PAMM recommendation

Oct 18, 2012 at 16:09
21,657 Views
521 Replies
Member Since Jul 11, 2011   29 posts
Feb 06, 2014 at 08:26
please find my trade

https://www.myfxbook.com/members/khalildisi/khalildissi/784896

i managed forex accounts and stock option



K.Disi
Member Since Aug 30, 2013   325 posts
Feb 06, 2014 at 08:35
khalildisi posted:
please find my trade

https://www.myfxbook.com/members/khalildisi/khalildissi/784896

i managed forex accounts and stock option





Not everyone is as stupid as you pal you hid the balance etc because you have very little faith in your manual trading and hence was too embarrassed toshow you started with very little and wouldn't borrow 500k and trade with it hence my conclusion is you're another fly by gambler who will lose it all soon lol
Member Since Jul 11, 2011   29 posts
Feb 06, 2014 at 09:09
@forexpipcatchaand i think that you should respect others comments and systems ,,
K.Disi
Member Since Aug 30, 2013   325 posts
Feb 06, 2014 at 09:13
khalildisi posted:
@forexpipcatchaand i think that you should respect others comments and systems ,,

Sure the non scammers will get my respect but do correct me if I'm wrong otherwise go and apply for a loan of 500k and trade your system and become a millionaire
Member Since Jul 11, 2011   29 posts
Feb 06, 2014 at 09:27
first of all i will not apply for a loan from bank to trade on it ,, that's very risky and gambling as you mention
i worked in investment bank as risk manager
when i start investment in FOREX i lost a lot of money then i learned how to mange my account very will

am here not to gambling i want to assets traders to win in there trades
  


K.Disi
Member Since May 02, 2013   90 posts
Feb 06, 2014 at 14:13
myfxday posted:
Hi everyone,
Thanks for your all comments! I really appreciate your views.

In my personal opinion it is worth taking a look at a system which has the following highlights:

The TP and SL are 1:1 ratio and each trade has a minimum of 25 pips TP or SL distance.
The system that has a Strong Risk management and the maximum loss per trade is only up 1% of the total Equity.
The system that does not have open trades more than 12 hours.
The open trades are profitable from 80% to 100% from the time they are open.
The monthly profit target above 10% is met.
The drawdown is kept below 10% each month.

If a system meets the above requirements I would definitely have a look the system and put it in my watch list as well.

It does not matter to me if the account is DEMO or REAL and it does not matter to me if the account is ONE DAY old or ONE YEAR old.

Below are my account links:

December 2013
https://www.myfxbook.com/members/myfxday/myfxday-december/783408

January 2014
https://www.myfxbook.com/members/myfxday/2014-january-myfxday/806447

January to February 2014
https://www.myfxbook.com/members/myfxday/myfxday/822257


Myfxday
Hmm, don't think we're on the same page, but anyways, seems like you've got it all worked out anyway.

Good luck with it.
Hate your losers more than you like your winners
Member Since May 22, 2012   250 posts
Feb 06, 2014 at 15:14
Donex , why u made a diiferent account for every month ?? Thats not good for taste ur fiabilty.
Caution ¡¡ Forex market is full of scams ¡¡
Member Since May 02, 2013   90 posts
Feb 06, 2014 at 15:21 (edited Feb 06, 2014 at 15:22)
@optimofx

Sorry mate, don't quite understand the question? Maybe you don't speak English and you have used Google translation, but whatever it has translated it does not make sense.

I will try and answer what I think you are asking. The accounts did not all start on same month, but same system with different risk. Just wanted to see the difference in drawdown, expectation etc. Probably do not really need to do it, as you can work all that out with some maths on one account, but did it anyway.
Hate your losers more than you like your winners
Member Since May 22, 2012   250 posts
Feb 06, 2014 at 15:35
And u think u gonna see difference in DD,expectaion etc in one month history? No sense mate. One month history dont say nothing.
Caution ¡¡ Forex market is full of scams ¡¡
Member Since May 02, 2013   90 posts
Feb 06, 2014 at 20:22 (edited Feb 06, 2014 at 20:29)
Eh? Are you sure we're looking at the same thing? Firstly even if it was 1 month history, so what? Unless you have a special machine that can make time go quicker then 1 month takes approx 4.5 weeks to complete. You have to start somewhere. If I want to forward test a strategy for 1 year, unfortunately at one point in time it will only be running for 1 month.

Secondly they've been running around 6 - 7 months not 1 month. 🙄
Hate your losers more than you like your winners
Member Since Aug 08, 2012   26 posts
Feb 06, 2014 at 20:57
Hi
I guess optimofx perhaps looked at my Demo account links (given below) and assumed that they were your accounts because of your quote for me.

December 2013
https://www.myfxbook.com/members/myfxday/myfxday-december/783408

January 2014
https://www.myfxbook.com/members/myfxday/2014-january-myfxday/806447

January to February 2014
https://www.myfxbook.com/members/myfxday/myfxday/822257
mxfxday
Member Since Jan 24, 2014   132 posts
Feb 08, 2014 at 10:12
i think many trader here has good performance. wish you find the good one. :)
keep smile
Member Since Aug 30, 2013   325 posts
Feb 08, 2014 at 11:45
batak posted:
i think many trader here has good performance. wish you find the good one. :)

You said many here have good performance hence no need to wish him anything since there are many and he will find one according to what you say. So if all traders are as logical as you the banks have nothing to worry about lol
You got no idea have you let me spell it out... 98% of traders loseeeeeeeeeeeeeeeeeeeeee which means 98% of the fly by one day results have outlived their usefulness
Member Since Aug 24, 2011   13 posts
Feb 09, 2014 at 09:56
Should I open PAMM account?

https://www.myfxbook.com/members/nextcandle/jcfx-aggressive/831324

Well, maybe if for the next 3 months I consistently profitable, I will do it
Cheers............
Member Since Aug 30, 2013   325 posts
Feb 09, 2014 at 10:35
nextcandle posted:
Should I open PAMM account?

https://www.myfxbook.com/members/nextcandle/jcfx-aggressive/831324

Well, maybe if for the next 3 months I consistently profitable, I will do it
Cheers............

Yes you should and open it with 700k then i'll come on board
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Feb 09, 2014 at 10:41
@forexpipcatcha, i think you are rude and jealous.
@nextcandle has a nice system. Try to keep this work. It's interesting.
Member Since Aug 30, 2013   325 posts
Feb 09, 2014 at 10:48 (edited Feb 09, 2014 at 10:52)
SwissManagement posted:
@forexpipcatcha, i think you are rude and jealous.
@nextcandle has a nice system. Try to keep this work. It's interesting.
It don't matter what you think stinker what matter is if I accept there stupid offer lol hence why the fools are part of the 98% of losers. As far as jealous of what your Swiss colours? or is that your brain colours?
Member Since May 22, 2013   9 posts
Feb 09, 2014 at 19:36
Hi all,

Below is the link for my performance on myfxbook. R:R greater than 1 with TP and SL, Risk per trade is between 0.5% to 3%. Drawdown below 5% with monthy gains between 8-10%-

 https://www.myfxbook.com/members/madaneeraj/safe/812751

Trading methodology-

Capital protection is the key, gains automatically follow- I try not to risk more than 2% per trade (often less).

My risk per trade is limited to 2-3%, in case of back to back losses I reduce my risk and lot sizes until conditions turn favorable. I believe this strategy prevent huge drawdowns and give trader time to re-evaluate strategies and make necessary corrections wherever required.

Entries are trend following-Trends last for months even for years. you just need to wait for right entries

- I try to enter on retrace at a support on a daily/H4 chart following Weekly/monthly trends.(Inter day strategy)
-or, I enter at a break of resistance following trend (Generally Intraday trades)

Reward to risk is always greater than 1:1, so even if win rate is less (I don't expect it to happen as trades are high probability) healthy profits could be made

I try to keep visible SL for every trade (20-150 pips). I am happy to take a loss if the trade has not turned my way rather than waiting for a turnaround. In addition no trade is averaged, hedged or martingale, again if it's a loss its a loss.

I do take trades on support/resistance but still want to give them breathing space in event of news spike. As targets are always greater than the stop loss and risk percentage is low, even large stop loss would not impact the account by more than 2%

Please write back in case further information is needed. I will keep updating the thread on the trades and logic behind taking them.
Member Since Jan 24, 2014   132 posts
Feb 09, 2014 at 19:44
forexpipcatcha posted:
batak posted:
i think many trader here has good performance. wish you find the good one. :)

You said many here have good performance hence no need to wish him anything since there are many and he will find one according to what you say. So if all traders are as logical as you the banks have nothing to worry about lol
You got no idea have you let me spell it out... 98% of traders loseeeeeeeeeeeeeeeeeeeeee which means 98% of the fly by one day results have outlived their usefulness

98% trader lose? wow..
keep smile
Member Since Jan 24, 2014   132 posts
Feb 09, 2014 at 19:44
nextcandle posted:
Should I open PAMM account?

https://www.myfxbook.com/members/nextcandle/jcfx-aggressive/831324

Well, maybe if for the next 3 months I consistently profitable, I will do it
Cheers............

very good.
one quick question.. why you not make withdrawal?
i know its up to you making withdrawal or not but i think many trader will withdraw his/her deposit money for safety trading no risk.
keep smile
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