Saturday, November 19, 2011

Time to re-consider?

I have to seriously think about my forex future. I personally do not know of reliable trade managers, maybe they are out there I just haven't come across them, maybe I have never really looked. I am now heavily involved in the family business and do not have the time for trading. We hoped that Mrs V would be able to trade on her own but she has had some health issues and done 5 trades this month.

When I get home usually after an 11 hour day its to help with dinner etc etc and even trying to get time to trade London close has not been there.

So if the family business continues with more contracts at the same level next year the alternatives are first hope Mrs V gets better and can trade more often, make time for London Close trades or consider a longer term strategy.

Frank Paul could be an option 9500 + PIPS in 7 months as his trades are longer term in nature. I am looking at this seriously, I just don't have the time to do the research required, need some help with the spade work.

I'm sure lots of people are in similar situations, I still have to find the balance between wanting to trade and the requirements of a family business which I have a significant financial interest in (ie its not a job I would be prepared to let slide to use their time for my personal reasons).