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Tuesday, 9 June 2015

Trainees' Trades: 9 June 2015, Tuesday, 10.41am Singapore Time

Trainees' Trades: 9 June 2015, Tuesday, 10.41am Singapore Time

See the gold set up on why trainee longed on fear, applying my teachings, for bare minimal tight stop to go for decent reward-risk rewards.

Capital spent on 10 contracts using very tight stop for gold = $37.40; instant profit from 10 contracts = $22.30
After previous consecutive successes, trainee wanted to go for 100 contacts Gold of cost $374.00 which would had yielded profits of $223.00 instantly and probably more than $1,000 in 1-3 days, but I said no, do not play big first if one is not seasoned yet. 
Only senior seasoned graduates play big, but if one is newbie or without proper skills, buying-selling Stocks, FX, Indices, Commodites etc big is akin to going to casino to gamble. We do not gamble, we trade/invest with proper skill sets.



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