FMIC's profile
FMIC

Bio:
Software Developer by trade and newbie hobbyist trader.

Who knows, maybe one day it will be the other way round, and Forex Trading will be my main source of income.

Born in Mozambique in 1968 then lived 20 years in South Africa and now, currently living in Portugal.
Trading Style:
I have not yet defined a style yet as I am only a newbie in this Forex world. However, I am inclined to favour automated systems and dedicating most of my efforts to "MetaTrader v4" and in the near future "MetaTrader v5". Developing or programing the EA’s is easy for me but what is more difficult is coming up with a successful strategy and applying good management skills to it.
Motto:
"Deduction = Knowledge + Intuition!"
Experience: Less than a year
Location:
Vouchers: 0
Registered: Jul 28 2012 at 21:21
Chart
Systems
Name Gain Drawdown Pips Trading Leverage Type
FMIC-RF Live Pro-Standard (EUR) -87.41% 94.37% 394.9 Mixed 1:500 Real
AM Demo Standard (EUR) 18.64% 21.19% -1052.0 Mixed 1:500 Demo
AM Live Standard (EUR) -97.45% 97.71% -560.0 Mixed 1:500 Real
RF Demo Standard (USD) -45.32% 47.58% -17095.4 Mixed 1:500 Demo
FMIC's Feed
FMIC
FMIC
I embarked on this journey in December, 2011 and started off manual trading with CFD's and Indices with the broker "IG Markets" but did really badly loosing 500 € in the process.

I decided that I had started off the wrong way and with the wrong mind-set and very little knowledge. So I invested in some "education" and enrolled myself into the "Rockwell Ultimate Day Trading Course". It gave me the fundamental and basic tools to start fresh with a new and more disciplined outlook on the subject.

After dedicating some time to research, I decided to embark yet again on a new journey into this world of Forex Trading, but this time, a little more prepared I hope.

I opened a few Demo accounts on different brokers, as well as a Real (but micro) Account to start things on this new journey. I also decided to participate in a Trading Contest, just as an incentive to myself, but obviously I do not expect to win against all these seasoned traders. It will however help me compare my skills and abilities to others and in so doing, learn from this experience.

Well, this is how I stand now on August 4th, 2012!
Aug 05 2012 at 06:05
FMIC
FMIC Looks like the Contest I enrolled in has been cancelled. Oh well, until next time!
Aug 06 2012 at 06:06
Gross Domestic Product w.d.a (YoY) (16 min)
Asia Markets: Japan stocks plunge back into l...(6 min ago)
EURUSD 1.29187 GBPUSD 1.50892
USDJPY 101.794 USDCAD 1.03284
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.