Sorry to ask a really silly question, but please be patient as I'm very new to trading! Will the bulls be out again tomorrow or will it now be bearish until a decision is made?
Hi, just a little update for you all as you have all been very supportive with great advice. I reassessed my trading plan, have now learnt more about charts and support/resistance levels etc.and can now say that I am trading with no worries or concerns. I have now almost clawed back all the...
Thank you so much Alexa, you have been really helpful...I will definitely be downloading the PDF:cheesy::smart:
Also very good advice about avoiding the first half hour or so of trading, I will do that on Monday, let the market settle a bit and see where it is trying to go.
Have a good weekend.
Hi, when I was on my demo account towards the last few months I started to focus on Germany 30 especially when the cash markets opened. I found it easy to jump on whichever direction it took first thing. I was buying/selling at £5 with a limit of 10 and a stop of 50. I would do this twice, 90%...
I shorted Wall Street yesterday afternoon and did quite well. It's on a steady rise so far today, anyone got any views on how it will go this afternoon?
I will stick to £1 trades, which is how I started on Friday and then foolishly after losing money I started doing £2 and £3 trades to try and get my money back...I know not to do this, it was madness and won't be happening again next wk. I think I also need to set a trailing stop instead of a...
Good advice from you all, thank you. I have taken it all on board and will start again on Tuesday with a different attitude. Although I may go back to my demo account on Tuesday and see if I can get my confidence back and try a new strategy that I have been thinking about.
Thank you for your response :-) Maybe I am trying to achieve too much? I really enjoy trading, it's not something I thought I could ever get my head around so it's a sense of achievement, but obviously if I lose my money I've failed! I am a full time mum and my motivation is to be able to...