Although I've been getting some good success by increasing lot sizes but have lost a lot of money by increasing lot sizes bases on martingale. It is working well on demo and newspaper (theory) but in practice my winning percentage takes a hit due to even slight slippage or widening of disperse in the wrong damn moment. And then there is the damn margin call.
Has anyone here been able to do demo testing correctly. Is there a way to do it taking into account these variables and realistically demo this machine? Any thoughts would be welcome. No orders since I do not believe brokers offering orders could be ECN. Itself claims that it MAY trade against the client. I contacted them and they said they're counter celebration or something. It is hard for me to comprehend what they said but it appears that they also do that. I trade with them since spread is as near as possible to their spreads.
Are my trading orders moving to the interbank market? Can Dukascopy Bank be the counterparty of my trades?
Notwithstanding the fact that the SWFX -- Swiss FX Marketplace is an ECN, Dukascopy Bank is the counterparty of all its customers' trades carried out on the SWFX. Dukascopy Bank sends orders to the interbank market in its own name for the needs like hedging exposures and/or testing validity of prices received from liquidity providers. Not all customers' trades result in hedging orders delivered to the interbank market by Dukascopy Bank. In particular small trades cannot be hedged with external counterparties and could barely be executed without Dukascopy Bank's liquidity, because counterparties may not accept trades under a certain minimal size. Also trades on binary options cannot be hedged. Dukascopy Bank hedges customers trades fully, partially or not in accore using its technology, wants and banking regulation.