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.
SPONTANEOUS (and much needed!) break…
Possibly a good time to step back too. The markets went wild and I wasn’t in the right frame of mind. Sometimes the best thing to do is step back… ensuring you step forward again at the right time!
Total Invested £4010
Unrealised balance £3272.60
Forex/Indices/Commodities – Trading using FXCM
- NZDUSD – Short – Closed for a £2.18 profit
Forex has begun to frustrate me a little as I consistently hover around break-even. The trades that go in my favour aren’t making the big gains that are expected.
This is just one of the reasons I stepped away for a week… to reframe my thoughts.
Break-even is progress! I’ve lost in forex previously. My risk strategy is keeping me safe. I just need to work on where I’m going wrong and be deadly accurate with trades I take.
So, this week… what will I be looking at? Well, first off, indices recovery is diving some perfect lambo setups. Lets see what these bring us.
Total Invested £1000.00
Unrealised balance £998.06
- Cardano (ADA)
- NEO (NEO)
- NEO GAS (GAS)
- Ethereum (ETH)
- Life (LIFE)
- Po.et (POE)
- SteemIt (STEEM)
- Steem Backed Dollar (SBD)
- Tronix (TRX)
- Binance Coin (BNB)
- Quoine (QASH)
- Hshare (HSR)
- Experience Points (XP)
- Verge (XVG)
- Qtum (QTUM)
You can see my public portfolio on at: http://bit.ly/EXFCryptoPortfolio2
Crypto market cap grew from $412b to over $515b in the week to sit at approx $490b at time of writing.
Most of this has gone into the popular bitcoin ensuring my USD balance rises (still in -ve) but also strengthening BTC against my altcoins.
BTC is rising in a steady trend, not being overly volatile right now. But, now the Chinese New Year is over, could Crypto’s be where the Asian money gets pumped into?
This could be a great opportunity to get into crypto’s if you’ve not already done so. However, make sure you do it properly! Make sure you get educated and know how to ensure YOU hold the controls to your accounts.
Currently, my Altcoin value to Bitcoin value puts me at about -6%
However, looking at the value in fiat, I’m looking at about -23% loss (GBP)
Total Invested £3010
Unrealised balance £2283.54
Connect with me…
Email me: firstname.lastname@example.org
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.