Great performance by Demark Expert Advisor in March! The EA grabbed 925 pips for this month with a 40% increase of profit.
Here is my short analysis for live auto forex trading in March 2008.
Opening balance: 213.27Closing balance: 298.18Percentage Gained: 40%Pips Captured: 925 PipsTrade Setting: Aggressive, Risk between 10-40% of my account at times.
Bad Trades: Highlighted in Yellow. Additional Trade opened near reversal point during new trendline break, causing 3 huge losses of 717 pips. I have since rectified this problem in the Demark Expert Advisor.Bad Holiday Trade: Easter Day, 558 pips loss. Moral of the story: Don't trade during holiday season when European and US market is not open...
My last short trades @ 1.9877 briefly touch 220 pips per position before closing about 120 pips per position. Profits were locked using manually set Trailing Stop. Took about 480 pips just these trades alone. Since then a very big rally to the upside for the past 2 days, around 450 pips roughly, rite now it is at 2.0100. I did not take this long trade as the GBP/CHF is still in bearish zone now.
I am looking forward to a good month in April trading using the Demark Expert Advisor. Rite now I am busy setting up the payment processor so that I can sell the EA real soon! Stay Tuned for the launch of this exciting EA!
Disclaimer & Risk Warning! Please Read!
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.
Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risk and be willing to accept them in order to invest in the Forex market. Don`t trade with money you cannot afford to lose.
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