Another Success!

Posted by Deb | Day Trading Journey | Friday 28 January 2011 12:22 pm

Today I again found some time to trade in the morning, and used it well. Again it took a few tries to get a good internet connection with the Transact platform (even in my living room…), but finally got it.

The market appeared to be just about to be going up, so I entered a long position on two contracts. It took a few minutes to be caught, but when it did – up went the market and I was winning!

I put the first profit order after 3 pips and that caught very quickly. The second one, though, took some time. I moved it back to get 5 pips, and that took long I added one more contract in a higher point. That proved not to be a very good move: The market was slow. The second order finally caught and I was winning $100, and was stuck waiting for the third.

Finally I pulled that back too to have only one pips, and that caught. I got $112.5 over 3 contracts.

A few minutes later the market finally went up one more pips, but I am glad I went out when I did. I prefer not to be stuck in long positions: It takes out too much energy from me.


1 Comment »

  1. Comment by Alexandra Roberts — February 2, 2011 @ 8:40 pm

    Found your site on yahoo today and really liked it.. i bookmarked it and will be back to check it out some more later …

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