MIDAS6 Discussion

how is the recent trend going to be explained now its seems to have gone all bad?

well we can see now that the 50% loss of the appreciated account happened ... it's good at least that they have the break set on 50% and not on 100% (margin call) ....

yes but could of happened on the 1st trade jsut as easy too

The settings and strategy for this account have changed considerably since I started it back in October, some 3 or 4 times now I think!

My initial intention was to employ good money management by replacing my initial capital which I believe I achieved within 42 days! I only recently decided to pull out the balance of this so that I was just now 'playing' with pure profit and thus with no risk.

Then I changed the settings to play different pairs (which you can see by clicking on the different months' bar charts). The latest settings are quite bullish in that the pairs now being traded are USD/DKK which are quite volatile but yet provide me with more than double the trades I was achieving previously, this was done with the intention of risking only around £500 of the account balance with the goal of doubling the account again and this time within a month!

Obviously this has not worked yet given the considerable drop on the pair of some 700 points in the last 24 hours! Which I must say happens on this pair rarely in such a short space of time, therefore most of the time you should be able to double your account and draw down your monies and do it again!

We will not give up and we have several other settings being tested on live demo accounts as well, these can be found by going to my profile or doing a search for Low Deposit Doubler! Which we hope to release the settings of to our customers in the near future. By doing this it would clearly open up the market to those of us only wanting to risk small (less than £1k) deposits, but at the same time doubling it in less than 42 days!

Watch this space and thank you for you interest!