“Trading is a business where it really pays to pay attention and learn from the market every day. You will know just that bit more than the others who think they can just enter some magic numbers in a computer.” Peter Crown – Professional trader, 25+ years experience
Author Archives | FXTraderPaul
26/10/10 Overnight on the Cable +77
October 27, 2010
Just a quick update. Had a EURGBP position on Thursday / Friday of last week which I closed at break even on Friday as it wasn’t doing what I believed it would do. Was the right decision running into the G20 weekend as I would have taken a full loss had I held on. I […]
Thought for the day – Tuesday 26th October
October 26, 2010
“Becoming a better trader and becoming a better person seem to go together.” Ed Seykota, Market Wizard
Thought of the day – Friday 22nd October 2010
October 22, 2010
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” Ed Seykota – Market Wizards
Four Hour Trades on Cable, Euro & Cad +154 points
October 21, 2010
As promised in my last post here’s a video explaining the 4 hour trades I’ve taken over the last 24 hours. Nothing exciting just a few simple set-ups. Having been out of the game for a while (see here if you want to know why) and mentioned in the video I’m starting with simple, approx […]
Back in the game – but a slightly different game at that.
October 21, 2010
After a pretty torrid summer of major sporting injury, medical rehab,a house move and a lack of internet connectivity it’s only been in the last day or two that I’ve been able to start spending time in front of the screens. I had a long chat with FXTrader Sandy yesterday and discussed our trading, the markets, life […]
Thought of the Day – Thursday 21st October 2010
October 21, 2010
From an interview with Glen Ring for Real People; Real Traders What is one of the biggest mistakes traders make? They try to be too perfect.
Thought of the day – Wednesday 20th October 2010
October 20, 2010
“Amateur traders turn into professional traders once they stop looking for the ‘next great technical indicator’ and start controlling risk on each trade.’ John Carter – Mastering The Trade
Thought of the day – Tuesday 19th October
October 19, 2010
“The secret behind success is to embrace risk, not to avoid it.” George Soros
Yay – I finally have some Internet!
October 19, 2010
So after moving house in late September, early Ocotober I have finally managed to get some connectivity into my new abode. Only 2 weeks late on the Internet. I’m not sure if BT could have made a bigger cock-up of our internet provision had they’d tried to. Anyway back on the grid and will start to post over the […]

October 28, 2010
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