- Really appreciatesome of my students who volunteered to provide me with some of their trading statements on Forex.As usual, I'll always review the statements and send them back togetherwith my comments. Below are some of the statements provided by students fromvarious intakes.
From Intake 0409.
Below Statement is provided by one of the students from Intake 0409.
Due to tight schedule, this student has been doing quick trades. Though not many trades done, but I would say he is doing very well with a 9/11 winnings.
From Intake 0309.
Below Statement is provided by one of the students from Intake 0309. She has continued to do well in her trading after completed the course on 9th July 09.
After 14 Jul 09 (last trade fromprevious statement), she has continued to make profit from her trading and manage to make aremarkable profit of USD1,600 fromone of hertradeson EURUSD.
Till date, after she has completed the course, she is making straight profit from her trades which is a great achievement for someone who is newto forex trading.
From Intake 0309.
Below Statement is provided by one of the students from Intake 0309. She has completed the course on 9th July 09. After the first practical lesson, she had tried to do some tradings whileresultsare not so ideal, but after completing the whole course, shefollowed thesetups and has improved a lot in her results.
From the latest trades, she has made a remarkable profit of 259pips from GBPJPY and 109pips from USDJPY.
From Intake 0209.
Below is the statement provided by one of the students from Intake 0209.He has completed the course in May 09. Out ofthe four losing trades,onewas due to error while the other two is because of counter trend trades whichI usually don'tencourage students to do that,as it is riskier.
Other then the four losing trades, he is actually doing quite well for the rest of his trades (which followed the setups)with overallUSD970 profit from five trading days.
From Intake 0109.
Below is the statement provided by one of the students from Intake 0109.She has completed the course in Feb 09 and is currently doing very well in her stocks trading.
The three losing trades are counter trend trades and good that she was able to cut the loss fast. I don't encourage students to go for counter trend trades, as it usually has high chance of losing.
Overall, she is doing quite well with USD484 profit within three days.
"Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary."