August 14, 2019

Hi!  First entry in my trading journal.  I have NOT YET entered any kind of trade, DEMO or LIVE, but the PLAN is start today!  Or tomorrow!  So exciting!

HOWEVER, I have been informally "guessing" as to trades I WOULD make, and using correlation, have been successful.  FOR EXAMPLE, I checked the dolla index today like this:

WHAAAA???  Is that a BREAKOUT??  Seems pretty trendy to me.  Early in the day, it had started to climb, so being the Euro-is-the-anti-dollar-fan-boy that I am, I (pretended to) set up a (imaginary) trade, SHORTING (selling) EUR/USD.  And?

Hoo, weeeeee! Would you look at that.   Down, down, down.  The DOW tanked today, talks of recession blah blah, but the old Greenback is definitely acting like a safe haven right now.  Bottom line?  We made CASH today.  CASH!  UH, pretend cash, like monopoly money, only even more imaginary.  Like points on Whose Line Is It Anyway.  There ya go.

Tomorrow, the exercise will be to use indicators to spot a trend and fire off a trade by rules for the DEMO account!  Ka, chow.

:-D






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