My first "Contest Session"

I just finished my first session with this contest. It went fairly well, although I have to admit I don't really enjoy trading like this. Man, I forgot how nerve-racking high leveraged scalping can be.

But the good news is that I went up 5.73% in the New York Session. Still a long way to go though.

I assume I could also be at somewhat of a disadvantage because I cannot sit here glued to my monitor everyday. I am sure somewhere there is a trader doing just that. He is probably a good trader, does it for a living, and has this account for just pure fun. So, he has the advantages. But then again, he could also make that fatal error.

Truth be known, it doesn't really matter if I place in the top 5 or not. The point is to be positive. If I turn $300 into $500, and don't qualify for the prize money, I will survive somehow....

I had someone ask me what I am going to do with any winnings or gains. To be honest, I don't know. Maybe I will put it back into my normal account, or possibly just some of it. (The more likely scenario.)

I have earned enough so far to go to the Japanese Steakhouse. Hell, sounds good right about now....I really don't know what I will do with whatever is left.

One thing is for sure, I could never go back to scalping all the time again. It didn't take very long to feel that burn in the pit of my stomach!

Will update soon, hope all is well in your world.