As part of the induction, we were introduced foreign exchange trading using Saxo Bank's platform. With a vague understanding of the drivers of currencies, we jumped straight into the tiger's lair. As there is only a prize for the winning team at the end of the 3 day session, coming in second is as good as coming in last. There is no glory in coming in second, people only recognize the winners.
No one remembers who came in second - Walter Hagen
With this in mind, we took few huge positions. This strategy is call putting all your eggs in one basket. We played it like a game. After 3 days of trading, we squared the account with 46% return and took home "The Wizard of Lies". Are we excellent traders or what? :D
we are more like high rolling gamblers.
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