mitcheldolby
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Hello Everyone
I started demo trading last year. I wanted it to be somewhat realistic so I copied another guy who opened an account with $500. The idea being that this would be the actual amount I will begin with when I go 'live'. Obviously using a micro account.
Anyways, I have blown quite a few accounts out of the water. I guess that this is the beauty of demo trading. Keep trying until you get the hang of it.
I have tried a combination of indicators but what I find works best for me is the moving average with ADX + RSI .
The MA tells me if the trend might be coming to a close or continuing, the ADX tells me the strength of the current price, and I use the RSI to gauge overbought or oversold.
For some reason some of my trading history gets wiped clean every so often (although the balance stays correct)
As you can see I have doubled my equity. Image ..forex 1
And I have uploaded my history... image..forex history
Am I doing this right?
Please let me know so I can learn.
I want to go live before the end of the year when I will have the funds.
Mitch
I started demo trading last year. I wanted it to be somewhat realistic so I copied another guy who opened an account with $500. The idea being that this would be the actual amount I will begin with when I go 'live'. Obviously using a micro account.
Anyways, I have blown quite a few accounts out of the water. I guess that this is the beauty of demo trading. Keep trying until you get the hang of it.
I have tried a combination of indicators but what I find works best for me is the moving average with ADX + RSI .
The MA tells me if the trend might be coming to a close or continuing, the ADX tells me the strength of the current price, and I use the RSI to gauge overbought or oversold.
For some reason some of my trading history gets wiped clean every so often (although the balance stays correct)
As you can see I have doubled my equity. Image ..forex 1
And I have uploaded my history... image..forex history
Am I doing this right?
Please let me know so I can learn.
I want to go live before the end of the year when I will have the funds.
Mitch
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