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demo account experiement

  • Post #1
  • Quote
  • First Post: Mar 21, 2007 10:54pm Mar 21, 2007 10:54pm
The question has been asked,

How much one makes on average / month with investment of $1,000.

I have opened a dome just to find the answer to this question.

The demo is $1000.
The leverage is 400:1.
The amount of simulated currency I am controlling per lot is $1,000.
This will gain or lose $.10 per pip per currency pair.
I have place four trades risking .59% of margin.

Lets see how things go.
Some say "The sky is the limit". I say "I own the sky".
The $1,000 question has a new answer today.

Close positions gaining $18.42.

That's a little better.

18.42
+5.21
23.62

Divide by 2 for an average of 11.82/day.

If %5.20/day on average gave you a 100% ROI in one year, that means %

11.82 would do twice as good.


That's pretty good on $1,000.

Some say "The sky is the limit". I say "I own the sky".
Quoting PipGod
The $1,000 question has a new answer today.

Close positions gaining $18.42.

That's a little better.

18.42
+5.21
23.62

Divide by 2 for an average of 11.82/day.

If %5.20/day on average gave you a 100% ROI in one year, that means %

11.82 would do twice as good.


That's pretty good on $1,000.

Assuming you win. What happens when your next 10 trades all lose ?
Quoting PipGod
The question has been asked,

How much one makes on average / month with investment of $1,000.

I have opened a dome just to find the answer to this question.

The demo is $1000.
The leverage is 400:1.
The amount of simulated currency I am controlling per lot is $1,000.
This will gain or lose $.10 per pip per currency pair.
I have place four trades risking .59% of margin.

Lets see how things go.
As an experienced trader i can safely tell you to forget demo accounts. Sure if you are just playing around its fun, but don't confuse this with real trading. It's like playing with a toy gun and then picking up a real one expecting the same results. If you are serious about trading save some money and open a real account. Even if you lose your initial 1k it's the best education you can get for your money.
Awesome posts! Going live was definitely an education. The reason for this thread is to let the people that need no know, If you are careful, It is possible. I wonder how this will work out.

Some say "The sky is the limit". I say "I own the sky".
Close positions gaining $13.97.

13.97
18.42
+5.21
37.60

Divide by 3(days) for an average of $12.53/day.

3.76% ROI to date.

http://i175.photobucket.com/albums/w...icon_smile.gif

Some say "The sky is the limit". I say "I own the sky".
Quoting willf
Assuming you win. What happens when your next 10 trades all lose ?

Today, I have nine trades total. Eight that have a positive value and one that does not. This caculates to 72%. I did not mean to indicate that all were winners. I believe that is imposible. Some believe that it is posible, but if that were true, I wouldn't want to wait that long to place a trade.

I like to trade daily. I don't care if a few lose. I would prefer the most to be positive.

Some say "The sky is the limit". I say "I own the sky".
I just realized that I boogered post #3. I divided a line by mistake. Just before "11.82". Just when I thought I would fix it, I realized that I can edit posts from today only. That is a cool way to keep the masses honest. I have had people change things on me before and I like this system.

Some say "The sky is the limit". I say "I own the sky".
How are you doing this?
I think if you can make it through a month with more than you started, you're doing well.
Hey PipGod do you have a journal where you can post these trades on your $1,000 account? Thanks.
Quoting tdion
Hey PipGod do you have a journal where you can post these trades on your $1,000 account? Thanks.
No I don't. The strange thing is I have never had any kind of journal. I do wish I would have kept one. We remember things, but just some things. It would be nice to look over the last few years and reminisce.

Everyone, do yourself a favor and keep a journal.

Some say "The sky is the limit". I say "I own the sky".
Close positions gaining $35.84.

After opening new positions the demo margin is 2.0%


35.84
13.97
18.42
+5.21
73.44

Divide by 4(days) for an average of $18.36/day.

7.3% ROI to date.

Some say "The sky is the limit". I say "I own the sky".
Close positions gaining $8.78.

After opening new positions the demo margin is 1.44%

08.78
35.84
13.97
18.42
+5.21
82.22

Divide by 5(days) for an average of $16.4/day.

8.22% ROI to date.

Some say "The sky is the limit". I say "I own the sky".
having consistent winners is the way to compounding gains. way to go god
Closed positions gaining $1.50. I notice an opertunity, and had to take it.
An hour later I had $8.33 more.

(Just for the record I do not scalp, I usualy see this set up on a day chart and new the most likely outcome.)

After opening new positions the demo used margin is 4.77% (a little to high for me, but still ok.)

09.83
08.78
35.84
13.97
18.42
+5.21
92.05

Divide by 6(days) for an average of $15.34/day.

9.20% ROI to date.

So far this is more than 1%/day.

More than 200 trading days in a year.

I like it.

Some say "The sky is the limit". I say "I own the sky".
Can someone explain what is the reason for this thread??? Anybody can claim they can go from $10 to 100,000,000 in 2 weeks. So far you've "supposedly" made 920 pips in 6 days. Dude what are you doing on an internet forum? You should be a multi billionaire by now with these results. This has got to be the most pointless thread I've seen on here in a long time.
Quoting zawodowiec
Can someone explain what is the reason for this thread??? Anybody can claim they can go from $10 to 100,000,000 in 2 weeks. So far you've "supposedly" made 920 pips in 6 days. Dude what are you doing on an internet forum? You should be a multi billionaire by now with these results. This has got to be the most pointless thread I've seen on here in a long time.
Thank you for you post. The point of this thread is to let people (members or not) understand that they can start with a low account balance and get to where they want to go. If there is one who does not believe, I encourage a post or a private message. You have no use for this information because you must already know this is possible and are well on you way. Good work!

Again, Thanks!

Some say "The sky is the limit". I say "I own the sky".
Closed positions gaining $21.79.

After opening new positions the demo used margin is 4.3%

( still a little to high, but still ok. )


021.79
09.83
08.78
035.84
013.97
018.42
0+5.21
113.84

Divide by 7(days) for an average of $16.26/day.

11.38% ROI to date.

Some say "The sky is the limit". I say "I own the sky".
For friday just before close.

Closed positions gaining $94.27 .

After opening new positions the demo used margin is 6.5%
( I think that's to high. I don't like it. )


094.27
021.79
09.83
08.78
035.84
013.97
018.42
0+5.21
208.11

Divide by 8(days) for an average of $26.00/day.

20.81% ROI to date.

Some say "The sky is the limit". I say "I own the sky".
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