Dinosaur Technology and Trading

So we are coming up on the end of the month, and I am beginning to think about doing a monthly review. Maybe I should do one for July and then do a comparison. In any case, today was another very experimental day. I started out scalping like I did yesterday, but yesterday the A/D’s were not breaking 1.0, today they had a hard time falling below 4, and I should have taken it as a sign to follow trends. I kept trying to call a top on the way up, and kept failing. Towards the end of the morning I began trading USD.EUR, my first day in Forex. I actually made money in FOREX, but learned that you need at least two pips in your favor just to cover fees. It was these profits that actually caused the delay in this post, as I had to update my excel profit tracker to parse the forex prices and total them.

What a noisy day - I started down, and while I never fell too far, I just couldn’t catch up. Before my last trade I was at $(10) and decided to make a hail Mary to get positive for the day, and unfortunately lost out.