WimConrad

Joined Jul 02, 2020

Posts: 18

Connections: 0

Experience: More than 5 years

Location: South Africa

Profile

Bio

I'm over 50 and self taught.
Learning the hard way is the best.

Trading style

Manual, following the big guns and trying to trade with them.

Systems by WimConrad

Name

Gain

Drawdown

Performance

OneFunded OneFunded

Demo

1:100

MetaTrader 5

-9.30%

9.48%

DNA Funded DNA Funded

Demo

1:50

MetaTrader 5

+0.00%

0.00%

Recent Posts

Is a demo account really neccassary?

OK this is going is circles - so I want to make two statements:1: To trade you need to have a working system - to test this system you need to test it without too much extra baggage (psychology, etc.) - using a demo account!2: If your system works to your liking, you can then go to the next step to ...

12036

Jan 09, 2023 at 13:48

Is a demo account really neccassary?

This statement I will agree with - get your ducks in a row before you go live - even a micro account can make you negative about trading if it is blown!

12036

Jan 04, 2023 at 09:15

Is a demo account really neccassary?

100% - If you have to ask if it is necessary to test your system AND any changes after the beginning on a demo account before going live - well let's just say you are gambling, not trading!

12036

Jan 03, 2023 at 14:24

money manage and leverage

If you want to use leverage just work out your risk amount on every instrument on your exact stop loss!If 2% of your account works out to $200 - and you want to use a 20 pip stop loss - adjust your lot size to get exactly that pip value and you will not lose a sent more.Different leverages will giv...

6259

Feb 04, 2022 at 07:28

Is a demo account really neccassary?

I agree - see demo trading as a trial run without the added pressure of losing money. Your system should be tested thoroughly before going live. The main thing for me is to gain trust in your system, then you eliminate most of your personal inputs that can have a big negative influence on your tradi...

12036

Dec 20, 2021 at 12:00

WimConrad's Reviews

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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.

EURUSD	1.14761	GBPUSD	1.33862	AUDUSD	0.69799
USDJPY	162.887	USDCAD	1.40467	USDCHF	0.8124