UPDATE TO MY FOREX TRADING ACCOUNT
Hi BP Community
After a long time gap, here is the latest update of my Forex trading account.
I started my forex Demo account trading from January, 2018 with the initial capital / balance of USD.100,000/- with 1:1 leverage.
In the beginning, I was using / testing two difference trading system simultaneously. One of which was Ichimoku Cloud and other one was EMA Crossover system.
Although, I was satisfied with the results of my trading with Ichimoku Cloud, yet I was not feeling comfortable with the cloud, because it was so clustered that the Actual Data (THE PRICE) was not clearly visible to me. So, I discontinued using the Ichimoku from October, 2018 and switched to my other system. I,once again, started to tweaking and improving my EMA system.
That’s why, it took almost 15 months to testing, tweaking and improving my systems. Initially, I was trading spot forex but from the last few months I have also started trading future contracts of Gold and WTI Oil.
And here is the screenshot of my Account statement showing my Equity / Learning Curve of 15 months forex trading.
At one time, I was down up to maximum of US$.6,000/= approximately during my 15 months trading period, which was almost 5.85% of my starting balance of US$.100,000/=. Later on, not only, I have successfully recovered them but also added few dollars to my account.
I am glad that I have successfully completed the 1st stage/level/phase of my Demo forex trading journey after joining Babypips.
Now, I am looking to successfully complete my 2nd stage ,which is to start earning consistently as well as to become a disciplined professional trader.
Sufshiken
Edit: I am providing the link of Myfxbook account. If anyone is interested to check further details of my account or have doubt about my above statement / results, he / she may check the authenticity of it here