ODL Auto Trading No Loss 484 Pips Profit

I told ya my DeMarkTrader Auto Forex System will make a comeback this week. The -636 pips loss experienced on 1st of May is on the way to breakeven, I think by end of next week we will be in profit folks...geez folks, can you handle the -636 pips loss in your first day of autotrading if you switch on this forex Expert Advisor on that uneventful day? Hey, with proper money management, you won't blow your account that quick with my trading strategy...but if you overtrade, then blame it on your greed...I blow off few accounts before when i started..you know why? GREED. Period.

Ok let's review this week trades which ended yesterday.

Total Trades: 20
Winning Percentage (inclusive of breakeven trades) : 100.00%
Total Pips: +484

NO LOSS TRADING WEEK. 10 of the trades were breakeven. My DeMarkTrader Expert Advisor has a special trailing stop feature which will breakeven trades when certain conditions are met. If you look at my last trades on Friday, we could have gotten more pips. I manually set a trailing stop value because of other factors which i considered. Hey, guess wat, the last trades we profited about 259 pips...I know, we could have made more...Folks, NEVER let a winning trade to be a losing one...

WARNING! If you use my EA to autotrade next time, please don't nag to me and blah blah blah that you could have gotten more pips! If you want more pips, then don't set the trailing stop but if market reversed and your SL got hit, blame it on your GREED. Don't whine and grumble to me if you didn't follow my instructions when using the EA next time. Hey where are in here together because we want to make money yah...Oh well, maybe I embed this Trailing Stop feature into the EA INSTEAD of setting it as an OPTION...

I have done my research forward testing on 15 pairs with this DeMark Expert Advisor and I can tell you that not all pairs are profitable. The closest pair came to matching GBP/CHF is GBP/JPY...but Sterling Yen is not as consistent compared to Sterling Swiss...that's the reason i dropped it from using this system...

Let's total them up for the whole month of May to date:

Total Trades: 31
Winning Percentage (inclusive of breakeven trades) : 75.00%
Total Pips: -152

On the overall analysis if i include April and May, my statistics would be like this...

Total Trades: 88
Winning Percentage (inclusive of breakeven trades) : 77.27%
Total Pips: +1,899
Trendfilter: NO

I like the statistics so far on my ODL demo forex account. If i include my previous account haul of 6,200 pips, we will be up by 8,000 pips overall. Ok here is my latest account statement. My FXDD analysis will be out shortly.

Subscribe via email

Enter your email address:

Delivered by FeedBurner

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.

We at autopips.blogspot.com work hard to provide our customers with a rewarding Automatic Forex Trading System. But we also know that there is nothing like a "Holy Grail" and no single system is perfect.

By using our automatic system (DeMarkTrader Expert Advisor) you agree to hold autopips.blogspot.com and anyone involved in the development, production and distribution of any system/strategy purchased through autopips.blogspot.com free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, be it manual or automated, you do so at your own risk and discretion. Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. autopips.blogspot.com shall not be held responsible for any losses that you might incur during any trades.

The past performance of DeMark Expert Advisor is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results.

This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the offered products or services referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.

Disclaimer for External Links:

Links are being provided as a convenience and for informational purposes only. They do not constitute an implicit or explicit endorsement or an approval by autopips.blogspot.com of any of the products, services or opinions of the corporation, organization, or individual.

autopips.blogspot.com bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.