January 2012 Trading Performance Reivew

Hello Traders, I thought that I would give you a quick update on my trading for this past month.  Although I am trading an small account with this system, it is for two reasons.

First, I want to prove that this system works with real money in live market conditions.  Although some people may argue that this is almost like trading a demo account, I disagree.  Even having a small amount of money on the line is way more realistic than trading any demo account.

Second, I want to prove that beginners can start with a very small amount of money and only add more money when they are successful with the small account first.  This was Haji’s recommendation to beginners when I interviewed him and I think that it is very sound advice.  Starting small will be an integral part of my message on this blog.

Anyway, on the results.  It was a pretty good month…

January 2012 Results

The final result was +5.39% on the month. Yes, this will not make me rich, but it is a great start.  If you want to see all of my trades in this account in (almost) real time, check out my online Trading Report on MyFxBook.

I feel that I did a really good job of being patient and letting the trades come to me.  On the other hand, I did miss a couple of trade setups that would have been profitable.  But overall, I’m happy with the performance.

How was your trading in January?  Feel free to leave links to your trading reports on MyFxBook/MT4i, your YouTube trade reviews or your blog posts.  Let me know in the comments below…

I already have enough Viagra, thank you very much…I don’t need those links.


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    • says

      I’m not going to increase the deposit in this account, it is my model account for this strategy. I will trade other larger accounts, but will not publish the actual numbers. The results will be almost the same because I will take the same trades.

      The amount of time I need for testing just depends on how comfortable I am with the testing results. Sometimes I need to fine tune more, so it might take longer.

      Thanks for stopping by!

  1. Andy C says

    Hi, Congratz on your first trading month in 2012. I am your new reader.

    I just check your trading report and found out that you can just setup a $100 account. I wanna open a mini one as well. Which broker do you deal with?

    • says

      Hi Andy,

      Thanks for stopping by! My broker is Oanda. You can trade nano lots that allow you learn while risking real money.

      Hope that helps!