6 Responses to “Up £43,000 – Final video of the year…”

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  1. Chris says:

    Hi Charlie,

    Could you clarify a small observation for me please.

    You have stated that you trade 5 FX pairs and that the lady with the account in the video is following along on your app. However, she appears to be trading other FX pairs that you dont trade such as EUR/GBP, GBP/CHF, etc. Therefore, how could she simply just be following along?

    Have I misunderstood something?

    Cheers.

    Chris

    • Charlie Burton says:

      Hi Chris. Yes I day trade only 5 fx pairs but I do swing trade others. But I do a weekly swing session with our swing traders and we look at a number of crosspairs. If I give a crosspair the thumbs up, I may not always personally be trading it but I have given it my approval. It’s those trades that you are seeing except for CHF which she just took herself…

  2. Ravi says:

    Is it possible to be profitable every year trading as a retail trader or should one expect to have losing years as well?

    • Charlie Burton says:

      yes of course its possible to be profitable every year but a trader could have a losing year too. Assuming the retail trader is competent then how they could lose could be down to their trading style. as an example, a retail trader that only takes 10 trades a year could easily have a losing year even though their strategy is perfectly fine. Or if market dynamics changed, could it take the trader time to adjust and therefore not turn a profit? so yes it is possible…
      charlie

  3. Ravi says:

    Charlie then why do some these hedge funds have a period where they have 3 losing years sometimes consecutively do they do something different for the results to turn out that way?

    • Charlie Burton says:

      Yes they may have long holding periods and so if holding positions a long time, the potential is there to be underwater. retail traders tend to not hold positions very long relative to funds…

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