Trading Diary #1

I do feel super ancient when I decided to write about trading Forex in Steemit. Everyone else is writing about cryptocurrency and here I am trading real money like the dinosaur that I am.

To be honest, I’ve been toying with the idea of trading Bitcoin but due to lack of knowledge prevent me from pursuing it. That’s why I’m super grateful that I am here in Steemit, a gold mine of information about cryptocurrency that I can access any time I want. Give me some time to dig in and learn my way through. Soon I’ll have the knowledge to further my trade into the next chapter of the future.

So anyway, today I’m going to share some trades I placed this week. It has been a calm week. Major news was only Draghi speaking yesterday so I avoided Euro and Pound and focus on Yen instead. I look at fundamental aspects as well as technical but most of the time, news does not affect my trade because I trade during Asia open (less news impact). By the time US open, I’m done trading for the day.

I am a short-term position trader and a scalper when the needs arise. If the terms sounds foreign to you, just hola and for my next post, I can explain however I can. If not, there’s good ol’ Mr. Google and Babypips.com (My first Forex school and down here were my teachers)

Usually calm week makes Technical traders happy and Fundamentalist bored to death. For me, I’m nervous to trade when my own Psychology is not at an optimum level. This week, I was not feeling that well. With my nose leaking like a faucet and coughing up a storm, I just managed to give the charts a glance, place small position trade ($0.01) with TP & SL and went to sleep.

Made USD6.73 yesterday and minus a loss I made on Tuesday, overall this week I profited USD4.03. WHAT? THAT’S ALL? Yeah coz I was sick, remember? I’ll be back full gear next week. Huzzah!

P/s I only trade on Tuesday & Wednesday. Why? That’ll be for another post ☺

Ciao Steemians!