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From Make Me Some Money - view blog entries - visit this blogApril 29, 2008 at 3:31 pm ET
I figured that there is no point in grabbing small profits and also no point in getting out of a trade unless conditions change… I read that somewhere from a top trader in a book.
Anyway, ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 28, 2008 at 4:23 pm ET
I haven’t heard anything from my trading academy despite me leaving numerous messages with them to call me. I have a deadline of the end of this month to bring my account to the black.
Anyway, ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 27, 2008 at 2:58 pm ET
Every Sunday, I get a copy of the Sunday Times. The first section I read through is the business section and today, there was an article about supertrader, Greg Coffey of GLG.
The big news is ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 24, 2008 at 4:22 pm ET
Today I thought to myself that if I could ride the peaks and troughs of the market, I could capture more of the profits. I am finding that I tend to chicken out at about ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 21, 2008 at 3:57 pm ET
I traded a few times today.. the first was an easy short as the market fell below the MA line confirmed by stochastics and MACD. The second and third trade, I really should have been ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 20, 2008 at 5:00 pm ET
I got my Friday off and therefore had more time to trade. I made a series of trades as you can see from the chart.
First trade was a short at what I thought to be ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 17, 2008 at 5:04 pm ET
I still haven’t heard anything from the trading academy… I continue to trade as it’s about learning and if they terminate my contract, I will set up my own account and continue. I feel my ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 16, 2008 at 2:36 pm ET
I shorted here at 135900 thinking we had got a triple top.. in fact, the market shot away and blasted into space. I was gutted and took a 14 price hit.
I still haven’t heard from ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 14, 2008 at 3:18 pm ET
I didn’t tell you guys but last week I received a letter from my trading academy to say that I was 9 months into my trading program and that I had the end of this ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 11, 2008 at 4:35 pm ET
Today wasn’t a good day.. I’d been doing rather well recently and today, I let myself down. It was an obvious mistake in hindsight but the markets aren’t very forgiving.. you make a mistake and ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 9, 2008 at 5:04 pm ET
I got home a tad late today and was unable to trade once again!! Arrgh, frustrating. Anyway, had a look at the market and even if I got home at the usual time, there wasn’t ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 8, 2008 at 6:09 pm ET
Hi all,
I wish I had found some sort of loophole or something amazing to tell you but in truth, I made £150 (or about $300 USD) by taking part in a focus group to talk ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 7, 2008 at 2:40 pm ET
I have not traded since last Tuesday due to birthdays and some evenings with friends. I was doing quite well with my last couple of trading sessions… I’m still on the live account the last ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 3, 2008 at 4:48 pm ET
Today was the other half’s birthday so I took her out for dinner. No trading today.
No trading tomorrow either as I’m meeting an old friend for some drinks and dinner.
Will be back on Monday, at ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 2, 2008 at 4:06 pm ET
I got home today rather late. I met up with a friend after work and we had a couple of drinks. By the time I got home, there was only an hour left of trading ... ( more)
From Make Me Some Money - view blog entries - visit this blogApril 1, 2008 at 3:07 pm ET
I’ve mentioned previously about holding onto winning trades and cutting your losers. I am great at cutting out my losing trades early but holding onto winners? The urge to take profit early I think is ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 31, 2008 at 4:29 pm ET
I had a lot of ‘rules’ in my head today regarding my trading which I wanted to adhere to. They were:
Only trade when there is a signal, wait for confirmation before entry
Try and hold out ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 28, 2008 at 3:50 pm ET
When I got back home, the market was slowly dying a death.. the market was heading lower and lower. The stochastics charts were flatlined at the lower end and not moving much at all in ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 27, 2008 at 3:55 pm ET
The subject of this trading is a very well known trading adage and for those who trade, I’m sure you’ve seen it many times before. However, how many people can actually do this?
We are programmed ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 26, 2008 at 6:03 pm ET
Today I came home exhausted and tired…. I didn’t feel like I wanted to trade but I felt also a bit frustrated that I am still yet to return a profit.
Although I am on the ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 25, 2008 at 7:16 pm ET
I shorted at 135425 today as the stochastics in the 5 min chart was heading lower. Also the 15 min chart stochastics chart was in overbought territory and I thought it was going to be ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 24, 2008 at 4:57 pm ET
Hi guys,
I have found a widget which displays the market prices of the stock markets across the globe. I have installed this on the blog. You can click on the index for a mini-chart… or ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 24, 2008 at 12:55 pm ET
Hi All,
Today is Bank Holiday Monday in the UK and in my previous post, I mentioned that I don’t like to trade the market during these times. Best to wait for the traders to come ... ( more)
From Make Me Some Money - view blog entries - visit this blogMarch 21, 2008 at 9:15 am ET
Hi All,
In the UK, it’s now Easter weekend. I’ve learnt from past experience that volume dries up and markets tend to be choppy and prone to false breakouts, whipsaws etc.
I didn’t trade last night (and ... ( more)
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