Experiment - Buy Low, Sell High
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Thread: Experiment - Buy Low, Sell High

  1. #1
    This is an experiment by applying Robert Lichello's egy in his book how can I earn 1 million dollars in stock market automatically. Since Robert's book was on the market. I have to tweak it a little to match Forex.

    Initial investment: $68.00
    I took 50 percent of it ($34) to buy AUD/USD at 50:1 leverage. So on the AIM spread sheet, I put in $34 x 50 = $1700 as first investment. AUD/USD is trading at 0.98398, therefore the spread sheet calculated that my first purchase should be 1719 units of AUD/USD. I will check once daily, by using the AIM spreadsheet. I set buy safe and market safe all at 5 percent.

    I use Oanda therefore I will trade as small as 1 device.

    Let me see how it goes.

  2. #2
    Sell 280 units AUD/USD in 0.9795, according to the AIM spreadsheet.

    Add $100 finance to the account to control the first margin use in 20%.

    So total investment was $168.

    Current position: long 2139 AUD/USD
    NAV: $158

  3. #3
    Buy 170 units of AUD/USD at 0.97045.

  4. #4
    The market is close. AUD/USD is up slightly.

    Now I've 2309 units of AUD/USD, at average 0.9804

    Account Value: 174.24
    Unrealized P/L: $6.58
    Unrealized P/L: 28.5pip

    Margin available: 128.79

  5. #5
    AUD/USD is trading in 0.98806~0.98810 appropriate now. I entered the price 0.98810 to the spread sheet and it gave a market for 230 units. I followed it.

    Total components of AUD/USD: 2079
    Account Value: $185.04
    Unrealized P/L: $16.13 or 78pip

    Margin available: $144

  6. #6
    AUD/USD goes up in 0.99980

    Sold 200 units based on what the spreadsheet suggested.

    Total units of AUD/USD: 1879
    Account value: $210.59
    Unrealized P/L: $37.75 (200pip)

  7. #7
    AUD/USD drops a bit to 0.99678 versus final upgrade.

    Bought 50 components of AUD/USD at 0.99678

    Current position: 1929 components of AUD/USD
    Account worth: $205.61
    unrealized P/L: $33.36 (173pip)

  8. #8
    AUD/USD extends up to 1.0043 at this time.

    Sold 110 units of AUD/USD in 1.0043

    Current position: 1819 units of AUD/USD
    Account value: $219.63
    Unrealized P/L: $44.6 (245pip)

  9. #9
    AUD/USD Goes go up to 1.01414

    sold 170 units of AUD/USD

    Standing: 1649 AUD/USD
    Account value: 238.30
    Unrealized P/L: $32.19 (351pip)

  10. #10
    AUD/USD Extends up to 1.0153

    Sold 270 units of AUD/USD in 1.0153

    Total position: 1379 AUD/USD
    Account worth: $239.44
    Unrealized P/L: $50.49 (366pip)

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