How to Turn $2000 by $50000 by trading Forex

02/29/2008

Trading Forex is not easy, it is very difficult. Profitable trading is even harder. Some traders can be profitable at certain time, it is very difficult to be consistently profitable. My name is toby fang, I have developed my own forex Mechanical Trading system to generate forex profit consistently. I am going to use my $2000 to open a cms-forex mini account. By end of 2008, i target to make 1000% on this acount, which is about $20000.

2 days ago, I opened 2 mini contract long euro at 5013 and 5035. Today is thursday 02/29, i am still holding those two long positions, and I add 1 mini contract last night at 5080. tonight, i opened another mini contract at 5173. Summery of my positions:

1 mini euro long at 5013, stop winning at 5070
1 mini euro long at 5080, stop winning at 5070
1 mini euro long at 5035, stop winning at 5070
1 mini euro long at 5173, stop loss at 5140

I am very comfortable with my position right now. if my stops get touched tonight, i wont lose money, and if euro touches 5300 tomorrow, my account will grow to $2500. Lets see what happens tomorrow.

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Toby Fang