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Gamer (By forex_trader_319625)

The user has deleted this system.

Gamer Discussion

Apr 19, 2016 at 11:23
421 Views
7 Replies
GamerTraveller
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?
Member Since Apr 21, 2016   37 posts
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.
GamerTraveller
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.
GamerTraveller
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?
Member Since Apr 21, 2016   37 posts
Apr 27, 2016 at 12:59
Aaah, you are new in trading an how were you able to perform that? EA means expert advisor, or robot, used for autotrade.
Member Since Apr 21, 2016   37 posts
Apr 27, 2016 at 14:53
decrease the lot size you are using by dividing it by 4. for example instead of buying or selling EURUSD for 10 lot you can use 2.5 lot.
Member Since Oct 23, 2012   349 posts
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 follow the flock like sheep you always end up stepping in shit!
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