At the close of the last round of trading, I earned a profit of about $3800 (and at one point reached $5500). Overall I was pretty cautious and and mostly traded standard lots for short periods of time. In this round, I think I'm going to be a bit more risky and try trading larger positions that I will keep open longer. I'm actually kind of excited to start with a clean slate and see if I can do better now that I somewhat grasp what I'm doing- at least in comparison to what I understood in the beginning. Right now I can't get the website to load, but once I do I think my trade will involve buying Euros. According to dailyfx the Euro and the Pound have been rallying as of late, so hopefully I can catch the upward trend before it turns.
This week at the Museum, I was busy with a lot of different activities. On Tuesday, Alex, Kelly and I worked with the boxes that were moved from storage to the auditorium. A lot of the boxes contain books without accession numbers, and so we had to use the keyword search in PastPerfect to try and figure out if they actually belonged to the Museum (as opposed to John Herzog). There were a fair amount that we could locate in the database, but I'm not sure what's going to happen with everything else.
On Wednesday, Ashraf, Alex, Jess and I started working on another activity for the Kid's Program that involves coupons and discounts. Its a bit tedious since the activity described on the press release is more of a general concept than an actual event, but I think we're beginning to work it out. As is, kids will receive a grocery list and a coupon book. They will need to buy everything on the list in a makeshift food store, and the person who spends the least amount of money wins. Its still in the early stages so obviously theres a lot more work that has to be done.
That afternoon, we went on a tour of NYMEX or CME. I was completely fascinated/intimidated watching all the open outcry traders. The simulation we did at the lunch and learn was infinitely slowed down for us, so watching it in an actual setting with people shouting and shoving against each other was really cool. I'm looking forward to going to the stock exchange to see how the floors compare.
This morning, we watched a documentary on the Enron scandal. And I'm still freaking out about it. I really did not understand what happened as much as I thought I did, and when it was over I left feeling completely shocked. Its pretty unbelievable, and now I just want to discuss it with everyone I know.
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