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.
Back to the charts after last half of last week being out of action.
Although I occasionally checked the charts, I struggled to focus and found myself making silly calculations, hence why I didn’t place any trades.
Total Invested £3360.00
Unrealised balance £3003.50
Forex/Indices/Commodities – Trading using FXCM
- AUSUSD – Long (TJ) – TP1 already hit, TP2 TSL active
I’ve found my winners are being really slow to generate the profits to cover the losing trades which get wiped out in a short time.
This is causing me to hover around breakeven, which is an improvement overall.
So, I’m going to start being super-selective with trades and double checking previous S/R resistance levels.
The more I look at the charts, the clearer these levels become. They say the first year is all about getting your feet. So, come March this year, I will have been consistently trading daily (apart from some small occasions) so I hope to see improving results this year.
Total Invested £1000.00
Unrealised balance £1000.54
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:
Unlike forex, crypto’s just don’t sleep at the weekend. I’ve checked the charts over the weekend to see the actions on the crypto’s. The market cap broke the $600b level but collapsed around $650b back down to current levels (and potential support level) at $550b.
However, January 2016 and January 2017 saw some big drops followed by flat periods. Then come February, the markets started building again and reaching new highs.
With all the buzz around crypto’s and big companies taking a keen interest, some big new companies being founded and coming online, 2018 may be a similar story with new highs being formed.
It’s the last week of January, so lets HODL on tight!
Total Invested £2260.00
Unrealised balance £1887.76
IG.COM shares spreadbetting
I’m checking these and placing trades weekly, and currently holding:
- Evraz PLC (long)
- Thomas Cook Group PLC (Long)
- Mitie Group PLC (Long)
Again, not much to mention here, this is not getting much focus apart from stop loss amendments. Small account due to moving funds over into Cryptocurrencies.
Total Invested £100.00
Unrealised balance £115.20
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.