Trade #2 July 15th, 2009 2:15 a.m. Sold 10 Lots of EUR/USD @ 1.40865 7
The market has me currently in a dilemma. I was awoken last night round 1:30 a.m. As my alert for 1.4100 break through had been penetrated. I was gaining confidence that it would go lower past the 1.4080. The market went back up to 1.4090 […]

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Trade # 1 7-15-2009 Sold 10 lots @ 1.40858
At 6:13 p.m. I placed a sell of 10 lots on the EUR/USD. It’s now 7:21 p.m and it has bounced back above the 15 minute movnig average. I’m currently down $12.30. I decided to test a trading stratagy of buying above and below the moving average. I brought […]

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Patience
Patience is one of the weaknesses I have to work on. I’ve noticed that in my trading and musical pursuits I lack a lot of patience. I’m at the kindergarten level at all of my endeavors. However, I want to be at the college level overnight. Patience isn’t something that can be learned in school […]

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Over the last few trading days, I’ve taken some losses but still been able to maintain a balance high enough to trade five mini lots without getting a margin call.
Sunday and Monday EUR/USD session, I decided to try a simple moving average trading system. The volatility was so low it was impossible to make any […]

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I had a chance this morning to reflect on my dieting experience yesterday. Amazingly, I didn’t die. I was able to stay under 1500 calories. I didn’t have any meat, sugar, nor caffeine. I did feel better when I woke up this morning. I didn’t have a headache. I did however have some coffee this […]

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Today I’m going to venture on a new journey. I’ve thought deeply about the subjects of love, relationships, happiness, money, health, and life. I’m going to start focusing on my health and relationships again. Yesterday, I went to the movies to see Public Enemy. Afterwards, I stat outside with my sketch book and started drawing. Nothing […]

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I’ve had a good few trading days. The book that I’m reading, High Probability Trading by Marcel Link has been a tremendous help my trading. Over the last few days, I’ve had 13 trades, which 11 of them were profitable. I still need to continue to read and learn.
On July 7th, I had to add […]

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As a part of my earnestness to become a trader, one of the ideas suggested in Marcel Link book is to keep a diary of your trades. I plan on doing this here as painful as it is. Last night, my loss was $84.98. I lost 80% of my account… Again. What happened? After reading not to […]

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For the last couple of days, I have been reading a new book I bought, High Probability Trading by Marcel Link. I have commited to improve my trading by reading daily. For the first two chapters, Marcel discusses all the mistakes and pitfalls novice traders make. It’s the main reason I bought it as I […]

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If there is any constant patterns that I have noticed about myself from blogging, it’s my constant pattern of changing directions. However, I think I have finally found a passion that I’m going to follow through on. I’m going to become a trader. Why a trader? Trading will allow my to earn money, while still exploring my […]

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