End of the week March 04, 2011. Same account started in November. As the USOil rises, it is also getting very tight at the top. Just a matter of time before profit takers jump in. Needless to say, bets are carefully measured and matched with the News (Fundamental Analysis) and Charts (Technical Analysis).
One week profit is $8k ... ballpark.
Below are some profit taking charts and the detailed day to day account. This account is a virtual/demo account. I trade TWO practice accounts as I trade a real account. Practice or demos are the same exact TS II platform used in real accounts. EVERYTHING is identical. The only difference is virtual money and real money played. And with a real account, you get a news feed that is very close to real time, but not quite, and that also makes a difference.
In opening a real account for as little as $300 or $500 (mini accounts) you can start playing with real money and access the news feed plus tech analysis available only to real account holders.
Warning: Play a demo for at least 3 months before playing a real one. My suggestion to open a real account for as little as $300-500 is simply to access news that do not appear in practice accounts. When you are ready to play real money, have a bigger capital to absorb the routine and normal up and down price movements. Playing real money is heavy on our nerves in the beginning and that affects your 'game' altogether but it gets better as you take in profits....and even losses.
To learn more and for questions , contact me at: blackhawk74@yahoo.com
Click the links below to see this week's action and account balance:
Note: The Closed Trade List shows a partial record thus it will show a smaller amount of total gains and losses. This is controlled by FXCM . The more complete record of trades is in the Account Activity section.
A Total of $8K plus profits in one week
Charts:
USOil at $104.71 per barrel WTI
Cheers!!!
When we do everything for the Lord, money presents a whole new face and meaning.
Joe Joson
USA
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