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Succesful trading is not only watching charts. It is a mix of technical indicators and fundamentals. And much more important: Trading experience. I have been trading forex for 5 years now, before I worked as investment banker for a swiss bank. My strategy is based on technical analysis, fundamental dates and very important... my market feeling. I only trade if all 3 factors are favorable. Sometimes the charts look great, but my sentiment is negative, so I do not trade. Trading without emotion. The customers cannot expect a lot of trades, overtrading the account is one of the worst errors. What a succesful trader needs are a few profitable trades, sometimes only 1 per week. Do not believe that trading every day will bring more profit, at the beginning of my career as forex trader, I made this mistake and I lost money. I do not trade frequently, after 2 or 3 good trades at the beginning of the month, sometimes I will stop trading, because I do not want to risk a nice profit with a losing trade. Do not expect 300% after 2 months, but I am confident that with patience you will make good profits.

Grandma-Fx - trading

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +23.6% +2% -127.4%   -
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function drawChartD() { var data = new google.visualization.DataTable(); data.addColumn('date', 'Date'); data.addColumn('number', '$'); data.addColumn('string', 'title1'); data.addColumn('string', 'text1'); data.addRows([[new Date(, ,), , undefined, undefined]]); var chart = new google.visualization.AnnotatedTimeLine(document.getElementById('chart_div')); chart.draw(data, {displayAnnotations:true,allValuesSuffix:' $'}); }
Pips $
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Strategy Name Grandma-Fx
Date Started 2010-03-01
Number of weeks 19
Max concurrent lots 2
Max drawdown for 1 lot 200 (pips)
Min account amount $ 1000
Max drawdown for full amount 40 % 131.2%
Trading currencies EUR/USD, USD/JPY, GBP/USD, USD/CHF, EUR/CHF, AUD/USD, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY, GBP/JPY, CHF/JPY, GBP/CHF, NZD/JPY, AUD/JPY, EUR/AUD, AUD/CAD, CAD/JPY
Pips $
Total -1004 pips -$1017.55
Total profitability -101.75 %
Trades 31
Profitable Trades 18
Loss Trades 13
Win ratio 58 %
Maximum account level +290 pips +$1294.74
Minimum account level -1004 pips -$17.55
Max loss -1294 pips -$1312.29
Max loss (%) 131.20%
since 2010-04-16 to 2010-05-22
 
 
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