The Foreign Exchange is the best place to lose a lot of money in a short period of time. With the help of my fund manager, we have successfully trimmed our $x,xxx forex account to $48 in just two months. Pretty quick ei?
Three days ago, armed with $48, I decided to trade the forex again...$38 na lang ngayon
Whipsaws here and there, stop losses getting hit in a just a few minutes; thanks to the ever volatile XAU/USD (gold). Yoko na, our trading strategy doesn't work! Well it works great if you intend to lose a lot of money. I need a new one...eto na makiki Bukojoe-Kolachi method na rin ako. Slowly but surely.
Trade log:
20:47 - Shorted USD/JPY at 117.580
22:55 - Doing +54.4 pips, still holding, waiting for a cover signal. Maybe tomorrow morning.