Janet Cornes added 23.36% ROI trading with LTG GoldRock in April 2013

Hi,

I started trading at the end of January. During February and March I lost a small amount of money and so was very keen to make that up in April.  I succeeded in doing that when the JPY went crazy and dropped quickly. 

I was very bold and put on two trades (NZDJPY and AUDJPY) for a few hours only that were very risky and watched them very closely.  Once in profit I kept pushing up my stop loss so I couldn’t lose and moving the take profit level up as the price rose.  Luckily I did this as they both jumped up to my take profit level when I wasn’t watching and took me out at about the highest level they reached at that time.

I also had a few other successful smaller trades during this month and was very happy with myself. My account is now in profit but not as much as it was at the end of April. This month, so far, I have not been so successful, but still have over half the month left to reverse this I hope. 

As a very busy teacher I find it difficult to keep an eye on the market and have not really developed a routine due to my school commitments, which of course must come first. I look forward to the day when I can get my trading into a routine.

Still have a lot to learn

Janet Cornes -  New Zealand.

Dr. Phillip Keller added 38% ROI to his Trading with LTG GoldRock in April 2013

Hi AB,

I have continued to trade based on Fundamentals, Candlesticks and Support and Resistance levels.   I have had quite a lot of success trading Gold.   As I have been trading at a low risk I decided to just leave a small balance in my account and deposited the rest of my money in a cash management account.  I now just trading with my some of my winnings.   In April , I have increased my balance by 38%.   Allowing for the funds that I am holding in reserves, this is a 2.6% return on my entire equity. 

My Profit factor was 1.5 with the largest winner being $1332 and the largest loser $725.   As Trader of the Year last year, I just wanted to update that I am still running a profitable account.

All the best.

Dr Phil Keller.

The word trading implies short term in my view and retail FX traders such as yourself are usually not very good at trading short term, but are far better at investing for the medium to longer term.

30 years ago you really only had one choice if you wanted to invest in the financial markets. You called your broker and you bought something on the stock market. The choice was simple, which stock do you want to buy? Back then the readily available markets such as commodities, options, futures, currency’s, CFD’s simply weren’t available or traded by the masses as they are today. These days investors are given more choice than ever to invest in rising and falling markets and add to this the leverage that is provided and outright greed brings many traders quickly unstuck. In my role at LTG GoldRock I get to talk to members constantly and I am reminded at every Master Class that the more you trade the less money you are likely to make. The less you trade and the longer you hold a position the more money you are likely to make. So therefore the GoldRock members that are doing well I class as more currency investors rather than currency traders. Think about it, are you a currency investor or a currency trader? Nothing wrong with being a trader but I bet you make less money than the investors.

Traders are daily or a few hours, investors are weekly and monthly for a longer period of time.

Nigel Clark added 6.74% ROI to his Forex Account Trading with LTG GoldRock in March 2013

Hi GoldRockers,

I retired from full time work in January 2012.  I started trading Forex in July 2012 for three reasons:

• To keep my brain active by learning a new and challenging career.
• To create a business that I can pass on to my 4 adult children.
• To give some of the profits to charity each month as my way of “giving back” to others for the help that I have had throughout my working life from other people.

I have spent a fair amount of time growing my knowledge of currency trading, and continue to learn almost every day.  I lost money in the first three months of trading, but I have been making consistent profits each month since October 2012.  I joined LTG GoldRock in January 2013, and look forward to the daily updates in the Goldrock Insider as a way of supporting and enhancing my success.

Nigel Clark

NSW, Australia

RoseMarie Reid added 6.5% ROI to her Forex Trading in March 2013.

This year I attended my 3rd LTG GoldRock Bootcamp and while speaking to new people a few asked me the same question, “do you learn something in each Bootcamp or is it a repetition?” With no hesitation my answer was: I always take away something new that will serve me well in my trading career.

This year the following words stood out for me.

SIMPLICITY AND CONSISTENCY.

My Goal for 2013 is that exact motto: Simplicity and Consistency.

Happy Trading GoldRockers.

RoseMarie Reid

The Bank of Japan’s decision to print trillions of Yen on the back of the US Federal Reserve’s decision to print $85 Billion US dollars per month has seen Bond Yields in Japan and the USA retreat substantially over recent days. Investors buy Bonds as a safe haven asset however if Bonds that were weeks ago returning 2% are now only returning 1.3% and going down, the tendency is to sell that investment and look for something similar that can offer 2% or better. On the other hand whilst safety is always a good play in the financial markets hedge funds also need to balance a portfolio with some risk assets such as stocks, commodities and currencies that can give them a more accelerated return higher. So a mix of risk assets and safety assets for a healthy consistent return. Well, that’s the aim anyway.

In this scenario investors are eagerly looking for both risk assets and safety assets. So what are they potentially doing and what do I think they are likely to buy? On the accelerated return side on the investment portfolio who wouldn’t want to be exposed to the ever green 2013 US stock market and try and catch some of this wild ride higher that just doesn’t seem to want to end. Buy into any decent dip many analysts are saying. Japan’s stock market is on fire with investors flocking back into Japanese stocks after the Bank of Japan said it will do whatever it takes to boost the economy with a inflation target of 2% within 2 years. So stocks are an obvious choice but the risk is that the market has become overbought in the first 3 months of 2013 and therefore we should diversify some of the portfolio into the safety of Bonds because some of the staff in the office are making a case for a strong pull back is coming. The question is which Bonds should we buy with our safety play because US Treasuries (US Bonds) are declining in value and so are Japanese and German Bonds on the back of all this money printing which is called a Global Currency War. If we don’t want to buy German Bonds we don’t want to invest in Italian, French or European ones because the European economy is in such a mess and Europe itself is a risky investment. So where can we invest our money in a relatively safe Bond market that is still delivering a solid and stable return? Ah!!! Australia. The official interest rate is 3% and the Aussie Bond market has been a market we have tested in 2013 and liked it. Stable economy, stable government (well, somewhat) and a safety play investment that will likely beat US, Japanese or German Bonds for the time being. So we’ll invest in AUD Bonds.
As a result of the money investing in the Aussie Bond Market the AUD is moving back towards $1.05 – $1.10 for the balance of the year.

Now the above example is of course purely hypothetical however I don’t believe it is far from what could play out and therefore we need to be careful in not falling in love with the AUD falling back lower. I am exposed to a short AUD right now however have reduced my exposure overnight and as of this morning will be looking to also hold AUD long in the event the AUD does decide to head north.

The old phrase “Sell in May and go away” I think will again this year hold true in the stock market so that is the month when I think stocks will see their biggest declines of the year so far. The stock market will pull back at some point and when it does some of the money won’t go back into Bonds in Japan the USA or Germany as they are not offering the yield they once were.  The Aussie Bond market might just be the safety play again through the middle of 2013 if traders need to exit the stock market and take a safety bet.

Neil Carroll added 40.3% ROI to his Forex Trading Account last month with LTG GoldRock

Hi my name is Neil Carroll.

I live on the Sunshine Coast with my wife Natalie and three daughters.

I have been trading on and off for about 10 years. Sometimes very active most of the time spectating. I have mainly traded the AUS200 index CFD via a market maker. I joined Goldrock  in April 2012 as I wanted to trade currencies and I decided I needed some professional guidance.

I have learned a lot, to the point where my mindset has shifted and I feel a lot more relaxed about trading. I am organised and I know what I am trying to achieve on a monthly basis over the coming years. No more spectating.

The Boot Camp last month was like the final piece in the puzzle…of stage one at least.

Cheers

Neil Carroll