Archive for month: November, 2006

Election mania

8 November, 2006 (08:11) | Journal | By: Colin McGinley

The US mid-term elections have been the primary focus of the markets all this week so far.
The Democrats have already won the House of Representatives, but the Senate is still too close to call (although the Democrats have won four new seats there, and it is only down to the wire in the final [...]

Focus on the setups

4 November, 2006 (20:02) | Psychology, Trading Plan | By: Colin McGinley

There is a rather lengthy article that was recently added over at the Forex Factory, and it’s not even primarily a forex article. The article was written by John Carter and is concerned with introducing the reader to the futures markets. I found it worth the read, picking up some useful tidbits of [...]

Boost your mental stamina

3 November, 2006 (08:00) | Journal, Psychology | By: Colin McGinley

I came across an interesting article in one of my wife’s magazines. It’s from the April 2006 edition of She, and the article is titled ‘Boost your stamina’. It looks at ways to boost your physical endurance, as it has the additional benefits of helping you heal faster, sharpening your mental focus and [...]

Hedging revisited

1 November, 2006 (13:24) | Trading Plan | By: Colin McGinley

Up until now I have attempted to steer myself away from incorporating too much hedging into my day to day trading. My trading plan restricts any usage of hedging to dealing with break-outs of the grid to the downside, whereby I use hedging to cover any open positions, as long as my view remains [...]

October review

1 November, 2006 (09:16) | Journal | By: Colin McGinley

October was a pretty difficult month of trading, given the resurgence in dollar strength for such an extended period of time. I closed two of my nine trades for the month for a loss. Since these two trades were opened in high Q3/low Q4 and closed out in Q1 they were large losses, [...]