Balls to the Wall......

Well it was FOMC day and into battle I went. To cut a long drawn out battle with the markets short, I basically traded myself into trouble and then traded my way out again all for a minor loss. These FOMC days are difficult. Carl (My Mentor at the firm) has agreed that the next couple of FOMC's I won't trade. For me they are not worth the risk at this moment in time and the of trading I'm best at is not suited to the large swings of volatility creating an...

foolonthehill

I am finding it increasingly difficult to manage all the requirements of day trading and completing this blog, You wouldn't think it would be difficult but somehow it is.
Henceforth I shall only be updating as and when I can rather than every day.

On Monday we started trading with 6 contracts and got hit with a big drawdown of 8,070 on the day.
This moved us back down to 5 contracts and yesterday we managed to return 4,000 to the portfolio and again move us back to trading...

rdstagg