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Edias FX Invest Discussion
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Member Since Mar 05, 2010 3 posts
bwana
Mar 08 2010 at 16:11
Hello,
I would like to commend you on your portifolio, 18.7% is a really good gain, and although your drawdown is a little high, it looks like you are doing very well. Which brings me to a question: what money / risk management tools do you use? I see the % win/ lose is not particularly high, which means that you have excellent account management skills. If it is not too much trouble, would you mind sharing / educating us on how you achieve this? Thanks in advance, and many pips! |
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Member Since Nov 06, 2009 9 posts
Andre Ediassen (SymFX)
Mar 08 2010 at 21:34
Hi Bwana.
Thank you for your positive comment. I completely agree on the DD, its way too high and this demo was meant to be the final tuning on the risk-profile before going live, removing diseases like too large DD. This was an painful issue to present for investors :) There are two factors giving me (IMO) a good expectancy; 1. My R:R is usually quite high because my stop losses rarely exceed 40 pips with the aim to catch a whole daily/weekly/monthly range, shortly told. 2. I rarely trade scenarios where I'm not able to reverse my initial position. I.e, if I where short, I would go long if my SL was triggered. In short, it took some practice to find critical points in the market whereas this solution was effective. Regards, Edias |
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Member Since Mar 05, 2010 3 posts
bwana
Mar 09 2010 at 05:58
Hi Edias,
Thanks for the explanation. I can relate to your trading style because it seems like it is active and not passive, i.e. if you see something wrong, you get out quick, but if you see something good, you let it ride. I'm testing a system based off MTF using gann, heiken-ashi, stoch (13,3,3), and macd (5,13,3) and so far, i'm having marginal success. The indicators are not so clear and i'm also hazy on identifying s/r levels. I've tried to fit fibs to all kinds of historical trends, but i can't seem to get it quite right. You know when you look at the fibs and try to make your graph fit the lines? Well i seem to be doing more of that when instead, the lines should be fitting the graph.. Could you please suggest some pointers to be able to recognize these levels? Are you on FF? Thanks again! |
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Member Since Feb 22, 2010 1 posts
C.K. (MrC_fx)
Mar 18 2010 at 09:35
Hey man. Good work here. Nice example.
My common sense is my crystal ball and my ally that has all the answers. |
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Member Since Nov 06, 2009 9 posts
Andre Ediassen (SymFX)
Mar 29 2010 at 08:14
Hi Bwana. Sorry for the delayed respond. You can find me on FF, aediaz1 is the name.
I don't use fibs or any other indicator to make trading-decisions, you'll find some threads on FF where I post to see what I'm talking about. Thanks C.K :) |
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