First success... and the moral of the story.
Posted 01-04-2010 at 11:59 PM by SantiSantana
As predicted yesterday, the early upward movement happened in both the FTSE and the Dow Jones and I turned a profit from both.
At first I thought I would tell you about how I actually did it wrong, how I could have made more money and the lessons learned during the trades but, the fact of the matter is I set one of them up and went for my morning exercise to return two hundred and three pounds richer an hour later ( not a bad hourly wage) and I setup my second trade ( for the Dow Jones) and went straight to bed, only to wake up a hundred pounds richer on a minimum stake bet (I did all this with financial spread betting), so all things considered, for the effort I put in I probably got more than I deserved.
Sure, had I studied the markets a bit further, readied myself with some practice ( hadnīt used the platform in a while and made a mistake that made me earn a hundred pounds less in the first transaction and four hundred less than was planned on the second) and made sure I was fully alert for both events I would have had a bigger smile than I do now.
It doesnīt change the fact that my original intent was to test predictable outcomes in non standard situations and I fully succeeded on that account. My target of finding more situations like that in markets, businesses or wherever they may appear has gained in strength. I know by finding them I can help other people. Thatīs more than good enough for me.
Supplemental
Cigarettes smoked since last post: 2
Current temperature: 15šC (thatīs a frost bite over here)
Mood:Tired. Too much sleep. A jogging session on the beach should lift me up a bit.
Weight: 96.2 Kg ( I really need to start following a procedure for this measurement, it cannot possibly be accurate as it is now).
PS: Pardon any spelling and grammar mistakes you may see. English not my first language and I write very very late by most peoplesīstandards.
At first I thought I would tell you about how I actually did it wrong, how I could have made more money and the lessons learned during the trades but, the fact of the matter is I set one of them up and went for my morning exercise to return two hundred and three pounds richer an hour later ( not a bad hourly wage) and I setup my second trade ( for the Dow Jones) and went straight to bed, only to wake up a hundred pounds richer on a minimum stake bet (I did all this with financial spread betting), so all things considered, for the effort I put in I probably got more than I deserved.
Sure, had I studied the markets a bit further, readied myself with some practice ( hadnīt used the platform in a while and made a mistake that made me earn a hundred pounds less in the first transaction and four hundred less than was planned on the second) and made sure I was fully alert for both events I would have had a bigger smile than I do now.
It doesnīt change the fact that my original intent was to test predictable outcomes in non standard situations and I fully succeeded on that account. My target of finding more situations like that in markets, businesses or wherever they may appear has gained in strength. I know by finding them I can help other people. Thatīs more than good enough for me.
Supplemental
Cigarettes smoked since last post: 2
Current temperature: 15šC (thatīs a frost bite over here)
Mood:Tired. Too much sleep. A jogging session on the beach should lift me up a bit.
Weight: 96.2 Kg ( I really need to start following a procedure for this measurement, it cannot possibly be accurate as it is now).
PS: Pardon any spelling and grammar mistakes you may see. English not my first language and I write very very late by most peoplesīstandards.
Total Comments 0
