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Proud and Hoping
15 years ago
Tuesday, September 28, 2010
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Making money by trading money. Records of a day-trader.
Important --- READ THIS FIRST!
Trading in the Forex market is a challenging opportunity where above average returns are available to educated and experienced investors who are willing to take above average risk.
Before deciding to participate in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite.
Most importantly, do not invest money you cannot afford to lose.
IF YOU FIND VALUE IN MY POSTS AND PREDICTIONS HERE AND WOULD LIKE TO FOLLOW MY TRADES, PLEASE DO SO AT YOUR OWN RISK.
Before deciding to participate in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite.
Most importantly, do not invest money you cannot afford to lose.
IF YOU FIND VALUE IN MY POSTS AND PREDICTIONS HERE AND WOULD LIKE TO FOLLOW MY TRADES, PLEASE DO SO AT YOUR OWN RISK.
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What's a PIP?
In every post in this blog, you will read the term 'pip'. So, what is a 'pip'?
A PIP (or Price Interest Point) is the basic unit that forex traders use to describe price movements of a currency pair.
For example, if the pair EUR/USD moved from 1.2000 to 1.2001, the pair moved +1 pip. If it moved from 1.2000 to 1.9999, the pair moved -1 pip.
Because of the highly-leveraged nature of forex trading, a pip can equal 10 cents ($0.10) up to $100.00, depending on how a forex trader sets his account.
My Forex trading account is setup such that one pip gives or takes from me one dollar ($1.00) on average.
Check my score below to see how many pips I've gained this month.
A PIP (or Price Interest Point) is the basic unit that forex traders use to describe price movements of a currency pair.
For example, if the pair EUR/USD moved from 1.2000 to 1.2001, the pair moved +1 pip. If it moved from 1.2000 to 1.9999, the pair moved -1 pip.
Because of the highly-leveraged nature of forex trading, a pip can equal 10 cents ($0.10) up to $100.00, depending on how a forex trader sets his account.
My Forex trading account is setup such that one pip gives or takes from me one dollar ($1.00) on average.
Check my score below to see how many pips I've gained this month.
My Score - 2013
2013: +720 pips
February: +172 pips
January: +548 pipsFeb 1: +178 pips
Jan 2: +287 pips
Jan 4: -92 pips
Jan 10: +90 pips
Jan 10: +90 pips
Jan 11: +114 pips
Jan 14: +81 pips
Jan 23: +30 pips
Jan 30: +38 pips
My Score 2009 - 2010
2010
Total: + 200 pips
========================
2009
June +2,952 pips
July -524 pips
August 0 pips
September +1,318 pips
October -988 pips
November +3,126 pips
December +220 pips
Total +6,104 pips
January +140 pips
July +60 pips
Total: + 200 pips
========================
2009
June +2,952 pips
July -524 pips
August 0 pips
September +1,318 pips
October -988 pips
November +3,126 pips
December +220 pips
Total +6,104 pips
My Score (September '09)
Aug 31 - Sep 4: +120 pips
Sep 7 - Sep 11: +140 pips
Sep 14 - Sep 18: +414 pips
Sep 21 - Sep 25: +348 pips
Sep 28 - Oct 2: +286 pips
September: +1,318 pips
Sep 7 - Sep 11: +140 pips
Sep 14 - Sep 18: +414 pips
Sep 21 - Sep 25: +348 pips
Sep 28 - Oct 2: +286 pips
September: +1,318 pips
My Score (August '09)
Week 32 (Aug 3-7) -128 pips
Week 33 (Aug 10-14) +128 pips
Total (Aug): 0 pips
My Score (July '09)
Week 27 (Jun 29-Jul 3) +232 pips
Week 28 (Jul 6-Jul 10) -456 pips
Week 31 (Jul 27-Jul31) - 300 pips
Total for July
-524 pips
VIEW MY TRADES THAT ARE IN PROGRESS
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About Me
- Ric
- Cavite, Philippines
- Married and father of 2, Jack of many trades, Technical Training Engineer, PC Grease Monkey, Linux User, Forex Day-Trader, Airsoft gunner and a journeyman in this journey called LIFE --- not to mention that I'm a geek and terribly-cute. Get it? Terrible and cute.
Comment or Ask me about FOREX --- I'll Respond
Online Learning
Ric's learning materials about Online Forex Trading will be posted here soon... hang in there!