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MIDAS4 Discussion
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Member Since Feb 17, 2010 33 posts
Phil (Philbot44)
Mar 01 2010 at 19:26
what happened the last month any ideas thats a massive loss?
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Member Since Oct 22, 2009 84 posts
MIDASUser
Mar 03 2010 at 23:08
(edited Mar 03 2010 at 23:23 )
The subscriber set their drawdown percentage far to high (50%) Open trades closed when they reached their limit. Had they have not set it to 50% and waited, the gbp/usd came back up having taken a bit of a drop and it would have closed trades taking profit.
I prefer to have mine set at 100% and take the profit once doubled (about 42 days on standard settings!) When everything else out there is just not good enough, design your own! MIDAS |
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