Tuesday, May 31, 2011

Long term investment

Previously i can't login to TradeInterceptor after the app update. I thought it is due to my FXCM demo account expired. Later I found out I used wrong username and password to login. Thus I didnt monitor my trade for about a month time.

The last moment I login to FXCM via TradeInterceptor, my account suffer losses more than USD$15k due to sharp drop in gold and silver price. At that moment, I

Wednesday, May 4, 2011

Terrible drop in Gold and silver price

Silver price continues to drop.
Gold price suddenly drop.

My account balance also drop :-(

Forex is really a risky trading due to its nature of high fluctuations












posted from Bloggeroid

Tuesday, May 3, 2011

Silver price drops drastically

Silver price drops drastically after Comex increased the margin requirements for trading silver.

I suffer big losses in silver trading. It was my mistake. I shall not go against the news. I already read the news of margin increase on silver yet I continue to open new buy trade in hoping the silver price will bounce back.

Well, I have enough money in account to wait for silver to bounce back but