Capitan Wraith is a FOREX new comer who has recently ridden the back and wrestled with both the bucking Bull and raging Bear. Accounts smashed and tattered, having learned from the hardships of FOREX he is now embarking on a voyage to the land of profit. Wraith is keenly looking for a crew to join in this epic journey.
Live accounts, regular updates, watch me stride triumphantly into the land of profit or be smashed recklessly on the rocks of loss.
Learn from me before you make the same mistakes.
All Kidding aside my Forex club at work has issued a challenge of turning $100USD into $5000USD the fastest (cough cough). Winner is first to $5000USD or the trader with the most cash left on 16th Dec 2012.
This is a tall order but thought it might be fun to post all the live trades here for feedback. This will prove to be either a quick ride to ruin or a lot of fun. I'm tempted to just leave the $100USD in the account and see how that fears in December.
Parameters so far.
Live accounts, regular updates, watch me stride triumphantly into the land of profit or be smashed recklessly on the rocks of loss.
Learn from me before you make the same mistakes.
All Kidding aside my Forex club at work has issued a challenge of turning $100USD into $5000USD the fastest (cough cough). Winner is first to $5000USD or the trader with the most cash left on 16th Dec 2012.
This is a tall order but thought it might be fun to post all the live trades here for feedback. This will prove to be either a quick ride to ruin or a lot of fun. I'm tempted to just leave the $100USD in the account and see how that fears in December.
Parameters so far.
- START 12th Jan 2012. New Zealand time
- Times will be in NZ daylight savings time (my local time) though the charts will show FXCM server time
- Trading a FXCM micro account and using FXCM Trading station as the software
- Starting balance $100USD
- I will endeavour to keep this updated on a regular basis ie. If I trade that day.
- I will provide a report of the trades and profit and loss for the week. This will be the same one provided by my live account only my contact details etc will be removed.
- I will try to provide reasons for my entry and exits from trades with charts.
- I'm not a forex professional and trade for fun and so follow my methods or do as I do at your own risk.
- You are unlikely to learn anything new that's not already available here by way of strategy except how I execute it.
- Keep posts cordial please.
- Always looking for ways to improve so please feel free to constructively contribute to help me rip my colleagues apart.
Plan for week starting 16/01/2011 Post #7 indicators entry exit points excreta.
Also will be posts and videos on a blog here and when possible videos on youtube
Looking to be a better trader