It's been a great trading week for me, meeting my weekly target, well only my second week but the result had been pleasing. I had mentioned on my earlier entry that I shall only trade on Monday to Thursday, nevertheless, I traded on Friday as I was behind my target due to low trading traffic on Monday (USA Holiday) and Thursday. I make it up on Friday as I had no program, lucky for me, I made a few good trade and managed to close the week with target met. Continue with this trading result (Monday to Thursday only), I should be able to make wonders and be well on my way to creating my wealth. ;pOn a separate issue, I had finally submitted the MBG application for the stupid and senseless course I attended with FX1 Academy before I started out trading FOREX. The course cost me SGD3000+++ and I learnt nothing. To be fair, maybe I shouldn't say I learnt nothing, at least I was introduced into the world of FOREX trading and that was how I started out trading FOREX. Still I would like my reader who chance upon my blog to not be taken in by whatever the BA say about making tons of money after attending FX1 Academy courses. I attended and traded DEMO as instructed for six months. After six months of paper trading, I am negative and after submitting my MBG application, they came back and tell me that I must use only one DEMO account to trade (What's the difference?). They also told me that I had not traded the minimum required numbers of trade. This requirement were not told to the student during the course. Best of all, I explained to them that I had to change my DEMO account four times because I was not able to login to my DEMO account on various occasion and had even called the broker to check. However as records were not kept for DEMO account I had no other choices but to open another account.
In any case, even if I had traded on one single DEMO account, and met the minimum numbers of trade, I bet my last dollars that they will come back and say I had not followed their rules strictly and blah, blah, blah... WTF!
Anyway, readers, look at my result! I am not following FX1 Academy method or strategy or plan or whatever you wanna call it. My own studies and research as well as persistence had bring me result and it can only be better. This only tell you that you dun have to attend any courses to trade well. The internet is always there for you, all you need is the heart to look into the wireless world and learn. Develop your own method, strategy and trading plan. Start small and get confidence, once you are ready, go in for the big bang. I'm sure you can make it cause I made it! Of course dun forget, start with paper trading first, that's the number ONE key to success in trading!
Back to my own trading, I had started monitoring another currency pairs, so that I have more options and actions to take. Nevertheless, I am still very much more comfortable trading my primary currency as I know the movement well. However, I guess it's a good time for me to start monitoring another currency and get comfortable with it.
Time to rest and refresh before the next trading week start again on Monday. Stay tune for my BETTER trading result next weekend! ;p
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