Showing posts with label forex trading. Show all posts
Showing posts with label forex trading. Show all posts

Tuesday, March 24, 2009

The + / - Day

Today was so-so.. Today's forex trade wiped out yesterday's gain. sigh. i was looking for two days back-to-back profit. I just got started on an auto-trade account, and it's too early to tell if it'll work out. Did an hour an half's tennis instruction, so at least that's intangible income. Ka-chink! $120. Damn. Had the trade work out, would have netted $360 by this time of writing. Oh well.. I got another trade coming up.. It should hit around 1-2am if it breaks through



Sent out alot of Talk Fusion and Fusion Excel marketing mails today. Hope I get some responses and enrolments.

Also trying out a Metatrader 4 Expert Advisor, a.k.a. automatic trading solution. Here's a screen shot!12 Simultaneous trades! 10 pts here, 20 pts there, 50 pts there.. Quite amazing and fascinating. Haven't materialised any profit since 2 hours ago when it started. Expect to see money by morning. Lot sizes are very small. If at this rate acc go down 10%, I will scrap this plan. Amazing though... 12 trades simultaneously!



Louis has apparently made some breakthrough. He's come up with an 8 markets system that is supposed to have a higher probability and capacity for profit. Tried that on demo today, and after 2 hours, I was like.. ok.. shouldn't have trusted him....good thing didn't trade live... this would have failed too.

- But when i received a "close all positions" sms, i went to check.. wow 67pips profit! Could have been 120pips if i went to close it on time!

This method will allow a safe total capital exposure of even 100k. Just need to trade 120,000, then can make my goal sum.

Today's result still too early tell if this works. I expect to wake up with my travel expenses covered for the day.

Will monitor, and see how teaching's done.

Monday, March 23, 2009

$223.56 in an hour!



Typo! 50 pips to be exact. But two trade entries.. Meant to let one entry soar but market pulled back

$223.56 in an hour!

Sigh.... at this rate I'll need a lot size of 120000 to hit my target of at least $1000 a day!

Thursday, March 12, 2009

Freaking Profitable Day!

Today was a fantastic day! It's a bit of a dejavu actually. Last week I bumped into a mysterious man who was able to read my character, age, mother's name, favorite colour, flower from my face, and he told me some good forecast.

Well it does not hurt to be positive. Last week, following one of my trader's freezing his trades on my account, I got pretty sick and tired of static account size, and decided to get my hands dirty in Forex again, after all these years. Two years ago, when I was just starting out dating Griblit, I had this one particular profit run, where I went from an account base of 2000USD, all the way up to 10000USD in just 4 short months. Then, I got cocky, and also very careless, and traded all the way DOWN to a nightmarish $160.94 USD!

However, of late I've been on a good run. Surely there were the initial jitters, and account size fluctuations in the first 3 days, but I've been ultra-conservative. And I must say... like my tennis skills, my forex trading has also improved significantly after the long sabbatical.

I've been very much preoccupied with numbers, thinking up strategies and all, and have come up with a few.

check this out! Today's account growth!



That's right! Started with EUR $ 3620.88, and ended with EUR $3728.80! That's a gain of EUR $207.12! In SGD, that's $405.96!

This one's the best trade of the day!



55pips profit! I actually had a second lot doing the same trade, that I was looking to capture a greater profit run, but unfortunately, hit my trailing stop. Earlier morning, I had another trade of 37+ pips!

My second order for the day didn't get fulfilled, otherwise can look at almost double the amount!

For long I have lived with an un-fulfilled target of earning $1000 a day. I have a hunch that it might happen this year. Pray for me too!