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.

Apr 8, 2016

Forex Weekly Overview (+2%)

Well the week was pretty slow until Thursday. This hedge I had on from last Friday was in the gbp/usd and I have not used this very much since starting the 8 sided forex hedging (using triangular arbitrage structures). So there was pretty much no movement so I ended up taking some risk Thursday night as I went to flip my positions around.

Apr 2, 2016

March 2016 Online Income Report (doubled income) Approaching $2,000

Ok, it's April 1, 2016 so I went through and did all my earnings for March. As you know I am trying to help other people find ways to apply work theory so they can gain freedom in their own life and become happier doing what they live to do. This month my passive income from website earnings was flat, financial consulting work was up huge, and trading course sales were slightly up.

Apr 1, 2016

Managing Risk in a Chaotic System (forex and options trading)

It was a really nice end to the week. I got lucky with NFP as I took some risk going into the number. As you know I am willing to accept some risk if I get into it the right way. The only reason I am accepting this kind of exposure and not holding the entire 8 position hedge on at once is because I still am trying to trade myself up to enough capital to have all 12 on at once.

Mar 25, 2016

Forex Trading Update (4%) This Week

Well what is happening? Happy Easter to everyone and let's get into the trading this past week. The best thing that happened was a little direction play in the gbp/usd. They pair still owes me a lot as I try to aggressively grow my capital back up.

Mar 18, 2016

Teaching Forex Trading in a Way Retail Traders Can Profit

Welcome to the end of the week and we had some gigantic forex moves after FOMC this week. The gbp/usd moved up 400 pips (I had no exposure there) and the usd/cad, eur/usd, nzd/usd, and usd/jpy all swung around 200-300 pips. This is when you have opportunity and I was actually on the wrong side of the move in the synthetic hedge. However, I turned it into a profit to close out the week...

Mar 16, 2016

2.7% On Balance Forex Trading Through FOMC

Well it was a definite win on the FOMC statement. Fed basically saying they are scared to heighten rates (get those mortgages locked in!) and with this everyone is jumping back into the market as SPX skies to new heights. With the trading strategy I am using in forex, it ended up allowing me to take of some profits in the synthetic cross hedging positions and get a new one on to play the rest of the move.