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Recently, there have been some good moves in the stock market, but let’s not forget the forex markets as well. This is a good short trade on the GBP/USD that we did together from start to finish, and I am glad that my students could successfully complete this trade together with me, and I hope these small victories for them will add up and give them more confidence.

In this trade, although they did not manage to capture the full trade, 100 pips on 2 contracts is still about US$2,000, which is still pretty decent for a new trader for a single trade.

Tomorrow morning, on Saturday, I will be having a re-run of the full-house seminar we had last Wednesday – “The Art of Market Timing”, and I hope to take the chance to share more examples which I have prepared. For those who managed to get seats, see you tomorrow!

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2013-05-14 03.31.00

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Hi, Spencer here! 😀

After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.

comment-img As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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