Goodies Giveaway
I have a few trading related items that I would like to give away this month.
I have a copy of Rob Booker’s Adventures of a Currency Trader book, as well as two copies of Rob’s ‘Don’t be a stunt monkey’ CD.
If you would like to have the chance to win one of these items then all you need to do is post a comment on this blog.
You can post a comment to any article, whether it is recent or not.
The more interesting, useful or thought provoking your comment the more likely it is that you’ll win one or more of the prizes.
To be able to post a comment on this blog you must first register. Also, please note that your first comment after registering will be moderated as a spam prevention measure.
Only comments posting during March 2008 will be counted.
Your comment can be anything trading related. Provide feedback on any post I’ve put up. Tell me how I could make this blog more useful or helpful. Let me know how your own trading is going. Point out some useful resources that have helped you with your trading and why they work for you.
Let me know what’s on your mind!
Related Posts:
- Blogroll update
- Testing the waters
- Grid trading the BWILC way
- Speak your mind
- ForexSpirit has a new home
Comments
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Comment from Snake86
Time 3 March, 2008 at 7:09 pm
Hi Colin,
First of all - though I have congratulated you in private many times, I would like to make it public. I must say this blog has been very insightful in teaching me to get back down to earth. Thank you for such a nice blog!
Hopefully from my username and e-mail address you will know who I am; just for reaons of anonymity am not using the account I private message you with.
As you remember, I sent you my spreadsheet, I blew my demo account due to overleveraging. I thought I had learnt my lesson and had started to do well with my second demo account which was in good profit (~5 to 10%) without too much leverage. But ofcourse, your advise about just ONE currency at a time fell on DEAF EARS!
So as you can see - with the recent JPY crosses being all over the map, I experienced the wrath of leveraging and ignoring sound advise from people who trade live accounts. I have now made it my goal that when my third demo account starts (30-day trial almost over) I will definitely not make that mistake - once bit twice shy etc.
Also, for the interest of other readers, I think one of the key points I want to get across is:
* Stick with only a manageable set of information sources, for news, economic indicators, etc. Preferably go
directly to the source when possible (like CFTC) so that one cuts out other people’s biased opinions, especially
those provided by broker/dealer run websites - don’t want to mention names here.
The above point will help you distill information correctly without being too distracted and confused. Of course, how reliable some news/information source is comes by experience and application.
I took your recommendation of The Economist to heart and subscribed to it back in September; I enjoy reading that magazine and it is very insightful in terms of the goings-on in the world.
Once again - thanks and you will definitley be hearing from me time to time (as you have noticed by the PMs); please accept my apologies and let me know when it gets excessive!
To other readers of this blog - if you guys/gals are trading live or even demo accounts please heed what is being said in Colin’s blogs and other information sources he has pinned up, because no matter how good a technical-only system you find, it will come to its knees. The sooner that happens the better - we don’t want people to suffer at the height of (albeit short-lived) success like LTCM (Long-Term Capital Management).
Any investment/trading should be about: Sustainability, Patience, Perseverance and Compounding Gains over time. I know I am repeating the same old adages but believe me, they matter the MOST. Try not to loose your shirt because you are in this for the long haul !
Cheerio,
Snake
PS. Though I wish I could win the book and materials; even if I don’t get selected, I have been meaning to articulate the above and post to your blog for quite a while. I am more the kind who likes private messaging.