thanks for share ...practice account means demo account ? or live?
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Forex Indicators CollectionPractice account menas of course the demo account.
I would never use a new strategy withouth forward testing it. I have live account where I use totally different and very conservative trading strategy.
As far as I can judge there is no difference between prectice and demo accounts on forex.com except you have no real money and demo accounts is not monitored live by the broker.
What I can say is: the strategy is very aggressive. I trade all available pairs on my platform.
Couldn't that be the very reason why you're struggling?
Couldn't that be the very reason why you're struggling?
Well, I would not say I am struggling. I call that the process of learning and now this here is my state exam.
You would be surprised to hear that I have never had such aggressive strategy jet. All my trading approaches were quite conservative and I was fallowing all "holly" rules out threre. Foget about it. Sectert is somewhere else. Do not make it too boring.
I do not know what to discuss with you...I would like to know a litte bit more than below, other than your money managment.
The Devil is in the details...
ES
Strategy: Please understand that I cannot reveal all details of my strategy because that is all what I have now – so it is my treasure. I will reveal all details when I will be defeated. Then you will know for sure which strategy you should avoid in the future . What I can say is: the strategy is very aggressive. I trade all available pairs on my platform. I am 100 percent technical. My daily profit target lies between 2000 – 3000 USD and I am ready to accept losses in the same amount.
Why did you start this thread?...where is the log in that was promised? ES
Dear ElectricSavant,
please allow me some time to answer your question.
As for first question: can you please be more concrete: what you mean with details? ask me about details and I will do my best to answer your question.
As for second question: Ive started this thread to analyze the trades with interested people like you
As for third question: I have promised my login after experiment is over. Imagine several people browsing around my platform and pushing ask/bid prices. This is not a good idea. It will destroy my complete test. For those sceptical: please see the screen shot of the last page attached bellow. And further: the results are not fantastic, a month is ahead and everything can happen.
sorry, here is screen shot
Results of 29.01.2008
Daer Traders,
As I have finished my trading day, allow me to report the results. Today trading was less spectacular with the return of 1730 USD.
All in all I have return of 9004 USD. That hits 20 per cent return in four trading days. I must say honestly that when I have started the experiment I have not expected such gain. I only can hope that trades will continue like this.
As usual I attach here my report and screenshot of the last page.
I remain.
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