A long journey

After 8 years we will continue with our public engagement in the foreign exchange market. It was a long and sometimes very painfull time to become profitable. But we're still convinced the foreign exchange market is much more better suited for an automated trading approach than the stock market for example. That is because of the high liquidity almost the whole time and other unique characteristics.

We became aware of the FX market in late 2008 and since then we've discovered constantly the opportunities and also the traps of it. But trying to get money out of the FX market is still a high risk investment with the possibility to lose the whole initial capital.

Therefore the risk management is essential for us. We're still developing best practices for risk management and for bringing automated trading systems to the market besides the trading strategies itselfs.

Some examples: a low risk oriented approach is to withdraw the initial investment after the account reached 100 percent gain. This will reduce compound interest but at least the initial capital is secured after some time. Important are also the time frames after a trading system becomes the status of an Alpha, a Beta or a Release to the market. Enough time is needed to figure out a trading system is working profitable with different market conditions.

So stay tuned for the next news in the coming weeks and months.

Working with a DEMO account

No trading today

-20.5 pips

Today we did reached only -20.5 pips with 0.01 lot on the Forex LIVE account. This is a gain of -0.56 percent to yesterday. The market was not so easy to trade at the beginning of the day. It seems that Wednesday are not our day.

+20 pips

Today we did made +20 pips with 0.01 lot on the Forex LIVE account. This is a gain of 0.24 percent.