Forex... and onto the next competition!!!
By ahgong
@ahgong (10064)
Singapore
March 24, 2010 2:35am CST
My activities at mylot has slowed down quite a bit in the recent months.
I have been busy working on my strategies to trade. And trying to document them as I go along in the hopes that one day I will be able to share my earning power with others.
The last competition ended and my new strategy worked out pretty ok. 18++% returns on my game account. Looking at some of the results of the other competitors, I am just getting average returns.
The top fella actually got more than 52% returns! I was amazed.
Well, the next competition has started. And I am already in the game!
Now that I have refined my strategies, I sure hope I perform better this time around!
So far so good. Made a few trades yesterday. Trending bear market so far and managed to catch most of the trend. And it will continue for a while to come!
I so want to win the top prize for the game!
So wish me luck!
3 responses
@kun2349 (23381)
• Singapore
29 Mar 10
lol =D U are really serious in forex huh!! Is it really that good for investments and earnings?? And which is why u are so much into it?? hehe
Well, at least u did gain 18% on the last competition, which is much more better than having a deficit!! lol =D Dun be greedy, and u will find yourself going a longer way, to more earnings in the future!!
Better luck for this competition, and may the earnings be more than 25% this time!! haha
@ahgong (10064)
• Singapore
29 Mar 10
Well, if you can do it right, it could be a source of income. Right now, I am polishing my skills via competitions with fake accounts, in the hope of at least winning something for my efforts while I train.
Till I am sure I can trade consistently, competitions with cash prizes to motivate are the way to go! If you are really interested, we can do more discussions on this. No problem!
25%? I am targeting to double my account value at the end of the competition month!
@zandi458 (28102)
• Malaysia
24 Mar 10
I am still in the dark as to how forex works. It is good that you are on a winning edge there and hopefully you come out a polished player in the competitive world of forex trading and you could one day be our mentor. I am sure many are keen to earn online only if they are well versed with the technic know how of playing in forex as many are already earning successfully there.
1 person likes this
@ahgong (10064)
• Singapore
24 Mar 10
It ain't difficult to learn.
It is the discipline and patience part that is hard to master.
One that I cannot say that I did.
Go through my blog and you will be able to pick out some tips on how Forex works.
If need be, start a discussion here and I will be more than happy to entertain them in-between trades!
@carloadriancanon (206)
• Philippines
24 Mar 10
I wish you luck....
Congratulations for the success you've made.
I am also trading in forex recently but I burned a lot of my first deposit. I am a newbie in forex trading. I am hoping to learn from experts like you.
I hope you could share with me some of your strategies.
1 person likes this
@ahgong (10064)
• Singapore
24 Mar 10
Actually I did. This was the trading strategy I used before.
you can check it out in my blog -- http://gnmdoubletomillion.blogspot.com/2009/12/journal-entry-2009-12-23.html
in case the link did not work well, you can try copying and pasting the following in your browser:
hxxp:**gnmdoubletomillion.blogspot.com*2009*12*journal-entry-2009-12-23.html
by replacing the 'xx' with 'tt' and '*' with '/'