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'
Everything in the market is like a fart, if you have to force it, it is probably shit
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.
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.
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.
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.