To use chat, please login.
Back to contacts

FX Management (By jpslayer )

The user has deleted this system.

FX Management Discussion

jpslayer
Nov 09 2013 at 10:26
27 posts
Hello Traders,

I would like to have your opinion on this trading account.

Your critics are welcomed.

Cheers.

Thalantas
Nov 09 2013 at 11:59
192 posts
Drawdown are uncontrollable. This system takes too much risk on each trade or it has a martingale built inside.

I would step away from this ticking bomb.

A smooth sea never made a skillful sailor.
Forex Farmer (bfe00325)
Nov 09 2013 at 17:45
49 posts
and you should verify your account also, so we can confirm that is a real live account... thanks

jpslayer
Nov 09 2013 at 19:41
27 posts
It's true that I got hit hard when EURUSD hit 1.3800 levels, where my drawdown kept on increasing, but I do not use Martingale system in my trading.

However, thank you for your opinion on this system. All comments will be helpful for this account. Thanks.

jpslayer
Nov 09 2013 at 20:19
27 posts
Unfortunately I trade with ILQ Australia Pty Ltd, and unfortunately they do not provide ''investor password''. And to verify my account I believe we should have an investors password right ? If there is any other mean to verify my account, please help. And do not hesitate also to comment and put critics, if any.

This will help me being consistent and improve my strategy. Thanks.

Thalantas
Nov 09 2013 at 21:45
192 posts
Are you sure about investor password?

Any MT4 instance has an investor password. I believe what you meant is that they didn't provide it to you yet, in this case it is easy. You can check your mailbox within your MT4 instance and if there is nothing then I would recommend to go in option and chose to edit your password, then put your trader password and put the investor password of your choice (why not put straight away the one myfxbook suggest to verify your account).

Cheers,

A smooth sea never made a skillful sailor.
Forex Farmer (bfe00325)
Nov 09 2013 at 23:55
49 posts
Absolutely correct... you can create an investor password on your MT4 platform... it's easy!

jpslayer
Nov 10 2013 at 12:21
27 posts
Perfect .. Thanks to you all .. I was able to get the investor password .. and it should be verified on opening of the markets.

Please login to comment .