Different Forex Trading Brokers Mean Different Results!

Let's compare FXDD and ODL forex trading results today using DeMarkTrader Expert Advisor. I manually changed my long position ODL First Take Profit target today to 2.0605 from 2.0800 and adjusted my trailing stop value as I felt that the original first TP was abit far to my liking...

Price hit my trailing stop loss position at 2.0572 just now, closing all the trades for a 178 pips profit. I posted yesterday that there were long and short positions opened for my ODL forex demo account. The short trades were closed earlier today with a 47 pips profit overall. Total pips for ODL today was 225. This takes my total profit to 1,533 pips. I posted the screenshot of these stopped out trades below.



FXDD positions however were not stop out @ 2.0572 because the lowest price it went down to just now was shy of 1 pip @ 2.0573. You have ask me if these trading results are the same with all the brokers using DeMarkTrader Expert Advisor...my answer is NO.

FXDD price have since reversed to the upside and is now hovering at 2.0600 level. The forex trades in FXDD is currently up by about 120 pips. No worries, my FXDD trades are now profitable in case there is a big reversal in the next few days. Here is the screenshot of the FXDD trades which is still floating.



What do all these things mean to you? If there is active trades next time, I will personally send you guys a signal in case I wish to manually reset my trailing stop to certain value or change the profit target levels or stop loss level. My objective for you guys is for us to make money together trading the forex market!

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The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains.

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