(binned per thread starter's request) ALL IN - Surviving the Hig

I believe this is the first margin trade thread on FF. I just had this idea pop in my head when i am on the road this week and wanted to see if it is possible. I guess I will have a few set ups tested and updated on the thread as we go while I am attaching my demo account(s) here for study.

Now, don't expect we will be the millionaires tomorrow. I expect to have a few demo accounts blow up before I moved onto live. The worst is that I would probably kill the thread if I cannot meet my goal after 10 or so demo accounts. So don't have you expectation raised too high here.

Since it is an extremely risky way of trading FX, I will go ahead start on the demo(s) and progress my way up.

Current Status

1. Weekly US 5th in 11/1/15 Week
2. Monthly US 4th for the Month of November 2015
3. 7-10-15 Test on Live with small amount of cash
4. 12-10-14 Finished testing the 25th demo

Goal
20%+ Gain Per week
15% or less DD

Weekly U.S 50:1 Leverage Ranking Thread
http://www.forexfactory.com/showthread.php?t=491057 (http://www.forexfactory.com/showthread.php?t=491057)

Weekly Rank (Live Account)
Live Account US 50:1 Weekly Top-10 Rank Streak: 1
Live Account US 50:1 Weekly Top-10 Rank Streak: 0

1. Week 11/01/15 - 11/06/15 with +43.7% at US 5th (http://www.forexfactory.com/showthread.php?p=8579790#post8579790)

Monthly Rank (Live Account)
Live Account US 50:1 Monthly Top-10 Rank Streak: 1
Live Account US 50:1 Monthly Top-10 Rank Streak: 0

1. November 2015 with +38.9% at US 4th (http://www.forexfactory.com/showthread.php?p=8614533#post8614533)

Weekly (Demo Account)
Demo Account US 1:50 Weekly Top-10 Rank Streak: 2
Demo Account US 1:50 Weekly Top-10 Rank Streak: 0

1. Week 09/14/14 - 09/19/14 with +35.2%
2. Week 11/09/14 - 11/14/14 with +37.1%

Demo Account Terminated

1. 1st demo - 9 trade in 4 days
   http://www.forexfactory.com/showthread.php?p=7706914#post7706914 (http://www.forexfactory.com/showthread.php?p=7706914#post7706914)
2. 2nd demo - 2 trade in 27 Hours
   http://www.forexfactory.com/showthread.php?p=7706914#post7706914 (http://www.forexfactory.com/showthread.php?p=7706914#post7706914)
3. 3rd demo - 30 trades, in 12 days. Had to close because broker stopped MT4 service.
   http://www.forexfactory.com/showthread.php?p=7757306#post7757306 (http://www.forexfactory.com/showthread.php?p=7757306#post7757306)
4. 4th demo - 14 trades in 3 days.
   http://www.forexfactory.com/showthread.php?p=7760347#post7760347 (http://www.forexfactory.com/showthread.php?p=7760347#post7760347)
5. 5th demo - 68 trades in 14 days.
   http://www.forexfactory.com/showthread.php?p=7789201#post7789201 (http://www.forexfactory.com/showthread.php?p=7789201#post7789201)
6. 12-10-14 Just finished testing on the 25th demo.

Attached Image (click to enlarge)

Feel free to leave your comments below. Any intelligent and constructive debate is welcome.

I can see that you wanna use high leveraged positions. But on what entry and exit?

Hi Delfin, I am currently at 50-60% margin per position, 1 position at a time.

Here just getting the feeling how the margin trade feel like.

1st demo account reached 5% DD after 9 trades.


2nd demo reached 5% DD after 2 trades.


Next week will start a 3rd demo and see how it goes.

Back from vacation, and my study here continues.
Just picked up another demo account while heading in a news busy week next week.

I will let this one slide since I miscalculated my stop amount and excesses my maximum DD limit 5%. Other than that, I believe we had a good day today with a good recover from that 5.2% DD.

IBFX is getting rid of its MT4 by the end of this month. That goes my current active demo account here, too.
http://www.forexfactory.com/fxsaywhat/64

I have already set up FXCM demo account to continue afterwards. I will have link posted later on.

While FOMC is about 11 hours way, I am putting this account to rest till after the FOMC minutes.
If Fed state clear on is QE exit and plan for next rate hike, Plan is I would continue long UJ 107.50 and beyond.

Here we are, after first 20 trades at 50:1 leverage, this is what we have,

1. 30% return
2. 6.5% DD
3. 71% winning probability
4. 2.15 profit factor.

To me, I would consider this account is not too bad although winning factor could go a bit higher would be nice.


Anyway, I guess margin trade is no longer a myth, and it's proven doable for me at least for the past 6 days or so. I am gonna continue work on it till IBFX pull the plugs on its MT4 server or by the end of this month which ever comes the first.

Summary

1. 34.24% gain
2. 6.85% dd

1. 24 trades
2. 2.25 hours average holding time
3. 2.36 profit factor
4. 75% winning rate

1. Pair traded : GBPAUD, GBPNZD, GBPJPY and GBPUSD

Thoughts


Margin trading in a news heavy week such as this week is extremely risky because it requires you to have feet like rabbit to dodge all the potential news risk left and right.

The pairs I traded this week were GBPNZD, GBPAUD, GBPUSD and GBPJPY, and these pairs are considerably the most volatile pairs in the FX market. With the news come GBP's rate decision and the ongoing Scotland independence poll this week, it was extremely hard to nail down a good entry for a profit run.

There is no time to wait once the price turns around. Admit your trade is on the wrong side of the trend, close it and reentry. There is no time to wait because with 80% account size in position, 5% in red would resulted within couple seconds in the GBP pairs.

I consider this week I did pretty well gaining over 30% in 4 days with DD as little as 6.85% trading the most volatile pairs in a such news heavy week.

Done for the first week and looking forwarded to survive the next week now.

The first roller coaster event happened last night when GBP faded away from its Scotland independence poll rally.


Wrong decisions were made on whether or not the sterling bull trend would continue through out the London section.


Although lost was recovered later on with a huge 24% gain, it didn't make me a happy trooper since DD is now at %15.15 due to the 4 consistent lost.

FF Demo Weekly Rank (World) - 17th
FF Demo Weekly Rank (US) - 1st


Next US Rank - 67th at 9.3%

I learned IBFX has stopped its MT4 service both live and demo last Friday 9/19, and that also goes for my progressing demo account.

Had a good run on this account although it would be better if DD could have been lower.

And study continues with FXCM now,
http://www.forexfactory.com/fxsaywhat/63

Demo 4 is out. Too much leverage on a wide range stop, and first stop took out the 5% DD right the way.

Although last week had 17% gain down from 41%, and no.2 in US, I am still not too happy about the result due to large draw down after 2 heavily leveraged positions got shaken off on the 5 minute chart.

It's quite obvious to me that the entry rule and entry timing needs to be more carefully selected.

This week will be more careful and hope good result will come.

Demo 5 is out due to DD

Just giving a quick update the current demo is currently ranked No.1 in US (1:50 leverage) this week at 35% gain.



there are still couple days to go and hope the spot would continue to hold.

U.S Leverage 1:50 Demo Current Rank: 1
+37.1%, 44 Trades, and 3.29% Draw Down



U.S Rank 2
Tinker 14.1%
http://www.forexfactory.com/fmsfx/37

Judge by the gap between me and Tinker, I should be able to pocket the this week's US 1st spot with only less than 20 hours to go.

Looks like we are finally getting somewhere.

Week 11/9/14 - 11/14/14
31.7 Return, 56 Trades, 2.57 Profit Factor, 3.62% Draw Down

Weekly US Demo (Leverage 1:50) Rank: 1st
Weekly International Rank: 24th


US Demo Rank: 2nd
Tinker, 25.9%
http://www.forexfactory.com/fmsfx/37