FXLegacy EA (By FxLegacy_)
The user has deleted this system.
FXLegacy EA Discussion
May 05, 2023 at 00:08
361 Views
2 Replies
May 17, 2023 at 17:33
Looking at results today its in deep DD 50% basically all your profit gone in one day and if you leave the loss to run it can blow account eventually... these strategy dont work long term... yes you can make 100% ROI in a month but whats the point if you will give it all back in a day... yes you can hurry lower risk and withdraw when you get huge gains but then all thats proving would be your lucky to gain huge profit at the start and cannot sustain it so to keep the account looking good long term you lower risk... therefore the chances of you getting lucky again or blow the account is the same if you start over trying to replicate those huge gain like casino
Work Hard Play Hard... Signal App(Google Play Store):
May 18, 2023 at 12:28
I purposely have the account over leveraged and in high drawdown to stress test it in all market conditions and see where, if it can, fail, and it haven’t, drawdown is inevitable in all trading, the misconception of keeping drawdown below 5% always is unrealistic, so i welcome drawdown because with a strong strategy/system, it turns into profits.
I welcome you to come back in a years time to check back on the results and see how the account has lasted, and see it’s continued success.
On personal accounts, when risk is obviously controlled and monitored, drawdown does not surpass 10%
I welcome you to come back in a years time to check back on the results and see how the account has lasted, and see it’s continued success.
On personal accounts, when risk is obviously controlled and monitored, drawdown does not surpass 10%
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