4th October

Hello John - Subject Skype call

I am so sorry I missed your call. I was in the kitchen doing my nails!! A fine occupation for this dismal dreek Saturday morning in Perth.

I will be out until around 4pm this afternoon but home after that in case you wish to call again?

Leigh and I actually have a question for you. Do you do one on one’s here in Britain as well? Reason we ask is that Leigh’s aunt wants us to come and visit her. She lives in Monkton Farleigh and that’s a stones throw from Bristol airport. What we wondered is whether we could do a course with you and then couple that with a visit to her. With regard to catching flights etc this is also easier for us, however, coming to France does appeal as well as I’ve only been to Paris donkey’s years ago and that was an awful experience

Yesterday was a good trading day for me. I again made good pips. I got 19 pips. The long trade got on my nerves too much and I got out as soon as I was 7 in the blue. The euro was mucking about at that point and I wanted to take my profits and run. I also had to pay a $9 for overnight so that came to 1 pip. Then I made a comfortable 12 pip run on another trade and called it a day after that as I had reached my target. I learned so much from the long trade. It was quite interesting. My son is awesome and he has such a cool head and as you mention in one of your lessons, do what your eyes tell you and that’s exactly what he does. I was ready to bale out of the long trade but he said ‘mom look at the trend, it will get better’ . he was right. Also what I found very interesting is in the afternoon 1pm onwards when we had three markets going the euro plummeted whereas in the morning it was quite level. This happened the day before as well. It’s like when America wakes up the dollar takes a rise. I don’t take this as dinkun but for the previous two days it was the trend.

The trend certainly is your friend and don’t leave home without a stop was a valuable lesson for me as well. The long trade was an experimental one but the lessons I learned from that are etched in my mind now. I also drew trend lines and where I saw triangles and both times I was correct in where the breakout would occur. I had predicted the trend lines a good few hours ahead to meet and that’s exactly what happened as well. I’m a slow learner, not as quick on the uptake as Leigh and Iain but I get there in my own sweet time. I don’t like risks so to me a bird in the hand means far more than to risk a possibility of making a lot more. I do know with practice I will feel more comfortable to let it run for longer. Practice definitely is the key here.

I also opened a demo account with Worldspreads and I battled to come to grips with it yesterday. I was dog tired yesterday, another reason I didn’t bother doing big trading, and so the Worldspreads didn’t quite do what I thought it would. Today I will go over your tutorial again and practice it with dummy runs. Is this the program you use for scalping as well.

The trading analyzer is brilliant but for the ‘risk’ column I put down $10 which is not what it wants you to put down so my results are incorrect however my winning trades far outweigh my losses although some losses were too big for comfort. I have made up my losses and am about $650 in the blue now.

And with that I wish you a super weekend. Are you back in the UK? Kind regards - Desiree