5k to 20k in 2 months
Okay, let me clear a couple of things first.
1. I don't have any EA for sale.
2. I am not starting this thread for bragging.
3. That performance is in a demo account.
Now coming to the point, I have started a demo account with Alpari 2 months back and started paper trading forex. This is my first experience trading forex. I have attached my trades with this message. I didn't have any specific strategy or EA for my trades. I have experience in stock market. I used that knowledge (breakouts, support, resistance etc). I had no losing trades and as the title says, went from 5k to 20k in 2 months. But I realized, I am getting bored trading paper money. I mean, what's the fun if you don't see some real gains. I am writing this for any suggestion regarding NDD/STP broker with minimum possible starting capital requirements. (I am in US). If starting capital is 5k USD, I will be opening my account soon. If it is more, I will just wait until I can afford to risk that much of money in trading forex. Also, any other suggestions before putting my real money are also welcome. (I am not expecting to make 100% returns every month in real money ..LOL..10% per month and I will be more than satisfied) I already learned a few good lessons in demo trading.
1. Instead of sell order, I placed buy order. That happened twice..LOL . I am used to only buying stocks. Never shorted them. That's one good lesson I learned. Think twice before confirming your order.
2. Leverage, leverage, leverage. I was placing orders with 1:20 leverage during the initial days. Once an order went against me and even though I knew that my technical analysis is sound, I realized my account could get wiped out before the order turns in my direction. So there was a drawdown of 60% on the account. If it is my real account, I would not have slept during those days. LOL.. However, in the last few days, I reduced my leverage to 1:7 at the most.
What's ur point ?
I am writing this for any suggestion regarding NDD/STP broker with minimum possible starting capital requirements.
This forum does not permit discussion on specific brokers.
Paraphrasing your question to BillBrian about English - its pretty self-evident that this is a programming forum.
And if you want to live up to your aspirational username, you'd need to stop losing your kool.
CB
He could have replied that we cannot discuss on specific brokers (instead of his condescending, 'what's ur point'?). Thats what ticked me off. And my username is, well... just a username. Not a description of my personality.
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Okay, let me clear a couple of things first.
1. I don't have any EA for sale.
2. I am not starting this thread for bragging.
3. That performance is in a demo account.
Now coming to the point, I have started a demo account with Alpari 2 months back and started paper trading forex. This is my first experience trading forex. I have attached my trades with this message. I didn't have any specific strategy or EA for my trades. I have experience in stock market. I used that knowledge (breakouts, support, resistance etc). I had no losing trades and as the title says, went from 5k to 20k in 2 months. But I realized, I am getting bored trading paper money. I mean, what's the fun if you don't see some real gains. I am writing this for any suggestion regarding NDD/STP broker with minimum possible starting capital requirements. (I am in US). If starting capital is 5k USD, I will be opening my account soon. If it is more, I will just wait until I can afford to risk that much of money in trading forex. Also, any other suggestions before putting my real money are also welcome. (I am not expecting to make 100% returns every month in real money ..LOL..10% per month and I will be more than satisfied) I already learned a few good lessons in demo trading.
1. Instead of sell order, I placed buy order. That happened twice..LOL . I am used to only buying stocks. Never shorted them. That's one good lesson I learned. Think twice before confirming your order.
2. Leverage, leverage, leverage. I was placing orders with 1:20 leverage during the initial days. Once an order went against me and even though I knew that my technical analysis is sound, I realized my account could get wiped out before the order turns in my direction. So there was a drawdown of 60% on the account. If it is my real account, I would not have slept during those days. LOL.. However, in the last few days, I reduced my leverage to 1:7 at the most.