Forex statistics
Just looking at a few stats for my forex account and it looks quite interesting. On the trade presently running it is making 0.67 cents per day in interest. Not much you say !! Take 0.67 cents and multiply by 365 you get 244.55 which when turned into a percentage of the balance as it is now is a whopping 50.28% Which is amazing compared to the interest you can expect at a bank.
Also don’t forget that the 50% interest per year is only the tip of the iceberg, there is also the money to be made from the trading. I have the robot trading for me and whenever there is 2% profit there not including the interest already taken it will close all of the trades and start a new position.
Then on top of that there is the grid trading. So far this month I have nearly 4% of profit just from grid trades. Last month was 5% for the month.
I suppose you could be wondering now why it is you are not trading forex?? Well it is not without risk but if you are following the Forex For Smarties system of trading you will be as protected as you can be, assuming you put reasonable numbers into the calculator or the robot when you set it up.
March 23rd, 2008 at 5:17 am
I saw your video on youtube in which you seemed to have an overhead shot of the horses positions in running. How do I get the same?
Regards
Geoff W
October 23rd, 2008 at 5:58 am
Great post mate, well written!