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Iceberg System PAMM (By forex_trader_91886)
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Iceberg System PAMM Discussion
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Nov 15, 2013 at 21:07
Member Since Jun 28, 2013
852 posts
@hemipips
I believe time in DD doesn't matter that much, what matters is the size of DD.
A good trader can stay in DD for months then get out of DD in a matter of weeks when markets move his way. A bad trader with a risky strategy can have 99% DD in one single day.
I believe time in DD doesn't matter that much, what matters is the size of DD.
A good trader can stay in DD for months then get out of DD in a matter of weeks when markets move his way. A bad trader with a risky strategy can have 99% DD in one single day.
Nov 15, 2013 at 22:43
Member Since May 24, 2011
92 posts
iceberg why not change strategy? you now for buy use sell. and for sell use buy. its simple. your account go down. change entry only and you must go up :)
strategy is not bad, but you have bad entry.
peace :)
strategy is not bad, but you have bad entry.
peace :)
Best rebate for IC Markets 1,60 RTL+ armada markets 10% commision back + next 30 brokers company only in . Who will give you more?
forex_trader_91886
Member Since Sep 18, 2012
150 posts
Nov 17, 2013 at 13:47
Member Since Sep 18, 2012
150 posts
hemipips posted:
Iceberg
I will pray with you.
good luck.
Ardit
we have seen it many times. A risky trader can make a lot of money in a short time, the problem is to keep them.
I do not know what is right, but I try all possibilities.
Forex is not easy 😲
Thank you for your prayers............. Can't afford to lose it. This is either do or die for me mate
Nov 18, 2013 at 12:30
Member Since May 24, 2011
92 posts
how long time you must loss money ? :-D 6 or 12 month? only reverse strategy and account is 21% in +......but you not reverse. i dont know why.....😀😀😀😀😀😀😀😀
Best rebate for IC Markets 1,60 RTL+ armada markets 10% commision back + next 30 brokers company only in . Who will give you more?
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Nov 18, 2013 at 19:24
Member Since Jun 28, 2013
852 posts
@dvejn
It would be a good advice if markets never change. Unfortunately, market mood changes very often.
@iceberg12
Don't know about your strategy, wish I could help. What I liked about your strategy is that equity is almost always higher than balance. Meaning that you try to let profits run.
Try multiple targets will low leverage. For example trade three lots with three diffrent targets: +25, +50, +100. if first target is hit, move the stop on the rest on b/e, if second target is hit move lock in profits on the rest +25. (Targets +25,+50,+100 are only as an example, you do the testing and choose what fits best for you). This way you will improve % of wins.
And something more: No one is destined to fail. If failing then: Failing is simply the opportunity to begin again, this time more intelligently.
It would be a good advice if markets never change. Unfortunately, market mood changes very often.
@iceberg12
Don't know about your strategy, wish I could help. What I liked about your strategy is that equity is almost always higher than balance. Meaning that you try to let profits run.
Try multiple targets will low leverage. For example trade three lots with three diffrent targets: +25, +50, +100. if first target is hit, move the stop on the rest on b/e, if second target is hit move lock in profits on the rest +25. (Targets +25,+50,+100 are only as an example, you do the testing and choose what fits best for you). This way you will improve % of wins.
And something more: No one is destined to fail. If failing then: Failing is simply the opportunity to begin again, this time more intelligently.
Nov 18, 2013 at 19:25
Member Since Nov 16, 2013
95 posts
iceberg12 posted:
Had some issues with my account updating.............had to create new account.
Hi Ice,
As we know trading forex is not easy. It is really hard to do, because the enemy is our psychology.
The hero is not a system we use, but a trader who driving the system.
Everybody knows, although with feel difficult, to save trade position only with :
1. S/L ,
2. Hedging,
3. Martiangle/Everaging,
4. No. 2 and 3.
I recommend no.4 on each Support and Resistance (S/R), but you must able to reveal where they are.
If you don't mind show us your current trade positions, then as you wish here we can make discussion to rescue your trade positions. Please don't be shy, because all of us ever do mistake. That's normal we are as a human 😄
I hope your position is buying AUD/USD then you got positive Swap 🙄
On screenshots I have S/R levels for AUD/USD, who knows we can take it as opportunity.
Keep up your spirit high.
Any ideas are welcome.
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
forex_trader_91886
Member Since Sep 18, 2012
150 posts
Nov 19, 2013 at 07:42
Member Since Sep 18, 2012
150 posts
ahuruglica posted:
@dvejn
It would be a good advice if markets never change. Unfortunately, market mood changes very often.
@iceberg12
Don't know about your strategy, wish I could help. What I liked about your strategy is that equity is almost always higher than balance. Meaning that you try to let profits run.
Try multiple targets will low leverage. For example trade three lots with three diffrent targets: +25, +50, +100. if first target is hit, move the stop on the rest on b/e, if second target is hit move lock in profits on the rest +25. (Targets +25,+50,+100 are only as an example, you do the testing and choose what fits best for you). This way you will improve % of wins.
And something more: No one is destined to fail. If failing then: Failing is simply the opportunity to begin again, this time more intelligently.
As I have noticed that more than 95% of the systems around are the direct opposite and holding negative equity all the time and can experience an impending spike down at any market turn. My system aims to position for market turns in profit spikes up and never down..........(trying to do the impossible if you ask me.........cuz everyone wants to see a fund manager making money daily, weekly and monthly).
I just try to stay focus everyday and keep to my goals aligned to gain 10 - 30% return per annum for my clients and move to a full time manager where I would be able to have more time to manage the fund, research & development and work towards improving my life and the life of my clients.
But for now I gotta deal with the blood bath figures here........😲
forex_trader_91886
Member Since Sep 18, 2012
150 posts
Nov 19, 2013 at 07:42
Member Since Sep 18, 2012
150 posts
yohana posted:iceberg12 posted:
Had some issues with my account updating.............had to create new account.
Hi Ice,
As we know trading forex is not easy. It is really hard to do, because the enemy is our psychology.
The hero is not a system we use, but a trader who driving the system.
Everybody knows, although with feel difficult, to save trade position only with :
1. S/L ,
2. Hedging,
3. Martiangle/Everaging,
4. No. 2 and 3.
I recommend no.4 on each Support and Resistance (S/R), but you must able to reveal where they are.
If you don't mind show us your current trade positions, then as you wish here we can make discussion to rescue your trade positions. Please don't be shy, because all of us ever do mistake. That's normal we are as a human 😄
I hope your position is buying AUD/USD then you got positive Swap 🙄
On screenshots I have S/R levels for AUD/USD, who knows we can take it as opportunity.
Keep up your spirit high.
Any ideas are welcome.
Thanks for your feedback and motivation........I just want to claify that it is not my trading account that I have changed but I just deleted it and added it to my profile again so as to get it updating properly again.
By the way...........nice S/R zones on AUD/USD.
Nov 26, 2013 at 01:03
Member Since Jul 04, 2011
24 posts
Hi,
I think you'll soon get better. Ur stats show that ur winning pourcentage is going up and ur average pips won is almost equal to the average pips lost. So, when u get to 50% and up of winning trade, u should be good. Keep it up, u'll get through it.
I think you'll soon get better. Ur stats show that ur winning pourcentage is going up and ur average pips won is almost equal to the average pips lost. So, when u get to 50% and up of winning trade, u should be good. Keep it up, u'll get through it.
Always insure steady growth
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