My Update

Posted by Deb | Day Trading Journey | Thursday 7 February 2013 5:56 pm

It’s been a while since I’ve updated here. Last time I was trading I gave here an update almost every day, now for some reason I feel more shy of it.

Anyway, I have been trading, mostly on the demo, almost every business day in the last few weeks. I feel still unsure of myself, thus my profits are low, but except of a few days – one of them with quite a big loss on the demo, on a day I was not following my own rules –  I have been make profits.

I made a few more live trades, and they were also not bad. I am steadily regaining confidence. Today was annoying: I knew I was closing the trade too early, but I have been enough in the position and wanted to get out already. I made $75 over 2 contracts.

I have also started trading live on eToro, on which I have written here some time ago. I decided I have nothing to lose: On the demo I made about 12% in a few months without doing anything: When I first signed I copied a few of the traders, and than left it there without doing any checking or initiating any positions myself. It’s a better revenue than any other savings account in my bank, so I put some money there. Not much, but if live trading proves to be fruitful enough I will probably move there more money from my savings.

eToro currently have a nice promotion: You get a $20 gift cards to start trading if you join through the link of this banner here:

 

Now’s the time to try out eToro – the most user-friendly forex platform online.

Share

2 Comments »

  1. Comment by David — February 16, 2013 @ 1:55 am

    Hi Deb –

    I’m glad to see that you’re still blogging…and trading. I had one really bad trade two years ago resulting in the loss of 50% of my $10K trading account. It has taken me some time to rebuild my confidence (and my trading account). I’m at the point now where I’m ready to cut back over to live trading instead of trading on the SIM account.

    I appreciate your frankness and honesty in your blog about your trades, good or bad. I am getting ready to start my blog on my upcoming journey to trading futures full-time, which is still quite some time away from now.

    I wish you continued success on your way back to making money consistently.

    Take care,

    David
    The Hopeful Trader

  2. Comment by Deb — February 16, 2013 @ 7:56 pm

    Thank you David. I needed your encouragement – I had a bad trading day on Thursday, losing my profits of a few days. I was afraid to trade live on Friday but finally did make a small profit, just enough to make me hopeful again.

    Anyway, good luck to us both in trading. If it will work, it is just a wonderful way to make a living. Let me know when you start your blog.

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.