Indeed SG....a healthy debate among the many various strats can't hurt.
All I gotta say w/re to the demo accts is.....if one is thinking about going live, I feel they should first trade w/a demo acct & treat as it were their live acct & fund it by the exact amt they are planning on funding their live acct. This is the only true way to gauge wether one's strat may work. & of course even at that, considering the timing aspect of it all, one could end up doing quite well on the demo acct...then open the live acct & treat it precisely as they did the demo & get cleaned out. So really again I go back to mentioning extreme caution....especially w/under capitialized long term strategies....& I am not sayin Max would be an under capitialized acct...not at all.
& Max....thx for the very clear explanation....note that in no way do I feel you need to justify yourself hhere to anyone...let alone me....all I was tryin to do was to communicate caution w/re to long term trades....sure a long term trend can look great on a 3 hr, daily, etc charts...but when you got to break it down you will see that in 100% of the ocasions, ALL pairs could swing more than 200 pips in any direction.....if you happen to have the profits at the time of a trend reversal & or a bankroll to wether those storms you will do well.....of course as long as you've nailed the long term trend & it doesn't make a total reverse on you.
& w/re to Soros....I assumed you didn't have that kinda capitial....after all, why on earth would you be posting here if you did? lol I was just curious if you knew what kinda ammo/capital support he had when he made his move into 4X.....this will of course tell you what his "insurance" (so to speak) was for entering this arena.
Again Max...BOLTY & everyone else here who trades this beast of an exchange.
Cheers!!
