Tuesday, October 13, 2009

My past life in day trading

I have left www.dcgfinancial.com on the internet as an example of a way of thinking, and a part of day trading history.

The trading team at the now non-existent Solid Gold Financial and I developed this information gathering platform for the purpose of making informed 24 hour trades in the Currency market.

I traded my own money using this methodology and the results from this short real life experiment are linked below:

Day one:

http://www.dcgfinancial.com/FirstTrade.htm

Months later an opportunity arises:

http://www.dcgfinancial.com/July24Statement.htm

http://www.dcgfinancial.com/4minute.htm

http://www.dcgfinancial.com/DetailedStatement.htm

Then we caught wind that the regulations regarding small broker dealers would soon change.

Needless to say most of us closed our accounts and sought greener pastures.

The discrepancies between business practices in Forex and Finance are immense.

I will not detail them here but those of you who are interested in discussing the regulatory nuances of the two fields with someone who has experience in both please call me.

Forex has been a bad experience for the vast majority of participants. I hope I can educate people on why this is the case and alternatives.

I thought you ought to know that.

-David Caro-Greene

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