Welcome back my friends!
Yesterday, my boyfriend and I opened our real trading accounts! We’ve been on every demo market available trying to perfect and adjust our strategy: becoming confident in our market analysis. After our huge trading mistake back in September of 2021, our risk management increased drastically. We’ve been putting everything into trading and receiving nothing but false hopes and dead ends. The strategy I mentioned a few days ago ended up being a huge fail, so now we’re onto yet another idea we’re trying to make work.
Every day I learn something new and today’s learned lesson: Don’t trade on weekends! I’ve been noticing a trend here; every weekend we lose trades, even when our strategy is top notch. Just like clock work; we look forward to opening longs and shorts all weekend (since we both work full time jobs and our “free-time” is filled at the church), Saturday is our time to work on trading. Since there isn’t enough volatility in the market, we come out either down or break-even. Lesson learned! No more weekend trading date days.
On Monday, I start using real risks and I couldn’t be more excited. Do pray for me though, August 19th is getting closer and coming fast, (the deadline of making my dreams a reality). I’m not nervous or anxious: completely thrilled to start something new and do the work that makes me happy.
The goal for this week: double my money/make two profitable trades a day. We’re doing something new and setting profit goals, and loss limits. With my $100 account and 10% openings: Binary trading on PO will make me 92% on each trade, no matter the distance of my long or short. I’ll touch back on Friday and let you know how I did. Eeeeeeek 🤞At 5:00am each day, I’ll start my hour of trades before I head to work. I’m competing with me boyfriend to see who can get the most Eth during the bear market. It time to win some trades!
Elaine Kate 