Rate Decision

We are very likely to see a lot of volatility later today when we have the FOMC decision out. Until then I am staying out of the market.

Yesterday I recieved an email from a friend that I would like to share with you all.

I trained Kalam a couple of years ago and through a lot of downfalls he dusted himself off and seems to be on his way to trading consistently. Last Friday he had made £1100. Monday he had lost £1000 then made £1500. Yesterday when I spoke with him in the morning he had made £500. This morning he is about £460 in profit. It is important to note Kalam has been working hard towards this for a while and did not give up. It is also more important to note he is only 21 years old and a student at University. Below is his email.

Hello Traders,

Its been over six months since i last made contact with the users of fxcps,and a lot has happened since then.
Firstly i'd like to congratulate Soodi and Barry, they are both insperational and helped me in motivating myself to give trading the biggest push I could to make it work.

Two things that have occured to me are:
1. IT IS NOT CHEAP BECOMING RICH!
2. DO NOT GET EMOTIONAL ABOUT IT!

Like Javid said in one off the past updates, "get the good software" and you usually have to pay for it because it is GOOD STUFF! I have spent more money on trading/software then i would ever imagine, and it will take time to clear the investment but i know that I will make it, and be financially free.

Emotions do not help in trading, Systems do. Have a strategy and stick to it. If it doesn't work then change it, and keep changing ituntil it does. Trust me on this, one day it will!

It is not easy to become a full time forex trader, i still am not there myself! but one thing i know is that i am not far away. Luckily i started very young in this game, and even more lucky i have found a great mentor and friend in Javid, if it wasn't for him and also Anne then i know that things would be soooo different right now.The dream is alive because of you guys, thanks.

Next time i speak to you guys I Should be Lewis Hamiltons neighbour in Switzerland and most definatley atleast ordered my Range Rover Sport.

p.s made over £1000 profit today through using a fantstic systematic strategy.

Happy Trading Kalam (almost full time Forex Trader!)