Friday, December 26, 2008

Christmas Week Trading Results

Between the thin trading volume and the holidays there wasn't a lot of opportunity in the Forex markets this week.

In any case, I did manage to eek out a 7.5% gain in net asset value.

This has me thinking. If I was to build up an account balance of approximately $20,000 and maintain gains of 5% or more per week then I'd probably be able to think about quitting my day job.

This task seems doable.

However, at the same time, I have no plans to quit my day job. First, I rather like my current job. Second, it's a lot easier to build up a stake while you are gainfully employed and not relying on profitable trading. I'm pretty sure the added pressure would ratchet up the psychological intensity.

2 comments:

Silver Eagle said...

Well organized and good looking blog. I'm in the process of starting a forex blog of my own.

SilverEagle

Rookie said...

Silver,

Thanks for the note and good luck in your trading.