Josh's Trade Copier (By FxAce_Sue)
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Josh's Trade Copier Discussion
Jun 12, 2017 at 21:14
309 Views
1 Replies
Dec 01, 2017 at 12:37
Trying to understand the logic of today's latest drawdown activity. Although very similar to other drawdowns on this account. It seems that the decision to take the drawdown always occurs right at the point where the market is turning in favor of several negative positions. Thus, the opportunity recredit the negative position exists in addition to place an additional trade going instantly profitable. Also, the equity on this account has shown at least 65% of the drawdown taken to be completely unnecessary.
On the other hand & with an understanding this account is more of a marketing tool than an aggressive & actively managed trading vehicle. Then it would make sense to take a drawdown as drawdown's we are taught are an acceptable part of Trading. Feeling better now more than ever having put my participation in the account far enough behind to see the difference!
On the other hand & with an understanding this account is more of a marketing tool than an aggressive & actively managed trading vehicle. Then it would make sense to take a drawdown as drawdown's we are taught are an acceptable part of Trading. Feeling better now more than ever having put my participation in the account far enough behind to see the difference!
abramsrla@
Dec 03, 2017 at 07:51
Drawdown Commentary:
Well, Here we are less than 24 hours after my last comment & guess what:
AuUd 11/30 drawdown ` $75: 100% recovery & profitable as of 12/01 deadzone entry
EuAu 11/30 drawdown ~ $801: 35% recovery as of 12/01 deadzone entry
EuCd 11/30 drawdown ~ $861: 75% recovery with some profit as of 12/01 deadzone entry
EuNz 11/30 drawdown ~ $1051: 40% recovery with much more anticipated as of 12/01 deadzone entry
EuJy 11/30 drawdown ~ $158: 100% recovery with profit building as of 12/01 deadzone entry
Now I do not by any stretch claim to be an expert but anyone invested in this market need only glance in a charts direction to verify exactly what I've stated... & Yes, I do talk in dollars because dollars are equal & that's why we're here isn't it. Pip's are not equal are they...
Well, Here we are less than 24 hours after my last comment & guess what:
AuUd 11/30 drawdown ` $75: 100% recovery & profitable as of 12/01 deadzone entry
EuAu 11/30 drawdown ~ $801: 35% recovery as of 12/01 deadzone entry
EuCd 11/30 drawdown ~ $861: 75% recovery with some profit as of 12/01 deadzone entry
EuNz 11/30 drawdown ~ $1051: 40% recovery with much more anticipated as of 12/01 deadzone entry
EuJy 11/30 drawdown ~ $158: 100% recovery with profit building as of 12/01 deadzone entry
Now I do not by any stretch claim to be an expert but anyone invested in this market need only glance in a charts direction to verify exactly what I've stated... & Yes, I do talk in dollars because dollars are equal & that's why we're here isn't it. Pip's are not equal are they...
abramsrla@
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