SharePosts by Damon
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Projected Maximum Draw Down is how low he thinks the account will go before it turns around again (Biggest peak to valley) That means with $1000 it would be ok to see -$250 Or if you were at $10,000 it would be ok to see -$2,500 because a 25% Draw Down is normal Max Draw down for the strategy and weight he is trading.
Brutal, I am very sorry to hear this happen to you... it still happens to me too. Today even! And I have been around the block.
I just lost 12% on a new manager http://blog.fundsforexmanaged.com/posts/emergency-stop and I consider myself pretty knowledgeable and experienced in ......
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Damn, I am very sorry to hear that.
Did he make you open a trading somewhere strange? Or did he burn your existing account at a reputable brokerage? or?
Damon
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Hi,
Could you update your general info to display the EAs you are using? Otherwise it might as well be private.
Damon
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Hi Mike,
Is this EA for sale?
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Thank you for updating :)
How come you made everything private?
Damon
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Are you going to update?
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What you guys talking about?
His deposit is $1055
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Hey fxuma,
Literally, the next trade was 350 pips X2 trades, and it has been doing better since I stopped the managed. LOL
I want to do another account but from $1000 instead of $300 I also have another 1 or 2 strategies that look very good that I may add to he mix. The main reason for stopping this one was not my horrible timing with changes and problems. It was that I was trading too heavy for the account.
So I will do another one, but I need to put much more planning into it. I still have the goal of 1 million without touching the account... it's the only way I will be able to make mysel......
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SO far I see nothing squirrely going on, they are have viewable history and open trades, they have not asked for money, they have said they are trying to make the most amount of money in the shortest time (high risk) they are on my watch list !
I wish you guys success !
Your graph looks a hell of a lot better than my attempt at a million :)
Damon
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Hey Miguel,
Have you talked to this group?
Damon
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