Posts by bluemele
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[quote]primevalea posted:
It's an older version recognizes illegal users to kill their accounts [evil]
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Yes, haha... And all my losses that I sustain are intended to hurt the eyeballs of anyone watching! [eek]
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Yes. Basket of trades could mean two things:
1. Basket of trades per currency.
2. Basket of trades per $ amount.
I reference both, so I apologize.
:)
Gil
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advice... don't trade blessings when the market is trending hard..
haha..i just want to get out of these GBPJPY trades!
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MB trading is a good company in my opinion. However, you will still have Uncle Sam knocking on your door. I am moving out of any American based brokers except ATC... :)
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Showoff! ;)
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[quote]matrix posted:
Guys,
There is this crowd of people:
Gil Barden
Steve Boardman
Solar
Formac
Soeren
and a couple of others who are playing forex police. Some valuable input, though. But I honestly don't understand you guys, how can you spend so much time and energy on writing those long posts and trashing virtually every system which makes more than 10-20% profits? Forex trading is like going to the casino gambling and the Mafia is deeply routed in this business field, everyone knows that.
So how come you guys can afford to waste your precious time on some bullshit like scam E......
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Tough 2 weeks to try any counter-trending strategies!
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Yes, I know.. It took me a while to figure this out, and it may not work.
The thing that is good is that I started all of this with the market moving quite a bit. This will give me an idea of how bad the DD will get. :)
Do the calculations. You will be astounded....
Gil
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Imagine this:
1. Drawdown Lower due to EP being hit sooner
2. Sooner basket hits EP, the sooner it gets on the trend (more pips)
EQUALS
More baskets per 1K, normally basket would be much larger, 1 basket per 14 pairs traded = 500 x 14 = 7,000.00
With 10.00 baskets, Margin = 3.00 (Go) 1.00 (Insta) + 10.00
You will not need the full 10.00 for all of them as the chances they all explode at once is very unlikely.
90% of the time, baskets tend not to exceed X for each currency
Now, I won't type up all my calculations, but imagine a monthly commission from cashbackforex.com for about .5 st......
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[quote]Siitari posted:
Thanks, I'll have to focus studying those settings.
It reads in manual that you should use about $500 per open chart on micro account for B3 to trade "safely". So on a $2000 micro account you should trade only on 4 charts(each on 25% portion which gives us $500 per currency pair). Have you played around with this / noticed anything that confirms this?
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If you trade with these settings you mentioned, you will hit EP at least a couple times probably per year. The key is if your Grid profits are greater than your EP's.....
You will see I have sma......
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