cadmaker, your trading logic really amazes me. Turning the SL off and adding to losing trades = inevitable margin call. This ain't trading, what you're doing is gambling. Sometimes market turnover comes a bit late, after you've lost your account.... or somebody else's account in the worse case. You're currently 1k under your initial capital, equity is ~33%, wake up!
no, seriously guys, course I understand your position and your comments too. I'd try to trade according to the rules generally known for a long time, but for the forex is the strange thing is that there are situations when these rules are useless. so now I try to trade against all the rules and truly alone I wonder where this leads. Badly open position I hedge with awaiting orders on the opposite direction, and move together with the direction approx. 20 to 30 pips, depending on the volatility and the pair...
'I hope this is your own creation and Not something purchased. If purchased, hit reset! If not, then no logic needed.. Your only down 13% in Equity after a few months. Better than Most Traders.'' Like I said, if you created it then thumbs up. I know what you mean about your last response! Not a hater nor an advisor. 😉
No, I did not buy the system but he programmed himself about three months. still under development. MT4 test in the tester can not, because I can not run in it more pairs at once. So I opened the live acc and playing (or gambling) on him. 😄. It is clear my system is not perfect, but still I teach him what he and most importantly when to do it. when it will be according to my ideas, definitely will give everybody know. yeah and that last comment was not for you ... will schaarrand 😈 Thanks for your support 😉
cadmaker posted: 'Some things you do not understand, just accept it.' 😄 It is my money and I decided to throw it out the window, does it bother you? 😇
lol this is a new one I hope this works out for you so far it looks like your not doing to bad as long as its your cash do what you want am working on geting a account up and trading it like it was others cash lol that will be fun ha ha it may be a loan to be payed back or others cash but some of my cash will be there too 😎 on my next acccount how did you found out about the forex ?
fomacc, let us just track this 'system', he (or is it she?) is experimenting with the system so let it be.. if this system can last 2-3 years and the equity keep growing and the equity raises to say 80% then we know there is order in chaos after all..
This guy is not hiding anything as far as I can tell, all the stats are open.., so why not just watch it?
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.