high return (By fxsc1lper)
The user has deleted this system.
high return Discussion
forex_trader_501445
Member Since Mar 01, 2018
28 posts
Jul 30, 2019 at 11:45
Ritho, if you're still here and hope you don't mind me asking
did you use Lot size 0.01/$2000 ?
did you use Lot size 0.01/$2000 ?
forex_trader_501445
Member Since Mar 01, 2018
28 posts
Jul 30, 2019 at 12:14
Ritho,
I, too, had about 22 trades closed by the broker so far and it looks scary!
Again, hope you'll recover your losses very soon, take care.
I, too, had about 22 trades closed by the broker so far and it looks scary!
Again, hope you'll recover your losses very soon, take care.
Jul 30, 2019 at 18:24
Ritho posted:Are you jocking ? You really lost so much ? How can be possible ? Nowadays master account has just 5% of equity drawdown.
I've been margin called then my account has been blown to 0 all the way from $2900! I had never blown an account all these years and the first time I subscribe to a signal it happens the same day! Almost 100 gbpusd buy trades at a go caused this. Anyway, lesson Learnt.
Is that because you have a low leverage ??
Jul 30, 2019 at 18:30
😁
Because strategy works on oversold and overbought and dont care to much on fundamentals. The hope is that cable come back to the upside, enough margin to open other 300 / 500 buy positions 😄 Go up cable... go up !! come on baby 😇 ahrg !!
Freewings posted:
Ritho, very sad to hear that.
I don't understand why the GBPUSD was chosen to trade? Every body knows the Pound is very unstable.
Hope you'll make up your loss soon.
Because strategy works on oversold and overbought and dont care to much on fundamentals. The hope is that cable come back to the upside, enough margin to open other 300 / 500 buy positions 😄 Go up cable... go up !! come on baby 😇 ahrg !!
forex_trader_501445
Member Since Mar 01, 2018
28 posts
Jul 30, 2019 at 18:49
Mathild84, you're absolutely correct. Averaging, which is this strategy, works very well close to borders.
Still, some one some how lost their account and maybe like you said cause of low leverage. In either case it is not funny!
Still, some one some how lost their account and maybe like you said cause of low leverage. In either case it is not funny!
Jul 31, 2019 at 01:49
Mathild84, also, you cannot claim 5% equity drawdown yet from signalstart you can see at times even the master account went down to more than 40% of equity
https://www.signalstart.com//analysis/high-return/48885
https://www.signalstart.com//analysis/high-return/48885
Member Since Jan 25, 2019
42 posts
Jul 31, 2019 at 02:04
(edited Jul 31, 2019 at 02:06)
My advice is, stop trading any pairs of GBP .
To do this , in SignalStart app, you guys can open settings tab,
Then check all those GBPCHF, GBPUSD...to not allow any order with these pairs happen...
And wait until Brexit is done. Good luck all!
To do this , in SignalStart app, you guys can open settings tab,
Then check all those GBPCHF, GBPUSD...to not allow any order with these pairs happen...
And wait until Brexit is done. Good luck all!
Jul 31, 2019 at 06:08
Hi, guy, though now situation is very tough, I wish you all make money back in the future.
Tips for you guys, when you choose some trader to copy, choose the one who operates large amount of money. like 50K or even 600k like frero does. That may avoid some risk.
Anyway, markets is always risky. Hope high return get better soon
Tips for you guys, when you choose some trader to copy, choose the one who operates large amount of money. like 50K or even 600k like frero does. That may avoid some risk.
Anyway, markets is always risky. Hope high return get better soon
Jul 31, 2019 at 07:00
Ritho posted:
Mathild84, also, you cannot claim 5% equity drawdown yet from signalstart you can see at times even the master account went down to more than 40% of equity
https://www.signalstart.com//analysis/high-return/48885
Ritho you're right, I have been misguided by the myfxbook statistics showing that, but I've seen update is stopped at 29 July. Why he stopped the update ?? Damn !!😲
Jul 31, 2019 at 07:04
fxsc1lper posted:wrbking posted:
is it OK to use 0.01 lot with 1000$ when copy your trade?
yes if your broker doesnt have any stop out limit rule that it is fine
That is the problem in my opinion, Why he says ok 0.01 with 1000 Usd ? In that case an investor lose ALL the capital ! Master account has around 4.000 Usd so a much higher value !!
Jul 31, 2019 at 07:10
(edited Jul 31, 2019 at 07:10)
Ritho posted:
Mathild84 The leverage was 1:500.
The account was new, specifically to match the signal provider requirements. If the cable drops another 200 pips, do you think anyone here will have a surviving account?
Yes , master account will survive, because it does not have 1000 USD but around 4.000, BIG, BIG difference ! Leverage is 1000 and not 500. As I said the problem is that in order to have more people in paying subscriptions he said that 1000 usd is ok, the result is that his master account will survive, but a lot of people will blew the account and lose capital and subscriptions cost too.
Member Since Jan 05, 2016
1189 posts
Jul 31, 2019 at 07:31
*cough*
See page 20 of this discussion.
See page 20 of this discussion.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Jul 31, 2019 at 07:58
Mathild84, such a trading method cannot really work in the long run as the account will blow up sooner than later. The trader currently cant allow his myfxbook to update because it will show losses over $1000, which had even crossed $2000 till my account got wiped. The strategy is to wait till GBP gets better, but what if it doesnt? It means that the account will be downsized to zero because of the almost 100 buy GBPUSD open trades!
Anyway, I had never blown an account before and had built this one to 2900 from 1000. I guess I got lured with the consistent returns without checking the style well so I am to blame. Though is feels awful to have paid $100 to have my account that I built for a long time destroyed within 12 hours
Anyway, I had never blown an account before and had built this one to 2900 from 1000. I guess I got lured with the consistent returns without checking the style well so I am to blame. Though is feels awful to have paid $100 to have my account that I built for a long time destroyed within 12 hours
Jul 31, 2019 at 09:49
RobinhoodLane posted:
@ffee Thanks. Of course I can't open 200 trades at the same time to recover losses. That's not the strategy. That would be Martingale which this strategy is not about. The strategy works on Supply and Demand Zones. After I get a confirmation on these zones, I place a good amount of positions but I have never exceeded 20 trades in one go. When I loose I just chill and wait for the next formation. No emotions whatsoever. And most importantly, preserve the capital to trade another day.
Guys what is this answer on Page 12 ? To me it seems that Fx Scalper has the same identity of RobinhoodLane 😀 quite suspicion.
Any idea or clarifications ? Damn !😇
Jul 31, 2019 at 18:15
worse time since 9 months.... in 9 months i entered in 400 grid trades , didnt close a single grid trade in loss and......................... among 48 weeks ..i didnt close a single week in loss ...
just one wrong trade and made losses .dont worry guyz this loss can be covered in in 2-3 weeks :) be patience and be a team .. hard time has passed :) now can easily cover this loss. average profit per month is 500 $ . and loss is -500 % .. that means among 9 months just one month we loss and 8 months made profit ... i think this is good risk reward ratio +8 -1 = +7
just one wrong trade and made losses .dont worry guyz this loss can be covered in in 2-3 weeks :) be patience and be a team .. hard time has passed :) now can easily cover this loss. average profit per month is 500 $ . and loss is -500 % .. that means among 9 months just one month we loss and 8 months made profit ... i think this is good risk reward ratio +8 -1 = +7
skype id millennium.analyst
