First (by Orenn) Quick Stats
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First Discussion
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Orenn

Member Since Nov 23, 2015  7 posts Orenn Jun 06 2017 at 11:23
From 2015.09.01, up to now, trading result 100% eek

From 2015.09.01, up to now, trading result 100%
Professional4X

Member Since Jan 05, 2016  793 posts Professional4X Jun 06 2017 at 21:34
This is absolutely absurd.

You have an over 90% draw down against your account (90.41% to be exact) but you only have a 2.62% monthly gain.

That's absolutely horrible. You are using ZERO money management on your account.

The ONLY reason you didn't get completely blown out is because you got lucky.
This is ABSOLUTELY NOT a good method of trading.



If it looks too good to be true, it's probably a scam! Let the buyer beware.
Forex_Villa

Member Since Feb 03, 2017  29 posts Capital Hedging (Forex_Villa) Jun 07 2017 at 06:33
You improved a hell lot.

Gratz

Don't panic over drawdown, instead manage it !!
Orenn

Member Since Nov 23, 2015  7 posts Orenn Jun 07 2017 at 11:46
My experience
Attachments:

From 2015.09.01, up to now, trading result 100%
Orenn

Member Since Nov 23, 2015  7 posts Orenn Jun 07 2017 at 12:45
smiley

From 2015.09.01, up to now, trading result 100%
Professional4X

Member Since Jan 05, 2016  793 posts Professional4X Jun 07 2017 at 20:35
I stand by my original statement.
You have an draw down rate of greater than 90%.
That alone shows you have NO MONEY MANAGEMENT rules.
Then there is the fact that your account has lost -$1076.64

THE ONLY reason you haven't completely blown the account out is because you kept depositing more money in it, with the hope that your gambling method of trading would pay off for you.



And while I will agree that you've done a little better in very recent times, however it doesn't make up for the fact that you being careless with your account.

A 90% draw down is absurd.

This is ABSOLUTELY NOT a good method of trading.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  793 posts Professional4X Jun 07 2017 at 20:38
If you would like some help with your account recovery, open your 'open trades' up so they aren't hidden and let us evaluate what you are doing, so we can see how to best help improve your trading.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  793 posts Professional4X Jun 07 2017 at 20:40


Open those so we can see what is happening, and let's see what we can do to improve your trading on the account.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  793 posts Professional4X Jun 07 2017 at 20:46
Could you also please explain your trading strategy?

There is obviously room for improvement, so let's see what we can do to help improve your entry points.
We'll work on your TP and SL levels once we have determined how to improve your entries.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
Orenn

Member Since Nov 23, 2015  7 posts Orenn Jun 08 2017 at 10:30
There are nothing to show smiley
Attachments:

From 2015.09.01, up to now, trading result 100%
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Producer Price Index (YoY) (47 min)
Gold trades with modest losses, around $...(4 min ago)
EURUSD 1.13912 GBPUSD 1.29531
USDJPY 109.398 USDCAD 1.32704

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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.