End of Another Week

Posted by Deb | Day Trading Journey | Friday 21 May 2010 2:31 pm

This week’s trading has ended in a fine note.  Today I made $125 on 2 contracts, with no effort.  Opened the trading platform, waited 10 minutes till the market came close to a support line (which was the minimum point of earlier today), and entered with a long on two contracts.  5 minutes later I was out of the position with $125.  Probably could have taken one or more pips, but never mind.

This ends my second week of straight profits.  Well, almost 2 weeks, as I did not trade on last Monday, so it is in all 9 days of trading.

I feel now like a mountain climber, stoping to take a rest at the nearest peak, looking back at what I had passed and turning around to see how much is still left to the next peak.  Or maybe a better metaphore would be of someone who is climbing out from an abyss or a pit, as that was were I was at the begining of this month.  My account now should be at almost $4000.  I have yet to climb back up to $5000 in order to have any real profits.  God only knows how much I need these profits.

I feel much more confident now after 9 days of profits only, but from my experience I know how easy it is to get too confident and have these downfalls again.  I really can’t afford having any more downfalls.

Share

2 Comments »

  1. Comment by Bryon Hartl — June 19, 2010 @ 8:40 am

    You may have not intended to do so, but I think you have managed to express the state of mind that a lot of people are in. The sense of wanting to help, but not knowing how or where, is something a lot of us are going through.

  2. Comment by Deb — June 19, 2010 @ 9:12 pm

    Thank you.

RSS feed for comments on this post. TrackBack URI

Leave a comment

CommentLuv badge

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.