Further to my prior post regarding Forex, I am still playing around and learning the ropes sort of speak using demo accounts. Today marked a great milestone for me, I doubled my demo position of $5,000 in 3 days. I know this isn’t plausible given the amount of equity, lot size and leverage used if I were to apply this to a live account but it’s great knowing that your strategy is working thus far. Also, emotions plays a large part in a traders psyche suiciding your inner fear & greed and playing with fake money simply doesn’t quite hurt you as if it were for real. More testing is required before I proceed to wash away my hard earned money on a micro/mini account.

Here is a copy of the position and P/L statement as of 2:00 am EST on Monday, October 29, 2007:

Forex Results, Daily Method

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