Faceless Bureaucrat: Ah well, Bad Assed Trader has ducked out for now and killed the trade we put on as it didn't trigger. No money lost, none gained. We have to stick to the rules and if it doesn't trigger we let it go and move on. Too bad. An inauspicious start.
And apologies that Bad Assed Trader got so carried away in our last blog that she showed off all her technical terms without explanation. She is a bit of a show off, hence the bad assed bit. We'll strive to do better next time and thanks to Poobah for pointing out the error of our ways.
We're on the lookout for further trades but have had a few friends over for dinner and was preoccupied today with having fun. Back to the grindstone tomorrow...oh, and the Forex training will hopefully get things moving a bit faster very soon. Can't wait.
Trigger?
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Sorry poobah - I'm not trading live but am instead placing orders for trades which means you specify the price at which you want to enter the trade. For example, if you want to buy you will generally enter a price that is a bit higher than the current price as you believe that if price gets to that level then it will continue to go up. In my case the price did not go up the next day, it went down, and as it did not reach my order level the trade was not triggered and so never happened. It's all done on an online trading platform, you put the numbers in and the order gets filled automatically...or not. Does that help clarify?
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