Saturday, 30 August 2014

August 2014 - Growing and growing (Temptations NOT TO BE FOLLOWED)

AAAFX - EURO 317,00 (0,01 LOT - RISK 43%)
GAIN - USD 512,00 (0,02 LOTS RISK 65%)


With FOR333 as provider, August was a good month with good results in terms of profits and risks, which were very limited in this trading month. Let's see what happen in September!


It is fine, my accounts are growing steadily, I am trading on the safe side and I can be quite confident I will not burn my accounts soon.

Anyway, even if the great results (gain account almost doubled in 12 months time) are giving FOR 333 good chance to rank n. 1 in Zulutrade rankings I am not sure it will last long.


For 333 is trading from 154 weeks and I consider it a very good sign of reliability and future growth.  Even so market change, providers change attitudes when they get successful and they start earning good money from commissions. This means, also FOR 333 can fail.

From an historical point of view September is a very bad month for the provider. In my experience in 2013 I burnt my AAAFX account but I add my mistakes to the one of the provider.

Even so I decided to increase my lots and my GAIN account has now a 65% risk signal. I would like to keep it under 50% but it is ok to risk a bit more if I want to get some serious profits.
I had the big temptation to add more funds, but in trading the most important attitude is disciplines ad rules. I have very simple rules to follow.


N.1 Rule is do not invest money that you are not ready to lose.


Future Actions

I have not programmed any future action in respect of traders to follow or setting of my accounts. 
Next goals to be reached are 750 USD on GAIN and 500 on AAAFX. I am not sure it will be possible by year end but remember that anxiety is enemy of profit in trading, so keep calm and STAY ON ZULUTRADE!

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