Shadow1 (By forex_trader_3828)

The user has deleted this system.

Shadow1 Discussion

Jan 12, 2010 at 02:32
523 Views
1 Replies
74AHT010
forex_trader_3828
Member Since Nov 29, 2009   3 posts
Jan 12, 2010 at 17:42
Shadow1.... this is a demo account with MB Trading. MB demos can be sensitive to 'disconnecting' and not coming back for a while. This happened to me recently and my account took a hit. Markets blew past my stop/losses..... lost quite a bit of percentage points. Linked another demo account from FXDD.... like a back up.
74AHT010
forex_trader_3828
Member Since Nov 29, 2009   3 posts
Jan 18, 2010 at 18:21
Since the account took such a hit.... I am going to double my risk per trade to try and make back what I had lost because the demo tradestation was disconnected and would not connect again till the market was beyond my stop/loss prices. I am only going to do this for January. If my demo tradestation is disconnected with live trades that should have closed, I will contact MB to see if they would close the trades as soon as possible. Since the highest amount of risk I use is 5%.... I will risking 10%. In my trading in the past, I used to trade risking double digits. Won't do it again.... that is a quick way to bust an account. At least that has been my experience....
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.