If it was big business wouldn't exist. Need stable currencies for global business to work. If you want to leverage to +100:1 and put down gazillions to try make a quick buck, then yeah sure, it is chaos.
Congratulation, if you know whether the GBP/USD goes up or down tomorrow and how much. I don't know it and in addition I'm not interested in. The only question for me is, will the movement of the currency strong enough to make money and even this I cannot answer. And at which time... in the morning, in the afternoon... nobody knows...... for me on a short and medium term view the movement is chaotic. And that is the reason why most of the people in trading loose money. They try to predict or forecast something according to mathematical formula, which cannot be described with discrete formula. That's what I say, not more. And that is of course not the view and the demand of an economist.
djack23 posted: Notice how the growth and equity growth lines are diverging more and more.
I cannot see the divergence...... they simply run in a channel...... be sure tomorrow, in 2 days or in 5 days you will tell me that there is a convergence.... each interpretation depends on the time range ;-)
TheCyclist posted: Divergence should be more evident now?
Not at all........ it is the normal behaviour for a system which likes ranging markets. And the major part in a year we normally have ranging markets...... the only question for the demo system is: is the risk setting too high to survive the trend?.....But I don't think so ;-)
Sorry, but you make your conclusions without any knowledge about the system and the idea behind it. Nobody forces you to follow my accounts. But if you follow, you'll see that it will run with profit.......... nobody's knows the future, but the profit of the real system can be estimated with 10 Euro/day and the demo system with about 150 Euro/day.
By the way, in regard to stops..... have you ever thought about hedging?
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.