Monday, April 17, 2006

 

The Winning Example

FXCM just announced the winners of their monthly mini-account contests for March.

The trader who won the first price made close to USD7,000 with an intial account balance of just over USD1,000.

Using Moving Average Convergence/Divergence (MACD) buy and sell indicators, she was able to catch large moves of momentum.



Her trading record for March is listed here.

Of course, for every winning case such as hers, there are hundreds of losing ones. But with proper education, training, discipline and self-control, there's no reason not being able to follow her example.

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