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EASY 25% p. Month
May 14, 2012 at 14:08
Medlem sedan Jan 16, 2010
41 inlägg
The NZD account seems to have blown up....
Wonder if anybody knows what went wrong there? I thought 25% per month would be easy...
Wonder if anybody knows what went wrong there? I thought 25% per month would be easy...
May 14, 2012 at 14:50
Medlem sedan Jan 16, 2010
41 inlägg
Yeah, it was inevitable. Smooth equity curves usually stay smooth until they blow up in a short period of time.
It seems that people who focus only on returns in their trading tend to miss the risk side of things.
It seems that people who focus only on returns in their trading tend to miss the risk side of things.
May 14, 2012 at 15:05
(redigerad May 14, 2012 at 15:06)
Medlem sedan Jan 16, 2010
41 inlägg
TradeCopier2012 posted:
Yes Marcel,
my fault it was. $50 wasnt enough at all for this one. And because of the NU retracements werent strong enough to take some trades to T/P within this downtrend so......
TradeCopier, I don't wish to come accross as 'I told you so', but I really believe that your underlying premise is flawed. Firstly, every time an equity curve is smooth like that, it generally means that you focus on returns and ignore risk. You can survive like this if you tone down your leverage substantially (probably lower than 5% per month) and are willing to accept the occasional month where you are down 50%. I have seen people trade like this before and everyone who did it is not around any more.
Another way is to focus on risk, i.e. cut losses very short (0.1% to 1% risk) and aim for gains of 5-10x risk. Your equity curve will look pretty bad, but you will never blow up this way. That being said, most people on here don't wish to trade like that.
Edit: and trying for 10 pip stop-losses with massive leverage isn't going to work either. You need to give the trade a reasonable chance of working out, otherwise you will just have zero winners.
forex_trader_67014
Medlem sedan Feb 24, 2012
77 inlägg
May 14, 2012 at 15:34
Medlem sedan Feb 24, 2012
77 inlägg
Ya, looks like my system wont work within troubled times like these with small balances.
So let the EU run and have an eye on my 2nd tries to make stable income. Perhaps this will workout
time will tell but I know if Greeks are gone and Europe is getting a bit more stable this system will work,
of cause with less gain using higher starting balance
So let the EU run and have an eye on my 2nd tries to make stable income. Perhaps this will workout
time will tell but I know if Greeks are gone and Europe is getting a bit more stable this system will work,
of cause with less gain using higher starting balance
May 14, 2012 at 16:18
Medlem sedan Jan 16, 2010
41 inlägg
TradeCopier2012 posted:
Ya, looks like my system wont work within troubled times like these with small balances.
And if your balance was bigger? Where would your account be now and how long would you need to recover this loss? Compared to your downside, your upside is very limited. Remember that there hasn't been a really bad price shock here. This is just a normal market gyration.
I notice you mention wishing to have stable income. I really think that those type of strategies are flawed. I mean, you could go into the stock market and write puts. In good times, you will have a nice constant stream of income, but in bad times, you will lose ALL your money.
Generally the strategies that survive price shocks tend to have very small negative months while the positive months are much better. Consistency doesn't feature, but keeping losses small seems to be a very important focus.
Medlem sedan May 15, 2012
247 inlägg
May 19, 2012 at 14:49
Medlem sedan May 15, 2012
247 inlägg
PipGnostic, I pay your party..... yep, this went into wrong direction. Well, I could blame the greeks for this (I do) because this is not normal market situation.
ANYWAY, it showed me clearly that I had chosen the wrong pair and way. So I changed direction and went for quick gain instead of waiting for trend changing.
2 Days of trading gave me now 37%, 16% and 3 Days 24%......
And using my trading plan this one should go better than most systems...
Next step is to setup 2 more accounts between these ones.
And yes, this is very high risk, at least the first one, but chosen pair does not reflect the crisis as the Kiwi does or more bad the EU......
ah, as you can see I opened an new account for this......
ANYWAY, it showed me clearly that I had chosen the wrong pair and way. So I changed direction and went for quick gain instead of waiting for trend changing.
2 Days of trading gave me now 37%, 16% and 3 Days 24%......
And using my trading plan this one should go better than most systems...
Next step is to setup 2 more accounts between these ones.
And yes, this is very high risk, at least the first one, but chosen pair does not reflect the crisis as the Kiwi does or more bad the EU......
ah, as you can see I opened an new account for this......
Medlem sedan May 15, 2012
247 inlägg
May 21, 2012 at 18:42
Medlem sedan May 15, 2012
247 inlägg
my last post in here...........
failed with the NU for Easy 25%, bad and hard to see that the Kiwi was following the bloody Euro........
Anyway, everything is new now and I´m in hope......again ;-)
New Style, New Pair, from Hell (almost 100% in 3 Days) to Heaven (more moderate but workin) so I turned 180 degrees.........
Quick 100% And Take It Out!!!
failed with the NU for Easy 25%, bad and hard to see that the Kiwi was following the bloody Euro........
Anyway, everything is new now and I´m in hope......again ;-)
New Style, New Pair, from Hell (almost 100% in 3 Days) to Heaven (more moderate but workin) so I turned 180 degrees.........
Quick 100% And Take It Out!!!
Medlem sedan May 15, 2012
247 inlägg
Jun 05, 2012 at 06:05
Medlem sedan May 15, 2012
247 inlägg
it works now using the UC......
and NOT waiting for Mr. Big DD I close all trades when I reached 100% taking out the gain starting fresh again...
and NOT waiting for Mr. Big DD I close all trades when I reached 100% taking out the gain starting fresh again...
Medlem sedan Mar 03, 2011
164 inlägg
Jun 05, 2012 at 13:21
Medlem sedan Mar 03, 2011
164 inlägg
What about 15-20% per month? Is it enough or not?
Not so easy but enough I think..
https://www.myfxbook.com/members/abc_forex_ru/abc-forexru-2-pamm/293249
Not so easy but enough I think..
https://www.myfxbook.com/members/abc_forex_ru/abc-forexru-2-pamm/293249
Medlem sedan May 15, 2012
247 inlägg
Jun 05, 2012 at 18:21
Medlem sedan May 15, 2012
247 inlägg
hi abc...
yep, enough far enough but.... I traded this before using the Kiwi.... this guy followed the Euro.... so had an total DD because of following and let account run...
now using the Cad is great and never thought about such an performance.... but earthed 2 accounts using diff settings. These used settings look good and I´m very happy having them tested too.
Now I trade only app. 2 weeks and then taking out the gain, safe it and resetting account to start fresh again.
First 100% is taken out, started new last Friday, right now 20% again...
As I said I never had in mind to reach such an performance and dont know what market will do in future but what I know now is that the UC is less effected by this bloody crisis than the EU or GU or Nu or....
Anyway, just started using this pair, time will tell me if it will proceed good enough to take more gain out than re-funding the account again. Start is good and chart looks very good for this.
Let´s watch it....
Dirk
yep, enough far enough but.... I traded this before using the Kiwi.... this guy followed the Euro.... so had an total DD because of following and let account run...
now using the Cad is great and never thought about such an performance.... but earthed 2 accounts using diff settings. These used settings look good and I´m very happy having them tested too.
Now I trade only app. 2 weeks and then taking out the gain, safe it and resetting account to start fresh again.
First 100% is taken out, started new last Friday, right now 20% again...
As I said I never had in mind to reach such an performance and dont know what market will do in future but what I know now is that the UC is less effected by this bloody crisis than the EU or GU or Nu or....
Anyway, just started using this pair, time will tell me if it will proceed good enough to take more gain out than re-funding the account again. Start is good and chart looks very good for this.
Let´s watch it....
Dirk
Jun 08, 2012 at 10:50
Medlem sedan Jun 06, 2012
2 inlägg
Hola TradeCopier,
Desearia poder contactar con Ud. a fin de poder tener una conversación que me permita su colaboración en mis inversiones, buscando una forma de retribución que Ud. proponga.
Desearia poder contactar con Ud. a fin de poder tener una conversación que me permita su colaboración en mis inversiones, buscando una forma de retribución que Ud. proponga.
Medlem sedan May 15, 2012
247 inlägg
Jun 08, 2012 at 11:21
Medlem sedan May 15, 2012
247 inlägg
hola Joseluis,
in english please, thank you
in english please, thank you
Jun 08, 2012 at 14:14
Medlem sedan Jun 06, 2012
2 inlägg
I am an investor in Andorra, working in forex with a capitalization of over US$ 100,000.
I would like to know your strategies for automated systems, to apply a portion of my capital.
My questions are:
1. ¿How can you help me to use your automatic strategies?
a. ¿giving me your strategies or your codes or your robot.?
b. ¿overseeing the control of my investment, to do with your automated systems?
c. ¿Can you recommend a broker or financial advisor, which you can use your systems and your strategy?
2. Give me the price you charge for each of these collaborations.
3. ¿Where do you recommend that I can continue to learn more about your personality and your automated systems?
I hope your news
Jose luis
I would like to know your strategies for automated systems, to apply a portion of my capital.
My questions are:
1. ¿How can you help me to use your automatic strategies?
a. ¿giving me your strategies or your codes or your robot.?
b. ¿overseeing the control of my investment, to do with your automated systems?
c. ¿Can you recommend a broker or financial advisor, which you can use your systems and your strategy?
2. Give me the price you charge for each of these collaborations.
3. ¿Where do you recommend that I can continue to learn more about your personality and your automated systems?
I hope your news
Jose luis
Medlem sedan May 15, 2012
247 inlägg
Jun 08, 2012 at 17:14
Medlem sedan May 15, 2012
247 inlägg
please use my email I sent you via pm for further contact
thank you
D.Schaefer
thank you
D.Schaefer
Medlem sedan May 15, 2012
247 inlägg
Jun 10, 2012 at 10:45
(redigerad Jun 10, 2012 at 10:45)
Medlem sedan May 15, 2012
247 inlägg
abc_forex_ru posted:
What about 15-20% per month? Is it enough or not?
Not so easy but enough I think..
https://www.myfxbook.com/members/abc_forex_ru/abc-forexru-2-pamm/293249
thats why $25 for the U25 was nt much enough. So for changing lotsize I recommend followers to do this if at least $75 or $100 is reached for less risk, this gives enough performance too
Medlem sedan May 15, 2012
247 inlägg
Jun 11, 2012 at 07:09
Medlem sedan May 15, 2012
247 inlägg
this week will show if U15 hits 2nd 100% to take out or his 1st DD......
Medlem sedan May 15, 2012
247 inlägg
Jun 12, 2012 at 03:27
Medlem sedan May 15, 2012
247 inlägg
this market is GREAT, it´s Money :-)
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