Yes, I traded demo account for years until I know what strategy works for me. Then move into trading live account; but I lost thousands of dollars. I DID NOT give up. I came back to demo trading again, and studied and studied to see what trades I have won consistently.
Then I go back trading live again. This time I focused on PIPS and Percentages, INSTEAD of dollars and cents.
So far here are my live results trading conservatively and consistently LIVE:
August 16, 2013 = +4.52% gain so far.
July 2013= +10.30% gain.
June 2013 = +17% gain.
May 2013 = +28% gain.
April 2013 = +23% gain.
My goal is to consistently compound my LIVE account at more than 10% per month. The key is to make daily positive gains and let it compound. Donot use money that you need to buy food for your family. Set aside funds to trade live and let it set there and compound daily for long term for at least year, preferably 5 years or more.
I still keep a demo in case I am not sure about a trade and just want to test my analysis.
Then I go back trading live again. This time I focused on PIPS and Percentages, INSTEAD of dollars and cents.
So far here are my live results trading conservatively and consistently LIVE:
August 16, 2013 = +4.52% gain so far.
July 2013= +10.30% gain.
June 2013 = +17% gain.
May 2013 = +28% gain.
April 2013 = +23% gain.
My goal is to consistently compound my LIVE account at more than 10% per month. The key is to make daily positive gains and let it compound. Donot use money that you need to buy food for your family. Set aside funds to trade live and let it set there and compound daily for long term for at least year, preferably 5 years or more.
I still keep a demo in case I am not sure about a trade and just want to test my analysis.
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