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What happened? Where is it going wrong?
2008-02-08 23:34:00 I was annoyed with my performance today… my first trade was a good trade i felt but I had felt some fear and moved the stop too close.. it was at an obvious level where stop runners would push it to… 132500… not very clever. My initial stop was at 132450 which didn’t get hit ... More About: Wrong
What the f**k am I doing? S&P emini trading
2008-02-08 20:28:00 Well, back to it. I place my first trade, a long at 132700 with an initial stop at 132450 and a target of 132795. As it moved up a little, I then moved my stop to 132500. It promptly hit my stop and then went upwards to hit my target!! To compound it, I got itchy fingers ... More About: Trading
Keeping a trading log
2008-02-08 19:52:00 The nice thing about having a blog is that I can put my thoughts in directly after a trading session. As I was having some problems with it over the last couple of days, I wasn’t able to remember what my thought process was on the 6th. I enclose the chart on the 6th. I ... More About: Trading
Website downtime
2008-02-07 13:05:00 I experienced downtime on my website and it was almost 12 hours before it came back up… I had called up my service provider and I couldn’t get anyone to help me until this morning at 6am GMT. I called up last night around 6pm and waited an hour on the phone to speak to ... More About: Website
S&P emini trading blog - 5th Feb - Missed most of the action by the time I
2008-02-05 20:54:00 When I got back home, the markets had already plummetted.. I wasn’t sure if I could pick up anything at this stage. I missed an entry at around 18:20 GMT to short below 135000.. this would have been quite nice. Anyway, my first entry was a short at 134850.. it started to pull away. I saw this ... More About: Action , Time , Trading , Blog , The Time
Yawn!! Nothing happening in the markets today!
2008-02-04 20:50:00 It’s pretty dead today… if you look at the chart, there’s not much happening. It’s probably because the last couple of weeks we’ve had a lot of news driven events but today.. nought! Then there’s the Superbowl which happened last night and the traders are probably nursing their hangovers. In periods like this, best steer ... More About: Markets , Today
Wall Street Warrior - Full episodes online - watch for FREE
2008-02-03 17:17:00 This is fantastic, it’s a series in the US about the different types of people working in Wall Street , New York from Hedge Fund managers, Analysts, Day Traders to Portfolio Managers, Cotton Traders, Dealmakers… Each episode is just under 30 mins and available in it’s entirety and full. The whole of the first season is available ... More About: Watch , Free , Episodes
My website got hacked!
2008-02-03 08:16:00 This morning I woke to check this website to find that it had got hacked! I’m sorry for those who visited during this time to find this. Luckily, all the webpages and database were still intact. It was a case of going through and removing the changed files and it came back up! Phew, I was ... More About: Website , Blogging , Hacked
1st Feb - Second trading session - S&P Emini trading blog
2008-02-01 21:01:00 Well here I am back trading again. I found having the complete day to trade really helps me get a general view of what’s happening the market. I fired in two countertrend trades in this session. Short at 138675 as the market made a top.. I closed at 138500 which happened to be the bottom. The market ... More About: Trading , Blog
Morning S&P emini session? back later (hopefully)
2008-02-01 16:48:00 I have today off so I thought I’d make some trades. I am doing ok today and caught the general moves.. however, both my trades were great entries but where I let myself down was where I exited. There are so many variables to trading, your entry, your exit, your trading psychology etc etc. Anyway, my first ... More About: Back , Morning
What my trading mentor said?
2008-01-31 23:46:00 I didn’t get a chance to trade today… After last nights trade on the Fed result and making a profit, I discussed the methodology with my trading mentor, he said that in usual circumstances, the move is not usually so strong so it’s a strategy which he doesn’t recommend. Oh well, nevermind! Anyway, I was browsing through Michael ... More About: Mentor , Trading
S&P emini Trading - Awaiting the Fed announcement
2008-01-30 20:44:00 The markets were in a range prior to the Fed announcement so I put in a long order above the range at 136400 and a sell below the bottom of the range 135500. Anyway, when the Fed announced a cut of 0.5%, the market shot up.. my long entry was triggered and I manually closed it ... More About: Trading , Announcement
S&P trading blog - entered at the right place but exited the wrong place
2008-01-30 00:12:00 Today was a bit frustrating.. I entered two long trades as per the two green arrows in the attached chart. This picture is how I feel today!! The first trade I was seeing a move beyond the previous swing high.. stochastics were already high but I thought it wouldn’t turn.. I was targetting around 136300 at this stage. ... More About: Trading , Blog , Place , Wrong
Trading psychology is the key - S&P emini trading blog
2008-01-28 20:58:00 I’m still on the simulator, I had emailed my trading mentor earlier to ask if I should go back to the live account since I had a good week last week. He told me to give it a few more days and see how I get on. I am glad that he did as I ... More About: Trading , Blog , Psychology
Trading psychology is the key - S&P emini trading blog
2008-01-28 20:58:00 I’m still on the simulator, I had emailed my trading mentor earlier to ask if I should go back to the live account since I had a good week last week. He told me to give it a few more days and see how I get on. I am glad that he did as I ... More About: Trading , Blog , Psychology , Holo
The problem with tight stops and spreadbetting - FTSE shorting
2008-01-28 13:30:00 I put on a FTSE short this morning on my spreadbetting platform at 5780 with a stop at 5820.. it started off a bit dodgy and then hit my stop by 0.5 points before falling (5820.5)!!! Arrrgh! This is really annoying and I ended up nursing a 40 point loss. The price is currently 5745 which ... More About: Problem , Stops
The problem with tight stops and spreadbetting - FTSE shorting
2008-01-28 13:30:00 I put on a FTSE short this morning on my spreadbetting platform at 5780 with a stop at 5820.. it started off a bit dodgy and then hit my stop by 0.5 points before falling (5820.5)!!! Arrrgh! This is really annoying and I ended up nursing a 40 point loss. The price is currently 5745 which ... More About: Problem , Stops
Unbelievable - another win but on the simulator!! S&P Emini trading
2008-01-25 20:25:00 Yesterday I ended up with a small loss.. I was a bit worried, it could mean that my winning streak on the simulator was at an end… however, there were other problems today… the trading platform just wasn’t interested in letting me in. I ended up putting on some trades on my spreadbetting account to good ... More About: Trading , Unbelievable , Simulator
Unbelievable - another win but on the simulator!! S&P Emini trading
2008-01-25 20:25:00 Yesterday I ended up with a small loss.. I was a bit worried, it could mean that my winning streak on the simulator was at an end… however, there were other problems today… the trading platform just wasn’t interested in letting me in. I ended up putting on some trades on my spreadbetting account to good ... More About: Trading , Unbelievable , Simulator
24th January - a respectable loss! S&P trading
2008-01-24 22:28:00 First trade was a short at 134500 when the market bounced up from a fall and hit the 5 day MA line and stochastics were looking to cross towards the downside. Unfortunately I was wrong and got stopped out. Second trade was another short at 134725 at the market hit the previous swing high level? I ... More About: Trading , January , Loss
24th January - a respectable loss! S&P trading
2008-01-24 22:28:00 First trade was a short at 134500 when the market bounced up from a fall and hit the 5 day MA line and stochastics were looking to cross towards the downside. Unfortunately I was wrong and got stopped out. Second trade was another short at 134725 at the market hit the previous swing high level? I ... More About: Trading , January , Loss
Back on simulator and back in profit.. what?s going on? S&P emini trading b
2008-01-23 20:14:00 I pulled a good trade today, went long at 128250 as the market pulled back to hit the 5 day MA on the 5 min charts. The MACD and Stochastic in both the 5 and 15 mins were all pointing the right way which made me more confident. I targetted 128975 but when it hovered around ... More About: Trading , Profit , Back , Simulator
Back on simulator and back in profit.. what?s going on? S&P emini trading b
2008-01-23 20:14:00 I pulled a good trade today, went long at 128250 as the market pulled back to hit the 5 day MA on the 5 min charts. The MACD and Stochastic in both the 5 and 15 mins were all pointing the right way which made me more confident. I targetted 128975 but when it hovered around ... More About: Trading , Profit , Back , Simulator
22nd January - S&P emini trading - the inevitable happened
2008-01-22 21:10:00 Back to it today.. the stock markets around the world tanked yesterday and then the US market was momentarily saved by the Bank Holiday and then the cutting of interest rates by the Federal Reserve. I had a lifeline today… my TM (trading mentor for those who are not in the loop) seems to like me ... More About: Trading , January
Library of FREE Forex trading systems
2008-01-21 19:28:00 Well, the US market is closed today and I’m still on the live account.. phew! As there’s not much trading, I thought I’d spend some time doing research. As you know, I also look at Forex and I found a forum with a whole heap of free trading systems: http://forexfactory.com/forumdisplay.php? f=71 In addition, a lot of people use the Metatrader platform ... More About: Library , Trading , Free , Forex Trading
Back to losing? S&P emini trading? more frustration and stress
2008-01-18 18:30:00 After my winning day on the live account, I’m down and out again. I had some errands to run for the other half and I came back today to see that the market had moved substantially already. I felt a bit annoyed that I had missed all this. I sold on a pullback to find that ... More About: Trading , Back , Frustration , Stress , Stration
Day of reckoning - S&P emini trading - Head above water?
2008-01-17 22:13:00 Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it’s a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I’ve already had 3 losing days and he gave ... More About: Trading , Water , Head
3rd losing day in a row - S&P emini trading
2008-01-16 20:19:00 Another losing day… I am starting to get quite frustrated. Relegation back to simulator is very close. I made two trades, shorted when it went fell through a support level at around 138000 but it shot straight back up to take out my loss. Then I went short again at 138100… this wasn’t particularly good and really ... More About: Trading
Selecting the right Pay-Per-Click system
2008-01-15 23:35:00 For those observant amongst you, I have moved my adverts from Bidvertiser to Oxado. I was only getting about a click a week with Bidvertiser and I think this was probably due to the limited number of contextual adverts within Bidvertiser. Oxado are a lot larger and I get about a couple of clicks a ... More About: Adsense , System , Pay Per Click , Click , Pay-per-click
Second day, second time live trading.. not looking good! S&P Emini trading
More articles from this author:2008-01-15 21:38:00 Second day and the second time I went live today. I was eager and nervous at the same time. I phoned my trading mentor just to let him know my thoughts and he seemed ok. The market at about 7pm GMT was ranging and nothing seemed to be happening. There was a slightly inclined trend channel and ... More About: Time , Trading , Live , Good 1, 2, 3, 4, 5, 6, 7 |
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