My first day trading!
- Thread starter fryzie
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- day trading
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- 12 April 2005
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Are you day trading?
I guess its best to learn from mistakes.
I started FX on friday and made a few errors. The entries were terrible and the one trade I had set up for all day went perfect, only problem I wasn't home for the entry!
I guess its best to learn from mistakes.
I started FX on friday and made a few errors. The entries were terrible and the one trade I had set up for all day went perfect, only problem I wasn't home for the entry!
- Joined
- 2 January 2006
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theres nothing wrong with trading on a monday... today was a very sideways nothing type day i was down a bit in the morning but by close all my positions had me up....
look to put some money into the banks when they start to lift sometime this week take part positions then fill the position when your comfortable the stock is headed north
people shifting there money from resources to financials as we speak, reporting on the way
my
what did u lose ur money on mate?
look to put some money into the banks when they start to lift sometime this week take part positions then fill the position when your comfortable the stock is headed north
people shifting there money from resources to financials as we speak, reporting on the way
my
what did u lose ur money on mate?
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- 20 September 2005
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Hi Fryzie
Sorry about yesterday. Just a hint from a fellow trader. Check out the hourly charts on your stocks to see when the big boys usually make their moves. You will find that the highest probability of getting the direction correct for the next day is late in the arvo 5th hour. Learn to read those weekly charts too and learn to do your best work. Its actually a foregone conclusion of mine, that most people don't do their best work so that creates plenty of opportunity for those that do. Good trading to you.
Cheers
Happytrader
Sorry about yesterday. Just a hint from a fellow trader. Check out the hourly charts on your stocks to see when the big boys usually make their moves. You will find that the highest probability of getting the direction correct for the next day is late in the arvo 5th hour. Learn to read those weekly charts too and learn to do your best work. Its actually a foregone conclusion of mine, that most people don't do their best work so that creates plenty of opportunity for those that do. Good trading to you.
Cheers
Happytrader
michael_selway
Coal & Phosphate, thats it!
- Joined
- 20 October 2005
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fryzie said:Was a shocker and lost a lotlol
oh well.. i better do some more learning
Hm how much did u lose?
thx
MS
hi yeh i guess u just gotta give it some time
2300 CTO @ .220, now .320
75000 FDL @ .028, now .037
2000 KAL @ .260, now .230
3500 WCP @ .165, now .155
thanks to the top two im doing alright now (especially FDL)
on Thursday (last week) i was down about $150, and now after today im up $810
2300 CTO @ .220, now .320
75000 FDL @ .028, now .037
2000 KAL @ .260, now .230
3500 WCP @ .165, now .155
thanks to the top two im doing alright now (especially FDL)
on Thursday (last week) i was down about $150, and now after today im up $810
