I have been playing around with forex for the last 2 and a half years on demo, but only really started taking it seriously about 6 months ago.
I have been having some success with macfibo, but the losses i make are not down to this system, its me, i can say that for certain as i have not got trading nailed down yet.
I have been using a few different strategies and at the moment i am using Blizard’s naked trading and have been following a few other threads on babypips with different strategies that do things differently from each other. Its an interesting learning experience.
My words of advice, forget the money side of forex! The moment i did and i only thought “i want to end today being +1 pip in profit” everything changed, the stress disappeared, worry disappeared. Now im not ready for live trading yet, but im getting there.
At the moment i am trading a number of different strategies from my demo account so its not good to show as it would not give a fair showing of any one strategy as i change things and experiment and no one other than me could tell the difference so i would not want to turn anyone away from any strategy due to my experimentation.
My advice, these guys on babypips know what their saying! Not all strategies are for everyone, everyone is different. But try lots of different scenario’s during the day, night, long, short, scalping, 4 hourly trading etc. Do it ALL ON DEMO, so if you lose, who cares ! But pay attention to why you lose and learn from it, that is how i have learnt! It has taught me alot about the use’s of EA’s.
But just practice and don’t be afraid to ask questions, there are alot of pro’s here with more experience than me who will help Just try and read the forums first so your not asking the same question as all of us have.
Also go through the school, read the forums here. Also experiment with these strategies, until you find one that works for you. When you do keep practising it until you are consistently profitable with it!