LPTCN.T Discussion

Great performance!

Thank you! Actually I have a plan that obtain 100 times return within 6 years with the drawdown of no more than 30%. And i have expended more and more energy to improve the risk management level.
Only time will tell.

Cangradulations
constantly profitable performance.

So, is it all manual trading? And do you plan to manage accounts? Like PAMM acounts or so on?
Maybe open an Auto-Trade signal here in MyFxBook?

Yes I look for entry and exit signals all manually, including the position sizing or money management in other words instead. I usually use intermediate charts (daily, weekly, or even monthly) to analyze the market price action, try to find out the potential leading forces which may shift the balance of power between support strength and resistance, and then follow them. Actually I am an old traditional chartist without any indicators trading or instant news trading.
Since there is nothing new in Wall Street, Rules never change and human nature never change. While many other people use complex indicators hoping to find a reliable ea to make profits once and for all, I just trade in my own way with the age-old timeless method. Simply, directly, but always effectively!

Manage accounts? Why not? Anyone who would like to join please contact me via email. There are already several ways to start cooperating.
Perhaps I will open a pamm account in the future and if i do that， the maximum drawdown would be controlled straitly less than 12%.

Hello, congratulations. I like what i see.
However, do you trade with major trend or countertrend too? Can you clarify your exit strategy? Do you trail the stop simply or what?

I see multi position opened on the same pair/price range, maybe you are using a sort of reinforcement strategy?

Regards,

well done! keep going pls.

Thank you! Time will tell.

fxsuper posted:
Hello, congratulations. I like what i see.
However, do you trade with major trend or countertrend too? Can you clarify your exit strategy? Do you trail the stop simply or what?

I see multi position opened on the same pair/price range, maybe you are using a sort of reinforcement strategy?

Regards,

Hello! In most cases i trade with major trend, but also countertrend sometimes. After i open a position, the market will tell me whether it's right or wrong. So just close it when the signal disappears.
The last question, yes i trade with multi position on the same pair/price range. It makes no sense, just personal preferences. There aren't any grid component.
Cheers!

You have a good profit.