Trading without a loss!!!!

Bigbear

Well-Known Member
#1
Dear friends,

I have challenged myself to start trading without taking a loss.
Will be posting my trades everyday live.


Demo account is linked to myfxbook.

https://www.myfxbook.com/portfolio/bigb/227178


Let's have a healthy discussion about the trades we have taken.
Any improvements/critics of the trades taken is welcomed.

Okay! Let's get Started!

PS: Highly motivated by SavantGarde, Who has been trading without a loss for a long time now

Disclaimer - Any opinions/trades presented in the thread are to encourage discussion. They should not in any way be interpreted as tips or advise for trading or investment. .
 
Last edited:

Bigbear

Well-Known Member
#2
Money management
 

Blitzz

Well-Known Member
#3
Dear friends,

I have challenged myself to start trading without taking a loss.
Will be posting my trades everyday live.


Demo account is linked to myfxbook.

https://www.myfxbook.com/portfolio/bigb/227178


Let's have a healthy discussion about the trades we have taken.
Any improvements/critics of the trades taken is welcomed.

Okay! Let's get Started!

PS: Highly motivated by SavantGarde, Who has been trading without a loss for a long time now.
Its not possible BB :) . Only way i can think of completing this challenge is by taking very small positions and waiting for market to come in your favour.

I can do this if someone give me 1cr rupees. And i will trade only 1 lot of nifty ;).
 

Bigbear

Well-Known Member
#4
Okay,

First trade Initiated.

Crude 0.5 @ 100.71

Regards
 

Bigbear

Well-Known Member
#7
What is your starting capital BB?
Exited Crude.

Looking for reentry in crude at lower levels again.


Dear Blitzz,

Initial trading capital is 100 000$.
Trading capital should be sufficiently large enough to take care of MTM losses & Margin . It does not work effectively to trade with lower capital.
Once i post MM, it should be clear.

:)
 

hills_5000

Well-Known Member
#8
Hi BIg B,

Whats the leverage. That can be a killer.

Do you intend to trade with USD 100, 000 for real ? If yes then this is fine . Else pls select the demo amount as what you actually intend to invest with and then take your trades. The approach to the trade and the ability to hold an M2M which basically boils down to trading psychology is totally diff between the two .

That IMHO would be a better approach since you are after all demo trading to one day put in actual cash... and you would want to have learnt the right lessons before you put in your money.

regards



Exited Crude.

Looking for reentry in crude at lower levels again.


Dear Blitzz,

Initial trading capital is 100 000$.
Trading capital should be sufficiently large enough to take care of MTM losses & Margin . It does not work effectively to trade with lower capital.
Once i post MM, it should be clear.

:)
 

Bigbear

Well-Known Member
#9
Hi BIg B,

Whats the leverage. That can be a killer.

Do you intend to trade with USD 100, 000 for real ? If yes then this is fine . Else pls select the demo amount as what you actually intend to invest with and then take your trades. The approach to the trade and the ability to hold an M2M which basically boils down to trading psychology is totally diff between the two .

That IMHO would be a better approach since you are after all demo trading to one day put in actual cash... and you would want to have learnt the right lessons before you put in your money.

regards
Dear Hills,

Leverage as of now is 1:400.

When i start trading forex in real account, My initial capital will definitely be 100 000$. I have thought about this a lot.
And when trading real account leverage will hopefully be 1:100..
Which we can manage with same kind of trades with little tweaks in MM.

And i intend to trade without a loss in real account too. :)

:)
 

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