Archive for March, 2010
My First Forex Easter
Posted by: | CommentsWell can you believe it – it’s nearly Easter and we are so close to the much anticipated Easter weekend and I refuse to let this awful weather get the better of me!
When you need to cram five days in to four it can get a bit hectic, in fact I was in Nottingham all day Tuesday and had my first mobile trade! It has been another great week for me – and Sid’s golden rule of safety first has paid off dividends!
I am loving my new found skill of patience and let me tell you why; I know that they say self praise is no praise – buy hey, this is my blog and Sid has said I say what I like so here goes!
Sid has taught us how to read the market and make the most out of it – after all we are here to make our lives better financially. One of the important rules we are taught is not to trade when in doubt; I have been really diligent this week and have been at my desk at 6.30 each day before sorting out the normal daily chores. I have it scheduled into my diary as my daily forex rendez-vous!
Anyway, today it just didn’t feel right – so I didn’t trade. Sounds daft – but it was the right think to do. I listened to what Sid advised us and decided not to risk what I have already made this week.
Sid really made my day after I sent in my daily update when he sent a short email saying “well done” on my decision today. Now isn’t that great one-to-one support after a forex training course?! Sid and Kris have been so great and they are both so patient, although I have no idea how they find the time for all of us!
Right that’s it for today – this might not sound like much to those who are looking at doing a forex training course, but believe me once you begin to learn about how to make money with forex, each new golden rule you experience is even more exciting than the last! By keeping my money safe today I am still making money as I didn’t risk anything – and that’s the point. It’s not about risk – and now I really get it! It really does pay to listen and lock away the ego!
WOW – Against Instinct?
Posted by: | CommentsHere’s my latest progress report on my forex trading apprenticeship, as promised. This is THE most interesting and revealing time I can ever remember..
The most telling thing for me is that I am beginning to realize that although I watched read explanations, watched forex videos and listened to the sound-tracks, I didn’t really take a lot of it in – and now, as I recap and go back over things, I am realizing how much was in there and how much I missed. Read More→
Making Hay Whilst The Sun Shines
Posted by: | CommentsWell, just trying to catch up with myself again after my folks came for a long weekend. So lovely to see them and we had what I call a good old-fashioned family get-together which I love. However, it’s back to the real world and I realised that I’m guilty of not keeping up with my blog posting – so if you are following my progress – I apologise for the long gap and I’ll try to keep up in future 
Well, this is a story of last week. I’m still on a voyage of discovery here and it’s probably one of the most exciting things I’ve been involved with for a very long time. I need to explain a few things so you’ll understand where I’m coming from – and more importantly, where I’m going, as I develop my understanding. Because this is SO much better than I have given it credit for up to now. Read More→
Plan for Next Week – Avoiding Compounding My Errors
Posted by: | CommentsI love planning and I try to plan everything where I possibly can. I am one of those sorts that put endless notes around the house that may simply look like a Post It Note with a scrawl on it – but to me it means everything! The only thing that I can fall down on is what we will eat mid-week, there again, don’t we all?
I have really been pondering about the call from last week and Sid said something that has really struck home and I have fully taken on board “avoid compounding our errors”. That makes perfect sense to me and I am entering a new week with greater gusto – and a whole lot of discipline. Whilst in my apprenticeship, I am soaking it all in still and determined to get it right – which I know I can. Read More→
Forex Apprentice – It’s Just Like Passing Your Driving Test
Posted by: | CommentsHi Everyone, it’s been a while and I feel a distinct sense of déjà-vous! Let me take you back to the time you passed your driving test and that sense of excitement, freedom and purpose. You now had your destiny in your own hands, you controlled where you went, when – and how. Completing the forex course has been no different.
My confidence is growing too although I have to say I was over confident one morning this week. I have now got into a good rhythm and am demo trading four mornings out of five during the week, normally getting to my desk anywhere between 6am and 7am, depending on children’s movements and dog walk responsibilities! Read More→
Professional Compounder Apprenticeship
Posted by: | CommentsWell, here we are, at the end of the four week forex trading course with Sid.
I have taken a good few days and several sittings to write this for you as I have learnt so much and didn’t want to miss a thing in explaining what I have learnt – and how I see things moving forward. This is an abridged version of my great experience to date!
Actually doing a forex course is the simple part, learning, listening and watching has been a big part of the last month, although it doesn’t seem to have taken up too much more of my time. I have made the time to learn everything throughout the course, savoured going off by myself on my FX Game platform to test some of things we have been taught about forex. I know I’ve impressed my husband with what I have learnt – and totally bemused the children – but when I look back, I’ve actually only spent around an hour and a half a day, at the most, on this. Read More→
So Here It Is – My Forex Training Comes to an End
Posted by: | CommentsWell, here it is, I am literally just about to sit down and listen to my last ever audio and I am definitely going to miss my forex training course! Weird isn’t it? I feel like someone is going away – but I know when I do see them again it will be even better!
I intend to do a much more in-depth post about the whole course in a day or two. I think just a little time to let the last four weeks gel, would be a good idea before I do this.
I am very excited about the joining the support group (The BBC Club). I feel like I will be joining a new group of friends, a bit like moving into a new village where I will learn a lot from others, be a part of something where we’ll chat, share our experiences as ‘forex traders’ and probably have some great experiences along the way. Read More→