@fxtarpan as I have already said, this is no EA, my trading is manual.
However, I try to improve my trading strategy every day. The purpose of this strategy is to reduce DD and increase profit. Nevertheless, the market dictates its rules, and drawdown is the part of the game. As it has been mentioned before, and I think each trader should do this way: when you invested any amount in this kind of business, the most important is to take the invested funds back. But even after that one should be careful. My mistake used to be too much relaxed attitude to account balance after I took my deposit back. Income capacity defines the time which will require you to make up for the initial deposit.
Thus, if one's monthly profit is 30% or more, it will require about 3 months to earn initial deposit. If it is 2%-5%, then it will take a long time for you to make sense out of forex trading. Considering how does market behave during the latter time, it can make one feel very unsure whether forex is a worthy business.
Gainsy is a joke i know several people who have lost over $50k each with Gainsy. Do not touch. If your system works do it with another broker. I dont care which one. But do it. If not, its fake. I dare you....
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.