http://www.forex-daytrading.info Daytrading with Forex Point and Figure Charts Fri, 02 Oct 2009 08:21:29 +0000 http://backend.userland.com/rss092 en This hurts. This realy hurts... Well, the first month on my new trading account is over. I have tested new instruments that I can trade on, mainly CFDs on the German Bund future (German Bonds), the DAX index future and E-Mini S&P 500. It's something totaly different trading on a "real" ... http://www.forex-daytrading.info/trading-record/review-092009/ No, this blog is not dead, yet :-) Well, where shall I start to explain why I didn't make any updates for nearly 2 months? Again, you guess, I have been very busy with different things. I got involved into a new online-project which costs me a lot of time. And ... http://www.forex-daytrading.info/trading-challenge/review-0709-and-0809-plus-major-updates/ The last month increased my trading account by $65, which equals more than 31%. The current balance of my $100 to $100,000 challenge is $270. Still a lot ahead, but the first milestone has been reached, which was $250. After 5 months of trading, the account has grown by 170%. That's ... http://www.forex-daytrading.info/trading-record/review-062009/ The last month ended with a plus of $25, which equals 13.89%. So my current account balance is $205 now. That's a 105% profit in less than 5 months. I could enhace the Point & Figure indicator during the last month, too. At the moment I am implementing a real time ... http://www.forex-daytrading.info/trading-record/review-052009/ In my last post, K.I.S.S - Keep It Simple Stupid, I have mentioned that it's of utmost importance, to be disciplined in your trading. There are a few general rules, that every trader should know and should follow, like "cut your losses and let your profits run" and to always ... http://www.forex-daytrading.info/trading-system/trading-rules-and-trading-wisdoms/ When developing a trading system, people often tend to make it more complicated than it needs to be. And to my regret, I haven't been any better in former days. How come that? After a couple of weeks, after I started trading, I began reading books and websites about technical analysis. ... http://www.forex-daytrading.info/trading-system/kiss-keep-it-simple-stupid/ Though this month has not yet finished, I am writing my review today, because I won't trade for the next two days. The loss of the last month has been fully recovered and has ended with a total profit of 32%. So my current trading balance is $180 now - that's ... http://www.forex-daytrading.info/trading-record/review-042009/ This month has been the first month, that I've lost more money than I have earned. A total los of 18% reduces my current trading balance by $30. So my current balance is $136. I know the mistakes I made. The main reasons for the losses were: Lack of discipline Lack of concentration Testing This ... http://www.forex-daytrading.info/trading-record/review-032009/ I have been very busy the last month with other things than trading. That's why I didn't trade so much the last weeks, still the monthly return has been 7% and my current balance is updated to $166 now. The january has been a much better month, but at least ... http://www.forex-daytrading.info/trading-record/review-february-2009/ In my last article on forex news trading, I mentioned the importance of keeping an eye on economic news and events. This time, I want to focus more on trading hours and days - when it's good to trade and when you should better stay away from the market. As a daytrader, ... http://www.forex-daytrading.info/trading-system/best-trading-times/