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Statements: Accounts: Forums: Brokers: Stuff: The
mini fund Disclosures: Forex
risk
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Do
not under any circumstances try to duplicate the trades on the statements.
At best they are thirty minutes delayed.
Even if they were current it would be impossible for you to follow due to the sheer volume of changes that occur. There is a mathematical model at work behind the scenes and in some instances it could take up to a week for various elements of the strategy to occur. The statement only shows the last day of trading. It is possible to log on and see just losing trades or just winning trades. This is normal. Some days are better than others. If you want to see how the system is performing follow the equity. Nothing else is of importance. It doesn't matter if the balance plummets, it doesn't matter if the balance grows. Only the equity is of any value to us. I'll repeat again, do not try and follow this model. You will lose money if you do. For those wondering, yes - these are demo accounts, for obvious reasons I won't publish the actual account details in public. Forex trading is extremely risky. Very few people will ever succeed at it. Some of the wealthiest individuals and most experienced traders in the world have failed to come up with systems that work for forex. It would be arrogant to assume our system is infallible. Do not try this with money you can't afford to lose. Profits needs to be taken out of the system periodically to recover the initial deposit and so remove the risk. However, doing so will influence the system parameters and can cause a catastrophic crash. It needs to be planned. If a withdrawal is made without our knowledge I will switch off the EA on that account. No interference with the systems will be tolerated. |
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| | September 14, 2006 | | ||||