Dr. Vodka, I think I understand your point about the risk. Since the curve has risen the most toward the end, you must have maxed out the lot size, correct? Alright that doesn't do much good outside a competition but that 85% win ration and such a high profit factor has got my attention. What would it take to learn how to constantly get an 80+ win ratio like that? Can that be done on a regular basis?
I think that others might like to hear what you have to say but we can go private if you like.
yes u r correct about the lot size at the end , and yes it can be done on a regular basis but NOT daily or weekly and it will involve BIG risks . U have to risk BIG to win BIG fast . if U you are happy with 5 % a months then you dont need to Risk allot you know what i mean .But if u want FAST Money then you need to Risk more . Simple
Thanks Dr. Got it. I guessed that the sizes had to be large but I didn't guess how many it would take. I won't go any further hear but I would like to thank you for helping me to understand you methods. I did indeed understand how the 85% was achieved but I am not sure how to adapt it to everyday type system. Its Ok though, it gives me something to think about.
This conversation is so simplistic that it makes me sick. Bob said he is looking to 'compromise profit for safety'. In what freaking world do you live in. Your not even safe in your own skin, so as long as you are exposed to the market your account could never be safe. The level of manipulation which can occur in forex by far exceeds that of say 'wall street trading'.
1) The spread which is clearly controlled by the broker, can turn your stop loss into swiss cheese. The spread can turn pending orders to market orders which once opened would create a margin call due to the Max leverage which you have set forth prior to the order being filled.
Most of you simple minded traders like Bluepanty and Bob haven't been trading long enough to even see the manipulation in real time. Bluepanty did say he was 'to lazy' to sit in front of a screen all day, which clears tell you a lot about his perception of what the market is.
If you see a person who has turned even 50% profit in a month, and that person has placed more then 50 trades, simply analysing their trades and only focusing on the Pip-drawdown will tell you if that person can profit in the 'long term' or not. Once again you simple minded fools fail to realize that, because Pip-drawdown isn't even mentioned on forums. You guys are more focused on ENDING UP being correct, then being CORRECT from the time you get into the currency.
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