michaelkim posted: R:R is too bad. One stop loss eat up 7 or 8 profits trade. You know the breakout system is not working all the time and specially with bad R:R
anyway it's good business for you. you open an account with $50.00 and show about 4 or 5 weeks good histories and charge $70.00 or $80.00 a month fees for copying your trade. Even you loss all, it's $50.00.
I wish you make consistent profits on coming days and weeks and months. Good Luck.
@michaelkim Thanks Mr. Young. Just having some bad days. Shall be over soon. in my profile you can see my PAMM account it have $500 Balance.
pipmenow posted: I agree the R:R is not very good as seen with the most recent results. With such a short history we don't know if the positive results from December and early January were just lucky or produced by skillful trader. At this point it is questionable.
The $50 starting balance of the account seems low and is a small risk for the vendor with the results not able to even pay for the monthly subscription.
I am hoping for the best and for the profits to reappear. I think we will know in the coming days.
@pipmenow I hope you won't have to wait longer to see the green account again.
earlyxmasea posted: @togr Well Every body can have some bad trading days. Nothing to be ashamed or proud of. how ever I am amazed that how define martingale. None of positions were taken at same time of closed at same time. these are individual trades. I don't know mate you are angry or what. may be you are just having a bad day. please don't make false accusations. constructive criticism is welcome.
@earlyxmasea I did provide objective facts, you should find out what martingale mean though
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.