Thursday, January 14, 2016

One more Millionaire

A note for a new Millionaire Greater Fool Blog Dog. His P & L
If this shit keeps up No one to shine my shoes.




Smokey, my man.  I took the advice you were dispensing for free on GF and your own blog back in March.  I opened a $100k demo AvaTrade account.  At first, I had no f---in clue what exactly I was doing...trading all sorts of pairs....JUST TO LEARN THE SYSTEM.  Then I decided to only ever trade USDCAD.  I spent exactly 3 months learning....practicing like crazy...up til 4 or 5 am every night, then off to the tax farm at 9:30am.  Wife hated me, and you, and this "game" I was playing.  She thought of it like a video game or something.  Funny how wives can say the darndest things, eh? I also kept reading your comments on GF and your blog.  Took your batman, camel toe advice and applied it.  Worked out pretty well.  Have a look at the screen shot I sent.  I had some scary moments, but some thrilling ones too, netted $440k on the December Fed hike alone.  I really hit my stride when I predicted the July BoC hike, though...caught most people by surprise, that one.  But then again, most people are part of the herd.  I keep thinking to myself "this shit's not so hard....just be on the right side of the trade, that's all."  

Now don't get me wrong....I've been a keen economic observer and avid reader of economic and financial news., and geopolitics for about 13 to 14 years...so I'm not a novice in that realm.  But I never really had a outlet in which I could apply the knowledge and insights I was coming up with to make money.  Until I read your comments about currency trading.

Can I make it my day job?  Don't know....part of me says I need to start doing technical trading to do it for a living, part of me says it's not actually a thing you can make consistent money on. Plus, technical trading can mess with your head and mess with your flow.  It's better to be an ignorant Neanderthal who's a natural with the ladies than to get a dating coach and get bogged down focusing on posture, eye contact, voice tone, colour coordination of belt and shoes, what she meant when she said xyz, and other technicals.  That's the difference between understanding overall trends and economic fundamentals vs. focusing on technicals.

So instead of daily technical trading, I'll go for a once-in-a-while big bang approach when a currency gyration is subtly telegraphed in advance to those who have the experience and ability to analyze the economic painting being drawn by the machine.

Thanks so much Smokey, you've changed my family's life.  My wife even likes you now, believe it or not.  But she still hates that she has nobody to stuff her feet against in the bed when they feel cold at 2:30am

p.s. I've been reading your shit on GF since like 2010.  Keep it up.
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Forgot to mention....I spent 3 months learning on the Demo account and then opened a live Ava Trade account in June....gave me ~3-4 weeks to prep for the July BoC decision.

I haven't withdrew any of the funds yet....is there anything I should know about withdrawing from an Ava account?  Any hiccups or restrictions they impose, or difficulties they put you through??

Thanks again dude.  If I ever see you, or someone who looks like what I think you look like, at Seneca, free cigar on me.

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