Today na today...

..anyway. So I'm starting to get the hang of trading on finspreads.com. I've been trading for 3 days and guess what ? I still have money in the kitty ! But only just. It appears I have been behaving like a day-trader - only without any formal training whatsoever.

Out of 13 trades, I've made a profit in only 5. the other eight have been losses.

Anyway, you know the old trading maxim or rule ? Cut your losses, and run your wins ? Well, I either learnt backwards or my psychology just allows me to apply it in that way.

So far I've managed to cut my wins and run my losses. This is leaving me with about 80% of my capital I started trading with.
Still I have a position on Brent Crude Oil which, if the volatile conditions that have occured over the last week continue, should give me some of my money back.

However, now I'm starting to sound as if I'm getting emotionally involved with my position. Perhaps I am. But then again , I never did get to finish that book by Alexander Elder. Now, what was it again ?

Oh yes. Trading for a living.

I think I have yet a lot to learn before becoming the greatest financial market trader ever to come from Africa.