Friday, 26 December 2008

13th October

Hi John

Today is not a day for trading for me. With the loss of my connection twice and getting my stops wrong and generally making a right hash of it I will watch the markets and if an opportunity presents itself I will go in but I won’t record it on my formal Trading analyzer instead on a sheet of paper as it’s a training day for me.

I learned one thing though. Gosh every day is something new to learn. When I had two charts up on my large 19 inch screen of my desktop and they were side by side then it looked like some good trading opportunities. However later on I enlarged the euro usd chart and saw right away what a monkey I was to even think of entering the trade as the candles were squished up and had I looked at the chart in full I’d never have entered the trade that I did. Now I have the screen on as full and I can see so much better where its good to go in and where not.

Spoke to Darren who also made a loss at one point and was taking it easy. I have to say it made me feel better as he was also having a hard time and it wasn’t just me.

Right now it’s teetering around the support level and I’m sitting tight. It’s a USA bank holiday as well so those markets won’t open. It’s only Monday I have 4 days ahead of me. Every day presents new opportunities and so feels ok about making today a training day with my stops.

Not every day is a trading day and I realize as I get better and more experienced I will have less ‘non’ trading days but for now let me cash in on when it’s good. On the other hand if I did put in trades like this, it’s a good time to trade with a lot less instead of my usual £10 as I’ve been doing. I’ll practice with the £1

Have fun preparing for your course. I wish I was able to attend it

Kind regards - Desiree

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