Discussão FxTyrant M-Series (BG)

Say goodbye to all money. You look like gambler not Pro trader. Pro's don't allow DD like yours. That's most stupid trading - without stop loss and wait for survive :))

We'll see

fxtyrant posted:
We'll see

Actually we CAN see it already.
You are hiding your actual account stats using a custom start period.


If you set the analysis to show ALL your actual data, we can see that you've already blown your account out.

True and untrue. if i blown the account out the Absolute Gain wouldnt be positive.

Theres something you dont know. When you use Myfxbook, they are pretty harsh in calculating gains.

Yes i've blown this account once by letting it be managed by someone else, however ever since i took over to trade the account, i redeposited and started to trade with the new deposit, but according to myfxbook theres no way for the account to get back up once its blown even if you redeposited.

Thats why i use a custom start date.

Please look at trade history, if you can and you will notice that i actually took over trading AFTER December of 2014.

And yes, like i said, we'll see how it goes.

Meanwhile, please refrain from posting further negativity.

This is not your account.

Instead of Scrutinizing people's account perhaps you have an account that does much better?? if so, share it out and show me how much better, otherwise just zip it.

In the mean time, Do study the difference between Gain and Absolute Gain.
Gain = Time weighted, it only factors in the gain from the initial deposit amount.
Absolute Gain = Gains made Above Total Deposit.

So for me to have 3% Gain of Total deposit, it means im still in profit.

fxtyrant posted:
So for me to have 3% Gain of Total deposit, it means im still in profit.

Yes congratulations on making 3% profit.

But using your own custom start date, you still needed a 62% DD in order to make a 3% gain.

That is extremely concerning because it doesn't appear that you are using any kind of actual money management.

Could you please explain your money management system?

the 62% DD is AFTER gaining already 120% using the custom start date.
still sitting at 3% gain.

Problem im having is difficulty to accept that USDCAD kept going down this much when the underlying trend is still upwards.....
what surprised me even more is on weekly you can clearly see a 9 consecutive weeks of bearish candle formed, usually that many consecutive candles in 1 direction do not happen a lot of the time, look back to the bullish moves up, at max its 5-6 before 1 bear bar... so 9 consecutive bearish bar now as we are moving lower, is baffling to me....
im expecting SOME form of profit taking. and today's Expiry may offer some clues.... 1.30 acting as a magnet today. meaning USDCAD is not likely gona drift too far away from 1.30 today UNTIL the expiry at at NY. once expired, expect the USDCAD to finally have the strength to go back up some.

Meanwhile the DD, well DD is part of trading, and unfortunatelyl for me that trades wiht the daily chart. drawdown is usually high before the profit.

Unfortunately my manual trading did not make it any better.

the though that my (Standard) account to be profitabel lead me to the assumption that if the entry in the (Standard) account isnt accurate, i can atleast be able to add smaller sized trades to capture a better entry price and ultimately keeping the same target as the (Standard) account.

Standard Account is the account i pitch to my investors, meaning my investors in the MAM account follows and tracks the Standard account ONLY.

But not the Live...
If i didnt add those small lot incremental trades i suggested on the Live account, drawdown would replicate that of the (Standard) account.

Anyways lets further discuss this in private message, sent you a request to get connected.

Better use keltnerpro EA, witch can be found free ( older version) and have much better result than 'professional trader'..