Whenever I take a bit of a short-term battering with my mid to long-term investments, I tend to look to FOREX trading to focus my activities. Long term, I’m usually very bullish with the equities I’ve chosen to invest in – often despite prevailing economic conditions – so it’s nice to switch to FOREX where I can let fly with any bearish sentiment.
I stick almost exclusively to trading the US Dollar and British Pound (USD/GBP) where I at least have an inkling of what’s going on – well as much as anyone really can when trading FOREX.
I’d like to think I always go in with the right intentions – timing my entry to the market, having a clear objective to the trade, with tight (but not too tight) stops in place – though all the best intentions tend to mean nothing when my money’s on the line.
In short, sometimes I win, sometimes I lose but it’s a fun ride. Anyway, I’ll dust off my trading account, set a couple of things in action and get back to you – both my loyal readers – in due course with the reults of my first trades in a while. Wish me luck!

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Comments
Posted On
Jun 04, 2009Posted By
DanielleGood luck with the trades. Don’t forget to share your acomplishments
Posted On
Jun 04, 2009Posted By
PaulHi Danielle, thanks for the comment. My “accomplishments” with FOREX are few and far between. My first foray back into FOREX for a while was four trades that all turned on me within seconds. Back to the books I think, there’s something inherently wrong with my trading tactics. Will be sure to drop by forexexplore.com for some tips.