Forex Investment Weekly Report

Sunday, March 1, 2009

Initially, 1000 cents US$ is all I need to get started. First of all,
let me explain the basic of this investment. I'm using MetaTrader4
trading platform. Fxopen is my chosen broker, and micro account
is my starting point. 0.1 lot is my preferred trading size. Senior trader
always remind me not to jump into a big start, so I decide to listen to them.
I'm not going to make a lot of money, but not losing a lot of money
is my primary concern. Trading a big size is very profitable,
but at the same time, very risky. A few pips of movement
can kill the money easily.

So far, the trade involve two pairs, namely EUR/USD and GBP/USD.
This is to keep the focus on track. The balance by the end of this week
end up at 2940. However, the account equity still stay at 1761. A few
positions are still float. Here we can see a gain of 761 cents US$ for this
week. This is a huge return of 76.1% over my initial investment. If this
account is a standard one, I have US$761 return in just one week.

Big enough, hah? Yes, for some of us, especially for me. Unfortunately,
this is not the real thing, and we are talking about demo account. What's
more important is the potential of forex trading for retail investor.
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Report by Rhonerlianz
http://www.fxopen.com

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