4th January 2010

Now that I’m using my TradeOnAuto software I’m trading two markets each day.  Soybeans during my night time, the Australian SPI during my day time. I’m using longer targets, five times my risk, and loosely trailing my stops – it’s all built into the software, so it’s only taking me a couple of minutes each day to set up.

 

The SPI was good, getting me in at 1864 for a long trade which showed a handsome profit.

Beans didn’t work so well. I hopped onto the early move to the long side, which was stopped out when the downward trend set in.

Still, I can’t complain, I’ve made a handsome profit for the day.

 

 

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