Figured it can only be helpful to have somewhere to throw my thoughts from time to time, and perhaps add some accountability.
So I had traded in the past (15 years ago) and blew up a couple of accounts and (sensibly?) moved on to focus on other things before losing more than I could handle.
Recently - Mid October 2022 - setup a smallish account of $2.5k to dabble in with the aim of maintaining positive momentum and better risk management.
Now, 116 days later the account is up 97%, but with a couple of blips along the way where some undo risk was taken, however was able to manage the positions and recover including a small amount of luck.
I trade almost exclusively USD/CAD as I'm based in EST and find monitoring the news of Canada/US economics more manageable than the other crosses that involve overseas locales. I trade small lots of 3000 to 5000 units and am happy to grab small profits multiple times a day, but also build positions from time to time depending on the news of the day.
I'm not a technical trader, more focused on news and overall fundamentals.
I'll come back to this as and when I feel like putting something out there, best of luck to everyone!!
So I had traded in the past (15 years ago) and blew up a couple of accounts and (sensibly?) moved on to focus on other things before losing more than I could handle.
Recently - Mid October 2022 - setup a smallish account of $2.5k to dabble in with the aim of maintaining positive momentum and better risk management.
Now, 116 days later the account is up 97%, but with a couple of blips along the way where some undo risk was taken, however was able to manage the positions and recover including a small amount of luck.
I trade almost exclusively USD/CAD as I'm based in EST and find monitoring the news of Canada/US economics more manageable than the other crosses that involve overseas locales. I trade small lots of 3000 to 5000 units and am happy to grab small profits multiple times a day, but also build positions from time to time depending on the news of the day.
I'm not a technical trader, more focused on news and overall fundamentals.
I'll come back to this as and when I feel like putting something out there, best of luck to everyone!!