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So here are the results of the 1 month trading in a live account where I am now as of Monday 18th November... scaling into with a $10k account. I made $1192.70 with a $1000 account, a 119% increase. We are using a highly leveraged account to achieve this but the drawdowns have been manageable..
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So the portfolio I’ve been running on a small live account has done really well, over 100% return running across 3 algos in the portfolio. Results are great and it’s times to capitalise which is why it’s time to scale up now.. my account doubled to $2000 and I’ve added another $8000 to make
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Actually, I did turn off my bot portfolio when I went to sleep and reactivated it again.. I had it running side by side a demo portfolio also and the demo portfolio returned 100% in the time I was asleep! Shame I didn't leave it runninng on my life account!
Still the two days of trading on the
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One of the reasons why I post my entries and exits is because it doubles up as my trading log of what I'm doing. I can learn from my mistakes (hopefully) and this should in the long term make me a better trader.
Today I got some good entries but I didn't follow my gameplan which would have left me still in the trades. This was for both the below trades GBPUSD and GBPJPY.
I had entered both short. The GBPUSD I entered on Friday morning and I didn't feel completely confortable with it as Fri
July 18, 2011
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I mentioned that I would follow the DDFX trading system which works as an Expert Advisor in the Metatrader 4 trading platforms and provide a review on it as it is tested. On Friday there was a short entry with the arrows lining up and also 3 red trend bars (the last one is a sentiment bar and doesn't need to be taken).
Let's see how this pans out. I'll be taking the trades as I see them and keeping you updated.
July 17, 2011
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Following my previous post on Forex systems within Metatrader which repaint, I went on the hunt for systems which specifically mention that they do not repaint. If you want to understand why, then please look at my previous posts.
The biggest advice I can give you when you're using Metatrader systems is to ensure that it is a system that does not repaint. If it does, prepare to lose money no matter how good it looks.. repainting systems are a fraud.
Ok, so after scouring the web for someth
July 16, 2011
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