made 100 points off a short at 43 and exited at 42. stop loss of 100. demo account only. will trade live in the new year with a modestly funded account and hopefully emulate spanish, blackjack, porph and others. i need to start making enough money jan onwards to sustain self and family (some work related issues..) so lets see how things go. so far i have taken 4 trades since i came across spanish's journal and out of these, i have made £83 on a demo acount. one trade was a loss. usual exit is 50 points, but i am moving towards 100 point stop and 100 point tp.
I just woke up. Little surprised that 42.60 wouldn't hole up as support. I guess the selling the is much stronger than I thought. Still watching for for long entries. Where is spanish?
will probably wait for 4150. lemeee, do you also belong to the youth club epitomised by spanish and blackjack and porph (i think) ...
lol, naw i am little older than they are I am going to keep this one tight with 42.28 for exit and 41.28 as stop