Well, my first weeks trades came through to the LS Trader calculator this morning and it was a very simple process of inputting the current price and then placing the trade at the level indicated and with the stop loss indicated. There were only two trades this week but I decided to use a nominal betting bank as this is a new service to me, and the calculator even told me which trade to go for and which to leave alone.
It’s a completely different trading experience to what I am now used to with day trading the spot currency markets. I thought that was relaxed but this is taking relaxed to a whole new level. Since this is the only activity required for LS Trader once a week, I’ll be reporting on the developments each Monday morning. I think it took me around 10 minutes today but I suppose I’m still getting used to it! At the time of writing the trade has already progressed in the right direction taking care of the spread.