2) I am with Traders Way because I used to help manage a few accounts other than my own, and that is where those accounts were. So it just made sense having an account in the same place. I no longer assist in the management of those accounts as I don't like the stress of dealing with other peoples money. It was I choice that I made for personal reasons, and not because of any account problems. I just don't like having to be responsible for money that doesn't belong to be.
3) In regard to the leverage on the account. 1000 is the available, but the account could just as easily have a leverage of 50. It has very little impact in regard to how I trade.
4) FIFO is a pain in the arse, but also not typically an issue for me given the methods that I trade with.
5) Anti Hedging regulations for US based clients however can be problematic, as on certain occasions during a period of trend reversal I use a series of hedge orders to offset negative profitability and additional retrace positions. Using an 'off shore' broker which isn't subject to the US anti-hedging regulation solves that issue. But even then, this typically isn't a problem as I don't hedge very often.
ahuruglica posted: @Master_Kiwa Yes mr LOW Pip drawdown because 14,630 pips is VERY, VERY VERY LOW.
You are an original retard, I would say you are the missing link between ape and human, but you act is 100% as ape, congrats.
Hey its ok that you seem to not understand my point. Let me clearify it for you. You focus on Drawdown %. I focus on Pip-drawdown. Your total amount of pips, is LESS then what you give the market on avg. Which is why your % profit is so low. Should you decide to focus more on entries, then your overall profit would be much higher then what it is now. So here is the problem. You focus on my account, which is fine. Especially at that time in which I was WELLLLLLLLLLLLLLLLLLLLLLL into profit, their for risking my profit, and not my principle. That is trading smart money. Also, in that same account, you'll notice that I am not using leverage. The floating losses, which do have high pip-draw down are nothing more then swing traders. Since then I have focused on scalping, which has allowed me to gain profits which dwarfs yours.
So to sum it up. if we were to compare each and everyone of my trades to yours. It will be clear to see that my ENTRIES are much more ACCURATE then yours. Being YOURS is less accurate and YOU KNOW IT IS, that is why you take such small wagers. So noob-cake would you like for me to go as far as creating a video which analysis all of your trades, and reveals how HORRIBLE your entries actually are?
P.s. to noobs: Most of the people who trade forex will focus more on pip-drawdown, then the amount of pips which they actually give to the market as they wait to turn profit or even break even. Have a look at ahuruglica's trades. One by one by opening his history and hoovering your mouse over the small chart on the right. It will reveal his PIP-DRAWDOWN and his entry accuracy. Then ask yourself, would you be willing to give the market 100-150 pips before you hit your tp?
As far as I remember you are talking about his Long AUDJPY trades... all closed in profit. Whatever the market does, as AUDJPY is bullish... No SL needed for thoses swing trades as being long into a bullish market it's just a matter of time!
You talk about entries accurancy... let me clarify for you!!! there is no need to be accurate to win 3 pips! You want me to proove it! Whenever you like you pick a pair you decide the Short or long... As soon as I read, I place order and I'll be fine with 3 pips! The only skill needed to do so it to click very fast to close trade while you are up to 5 pips!!!
Now you talked about swing trades that you have... and justify very large Drawdown! => It's what I already told you... You don't swing anymore because you are terrible at it! Swing style requires a lot of skills while your risk reward is 1/2 to 1/x !!!
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