I've been trading Forex for the past 5 years. I started to trade just for fun and learning to make a little bit of profits on the side, which it ended up to be a some sort of hobby. Throughout all this time, I lost some money and some times I was profiting them, making me more wiser and expanding my knowledge on trading. I'm currently working as an IT in New York City abut at the same time I'm trading forex in my free time. My goal is to help people struggling with money as I did in the past as well, and of course starting to build my own trading company.
Hello Everyone. I hope you are enjoying this wonderful weekend! The Corona Virus is still spreading, and based on the news we are at the 14k cases of infected people. This will lead with a negative impact on the market for sure. The commodities such as Oil and gold will probably trade lower at the opening of this new week. So let's keep an eye on any changes and news.
And another successful trading day. Folks I'm done for today. Have a wonderful rest of the Friday and weekend!
If you want to follow my trades please click on the link below!
Today was a very risky day! Started the morning with some good small commodities trades. But I made a small risky mistake that didn't cost a loss instead I profited out of it. Although I'm happy about the returns for today I'm not happy of the last few trades I made as I got carried for greed. I will not repeat that mistake ever again! It is a lesson that I learned. I will keep my drawdown low and position sizes small. Small trades makes you a very consistent trader!
There will be very low amount of trades, but consistent. I start this signal with about 2k deposit and so I will be very careful with position sizing. Lots will be used in very low quantity. As the capital grows then, the size will increase as well. Nothing is always a WIN, so there will be times where I will try to cover losses or cover current open negative positions with a sure trade. Meaning, if I am in a large negative as I trade, I will be trying to cover that current negative with a
The market is currently rejecting the 1600 mark as the bears are erasing the daily gains. A daily close below the 1560 support could signal the start of a correction down. Support is seen at the 1520 and 1480 levels.