Sunday, May 07, 2006
The First Real Win
Alhamdulillah, after around 4 and a half hours, I exited the trade with a profit of USD27. I was playing with my stop loss settings, and I had set it up a bit too close to the current price, and there was a spike down which stopped my trade.
Nevertheless, I am grateful. The gain was not big, but it was sufficient to build my confidence up. I've increased my equity by 5.4%, and I'd feel more comfortable to throw in a few more trades.
Most importantly, I know that there's more where that came from. My goal this month is to double my capital, so I have another USD473 make. I'll wait for the price to go down a bit more before entering the trade again for another ride up.
It has been fun.
Nevertheless, I am grateful. The gain was not big, but it was sufficient to build my confidence up. I've increased my equity by 5.4%, and I'd feel more comfortable to throw in a few more trades.
Most importantly, I know that there's more where that came from. My goal this month is to double my capital, so I have another USD473 make. I'll wait for the price to go down a bit more before entering the trade again for another ride up.
It has been fun.
# posted by Camus @ 11:17 PM 