Carry trading

Here's one of the reasons why I started my own business.

2007 

January profit ($175)

February profit $14

March profit ($2549)

April profit ($5)

May profit ($785)

June profit $230 

July profit ($1523) 

2007 total ($4793), (-74.89%)

2008 Monthly

March profit $124

April est. $1,000

May est. $3,000

June est. $5,000

July est. $5,000

August est. $1,000

September est. $8,000

October est. $9,000

November est. $10,000

December est. $6,000

2008 est. profit $48,000 

2009 est. profit $100,000

2010 est. profit $1,000,000

2011 est. profit $2,000,000

2012 est. profit  $3,000,000

2013 est. profit $4,000,000 

Plan of Action

1. Trade only using 10% of funds. Do not over leverage under any circumstance.

2. Be disciplined. This includes being patient. Follow the math and stick to the plan.

3. Do not be intimidated by the banks.

4. Carry trade the NZD/JPY and AUD/JPY. Leave the GBP/JPY out. It is too volatile and unpredictable.

5. Do not repeat mistakes.

6. No more day trading. The risk is too great and the rewards too small.

Minutes from Shareholders meeting

6-20-2007 

I made $263 in the 2nd quarter carry trading. I lost $823 trying other various strategies. My goal for the 3rd quarter is to make $2000 carry trading. I would need to invest $500 on July 1st, then add $300 more August 1st, then add $500 more on September 1st. This would produce a $2000 profit if exchange rates and interest rates stayed where they are.  Sean made garlic shrimp pasta for dinner. Washington Nationals are horrible.  7 Habits of Highly Effective People by Stephen Covey. Matthew is coming home from Hong Kong in 10 days.  Next meeting will be the October road trip to Cooperstown and Montreal.

 

updated Monday, March 31, 2007 11:52 pm EDT

camu camu acerola

 

These fruits are high in Vitamin C. Get it? That is why this page is called VC. It does not stand for Venture Capitalist or Vassar College.