I have now officially opened an account with a firm which had provided me with 5:1 leverage, which means for the 10K provided I am given 50K buying power to trade and with increase in profits being generated the buying power is suppose to increase (the $10K which I have deposited is purely from my trading account which I had started off with $7K). I have traded with them for about 3 days, still getting a feel of their trading platform like trade exceutions, charts, trading reports and all. Overall, I am satisfied with it and yes, I am down about $250 for this week , have been trading small to get a feel of new platform.
I am now ready to trade the market with my gameplan and given the fact that I managed to have converted $7K of my initial investment into $14K in about 11 weeks with a pheneomenal 100% return. I would be loking forward to convert those $50K into $50K, only time will tell if that will happen I will continue posting my trading report every weekend. All I care about is Winning, I learn from my losses to move forward.
As far as I remember 'I am as good as my last trade' (helps to keep me grounded), things should fall into place by themself.
dchsn6
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