demo FX trading account

Todays action:

Eur/US$

5 trades: at 5X margin $50,000 account

1) +$360
2) -$270
3) +$725
4) -$50
5) +$1,250

Profit: $2,100

Great volatility today on the Euro$.

My account is at $48,000 as up until yesterday I did not have a method to do it. Now I hope I have.

 

Great! But remember even blind chipmunks find acorns. Sorry. Couldn't resist it.

 

well just given back $700 in 2 losing trades. Calling it a day at +$1,500.

I hope I don't give it all back Monday.

I "think" I have found a way to make profits. Time will tell though.

 

Now, lets' just pretend I had amethod to make $10,000 per month.... THERE'S F**** WAY I'd share it with anyone for any money. Well if they gave me amillin I would cash out.

but I know enough about trading to know if i shared my succesful method with one person that's all it would take to ruin it over time.

NOT SAYING I HAVE FOUND THIS MRTHOD just saying why would anyone sell their winning method?

conclusion: If you buy it or read about it, don't bother with it!

 

Money management is the only method that works long term for me.

 

iam another $3,500 UP in the Euro $

What's happening there today? ROFL.

 

DEMO Trading only!

Todays action: Updated:

Eur/US$

8 trades: at 5X margin $50,000 account

1) +$360
2) -$270
3) +$725
4) -$50
5) +$1,250
6) -$300
7) -$260
8) +$3,030


Profit: $4,485

Great volatility today on the Euro$.

ROFL.....let's see what Monday brings.

 

I can't ever learn with a demo I go crazy and enter into 1,000 lot positions because I get bored. Best way is to trade micro-lots so you actually have a stake in the markets and not lose your shirt playing full lots.

 

speak for your-self. I am finding demo trading great. Even get a bit nervous when I am in. Which I am surprised about.

I want to make sure I have a consistent method that makes money over the month. New Year I'll deposit $50,000 and play around with it.

 

Chipmunk, if your doing that well, then dont share it with anyone else. I thought about about sharing my methods which have made me considerable amts of money, but to whom?...most ppl on here are wannabees, with big mouths, especially the ones always trying to predict the markets. Keep it yourself and dont look back... make your $$$, have 3-4 girls on the side, and let the others(they know who they are) keep dreaming about being a succesful trader.