Monday, 26 May 2008

100% per Day

Wow, quite a return when expressed percentage-wise. This is the profit from my first two trades. It could have been better had I actually paid more attention to pointers and exited a few minutes earlier. Or entered a few minutes earlier.
But, considering this is only my second CFD trade overall, the results are OK. :)

To explain why the returns can be expressed this high... CFD trades involve trading on margin and some market providers offer 1:100 margin ratio. So a proper strategy produces dramatic results. Of course, positive as well as negative. :D
It takes time to find suitable candidates to trade but that's whole another story. I need some time to analyze what happened today and enjoy the results.

1 comment:

  1. Ha, if you are going to continue like this you will not need to pursue Hunagrian visa to return to Bosnia, because you are going to land with your private jet straight to Butmir :)