P
postman
B...
Almost 100 point range on Dow.... I can trade those moves... 😀
Made the 100.
Time for a retrace ???
B...
Almost 100 point range on Dow.... I can trade those moves... 😀
Just bought the DOW at 16417, using a 20pt stop on this.
Just bought the DOW at 16417, using a 20pt stop on this.
Moved stop to cost.
Ouch - up 50 now. 🙁
Quote of the Day
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They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.
- Jesse Livermore
Ouch - up 50 now. 🙁
That's is a very timely post for me! Over Christmas I was thinking about all the banks and big boys taking all the cash from retailers and I began to think about the 'right side of the trade' and how to be on it. Everyone has there own procedures, indicators, PA, etc but one thing we can all do is to take a leaf out of that great mans book and don't guess or predict, just trade what the market is doing NOW.
Typical! LOL
I have a few levels/zones I'm looking to trade today should they be hit and look to be holding for 15-30pt moves.
DAX Cash 6372/82
FTSE Cash 6590/6600
To me it looks like the trading range for Dax is getting narrower. Its going to pop soon (next 2 days) but I have no idea which way, and, dont really care.
Wall street will give its reaction to Yellens appointment this afternoon. 😉
Am not missing wally street today, I want to get on that, was to aggressive with moving my stop to entry yesterday.
Am not missing wally street today, I want to get on that, was to aggressive with moving my stop to entry yesterday.
On the verge of reaching £1,000 from the free £100 InterTrader gave me, and now all of my trades are being referred to dealer.
The account is at £912 as of typing with active trades open.
Should be fun when I try to ask for a withdrawal, I'm expecting some sort of term & conditions link sent back to me saying I can't until I do something like deposit £10,000 and trade with it or something.