Posts by Midoru
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EUR JPY In General Nov 23 2012 at 20:30
[quote]Davidii111 posted: I put in 70 000 more, hope it will turn soon?[/quote] Respectfully, I do not normally tell anyone how to trade, as we must find our own way, but I do think that your leverage is way too high, certainly too high for another leg on your martingale. As it stands, looks like you will drop over 60k every 100p. It will turn at some point of course (who knows when), but at the moment I think we are looking at a macro trend likely to persist till the December elections. The yen is my preferred currency and I am quite familiar with it, but my method has nothing to do with ch......
EUR JPY In General Nov 23 2012 at 17:49
Oh my, this is a very bad situation. I think very few here can help solve your problem. If you wish to stop the losses while you figure out what to do it would probably be better to just kill the positions. Ultimately it is the NAV and not the balance that is important. By taking out another 22.5 lots you are going to lose a few more thousands in spread. That said, if I had 10-20 more times capital to behind, I would just wait it out, no prob. Whatever, dump the EA.
ROTFL - gotta love the big talkers with their play money accounts. Has a system that would make him the richest man on earth in a year and will only charge you $99.00 for it. [quote]Fxringleader posted: 4% Hell we do that in 1 day.... Ask For the World Man! add a Zero to the 4% and make it for 40% No Fear.....Take it all and give nothing Back... Oh and 1 last thing STAY AWAY from martingale yes they work but 99% of what people are doing with them is ass backwards.. they have no clue on the correct application to a trading account and yes it will blow you and your account out the water..........
who is guru???!!! In Experienced Traders Nov 13 2012 at 04:47
[quote]saeedrehman posted: everybody is requested to show any argument proving that i am in wrong trade. [/quote] Well, when drawdown goes beyond 40% one might begin to suspect...:)
Question on stoploss diff In General Nov 13 2012 at 00:34
Spread
Upcoming Contest Q&A In General May 08 2012 at 12:14
Well, you would think FXCM has the skill set to get their platform up and running on time (hmmm) - maybe engineer whose job is to enable accounts overslept (hmmm) - think a lot of contestants will be clamoring to open real accounts (hmmm) Good job FXCM!
Upcoming Contest Q&A In General May 08 2012 at 11:45
Massive incompetence!
Upcoming Contest Q&A In General May 08 2012 at 11:30
Really, could not have asked for a better set up. Oh, if only platform worked. Utter FAIL!
EASY 25% p. Month In General Apr 30 2012 at 11:09
[quote] TradeCopier2012 posted: one day to go for April, my Kiwi is at 16.42% right now. Already reached my 25% goal this month. [/quote] Excuse me, but how does 16.42% = 25%?
[quote] Master_of_Chaos posted: [quote] TheCyclist posted: Divergence should be more evident now? [/quote] Not at all........ it is the normal behaviour for a system which likes ranging markets. And the major part in a year we normally have ranging markets...... [/quote] System history shows a conservative 1.87% monthly average with a NAV high of 9.91% over 8 months. Losing all profit in a couple of weeks is normal behavior? At the rate this system earns, looks like you may be stuck for some time.
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