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I had my first Forex trade in 2004, from memory. AUDUSD it was, and I was delighted to nail a 600 pip profit. And at about the same time I had another nice trade of 600 pips or so in USDCAD. I was starting to think I had the game sewn up until I hit a bit of a rough patch with a run of losing trades caused mainly by inexperience.Took a while to sort things out and learn what to do and what not to do. Matter of fact I'm still learning, still making a few mistakes here and there, still increasing my knowledge and honing my technique.As for stats, I have my trading results on record, but I also have a policy of never ever ever divulging my trading results. When I started trading about 12 years ago an experienced trader told me 'win, lose or draw, you never talk about your trading results. Not even if you're making massive returns.'I took his lesson to heart, and I've never discussed my trading results with anyone except a couple of close trader friends with whom I swap notes.Suffice to say that trading FX from end of day charts can be very profitable if you stick to the basics such as trade with the trend, cut losses fast and let profits run, use stringent money management rules, etc etc.
I had my first Forex trade in 2004, from memory. AUDUSD it was, and I was delighted to nail a 600 pip profit. And at about the same time I had another nice trade of 600 pips or so in USDCAD. I was starting to think I had the game sewn up until I hit a bit of a rough patch with a run of losing trades caused mainly by inexperience.
Took a while to sort things out and learn what to do and what not to do. Matter of fact I'm still learning, still making a few mistakes here and there, still increasing my knowledge and honing my technique.
As for stats, I have my trading results on record, but I also have a policy of never ever ever divulging my trading results. When I started trading about 12 years ago an experienced trader told me 'win, lose or draw, you never talk about your trading results. Not even if you're making massive returns.'
I took his lesson to heart, and I've never discussed my trading results with anyone except a couple of close trader friends with whom I swap notes.
Suffice to say that trading FX from end of day charts can be very profitable if you stick to the basics such as trade with the trend, cut losses fast and let profits run, use stringent money management rules, etc etc.
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