A friend of mine has been trading on demo account since Mar-2013. He claimed to be a long-term trend trader & only trades based on weekly charts. Basically he keeps adding his position (BUY on pullback or SELL on rally) and has been trading on 5-pairs. As of 8-April-2015, he is still holding to his positions as he said that there no signals for him to liquidate his positions yet.
Attached are a summary of his trades since Mar-2013. I have used 8-April-2015 CLOSING PRICE to calculate his cumulative gains (in pips) for each of the 5-pairs that he traded. The average gain per pair is 10,800 pips for slightly more than 2-years. His max. trades per pair for the period of 2-years is 10 positions (GBP/JPY).
Can any sifu out there comment on his trading results?
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Apr 10 2015, 01:42 PM
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