Gamer (By forex_trader_319625)
The user has deleted this system.
Gamer Discussion
Apr 19, 2016 at 11:23
550 Views
7 Replies
forex_trader_319625
Member Since Apr 13, 2016
3 posts
Apr 26, 2016 at 12:00
Kindly check my system and guide me whether it is good or not... Thanks in advance...
Member Since Nov 18, 2015
247 posts
Apr 27, 2016 at 06:34
using EA?
Apr 27, 2016 at 09:58
Are you using an EA? My first critic is the high DD, up to 53% and the high return on account, up to 840%. Then my brother, if you decrease the lot size by dividing your risk by 4, you will have around 13.25% as DD and a return of around 200%. This is already magical to have made 200% in a month. So please take this into consideration and set up another demo with lower risk and let us all contribute to the success of your system.
forex_trader_319625
Member Since Apr 13, 2016
3 posts
Apr 27, 2016 at 11:07
(edited Apr 27, 2016 at 11:07)
All right. Thanks for reply.
But what is EA? I am entering trades based on my what I feel is right.
Can you show me your system? As I am new to trading, I don't have much knowledge.
But what is EA? I am entering trades based on my what I feel is right.
Can you show me your system? As I am new to trading, I don't have much knowledge.
forex_trader_319625
Member Since Apr 13, 2016
3 posts
Apr 27, 2016 at 11:53
AimeL posted:
Are you using an EA? My first critic is the high DD, up to 53% and the high return on account, up to 840%. Then my brother, if you decrease the lot size by dividing your risk by 4, you will have around 13.25% as DD and a return of around 200%. This is already magical to have made 200% in a month. So please take this into consideration and set up another demo with lower risk and let us all contribute to the success of your system.
OK. Now I get it what you are saying. How to control DD? I think I am good in dictating direction of trend. So should I use strict stop loss?
Apr 27, 2016 at 15:37
Your using way too much leverage, id decrease lots by 10x... so instead of 10% a day you'd be doing 1% a day...
IF you decrease by 10x your DD would be only 5%, this is more suited for long term trading...
IF you decrease by 10x your DD would be only 5%, this is more suited for long term trading...
if you follow the flock like sheep you always end up stepping in shit!
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