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The Best Robot (By RAYMOND MENSAH )

The user has deleted this system.

The Best Robot Discussion

vontogr (togr)
Sep 25 2016 at 07:09
4862 posts
You have poor money management.
Even though you have scored positive pips your gain is negative
.DE30. 191 18970.0 -432.99

I suggest you keep the trade size consistent and thus make positive gains on positive profits.

RAYMOND MENSAH (Raaymenx)
Sep 25 2016 at 11:38
262 posts
togr posted:
You have poor money management.
Even though you have scored positive pips your gain is negative
.DE30. 191 18970.0 -432.99

I suggest you keep the trade size consistent and thus make positive gains on positive profits.

Not fair to say money management is poor. Making over 500% profit a little over six months is no child's play. Have had more months losing pips and being in profit than gaining pips and being in a loss. I manually increase risk slightly depending on quality of signal. Unfortunately there was an oversight within the week and got it all wrong. Just the week before lost pips but but made profit. This is trading sometimes things dont go as expected.

That not withstanding your suggestion is not entirely a bad one. Have an order am hoping will gradually gain back the loss. Will close on monday if it makes 40-60 points hopefully. Then will revert back to risking 1.5 to 2% per trade.

Thanks very much for your contribution.

RAYMOND MENSAH (Raaymenx)
Sep 26 2016 at 06:21
262 posts
Hi Vontogr@ take a look at my balance. You will see that I sorted out the balance I initially lost and even gained more as proposed in earlier quote. . The signal from Friday was stronger.

vontogr (togr)
Sep 26 2016 at 09:52
4862 posts
If you are making pips and not making profit you have poor money management.
Keeping the constant trade size would make your loosing trades profitable.
What is so hard to understand about it?

RAYMOND MENSAH (Raaymenx)
Sep 26 2016 at 10:11
262 posts
togr posted:
If you are making pips and not making profit you have poor money management.
Keeping the constant trade size would make your loosing trades profitable.
What is so hard to understand about it?

This month I have lost 30290 pips and have a profit about 8% at the time of writing so what do you mean when you say money management is poor? Where are you getting your statistics?

vontogr (togr)
Sep 26 2016 at 12:29
4862 posts
Raaymenx posted:
togr posted:
If you are making pips and not making profit you have poor money management.
Keeping the constant trade size would make your loosing trades profitable.
What is so hard to understand about it?

This month I have lost 30290 pips and have a profit about 8% at the time of writing so what do you mean when you say money management is poor? Where are you getting your statistics?


As I wrote
.DE30. 191 18970.0 -432.99

RAYMOND MENSAH (Raaymenx)
Sep 26 2016 at 13:16
262 posts
togr posted:
Raaymenx posted:
togr posted:
If you are making pips and not making profit you have poor money management.
Keeping the constant trade size would make your loosing trades profitable.
What is so hard to understand about it?

This month I have lost 30290 pips and have a profit about 8% at the time of writing so what do you mean when you say money management is poor? Where are you getting your statistics?


As I wrote
.DE30. 191 18970.0 -432.99

ok thanks!

RAYMOND MENSAH (Raaymenx)
Sep 28 2016 at 07:09
262 posts
At long last I have crossed 600% gain. It took so long in coming but it has come finally. Great week am really excited!!!

RAYMOND MENSAH (Raaymenx)
Sep 28 2016 at 07:38
262 posts
Have had enough for today... Off to work catch you guys later... If i find my strategies consistent enough will be sharing my ideas as to where DAX 30 will be moving each and everytime. Happy Trading!!! Cheers😁

RAYMOND MENSAH (Raaymenx)
Sep 29 2016 at 06:09
262 posts
If am able to reach 700% gain today that will be it for this month.

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