Kojiro (By cytmike)

The user has deleted this system.

Kojiro Discussion

Aug 28, 2010 at 14:58
2,189 Views
26 Replies
Member Since Aug 01, 2010   6 posts
Oct 13, 2010 at 00:36

gunnarr posted:
    He traded my account the last ten days. Last week I made 30 % ( from 3000 € to 3900€).
Yesterday he went long with 5 positions, account down to 1650 €.

So please take care!!!!
wow

these results in myfxbook are fake?
Member Since Feb 18, 2010   11 posts
Oct 13, 2010 at 06:23
The results are no fake, but as you see he didn`t update his system yesterday.
On my account he bought several positions at 1.3940 and sold it at 1.3806. No problem with one trade, but I had five.
One more these trading actions and your account is blowing in the wind.
I have left him yesterday.
Kiss my nose!
Member Since Nov 05, 2009   76 posts
Oct 13, 2010 at 07:26
You can see from graph that hes equity has been in -30-40% minus in some days.
That should have made you suspicous in the first place. DD shown in stats is totally off. The real DD is minimum 30% with hes strategy.
Very risky indeed.
Member Since Jan 26, 2010   44 posts
Oct 14, 2010 at 00:20

Supranium posted:
    'You can see from graph that hes equity has been in -30-40% minus in some days.'
That should have made you suspicous in the first place. DD shown in stats is totally off. The real DD is minimum 30% with hes strategy.
Very risky indeed.

Hey Supranium,

Could you explain to me how it is possible to see max DD? As you say, you are able to notice from the graph that the real DD was 30%. Is it the equity line, or do manually go through the trades.
Cheers
Member Since Jan 26, 2010   44 posts
Oct 14, 2010 at 00:23
Hey Supranium,

I think I understand. If you place cursor over the yellow line, you can see the % DD intrday. Is that correct? Does it reflect the real DD that happened intraday with open position?
Member Since Feb 18, 2010   11 posts
Oct 14, 2010 at 18:00
He has deleted his system. Hope, I was the only one who has left money.
Kiss my nose!
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Oct 15, 2010 at 18:23 (edited Oct 15, 2010 at 18:23)
gunnarr posted:
    He has deleted his system. Hope, I was the only one who has left money.

Gunnarr,

You're the only one reporting the nasty DD and margin call. Unfortunately, you are not alone. There are several other clients who faced this ordeal. Since, you have reported back and shared your experience, others probably feel that the issue has already been uncovered. High Risk/High Return trading should always be addressed with a protective Stoploss, Not a margin call. 😲

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