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.
A quiet day all round…
Total Invested £3360.00
Unrealised balance £2877.35
Forex/Indices/Commodities – Trading using FXCM
- AUSUSD – Long (TJ) – TP1 already hit, TP2 TSL active
Currently focussing on a single entry signal crossed with finding where there may be support/resistance assistance or barriers.
This has kept me out of taking a couple of signals, such as GBPCAD long. A signal has been generated and it’s moved favourably, but it may not have far to move due to nearing a level of resistance. If that resistance holds, we would only see our trade move back against us and take out our stop loss long before we’ve locked in profit.
I’ll keep an eye on GBPCAD over the next few days and see how it does actually play out.
Focussing on these S/R levels on the daily charts gives me a better sense of market movement which will only become more reliable over time.
Total Invested £1000.00
Unrealised balance £1002.88
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:
Crypto’s continue on their January nose dive… but the end of the month is near.
I read an interesting article today on why the markets tends to dive around this time of year and it covered factors like the Asian markets pulling out funds for their expensive gift giving at this time of year. Also a lot is pulled out the market to defer tax payments for a year. As well as some other key points which have amplified the Crypto market (it is very volatile after all) such as a high percentage of inexperienced investors jumping on the bandwagon in the December spike, panicking over losses and pulling out funds instead of holding on for the long term, then theres the recent Korean regulations scaring people away too (don’t worry, it’ll recover just like after the Chinese scare).
Unfortunately, I cannot find the link again but will search for it tomorrow (I’ve stuck a post-it on my monitor to remind me!)
Total Invested £2260.00
Unrealised balance £1757.73
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)
Total Invested £100.00
Unrealised balance £116.74
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.