What do you all think about my results

One day doesn’t really mean much

One month doesn’t say anything either

But 1-2 years of consistent results shows something

A good day can be erased by a bad day that messes with your head.

Just remember that having real money in your account changes everything.

Sorry but this isn’t something you can count on over the long haul. You need to lower your risk and keep practicing.

Ali said:
Sorry but this isn’t something you can count on over the long haul. You need to lower your risk and keep practicing.

Lower the risk? That doesn’t seem like it gives much space on a 25k account?

@Marin
Gold can move $10 to $50 a day on average. Risking $100 per $1 has a lot of potential for loss. Sure, you might have a stop loss in place, but 3% would be triggered if gold dropped $7 in a day.

@Marin
Hi how are you? Are you a trader

Not enough data here,

From what I see, your risk seems to be increasing too quickly. How would you feel if you took a couple of $600-$700 losses? Gold really likes to surprise and mess things up.

Less than 6 months of trading doesn’t say much.

Yeah not great. You should aim for more than 20 pips a trade honestly.

What’s your strategy? Good job catching some nice pips. But 200-300 pips in a real account won’t be a lot after spreads and fees. Aim for 500 pips.

Keep your consistency for at least 6 months, and you should be fine. But sometimes, trading on a demo account can be tricky. Execution times might lag, fees might be higher, and demo accounts can be set up to manipulate results to push you to go live.

When I started, I was on a demo for about 4 years. Then I went live, and everything felt different. I had to get used to real risk management. I had to retest my strategy because the demo didn’t show the real picture. I learned this quickly and managed to recover my losses, but it taught me a valuable lesson. Be really careful with leverage; it’s a double-edged sword.

Get steady profits for at least a year, then we can talk. Until then, it doesn’t mean much.

It looks like you kept chasing a losing trade. It worked out this time, but it might not every time.

There’s a good chance of blowing your account soon.

What broker are you using?

Dane said:
What broker are you using?

IC Markets

I’m more worried about your common sense.

If it’s green, that’s not good.

Is this a prop firm account or your personal account?

Based on the price levels you bought and sold, your method might hurt you during a losing streak.