Binary markets and todays DOW scalp trade

Last night, I found that my trading platform had 5 min UP/DOWN markets.. these are binary markets and allow you to bet on the movement of the DOW in 5 minute timeframes..  for example, you can bet if the DOW will go up or down in the next 5 minutes. I thought I would have a play and boy, was that the worst mistake.. it is pure gambling and I got my fingers burnt, I lost the equivalent of 70 points.. very bad! Anyway, I'll try not to play with it in future as it's not good for the bottom line.

October 1, 2008 No Comments Full Story

Todays day trade on the DOW

September 30, 2008 No Comments Full Story

The weeks trades – crappy Forex and still trading the DOW

The last few trades, I did make quite a few trades on the currency and the DOW (urgh, why am I still trading this instrument?). I haven't documented everything as I usually do.... many of these trades were done during the day when I was at work and not able to give myself the time to watch the markets.. yes, what on earth am I doing? Anyway, since the 24th, I placed 6 currency trades... all losing.. hmm, I won't go too much into but they were all small losses. All I can say is that the currency

September 27, 2008 1 Comment Full Story