Magpie Trader
Saturday, October 08, 2005
WE 07/10/05
+189 (was +91 till last trade on Friday night when Cable came in with a nice fall below the 3 day pivot range, the last cable trade was a 'juicy apple trade' - see below)
Profitable again and that's good, there are still improvements in my trade selections to come though. It's like going to the grocer to buy an apple, you pick up and look at a few apples, discard the bruised ones, the ones with holes in, the ones that aren't red enough for your tastes - then you pick up your choice, give it a rub on your jumper and off you go to put your money on the counter.
If I can keep this in my head next week there can only be an improvement as I'm overtrading and taking the occasional bruised apple.
Profitable again and that's good, there are still improvements in my trade selections to come though. It's like going to the grocer to buy an apple, you pick up and look at a few apples, discard the bruised ones, the ones with holes in, the ones that aren't red enough for your tastes - then you pick up your choice, give it a rub on your jumper and off you go to put your money on the counter.
If I can keep this in my head next week there can only be an improvement as I'm overtrading and taking the occasional bruised apple.
// posted by Magpie @ 12:43 am 
