I quit trading on Monday, I should never have traded this horrible spread, I can understand why its not a spread but it was good until I traded it, what can I do!
Although I am really happy because I am going to Hong Kong with an open return in a month's time, just booked the flight. I have 1 job interview lined up for when I get there and I am hoping to find work and live there, it's been my dream. A dream I have had before discovering trading. I love HK and Cantonese language and so much more. I only been to HK once but can't wait!
Perhaps I will update this blog with what happens in Hong Kong haha.. I dunno. Although I would like to resume trading eventually and set up a company one day just for now I am focussing on getting an income in HK so I can stay there.
Although it's the end of this blog, its also the start of a new beginning for me.
GL to everyone who read my blog and all the nice comments (I never published them all) but did read them. ^_^
Wednesday 13 July 2011
Thursday 7 July 2011
Huge Rant
Yesterday I completely lost it and was seeing red most of the day. I get fed up of being unlucky, stopping out of gold at 1050s was awful luck, as I puked almost the very low and I leveraged every penny into it. Then when I go into spread trading its really tough and then I quit for 4 months and the spreads are incredible, giving easy money and not blowing out. I return in April and by June everythings blowing out regularly, as in at least once a week. Then last November went to surprise a girl in HK and she had flown out to the US 4 hours before I got there!! then I got glandular fever and other things wrong with my health and had no travel insurance, so cost a fortune and had to delay my flight. I then get better and find out my letting agency have taken all my stuff, £2000 worth of stuff, most the stuff I owned infact. Still I am getting legal advice for it and no compensation yet.
My parents have now finally divorced and I am still yet to hear back from my biological father who said he would let me know when he's free, its been like 2-3 weeks... So much stuff makes me angry, I am becoming an angry person through no fault of my own. My backer banned me from trading over trichet along with most people he backs as last trichet we lost alot of money collectively, me and others. Although I lost my money on the bobl ted which blew out the day before and the moment I decided to trade it (see previous posts). So I watched as the spreads behaved beautifully over the conference and I was up 530 (which is very good) by 10am and I honestly think I could have broken 1400 on the day to make it my best day. It was just so good and people I know who trade same spreads made a killing.
So today I am trying to trade well and forget the fact its retarded to try and guess which days are gonna be good or bad. Plus trichet days have made me good money on average, so because of one bad one I am now so frustrated, I wish I could just have things go well for me!! both in trading and outside.
My parents have now finally divorced and I am still yet to hear back from my biological father who said he would let me know when he's free, its been like 2-3 weeks... So much stuff makes me angry, I am becoming an angry person through no fault of my own. My backer banned me from trading over trichet along with most people he backs as last trichet we lost alot of money collectively, me and others. Although I lost my money on the bobl ted which blew out the day before and the moment I decided to trade it (see previous posts). So I watched as the spreads behaved beautifully over the conference and I was up 530 (which is very good) by 10am and I honestly think I could have broken 1400 on the day to make it my best day. It was just so good and people I know who trade same spreads made a killing.
So today I am trying to trade well and forget the fact its retarded to try and guess which days are gonna be good or bad. Plus trichet days have made me good money on average, so because of one bad one I am now so frustrated, I wish I could just have things go well for me!! both in trading and outside.
Friday 1 July 2011
The week
I probably wouldn't have posted this week as yesterday I posted the month but its been a great start to July! +1367.5 euros, my 2nd best day plus this week ended so well, making 3500 euros in 2.5 days. Today the spreads moved around quite nicely but also two of the spreads drifted lower all day, but luckily I was really aggressive to get out and back in taking small losses on many of my trades. Before I would struggle to push above 600 on the day but with this new spread I am trading I feel like 1k up is really possible on non bad days. I only average into the bobl ted and the fly or the schatz ted and the fly never the bobl ted and the schatz ted but I trade all 3 and today I was constantly trading all 3. Taking my positions off in profit on 1 spread whilst putting on another and trying not to miss any opportunity in all 3. So I am excited to see just how much I can make like this as I feel this set up suits me better.
I feel more positive now but not only because of a good run recently but because a year ago I was happy to make 300 on the day but my stop was also about 1000 like it is now (although I over run it often) and then when I stopped out it would take a fair few good days to make it back what with all the costs but if I am capable of up days as good as my down days it makes me able to relax a little. The reason is also due to the fact I now do 14 hour days everyday except Fridays and now my account will be almost recovered before I pay desk fee for this month, never could have imagined it had really given up. I think perhaps people think I am bad at taking losses but its totally different when its your job and you need the money to live. Fingers crossed. I just scratched the lowest price of the day in the fly as I realised its near 4pm on a Friday and things can drift after 4pm and the price I am buying which is the lowest of today is actually relatively high on the week and I could end up having to hold a huge position over the weekend. Since then its already pushing lower, maybe I am learning!
Wishing my blog followers who are also traders a good July ^_^
The week:
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I feel more positive now but not only because of a good run recently but because a year ago I was happy to make 300 on the day but my stop was also about 1000 like it is now (although I over run it often) and then when I stopped out it would take a fair few good days to make it back what with all the costs but if I am capable of up days as good as my down days it makes me able to relax a little. The reason is also due to the fact I now do 14 hour days everyday except Fridays and now my account will be almost recovered before I pay desk fee for this month, never could have imagined it had really given up. I think perhaps people think I am bad at taking losses but its totally different when its your job and you need the money to live. Fingers crossed. I just scratched the lowest price of the day in the fly as I realised its near 4pm on a Friday and things can drift after 4pm and the price I am buying which is the lowest of today is actually relatively high on the week and I could end up having to hold a huge position over the weekend. Since then its already pushing lower, maybe I am learning!
Wishing my blog followers who are also traders a good July ^_^
The week:
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