Jul 06
26
The right tracks to reach my financial freedom …
After three weeks of trading my account is now £6600, which is over 30% profit so far. All that from risking only 2% on each trade, including three losing trades.
I have been trading for some years but not with a real money management or entry and exit plan and have been making some money one week only to lose it the next. Your talk on the first day of what not to do was exactly what I was doing. Trading indices and over trading when things where going wrong to win back any losses.
Monday 22nd May 2005 was the first day I entered a trade with a real plan in place. I placed £5000 into my spread betting account with deal4free and using your spread bet sizer decided to risk 2% of my account on all trades. My first trade was Paragon Group in on the 3 day power play trade which resulted in a 60 point gain.
I now believe I have started on the right tracks to reach my financial freedom and achieve my personal goals in life.
Thanks!
Alan Kingdon, June 2005
