Monday, October 5, 2009

Catch Up

I wasn't able to do my postings last week, so I'll catch you up. After talking to Josh (who is one of the two people mentoring me through this), he told me I should start two things. One is to start trading on the Infinity AT Sim trader, which is just antoher interface to execute trades. The other was to look at trading a different market, just to see the differences. So I begun doing both of those things. I'm trading in the Future Currency market (Euro/USD) at the recommendation of Josh.

So far it's been ok, although it does seem that the trading platform that I'll be using when I go life is more difficult, more lag. I am also finding that it is not good to trade when there are large discrepencies in the 1 minute and 5 minuted charts.

Today was actually my first loosing day, which not fun, taught me to take my losses early and trade another day. I lost $67.50. I was up $150 at one point, and followed the same system, but it just went against me today.

Initial Payment: $525

Acc Monthly Payment: $250
Total Income: $0

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