Ok time to put this baby to rest, this domain is soon going to not exist any more. All theory articles etc. have been moved here while my new blog with opinions and a trading experiment is over here.

Please update you bookmarks if you still want to read my mindless ramblings. The subscription service has stopped also (has for a while), sorry about that but I ran out of hours in the day.

Happy trading!

BOO!!

Scare you? ... na didn't think so (bit hard to scare no-one). Well it's been yonks since I posted anything here, not too sure why to be honest, I think I got sidetracked on other projects and forums and just ran out of energy in the end. If you are wondering where I have been, most of my discussion (and a trading manual I just completed) is over Forex Factory.

My ther site, http://www.beginnertrader.com is still up and running, but yet again I don't think I have been paying enough attention to it, plenty of e-books there though so feel free to go and have a look when you have some time. In terms of trading, things are moving along just fine, yet to purchase that boat I dream of, but I'll get there :) Little baby Lachlan, is not so much of a baby any more (8 months), there he is to the right, aint he a cutey!

I think it is time now for me to knuckle down and focus on this trading game, time to make some serious money and get out of the rat race that is Sydney life, so I will start posting some trades here again so I can digest the decision making process. One thing you will notice is the recent addition of Murrey Math to my trading methods, after some research and back/forward testing, I have been quite impressed with what it offers. I use very little indicators these days, just fibs, trend lines, chart patterns and Murrey Math, it will become clearer once I start posting some trades in upcoming days.

I hope you are all well and trading profitably (if any readers remain after so long), I look forward to the upcoming months which I view as make or break for me to change my lifestyle.

Happy trading!

Hi all,

It's been a while, I was kept away from the markets for a while, then after that deliberately hid away. Trading can be a taxing endeavour (in both senses of the word), the market is a real moody beast, and any guy that is married will know, pay attention to those that are moody! It was because of this I had to step back, stop writing here, halt the alerts for a while, stop updating beginnertrader.com unless someone else contributed and just take stock, I wasn't paying attention.

One of my weaknesses is over-exuberance, not really outwardly if you meet me in person, quite a calm fellow really, but inside my head many an idea will spawn. Sometimes it take a smack over this same head to realise when I am doing too much, in this case, a couple of weeks of poor trading (not losing weeks .. just but poor trading weeks) did the trick. My entries were early, my exits were late, my decisions rushed and my big toe hurt to buggery thanks to another over-exuberant teammate on the soccer field.


So I took some time off .. stepped away from the markets, did some reading and got back to the basics. I didn't even bother trading demo accounts or paper trading, instead I got outside, played some sport, spent some time with the better half and mini me, and just got away from it all. The result? ... a +450 pip week this week and a much clearer mind. Everything is about balance, good old Newton told us that way back when, so you would think we would have got it by now.

"Screen time" as it is called around the web (i.e. staring at charts for extended periods), is beneficial, don't get me wrong, getting the repeatable patterns into the subconsience can help, but once screen time becomes, mindless staring, it is probably time to shut the trading platform and take an extended break.

For me I knew I had reached that point when my trading behaviour became very sloppy, for others it could be when you start visiting the Oprah website, or start thinking Porn sites are educational, and you go there only for the articles. Whatever the sign is, drag your tired, bloodshot eyes from the screen and get some sunshine, it is a wonder what the outside world contains, and believe me you'll trade better for it.

Happy Trading!