Well, I feel this is long overdue. I want to talk about the trading week update, but more importantly I want to explain some things that every trader needs to know if they are doing it as their primary income. It's tough and you have to treat your activities as if you are a business so here is how I am doing it.
Sep 9, 2014
What is going on. My Monday was just too busy to get any writing done, but things have heated up even more today. I am doing my best to get this trading update out today and begin the updates for this week's entire trading status. Again, I believe this is huge because the things discussed are ways any one individual can put their own skills to the test and try to make a living for themselves. Yes, it does take money to start, but if you hone your skills, you have the power to make as much money as you want. People do it every single day.
Sep 2, 2014
Well we are starting another week in the forex pits. It's a short week with labor day closing down the volatility on Monday so we are starting on a Tuesday. That means just like a regular business holiday we have trading holidays where no money is made. The difference for you as a trader is now instead of getting a day off of work, you are a business and you get a day of potential profit loss. Now you know how your business owner feels :)
Aug 25, 2014
What is going on. Well after a tough week last week it was time to get some positive momentum. That is exactly what we did today. With a room record of 6-4 and most doing much better than this, we have had a successful day on bins. This was essential to get the momentum changed back to positive. The previous Sunday night trading session went for 2W and 1L so everybody that has been trading with us is up for the week and feeling good.
Aug 21, 2014
Well welcome to the weekly trading update. This is mainly on binary options for now, but soon there may be some options spread trading results / strategies to discuss. The main takeaway of the week so far is going to primarily involve tips and tricks on how to deal with losses in this kind of derivative trading so you can mitigate draw down risks and maximize profits.