How I trade 8 currencies and their combinations and make $$$ each week!
- Thread starter MarchFX
- Start date
My main account has $10,000 and I make good profits. I haven't shared it with the general public because I want to build a track record for at least 2 years. Serious traders/investors don't just follow anyone, they want a track record they can rely on to make their own projections. That is what I am working on. I am also trying to lay the groundwork to attract those traders and investors. The fact that you have not complained about my loses but my lot size is a great encouragement that I can get the attention of the investors I am looking for.
For those skeptical of my small lot size, please not that I take these screenshots from my demo account. Please pay attention to the accuracy of my signals not the lot size. Even if I use 1000K will be of no benefit to me, this is a demo account, and I have another small account available on ZULU, @destriero hope I make sense. because if you do the opposite, you will miss the point I will be trying to put across here for the next 24 months, God willing.
Hi @Will90
sure. The reason I trade on demo account is that there are certain rules that I must follow. One of those rules are that never risk more than 30 pips for any of the 28 pairs formed from the following combination (EUR,USD, GBP, JPY, CAD, CHF, NZD, and AUD). So whenever I see a chance to trade, I use the demo account to determine if stop loss is moreover than 30 pips. It would be unprofessional for me to use my real account to make that confirmation and then realize that the stop loss should be more than 40 pips and then close that trade immediately. The stop loss is always set at the most recent lowest point (on 30 minutes chart).
sure. The reason I trade on demo account is that there are certain rules that I must follow. One of those rules are that never risk more than 30 pips for any of the 28 pairs formed from the following combination (EUR,USD, GBP, JPY, CAD, CHF, NZD, and AUD). So whenever I see a chance to trade, I use the demo account to determine if stop loss is moreover than 30 pips. It would be unprofessional for me to use my real account to make that confirmation and then realize that the stop loss should be more than 40 pips and then close that trade immediately. The stop loss is always set at the most recent lowest point (on 30 minutes chart).