ShareScali-Fxdd-3 (by scali) Quick Stats
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Scali-Fxdd-3 Discussion
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Member Since Sep 02, 2009 23 posts
cwave (cwave)
Sep 16 2009 at 01:00
(edited Sep 16 2009 at 01:00 )
Hello,
Would love to gain information on your system. Thanks in Advance, cwave |
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Member Since Sep 12, 2009 8 posts
pkamau
Sep 16 2009 at 05:49
Can we also see the floating loss. Seems to be quite a big floating DD???????
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Member Since Aug 30, 2009 24 posts
Vidic
Sep 16 2009 at 06:27
Can you tell me what EA are you using?
SL 1000pips quite high risk<img src='  ' alt=' '/>
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Member Since Aug 31, 2009 131 posts
Fulltime247
Sep 16 2009 at 06:53
If the trade size is small 1000 pip stoplosses can actually work since they get hit so rarely. Most people will accept 30% drawdown so that gives you 3 hits of 0.10 lotsize on a 10k account. Usually that wont happen (look at his drawdown) and if you're playing other currencies they can blunt the edge by continuing to win while you're waiting for the 10% hit. The main drawback is a 1K stop will leave you with trades open for weeks until they come back to profit.
It ain't easy being Cheesy! |
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Member Since Aug 30, 2009 24 posts
Vidic
Sep 16 2009 at 07:19
Yup...the idea is to wait 1000pips for profit..but don't forget some time we need to wait for months to get back profit.
I also curious with such wide SL why no opening trade at all? |
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Member Since Aug 31, 2009 131 posts
Fulltime247
Sep 16 2009 at 08:16
(edited Sep 16 2009 at 08:22 )
He has open trades. They're just private so we cant see them. If you subtract the Balance($4263.45) minus Equity($3116.38) then you'll see he's in -1,147.07 of drawdown right now (26.9% DD). Why hide it? LOL! - Don't be ashamed of the ugliness since they usually work out anyway.
It ain't easy being Cheesy! |
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