Saturday, 27 December 2008

5th November

Hello John It was good chatting to you this morning.

I went in at £4 a pip and made two losses however I was cautious and got out at -16 and -20 at each point.The currencies are messing us about today. Then I went in for cable at 1.2772 and Worldspreads got stuck. I was in profit 25 pips and the deal ticket still said 1.2772. so I called Worldspreads and they took me out at 1.2797 and I made 25 pips.

I asked what’s wrong and they said their system has crashed and they are having to take folk out manually. They said not to trade anymore till the system is up and running again. I think they are in chaos right now as I had to wait to get put through to them. When I spoke to the chap he laughed and said their phones are ringing off the hook.

Darren is talking to them as I write this as he’s in a similar trade and can’t get out. So for today I am only -11 negative. I kept my cable at £4 a pip and shouldhave gone down to £3 but I thought no I am in control and will ride this.

The VT and Worldspreads are not in sync which is causing a lot of problems and so I will now sit tight until things are up and running again. W/spreads said that this will take quite a while to sort out so I’ll take breather and relax knowing in am now only 11 pips down on the day I went to bed at 8pm last night. I’m still in UK mode and I was awake at 3. I decided why lie here not sleeping when I could be checking my charts and possibly trading. So when you called I was all bright and breezy and happy to be online working away.

The office in Perth were seriously confused as they wrote back and said ‘go back to bed its 3am!!’ Both losing trades I did today showed all the indicators were on my side when I went in. I entered at the right time and then it went against me almost immediately. It was quite a shake up to not rely on the indicatorsall the time. I can’t work out whether it was the charts being out of sync or me. Either way I’m giving it a rest for now and then will see what happens later on today.

I’ll carry on this email in a few hours time. Have a safe trip back home Later…. Trading came to a grinding halt. I am £4 in profit for today. Someone hacked through the cable outside Worldspreads successfully cutting them off from their server and with that any more trading for the day. Thank goodnessI ended on a profit after my two disastrous losses. I have to get used to losses. They irk me and I feel a failure when I make one. This is something I have to come to grips with and I will. I wasfortunate to make money after the two losses and just about recovere verything but taking Monday and Tuesday into account I’m only up £4.

Iwill see if they do come back online later on and if I can get into the zone I may trade cable. There is a lot of movement today and the pound is recovering nicely against the dollar. If I don’t trade again today that’s also ok. I’ll go take a nap instead Kind regards Desiree

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