More Profit on the Demo

Posted by Deb | Day Trading Journey,Uncategorized | Friday 6 August 2010 5:05 pm

I had lots of work today, and finally got to trading at 16:45, 15 minutes after the market opened.  When I opened the charts I realized I had just missed a major fall, which could have given me a good opportunity to a big profit (or a big loss, of course).

Anyway, when I came in the market was going back up, and seemed like it will continue going up for a bit more.  After watching for about 10 minutes I decided to try getting into a long position.  That was a good move.  After less than 5 minutes I was out with $87.5 on 2 contracts.

I wanted to get a bigger profit, so I tried again with one contract.  At the first 2 minutes it seemed I was wrong, the market seemed to be going down again.  Soon it changed direction, and I went out after 3 ticks, giving me a total of $125 on 3 contracts for today.

Good.  I am feeling a bit reassured.  I am not yet ready for “real” trading, but my confidence is slowly returning.  Though I cannot allow myself any more losses, so it will be yet some time before I will pass from the simulator to live trading.

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7 Comments »

  1. Comment by Rachel Morenco — September 3, 2010 @ 5:25 pm

    cool thanks for sharing! btw are there feeds to your site? I’d love to add them to my reader

  2. Comment by Deb — September 3, 2010 @ 5:37 pm

    Yes, for feeds lok down on the right side. I should really add better buttons soon.

  3. Comment by 20 Minute Payday — September 5, 2010 @ 1:54 am

    Hi do you use seo plugins on your blog? im looking for some advice.

  4. Comment by Deb — September 5, 2010 @ 10:56 am

    Yes, I have some. The most important one is Comment Luv – see http://www.comluv.com.

  5. Comment by Morgan Kamin — September 5, 2010 @ 1:36 pm

    I always have got a little something to say on these things, however i’d better not on this day.

  6. Comment by Make Money on Internet — September 7, 2010 @ 12:22 am

    Your Blog theme is kind of bland in my opinion, I love your posts but maybe you should update it sometime soon, don’t take it wrongly!

  7. Comment by online auctions — September 11, 2010 @ 2:37 am

    good post, added you to my RSS reader.

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