Blog of Day Trader

Hi,

Try to make money evey day in forex is futile. It's about monthly and yearly % gains /losses. For the most part daily is almost meaningless.

Results:

August 09: +2%

I'll post once a month form now on. Pleas e do not be conned by salesman trying to tell you their system cnam ke you money every day in forex.

Mark

Ok I cannot trade tomorrow so here are my fantastic results so far. My goal isn't to make as much money as possible to make money as regularily as I can and spend as little time trading as possible.

So what I started doing was going for 15 pips profit in aday and then calling it quits. no often I am finisehd after one trade in less than 10 minutes....but some time sI trade 3+ times, if I hit alsoer first off. And this is not good to me. What if I hit 2 loers right off. I would then have to make 5 trades...

True Blue 1 hour Forex System:

Euro/ US$ 1 hour trader:

Monday 15th June – Friday 19th June 2009

15: +33 pips
16: +40 pips
17: -29 pips
18th: +33 pips
19th: +12 pips

Total:+ 89 pips for the week.

June 09:

+ 50 pips today on the Eur/US$

Day: +50 pips
Week: +60 pips
Month +60 pips

Hi,

21st May 2009:

As I trade purely technical I have been lon gthe GBP/US$ for a few days and was up almsot 400 pips when it violontly reversed and I was stopped out for a fraction over 300 pips. Great trade and shows how fast things can change. Trailnig stops are a must.

Was also stopepd out of the EUr/GBP for +21 pips

Am long the Eur/US$ currently down on that trade.

It's been a tough month. Currently down -1% on the month.