Going to restart my old thread to log my trades.
As an update to where I am at- I am still trading but due to family commitments I am back in a job. No problems though as I’ve adjusted my trading to be more of a swing trader. Feeling good about where I am at trading wise and the intention is to build this bankroll along with a salary.
Currently in one trade from 2 days ago, short on euro/usd.
Still short the euro and considering moving stop to BE…not yet though!
Welcome back! Good to see that you are still chipping away. The EUR/USD Short gave you a nice day.
Cheers ST. Yeah still trading away! How’s your trading been going?
Well to be honest I am a big grumpy about it this morning - was going to short AUD/CAD last night, off the Daily, then just after I posted to you I picked up a virus on the laptop which killed my internet connection. By the time I got it cleared up the move had happened and I had missed the trade. Would be over 2% up by now, sigh…
So I am a little grumpy, but to answer your question in the manner intended it has been going well, thanks. Had a slight misstep in mid-March, underestimating the impact of the Japanese earthquake, but basically have a double-figure return each month this year so far so yes, very pleased with it, thank you. Getting on top of it, keep wondering if the run will end but feels more solid and sustainable as each month passes.
Sorry to hear that you are back in a real job for now (unless you are loving it, apologies for the outrageous assumption that all traders have an inherent objection to real jobs!) but hopefully your trading model works around that, you are still progressing?
We are pondering the nerve-wracking revelation that, given my average return, my wife could cut her hours/stop work altogether (at least, stop the working for other people part) were we to dump some more funds in my trading account. What to do…?!
So yes, all good, thanks, AUD/CAD aside.
Glad to have you back on the board - always liked your posts, found myself nodding sagely while reading, hoped we had not lost you to something else when you went quieter, looking forward to seeing how it plays out.
The fact that we are both still here strongly suggests that we will make it work - surely otherwise we would have busted out by now?
ST
Awesome sounds like you are doing very well! Double digits each month is a great return.
Yeah to be honest I’m not exactly thrilled with going back to work but it seemed the ‘sensible’ thing. Looking to get a house and i want to keep my current flat as an eventual rental so i need some funds from somewhere. Choice was build my forex bankroll only to take it all away for a deposit or save a salary and get to keep my forex account…It ain’t actually that bad as far as jobs go but then a job is a job!
Haha hopefully it means we will be ‘successful’ in this game but I guess only a few more years will tell us if we are…
Update on the euro trade- still short and have moved stop to just above break even (to compensate for the negative roll)
People talk about crazy returns, but anything from 10% up will mean a lot of money at some point, and without exposure to too much risk along the way.
Completely get your reasoning behind being back in full-time employment for now - when you are sipping pina coladas on a beach somewhere, waiting for delivery of your new Ferrari, it will all seem worth it!
Out of euro so not in any trades at the moment. Going to miss tomorrow so will be back to it on Monday…
Currently short usdchf…holding the trade over the weekend
I got stopped out shorting USD/CHF on Monday, off that high test on the Daily, so swore off USD/CHF for the rest of the week. That’ll teach it lol! Good luck with the trade, you’re backing a decent downtrend as long as the SNB don’t do to you what they did to me.