8 week update with my real account. I am now on 192 winning trades with one loss [a few weeks ago]. The account balance has grown to $7,280 from $5,000 with the Open Trades about $430. This is one a variety of 63's, mainly 63G and for the past 2 weeks, 63H03. Upon using the latter, I now use 15Min MA on the 5 Min Chart. The Take Profit as been set to 25pips and NO other interferance is given. The pairs are; Eur/$, $/Can, $/Oz, Eur/CH. This is on Interbank, who seem to very good.
That is more than I can say about FXDD. I have a few accounts open [being a trader for 8 years], but I thought another one for FB wouldn't do any harm.... mmmh..
I filled in the forms and indicated that I would open a MINI account with $4,500. FXDD say that you HAVE to have a minimum of $5,000 to open a Regular Account.
I started trading it on Monday last week, it made two trades [with 63H] both of them wins. Then nothing, no trades at all on Tuesday and Wednesday until I sent FXDD at email on Wednesday [the Interbank accounts and FXDD Demo were getting trades in this time]. All of a sudden, it started trading by having 4 trades in seconds at 8.30 [news time]. BUT, when I checked they were on a BIG Account, not a mini. I suddenly realised that I was -$770 in the red [negative/losing] and this was one an account that only had $4,500 in it.
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o
></o>
So I turned off the Auto 63H and manually traded the 4 trades. I worked out [on a 30m chart] where the Fibonacci retracement were and ‘sat it out’ To cut an even longer story short, I made money, closed them all in profit and walked away with nearly $480 for the nights work.<o></o>
But it has left a ‘nasty taste’ in my mouth about FXDD. If I hadn’t seen the trades and it had opened the full 6 pairs, I could have been wiped out in no time. If I had a normal Stop Loss [instead of 300 pips] I would have been stopped out in minutes.
BTW, FXDD didn't reply to the two emails I sent on Wednesday until the Friday, after I had logded a withdrawal form for all my money!! I did this for the way I had been treated AND also when reading this page; http://www.forexbastards.com/Fxdd.shtml<o></o>
That is more than I can say about FXDD. I have a few accounts open [being a trader for 8 years], but I thought another one for FB wouldn't do any harm.... mmmh..
I filled in the forms and indicated that I would open a MINI account with $4,500. FXDD say that you HAVE to have a minimum of $5,000 to open a Regular Account.
I started trading it on Monday last week, it made two trades [with 63H] both of them wins. Then nothing, no trades at all on Tuesday and Wednesday until I sent FXDD at email on Wednesday [the Interbank accounts and FXDD Demo were getting trades in this time]. All of a sudden, it started trading by having 4 trades in seconds at 8.30 [news time]. BUT, when I checked they were on a BIG Account, not a mini. I suddenly realised that I was -$770 in the red [negative/losing] and this was one an account that only had $4,500 in it.
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o
></o>So I turned off the Auto 63H and manually traded the 4 trades. I worked out [on a 30m chart] where the Fibonacci retracement were and ‘sat it out’ To cut an even longer story short, I made money, closed them all in profit and walked away with nearly $480 for the nights work.<o
></o>But it has left a ‘nasty taste’ in my mouth about FXDD. If I hadn’t seen the trades and it had opened the full 6 pairs, I could have been wiped out in no time. If I had a normal Stop Loss [instead of 300 pips] I would have been stopped out in minutes.
BTW, FXDD didn't reply to the two emails I sent on Wednesday until the Friday, after I had logded a withdrawal form for all my money!! I did this for the way I had been treated AND also when reading this page; http://www.forexbastards.com/Fxdd.shtml<o
></o>
Great work, great response, great help. My sincere thanks for your persistent determination to help traders succeed.
