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2012 (452), 2011 (372), sell (246), buy (142), the (140), entry (122), day (85), end (84), date (73), price (64), and (62), currency (61), 2010 (58), that (56), trading (54), usdmxn (52), profit (47), lot (45), orders (45), forex (44), since (43), type (40), pair (40), size (40), account (35), gold (35), return (32), usdchf (32), net (31), 2009 (30), outstanding (30), current (27), usdcad (27), positions (25), new (25), still (24), will (24), balance (24), investing (23), for (23), eurgbp (23), can (22), settled (22), posted (21), settlement (20), exit (20), update (20), eurchf (19), month (18), usdjpy (18), euraud (18), hadcrut (18), have (17), which (15), point (15), trends (15), carried (15), these (15), audnzd (15), eurjpy (15), this (14), means (14), margin (14), before (14), audcad (14), positive (14), may (14), audjpy (14), temperature (14), ice (14), but (13), all (13), was (13), not (13), months (13), strategy (13), average (13), short (13), eurusd (13), audusd (13), usdtry 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ted in currency trading forex gold investing trading strategies tagged currency trading forex gold investing trading leave a comment forex account update as of 4 30 2012 through 11 30 2011 posted by the diatribe guy on may 4 2012 continuing my account updating outstanding orders as of end of day 10 31 2011 settled by end of day 11 30 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 10 26 2011 buy 0 01 usdtry 1 7557 11 01 2011 1 7857 14 64 10 31 2011 sell 0 01 usdjpy 77 189 11 18 2011 76 620 6 89 10 31 2011 buy 0 01 eurgbp 0 86157 11 22 2011 0 86540 5 92 net profit means profit after consideration of swap fees these can be negative or positive new orders since end of day 10 31 2011 settled by end of day 11 30 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 11 01 2011 sell 0 01 gbpchf 1 41966 11 02 2011 1 41255 7 93 11 01 2011 buy 0 01 eurusd 1 36521 11 02 2011 1 37767 12 46 11 01 2011 sell 0 01 usdchf 0 89501 11 02 2011 0 88341 13 07 11 01 2011 sell 0 01 usdmxn 13 7486 11 01 2011 13 5950 11 30 11 04 2011 sell 0 01 usdcad 1 02211 11 11 2011 1 01348 8 60 11 07 2011 sell 0 02 gbpchf 1 44243 11 21 2011 1 43480 14 97 11 15 2011 sell 0 02 usdchf 0 91496 11 30 2011 0 90998 10 18 11 16 2011 buy 0 01 audusd 1 01114 11 16 2011 1 01625 5 11 11 16 2011 buy 0 01 gbpusd 1 57850 11 18 2011 1 58407 5 57 11 16 2011 buy 0 01 audcad 1 03449 11 30 2011 1 04354 9 97 11 17 2011 buy 0 02 eurusd 1 34279 11 17 2011 1 35112 16 66 11 17 2011 sell 0 02 usdmxn 13 7290 11 18 2011 13 6425 12 72 11 17 2011 sell 0 01 euraud 1 34825 11 29 2011 1 33338 16 29 11 23 2011 sell 0 02 usdmxn 14 0945 11 29 2011 13 9595 19 76 11 23 2011 sell 0 02 usdcad 1 04595 11 28 2011 1 03276 26 68 11 25 2011 buy 0 02 eurusd 1 32475 11 28 2011 1 33431 19 12 11 29 2011 sell 0 02 usdjpy 78 230 11 29 2011 77 799 11 08 new orders since end of day 10 31 2011 still outstanding as of end of day 11 30 2011 date of entry type of entry currency pair lot size entry price 11 07 2011 sell 0 01 eurchf 1 22875 11 30 2011 sell 0 01 gbpjpy 122 416 carried orders since before end of day 10 31 2011 still outstanding as of end of day 11 30 2011 date of entry type of entry currency pair lot size entry price 08 04 2011 sell 0 01 usdcad 0 96454 08 04 2011 sell 0 01 usdmxn 11 8786 08 08 2011 sell 0 01 usdmxn 12 1198 09 06 2011 sell 0 01 usdchf 0 82308 09 08 2012 sell 0 01 usdchf 0 86223 09 09 2011 sell 0 01 usdmxn 12 6103 09 16 2011 sell 0 01 usdmxn 13 0215 09 21 2011 sell 0 01 usdcad 0 99709 equity balance 11 30 2011 4 002 51 current month return 1 89 initial 10 31 2009 balance 2 360 46 current yield since inception 69 56 annualized return 28 87 average monthly return 2 13 11 1 2009 7 31 2010 89 71 8 1 2010 10 17 2010 the date at which point i ceased the short strategy and liquidated positions 34 35 10 18 2010 12 31 2010 11 94 1 1 2011 1 31 2011 7 23 2 1 2011 8 31 2011 29 80 9 1 2011 9 30 2011 20 68 10 1 2011 11 30 2011 27 34 journal notes posted in currency trading forex gold investing trading strategies tagged currency trading forex gold investing trading leave a comment forex account update as of 4 30 2012 through 10 31 2011 posted by the diatribe guy on may 4 2012 continuing my account updating outstanding orders as of end of day 09 30 2011 settled by end of day 10 31 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 09 02 2011 buy 0 01 eurgbp 0 87695 10 27 2011 0 88034 5 44 09 09 2011 buy 0 02 eurusd 1 38658 10 24 2011 1 39348 14 06 09 09 2011 buy 0 01 audusd 1 04806 10 27 2011 1 06241 19 98 09 12 2011 buy 0 02 audcad 1 02912 10 12 2011 1 03376 14 33 09 21 2011 sell 0 01 usdchf 0 89256 10 21 2011 0 88409 8 38 09 21 2011 buy 0 01 audusd 1 01684 10 14 2011 1 02404 10 17 09 23 2011 buy 0 01 xauusd 1676 42 10 11 2011 1680 93 4 38 net profit means profit after consideration of swap fees these can be negative or positive new orders since end of day 09 30 2011 settled by end of day 10 31 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 10 12 2011 sell 0 01 gbpjpy 120 825 10 18 2011 120 225 7 50 10 12 2011 sell 0 01 eurjpy 106 969 10 13 2011 105 569 18 07 10 14 2011 sell 0 01 eurchf 1 23859 10 20 2011 1 23021 8 95 10 14 2011 sell 0 01 eurjpy 106 935 10 17 2011 106 540 5 06 10 20 2011 sell 0 01 gbpchf 1 42603 10 20 2011 1 40925 18 76 10 20 2011 sell 0 01 usdmxn 13 6283 10 24 2011 13 4643 12 40 10 31 2011 sell 0 01 cadjpy 78 813 10 31 2011 78 280 6 84 new orders since end of day 09 30 2011 still outstanding as of end of day 10 31 2011 date of entry type of entry currency pair lot size entry price 10 26 2011 buy 0 01 usdtry 1 7557 10 31 2011 sell 0 01 usdjpy 77 189 10 31 2011 buy 0 01 eurgbp 0 86157 carried orders since before end of day 09 30 2011 still outstanding as of end of day 10 31 2011 date of entry type of entry currency pair lot size entry price 08 04 2011 sell 0 01 usdcad 0 96454 08 04 2011 sell 0 01 usdmxn 11 8786 08 08 2011 sell 0 01 usdmxn 12 1198 09 06 2011 sell 0 01 usdchf 0 82308 09 08 2012 sell 0 01 usdchf 0 86223 09 09 2011 sell 0 01 usdmxn 12 6103 09 16 2011 sell 0 01 usdmxn 13 0215 09 21 2011 sell 0 01 usdcad 0 99709 equity balance 10 31 2011 3 928 31 current month return 24 98 initial 10 31 2009 balance 2 360 46 current yield since inception 66 42 annualized return 29 00 average monthly return 2 14 11 1 2009 7 31 2010 89 71 8 1 2010 10 17 2010 the date at which point i ceased the short strategy and liquidated positions 34 35 10 18 2010 12 31 2010 11 94 1 1 2011 1 31 2011 7 23 2 1 2011 8 31 2011 29 80 9 1 2011 9 30 2011 20 68 10 1 2011 10 31 2011 24 98 journal notes well i confirmed it i actually had received an e mail i get account balance e mails every day so i probably just missed that it was something else dear trader as a result of the dodd frank wall street reform act new regulations will be coming into effect on july 16 2011 all u s based retail forex dealers such as fxdd will be prohibited from offering leveraged trading in precious metals to retail clients after friday july 15 2011 as a u s based trader fxdd will no longer be able to offer you leverage based trading of gold and silver as of 4 p m edt july 15 2011 it is fxdd s current plan to continue to offer our u s based traders the opportunity to trade gold and silver however on a 1 1 non leveraged basis which will require substantially more margin if you do not have sufficient margin to cover your open metal positions on a 1 1 basis you will need to reduce your exposure before 4 p m on july 15 or risk all remaining open positions in gold or silver being closed out automatically and the remaining balances deposited back into your trading account the new regulations will not affect other forex pairs and as always fxdd remains committed to bringing new and innovative products to our clients we appreciate your understanding and loyalty we look forward to your continued business now and into the future sincerely fxdd so looks like that s what happened damn now i ve got a bunch of money tied up in a non leveraged asset currently at a loss i ll wait it out a bit and see what happens over the next week or two but this is clearly not the best use of my money well thank god the government is protecting me from myself wouldn t want to go bankrupt by leveraging a bunch of gold my fault though missed the message they sent on it oh well so much for that whole thing ok i m back to my strategy looked at the charts and my spreadsheets and now have a number of pending orders at target entry points will continue to watch the total number of positions i m in but now that the margin s freed up i can get back to things as planned i was asked the question as to the average capital tied up on each trade at 50 1 leverage my average capital tied up per microlot is a bit light of 35 so when i target a 5 profit per microlot it is a 14 15 return on actual utilized captial however i never have all my capital tied up in margin so actual returns on total account is far less posted in currency trading forex gold investing trading strategies tagged currency trading forex gold investing trading leave a comment forex account update as of 4 30 2012 through 09 30 2011 posted by the diatribe guy on may 4 2012 continuing my account updating outstanding orders as of end of day 08 31 2011 settled by end of day 09 30 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 08 24 2011 sell 0 01 usdmxn 12 4326 09 01 2011 12 3730 5 60 net profit means profit after consideration of swap fees these can be negative or positive new orders since end of day 08 31 2011 settled by end of day 09 30 2011 date of entry type of entry lot size currency pair entry price date of settlement exit price net profit 09 02 2011 buy 0 01 eurusd 1 42110 09 02 2011 1 42752 6 42 09 05 2011 sell 0 01 usdmxn 12 5700 09 07 2011 12 4400 10 61 09 05 2011 sell 0 01 usdcad 0 99248 09 07 2011 0 98629 6 30 09 06 2011 sell 0 02 usdjpy 77 479 09 12 2011 77 068 10 36 09 06 2011 buy 0 02 eurusd 1 40018 09 07 2011 1 40661 12 87 09 09 2011 sell 0 01 usdcad 0 99634 09 13 2011 0 99098 5 43 09 12 2011 buy 0 01 eurgbp 0 85950 09 12 2011 0 86287 5 34 09 12 2011 sell 0 01 usdmxn 12 8792 09 13 2011 12 8007 6 21 09 13 2011 buy 0 01 audnzd 1 25341 09 23 2011 1 25895 4 85 09 14 2011 buy 0 01 audusd 1 02539 09 15 2011 1 03112 6 10 09 14 2011 sell 0 01 usdmxn 12 9929 09 15 2011 12 8712 9 69 09 19 2011 sell 0 01 usdchf 0 88542 09 20 2011 0 88076 5 25 09 19 2011 buy 0 01 audusd 1 01758 09 20 2011 1 02734 9 88 09 19 2011 swap revision 0 40 09 21 2011 sell 0 01 usdmxn 13 4487 09 27 2011 13 3390 8 67 09 21 2011 buy 0 02 eurusd 1 35926 09 27 2011 6 57 09 22 2011 buy 0 01 chfjpy 84 768 09 23 2011 84 845 0 96 09 22 2011 sell 0 01 euraud 1 36828 09 27 2011 1 36804 0 68 09 22 2011 buy 0 01 audcad 1 00790 09 27 2011 1 01418 6 44 new orders since end of day 08 31 2011 still outstanding as of end of day 09 30 2011 date of entry type of entry currency pair lot size entry price 09 02 2011 buy 0 01 eurgbp 0 87695 09 06 2011 sell 0 01 usdchf 0 82308 09 08 2012 sell 0 01 usdchf 0 86223 09 09 2011 buy 0 02 eurusd 1 38658 09 09 2011 sell 0 01 usdmxn 12 6103 09 09 2011 buy 0 01 audusd 1 04806 09 12 2011 buy 0 02 audcad 1 02912 09 16 2011 sell 0 01 usdmxn 13 0215 09 21 2011 sell 0 01 usdchf 0 89256 09 21 2011 sell 0 01 usdcad 0 99709 09 21 2011 buy 0 01 audusd 1 01684 09 23 2011 buy 0 01 xauusd 1676 42 carried orders since before end of day 08 31 2011 still outstanding as of end of day 09 30 2011 date of entry type of entry currency pair lot size entry price 08 04 2011 sell 0 01 usdcad 0 96454 08 04 2011 sell 0 01 usdmxn 11 8786 08 08 2011 sell 0 01 usdmxn 12 1198 equity balance 09 30 2011 3 143 11 current month return 20 68 initial 10 31 2009 balance 2 360 46 current yield since inception 33 16 annualized return 16 91 average monthly return 1 25 11 1 2009 7 31 2010 89 71 8 1 2010 10 17 2010 the date at which point i ceased the short strategy and liquidated positions 34 35 10 18 2010 12 31 2010 11 94 1 1 2011 1 31 2011 7 23 2 1 2011 8 31 2011 29 80 9 1 2011 9 30 2011 20 68 journal notes interesting market right now apparently people believe the fed actions will make the dollar stronger and not just relative to other currencies but to other metals my read on this is it s a short term perspective since i am trading small lot sizes with a longer term view that the trends will ultimately continue i continue to trade according to that mindset i haven t budged on that unfortunatley what that means at the moment is that i am getting friggin hammered on an unrealized basis if i m wrong and this is a long term new trend then i will have a difficult time recovering if i m right then the positions i am loading up on will yield a lot of upside potential that will manifest itself at some point in the future getting a lot of exposure on carried trades all at a current loss due to the various position sizes i d like to actually trim that back a bit so i ll probably take quicker profits than normal on a couple positions when available i have also deleted all pending orders so i will just be letting these trades ride for the moment i d need quite a swing yet to threaten capital reserves but i don t want to be overly stupid here and get into that situation by continuing to trade if the market stabilizes then i can reassess when to enter new limit orders while i hate seeing negative dollars on my carried trades these are the weeks that make the market fun it s volatile and somewhat random in my case i look at it in a need to spend money to make money sort of way i m buying selling retraces and ultimately expect the prevailing long term trends to continue whenever that happens the account jump will more than offset the decline of course i could be completely wrong in my backtesting before doing this i did see similar swings occur this is a stay the course strategy that does of course carry the risk that it doesn t bounce back it is what it is if and when price bounces back to execution levels i will recoup the entire 20 i m down and make additional profit as well if it doesn t i won t so don t be overly surprised if there are very high returns in a month or two at some point or higher than average returns over a number of months i guess by the same token i shouldn t be shocked if current trends continue and i lose even more i believe the reason i ran into margin issues is that you can no longer buy gold on margin a few months ago it was posted that gold would no longer be available for trading via forex i was ticked off and then the date passed and gold was still available on my account so i didn t really look into it figuring that the article was overblown or inaccurate or something in the meantime price shot up and i waited all this time for it to fall i finally had gold meet my target price and i bought and it executed so i didn t think much about it when i tried to buy a second position it didn t let me which seemed odd then i saw my margin and realized that the difference between equity and margin must have been less than avialable margin requirements allowed only later did i start doing the math to realzie that the margin was really really high i think what happened is that gold can now be purchased but only at full price so now for every ounce of gold i buy it s tying up 1600 1700 in margin so now i ve needed to limit my positions so as to not get a margin call but i ve pretty much decided that if i need to i ll just close my gold position at a loss rather than add additional capital and then i m done with trading the metals on forex which pretty much sucks but i can still trade the currencies at the 50 1 leverage and my required margin will be much lower and allow more flexibility i think what happened here is that as part of the dodd frank bill you know ...
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