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fryzie
10th-April-2006, 05:48 PM
Was a shocker and lost a lot :( lol
oh well.. i better do some more learning
crackaton
10th-April-2006, 06:10 PM
Was a shocker and lost a lot :( lol
oh well.. i better do some more learning
Why would you trade on a monday?
fryzie
10th-April-2006, 06:13 PM
Why would you trade on a monday?
whattttt damn. ive never read anywhere that you shouldnt trade on a monday
what i read was not to trade in the first couple of hours and its always better to trade later on into the day
bvbfan
10th-April-2006, 10:31 PM
Are you day trading?

I guess its best to learn from mistakes.

I started FX on friday and made a few errors. The entries were terrible and the one trade I had set up for all day went perfect, only problem I wasn't home for the entry!
mlennox
10th-April-2006, 11:55 PM
theres nothing wrong with trading on a monday... today was a very sideways nothing type day i was down a bit in the morning but by close all my positions had me up....

look to put some money into the banks when they start to lift sometime this week take part positions then fill the position when your comfortable the stock is headed north

people shifting there money from resources to financials as we speak, reporting on the way

my :2twocents

what did u lose ur money on mate?
happytrader
11th-April-2006, 10:26 AM
Hi Fryzie

Sorry about yesterday. Just a hint from a fellow trader. Check out the hourly charts on your stocks to see when the big boys usually make their moves. You will find that the highest probability of getting the direction correct for the next day is late in the arvo 5th hour. Learn to read those weekly charts too and learn to do your best work. Its actually a foregone conclusion of mine, that most people don't do their best work so that creates plenty of opportunity for those that do. Good trading to you.

Cheers
Happytrader
michael_selway
11th-April-2006, 10:48 AM
Was a shocker and lost a lot :( lol
oh well.. i better do some more learning

Hm how much did u lose?

thx

MS
dennisll
18th-April-2006, 01:32 PM
Hi fryzie,

Just keep at it mate. The best teacher is experience and the more trades you have under your belt the better trader you will become.

Good Luck!

Dennis
fryzie
18th-April-2006, 08:20 PM
hi yeh i guess u just gotta give it some time

2300 CTO @ .220, now .320
75000 FDL @ .028, now .037
2000 KAL @ .260, now .230
3500 WCP @ .165, now .155

thanks to the top two im doing alright now (especially FDL)

on Thursday (last week) i was down about $150, and now after today im up $810