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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