Introduction

Welcome to Macrotactics. Macrotactics is a blog devoted to recording a part time trader’s journey into the world of trading currencies. Please feel free to hang out and send me a comment if you think I have gotten something blatently wrong or don’t understand something.

Why am I writing this Blog?

“The future will not belong to the educated, but to the man who is educated to use his leisure time wisely” -Anon

This blog was established in January 2008 as part of my new years resolution to improve my edge in trading. I find that writing makes me think more critically and deeply about my trading and therefore is bound to give me a tradeable edge over the market.

What this blog is not

While I am happy to answer some questions, please don’t confuse this blog with a service for providing signals, mentoring, trading plan reviews, system evaluations, coding of systems, product reviews, etc and all the other things people want me to do for them for free.

About me

In my day job I work as a manager in an Information Technology company. I live in sunny Brisbane, Australia with my wife, a baby girl and a cat. I am still working full time and trading part time.  I trade with enough real money to make my trading worth more than the hours of toil I put into it, but not so high that I am risking my family or future.  At present, I don’t have enough in the kitty to allow me to “live the dream” and trade for a living.  Until that day I still need to do the daily grind of working a full time job and doing the trading thing late at night.

About My Trading

I have been banging my head on this trading thing for since 2004.  In 2004 I was working in a job where one of my colleagues mentioned he was trading options and making money. I had no real clue what he was on about, but I decided I wanted to know more about trading. I bought a book at the airport on trading and went to a free seminar on options trading. The book was full of mysterious Japanese names for candle stick patterns. The options guy at the free seminar must have been on speed as he paced up and down the stage rambling about his best friend the trend, about mysterious birds called “Iron Condors” and about how some guy with big teeth called Anthony Robbins solved all his psychology problems. For some strange reason, despite this bizarre introduction, I was hooked and wanted to know more. Since 2004, I have dabbled in stocks and options, but eventually I settled into the area of forex trading in about 2006. I am fairly flexible in how I trade and I am open to using a variety of trading methods (if they make money …).  For now, my approach to trading is described in my trading plan.