I will put a big reply....so some people can see how the real journey has been and can see what is REAL FOREX journey is .. this all with a full time job that takes 13 hours of day with commute...
- Heard about Forex on May 2007
- Joined FF on July 2007
- Forex looked very easy...
- Fav indicator MACD.
- sometime i see MACD changin as price changing.. hmm so price has some meaning...but its ok we can see that in indicatory...
- Many blown up demo accounts
- April end 2008 GO Live ... we need real feel...
- June 2008 monthly result is 8% per month
- Didnt felt enough as i need to be millionare soon....went and found another thread with indicators...
Indicator ..mostly based on carry trades - But in mean time was looking at TAF TAF... but heart said TAF is right... mind said indicator is right..
- 1 Aug 2008 i am up 22%.... now time to go big.
- Indicator telling USD will go down after bounce... we go big... Short USD.....dradown ..short double...
- End Aug 2008 i get out of position and my book is net 30% (rule if u r down 30% chances is u will blow full account)...negative... 2 month break from trading...
- Oct 2008 trading starts again...same scorpio.... 25% more down... total net account down 50%.... now i know something is wrong....
- start reading TAF seriously....
- Jan 2009 start making ..1 cent a day....
- Feb 2009 lost 5% again...
- march April may made back 3% total.....
- June 2009 lost 5% again....
- Aug 2009 start trading ...this is where step 3 kinda kicked....
- Dec 2009 .. YTD 25% up.....
- Jan 2010 -- YTD 5% up.....max drawdown being 1.25%.....
Guys this has been my journey...... i wish and hope you have a smaller one....luckily never one full blown up account....
V