I have been using a demo account for around 5 months. This month alone I am showing a loss of -18% mainly due to HFD and SCS. 5 months ago I thought I was on to a winner with Darwinex. Invest 50K use double up margin sit back and watch the profits come rolling in.
Every trading strategy can get a bad run but HFD and SCS are beyond a ‘bad run’ The more I look at the chart the more it looks like a Martingale despite the claims. I am surprised Darwinex have not stepped in to stop the losses.
I am now rethinking the whole Darwinex idea. It really is pushing money into a black hole. There is no transparency as to what trades are being done. Neither the price levels or the amount of contacts. For that reason I won’t be using Darwinex to provide my pension.
I have been an active trader for may years and I have made some big losses in the past. Dawinex appealed because I was handing over the discipline to third party in the belief that they would be more disciplined than me. Hmm seems some are even less so.
I will go back to my own trading but leave the Darwinex demo account running.
Thank god it was only demo.