Welcome everyone to my trading journal. This is my second attempt of keeping track of my trades in this format. The first attempt failed after a few weeks more than a year ago. I started to build up a promising strategy, but failed mentally, and got into some bigger losses. Than I gave up on forex trading altogether. I needed the money for private purposes, I had to withdraw it from my account. I lost my interest in forex completely, as it often happens to me with any hobbies I pick up.
Then, suddenly, just as it happens quite often, too, I became interested again. I couldn't afford to throw any money out of the window this time, so I was just looking at the charts, guessing where the price would go. I only had less than one euro on my account, and I was not willing to deposit any more.
0.96 cents.
You cannot possibly trade with that.
But then I thought again. Why not? I can have 1 euro trades with my broker. Why not give it a try? Not just for fun. Seriously. As if it was, say, 1000 euros. Just the way I had done before.
So here I am after a short week of trading, trying to make the most out of my one euro. No bold moves, just because it's only one euro that is at stake. Winning a cent or two is life and death here. This is the way I, the One Euro Man, trade. Care to follow me in my adventiures?
Then, suddenly, just as it happens quite often, too, I became interested again. I couldn't afford to throw any money out of the window this time, so I was just looking at the charts, guessing where the price would go. I only had less than one euro on my account, and I was not willing to deposit any more.
0.96 cents.
You cannot possibly trade with that.
But then I thought again. Why not? I can have 1 euro trades with my broker. Why not give it a try? Not just for fun. Seriously. As if it was, say, 1000 euros. Just the way I had done before.
So here I am after a short week of trading, trying to make the most out of my one euro. No bold moves, just because it's only one euro that is at stake. Winning a cent or two is life and death here. This is the way I, the One Euro Man, trade. Care to follow me in my adventiures?