{"id":2537,"date":"2012-08-23T11:36:45","date_gmt":"2012-08-23T11:36:45","guid":{"rendered":"http:\/\/nycphantom.com\/journal\/?p=2537"},"modified":"2017-03-09T22:29:01","modified_gmt":"2017-03-10T02:29:01","slug":"forex-currency-trading","status":"publish","type":"post","link":"https:\/\/nycphantom.com\/journal\/?p=2537","title":{"rendered":"Forex Currency Trading"},"content":{"rendered":"<p>To help giving me a good idea of a profit...I programmed a simple <a href=\"https:\/\/sourceforge.net\/projects\/simpleforexcalc\/\" target=\"_blank\">console program<\/a> to show me a general increment of profit and final value on a weekly basis.<\/p>\n<p>It is interesting, that if I maintained a 20% profit weekly with a 500USD bid, I could make 6 million in a year. But, then again, 20% may not be as easy as I think.<\/p>\n<p>I have put in 500USD last week, buying EUR\/USD and selling CAD\/JPY...EUR\/USD had realized $25 profit. Unrealized P\/L has gone up and down from $25 to $49.<\/p>\n<p>I think selling CAD\/JPY while buying AUD\/JPY is a mistake. I need to do more analysis on this. Now the very profiting\u00a0Canadian pair is paying for my Australian pair.<\/p>\n<p>So I'm only up 5% in a week.<\/p>\n<p>I figure, 10% is more constant for me. One year projection value would be 71k. However, 5% gain would yield only 6k. But that is good enough, as FX trading is my small pet project.<\/p>\n<p>Soon, I would program more complex calculations.<\/p>\n<p><a href=\"http:\/\/netpicks.com\/forex123\/training\/watch.html?inf_contact_key=4cd090e586bdf94cd263a5257c06da9e2d005fc7687cea51945bcc8baaab5f8c\" target=\"_blank\">Quick tips<\/a> on Strategy Pattern.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To help giving me a good idea of a profit...I programmed a simple console program to show me a general increment of profit and final value on a weekly basis. It is interesting, that if I maintained a 20% profit &hellip; <a href=\"https:\/\/nycphantom.com\/journal\/?p=2537\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2537","post","type-post","status-publish","format-standard","hentry","category-projects"],"_links":{"self":[{"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/posts\/2537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2537"}],"version-history":[{"count":1,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/posts\/2537\/revisions"}],"predecessor-version":[{"id":7465,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=\/wp\/v2\/posts\/2537\/revisions\/7465"}],"wp:attachment":[{"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nycphantom.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}