Live Trading.

snapdragon1970 posted:
Hi Guys, I'm going to start a small challenge, one of my friends at work has put down a challenge for me.
How much profit can I make on a small account trading Forex starting from the first day of Trading 2017-DEC 1,his only rule: minimum balance opening limit.Well I'm not one to shy away from a challenge , this will be a live account and I will post results as it happens.

are you going to make the account public on here so we can actually see the stats your are generating? No point in talking the talk unless you prove you are walking the walk...... just sayin'

Yes of course ,that's the whole point of the exercise, so people can see what I'm doing, I might run a demo to for stocks if anyone is interested in stocks although end of Jan is usually a better time for buying.

The spread On EUR/GBP is usually more than On EUR/USD, more volatility usually means more defined areas of support and resistance though, The trading times too will be more suited towards EUR/GBP, at the open of the London session the first 15mins is pretty busy,9.30 some action then 11-11.30,after that 1.30,then 3.30-3.50.I will be keeping an eye on any important news that will effect either . That makes for about 5 trades on a good day, usually 2-3 though if its a strong signal . Its better not to trade after 4.30 if possible otherwise it drags out till 7-7.30.

snapdragon1970 posted:
Yes of course ,that's the whole point of the exercise, so people can see what I'm doing, I might run a demo to for stocks if anyone is interested in stocks although end of Jan is usually a better time for buying.

You really have good desires with this challenge. I hope I achieve its goal.

@snapdragon1970 And we're going to need to see that account! 😉

Yeah that wont be a problem, you can ask questions within reason.

I will be opening this tomorrow, been busy with other tasks, on another subject its 9 days till Trump takes his seat, the Auto industry is looking good, Fiat has done really well since I took a position on 20/10/16.

Trump opened talking about how the auto industry will be expanding with Fiat, Ford and Chrysler who will be building new plants in the US while Ford are cancelling their contract to build a billion dollar plant in Mexico and instead build business onshore. Trump is now taking questions in respect to Russian ties/ potential hacks and fake news.

eur/usd going for long upto 1.062

Welcome aboard this exciting journey, I just opened the first trade today at 16.34 on EUR/GBP its a long position , possible break out coming , ill post pictures of the trade if anyone want verification, up 2% at 17.00.

We made a second trade on EUR/GBP , between both trades 5% ,just closed the second trade at 19.12 , no losses yet. It's not much on 100euro but this is about growing it slowly , some days we will make more some days we will lose, I missed the earlier trade around 3.30 away from pc.
That's it till tomorrow at 9am , why 9, well that's when traders are a bit more settled.

So far we are up 10% ,one losing trade, 5 winners just closed the last trade on eur/gbp at 18.02 its looking pretty choppy, when I see that after a bullish move its likely to fall like a knife than go higher.

This shows the deposit for the live account, funded to plus500.

No trading until we see something interesting, tomorrow is D day with PM May speech.

The trades I have done since I started on the 12th, today's trade is at the top.

snapdragon1970 posted:
This shows the deposit for the live account, funded to plus500.

it is quite easy to hit printscreen on your keyboard to print a screen
you dont need to take a picture by phone :)

togr posted:

snapdragon1970 posted:
This shows the deposit for the live account, funded to plus500.

it is quite easy to hit printscreen on your keyboard to print a screen
you dont need to take a picture by phone :)

Cool, thanks for the tip, will do in future.

snapdragon1970 posted:

togr posted:

snapdragon1970 posted:
This shows the deposit for the live account, funded to plus500.

it is quite easy to hit printscreen on your keyboard to print a screen
you dont need to take a picture by phone :)

Cool, thanks for the tip, will do in future.

will be so much more professional :)

togr posted:

snapdragon1970 posted:

togr posted:

snapdragon1970 posted:
This shows the deposit for the live account, funded to plus500.

it is quite easy to hit printscreen on your keyboard to print a screen
you dont need to take a picture by phone :)

Cool, thanks for the tip, will do in future.

will be so much more professional :)

As long as its genuine lol.

Your right it does look more professional.