I've been doing Forex trading now on FXCM for 6 months. My demo account was hit and miss as far as my trading strategies and ended up at a loss position frequently. But I have since attended online seminars and watched every seminar on youtube. Many hours spent learning good strategies. Worth every minute.
With the simple help of these cliches...
"Trade with the trend!"
"You need a reason for each trade!"
"Use stops!"
My trading strategies and decision making has come along way. I trade at a 2/1=profit/loss margin. and have been profitable on 68% of positions.
This week I profited $1430 on 5 positions off a total profit of nearly 500 pips combined!
EUR/USD has been a volatile "safe pair" that has been profiting nicely.
USD/JPY has also been a blast to follow with the chinese bond market slowly downgrading to a "junk bond." While the minute charts seem volatile, on an hour or day chart the trend is obvious.
ANYONE???
With the simple help of these cliches...
"Trade with the trend!"
"You need a reason for each trade!"
"Use stops!"
My trading strategies and decision making has come along way. I trade at a 2/1=profit/loss margin. and have been profitable on 68% of positions.
This week I profited $1430 on 5 positions off a total profit of nearly 500 pips combined!
EUR/USD has been a volatile "safe pair" that has been profiting nicely.
USD/JPY has also been a blast to follow with the chinese bond market slowly downgrading to a "junk bond." While the minute charts seem volatile, on an hour or day chart the trend is obvious.
ANYONE???