Recent content by a_gnome

I realise that I've not posted in my journal for several months now. This is mainly because things have been going rather well and I hadn't felt the need to unburden myself. So what's been happening in the intervening months? I've been carrying on making money and increasing my size. My stats...

I've not done an update for several weeks so sorry about that. Usually in such cases it's because things have gone rather pear-shaped by in my case it's the reverse: things have been going very well, which is nice. There have been a total of 5 weeks trading since my last update and I'm pleased...

I use IB for my forex trading: I like their platform & the tight spreads. However it's been pointed out to be that IB, along with many other brokerages, indulge in re-hypothecation (lending on of client assets) often multiple times. This means that should things all go pear-shaped it's not at...

Wow, what a volatile week! I started the week on a 2.26% drawdown from equity highs. After having missed so much stuff last week I decided that I was really going to go for it and to take all my signals. The result was a massive series of losses and by mid week I'd lost a whopping extra 5%! Then...

What an "interesting" week (I'm stopping on Thursday as I'm off on holiday tomorrow). In terms of performance it was pretty terrible with a net result of -2.26% but that rather belies the strides that I've made this week. I've started keep a strict "what I should have got" score so that I can...

Another week over and I managed to make just over 1% this week which, thankfully takes me to new equity highs again. I'm still missing some good trade entries and I've had to "re-calibrate" myself as far as my attitude to some trade set-ups. One of the issues is that the really good pullbacks...

Well, I've not posted for a couple of weeks. This was partly because last week it rather felt like I was losing my way totally. I was starting to fret about my lack of progress and started to do trades that were rather "non-standard". It's a testament to how my trading has come on that despite...

Hi rsh01 Thanks for your comments. I entirely take your point about this journal not being very likely to attract many comments etc. - it is rather a self-indulgent affair at present with not much in the way of practical detail for people to get their teeth in to. Having said that, I do find it...

Another week over and it's been a bit of a rollercoaster. I had a couple of nasty losses on my news trading which is normally the most profitable part of my trading. There was nothing wrong with what I did and I'd do it again if I had to but it rather smarts. I was down over 2% on those two...

Well, I decided not to trade today (Friday) and instead to stand pat on my weekly total of +1.4%. That's a bit more than half my Drawdown clawed back and another week like that and I'll be back to new equity highs. There was some strong movement in Cable today though it would have been quite...

I've just spent an hour or so going through the market action this week and actually I don't think that I've missed much. Apart from a decent move in the EUR on Monday it's been very choppy and rangy so all in all I'm pleased to be up 1.4% on the week. What's more I've already added a new entry...

Let me start by saying that I'm not sure about doing this at all and it's possible that I may decided that I don't want to carry on so be warned! Having said that I do find journalling is a very useful process for getting one's thoughts clear in one's head so I'm hoping to find it all...

No replies I see so I'm guessing that no one has actually used them. I tried out the demo and it all looks pretty good though their web based trading platform is a bit simplistic and lacks some functionality which I dare say will come with time.

I've just come across LMax, which is a new FX trading exchange set up by the Betfair people. They seem to be applying the Betfair principles to FX trading offering a full exchange with spreads which are generally tighter than Interactive Brokers (whom I use at present) and with comparable...

Can you give more details, e.g commission costs, typical spreads & how many banks are market making on your platform? I'm using InteractiveBrokers' FX ECN at the moment if you want to make a comparison.