Trading Diary ~ Wednesday 20th February 2013
10:15am ~ Feeling a bit better today, so I will be going out on a cycle ride later, but first I have some emails to reply to plus 4 Skype calls before lunchtime. I have also just got into a ’short’ trade on my GOLD chart, so I will report back later with an update plus details of any other trades I get into.
4:45pm ~ Quick update on my trading so far today, my GOLD trade came out ok, I exited the market after just over an hour with a profit of +126 pips. Then, just before midday I entered a another ‘short’ - this time on my S&P500 chart, which I’ve just come out of at +75 pips. As I have been sitting here in my study most of the day watching the charts, I’ve not yet managed to get out on my bike yet, so I’m now going off for a quick 20 minute ‘hard’ ride then back to see if I can have a quick “evening” trade before I’m out with friends to the cinema at 7:30. I will report back in a few hours.
7:05pm ~ I am packing up for the evening now, after a rather full-on days trading. Usually I will just have a few hours in front of the charts per day, but I did have quite a bit of admin work to do, plus emailing and Skype calls with new traders so this is why I’ve done so much chart watching and with my two “evening” trades in the past hour and a half, I have managed a total profit of +204 pips for the day.
My 1st trade this evening (at 5:30pm) was stopped out fairly quickly at -14 and the 2nd, which I’ve just got out of, gave me +17 pips.
Daily Target Reached ? YES (+204 pips) I have traded for most of the day, from 10am this morning