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Sidelined waiting for the market to fall
I’m not used to waiting. I’m not a patient trader. That’s probably why I’m a losing trader. But recently I have been waiting…. and waiting for the market to fall and fall big time. When it comes to market timing it seems...
Shorting VW leads to suicide
Just shows that no matter how rich you are things can always seem like they can’t get any worse. German billionaire Adolf Merckle committed suicide after losing €400 million when a short on VW went against him. This wasn’t his onl...
Volatility gives me a headache
Have been doing OK until today when I ended with a loss of 54 points. It was the volatility what did it guv. All trades were short but entries were too early and the stops too tight. At least I avoided running after the moves so loss on the day but a...
Still sticking to the rules - just
Nice to have a profiatble start to the week and that only happened because I stuck to the “rules”. Problem is I’m really not sure what the rules are. Placed a total of 3 trades today, all short and all profitable. The first, 30 minu...
Walked away in front
At last I got a day right. In the morning it looked like the ftse and S&P futures were up near resistance so I went short with a tight stop. Of course I got fried again as the stop was too tight (as usual, I wonder whose moving the levers). When ...
Out of the trading hole at last
Took a profit from the surge up but don't think it was down to trading skill or strategy...

