Continuing the Recent Thread

Posted by Deb | Day Trading Journey | Wednesday 16 February 2011 4:38 pm

Again I had a small profit: $75 over 3 contracts. Better than yesterday…

I first entered a small positon, over one contract. The market was not moving, and I finally quit with $25.

Than the market began to wake up, and I entered a short position first with one contract, than another one pips higher. The market moved up and own about 2-3 pips for a long time, than went down a bit more but my limit wasn’t caught (it was the demo again), than up… Finally I lost hope it will go up much more and quit with a profit of $50.

I think if things continue like this maybe I will go back to live trade.


A (very) small profit

Posted by Deb | Day Trading Journey | Tuesday 15 February 2011 3:35 pm

I traded today again when the market was strong. The market had a nice volume, but was stuck around the same point: 2-3 pips up, 2-3 pips down. I added contract to get some profit, and after a long wait I finally quit with a small profit of $62.5 over 4 contracts. Well, every profit is better than losing!


Little By Little

Posted by Deb | Day Trading Journey | Monday 14 February 2011 6:32 pm

Today I made another $100 on the demo, with 3 contracts.

At first I was not sure at all where the market was heading. I had to go out shortly, so I left orders on the nearest resistance and support lines. When I came back, nothing had caught yet, but the market was approaching my resistance line. I wasn’t sure it will actually make it, so I put another order of 1 contract one pips lower (the original order was for 2 contracts). The 1 contract caught immediately, than the market played up and down near the line. The demos orders are pushed to the end of the queue, so it took a rather long time to catch the other 2 contracts. Finally it caught, and soon after the market went down. My first take-profit point caught very quickly, giving me $62.5. The market went down more, but as the demo is slow to get the orders nothing caught. Then the market turned up again. I decided to quit, and collecting $37.5 on the last contract.


A Funny Game

Posted by Deb | Day Trading Journey | Sunday 13 February 2011 12:22 am

Watch this:

Press one of the shoot/Don’t Shoot options at the end. Then please write down in the comments here some of the good words you found.



Today’s Trading

Posted by Deb | Day Trading Journey | Friday 11 February 2011 3:12 pm

Today went very much like yesterday. The only problem is that I had less time. I started trading in the morning, when the official market in NY was not yet open. The market had nontheless enough commotion to be able to trade.

When I started the direction of the market was not yet clear, but soon enough it seemed to be going down soon. I put one order for a short position on 2 contracts, and another order for one contract a bit higher. Finally the first position caught. The market got stuck around the entry point, but finally went down a bit so my limit order for the first contract caught. Then it went up again to my starting point, and I had already to go.

I went out to fetch the kids when the position was losing, and the higher one-contract position had just caught, but it looked sure enough to be going down again. I put the limit orders to get out of the position a bit closer, and left.

When I came back over an hour later, I was out of the position with a total profit of $112.5.


Another Success!

Posted by Deb | Day Trading Journey | Thursday 10 February 2011 10:57 pm

On the afternoon today I could not get a good connection. I tried even switching to regular internet connection and not through the wireless, something I had not done for a very long time, but even that didn’t help. So I waited for the evening.

I opened the platform about 30 minutes ago. It took me a few tries to get a good connection, but finally I did.

I wasn’t sure were the market was going, so I waited a while. Finally I decided to put 2 contracts on the next resitance line. Then, being not sure if the market will get there, I added an order for one contract on one pips before.

Finally, they all caught. The market went a bit up, then down, and stayed for a long time in that area. Finally, it went down. I was out with 2, and was waiting for the third to exit too. Then I decided to move it up one pips, and it caught with a total of $112.5.


What a Miss!

Posted by Deb | Day Trading Journey | Wednesday 9 February 2011 7:59 pm

The volume today is very high. I was not able to get a good internet connection. When I opened the Sierra charts I saw the market was about to go down. I tried to open the Transact platform may times but could not achieve a good connection. I considered opening it on live trading (as my regular readers know, I am currently trading on the simulator only), just to put in an order, as no order in the simulator could get through in such a bad connection, as it seemed obvious the market will be going down. I was afraid to put a live order with a bad connection, so didn’t.

A few minutes later I updated the Sierra charts which were also not getting a good connection. The market had indeed dived, about 5 points down! Had I put a live order for 2 contracts as I was considering doing, I had been now $500 richer! What a miss!

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