A worrying thought!

I've just read back through my previous posts and you know I'm starting to sound like an expert! Well dont be fooled, I am a losing trader, reformed and well on the road to recovery but a losing trader non the the less!

There it is cards on the table, ass cheeks well and truly bared.

What I have learnt in my two and a bit years of trading and fifty five years experience of life coupled with six CSEs is that trading is basically quite simple!  Bet you didn't know that. Well not matter how well it gets dressed up when we enter a trade it can only do ONE of TWO things, go UP or go DOWN. There are some markets where we know exactly in which direction the market will go! Football O/Us for example. So one of my strategies is to take money as and when the market offers it to me! Talking football what can totally balls everything up is a goal! So strategies should be built around taking advantage of a goal OR avoiding a goal.

Avoiding a goal was the plan tonight, as the market ,correctly was predicting under 2.5 goals.

'Take from it what you will'

'my principal activity is to tease those who take themselves and the quality of their knowledge too seriously' Nassin Nicholas Taleb.

P&L £19.95 Bal £162.59