Posts by compounder
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20-40% performance fee (with high watermark) for Forex traders In Experienced Traders Apr 22 2012 at 02:29
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Once the EA achieves 200 pips, it will stop trading for the month.
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What is so magical about stopping to trade for a month after reaching a certain goal?
I mean, are you trying to appease some gods for stealing their pips or something?
Did you try different versions of the time frame? maybe 23 days or 41 days would work better?
I've seen this statement before and it just puzzles me since markets don't care about anyone in particular or how often you trade or whether you trade at all. They just move up and down and this makes me wonder what justifies this kind of statement espe......
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Could someone from Myfxbook explain if deposits made in the middle of the trade have the effect on the gain as described above by bobowang?
I've seen these allegations in other places but I would think that your system is able to distinguish between trading profits and deposits regardless of when they were made.
Could someone who knows what they are talking about please explain what causes such huge differences between gain and abs. gain?
I know deposits are one cause but in some cases we're talking few orders of magnitude and I just doubt someone deposited so much after making 5000%
Thx
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ability to move between systems as in a slideshow with "next"/"previous" buttons instead of having to go back to the list and clicking from there.
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Few months ago Japan intervened as well and what good did that do - None whatsoever
it lasted for less then a week before yen re-gained (fell on the charts) to where it had before intervention
I've been watching forex charts for long enough now to notice history repeating itself over and over and over in same patterns and my bet is that we'll see Yen at the lows it was this week very soon.
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somebody bet the wrong way on the yen before waiting to see how the market will react
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I think you have too many rules and too many lines on your charts - but such is the case with most traders
I have only two
1. be patient
2. follow the market
anyway, whatever rocks your boat.
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Feb 15 2011 at 05:30
1. Everyone please do yourself a favor and stop setting some imaginary profit goals such as I have to make this and this much $$$ or %%% persecond-hour-day-week-year-whatever. Its pointless no one knows what the conditions will be in the next 5 minutes and you already know how much you will make in a year, at best its very funny.
2. All you can do is analyze the market based on what is happening NOW and make the best of it using an approach that suits your personality best, that includes your tolerances for SL and TP.
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