infinitym4ge
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Ok im new to all of this and half he time i have no idea why i place a bet, usaly bescause of the trend, i fell in to the trap of trying to place bets with real small spreads on volatile chart reading's.
first thing i did was change the Tick by Tick chart view to a day by day view, yes the bet cost more because my stop was further away, but i stood more of a chance of making some money.
i have no idea what this stratagy is called but i quickly realised because i had no time to sit and watch the chats id use stops and limits.
starting with £10 in the bank id open 5 bets after having a quick look at the chart and what i though the trend was doing.
these where my trades.
(a) (b) (c) (d) (e) << all with £2 stop losses, and £10 limits
i quickly found that this was making money for me because if all my trades lost id be down £10 but it got interesting for me because some made money!
leaving the trades over night id wake up to somthing like this.
(a) -£2 (b) -£2 (c) -£2 (d) +£4trade still open. (e) +£10
meaning id made +£18.
to be quite honest im new to all of this i take quick looks at the trend and make bets with crossed fingers. im curently using IGindex for 10p per point trades and i stated with £20, went up to over £60 but now im down to £35 because im trying new stratagys out.
first thing i did was change the Tick by Tick chart view to a day by day view, yes the bet cost more because my stop was further away, but i stood more of a chance of making some money.
i have no idea what this stratagy is called but i quickly realised because i had no time to sit and watch the chats id use stops and limits.
starting with £10 in the bank id open 5 bets after having a quick look at the chart and what i though the trend was doing.
these where my trades.
(a) (b) (c) (d) (e) << all with £2 stop losses, and £10 limits
i quickly found that this was making money for me because if all my trades lost id be down £10 but it got interesting for me because some made money!
leaving the trades over night id wake up to somthing like this.
(a) -£2 (b) -£2 (c) -£2 (d) +£4trade still open. (e) +£10
meaning id made +£18.
to be quite honest im new to all of this i take quick looks at the trend and make bets with crossed fingers. im curently using IGindex for 10p per point trades and i stated with £20, went up to over £60 but now im down to £35 because im trying new stratagys out.
