my trading day ~ thursday 19th november ’09
Good morning to you all.
An early start for me today was planned, so I was up and out on my bike at 5:45am for a quick bit of exercise – and after a quick shower and large mug of coffee, I was in front of the computers just before 7am.
My plan today was to trade my new system (Trade With A Day Job USA) and my first trade came along at 7 o’clock on the Euro/Yen and gave me +30 pips. I then had a trade on the USD/CAD currency pair 45 mins later that gave me another 25 pips – and my first thoughts was to stop for the day as my total was over 50 pips. I recommend this course of action to newcomers to trading – it aviods fear and greed that envelope people that are new to trading. What you need is a fixed daily target, and once you reach that amount – just pack up for the day instead of being greedy and trying for another 5 or 10 pips. Just go for small daily amounts to start with, even daily earnings of just 15 or 20 pips will earn you a lot of money in the long term. trading is not a ‘Get Rich Quick’ scheme – it is a skill that is learnt over many months and years, but once you have mastered it, you have a key to earn a lot of money for the rest of your life, wherever and whenever you want to.
Anyway – back to trading – I finished in front of the screens at just after 3:30pm – as I wanted to take my youngest son into town – and my total earnings with this new system today was +80 pips – which was made up of 5 trades and just one losing one.
I was back just on 5pm to trade my ‘Evening System’ and just after 5:30 my trade for the evening came along and the normal +20 pips was earned – so a total for the day came in at exactly +100 pips.