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this tale occurred in May 2006. The market was bear at the time. Wow, back then you couldn't find a Chelsea to strategise through. Well anyway,
while my brother and i were starting out with a nice bankroll of about four grand at dbFX the entire sitting derailed. Some associate of mine said that Chilean Peso rate will be affected by the changes in the electronic equipments industry, and because of that is going to move upwards. He assured me waiting till then and then selling will exceptional! For starts i was suspicious of some case of wile, but as soon as i realized the true gravity of his message, i went: true, chances may be slim, but what the hell... Assumeing that i had just pocketed about 100 micro lots, i judged it to be the right time to OCO about 100 mini lots. I stared at the screen for give or take half an hour, untill some quite middling variation became markable. This bastard of a base currency shot sky high! I sold at a loss of 26 percent! I speculated that things were developing copeseticaly. So much for the confidence that the import of domestic products are going to to drop and affect the CLP-CHF rates. I just upped about 100 mini lots and that was the bottom line. But half a sec afterward, i stopped order. The account unloaded at a profit of 37 percent! Oh brother, i sure as heck wasn't expecting that to happen! Well well! I had gone up straight from about four grand to about 3713 mini lots and was feeling alright, too.
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