|
Tuesday, February 27, 2007 |
|
February is beating me down hard and I'm looking forward to March. I lost on two h-system trades today and one yesterday. The British pound has been very indecisive over the last two weeks but I'm staying on my toes because I'm expecting a big fat breakout sometime soon.
I have to admit that I'm putting off the updating of my trade history because I know that my trading efforts from September 2006 until last month will be essentially wiped. To put it another way, my profits over the last five months probably won't survive the beating I'm taking this month. Was this all for nothing? I'd have to say definitely not. I've obviously still got a long ways to go and this month can be a great learning experience.
Stay tuned later for a post where I'm going to give you reasons why I've always been concerned with the h-system money management rules.
I actually had the best Lien Schlossberg trade last night when I shorted the CAD/JPY. I profited 77 pips on a 1 lot trade. Unfortunately, we were also short the USD/JPY but they recommended an exit with a 10 pip profit last night. Since then, the USD/JPY plunged a unusual 200 pips.
I still enjoy the challenge the Forex markets have given me so I'll accept my losses and move on. I'm not this challenged at my full-time job so I welcome it with open arms.
Boris Schlossberg
Forex Trading
february 2007
forex blog
h-system
kathy lien
Now I can feel much more optimism from you. It si good becouse I believe that war is won before it is actually begin. Any idea which is the best forex ebook to use in getting started. Not least because I want to prompote some good products, as well as bring my paper trading days to an end! Eddie, sorry, I do not know of any ebooks except maybe the Vanessa system. Send me an email at rparedes@gmail so we can talk more. |
