PipGnostic

Everything is easy with good money management.

He is on 0.1 account so probably it can work.

but add additional 50$ or 100$ should be better.
0.01 for 100$ is almost safe
0.01 for 150$ is ultrasafe

I dont know about his hedge tactic but I did some research with MG on this pair.
Between high and low for 1 month its about 400pips. In worst case scenenario and if he is not greedy and stick with MG tactic he can manage it with 100$ or 150$ on account.

1. Month Worst Case MG estimation

1. -0,35*8=-2,35
2. -0,70*7=-4,90
3. -1,05*6=-6,30
4. -1,75*5=-8,75
5. -2,80*4=-11,20
6. -4,55*3=-13,65
7. -7,35*2=-14,7
8. -11,9*1=-11,9

-73,75$

So with 50pips MG step he can cover 400pips with 100$.
But it can fall into situation when you dont earn a cent in month when this situation happend.
So I think its unreal to gain 25% per month for example over year.

But atleast he will didnt blow his account. If he stick strategy and not overtrade. Because its safe only when you are doing 1MG serie and not open second serie before firstone ends.

Well guys, nice discussion but PipGnostic, you said you would leave this....mh, ok with me. But if this is no trading i dont know what trading is. So looks like you already found your genious system, stick with it, i wish you good luck but if not I would recommend to make this short and invite you again at beginning of may, please give me at least one month. Not much for an non-trader, isnt it?
thank you

Since when has losing money become acceptable in trading?

He can cover x pips? What the **** is that ?

If you lose 10% of $100 you lost $10 you have $90.

If you make 10% on $90 you have $99.

See that 1% gone missing? Rule 1 of fx. Don't lose. Any system that wants to do 1000% will lose so much along the way it will have to do 10000% plus just to break even. Just not possible to run at that pace. Short periods maybe, but then you see your arse and blame it on a tsunami.

Whats' the point of that?

C'mon guys...really.

PipGnostic

Nope nothing is missed because its wasnt even closed :)
Thats point of MG you closed one series of MG trades only when your serie will be in plus (like 4 or 6 or 8 etc trades at once).
where 1+2+3+4+5+6 < 7.

Anyway dude you need to chill a little bit, maybe turn emotion off, its also very helpfull during trading :)

I am just saying MG can work if you can manage it with proper MM and emotionless. Thats all.

And I just wanted to tell dude TradeCopier2012 that he should add additional 50$-100$ to protect his account better.

If anyone is interested in this here´s the link to subscribe for this:
http://instaforex.com/forexcopy_monitoring.php?trader=2065953