Wanted to show that I am trading my own live personal account. Had some questions about using a demo to track my trades. I have been using a demo to free up my personal account in case I wanted to change leverage, experiment or split it across multiple accounts. In the top right corner, in a live account the letter 'A' has black in it and the demo account has white in the letter 'A'. I am holding a position value of about 250k USD.
What criteria do you use to make a decision what currencies to buy or sell and what should be the position size?
Hello gkishot, thank you for your interest in my trading. I am watching a multitude of things. Watching multi commodity butterflys along with technical analysis and spreading the balance evenly across the pairs in play.
Man, that was a wild ride the last 24 hrs, I guess because of the holiday yesterday. Had lost all my gains made since sunday night, then lost that much more, then made that back and made back a large portion of my original gains. Tonight is going to be a good night, I can feel it !! Live personal account. Demo account to track trading.
"War is all deceit. If you can do something, make the enemy believe you cannot; if you are close, pretend you are far away." Hello again gkishot. I don't want to be responsible from sending you down a rabbit hole for something that might or might not even exist. Yes I had developed something, but there are so many strategies that exist. The most important thing to learn is how one can enter and exit the market consistently day after day breaking even, then refine it from there. If it did exist and there were articles on it, it would not exist, because it would be traded out. Also, I would be handing you my bread and butter. The most important thing is consistency. Even if one does find something that works, variables can change and make a call irrelevant. This is a problem for everyone, even those using the most advanced software, the market is changing instantly and constantly. You can be correct the majority of the time and a fraction of a second later, everything changes. The players change, algos positions have changed. Even the invisible hand 'hft' that we fear is front running because "that's the only thing left" fails constantly, because they're getting in front of trades where the variables are changing too. So what's left? maybe nothing. The market could be that efficient. All the success stories we hear about could be outliners, that just happen to be catching a small sliver in decades old ranges. When all is said and done, it's all a zero sum game and luck can last a hell of a long time. Only one thing matters, consistency. The losers are inconsistent. http://www.btwaters.com/probab/flip/coinmainD.html