I traded with a $100,000 demo account for the last 3 months. Thought I would share my results.
Total Account Start $100,000
Total Account now $101,960
Profit = $1960
Total wins = 28 55%
Total Losses = 20 40%
Break even = 3 5%
P/L current doing a grail pattern 🙂
28.11.2022 Short EURGBP Win $881 A
29.11.2022 Short EURUSD Win $118 A
29.11.2022 Long AUDUSD Win $656 A
30.11.2022 long EURUSD WIN $553 A
01.12.2022 scalp short EURGBP WIN $590 A
01.12.2022 Long EURUSD WIN $1300 A
06.12.2022 Short GBPJPY Loss $-961 A
05.12.2022 Long EURJPY WIN $478 A
08.12.2022 Scalp short EURGBP WIN $151 A
09.12.2022 Scalp Short EURUSD WIN $420 A
12..12.2022 short AUDUSD WIN $100 A
13.12.2022 short EURGBP WIN $258 A
05.12.2022 short EURUSD Loss $-1143 A
14.12.2022 Short GBPJPY Loss $-500 A
14.12.2022 Short GBPUSD Win $1600 A
19.12.2022 Scalp long USDJPY WIN $300 A
20.12.2022 Scalp long GBPJPY WIN $150 A
16.12.2022 Long NZDUSD WIN $130 A
02.01.2023 Long EURJPY Loss -$772 A
04.01.2022 EURJPY WIN $1009 A
05.01.2023 short AUDUSA Win $90 A
29.12.2022 Long EURGBP Loss -$290 A
03.01.2023 EURUSD short loss -$580
09.01.2023 Long EURGBP Win $656 A
08.01.2023 Short USDJPY WIN $1182 A
12.01.2023 EURJPY short WIN $1295 A
09.01.2023 GBPJPY Short Win $1140 A
16.01.2023 NZDUSD short loss -$1154
16.01.2023 AUDUSD Short loss -$953
16.01.2023 GBPUSD Short loss -$1021
19.01.2023 EURGBP Longs loss -$214
19.01.2023 NZDUSD short loss -$1019
11.01.2023 USDCAD long Win $233
18.01.2023 GBPJPY Short Win $1000
23.01.2023 EURGBP Long Win $1000
23.01.2023 EURUSD Short loss -$1000
01.02.2023 AUDUSD Win $763
14.02.2023 GBPJPY Loss -$1047
14.02.2023 NZDUSD Loss -$1000
13.02.2023 AUDUSD B/E $0
08.02.2023 USDJPY Loss -$1047
07.02.2023 EURGBP Win $1000
22.02.2023 USDJPY Loss -$1000
16.02.3023 NZDUSD Loss -$1000
17. 02.2023 AUDUSD Loss -$1000
20.02.2023 AUDUSD Loss -$1000
24.02.2023 EURJPY Win $1000
27.02.2023 EURGBP Loss -$1000
27.02.2023 EURUSD B/E $0
02.03.2023 EURUSD Win $734
02.03.2023 NZDUSD win $774
Very hard to trade with a full time job. A lot of the time I would not look at the charts for 8+ hours and come back to DM switch and a loss.
I found trading against the net DM squeeze ended badly but also resulted in missing loads of trades.
I found it hard to predict when the Net DM squeeze was collapsing or it was just a small turndown before continuation.
I found a lot that price would move then 3+ hours later the volume would appear on the on previously printed candles a couple hours back( like a huge lag in the position being opened and then showing up on the charts)
Hope people find this interesting.
I will share my results after another 50 trades and see what improvements I can make to my trading.
If anyone has any advice would be greatly appreciated?.
PS: I am a novice trader who has never been profitable with any trading systems so don’t think my result will mimic anyone else’s results.
let us see whether the MK web v11 can push your curve up nicely.
Which risk management policy are you using?
Nothing complicated. I just only risk 1% per trade and try have my risk reward at 1:1 minim. Can you suggest any better options?
“Very hard to trade with a full time job. A lot of the time I would not look at the charts for 8+ hours and come back to DM switch and a loss.
I found trading against the net DM squeeze ended badly but also resulted in missing loads of trades.”
“PS: I am a novice trader who has never been profitable with any trading systems so don’t think my result will mimic anyone else’s results. ”
What kind of setups / time frames did you focus on?
Do you have a fixed TP / SL?
All the best,
Because I work a lot and can’t be at a computer in work. Iv been focusing on 4H range reversals.
For my stops and TP.
I do my stops two ways.
All set in the book
1: I use a mk stops on the chart if possible if it is available
2: I just use 1:1 of my target
My take profits.
I just close 50% at the 4h blue band like and hold the other 50% and close if I see DM switch or weakness