10m 13s: Lenght

In this strategy tester example we've got EUR/USD in a typical ranging day. Since there's no trend, we try to pick both tops and bottoms using supply and demand zones on a 15-minute chart. With six intraday entries, we could raise a $100 account to $256,000, within a single trading day! The basic philosophy behind margin level trading is: - Use a reliable broker offering: * high leverage (1:300 - 1:500), * microlots, * low trading costs (ECN preferred), * fast and accurate execution, * negative balance protection, * client cabinet with instant internal transfers between accounts. - Keep your entire risk capital in a wallet/purse (if provided), or in a dedicated "deposit" account which you MUST NOT trade (!). - Transfer just a small fraction of your capital (we recommend 2-5%) to a separate "trading" account running MarginTrader. - Margin call (stop-out) is your risk limit, just as you would use a stop loss in a bigger account. - Set margin limit before entry according to your strategy. - If you lose, nevermind - reload, rethink and try again. - Hold on to gains and let them run! - Grab your profits and PUT THEM BACK INTO THE WALLET. The real trick lies in exposing very small capital to the market. From psychological perspective, it's much easier to manage. You can't wipe out thousands of $$$ if the market decides to move against you - you just lose a few bucks, reload, rethink and try again! If you catch a good trade from time to time, and put at least a major portion of gains back to the wallet, you should be fine - the basic premise of Margin Trader is adding to a winning position, utilizing free margin 'created' by existing runners. With this approach, it's capable to produce exponential growth; that's why the gains can be so huge! Perhaps you'll find it's much easier to control your trades (and yourself) trading this way, just as we did when we developed this tool for our own trading. This video was taken on MetaTrader 4 Strategy Tester in visual mode. The action displayed, though it's using price action (supply and demand) in its purest form, has been done with benefit of hindsight. However, we strived towards most exact reality reflection possible in backtests - we always use real-market (recorded, not downloaded) tick data from a major FX broker, with real bid-ask spreads, including commissions and simulating real-market slippage. Music by Billy Talent, ©WMG 2003-2009