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LiveForex Account (ZuluTrade) (By Splexin )

The user has deleted this system.

LiveForex Account (ZuluTrade) Discussion

Splexin
Jun 20 2011 at 06:37
202 posts
System working as designed, though I exited most recent trade 5 minutes too early 😝

Anxious to reach $10K on live account so I can start seeing these results in real money 😉

May the pips be with you!

Splexin

Splexin
Jun 21 2011 at 09:33
202 posts
For those wondering, I do not place trades every day-- sometimes yes, but only if market conditions are appropriate. Each trade may be open between 3 hours and 3 days, depending on volatility. No news trading, strict 30 pip SL and 100 TP. May bag profits early if trend lines, pivot points, or S/R levels suggest a turnaround is probable.

And obviously, this is a demo account. But I am trading exactly as I would with $10,000 in my real account. Consistency and strict money management are the ways to win. Technically speaking, I only trade at 10:1 leverage. Many people do not have the discipline to hold to that level.

Recently, I've discovered why my signal account is more successful than my personal live account-- aside from having more capital to work with (i.e. placing orders of 1 lot, rather than using a calculator to place trades of 0.08-- simple!), I find myself not hesitating to take a trade. Hesitation and impatience are my weak points in real-time trading, but when I see the balance of $10,000 with the $3,000+ current profit, I feel more confident and place the trades without doubt. 😄

Hopefully this will spill over to my real $$$ trading when I reach that point.

speki
Jun 21 2011 at 09:48
735 posts
Good luck and pls keep us posted. In fact you're on ZuluTrade now and have a new site up and running too?

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Splexin
Jun 21 2011 at 18:09
202 posts

speki posted:
    Good luck and pls keep us posted. In fact you're on ZuluTrade now and have a new site up and running too?


Yes, I'm on ZuluTrade but my profile won't start showing up in their Performance profile until I reach 31 trades. So I still have awhile before I get some followers. But yes, I also have a new website up and running, though I have not yet published the commentary videos etc since I've had a lot going on in the real world. Hoping to get some videos up next week 😄

Plus, I've been busy planning my strategy for the trading contest 😉

Splexin
Jun 23 2011 at 19:16
202 posts
Once again, exited too early. Target was 1.4250 and I'm pretty sure it will get close or hit it 😂 Already a good 20-30 pips higher as of this writing. But I got out early with only 67 pips (reason being that I thought it was a flash move that would retreat). 😑 Poo! I need to stop doing that 😝

Anyways, more than 12% gain in 3 days with very minimal risk...all in all nearly 40% in 2 weeks (8 trading days) of the account being open.......pure luck, or something else? 😎

The system I trade is more longer term, no scalp nonsense, which might explain why it grows faster the more money you have available. Let's see how far I can take this, I bet I could have the lowest drawdown on MyFxBook due to my strict risk management. Live account isn't fairing as well, currently down 2% 🙄 But then again I only have $2000 in that one.

Trading contest is getting closer, it would be nice to take that $3000 (or even $2000) and add to my current $2000 for a total of $5000...maybe then I could start seeing the success (or at least half the success) of my signal provider account 😀

Splexin
Jun 23 2011 at 19:27
202 posts
Edit: Yes, EUR/USD exceeded the 100 pip Target. Damn, see that's what happens when you keep the platform open and don't let the trade do it's job!!! LOL 😁

<a href='' target='_blank'><img src=''/></a>

speki
Jun 24 2011 at 10:12
735 posts
Well, sustained, consistent good returns surely cannot be attributed to pure luck. There must be some skills involved 😉
Do you plan to play your signals on a live account? I would definitely look impressive.
Good luck with the contest. Would be nice to snatch that pile of cash, eh? 😁

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
temitope123
Jun 24 2011 at 10:17
106 posts
what is your signal name at Zulutrade?

Splexin
Jun 24 2011 at 15:47
202 posts
speki posted:
    Well, sustained, consistent good returns surely cannot be attributed to pure luck. There must be some skills involved 😉
Do you plan to play your signals on a live account? I would definitely look impressive.
Good luck with the contest. Would be nice to snatch that pile of cash, eh? 😁


Agree! 😄

Yes, due to their success, I do plan to use my signals on a live account. I am just trying to get my balance to a reasonable amount in order to use them to their best extent. My live account is currently up 2.3% in profit, because I made money in my sleep 😁 But it will take awhile to reach the optimal $10,000 that my signals work best with.

Thanks, and yes that pile would aid my cause greatly! 😄

temitope123 posted:
    what is your signal name at Zulutrade?


LiveForex.Biz - you can see the trade history at https://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=56018

Interestingly enough, that page lists my lot sizes incorrectly at '10'. Should say '1' but perhaps an issue with my cache.

Splexin
Jun 28 2011 at 04:28
202 posts
Limit Order expired during my dinner -.-

Normally I set my limit orders to expire in 24 hours...for some reason I set this one incorrectly 🙄

See screenshot for proof that I called the trade 2 days ago (posted on my website). Entry was for 1.4325 (just above 61.8%). Current price is 1.4290, session high 1.4328ish. Actually a few hours ahead of predicted time. Amazing.

Of course, the trade could turn around 5 minutes from now, but it looks to be in favor. You could bag at least 30 pips.

<a href='' target='_blank'><img src=''/></a>

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