The object of my blogs are not obviously a tipster service I am to much of a novice to give any kind of advice. It really here to help me and hopefully other new traders through the very step learning curve of learning to hopefully be a profitable trader.

Now the disclaimer is out of the way I find myself in one of those many frustrating beginner points - losses. The sequence started Friday with an overall 11 pip loss and today as I stand a further 15 pip loss in one trade. Having learned on Friday that I should always check my setup before trading, the lesson I didn't learn Friday was as a beginner the first hour of trading is extremely volatile. It can mean substantial gains can be made but also the equivalent losses are also there to be lost. My indicators rely heavily on trend and get appear to get very upset with swift movement within very active markets. After a second day I think the FTSE's volatility means that I as a beginner really should not be trading markets that volatile. So where should I be looking well logic says a three legged horse or Spurs winning the league, they seem to be better bets than I am right now. But not being one to quit so easily I have started looking for markets that during these volatile times seem to follow my style and setup. Hmm everyone seems to harp on about Forex maybe that's the market that has "stabilisers on my bike". Well as I am writing this I have 3 pairs on my screen covering the markets between USD, GBP, and EURO. After an initial check on them volatility is still there however not nearly so much as the FTSE right now. My indicators seem to work on a more consistent rate. Onward and upward to trading my account to consistent profit, or at the very least keeping my account from crashing before I finish this blog. Well I think I will paper trade these today no point in losing my shirt until confidence is returned. (BTW dont worry my trading account is only £200 I am not stupid enough to load a load of money into it and burn it out before at least learning to break even)