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The Adventures of a Greedy Stupid Novice Trader 07/04//2017

To be honest,
I am not really motivated this month to trade... Still feeling beaten from last month...so much work and nothing to show..ugh...
But that's life.
Greed got the better of me.
Won some prizes and I LoST IT ALL! mostly on the NFP News last month....Meh...
So i deleted my sign in info! For this year collect as many prizes and email support for sign in info next year!
That was the purpose of this blog, so yeah...
But lets look at the performance:
The peso is at this moment down.
I set a…
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The Adventures of a Greedy Stupid Novice Trader 05/04//2017

So March was a Disappointing month...
like many I was pro good NFP data...it came but market reacted opposite!
Sigh... was BULL heavy on the USD/MXN...but went other way and deep in the red...
I never saw the possibility that it would go below 19!
and US data was good.
That killed and broke my spirit...so I was off for the rest of the month.
This time i'm also long on the USD/MXN, targeting the 19 level.
Almost reached it yesterday...
I hassled a bit at the USD/ZAR! Now it is past my prediction …
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The Adventures of a Greedy Stupid Novice Trader 03/03/2017

It seems that every month I do something stupid...
I changed my TP of the US Peso buy to 20.7...
It supposed to be 20.07!
Ugh!
And now its back in Red 2000+ pips!
It reach a high of 20.097!
ah man ah man!
If you think about it, its funny tough...
But What happened to cause such a movement?!
Well,
at least the EUR/JPY worked out well.
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The Adventures of a Greedy Stupid Novice Trader 02/03/2017

So I missed the ride!
AUD/USD went down!
NZD/USD went down!
EUR/AUD went up!
To be honest, I thought the Aud/USD would climb back up to 0.7690 again. The Aussie data was good and also the Chinese one Tuesday evening.
But oh well, lets see where this goes.
There are still 21 trading days left. More opportunities shall present itself.
.Now just waiting for my USD/MXN and USD/ZAR to turn green.
Got on that one waaayyy to early
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The Adventures of a Greedy Stupid Novice Trader 26/02/17

We are near the end of the competition month…
To sum things up:
The account was down by 52%, now it’s up by 120%.
There are still some orders and one open trade.
For me is this a milestone. Never ever had such an recovery.
Not even when I ‘traded’ with real money.
This month I made a few mistakes, emotions got the best of me.
Little by little I’m beginning to manage my emotions.
Yeah sure, I can only access the platform when i’m home.
So for the rest of the day I can just read and watch.
Sometim…
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The Adventures of a Greedy Stupid Novice Trader 01/02/17

So,
It's the first day of the new contest period so lets get started!
Today the FED Will meet. I expect that they will confirm or say something about the rate hikes this year.
I'm Beting on a strong USD going towards the meeting.
Watching the EUR/GBP/JPY against the USD on January 31, I noticed that before the release of the US Data these 3 pairs went bearish, reaching new lows for the day.
So I shorted these 3 for now, with regards towards a hawkish FED Meeting later today.
At work I don't have…
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The Adventures of a Greedy Stupid Novice Trader 24/01

Sooo
That's it for January!
Got a gain for the month of 205%
Okay, seeing that this is a contest and other traders make hundreds % more, this performance will not be in the top 30.
on a side note; do these traders actually trade like this with real money?
I am soo tempted to trade further for the rest of the month...
Anyways...
I told myself in december; practice, try to win some prizes. And in december 2017 we will evaluate the results.
Set a goal of 40% average. Seems realistic. (I know people…
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The Adventures of a Greedy Stupid Novice Trader 1

So when I first joined Dukascopy, I meant to start writing about my FX Journey. But as I got wiped out instantly, I decided not to write. So here we go again…
So my plan for this year; work towards an average gain of 40% in a year.
I don’t know how people do it, but do they actually gain hundreds of percent gain when they trade with real money…
In the past 3 years since discovering forex I actually managed to make from a $50.00 a $1,000.00! No joke! But easy come easy go… High leverage, big e…
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That moment...

That moment...
That moment when you can't decide either to close the trade at a "small" profit or wait to see if your TP will hit that is only 10 pips away...
That moment when the market turns against you and you just want to hit something...
That moment...
The first day of the new month, going for a spot in the top 30 and GREED got the better of me..AGAIN! The account was up by 10%, but noooo... I just wasn't satisfied....now i'm down by 20%.
I really tought the positive new from the US would h…
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The adventures of a novice trader day 2

What a day what a day...
Just a few hours till the FED announcement and the Oil Prices are still going down! Those who were bullish on the USD/CAD are laughing now. I really wonder what the impact will be of a rate hike now with these low commodities prices... The markets are already prepared for a rate hike, they expect it to happen. Will the official announcement make the dollar stronger? I personally don't think so. The comments after the announcement are going to be interesting. One thing is…
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Uladzimir avatar
Uladzimir 16 Дек.

цены на нефть снижаются, кому хорошо кому плохо, а как обывателю хочу снижения цени на топливо на автозаправках и снижения коммунальных услуг.

Norry avatar
Norry 16 Дек.

hahaha I totally agree with you on that!

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