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Chips are down

Mon, 04 Feb 2008 04:27:22

After my money doubling effort on Thursday I decided it was time to raise the steaks. I lost £50. I did what I had on Thursday, watched the candle stick chart and thought I spotted one on the rise. I bought at £10 a point and was ready for the profits to roll in. Instead the value began to drop and because I only have £50 in my account an 'Auto Stopper' had been put in place which automatically sells your bet to make sure you don't lose more than you have. I threw another £50 in, I was feeling lucky this time. I was convinced Aricom was going to continue moving up, they were under the 'winners' section on the bbc website, let's do this I thought. - This time I bought at £2 and setup my own auto stopper - I lost £3.20.

It's tough and I'm starting to see it's going to take a little more than 'feeling lucky' to make my fortune. Like with anything I'll need to understand the market. I'm not sure at the moment how to progress, check back tomorrow.

Cheers
Ryan Partington