wednesday June 22nd

Unfortunately, the prices did not recover on my USD/CAD short, and as a result the position closed itself at some point on Monday as per my stop order. In total, I lost about $600. I just opened two new positions (finally stepping up!), but I'm really worried because nothing seems that stable/sure according to dailyfx (that, and 'Rogue Trader' has made me even terrified about taking risks).

Interestingly enough, for my next two trades I decided to do the opposite of my previous trade- instead of buy CADs I'm selling them. More specifically, the first is a short CAD/CHF. According to dailyfx "The Canadian dollar is rapidly losing its appeal as a currency that leads through growth and interest rate expectations." Looking at a bunch of charts, it looks like the canadian dollar is facing losses against most of the other major currencies. Looking back over time with the CAD/CHF, it seems as if the canadian dollar has been following an upward trend, and is now starting to break out of it. Hopefully I'm not wrong again about the CAD, and will start to see a profit.

For my second trade, I decided to do a long AUD/CAD. Australian prices are currently on the rise against the canadian dollar, and it appears as if prices are returning to what they were in the past.

This time I'll be sure to put in stop losses right away...

For my new rotation, Alex and I spent the morning in the gift shop and the afternoon at the front desk. In the gift shop, we learned a lot about what the shop offers for sale and spent a bit of time writing descriptions for some of the objects to be sold online (care for a charming Bull statuette?). We also learned about the education program that Jess and Ashraf started. I think they have some great ideas and I'm excited to help bring the program to life.

Heres hoping I'm not the next Nick Leeson...