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DemonicFX (By Shinshiro)

Gain : -56.75%
Drawdown 74.44%
Pips: 2292.0
Trades 271
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Manual

DemonicFX Discussion

Shinshiro (Shinshiro)
Feb 15 2015 at 10:56
1 posts
OBJECTIVE:

To demonstrate micro account trading can produce relatively decent profits.

However, with greater ROI comes greater risk-taking, hence drawdowns may be substantial.

In order for the strategy to be successful, careful trade selection is imperative - HIGH PROBABILITY TRADES ONLY!

CURRENT SHORTCOMINGS:

- Overtrading
- Poor trade selection
- Second-guessing price action resulting in poor trade management
- Overleveraging to the point where the system's risk threshold is exceeded.
- Lack of discipline
- Not allowing trades to play out completely

Just FXckin' get it right!
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