Monday, 14 June 2010
Over the last 2 days I have managed to make back nearly all the money I lost on saturday. I am really pleased with how it is going, and feel like I am still learning a lot and making progress. I am now also looking for opportunities to back first, to try and avoid the big punter if possible. It also helps with learning to read the market, and if there are twice as many opportunities then hopefully it will mean twice as much profit. I changed my staking last week, I am now using Book Profit staking, which means that I make a set amount, greened up, for every tick. I find this is better than just staking £35 on every trade, as if you lose 3 ticks at 6.6, and then make 4 ticks at 2.2, you are still looking at a loss. I have it set to £0.75 a tick and it seems to be working well. I am continuing to grow in confidence, although I am still a little tentative at times. I need to have more belief in my self, and confidence that I can deal with any situation as it comes up to the best of my abilities.
Posted by neil at 19:47