Thursday, December 8, 2011

Slow Start to Live Trading But Positive Week

I resumed live trading this week although it has been slow as I have been rather cautious but a good start nonetheless. I have taken few trades on the demo too and you can check the trade explorer at Forex Factory for daily update. Took 3 positive trades today in the EURJPY, NZDUSD & EURAUD for a total of 40 pips.

I have decided to be very selective in my trade choices, and take 3 - 5 lots as a way to reduce stress in my trading, if not completely eliminate it. Therefore the above 40 pips is by multiple of 3 lots for a total of 120 pips.

Good trading to all

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