I have been following your trading account and it seems you were doing very well on daily scalping. Its appears that the reason the big drawdown is a result from holding positions. Wouldn't you be able to avoid this kind of losses if you just focus on daily scalping instead and not hold positions overnight ? I would love to keep see u do well and I am looking to put in some fund for you to manage as well.
Scalping is a native way for me WHEN IM IN FRONT OF SCREENS. Im a scalper at origins, and love to scalp ranging markets or even to pick tops and bottoms. My strategy consist - when im dealing with clients wanting huge returns - in daytrading, swing trading plus scalping. Scalping itself it's a good way to trade, but not without the other 2 components.
Regarding your comment to avoid DD or losses... Losing it's part of the 'game'!
What i mean is, my clients know what is the plan from before and they agree with any decision i made during trading, as much as i'm inside our agreement. So, from my point of view, to risk 30% of your account to atempt to reach 300-600% in 6-9 months its a good deal. So my clients would be happy to see those profits achieved, but they also have to bear with me until i will prevail from losses. Because one SL reached in account, will only give the opportunity to another attempt to not only recover from losses, but also to go in profit further away.
best wishes, Dan
ps: For all other investment wishes such as low DD, steady income like 40-50% per annum, thats another story, i have the tools for that too :) But life is too short to be wasted on 'sure but small things' :)
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