There’s no better advert for success than enthusiasm!
Yesterday, I mentioned that the facts of Tuesday (today’s) Trading would be brief and to the point. So here they are as follows…
Started Trading at 10.30am after my doctor’s appointment.
Contacted my trading Manager and asked for his input for the day.
He gave me a trade: Gold against the US Dollar XAU/USD
Buy or Sell?: BUY.
Size?: 1.0 (I decided this)
What about a bit of Planning!
Contacted my friend and buddy in Trading to get motivated together.
He told me via Skype that he had already started and was way ahead of me.
Off I went with my belief that the Trade was going to gain.
After a few minutes, I WAS STARTING TO DOUBT AND THOUGHT THIS MIGHT BE A LONG DAY, WAITING FOR THE GOLD TO RISE UP AS PREDICTED BY MY MANAGER.
Around 11.30 am I was convinced this was a dumb trade.
This is when I talked to my friend Malcolm and decided to go with a different trade… DAX sept 18. This was due to rise up according to him.
I left the GOLD TRADE bubbling away while I made a play for the DAX, this was much more exciting with its heaving energy pushing the money upwards.
Shortly, I was convinced the DAX would save the day so I decided to set my goal for the day and my point of exit from the DAX.
The figures I chose were £300 for the day and £203 for my first point of exit. Then I killed the trade dead!
I stuffed £203 into my tucker-bag and checked that the account history had recorded it. A good feeling came over me.
Next, I had to settle my nerves before buying into the DAX again while it was still climbing. Then ‘BANG’, I hit the Trade for the second round of action.
By 1.30pm I had pull out of the Trade and made a further £149.
That meant I was about done for the day’s target… I might just be tempted to look at something else while GOLD was falling like a stone! Oh, dear, this could have messed-up my figures so I waited for an opportunity to spot a possible spike in the opposite direction. My plan was to cut my loss with the XAU/USD. That meant deciding to pull the plug at about -£50 if I could find a spike so convenient.
Take ACTION Harry!
It happened at around 2pm and I jumped for joy at extricating myself from the flames of the fiery dragon of the day. That also reminded me that I had not eaten any lunch.
So, after a further bit of tidying up, I would like to inform you that the day became relaxed when I accepted the day’s earnings of £334.
Not my best and most comfortable day but it was good enough to confirm that Trading can work for anyone if they put in a bit of effort and start off with a bundle of enthusiasm in the back pocket!
You might also have to sacrifice a meal or two in order to share the thrills of Day-Trading.
Interested?
If you would like to do something similar to what my pal Malcolm and I are doing, indeed if you would like to join in along with us and create a good income every day from Trading, please let me know by dropping your name and email in the box at the top of the page.
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