ForexSpirit

Just want to also share a quotation that was in today’s Early To Rise newsletter:
“There is suffering in life, and there are defeats. No one can avoid them. But it’s better to lose some of the battles in the struggles for your dreams than to be defeated without ever knowing what you’re fighting for.”
- [...]

It’s been two days since the fateful day when I blew up my account.
I’ve spent that time trying to ween myself off the markets. I don’t have charts up permanently and I don’t have to keep monitoring Bloomberg constantly. I still pop up the charts occasionally, out of morbid curiosity more than anything [...]

I am finally all square. What remains of my trading account is not a pretty sight.
The horsehair snapped. The sword fell.
Going into this week the fate of my account was in the hands of the market. This is a really terrible position to be in and not one that I thought I [...]

As a counterbalance to yesterday’s ‘the sky is falling’ tirade I’d like to highlight some of the important lessons that I think I’ve learned from the past few months.
I feel that the most prominent lesson that I have learnt is that I have to trust my gut instinct. When you start trading trusting your [...]

This time last week I had a plan in place in the run up to the Fed interest rate announcement taking place on Tuesday. I was holding my positions in EUR-USD and AUD-USD looking for the US dollar to weaken slightly on Monday and Tuesday morning.
At the back of my mind I was contemplating [...]