e diel, 25 shkurt 2007

Big CFD Investment Stock swings

On Thursday night I was feeling great about CFD stock trading. I was in the green and even though some of my trades were making losses the majority were making a small profit, with a few making profits of nearly 20% on my margin. By tonight the market had swung completely the other way, all my small profits now small losses, and my bigger profits down by about 40%. As I have very small positions and no stop losses on theses trades, I am still in all my positions. I have planned to sell out of all the marginal positions as soon as they break even, and wait for the market to recover again.

I stick to my strategy of small positions over a large number of stocks. Time will tell if my assumptions are correct. Next week I will sit down with an experienced trader and pick his brains, running through my trades and checking whether I bought at correct levels and set take profits at correct levels. Remember, all boats rise with a arising tide. I am going to rise irrespective of the tide - through learning, practice and good advice from experienced traders.

It' s all good fun!

This weekend is Carnival at Jess's school. I really am looking forward to the sand art, face painting and pony rides with Jess and Jake, a great opportunity to "BANK IT!!", building memories and living the dream.

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e enjte, 22 shkurt 2007

Keeping the Faith

Another cold, windy day on the east coast, so cold my feet got an ice cream headache on the beach. But it was quiet, no people, and I had it all to myself, crashing surf against a back drop of grey clouds, pregnant with rain. "BANK IT!"

Yesterday wasn't the best day in the market for me. I bought the CFD's recommended and at close of business was down in my overall standings. I still have all my positions and I will stick to the CFD golden rules. Lets see what today brings... I know and expect the learning stage to take time, laying the foundation and building my knowledge base. How long you ask? That I don't know, but even if it takes a year (which I doubt), in my five year trading plan it's nothing. I expect exponential growth when I can place multiple CFD buys, confidently and maneuver in the market, following the big institutions buying patterns. I must remember it's about "BUYING TIME". Small good habits developed now = astounding results in the future.
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BLOG about "BUYING TIME" and making sure you "BANK IT!!"

My life has been an adventure with many milestones, with many directions and ambitions, but the one underlying theme been "BUYING TIME". I believe time is a commodity which can be bought like any other commodity, and can be stored up and used at will later in life.

I am a businessman, an entrepreneur, and hope my journals will give you hope, that's it is possible to live your dreams.

In this site you'll discover two terms I use frequently, "BUYING TIME" and "BANK IT!!", a term I share with my life long friend, photo journalist Roger Horrocks.

I know that these two sayings will enrich your life and define it as a life with purpose, if you grasp them with both hands and embrace their concept.