As some of you are already aware, I was fortunate enough to be honoured with the prize pursuant to the CMC reader survey hosted here at ASF.
So, for the benefit of those that may be interested, and in recognition of the generosity of ASF and CMC, I decided to start this thread for the purpose of journalling the fate of the $600 dollar credit.
As many of you will already be aware, I am usually slow to praise and quick to condemn. However, given that I do not wish to discourage CMC (or any other provider) from promoting themselves in a mutually beneficial manner (particularly one that offers benefit to ASF and its members), I intend to make a concerted effort to suppress any negative criticism that I might otherwise express.
One thing that must be stressed at the outset, is that, whether or not, this foray proves profitable, won't necessarily reflect on the provider/broker!
I put it to the readers, that if I cannot totally FTSE something up, then nobody can!
Specific details regarding the instruments, quantities, and trading methods, will be purposely limited and/or totally omitted from this journal, as I do not wish to explicitly disclose my trading methodology.(The periodicity of reports on the account balance may also vary towards a similar end.) So this might, understandably, prove to be a very boring thread.
One thing I will be particularly interested in identifying, is how long it takes for me to alter the account balance by a power of 2!
And when I actually do so, whether the account will have halved to $300 or doubled to $1,200.(Those pondering the same might like to post in their best guess as to the where, when and what!)
Today a number of orders were placed and some trades opened, and yet the account balance is somehow sitting right where it started. (I may have started out too conservatively!)
Anyway, please stay tuned for more exciting developments!