Friday, 26 December 2008

14th October

Hi John

I got myself all sorted and calmed down and then I watch the euro take a pounding and I took 20 pips in 2 trades 11 and 9. I could have made a lot more but I need to overcome the fear that it can go belly up and I loose it all. There are tons of pips for the grabs but I cannot get over my over cautious nature and take what is easy pickings. I must say whenever I’ve got out it the trend has most times changed direction for a while and I’d then stop out so my reasoning is rather get out and in again than to loose 10 pips. I’m also happy to say that I was able to move my stops down from 20 to 10 but I would still bale myself out if I see the candles getting shorter.

I feel I’m back on track and made up for yesterday’s fiasco. I only traded £1 per pip. The funny thing is now I have to think differently. When I did £10 when it said 10 I was up one pip. Now when it says 10 I’m up 10 pips.

Have a super time in Prague and we’ll catch up when you are back in town. I will send updates through the week to keep you posted. Maybe tomorrow I will try £2 per pip -Kind regards - Desiree

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