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high return (By Fx Scalper )

The user has deleted this system.

high return Discussion

Freewings
Jul 30 2019 at 11:45
28 posts
Ritho, if you're still here and hope you don't mind me asking
did you use Lot size 0.01/$2000 ?

Ritho
Jul 30 2019 at 11:52
23 posts
Yes I did. Over 90 gbpusd buy trades were opened as the market continued going bearish. Well, the market went down almost 200pips as the gbpusd has been on a downtrend more than 3 months. No chance of survival there.

Freewings
Jul 30 2019 at 12:14
28 posts
Ritho,
I, too, had about 22 trades closed by the broker so far and it looks scary!
Again, hope you'll recover your losses very soon, take care.

Mathild84
Jul 30 2019 at 18:24
35 posts
Ritho posted:
I've been margin called then my account has been blown to 0 all the way from $2900! I had never blown an account all these years and the first time I subscribe to a signal it happens the same day! Almost 100 gbpusd buy trades at a go caused this. Anyway, lesson Learnt.

Are you jocking ? You really lost so much ? How can be possible ? Nowadays master account has just 5% of equity drawdown.
Is that because you have a low leverage ??

Mathild84
Jul 30 2019 at 18:30
35 posts
😁
Freewings posted:
Ritho, very sad to hear that.
I don't understand why the GBPUSD was chosen to trade? Every body knows the Pound is very unstable.

Hope you'll make up your loss soon.


Because strategy works on oversold and overbought and dont care to much on fundamentals. The hope is that cable come back to the upside, enough margin to open other 300 / 500 buy positions 😄 Go up cable... go up !! come on baby 😇 ahrg !!

Freewings
Jul 30 2019 at 18:49
28 posts
Mathild84, you're absolutely correct. Averaging, which is this strategy, works very well close to borders.
Still, some one some how lost their account and maybe like you said cause of low leverage. In either case it is not funny!

Ritho
Jul 31 2019 at 01:38
23 posts
Mathild84 The leverage was 1:500.
The account was new, specifically to match the signal provider requirements. If the cable drops another 200 pips, do you think anyone here will have a surviving account?

Ritho
Jul 31 2019 at 01:49
23 posts
Mathild84, also, you cannot claim 5% equity drawdown yet from signalstart you can see at times even the master account went down to more than 40% of equity

https://www.signalstart.com//analysis/high-return/48885

Davidgoliath
Jul 31 2019 at 02:04
30 posts
My advice is, stop trading any pairs of GBP .
To do this , in SignalStart app, you guys can open settings tab,
Then check all those GBPCHF, GBPUSD...to not allow any order with these pairs happen...
And wait until Brexit is done. Good luck all!

Plutto (wrbking)
Jul 31 2019 at 06:08
29 posts
Hi, guy, though now situation is very tough, I wish you all make money back in the future.

Tips for you guys, when you choose some trader to copy, choose the one who operates large amount of money. like 50K or even 600k like frero does. That may avoid some risk.

Anyway, markets is always risky. Hope high return get better soon

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