Small Steps

Posted by Deb | Day Trading Journey | Tuesday 23 November 2010 3:49 pm

Today I was courageous. I had time to trade quietly, when the kids were not yet around. I am getting used to trade in the slower pace of the mornings here. I opened the platform directly in the live mode, and waited for an opportunity to enter a position.

To my disappointment, I opened right after a major diving down, and the market was now unclear, stamping without a clear direction. It seemed to not have yet finished its dive, so I finally entered with a short position. The market was again stamping back and forth untill I finally exited on one pips. I didn’t want to take risks, I am not that courageous, and anyway my account is too small now to risk much.

Shortly after the market was going down again. I entered again a short position, and again exited rather quickly – this time after 3 pips. The market continued to dive down, but I had already $50 profit on 2 contracts, which I felt was enough for the size of my account and my failing courage.

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