It was my personal target to reach 700% by the end of this month. I am there now. No analysis of markets tomorrow. Will start next week M onday. This is the seventh month testing my strategies. Still monthly gain is larger than overall drawdown. I do my best to break even in very difficult markets. Every month so far has ended in profit. Still rehearsing... and verifying my algorithm. In 2018 I will start a professional account management business. You would have had an opportunity to see me trading live account for a year by the end of 2017. Patience, discipline and practice are golden keys to profit on the market. All the best in your trading.
In this week the normal volatile characteristic of Dax 30 surfaced which made trading fun. After BREXIT, this has probably been the best week with so much volatility. I hope post BREXIT impact has ended. Now main focus is US elections. Will be interesting to see what happens next month and the months ahead. I have traded seven months varying seven different strategies. Overall drawdown is less than monthly gains. So far no month has ended in a loss.
I am about to add one more strategy to my trading...Have seen the others for more than six months. Dont know exactly how it will go. I want to try and peg monthly gains to at least 35%. This strategy may or may not work. 35% for 12 months with a starting capital of 2000 dollars compounding is about 73288 dollars. Being consistent for 10yrs is about 8731366437816215583 dollars. Hope my maths is correct. It looks crazy but might be achievable. Even if I end up with 20% per month for 10 yrs compounding, that is 6350084747560 😲😲😲. Becoming the richest in the world may not be so far perhaps. Lets see how the coming months turnout. And how consistent strategy is. Should this strategy fail will take it out.
In my opinion there are two main markets ranging and trending. The dynamics and strategies needed to trade this differ very sharply. Most developers develop their systems to suite one kind. So when the other emerges then account gets into danger. Ability to know when market is remaining or changing from trending to ranging and vice-versa and apply the requisite strategy is what separates winners and losers on the market.
For all you out there monitoring my system performance have sent a request to the customer service to verify track record. It was verified until may be Wednesday or Thursday. The connect to account button is not showing so when i update password cant connect to account. This is the link to mql5 page https://www.mql5.com/en/signals/229713 They seem to update more often.
For all you out there wanting to see me on real account it will come in January.Trading after BREXIT has proven to be vey difficult i need to do lots of manual trading to get two figure profits in a month. Before BREXIT could do this automatically.
Guys you can copy my signals now for free at https://www.mql5.com/en/signals/229713. Pls if you are going to risk a real account pls make me aware first. Britain leaving Europe has made the market very funny. Before BREXIT, I could make an average of 50% on monthly basis with a maximum relative drawdown of 34% leaving system alone to trade. After BREXIT, I need to be trading manually alongside to make double digit profits. This is because the mode of movement of DAX 30 has greatly changed. However single digit profits can be made trading ea on a purely automatic basis. One thing is certain though, you will never end month in a loss if I use ea or trade along with it. Unless perhaps something extremely weird happens which am yet to see. All you have to do is just watch and not interfer with anything I do. Wish you guys many million dollars trading.
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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.
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