Wow! I've made £1730 this week simply trading support & resistance on USD/JPY.
I determine my entry point and absolutely will not open the trade until my alert beeps (IG index set up on my phone).
It's about discipline, patience and ultimately belief in my ability to succeed in this challenging arena.
I've withdrawn the money so I'm £2480 to the good this month for pressing a few buttons on my computer. I'm taking a week off from trading to enjoy the feeling.
Nice to report good news, I'll check in again soon.
Follow my journey (and amuse yourself at my expense) as I attempt to take money from the markets daily. I'm 50, a father of three boys, I live in London and I work for myself. I started trading the FTSE at the end of May 2012. My goal is to earn £500 a day scalping 10 points at £50/point inside 4 hours trading from my kitchen.
Thursday, 26 September 2013
Tuesday, 10 September 2013
£750 Profit! I will make money trading
During August and the 1st week in September I put in £2500.
Last week I withdrew £3250.
That means over the course of a month or so I made £750 PROFIT!
I have never held onto such a sum for so long never mind turn a profit. I feel very different to the naïve desperate 'gambler' I see when I look back at my first years trading.
I'm determined and although I lost a huge sum of money I feel to simply abandon my efforts would be a foolish waste of time and money. My investment in both I feel has resulted in me learning so much, being so much wiser.
I'm currently not trading as I've decided to enjoy having the spread betting firm's money in my account instead of them having mine. I will deposit a little more in the next couple of weeks or so. That's one huge lesson; I had to constantly be in the markets or I felt I may be losing out on a move I'd waited so long for. Now it's simply a case of observing and when there's a strong move one way I may decide to enter.
How uplifitng to be able to post a positive update. Most definitely more to follow.
Last week I withdrew £3250.
That means over the course of a month or so I made £750 PROFIT!
I have never held onto such a sum for so long never mind turn a profit. I feel very different to the naïve desperate 'gambler' I see when I look back at my first years trading.
I'm determined and although I lost a huge sum of money I feel to simply abandon my efforts would be a foolish waste of time and money. My investment in both I feel has resulted in me learning so much, being so much wiser.
I'm currently not trading as I've decided to enjoy having the spread betting firm's money in my account instead of them having mine. I will deposit a little more in the next couple of weeks or so. That's one huge lesson; I had to constantly be in the markets or I felt I may be losing out on a move I'd waited so long for. Now it's simply a case of observing and when there's a strong move one way I may decide to enter.
How uplifitng to be able to post a positive update. Most definitely more to follow.
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