My aim with this blog is to be completely transparent about my trading journey so that others can see the REAL trading and investing experience of a beginner.
Why am I investing and trading? Because I want to take full control over my financial destiny without having to work to a ripe old age before I can explore this world, relying on a pension that may not even exist!
Total Invested £3160
Unrealised balance £3997.25
Forex/Indices/Commodities – Trading using FXCM
- AUSUSD – Long (TJ) – TP1 Hit for £9.76 Profit
- UK100 – Long (TJ) – TP1 Hit for £4.09 Profit
AUDUSD spent a fair few days teasing me after generating a TJ signal and cam EVER so close to hitting the Stop Loss… But, a breakout today and let’s hope it continues!
Another £500 removed to add to the crypto fund as I believe the cryptocurrency growth over the next 6 months offers a unique opportunity in our lifetime to make some short term large financial wealth accumulation.
Total Invested £1000
Unrealised balance £1014.02
My coins held:
- Cardano (ADA)
- Elctroneum (ETN)
- Ripple (XRP)
- Monero (XMR)
- NEO (NEO)
- NEO GAS (GAS)
- Qtum (QTUM)
- DigitalCash (DASH)
- IOTA (IOT)
- Hshare (HSR)
- Ethereum (ETH)
- Verge (XVG)
- DigiByte (DGB)
- SiaCoin (SC)
- Lampix (PIX)
- ByteCoin (BCN)
- Life (LIFE)
- Dentacoin (DCN)
- MyriadCoin (XMY)
- Po.et (POE)
- SteemIt (STEEM)
- Tronix (TRX)
- Quoine (QASH)
- Experience Points (XP)
- Steem Backed Dollar (SBD)
You can see my public portfolio on www.CyrptoCompare.com at:
I believe this whole crypto saga offers a unique opportunity to get on board with and gain a larger amount of wealth accumulation over any other every-day trading option (other than maybe a good early business or stock buy)
We’ve had similar opportunities in the past such as the Dotcom boom (& bust!) but I was too young back then!
I think the next 6 months offers the best opportunity to invest in cryptos before the masses jump on board. 2018 will see a flurry of well known branded companies accepting the benefits and doing their research.
Late 2018 will see the masses begin to get on board as exchanges improve and overcome technical issues and difficulties, making it easier and less risky for the average investor.
I also expect that trading laws will be passed to enable fund investors to use crypto’s in their portfolio and exchanges becoming more regulated by governments and financial authorities
Come 2019, I expect to see the crypto markets become less volatile and steadier in their charts.
All these reasons will see more and more money enter the market and swell prices way beyond what they are now, just like the DotCom boom. It will eventually pop the bubble.
Hence why the next 6 months is the very best time to get involved and hold for the next 12 to 18 months.
This week has seen a huge drop in crypto’s as people panic sell over news reports coming out of Korea (which is trying to close dodgy exchanges, not stop crypto’s as reported) so this, to me offers and even better price to get in while the markets are down.
It’s a rollercoaster and I’m hodling on for the ride! (Yes, HODLing!)
Total Invested £2060
Unrealised balance £2164.06
IG.COM shares spreadbetting
I’ve also stuck a few funds into some long-term holdings on IG.com for trading shares.
I’m checking these and placing trades weekly, and currently holding:
- Evraz PLC (long)
- Coats Group PLC (long) – Spike down past trendline closed order for £1.11 profit
- Assura Group PLC (Long)
- Thomas Cook Group PLC (Long)
SL adjusted on Evraz, but apart from that, no change in shares.
Total Invested £100
Unrealised balance £109.88
Connect with me…
Email me: email@example.com
A boring disclaimer… coz I don’t wanna be sued and stuff!
The information contained within this blog/website and any information contained in any social media account related to EXF Trading is intended for interesting reading only.
I am not qualified or considered an expert in any aspect of trading and the words which I write are my opinion only and not to be considered correct.
If you trade based on any of my information, you do so at your own risk.
I urge you to do your research and make your own conclusions before considering trading.
You are responsible for your own trading actions.
I may provide affiliate links to courses or products I do or would recommend and I may or may not receive a small financial payment for those links.