Yes it is, and a prime example of what trading the markets can be like, even when you have some education, and the emotional stress of life gets in the way of making money. While it is easy to spot good trades, it is not always easy to take the trades, and even harder to make money consistently over the long run.
While it's ugly to see, unfortunately it's all to common as I'm sure most accounts that look very similar. For those who want to see what it looks like trying to trade on their own may look at the entire log up until November 17th, 2010.
Starting November 17th, 2010, the account will be managed by our Holy Grail EA exclusively. We will see how long it will take to turn around this PAMM account going forward. We have reset the start date of the log to the date when we started letting our Holy Grail EA manage the account.
As it is with running any business we make money by buying wholesale and selling retail.
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.