I open a new account the 10-Okt-2007. I will report on a weekly basis the result.
Open balance: € 49 000 ( 10-Okt-2007)
Balance the 14-Okt-2007: € 49 380 (+0,76 % one day trade)
Balance the 21-Okt-2007: € 50 750 (+ 2,77 % this week and +3,56 % overall)
Balance the 27-Okt-2007: € 52 389 (+ 3,22 % this week and +6,90 % overall)
I trade EURGBP with good result since June-07. I use the product that metatraderea(at)gmail.com sent to me. I get a cheap price :D
I do not know if he sell it to everybody.
I open a new account the 10-Okt-2007. I will report on a weekly basis the result.
Open balance: € 49 000 ( 10-Okt-2007)
Balance the 14-Okt-2007: € 49 380 (+0,76 % one day trade)
Balance the 21-Okt-2007: € 50 750 (+ 2,77 % this week and +3,56 % overall)
Here is my G club after lot of stop-losses :D
I'm now back from "holiday" in NY.
I write "holiday" because the stockmartket was not the best for a calm holiday ;)
With stop losses life is better
From Wikipedia:
A stop order (also stop loss order) is an order to buy (or sell) a security once the price of the security climbed above (or dropped below) a specified stop price. When the specified stop price is reached, the stop order is entered as a market order (no limit).
With a stop order, the customer does not have to actively monitor how a stock is performing. However because the order is triggered automatically when the stop price is reached, the stop price could be activated by a short-term fluctuation in a security's price. Once the stop price is reached, the stop order becomes a market order. In a fast-moving market, the price at which the trade is executed may be much different from the stop price. The use of stop orders is much more frequent for stocks, and futures, that trade on an exchange than in the over-the-counter (OTC) market.
A sell stop order is an instruction to sell at the best available price after the price goes below the stop price. A sell stop price is always below the current market price. For example, if an investor holds a stock currently valued at $50 and is worried that the value may drop, he/she can place a sell stop order at $40. If the share price drops to $40, the broker will sell the stock at the next available price. This can limit the investor's losses (if the stop price is at or below the purchase price) or lock in some of the investor's profits.
A buy stop order is typically used to limit a loss (or to protect an existing profit) on a short sale.[3] A buy stop price is always above the current market price. For example, if an investor sells a stock short hoping the stock price goes down in order to give the borrowed shares back at a lower price (Covering), the investor may use a buy stop order to protect himself against losses if the price goes too high.
A stop-limit order combines the features of a stop order and a limit order. Once the stop price is reached, the stop-limit order becomes a limit order to buy (or to sell) at no more (or less) than a specified price.[4]
As with all limit orders, a stop-limit order may not get filled if the security's price never reaches the specified limit price.
A trailing-stop order is an order entered with a stop parameter that creates a moving or trailing activation price, hence the name. This parameter is entered as a percentage change or actual specific amount of rise (or fall) in the security price. Similarly a trailing-stop-limit order could be entered. Few brokerage firms will accept these orders as they must continuously keep track of the stock price and adjust the stop level.
På G club check 10-Jun-2007
The G club
- Telelogic: 14.95 -> 21.5 SEK
- Oriflame: 279 -> 355 SEK
- Tieto Enator: 206 -> 216,5 SEK
- QMED: 106.5 -> Exit
- Munters: 319.5 -> 103,35 SEK (split 1:3 Buy price is : 106.5)
- Trelleborg: 192.5 -> 209,5 SEK
- Consilium: 44,80 -> 53,5 SEK
- Skistart: 116,75 -> 117.75 SEK
- Rederi Transatlantic. 57.25 -> 54.75 SEK
You need to learn from the experts.
You need to be better on:
-Sense of calmness
-Ability to focus on the present reality
-Not caring which way the market breaks or moves
-Always aligning trades in the direction of the market, flowing
with the market
-Not caring about the money
-Always looking to improve your skills
-Profits now accumulating and flowing in as your skills improve
-Keeping an open mind, keeping opinions to a minimum
-Accepting the risk in trading
-No Anger
-Learning from every trade
-Winning and losing trades accepted equally from an emotional
standpoint
-Enjoying the process
-Trading your chosen approach or system and not being
influenced by the market or others
-Not feeling a need to conquer or control the “market”
-Feeling confident and feeling in control of “yourself”
-A sense of not forcing the markets or yourself
-Trading with money you can afford to risk
-No feeling of ever being victimized by the markets
-Taking full responsibility for your trading
One more member in the "på G club". And the name is : Rederi Transatlantic.
Price today : 57.25 SEK.
Nice post about Trading like Leonardo Da Vinci.
Some of the facts are :
1. Read the works of Soros, Jesse Livermore, William O'Neill, Warren Buffett and Nick Darvis.
2. Choose one and copy exactly what they do.
3. See each stage they go through to reach their conclusions and the actions they take and the inferrences they derive from the outcomes.
....
På G club check 18-May-2007
The G club
- Telelogic: 14.95 -> 17 SEK
- Oriflame: 279 -> 350 SEK
- Tieto Enator: 206 -> 216 SEK
- QMED: 106.5 -> 108.5 SEK
- Munters: 319.5 -> 106 SEK (split 1:3 Buy price is : 106.5)
- Trelleborg: 192.5 -> 217 SEK
- Consilium: 44,80 -> 53,75 SEK
- Skistart: 116,75 -> 116.5 SEK
More reasons :
Developing “The Trader’s Mindset” is a must for trading success and this takes time.
There is no short cut or learn a formula trick. You usually develop it by actually trading and the experiences you gain from trading.
Your head can stop you on the road to the "trader's mindset".
Here is why :
Nice book and funny to read ;)
How I Made $2,000,000 In The Stock Market
101 Trends Every Investor Should Know About The Global Economy
Trading for a Living: Psychology, Trading Tactics, Money Management
Japanese Candlestick Charting Techniques, Second Edition
