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The First Trade Of 2012

Happy New Year!  This is going to be a great year…

Well, I didn’t have to wait long to get a trade setup this year.  Another trade setup in the Wallaby and I took it.  This trade was a little different from other Wallaby trades in that I actually added to the position because of what I saw.

Ordinarily, I would have called that gambling, but in this case, I had a really good reason based on the price action.  This raised the risk to more that my usual 1%, but not by much.

Enough writing….here is the video:

Results

The final result of this trade was a +2.15% gain on the trade.  To see all of my Wallaby trades since December 2011, check out my MyFxBook page. I have gone back to trading real money, but in a very small account.  This is to get around any potential demo trading restrictions and I am going to use this as example to beginning traders on how to get started.

If you want to see how I was doing before this, check out this post, where I show every single one of my demo trades.

I’m going to start my verifiable track record this year and stick to it.  Luckily, websites like MyFxBook make it easy to do.  Check out my tutorial on how to get started.  It is totally free to use.

Stay tuned for my goals in the next post…

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If you enjoyed this article, you might also like:

  1. The Last Forex Trade Of 2011
  2. August 18, 2010 – GBPUSD London Trade
  3. How I Made +1,006 Pips (or 33%) On ONE Trade
  4. Results of My Wallaby Trade From Last Night
  5. Trade Results For December 28, 2011

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