Chronicity (By ali66sh)
| Gain : | -92.5% |
| Drawdown | 99.88% |
| Pips: | -223833.0 |
| Trades | 2908 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Manual |
Chronicity Discussion
Aug 12, 2018 at 09:55
L3CAP posted:you might be speaking too soon, your boy about to blow the account.
@OutsideTheBoxHK @N3mo The account although has been through some rough patches appears to be doing be ok? Alireza has done a nice job over the years turning $800 to $15k!
phi.wkumarketing@
Member Since Apr 06, 2018
254 posts
Aug 21, 2018 at 13:21
High risk grid trading this was bound to happen but this is irresponsible behavior because when you are providing signal service then you should take care of drawdown also.
The market will trade through it’s path of least resistance .
Member Since Jan 25, 2010
1360 posts
Aug 22, 2018 at 06:00
Choose your pairs wisely: XAUUSD is a very poor choice for gridding. It was certain to happen.
Member Since Sep 05, 2017
3 posts
Sep 06, 2018 at 06:39
L3CAP posted:I think you didn't took a look at the crazy lot size, this is pure revenge trading
getting back in the game!!!! Loving the recovery!!!
Sep 06, 2018 at 07:28
elenafrance77 posted:yeah he is certainly taking high risk revenge trades to make his gains back, but at the DD he has reached, it would take him a long time to make the losses back in his normal trading manner, at least he is still above HWM having wihdrawn over 6 times his initial investment!L3CAP posted:I think you didn't took a look at the crazy lot size, this is pure revenge trading
getting back in the game!!!! Loving the recovery!!!
I admire Alireza and hope he gets back to new equity highs!
ourmyfxbook@
Member Since Sep 05, 2017
3 posts
Sep 06, 2018 at 10:30
L3CAP posted:You can admire him as you desire but, nevertheless, this strategy is not sustainable, as all grids/martiselenafrance77 posted:yeah he is certainly taking high risk revenge trades to make his gains back, but at the DD he has reached, it would take him a long time to make the losses back in his normal trading manner, at least he is still above HWM having wihdrawn over 6 times his initial investment!L3CAP posted:I think you didn't took a look at the crazy lot size, this is pure revenge trading
getting back in the game!!!! Loving the recovery!!!
I admire Alireza and hope he gets back to new equity highs!
Sep 06, 2018 at 14:17
elenafrance77 posted:L3CAP posted:You can admire him as you desire but, nevertheless, this strategy is not sustainable, as all grids/martiselenafrance77 posted:yeah he is certainly taking high risk revenge trades to make his gains back, but at the DD he has reached, it would take him a long time to make the losses back in his normal trading manner, at least he is still above HWM having wihdrawn over 6 times his initial investment!L3CAP posted:I think you didn't took a look at the crazy lot size, this is pure revenge trading
getting back in the game!!!! Loving the recovery!!!
I admire Alireza and hope he gets back to new equity highs!
I agree with you that this may not be a sustainable strategy, but from the moment that a return on investment has been achieved and withdrawn, job is done. Had the funds been left in without any withdrawals then lost, then yes that would be a great shame.
Part of good money management and trading is withdrawing a few gains along the way!
ourmyfxbook@
Member Since Jan 14, 2018
164 posts
Aug 06, 2019 at 01:19
Why are you guys even paying any attention to an account that has 99% draw down, what a waste of time. Sorry to say but there is no recovery here, this is clearly a blown account.
You go from $864 and make almost 800% over 3 years, and then blow it in a few weeks, this is gambling and not trading. A monkey can through darts at a Buy/Sell board and be more successful than this guy.
You go from $864 and make almost 800% over 3 years, and then blow it in a few weeks, this is gambling and not trading. A monkey can through darts at a Buy/Sell board and be more successful than this guy.
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