Who pulled the plug?

Well I was moving along nicely with a 5% gain on the day and BANG! the electricity goes off. It turns out the there was a system error with the electricity company here and it caused a block on supplying electricity to the whole building for two hours. When I was finally able to get back online and get everything fully loaded, lo and behold I’d missed two winning TUFXP trades for 50 pips! DOH! Still, a winning day is a winning day and learning to take the rough with the smooth is all part of becoming a better trader. 

Tomorrow sees the BoE rate and QE program which usually brings plenty of excitement to the market and as always I’ll be looking to take advantage of some decent moves. The Dubai Financial Market (DFM) continues to free fall and has now fallen over  25% since Dubai World announced their request to delay debt repayments. Bad times for many investors who are claiming to of lost all of their life savings. My estimation of 1,800 has been easily passed.

On a more positive note, I’m feeling happier with how things are progressing and I’m very much looking forward to the New Year and a fresh start. It’s been a massive rollarcoaster journey the last few months and I’ve been tested to the absolute maximum within inches of crumbling but with support of trading friends and the ability to write down my thoughts has helped enormously. If you’re ever struggling with trading or anything, I thoroughly recommend starting a blog. 

Friday should be a great day as I’m doing another 24 hr karting event and it’ll be nice to clear my head and pound the tarmac!

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    • Austin
    • December 9th, 2009

    John, keep up your positive attitude – very refreshing
    As you said, shame you missed the 2 GG trades, but then again, at least you won on your other trades

    Happy pipping and enjoy pretending you’re Jenson Button (or is it Lewis Hamilton?)

    Austin

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