About this blog:

CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026






Sunday, November 20, 2011

First Trade

Long Cable (GBP/USD) @ 1.57500  - 800,000
Money at risk 25K
SL - 1.57000
TP - 1.62
Risk/Reward .005/.048 = .0800

Most Lost = 4000
Most Gained = 38,400

3 comments:

  1. Hey Geno,

    I'm interested in your contest here... Is it one trade every week submitted Sunday night? $100,000 account only (I didn't understand the margin bit)
    Long term FXA is not a buy until it takes out the Oct low.... That means the dollar has some more upside, though a small bounce is due. Good Luck.
    Let me know and I'll start entering picks. ~Q

    ReplyDelete
  2. Anon-

    This is gonna be harder than I thought. I don't know how to verify a trade so it's "On Your Honor" your honor. Just post a comment on the latest post with your trade and I'll keep track. I'm -4% so far so you should be okay!

    Thanks,

    Jim

    ReplyDelete
  3. eToro is the ultimate forex trading platform for beginner and professional traders.

    ReplyDelete