As I posted last, I have been trading Fundamental Announcements following the Explosive Profits Strategy. So far, so good. I made 65 pips a couple nights ago. That would have been a decent gain if I were still trading 7 micro lots. My lots have been cut to 1 micro lot, until I gain more experience in trading. This has been done to minimize my losses. This has of course minimized my gains as well. The trade was an incredible trade, it only took about 2 hours till completion. My gain was only $6.50 due to the small lot sizes traded. This is a paltry sum, but as I stated earlier this money is education money. I am trading so that I can learn. As I progress and stay profitable my lots will slowly increase until I am able to make good money trading. I am expecting this to take a year or more, I only hope my account can survive to become profitable. So far for the week I am up 38 pips, I have had a few losses that cancelled out a little of my profit. If I were trading mini lots this would be a $38 profit. If I were trading a standard lot it would be $380, not bad for a beginner. Sorry I have not been updating as often as I would like, I am working a full time job during the day, then getting up at all hours of the night to trade forex. I have been running on fumes, getting about 3-5 hours of sleep a night. This will all be worth it in the end though. I am determined to learn this business, and when I do the results will be shown here. I am sorry if this post is incoherent, I am very tired right now and not in the best of moods. I will read it again this weekend and make modifications as needed.
Happy Trading!
Rgrace
