martes, 17 de junio de 2008

Demo account statement publishing... doubled edge sword (for better trading).

UPDATE

Ok... not a good week for my initial goal, since i have negative numbers with 3 trades opened when the weekend arrived.

Even though i think that actual numbers are "temporary floating numbers", since my forecasts are that all 3 trades in NZDUSD (long) ,GBPJPY (short) and USDCAD (short) take the proffitable way on next week.

What i think now is to change a bit the initial contest, in the way of better to meassure how much time i spend in the process of converting the initial USD 1K into 2K, with the goal of do it in 1 single week.

Another think which i am having some problem is that i can not generate a readable bitmap, because of the number of trades is too high.

I shoul buy an FTP service in order to fix that. In the meanwhile, here is the summary.

2008-06-20_demo_statement 

ORIGINAL POST

Is not common to find traders that use to publish their account statements. For obvious reasons people avoid to do so.

I think that publishing setups is an important edge, because makes the trader to "think twice" about what he is going to do. So publiching account statements makes that edge double.

From now, i am going to open demo accounts each new week, begening with USD 1000. The idea is to measure the performance during the week, in order master the reach the goal of convert those 1k into 2k in one (1) sigle week.

So i will be posting not only my setups, but my demo account statement.

This is the first post for the actual week. I will publish every day at the begening of the New York session.

2008-06-17_demo_statement

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