To use chat, please login.
Back to contacts

hejhej17 (By hejhej17 )

The user has deleted this system.

hejhej17 Discussion

Ethan (Staff)
Aug 06 2009 at 07:02
1392 posts
Elkart posted:
    Not sure about this risk/reward thing, cause yours is hectic negative. Wonder how they calculate them.


We're currently looking into this issue. From a brief look on the account, the risk ratios indeed should be positive.
We'll update you on any changes.

Ethan (Staff)
Aug 06 2009 at 07:47
1392 posts
Ok, problem found and solved.

Elkart
Elkart
Aug 06 2009 at 10:16
941 posts
EZcurrency
Aug 06 2009 at 21:32
13 posts
hejhej17:

IMO you are trading way too big! Looking at your current positions you are in a -1700 drawdown (more than profits to date). I'd recommend greatly reducing position sizes ... and use hard stops. It is highly probable that you will blow out your act trading like this. I've traded heavy like this and blown out many acts.

The 4 hr system you are using is a great system (I use it myself when I trade manually) ... but I start small and add to positions as it goes my way, and use hard stops. You can maintain a small risk, and as the trade moves your way, add to positions, put stops at b/e ... and then trail the stop. You can maintain a small risk while adding to trades that way ... when you have all stops at b/e, its a risk free trade!

EZcurrency

"Semper Gumby" ... Always Flexible
bizWiz
Aug 09 2009 at 11:20
397 posts
hejhej17, I had your trading system in my watch list, and suddenly it went private - I guess you got a margin call?

That's not a good way to find clients, and it just proves you're not ready to manage OPM.

Good thing it's now recorded here in myfxbook for future reference.

Care to explain yourself?

Sleep is for the weak.
Elkart
Elkart
Aug 09 2009 at 11:53
941 posts
Na man,

Happens to all of us, we think we're ready, then Wham!

But at least it was easy to identify the problem, as EZ pointed out the day before. It's not that the system failed. Just the trade sizes were to big, so it couldn't do a rough patch...

Elkart
Elkart
Aug 09 2009 at 11:53
941 posts
i think hejhej be a bit wiser for it after this week-end. Lucky wasn't a lot of money.

alex1985555
Jun 03 2012 at 16:59
47 posts
I guess that the trader stops trading!!!

Attachments:


Please login to comment .