Trade What You See - Almost Naked Trading

Hey Gang,

In order to keep my last 24 hour Oanda Profit, I decided to close out all my trades and wait until after London Close and at approximately 2 pm EST to begin looking for new setups as per the suggestions of LG21 - see the first Posts here on this thread. Otherwise, I am likely to simply lose the Pips that I made trading the major changes from News.

Here is the last portion of the Detailed Report for the last 24 hours - Besides Net Profit, the Profit Factor (PF) greater than 1.5 to 2.0 and keeping a Drawdown < 20% are key factors for your overall goal:

My Demo 5 Day NY Close Demo FxChoice Detailed Report over last 24 hours:

Here is my New (last 24 hour) FXCM 5-Day-NY-Close Demo Broker account to be able to really compare my trading using the three Brokers Oanda, FxChoice and FXCM in order to see my personal preference for a future Real cash account:



And, here is the last 24 hour report with FXCM:



Please not, that this morning I was able to close all my trades with FXCM except for NZDCHF noted above. For whatever reason, I have had quirky problems with both Oanda and FXCM with either trying to log-on on weekends or trying to close a trade. If you look up FF threads regarding these two Brokers, other USA traders have had similar issues. However, so far, my FxChoice accounts for my locality in the Southeast USA has been the most stable.

Now my Demo FXCM account: