Blogroll

April 4, 2012

Account funded

Starting Balance

Hello friends!
The money finally arrived and my account is set to earn some serious pips!
As you can see the balance is EUR 78.51 as I had some 5 Euros on my account left from my first try at Zulutrade 2 years ago. I transferred EUR 75 using money bookers while they took around 2% comission for the service.That's how I ended up with this amount!


As for my signal provider settings, as already mentioned in my first post I chose to go with Forex Cruise Control AAAFX. This provider has two very succesful accounts of which one is run with FXDD and the second one with AAAFX. Since I already had an AAAFX Forex Account I chose this one in order to eliminate the execution slippage which can sometimes be quite high and erase some previously made gains.

In custom mode I restricted the maximum trades to 2 open trades at the same time. I ran some backtests and found this number to be safe to go with at the start. I will raise this restriction as my account grows.
Of course the entire account is set to Micro Lots as my balance is quite low and any other type of lots would most probably lead to a margin call!

Let's see how we go from here. Check out my daily updates, trader friends.

No comments:

Post a Comment