Move over Boys
GoldyLocks is here...
Sad, bad news: On June 17, 2011, I was informed that as of July 15, 2011, U.S. Residents will no longer be allowed to trade OTC Gold Forex.
I am still looking into this. I have started a blog to discuss this here. (under construction)
Questions can be sent to email@example.com
GoldyLocks running on a foreign demo account! Log in and see GoldyLocks running in real-time...
Money lost due to Dodd-Frank "Consumer Protection" Act - currently at $9000 for the minilot setting ($1500 - 6-20 to 7-9-2011 + $7300 - 7-9 to 8-13-2011)
8-13-2011 minilot statement - 8-13-2011 microlot statement - 8-13-2011 minilot screenshot - 8-13-2011 microlot screenshot
EuroLocks and SilverLocks doing well in development runs
HOT OFF THE PRESS!!! The Ass-Ass-in-Nation of GoldyLocks
GoldyLocks stopped Dead in her Tracks...Killed-in-Action by the CFTC/Dodd-Frank Act...
Screenshot taken 7-11-2011 in Metatrader4 - Trades in H4 Chart – Gold at 1545 - notice trades stop 6-17-2011
Below – screenshot taken 7-13-2011 - Trades in Daily Chart – Gold at 1585 – typical $40 Gold move up or down - $40 (microlot) or $400 (minilot)profit
RIP - June 2010 to June 2011 - $2830 profit on $3120 deposit, 91% profit. $28,300 profit for minilot account.
Why? For MY PROTECTION? I need protection from the idiots at the CFTC.
To do the same algorithm at an "exchange", requires a minimum account size $60,000, rather than $2000,
as the mimimum buy at the exchanges is $650 margin for $10,000 (CME "micro") or $2400 margin for $15000 (NYSE LIffe "mini")
rather than $25 margin for $1000 at the OTC Gold Forex brokers, enabling $2000 accounts to play with the big boys.
Why is this now illegal? Why is it legal for the rich, but not the "poorer"?...
Not to mention their software sucks. You can't use MetaTrader, the most used forex software in the world. Why?
Stay tuned...Sign up for the Blog for the answer to this and other imminent questions...
(Click on graphs above to go to independant reporting website www.MT4i.com statements)
Stats reported live from real $ account with $1000 initial principal on Aug 5, 2010.
$500 added to principal on Oct 22, 2010, so notice a lower %, for Oct though higher $ profits.
microlots gradually raised from 1 microlot to 3 microlots, before shutdown on No More OTC Gold Forex news on 6-17-2011
Total Deposits = $3120, "No more OTC Golf Forex" Balance on 6/17/2011 = $5950.31, total profit = $2830, 320 days, less than one year. 91% return.
The above account is a GoldyLocks microlot account, $10 profit per trade, $2000 minimum account size, average $200/month profit
For a GoldyLocks minilot account, $100 profit per trade, $20,000 minimum account size, average $2000/month profit
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