my forex trades...!

linkon7

Well-Known Member
#1
This is just a log of few trades i am taking on forex...

Intention is to start trading forex soon... so preparing myself..
 

linkon7

Well-Known Member
#2


reason :
 

linkon7

Well-Known Member
#3



reason :
 

linkon7

Well-Known Member
#5
trading with $100000 in demo mode certainly doesn't work.
there are a lot of sentimental and emotional trades we make with such a high margin and we tend to hold our positions even when they are at loss.

anyone who gives you as low as $250 to trade in demo is a real place where you can learn as if you are trading for real.

if you want to trade with $250, $500, $2500 and up to $50000 in demo mode, my advise is, you visit http://forexfortune.in/demo.asp and select an amount which you are planning to invest so that you can judge how successful you are in trading.

good luck.
When i opened the account almost 4-5 months back with trading capital at 100 K.... i had no intention of trading forex... It was just to test out various strategies and setups... Objective was to make the 100 K into 10 mill...


Thanks for the tip... i'll open a new account with 1000 $ and check my performance there... as that will give me a good feel...
 

linkon7

Well-Known Member
#7
opened a new demo account of 3000$... for the purpose of trading it like a real account...

Trades are limited to 1 lot only... and target is just 5-6 pips per trade initially... as objective is to develop buffer of at least 1000$ so that i can afford wider sl...

System followed is a combination of guppy & double BB. Time frame used is 15 min for direction and 1 min for trades..... MP is used to gauge potential entry zones... A custom oscillator is used to time the entry...

so far 5 trades... 32 pips collected... no sl hit...

 
#10
First, I have opened a demo account with $10000, And then in a month I made it to $16000(all my entries are less than 2 lots).

Again I opened a new demo account with $200, a couple of weeks before. In one week, I made it to $950 then continued to trade, last week, I had many SL hits and now I have balance of $247.

I have opened a new Live account in alpari last thursday and transfered $200. But I am still worried to start trading with it, Since I may loss. So anyone here can explain how should proceed to trade from this situation???

Thanks in advance.
 

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