SFX Journal is a "Journal Experiment" Where we invited one ordinary person to learn the ins and outs of the Forex Market. The experiment started a year and half ago. The trader then was introduced to the Forex world, had a demo account for more than 8 months, which was when he felt confident enough to go live.
Now we are trying to figure it out what does it take to go up, what are the most complex challenges that we all face when start trading, and also it is possible to grow an account with a small start up capital??
http://www.sfxjournal.com
Twitter = http://twitter.com/sacchifx
Facebook = https://www.facebook.com/sfxjournal
What more you guys need to know about this is:
1- Experiment is based on a simple trader, just an ordinary person.
2- We will not use complicated indicators.
3- We will follow trends and trade with them.
4- We will follow what is going on in the world, so we do take a very account of fundamentals as well.
So keeping those 4 rules in mind, plus another set of rules ( if you're interested in our trading ideas, let us know and we will share with you the rules and etc.). The purpose of this Journal is to do an experiment based on the idea of a regular person thats is fairly new to the market, does not have much capital, and is very keen to learn, this journal is to help this person to keep the routine and discipline of registering the trades.
Roughly for this experiment weve opened a very small account of $440 ( the $40 has his solely purpose of being a mental buffer). So the account was based on a new person, relatively new to the forex markets (or any market for that matter), that after a few good months of demo account decided to have a shot with real money.
So our experiment here is to register the ups and down of this character and see the development of the account.
We decided on a small account, because we wanted to look very real, and is not everybody that has $10,000 to open their first account, plus an small account is very very hard to make money, you need extra patience and extra discipline, It will be a good brain work out for us at SacchiFX and we want to see if we can succeed and see how much improvement the journal will have on this account and maybe try to bust some myths like is impossible to make money with small accounts and the importance of keeping a journal of your trades.
Our objectives are to actually try and do our best to make money out of tiny experiment account and show people that with patience and discipline they can also get there, and of course, emphasize the importance of keeping records of your trades, and learn from it.
We will use our sets of rules (very basic ones as described above), and also the internet for information as news, economic calendar and etc, and of course, the social media. (don't forget to check us out on Twitter ).
If you want more details about this account please just send us a request and we will let you know more about it, we will soon be making signals available as well, so we will let you know.
SFXJournal is part of SACCHIFX Social Business Network.
The Journal was created with the purpose of keep tracking and record of SACCHIFX trades. The ideas published here are solely for information purposes, and SFXJournal or SACCHIFX Social Business Network do not take responsibility if you choose to follow them. The Forex marketing involves risk and may not be suitable for all audiences.
SFXJournal strongly encourages you to post your ideas or anything you feel comfortable in sharing about your trades. The SFXJournal idea is to help you create and follow the habit of keeping records of your trades and improve your trades strategies.
We will make a fun, free and respectful environment where everybody's opinions and views of the markets are welcoming.
Now we are trying to figure it out what does it take to go up, what are the most complex challenges that we all face when start trading, and also it is possible to grow an account with a small start up capital??
http://www.sfxjournal.com
Twitter = http://twitter.com/sacchifx
Facebook = https://www.facebook.com/sfxjournal
What more you guys need to know about this is:
1- Experiment is based on a simple trader, just an ordinary person.
2- We will not use complicated indicators.
3- We will follow trends and trade with them.
4- We will follow what is going on in the world, so we do take a very account of fundamentals as well.
So keeping those 4 rules in mind, plus another set of rules ( if you're interested in our trading ideas, let us know and we will share with you the rules and etc.). The purpose of this Journal is to do an experiment based on the idea of a regular person thats is fairly new to the market, does not have much capital, and is very keen to learn, this journal is to help this person to keep the routine and discipline of registering the trades.
Roughly for this experiment weve opened a very small account of $440 ( the $40 has his solely purpose of being a mental buffer). So the account was based on a new person, relatively new to the forex markets (or any market for that matter), that after a few good months of demo account decided to have a shot with real money.
So our experiment here is to register the ups and down of this character and see the development of the account.
We decided on a small account, because we wanted to look very real, and is not everybody that has $10,000 to open their first account, plus an small account is very very hard to make money, you need extra patience and extra discipline, It will be a good brain work out for us at SacchiFX and we want to see if we can succeed and see how much improvement the journal will have on this account and maybe try to bust some myths like is impossible to make money with small accounts and the importance of keeping a journal of your trades.
Our objectives are to actually try and do our best to make money out of tiny experiment account and show people that with patience and discipline they can also get there, and of course, emphasize the importance of keeping records of your trades, and learn from it.
We will use our sets of rules (very basic ones as described above), and also the internet for information as news, economic calendar and etc, and of course, the social media. (don't forget to check us out on Twitter ).
If you want more details about this account please just send us a request and we will let you know more about it, we will soon be making signals available as well, so we will let you know.
SFXJournal is part of SACCHIFX Social Business Network.
The Journal was created with the purpose of keep tracking and record of SACCHIFX trades. The ideas published here are solely for information purposes, and SFXJournal or SACCHIFX Social Business Network do not take responsibility if you choose to follow them. The Forex marketing involves risk and may not be suitable for all audiences.
SFXJournal strongly encourages you to post your ideas or anything you feel comfortable in sharing about your trades. The SFXJournal idea is to help you create and follow the habit of keeping records of your trades and improve your trades strategies.
We will make a fun, free and respectful environment where everybody's opinions and views of the markets are welcoming.