May 20, 2016

Max Drawdown for Forex Strategy (sitting around 5%)

Happy Friday traders and I hope your week was strong. For me, as you may have been watching, has been up and down about $10 in the last 15 or so trading days. This is the slower part of the forex strategy that my account is using. There is some really bright takeaways from this.

May 13, 2016

Quantitative Trading (what it means to retail forex)

There is a lot of buzz and talk of quant trader or quantitative traders, but what does it actually  mean and is this type of thing available for the average person to do. Firstly, quantitative trading can mean a few different things. What I will cover is what can be replicated by anybody and it involves the forex market.

May 10, 2016

Forex Equity on the Rise Today

What a fun day. So after adding the e/g and e/a cross hedges and keeping the usd/jpy going, the equity has finally come back to nearly a break even on the initial position I started last week. Today was also the first day I had an actual standard deviation and bell curve measuring my equity change.

May 9, 2016

Forex Quad Management on MT4 and Statistical Analysis of Trading Strategy

Ok so where to start. I have been busy this weekend figuring out the best way to explain/demonstrate what it's like to trade the forex triangular hedging strategy in terms of statistical analysis. So, that is where I will start and then move to the trade activities of today as I did take off the bottom quad I have had on for a week.

May 6, 2016

Market Stagnation

Well, just to speak on forex trading this week, my overall position literally move up and down no more than $2 either way.

May 4, 2016

Think Like a Broker

This goes for a trader or anyone in general that is making any sort of financial decision. Think like a broker. What does that mean and how will it help you build wealth? That is what we are exploring today.

May 1, 2016

Passive and Active Income Report (April 2016) Best Month Yet: $2,389.76

Well it's a new month and that means a new review of my financial picture. It has been exciting and my schedule is getting busier as the financial consulting work grows. As far as making money online goes, it has been a tough go for me over the past 5 years, but now things has just started to click.

Apr 27, 2016

Huge Day into FOMC (profit taking and no legging necessary)

Well it was one of the best trading days I have ever had. I am not talking about the size of the profits, but in the way they were attained. This was a clean 4 day trade using the synthetic triangular hedges and I was able to pull in 2.5%. There was little stress and the profit came heading into FOMC so that means after taking this position off I was able to wait a few hours and get another position on to play the Fed number.

Apr 22, 2016

Weekly Forex Overview (trading hedges)

Ok, well it was a really great end to the week after a very slow start and a small loss last week in the forex account. As you know I stayed in the gbp/cad and gbp/jpy cross synthetic hedges even though there was no profit at all last week and into Tuesday this week. I finally cracked though...

Apr 16, 2016

Proud of Myself for Not Legging

Well this past week was sort of interesting you could say. I started off on Monday with some strong profits from a position that was on the prior week. After that, I got into a new cross hedge in the gbp/cad and gbp/jpy, which I have never done before.