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A brief recap: Here are the live day trading results since the launch back in February. So far, I have great feeling and confidence about this day trading approach with the forex killer software.
Week 1: +105 pips
Week 2: +25 pips
Week 3: +235 pips
Week 4: +210 pips
Week 5: +225 pips
Week 6: -10 pips
Week 7: -60 pips
Week 8: +210 pips
The system only endured its first losses in week 6 and 7. During that period, the forex market was greatly affected by the collapse of Bearn Stearns and massive carry-trade liquidation in mid March. We easily steered clear of further price volatility traps.
Week 4 and week 8 are non-farm payrolls (NFP) week. During these weeks, the system performed well (i.e. in exploiting the trends) by giving us good trading opportunities with gains over 200+ pips.
During these eight weeks, we scored a total of +940 pips from all live trade setups on member site. I appreciate your kind and positive comments which help to keep me motivated all this long.
8 comments:
Results are just great Lloyd! keep up good work!
Thanks. I hope the best is yet to come as I have only just started :)
Lloyd. Please take a look at this and send me your somments. I'm worried ! Frank
http://www.forexfactory.com/showthread.php?t=70582
Frank, it is very likely that those so-called "brokers" will use such a program which is designed to disadvantage us. I've personally seen wild spikes and unbelievable spreads during volatile news events. Therefore, I'm worried too! Thanks for the thread and I will have a look again when free. We do really need some honest brokers !
Hi lloyd you have a interesting blog which i learn alot from you. I also woried for the MT4 software now. but may i ask one question? Did you win any trade despite of the "so-call" virtual broker with MT4?
Hi Lawrence, my own bad experience was seeing wild spreads during volatile news events. Check it out here. I survived this one but lost some on other events. Better be cautious if you are trading the news as they showed no mercy in hunting you out.
Hmm, can i have one last question before i open live acc? Is that actually i bought ForexKiller. And i was using it to trade. do you think it will affect muc on the trading on MT4? Sorry for so many question as i am really a newbe and in debt. Wanna learn more on this to earn money.
Probably not if you're not trading around news.
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