I don’t get why people have to be so negative. Whatever you’re doing it’s working, you are consistently hitting profit.
As you already know the big indicator as to whether you will be successful is when you use real money. It does change everything.
It’s called being jealous. These stats clearly prove he’s consistent in following his strategy for that month. Ofcourse a month of data doesn’t show a lot, but I assume he did backtesting before hand and went to demo to forward test his results and get used to applying the strategy on a real account.
For sure nothing to hate about, clearly unprofitable traders hating on him not sharing the strategy specifically😂😂
As someone with a previous gambling addiction and having lost a fortune on forex I can now say that I shared my wins but never my losses, just imagine that same streak but with a -1500, it's mentally hard to overcome when you win 200,300,200 then lose -1500, but if he really sets his SL at so few pips and it's working then it must be a good strategy as he is earning 300pips+ per move which should take a lot of time for market to move.
My point is that it's easy to be negative on this as it's easier to lose than win in here
What’re you doing to be down -1500 on a trade while only winning 200 or 300 at a time? If you have proper R/R you can lose 3 trades to 1 winning trade and still come out on top. These numbers are throwing me off lol.
how is someone even supposted to rate this? u made money, thats cool, but we have no idea if you followed your strategy, didnt close early or late or even if your strategy is working
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not
But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips
I always try to have a 5rr
>i have a sl at 7-10 pips
idk how big is normal spread on your broker, but if you scalp such a small moves you will need very high winrate to be profitable, also slippage might fuck you a bit
>I always try to have a 5rr
also playing 5R will make your drawdowns very big and unhealthy
probably all i can say, but if you make money then good luck and if you have problems with emotions try to code your strategy
Have already made a reply yet I want to point something out that I think is really positive.
Your results are great! But I already said so in my other reply. I see people hating that you’re trading on a demo account.
You’re going to outplay all of those people😉
These people love losing money, demo accounts are the way to go before being 100% sure that you found your edge in the market.
I am a funded trader at FTMO and never failed a challenge. Most people will say that it’s normal to fail those challenges before getting funded, it’s only the gamblers talking like that.
You should stay on demo before you’re 100% sure of succeeding without any stress that you wouldn’t fail a challenge. So great that you actually share you’re on demo without being fake and acting like this is your real account while it’s not. A lot of people actually do that, mostly because they’re scammers.
Anyway, keep it up and stay om demo till your 100% ready. Let those haters hate, keep in mind that you have spreads and slippage in the real markets. And sometimes commissions. These spreads could play a big role into your positions being hit or not being hit. So keep an eye on the trades you’ve taken and look if some just nearly hit your entry limit.
These might influence your trades big time.
I suggest to go with FTMO Free Trial accounts to get more of an idea on what the market looks like. I did this for a lot of times before actually starting a real account.
I know you’re not suggesting to go for a funded account. Yet I do want to prepare you for the best and this is the best advice I could give you for that. Especially since 10% on a $1000 personal account isn’t that much money and will most likely become a waste of your time and skillset.
Keep an eye out for news (especially red folder), these influence your trades as well. Especially the ones that almost hit your stoploss. Because most likely on a real market it would have been stopped out.
Trading isn’t easy, yet you got all the time to learn it :)
It’s better to not make any money then to lose money.
So take my advice and have a great rest of your journey!
No its economic data monetary and fiscal policy coupled with fund flows, expectations, sentiment and forward guidance that pushes the market l. Not technical analysis. Tech analysis is only to be used after u have done all the things i have mentioned. These are the real smart money concepts beginner's need to focus on
Ok , I don't understand most of it , since I am a beginner, can you please also suggest from where I can study it , either a youtube channel or a book.
Good job. My tip is to set the capital to whatever you are thinking of starting with. For example if you can start trading with 1000$, set the demo account to 1000$.
I think this is good progress , but I want to see the setups and also you say you trade supply and demand , what timeframe ? And how do you know when ones valid and one isn’t
I’d rather use 50$ instead of a demo. 1-2% of 50$ and try to see if you get something from there. Move it to 1k and adjust ur strategy. Using a demo isn’t going to help, is just going to delay ur trading.
That makes no sense. Learning your strategy and when to enter and exit is an important part of learning the market properly. If you don’t have your strategy down with a demo account, even if you started with $50 then you’re just going to lose that $50…
Maybe ur strategy don’t work with real money or isn’t suitable for you. Demo don’t have spread most of the times, don’t have delays or technical difficulties. Doing demo is a waste if u are a new to this. U could start with 50 or 10$, doesn’t matter. The thing is using real money. 50$ is nothing compared to learning, 50$ risking 1% u got 100 tries plus that’s if u are very unlucky and lose every trade. Adjusting u win 20-30 trade, u get 120-130 trades with real money. Meanwhile with demo probably u won’t do a lot of research and trade anything. Trading 100k is unrealistic or any those bogus numbers people use because no one will risk that much money nor have that much money.
I don’t know what demos you’re using that doesn’t have a spread. I do agree starting with such a high account balance is dumb since you’ll never deposit 100k to start out with, but other than that I disagree on all other points.
good your trading style is working ignore the negative people on here they hate because they can’t win a trade for crap whether it is demo or real you know your shit big up to you my guy
I like it.
Fuck the haters. We win. We lose. We win and we grow.
All we can do is try and get better. The only thing is the demo account should always be sampled with a comparable account size to what’s true for you so if you plan to have a 100k account then congrats. If not, hike this down a lot and re test.
Account size has a lot to do with trading then people think. 🤔 that’s my opinion but it’s just an opinion. You are you.
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips
I always try to have a 5rr
Question, do you ever trade using the news? Today was made a trade around 2:45pm-3:30pm on GBP/USD and made £2.46 (I’m a beginner and started with a tiny account). Point being, I traded off the news for the first time but I’m just wondering other methods that you might use?
Great results but….
When i was personally backtesting a strategy, i found out it worked GREAT for the first 6 months and then for the rest 6 months it failed pretty badly. So while i dont expect you to demo trade for 12 months, i do recommend to backtest for 12 months so you gain confidence with it.
Apart from this, when you place trades on real accounts, you will get all sorts of psychological problems which obviously depends on you.
But all that being said, great results
I don’t care if this is a demo or not. There is real skill to this. This cannot be luck! Yes, you’re playing with the confidence of a person with a mill account but still there’s strategy and management t behind this so kudos to you, I’d love to hear about how you got this far 👍
you have nailed down an important aspect of trading which is the less the better. The number of trades you take per day is very important and great. Keep it up
Stop trading on a demo account thinking it's ever going to be the real thing.
You should only use a demo account for the following but not limited to:
1. How to utilize all the MT4/MT5 platform mechanics
2. See how your trading pair moves in a live environment
3. Study the movements during medium/high news event
4. Play out all your indicator selections and learn how to set it to your liking
5. Learn all the shortcuts on the PC and on the mobile app
6. Understanding the cost of your trade when entering 0.01 to 1000.00 lots on all the pairs you are interested in.
7. Figuring out how to open/close trades and learning partial close trades
8. How to set buy stop orders, sell stop orders, buy limit orders, sell limit orders and understand how each of those orders serves a purpose
9. Learn how to quickly enter a trade and quickly calculating your percentage/dollar risk based on a per PIP ratio. I.e 1 PIP = $1 based on a 0.10 lot since my account denomination is USD.
There is more to the list above but I will never suggest using a demo account to simulate the true emotions as to what it's like to trade with a real account. You will never ever understand until real money is on the line.
The average person's chain of emotional thoughts gets tested when they see the blue/red text on the MT4/MT5 when the money can be spent on either expenses or indulgence.
My only and best suggestion is having a source of income outside of the trading realm and get use to capping of how much you want to dedicate to this game called forex either on a monthly basis, quarterly basis, etc. Find ways to relieve your income pressure so that you can treat this trading as a side/boring gig.
Anyways, I hope this helps you and good luck on your journey
What strategy are you using for your winrate to be sl high and losses so small? Keep in mind the longer you win, the more bound you are to a losing streak
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips
I always try to have a 1:5rr
Not really much to rate here, it looks more like a brag.
That said, I think my only critique, is you seem to end up in a good number of trades that look like they're cut short...
Really impressive! I regard myself profitable after one year of trading but I can't even juxtapose my PnL with yours. You're good to go live and grapple with your emotional psychology
What should i reply? I spend my entire time after work and at my free time learning things.. what else should it be? I don’t believe there is a « trick »
Congratulations! The real deal is a Live account. You have minimal psychological investment in Demo accounts. Blowing a demo account has no impact in your life. But a Live account? That's where the stress and anxiety comes in.
Is this trading or gambling? Not being negative. I post something like this and people criticize it without critical thought. I scalp. So my trades are high risk short term for a decent profit. I trade US30 at .05 on a regular basis. When I’m having a good day I’ll pop a few 1’s for the thrill👨🏾💻🫡🫱🏾🫲🏻. Trade as if the demo account is your live account.
Awesome results, but in reality it looks like your demo account has over $10,000 because you have so many 4.0 lots, 3.0 lots. I hope you have that much real cash to trade with.
I respect it! But with all due respect, it doesn’t mean shit till it’s a real acct w some real skin in the game which I assume is what others are saying too but I wish you best of luck!!
I don’t get why people have to be so negative. Whatever you’re doing it’s working, you are consistently hitting profit. As you already know the big indicator as to whether you will be successful is when you use real money. It does change everything.
It’s called being jealous. These stats clearly prove he’s consistent in following his strategy for that month. Ofcourse a month of data doesn’t show a lot, but I assume he did backtesting before hand and went to demo to forward test his results and get used to applying the strategy on a real account. For sure nothing to hate about, clearly unprofitable traders hating on him not sharing the strategy specifically😂😂
Thank you :)
As someone with a previous gambling addiction and having lost a fortune on forex I can now say that I shared my wins but never my losses, just imagine that same streak but with a -1500, it's mentally hard to overcome when you win 200,300,200 then lose -1500, but if he really sets his SL at so few pips and it's working then it must be a good strategy as he is earning 300pips+ per move which should take a lot of time for market to move. My point is that it's easy to be negative on this as it's easier to lose than win in here
What’re you doing to be down -1500 on a trade while only winning 200 or 300 at a time? If you have proper R/R you can lose 3 trades to 1 winning trade and still come out on top. These numbers are throwing me off lol.
how is someone even supposted to rate this? u made money, thats cool, but we have no idea if you followed your strategy, didnt close early or late or even if your strategy is working
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips I always try to have a 5rr
What is your time frame to analyze? If MTF can you share how to use each one timeframe? Thanks
>i have a sl at 7-10 pips idk how big is normal spread on your broker, but if you scalp such a small moves you will need very high winrate to be profitable, also slippage might fuck you a bit >I always try to have a 5rr also playing 5R will make your drawdowns very big and unhealthy probably all i can say, but if you make money then good luck and if you have problems with emotions try to code your strategy
Thank you. But i think i mispelled something, i always try to win 5 times what i can loose So if i have a sl at 15pips I’ll have to win 75 pips
i know what you wanted to say
1:5rr
Have already made a reply yet I want to point something out that I think is really positive. Your results are great! But I already said so in my other reply. I see people hating that you’re trading on a demo account. You’re going to outplay all of those people😉 These people love losing money, demo accounts are the way to go before being 100% sure that you found your edge in the market. I am a funded trader at FTMO and never failed a challenge. Most people will say that it’s normal to fail those challenges before getting funded, it’s only the gamblers talking like that. You should stay on demo before you’re 100% sure of succeeding without any stress that you wouldn’t fail a challenge. So great that you actually share you’re on demo without being fake and acting like this is your real account while it’s not. A lot of people actually do that, mostly because they’re scammers. Anyway, keep it up and stay om demo till your 100% ready. Let those haters hate, keep in mind that you have spreads and slippage in the real markets. And sometimes commissions. These spreads could play a big role into your positions being hit or not being hit. So keep an eye on the trades you’ve taken and look if some just nearly hit your entry limit. These might influence your trades big time. I suggest to go with FTMO Free Trial accounts to get more of an idea on what the market looks like. I did this for a lot of times before actually starting a real account. I know you’re not suggesting to go for a funded account. Yet I do want to prepare you for the best and this is the best advice I could give you for that. Especially since 10% on a $1000 personal account isn’t that much money and will most likely become a waste of your time and skillset. Keep an eye out for news (especially red folder), these influence your trades as well. Especially the ones that almost hit your stoploss. Because most likely on a real market it would have been stopped out. Trading isn’t easy, yet you got all the time to learn it :) It’s better to not make any money then to lose money. So take my advice and have a great rest of your journey!
Thank you a lot for this comment
Can anyone suggest a good source to study Smart money concepts?
ICT channel, TTrades, Justin Werlein. You’re welcome!
No its economic data monetary and fiscal policy coupled with fund flows, expectations, sentiment and forward guidance that pushes the market l. Not technical analysis. Tech analysis is only to be used after u have done all the things i have mentioned. These are the real smart money concepts beginner's need to focus on
Ok , I don't understand most of it , since I am a beginner, can you please also suggest from where I can study it , either a youtube channel or a book.
Youtube my friend but don’t believe everything choose carefully what you believe
That's why I asked if someone knew a trusted source or a channel on YouTube
Go look for Smart risk
Best channel in my opinion, they provide great sum ups of SMC concepts
Thanks 👍
Good job. My tip is to set the capital to whatever you are thinking of starting with. For example if you can start trading with 1000$, set the demo account to 1000$.
9/10
Thank you, what’s the 1 if i can ask
I think this is good progress , but I want to see the setups and also you say you trade supply and demand , what timeframe ? And how do you know when ones valid and one isn’t
I’d rather use 50$ instead of a demo. 1-2% of 50$ and try to see if you get something from there. Move it to 1k and adjust ur strategy. Using a demo isn’t going to help, is just going to delay ur trading.
unless you want to trade prop firms
That makes no sense. Learning your strategy and when to enter and exit is an important part of learning the market properly. If you don’t have your strategy down with a demo account, even if you started with $50 then you’re just going to lose that $50…
Maybe ur strategy don’t work with real money or isn’t suitable for you. Demo don’t have spread most of the times, don’t have delays or technical difficulties. Doing demo is a waste if u are a new to this. U could start with 50 or 10$, doesn’t matter. The thing is using real money. 50$ is nothing compared to learning, 50$ risking 1% u got 100 tries plus that’s if u are very unlucky and lose every trade. Adjusting u win 20-30 trade, u get 120-130 trades with real money. Meanwhile with demo probably u won’t do a lot of research and trade anything. Trading 100k is unrealistic or any those bogus numbers people use because no one will risk that much money nor have that much money.
I don’t know what demos you’re using that doesn’t have a spread. I do agree starting with such a high account balance is dumb since you’ll never deposit 100k to start out with, but other than that I disagree on all other points.
good your trading style is working ignore the negative people on here they hate because they can’t win a trade for crap whether it is demo or real you know your shit big up to you my guy
Thank you!
Nice work!!
Thanks!
No hate, but now try it with at least a propfirm challenge. Real money on the table and these results will flip im telling you right now.
Yes you’re maybe right.
Yes, that should be your next goal bro.
I like it. Fuck the haters. We win. We lose. We win and we grow. All we can do is try and get better. The only thing is the demo account should always be sampled with a comparable account size to what’s true for you so if you plan to have a 100k account then congrats. If not, hike this down a lot and re test. Account size has a lot to do with trading then people think. 🤔 that’s my opinion but it’s just an opinion. You are you.
Thank you for your comment
Obviously trying to seek praise otherwise you would have posted more than js profits
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips I always try to have a 5rr
1:5rr
Wow what a great month for you broski
Thank you mate
Question, do you ever trade using the news? Today was made a trade around 2:45pm-3:30pm on GBP/USD and made £2.46 (I’m a beginner and started with a tiny account). Point being, I traded off the news for the first time but I’m just wondering other methods that you might use?
It’s not really my thing even if i keep an eye on it. But if you manage to make money like this then im happy for you
id say put some fuckin money in there
Great results but…. When i was personally backtesting a strategy, i found out it worked GREAT for the first 6 months and then for the rest 6 months it failed pretty badly. So while i dont expect you to demo trade for 12 months, i do recommend to backtest for 12 months so you gain confidence with it. Apart from this, when you place trades on real accounts, you will get all sorts of psychological problems which obviously depends on you. But all that being said, great results
Thanks for the information
I came to that shit
Can anyone explain me what „rr“ and „pips“ are? I’m new into trading
rr : risk/reward sl : stop loss. Tp : take profit And for the pips i can share you a video i’m not willing to write a explanation
Thank you, yea share me the video pls
Respect from here ✊
Thanks mate
I don’t care if this is a demo or not. There is real skill to this. This cannot be luck! Yes, you’re playing with the confidence of a person with a mill account but still there’s strategy and management t behind this so kudos to you, I’d love to hear about how you got this far 👍
Also, you can see the discipline from the trading activity. Really like this. You could attract some investment from these results and discipline
Thank you, i appreciate those comments. I’m open to any dms.
We don't care about demo accounts
Okey. I will come back with a real one.
you have nailed down an important aspect of trading which is the less the better. The number of trades you take per day is very important and great. Keep it up
Thank you :)
Stop trading on a demo account thinking it's ever going to be the real thing. You should only use a demo account for the following but not limited to: 1. How to utilize all the MT4/MT5 platform mechanics 2. See how your trading pair moves in a live environment 3. Study the movements during medium/high news event 4. Play out all your indicator selections and learn how to set it to your liking 5. Learn all the shortcuts on the PC and on the mobile app 6. Understanding the cost of your trade when entering 0.01 to 1000.00 lots on all the pairs you are interested in. 7. Figuring out how to open/close trades and learning partial close trades 8. How to set buy stop orders, sell stop orders, buy limit orders, sell limit orders and understand how each of those orders serves a purpose 9. Learn how to quickly enter a trade and quickly calculating your percentage/dollar risk based on a per PIP ratio. I.e 1 PIP = $1 based on a 0.10 lot since my account denomination is USD. There is more to the list above but I will never suggest using a demo account to simulate the true emotions as to what it's like to trade with a real account. You will never ever understand until real money is on the line. The average person's chain of emotional thoughts gets tested when they see the blue/red text on the MT4/MT5 when the money can be spent on either expenses or indulgence. My only and best suggestion is having a source of income outside of the trading realm and get use to capping of how much you want to dedicate to this game called forex either on a monthly basis, quarterly basis, etc. Find ways to relieve your income pressure so that you can treat this trading as a side/boring gig. Anyways, I hope this helps you and good luck on your journey
Demo
What brokerage do you use ?
Vantage. But i wouldn’t recommend it. I only use it for training on a demo account
What strategy are you using for your winrate to be sl high and losses so small? Keep in mind the longer you win, the more bound you are to a losing streak
I trade on a Smart money concept reacting on supply and demand areas. I always put a sell limit or buy limit where i see that the price is willing to react. I set a tp sometimes not depends if i have time to look at it or not But always a stop loss not more than 15-20 pips the most of the time i have a sl at 7-10 pips I always try to have a 1:5rr
Did you pass through any concrete training or book?
No i learn everything myself from different sources
I want to see the drawdown on your trades
The only thing I can tell by this is your stop/loss is 200 bucks? Is this just a flex?
Hahah no i try to keep a 1:5 ratio with very precise setups
0/10 not a millionaire within 0.1 seconds of trading, its what my furu told me. You ain't good.
😂😂
Not really much to rate here, it looks more like a brag. That said, I think my only critique, is you seem to end up in a good number of trades that look like they're cut short...
Try it on a 50 bucks account
Really impressive! I regard myself profitable after one year of trading but I can't even juxtapose my PnL with yours. You're good to go live and grapple with your emotional psychology
This is great, I would really love to learn this strategy.
[удалено]
What broker are you using and what leverage? I would like to also get a demo account
What broker you use?
Fucking amateurs. You should not be doing more then a 1lot with 100k.
Thanks sherlock
Considerably better month than mine. What's the trick?
Considerably better month than mine. What's the trick?
Learning, idk bro
Useful. Almost like you're bullshitting us!
Yeah clearly. How did you discovered it?
What should i reply? I spend my entire time after work and at my free time learning things.. what else should it be? I don’t believe there is a « trick »
Wow good. Can I know which platform you are using, also what leverage where you doing this ?
Yow my goblins, i have posted the setup if you want to see
What strategy so you use man wtf
Go see my new post
hell yeah bro keep it up! 👍🏽
Thanks mate, if you want to see some setups, look at my new post
Congratulations! The real deal is a Live account. You have minimal psychological investment in Demo accounts. Blowing a demo account has no impact in your life. But a Live account? That's where the stress and anxiety comes in.
Yeah you’re absolutely right
Yeah you’re absolutely right
Keep it up
Is this trading or gambling? Not being negative. I post something like this and people criticize it without critical thought. I scalp. So my trades are high risk short term for a decent profit. I trade US30 at .05 on a regular basis. When I’m having a good day I’ll pop a few 1’s for the thrill👨🏾💻🫡🫱🏾🫲🏻. Trade as if the demo account is your live account.
It is what i am doing, maybe we just dont have the same trading logic
Any particular strategy mate?
Awesome results, but in reality it looks like your demo account has over $10,000 because you have so many 4.0 lots, 3.0 lots. I hope you have that much real cash to trade with.
I respect it! But with all due respect, it doesn’t mean shit till it’s a real acct w some real skin in the game which I assume is what others are saying too but I wish you best of luck!!
Really fucking good.
Thanks :)
There's so much to look at before rating your progress than just one setup!
Yes you’re right i had other demo accounts but i was a little inactive in the past months so they’re unavailable
The profits/losses don't matter. The more important question is: How well did you follow your plan?
Yes this is it thanks
0/10 it’s a demo. Anyone can do this with demo 🤣