hello John
I'm glad you did well on the Dow today. I have been watching it as well as the currencies. As you say every trade is a new trade yet when I entered a long on cable and my order was not accepted I saw it going up 200 pips and nothing I could do about it. Eventually the order was cancelled and I had no trade at all. Even when it came back down to where I went in I thought it might trigger my order but nothing happened. That put me off my stride for a while and I watched the charts. As its the 15 charts I waited for opportunity but none came for a while.
Then I decided to close VT and now I'm on DealBook. I entered a Cable trade and set a trailing stop of 10 which was silly on a 15 minute and it went well and then took me out at £1 loss. I'm not complaining as I am getting used to Dealbook and the more I use it the happier I am. I have the Dow 1m and 5m charts up and on currency the 5m and 15m using the 5m to enter. I feel so much more in control and wait for things to happen and then enter. This way I trade less but what I do trade (if i only put my trailing stops wider) I do make nice profits. So far I've only had 2 loosing trades in the past week but more winners.
I had some technical issues with Dealbook and they gave me the same spiel they've always given me by adding the new URL and disabling firewalls I dont have enabled. The told me to manually go into my Dealbook files and delete old folders and such so I'll give that a try. this is what they said, you may find it useful
Manual Removal Location of folder: C:\Programfiles\DealBook360\storage In storage you will have displayed demo.gftforex.com 8080 or/and live.gftforex.com 8080 (depends on the port used) delete these folders
You know my dad always said to me about living in different countries. He'd say every country has its own problems, you just need to decide which problems you'd like to live with. I feel the same with the platforms. They all have their niggles but by and large I do like the Dealbook and it's charts. VT is great too and generally lets me into trades but it doesnt have trailing stops so I have to sit and watch those.
well that's all for now. Will be in touch later - Desiree
Saturday, 10 January 2009
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