You are always in a huge drawdown...closing winners for a few pips and letting the losers run for a long time...all I see is a gambling account.
Thanks for the feedback and your opinion. The live results are almost identical to back testing and demo. A running drawdown was expected.
Good to see someone that takes 'negative' feedback and disparaging comments in a positive manner. With an attitude like yours, I'm certain you will succeed one way or another.
Each to their own strategy/system. Don't ever let the losers (trades and people) bring you down! 😎
HODL as applied to forex. Well done so far, sir! 😁
What are you talking about? It has been a year since the account started and the account hasnt made any money. In fact the equity is is at about -2%. How can you say well done if there has been no profit for a year? If you believe what you said, you have very low standards...
Your assessment of his performance is clear and true. I appreciate your perspective.
However, I support his positive attitude to criticism and his valiant efforts. Also, has he not been 'successful' in other respects? Success is not always measured in 'dollars profit' but many other metrics: 'dollars lost' for example, and consistency another.
You may consider I have low standards - perhaps low standards is what one requires to survive? You cannot always have high expectations or you will always be disappointed. I consider I have gratitude that his account has lasted as long as it has.
He is also successful in fulfilling the criteria better than many other attempts in this thread:
1) The account must be real - no demo's. (please do not argue here that it is the same as a live acc. etc - the idea is not to engage in any arguments)
2) The account must be verified (please do not come and defend your unverified-but-want-to-participate account - there will simply be no interest)
3)DD must not be higher than 40% - (please. Once again. No justification for your above 40% dd, if it is higher - don't participate)
4)The account must be older than 3 months, maybe this is even still too young.
5)No martingales! (it might work for you, and I do not want to engage in an argument - just please keep to yourself and don't participate)
And on those points he deserves to be congratulated don't you agree? 😉
The 'wooden spoon' for profits; gold medal for everything else. 😄