$1,000,000 Properly Managed

[TheDawn]

Dest is still here - simply in the weeds.

Of course he is here. All of his minions are still here, touting for him, alluding to him with statements like "I wish Dest is here", "Dest will be this and that" and etc.. LOL His minions are his Horcruxes. As long as his Horcruxes are alive and well, of course he is still here. LOL

 

[TheDawn]

As a forum user when starting a thread like this, you have to ask yourself the "why" of why you are doing it.

Is your audience people who have $1,000,000 to put into a forex account? If so, why would they listen to someone who does not have 1 million of their own money on the line?

What do you really hope to accomplish here?

I wouldn't mind going through the exercise to explore the possibilities. It's like people posting backtest results except it's with a live demo account. At least everything is transparent and disclosed. We know it's a demo account. And the guy is not selling anything. I would much prefer this over posting without using their real name with some fake "real account" with fake and/or incomplete results to give the illusion of profitability in order to achieve some kind of possible hidden agenda.

Real fake is always always better than fake real, any time any day.

 

[TimtheEnchanter]

This thread went from fake forex to crypto. I just wasted a few minutes of my life. Thanks!

 

[traider]

Hello and welcome to my thread.

Here I will be trading the 8 currencies with the highest volume and all the pair combinations associated with them. This is to showcase how the proper management of large cash accounts should be traded using the Foreign Exchange markets.

There will zero martingale or double trades in any pairs. Each traded pair is entered into, then completely exited before any money is allocated to that same pair. These are single directional trades into each pair that meet parameters.

Attached is the platform I will be using to model this procedure. In the top right and bottom left of the screen you can see the $1,000,000 starting balance.
This account will be adjusted daily. Target is 10% per year with a projected drawdown of less than -1.0%

Thank you for your time.

View attachment 318046

Does it show swap rate . What is rate charged for EURUSD for example?

 

[DepthTrade]

Does it show swap rate . What is rate charged for EURUSD for example?

Hello Traider
I consider it to be insignificant because these trades will be held alternating between long and short. If not for that, the strategy is profitable and I can't get around paying it, so I am not going to worry about it.
Looking over the platform, I do see a column to add "swap" fee to it, so I may add it.

 

[DepthTrade]

Closed previous positions, up about +0.09%
Current postion value about 570k usd.

 

[semperfrosty]

You have Jim Cramer as an avatar, enough said.

I'd like to hear the answer.

 

[DepthTrade]

Made 3 more trades over the night.
Account now at +0.48%

 

[DepthTrade]

Current balance +0.93%

 

[SunTrader]

We both have 15 years here, we both know your statement is irrelevant. If not so, there would be plenty of people on here with demo accounts showing massive profits. This has never been the case and never will. The closest to that would be a person starting multiple accounts and showing and going forwards with the winning account. But, given enough time, they will blow out.
I have decades of experience and can back up any statements I make about trading forex.
If I wanted to lie, I could just pick any random platform and chose an odd account balance and post it as a live account. You don't have the experience to make that kind of statement, nor have any statistics to back it up. What we do have is this forum and it proves your point as false.

Your screenshot shows demo .... enough said.