I have 2 basic patterns that I trade, one is a breakout type and the other is a trend pullback and reconfirmation type. Both have been profitable at about the same rate, so that is how I will continue. If I'm still here after 500 trades then that probably means things are going well.

if you're following 2-3 patterns for 500 trades that could be significant. wish you the best.

Hi Deltatrade, they say luck is when preparation meets opportunity. I have done the preparation (many hours of screen time), and I see the opportunities (trade setups). I agree that a large sample size in real time is needed. I had 4 consecutive profitable series of 20 trades before hitting a longer losing streak with the higher leverage. Now as mentioned in my journal I am tracking series of 20 trading days at a time, if I can have 4 out of 5 of these series be profitable, which will probably be about 400 trades and go through July or August of this year, then I think I can assume positive expectancy going forward and not attribute the results to pure luck. That would make it a total of around 500 trades including the trades taken before March 25 all in profit. We'll see what happens.

many trades means consistency in method and if you are profitable after a big number of trades we can exclude the luck factor from the equation.

Yes, I don't recommend this high leverage, this is only one of my accounts. Just trying to achieve consistency.

Update: As of March 25, 2013, leverage strategy was changed, significantly reduced risk per trade but more trades taken per day.

you're risking way to much but you have a nice graph.