$1,000,000 Properly Managed

Added 1 position.

Balance +1.12%

Equity +1.37%


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DepthTrade said:
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.
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Just out of curiosity. If you have decades of experience trading forex, why creating a journal, and on a demo account on top of that?
 
rb7 said:
Just out of curiosity. If you have decades of experience trading forex, why creating a journal, and on a demo account on top of that?
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Hello rb7, thank you for your interest in my thread.

#1 because there is absolutely zero difference between a real account and demo account. If one wants to state there is, that is on them and only shows where they stand emotionally when it comes to trading. Has nothing to do with me.

#2 As I stated earlier in the thread, I am fully invested in certain cryptos and plan on directing all my capital towards this strategy in the near future. Until that happens, I am open to other opportunities.

#3 I could potentially throw a couple 10s of thousands towards modeling this. But, I see no reason to do so, because since the platform trades in lots no lower that 0.01 and I am diversifying across multiple pairs, the difference between 0.01 and 0.02 is massive in terms of % (100%).
That being said, I might as well position it correctly by using a way bigger account, hence a demo of 1MM.

If people can't understand the reason and logic behind that, it only shows their level of understanding. If they can not grasp that, they won't have anything to offer me, nor want to.
 
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