Hello everybody and welcome to my website!
The purpose of this website is only for my personal reasons. I will place here my trades, I will analyse them, I will try to learn from my mistakes. At the moment I trade only in the Forex market, but later I am planning to add and trading in Pennystocks. I see it very interesting and exciting. I am reading a lot and trying to collect information as much as I can. And in the later stage I will see or I will take a chance. But for now let's get back to my Forex trading. I believe that I have good strategy, but the only reason why I cant make consistent profit is my discipline. Usually I am out of my plan and I am taking trades which doesn't match the requirement of my strategy and because of that I decided to put all my trades online and I hope it will help to improve my discipline and my trading results. If it will not help, at least I will get an experience which will help me in the future. By the way I am not full time trader, it's just my hobby. But maybe one day it will become and my main income.
In this blog I am not selling anything and I don't want to push anyone to trade or to become a trader. Investclever is like my diary and it's only for educational purpose. Of course, if someone will have any suggestions, or will have any questions considering my trades, they are more than welcome to contact me, or leave a comment. It's just a beginning for me, so I am learning a lot and I am willing to learn as much as I can.
Investclever- you can find on Twitter or Facebook. In the later stage, I believe that I will add also and Youtube. I think short videos will help me to memorize my mistakes much easier. Twitter and Facebook will not let me to cheat :)
I started my blog at 13 February 2013 and lets see what can I achieve with it ;)
For trading I use Admiral Markets. I have account with them for last 5 years and they never disappointed me. So I don't have reason to change them. Their spreads are very low, their customer support is excellent, they are licensed in EU (but they have offices in 20 countries worldwide). In any case I trust them and that's the main reason why I am with them. If you want to check them you can find them here --> Admiral Markets
For placing my trades I am using Profit.ly and you can see all my trades on the right side of this page. They have more than 20,000 traders, so it's big community. I like people there and its very convenient for me because there are a lot of traders who trade pennystocks. From there I got this interest for pennystocks.
My short summary about my strategy would be: Mostly people are saying that forex market cannot be manipulated because of its huge turnover every day, but I am different opinion. 10 biggest banks in the world controls almost 79% of that turnover. So.... You think that its impossible to manipulate the market, when you control 79%? Well I don't think so. Market makers (Banks) always wins and 95% of sole traders like you and me looses. Someone must to loose and someone must to win. If you would have such a power, you would not use it in your favor? That would be the dream of each trader. Well if this is the rule, the only way to win is to trade together with the banks. To identify when they enter the market and when they are leaving the market. There would be three phases: accumulation, manipulation and than market trend. Later I will explain this with more details and pictures, so it will be more clear to everybody. If you can identify that, you are lucky. You can take at least 40pips/trade. My one of the main rule is risk/reward ratio, which is 2/1. That increases my profits a lot. All these things together + discipline and you can make some nice and easy money. Of course, its not formula to get rich in one night, but it can help you to make some extra money in long term. It maybe can become even the main income. It depend a lot from discipline and money management. Lets see how I will handle it :)