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high return (By Fx Scalper )

The user has deleted this system.

high return Discussion

Mathild84
Jul 31 2019 at 07:00
35 posts
Ritho posted:
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


Ritho you're right, I have been misguided by the myfxbook statistics showing that, but I've seen update is stopped at 29 July. Why he stopped the update ?? Damn !!😲

Mathild84
Jul 31 2019 at 07:04
35 posts
fxsc1lper posted:
wrbking posted:
is it OK to use 0.01 lot with 1000$ when copy your trade?




yes if your broker doesnt have any stop out limit rule that it is fine


That is the problem in my opinion, Why he says ok 0.01 with 1000 Usd ? In that case an investor lose ALL the capital ! Master account has around 4.000 Usd so a much higher value !!

Mathild84
Jul 31 2019 at 07:10
35 posts
Ritho posted:
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?


Yes , master account will survive, because it does not have 1000 USD but around 4.000, BIG, BIG difference ! Leverage is 1000 and not 500. As I said the problem is that in order to have more people in paying subscriptions he said that 1000 usd is ok, the result is that his master account will survive, but a lot of people will blew the account and lose capital and subscriptions cost too.

Professional4X
Jul 31 2019 at 07:31
1189 posts
*cough*
See page 20 of this discussion.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Ritho
Jul 31 2019 at 07:58
23 posts
Mathild84, such a trading method cannot really work in the long run as the account will blow up sooner than later. The trader currently cant allow his myfxbook to update because it will show losses over $1000, which had even crossed $2000 till my account got wiped. The strategy is to wait till GBP gets better, but what if it doesnt? It means that the account will be downsized to zero because of the almost 100 buy GBPUSD open trades!
Anyway, I had never blown an account before and had built this one to 2900 from 1000. I guess I got lured with the consistent returns without checking the style well so I am to blame. Though is feels awful to have paid $100 to have my account that I built for a long time destroyed within 12 hours

profix
Jul 31 2019 at 08:53
131 posts
such a disaster was only a question of time! Learn to trade manually and avoid grid and martingale at all cost! The trend is your friend, not somebody who lures you in a subscription....😎

Mathild84
Jul 31 2019 at 09:49
35 posts
RobinhoodLane posted:
@ffee Thanks. Of course I can't open 200 trades at the same time to recover losses. That's not the strategy. That would be Martingale which this strategy is not about. The strategy works on Supply and Demand Zones. After I get a confirmation on these zones, I place a good amount of positions but I have never exceeded 20 trades in one go. When I loose I just chill and wait for the next formation. No emotions whatsoever. And most importantly, preserve the capital to trade another day.


Guys what is this answer on Page 12 ? To me it seems that Fx Scalper has the same identity of RobinhoodLane 😀 quite suspicion.
Any idea or clarifications ? Damn !😇

Ritho
Jul 31 2019 at 12:06
23 posts
The open buy GBPUSD trades are currently 138😲

Mathild84
Jul 31 2019 at 15:01
35 posts
Cable is on a big recovery now, if US cut the rate maybe will go up more..... master account could recover losses and maybe close with a nice gain 😲 😝

Fx Scalper (fxsc1lper)
Jul 31 2019 at 18:15
348 posts
worse time since 9 months.... in 9 months i entered in 400 grid trades , didnt close a single grid trade in loss and......................... among 48 weeks ..i didnt close a single week in loss ...

just one wrong trade and made losses .dont worry guyz this loss can be covered in in 2-3 weeks :) be patience and be a team .. hard time has passed :) now can easily cover this loss. average profit per month is 500 $ . and loss is -500 % .. that means among 9 months just one month we loss and 8 months made profit ... i think this is good risk reward ratio +8 -1 = +7

skype id millennium.analyst
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