Hi John
This week’s trading for me was a mess. Most frustrating was that I didn’t have the proper time to devote to it. My day job got in the way and I missed good opportunities. Then coming to grips with the VT cost me valuable pips so all in all I’m not happy with this weeks results. Today I got stopped out at 8 pips and that didn’t bother me as it showed the VT stops are a lot closer than they are on the demo platform. You could say this week was another learning curve for me. I also found out you can get into a one click trade on VT and then get out manually. However you do get a re-quote using the manual way as well if there is volatility.
I closed the Worldspreads account and opened the CMC Markets account. I will do the CMC tutorials this weekend and familiarise myself with stops and limits. Darren did show me but I got it horrible wrong. I’m glad I didn’t get into any trades while you traded as I’d not have been able to set any stops.
The week ended on a very special note for me. Probably the highlight since I’ve started trading. Trading with you was a revelation and I am so grateful for the opportunity. Watching you enter on the second candle and being shown when it moves away from the Bollinger band and when to get in. I shared your lesson with Darren and he followed what you did and made £300 profit after our discussion. I was very happy for him as it put a very positive end to his week. When I spoke to him a few moments ago he was so excited. I felt as if I’d won as well because he put this new knowledge to the test and the results were all positive. When I spoke to him at 1am this morning he was so down after his losses.
There is nothing like watching a pro at work. I have been following the course religiously but actually watching you trade is worth the course many times over. You could charge people to watch you trade. I’m wondering when you redo the beginners’ course if you could put in actual trades to demonstrate what you are teaching. You have them on the scalping course but to see you in action is the best teacher. Ever thought of doing what you did for me this afternoon and charging people for the privilege? I think you’ll have many interested parties. It just brings you back on track if you get side tracked and forget the basics.
I spent the afternoon before my dental visit watching the Dow and Dax with Darren and it’s so different to the currencies. I will enjoy trading these new markets as well. I love the opportunity to do something else if currencies are flat. The euro didn’t do much for me today except stop me out. When I watched you do the Dow it showed me there is more out there.
Darren paid me the biggest complement. He said I have such discipline with my trading. I call it fear J . You know what I’m looking forward to? Looking back a few months down the road to see how far I’ve come.
Last night MTI had another live trading session. What a crock o’ shit. They did the cable and set stops 35 pips away and the limit 35 pips. Well it was clear that the cable was on the way up and they put in a sell. Only for a few seconds were they in profit and then it turned into a buy. They tell you in their presentation that their course is $5995 and is going up in the New Year. They also said they give these live trading sessions to help people recoup some of the package price back. Well good luck to them. I have done two of their live trading sessions this week and both were as disaster. If I’d gone to bed and left the trades to run their course I’d have no money to speak of today. I also note that they now speak of trading as a ‘secondary’ income.
They’ve changed their tune. I bet someone got onto their case. I will not be suckered into their so called deals. The funny thing is that when you’ve attended 3 of their trading sessions you are denied access to any more. I can see why. 1 out of three wins doesn’t give for very understanding clients. I had to laugh, they asked people to raise their hands who were interested in the packages. I bet after last nights trade many of those hands were lowered.
And you know despite this week’s poor performance with my losses and learning to use a new platform again plus all the changes that go with it, I am FIRED up for next week. I am not despondent. Listening to Darren and watching you makes me itch to get in there boots and all and trade. I wish I’d traded with you today but I am also very glad I didn’t as I was able to give you 100% attention to what you were doing and not panic if I lost money. Thank you SO much.
Next week I will set the night traps on VT. I now know how they work and will set them 20 pips either side. Looking back over the past weeks this is definitely a good entry point.
Have a great weekend and I look forward to trying your fish and chips. I also give good haircuts so if you need one when we get to France I’ll keep most of your hair intact J
Kindest regards and thank you again. - Desiree
Saturday, 27 December 2008
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