Archive for the money Category

Shorting the GBPJPY… from all to nothing!

Shorting the GBPJPY... from all to nothing!

Last night I saw an opportunity to short the GBPJPY currency pair and I entered at 205.20 with a 200 point target and a 100 point stop order. In the back of my mind, I know that I need to leave these trades running, there have been many occasions where I have closed for 100 to find that the market has moved 500 my way or more! Anyway, I set this trade in motion and went to bed... I woke up to find that the market had moved and throughout the day, went lower... the lowest was 204.00 which was

August 19, 2008 No Comments Full Story

Internet Money Masters and the Free bonuses

A few months ago, I went to the Internet Money Masters event and there is now another one coming up on the 20th to 22nd September. It is a 3 day seminar and there are a heap of people who talk about how they made their fortunes on the Internet and then in turn try to sell you something. I didn't buy anything that time though the presentations were very slick and I was tempted on a few occasions but I still learnt a lot of things to springboard my ideas... I am attending again this time roun

August 16, 2008 No Comments Full Story

Daytrading frustration… when to stop?

Daytrading frustration... when to stop?

Today was another disastrous day trading.. I have been trading on/off for over a year on this blog and I still am miles away from being successful. My stint with the trading academy showed signs of success before they terminated my contract (illegally... it's going through solicitors currently) and recent courses have proved to be fruitful. I know trading takes a long time to learn and although this blog has been running for over a year, I have actually been trying to trade for much longer t

August 12, 2008 No Comments Full Story

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