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Old 2011-09-11, 01:40 PM   #980 (permalink)
rsmereka
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My Trading Journal


Trading Live with:
Forex Hacked(Copier), Forex Strategy CAD1(manual)
Default Future Live Account Changes

In view of Genial Invest's declining return each month and their hold and pray strategy, I will be drastically reducing my investment and risk in this strategy.

As soon as the current open basket has closed I will:

1. Withdraw all excess funds over 10K
2. Reduce my risk to normal (1)

If I were you, I would also greatly reduce my investment and risk in Genial Invest. In the future, if things change, I will re-asses.

The second part of these changes is that I will take the funds withdrawn from my Alpari UK account where Genial Invest runs and:

1. Deposit these funds into my GoMarkets account
2. Put Forex Hacked on this account at my usual fixed lot of 5K per micro (0.01) but keep in mind that my GoMarkets account is based on AUD not USD so 5K AUD per micro will translate to less risk than 5K USD per micro. I will use the same set file running Forex Hacked that I have been using on my demo account for many months now. That set file is in post #1 of the Forex Hacked review here.

Rick
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Last edited by rsmereka; 2011-09-11 at 01:52 PM. Reason: More Stuff
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