January +139 points £440
February +244 points £500
I've finished trading for the month. I have a profit and I'm keeping it. I expect the index to rise for the early part of the week before fading towards the latter part but I'm not trading again until March.
Good luck with your trading.
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.
Monday, 23 February 2015
Friday, 20 February 2015
Switched off and lost: -£240
i got a very good lesson into the close last night.
I made the mistake of pulling £500 profit from my trading account, drawing a line in the sand for the month by saying that's the minimum I will make.
By doing so I relaxed and lost my focus. I took a short on dow for £2 point from 17996 and went for something to eat. I margined out 120 points later and lost £240.
I've still had a good month but have been reminded of how important focus is.
(Total points for the month 244).
I made the mistake of pulling £500 profit from my trading account, drawing a line in the sand for the month by saying that's the minimum I will make.
By doing so I relaxed and lost my focus. I took a short on dow for £2 point from 17996 and went for something to eat. I margined out 120 points later and lost £240.
I've still had a good month but have been reminded of how important focus is.
(Total points for the month 244).
Today's Trades + £82
Three trades today:
SHORT FTSE £2 from 6912 for 4 points
SHORT DAX £2 from 11042 for 12 points
LONG DOW £2 from 17898 for 25 points
(Total points this month 364)
SHORT FTSE £2 from 6912 for 4 points
SHORT DAX £2 from 11042 for 12 points
LONG DOW £2 from 17898 for 25 points
(Total points this month 364)
Thursday, 19 February 2015
Today's trades + £107
6 shorts today, split between DAX and Dow all £2 point for 53 points.
(Total points so far this month 324)
(Total points so far this month 324)
Tuesday, 17 February 2015
Today a Loss - £20
SHORT £2 DOW from 18018 for a 10 point loss :(
I didn't fancy holding and hoping so closed for a loss of 10 points.
(Total points this month 271)
I didn't fancy holding and hoping so closed for a loss of 10 points.
(Total points this month 271)
Friday, 13 February 2015
Today's Trade + £83
One trade today:
SHORT DOW £2 from 18022 for 42 points.
(Total points this month 281).
SHORT DOW £2 from 18022 for 42 points.
(Total points this month 281).
Thursday, 12 February 2015
Today's Trades + £94
SHORT DAX £2 from 10932 for 8 points
SHORT DAX £2 from 10946 for 2 points (cut short as didn't like the way trade was acting).
SHORT DAX £2 from 10941 for 30 points
SHORT DOW £2 From 17952 for 7 points
(Total points this month 219).
SHORT DAX £2 from 10946 for 2 points (cut short as didn't like the way trade was acting).
SHORT DAX £2 from 10941 for 30 points
SHORT DOW £2 From 17952 for 7 points
(Total points this month 219).
Wednesday, 11 February 2015
Today's Trades + £98
Afternoon,
Two small scalps at the open on DOW;
SHORT DOW £2 point from 17824 for 3 points.
SHORT DOW £2 point from 17822 for 12 points.
After hours SHORT DOW £2 point from 17957 for 34 points
That's 172 points this month added to last month's 139 points.
Two small scalps at the open on DOW;
SHORT DOW £2 point from 17824 for 3 points.
SHORT DOW £2 point from 17822 for 12 points.
After hours SHORT DOW £2 point from 17957 for 34 points
That's 172 points this month added to last month's 139 points.
Tuesday, 10 February 2015
Today's Trades + £59
A number of small scalps today, longest 5 minutes, here's the net result:
SHORT DAX @ £2 point for 29 points.
SHORT DAX @ £2 point for 29 points.
Friday, 6 February 2015
Thursday, 5 February 2015
Today's Trades + £77
Afternoon,
Just a very quick entry:
SHORT @ £2 point on DOW @ 17787 for 14 points.
SHORT @ £2 point on DOW @ 17846 for 11 points
SHORT @ £2 point on DOW @ 17852 for 13 points
Just a very quick entry:
SHORT @ £2 point on DOW @ 17787 for 14 points.
SHORT @ £2 point on DOW @ 17846 for 11 points
SHORT @ £2 point on DOW @ 17852 for 13 points
Tuesday, 3 February 2015
Today's Trade + £80
Good Afternoon,
I've made a trade today so see no reason why I shouldn't pop it on the blog.
FTSE short for 30 minutes @ £5 a point from 6857 for 14 points = £80
I saw a near 100 point rise and took the fade. That's £80 more than I had this morning and 14 points to the good this month already, a lovely relaxed trade with absolutely no pressure as I'm trading a relatively small stake and not looking for too many points in one go.
I'll post after my next trade although I do fancy FTSE to fade further I'm comfortable having no exposure.
I've made a trade today so see no reason why I shouldn't pop it on the blog.
FTSE short for 30 minutes @ £5 a point from 6857 for 14 points = £80
I saw a near 100 point rise and took the fade. That's £80 more than I had this morning and 14 points to the good this month already, a lovely relaxed trade with absolutely no pressure as I'm trading a relatively small stake and not looking for too many points in one go.
I'll post after my next trade although I do fancy FTSE to fade further I'm comfortable having no exposure.
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