Summary for August 12 trades 11 wins average 4.2pts 1 loss average 14pts Total +32.1pts SnP +15.4 Cheers
Thanks Zodiac I'll just take it easy witht he position sizing. If I have a real edge the money will come, if I don't, I won't find out by blowing all my capital. Anyway 2 Sep Long 1278.6 Closed 1283.1 +4.5pts Total for Sep +4.5pts
I trade usually between NZ 5pm and 11pm local time which is the middle of the US night. I trade using CFD's which track the SnP futures pretty closely. There is usually enough movement AH to get one trade in before I go to bed, SnP moves around with the FTSE once it opens. I basically try to fade any big moves. I'm struggling to find other tradeable instruments for my time zone. Any suggestions appreciated. Cheers
You can trade Hong Kong futures (Hang Seng), Japan (NIKKEI), etc. Trading the US overnight means a thin market and not getting the natural movement of it (US trading hours).
You'd have to be a far better trader than me for to be sucessful in those markets. I've looked at them including Singapore and Korea and Australian indexes and can't work them out at all. Am currently trying to learn oil, gold and silver. I occasionally do a little F/X. Cheers
Since you dont post any actual pics of your trades from your platform Im going to assume that you aren't trading real money, you are on a simulator.
Thanks for the reply I am trading real money but am doing the journal mainly for my own benefit, so feel free to make your own assumptions. Cheers