From Newbie to Veteran: Journey of a Trader

I have been trading currencies for a few years now with some success and some failures. I have spent countless hours and large sums of money trying to educate myself in order to gain an edge. This blog is about the journey from a beginner to a pro trader. I will occasionally post unrelated articles i find interesting or worth the read.


We’ve all had crappy trading days and weeks. Here is a nice article on how to get back on track.

http://j.mp/ughtrading

Frustration (was: threesixtyfive | day 244)

Drive-thru at taco bell at midnight  (Taken with instagram)

Drive-thru at taco bell at midnight (Taken with instagram)

Taking a break of trading for the summer.
Liquidity has dried up for the summer. Erratic movements in the currencies are present. That is a sign for me that the party is over. The rational traders are taking a break, so should I. 
I will take the time to analyse the first half of the year and see how when september comes I can make my trading better.

Taking a break of trading for the summer.

Liquidity has dried up for the summer. Erratic movements in the currencies are present. That is a sign for me that the party is over. The rational traders are taking a break, so should I. 

I will take the time to analyse the first half of the year and see how when september comes I can make my trading better.

zombieprom:

laughingsquid:

Do Epic Shit

my new campaign slogan for life.
that’s right, i’m trying to get reelected to be me.

zombieprom:

laughingsquid:

Do Epic Shit

my new campaign slogan for life.

that’s right, i’m trying to get reelected to be me.

neverbabylon:

Game of Thrones Violin Cover (by JasonYangViolin)

It doesn’t get more geeky than this, but that’s why I love it. I’m gonna listen to this approximately 15 times today. Incredible.

neverbabylon:

I can’t say enough great things about this speech. 

(Source: neverbabylon)

This is a cool little article that what kind of training and certifications are used in the FOREX trading market.

Is it too late to get long the Swiss Franc?

Gold is climbing again towards its high after a big sell off over the past couple of weeks. 

The dollar has seen a sell-off against the Euro since memorial day. 

The Swiss Franc is getting stronger against all the major currencies. The fundamental of the Swiss economy are in alignment with the technical chart of the swissy.

The question is now which pair is better suited to take advantage of the strength of the currency. 

GBP/CHF has seen a great drop but I would wait for a pull back to go short

EUR/CHF looks interesting at this level

USD/CHF shows a similar chart but the risk seems lower.

faithmight:

I have to be brutally honest. My trading account has suffered this first half of the year. It’s been ugly and it has taken quite a toll on my confidence. Why should losses affect my psyche when it’s a part of the business. Because I’m human! Because I had a stellar 2010 in my trading. The past 6…

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