Nov 5th 2006

After embarking the journey with Freedom Rocks free trial for 15 days (I’m not sure which day I am already with them). The account at FX Solutions gained at least a 100 pips.

I’ve chosen two pairs for trading; namely the USD/ JPY pair and the GBP/ USD pair.

The videos’ instructions were easy to understand and guides you extremely well to the point on how to start with how much margin, leverage.

This is how much I’ve started (since its a demo, don’t fire me when it comes to risk to rewards ratio for now :P)

Starting demo, $10,000.00
Leverage used, 1:100
Lot size, 1,000

The demo account was started on the 31st October, and still trading as of 05 November. I’ve made a few errors here and there when testing on the demo initially thus an initial fewfxsol-demo-04nov.gif hundred dollars loss, nevertheless here’s the report from GTS, FX Solutions.

Notice the current equity stands at $10,777.31 from the starting balance of $10,000 in just a few days. Though that’s not a good way to judge how things go in the long run and bad ratio management. We can always tweak and fine tune that later.

We’ll come back again for more tomorrow.

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