Results from Fx-Megaforex

Everyone knows that Forex signals are a great tool to increase your account, and make you earn a lot of pips. Here are results from a client who suscribe to fx-megaforex and double his account.

Summary:

Deposit/withdrawal: 50.00

Closed Trade P/L: 1040.15

Balance: 2110.15

Credit Facility: 0.00

Floating P/L: 0.00

Equity: 2110.15

Margin: 0.00

Free Margin: 2110.15

Gross Profit: 1292.09

Profit Factor: 5.13

Absolute Drawdown: 35.50

Total Trades: 44

Gross Loss: 251.94

Expected Payoff: 23.64

Maximal Drawdown: 65.87 (5.75%)

Short Positions (won%): 24 (62.50%)

Profit Trades (% of total): 28 (63.64%)

Largest profit trade: 413.37

Average profit trade: 46.15

Maximum consecutive wins ($): 5(105.83)

Maximal consecutive profit (count): 551.60 (3)

Average consecutive wins: 3

Total Net Profit: 1040.15

Relative Drawdown: 5.75% (65.87)

Long Position (won%): 20 (65.00%)

Loss trades (% of total): 16 (36.36%)

loss trade: -30.52

loss trade: -15.75

consecutive losses ($): 4(-65.87)

consecutive loss (count): -65.87(4)

consecutive losses: 2

Account: 102372xxx
Name: José
Date: June 23, 2009
Time: 22:46

You can see that he had lost sometimes, must of time he had win so his balance is positive. In Forex you will always lost but the important thing is that you always protect your positions and keep open new positions so at the end your balance will reflect big profits, no matter that you had lost sometimes.

If you need more information go to: http://www.fx-megaforex.com.