Chaptersofmylife

learning. remembering. all those negative stuff. and throw them away!

Wednesday, January 07, 2009

forex

currently im studying forex.
got tons and tons of things i have yet understand.
i tried their demo account,
fake money with live market conditions.
i posted a profit of 200+ in 2 days of trading.
50k capital btw. but i merely used 2% of it to trade.
i set up very safe measures,
small profit margin and small loss margin.
once the price i set is met,
it automatically close the deal. so its kinda set n forget.

i know my techniques of trading is totally noob,
i just look at the charts,
see their highest and lowest point/price history,
then see if it alright to enter/buy.
i might just be plain lucky to post a 200+ profit*.
(*with various trading entry.)

but i will keep looking/studying.
currently looking at carry trading.
most popular trading techniques used.

one drawback of my current broker is that
every withdrawal of any amount has a fee of at least USD25.

if anyone here wants to try
www.fxcm.com

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