Options

Search
Search
Search

Subscribe to Thread

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

How to find out if a statement is of Live account or Demo Account 4 replies

Does a Forex Demo Account Work The Same As a Live Account? 2 replies

How to open demo account with Alpari-demo? 3 replies

demo account and live account differ in slippage? FXCM 8 replies

3 week demo account leading up to live account. 17 replies

Demo Account Comparisons - Just for fun and discussion

to
No trading activity in this period.
entry nailed, tp nailed
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-02-25 at 16.12.17.jpg Size: 55 KB
gold upto daily s/r then down to h4
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-02-25 at 16.20.50.png Size: 31 KB
Trading is easier if you just learn to read the basics on higher tf's, then use whatever you like to enter... context is what matters, not fancy entry strategies

EU trade plan for today
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-02-25 at 16.26.49.png Size: 90 KB
hey guys.

long e/j (it was a limit buy) it might not be a good entry.

closed longs g/a
Before Forex I was tall, and clean shaven. Now I am an Ewok.
Quoting england33
hey guys.

long e/j (it was a limit buy) it might not be a good entry.

closed longs g/a
think the euro's on a fundi fuelled steam train today... ain't gonna stop
Quoting 60minuteman
think the euro's on a fundi fuelled steam train today... ain't gonna stop
I'm out with profit.. added a 2nd lot - took loss on 1st lot -
Before Forex I was tall, and clean shaven. Now I am an Ewok.
Quoting 60minuteman
Some traders seems to have an issue with the demo/live account thing... for me I actually trade with more discipline on my live account... If it is a problem for you though these guys have a clever solution...

http://trading-wheels.com/
I don't trade much differently - exception is size of trade - entry and exist are according to my strategies.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
Quoting england33
I don't trade much differently - exception is size of trade - entry and exist are according to my strategies.
maybe people start too big with their first account, never a possibility for me, so didn't make much difference?
hey England, you think anyone else will join us?
http://www.forexfactory.com/openyoureyes#95-overview

testing my new trade strategy:

Return: 140.8%
Account Age: 5 days

using only 1:200 margin (now 1:101 becuase I doubled my money, will take more positions tomorrow while/before bernanke speech)
0.05 lot trades

I also have a live account but it is not this aggressive

(some very bad trades here like XAU/USD short, GBP/JPY long)

net pips: 4,899
Quoting openyoureyes
http://www.forexfactory.com/openyoureyes#95-overview

testing my new trade strategy:

Return: 140.8%
Account Age: 5 days

using only 1:200 margin (now 1:101 becuase I doubled my money, will take more positions tomorrow while/before bernanke speech)
0.05 lot trades

I also have a live account but it is not this aggressive

(some very bad trades here like XAU/USD short, GBP/JPY long)

net pips: 4,899
EA? or manual?
only manual
Quoting 60minuteman
hey England, you think anyone else will join us?
of course.. It takes time though.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
Quoting matheszabi
Instead of books I am reading posts in week-end. You can say some posts are trash and doesn't worth, but some books are too


When I read this post:



It was a thunder at my head instantly!
Countless lessons are teaching don't take trade just with 1:3 minimum risk ( aka 100 pip SL, 300 pip TP or 10-30) and this is why need to be patient.
Idk how is your trades, but if I wait for almost perfect setup and if I am getting in aggressively, that is -10% or +30% for my account at least I can't imagine how to be aggressive with +10%,...
There's never a perfect set up in my opinion - every trade has some degree of risk - but there are prime set ups of course.
I'm a pretty good money manager so I can turn most trades into winners or at least break even. I try to win every exchange - which I'm told is a no no but it usually works for me - of course there are extreme situations that I would jump out of. I've blown up accounts when I was a beginner so I think I have enough experience to avoid that situation.

**revenge trading - you're dam right I'm going to get even after a loss!!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
8k demo trade / swing trade..

98.6 pips - 8 lots.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-aud.jpeg Size: 155 KB
Before Forex I was tall, and clean shaven. Now I am an Ewok.
example of good money management after bad entry. the entry was
a result of a limit buy on EJ --- the market tanked so fast I couldn't change the order.
But the next entry was perfect after I did my technical analysis for the 2nd trade.
It was nearly spot on.

I only net $400 USD or so profit but look at the loss that was erased
by knowing what to do after the bad trade..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-aud.jpeg Size: 177 KB
Before Forex I was tall, and clean shaven. Now I am an Ewok.
Quoting openyoureyes
http://www.forexfactory.com/openyoureyes#95-overview

testing my new trade strategy:

Return: 140.8%
Account Age: 5 days

using only 1:200 margin (now 1:101 becuase I doubled my money, will take more positions tomorrow while/before bernanke speech)
0.05 lot trades

I also have a live account but it is not this aggressive

(some very bad trades here like XAU/USD short, GBP/JPY long)

net pips: 4,899
out of curiosity - why do you set so many so small trades?
Because I try not to scalp, this way is more profitable for me..
(also I don't use SL in this account, so I trade smaller lots)
(my first goal: keep the account alive)

My average trade run: 24h/48h
I add trades if the trade is green
I add trades if the trade is red

=)

I'll try to carry positions / different crosses, in order to generate more

I try to trade:
0.5 lot - 1.0 lot per 1.000$ capital

edit: you can't get better on money management if you start with 1 mil $ =)
try to act realistic

(my start: 1.000$ normal market conditions, max 1:400 leverage)
My account got -1,000$ profit right now.

But I can generate %10-40 profit daily as long as I stay on the positive side in %40 of trades.

I will carry the - trade if I believe in a reversal.

I trade 1H, don't look for perfect entries, exits (because I add more trades as time passes)
I've been doing some blind trades, just to test my money management.
Opening more trades, setting more buy stop, stop limits...
Want it to go more red, I'll try to not lose this account.


Currently:
-$1.300 with %262 margin level
almost all trades in the minus (-) side.

If I can write profit, than I can test this strategy live...

edit: -$1.450 with %227 margin level
short XAU
short XAG
I can get caught in the shtstorm, will try to endure =)
Thread Tools Search this Thread
Search this Thread:

Advanced Search

0 traders viewing now