marco_mmbiz (by marco_mmbiz) Quick Stats
Gain: +660.27%
Drawdown: 80.78%
Pips: 1217883.2
Trades: 3603
Type: Real
Leverage: 1:500
Trading: Manual

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marco_mmbiz Discussion
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Member Since Jul 20, 2019  49 posts marco_mmbiz Oct 03 at 18:24
@GeorgeDow posted:
It seems you are doing good results, but the drawdown resembles my failure.
Unfortunately, with this drawdown, you can immediately lose everything.

Regards, George

I can‘t. I‘m not using high lot sizes here (currently between 0.01 and 0.05lot).
My current drawdown is also 'only' around 19.7% right now. With my longterm strategy I can handle a drawdown of up to 65% without any high risk. Need an example? During the last flash-crash in January my drawdown was around 70% and it went down to 90% for a second; it was the exact same account. Now, after more than 12 months, when I started this account, it is still running. I know where the risks are and I know how to never risk 100%. I think I have a completely different mindset compared to most of the traders out there. Even high level professionals didn‘t understand my strategy. I built that one on my very own and it doesn‘t really fit to anyone. It’s like I‘m trading 24/7, while still sleeping 5-8h per day. That‘s why I don‘t let people follow or copy my trades, because it‘s not an automated EA or something, and people would need the exact same account and/or mindset.
But feel free to watch and, maybe, learn. I‘m not forcing anyone to invest into that depot if he/she thinks i‘s 'not good enough'. cool

patience is the key

Member Since Jul 20, 2019  49 posts marco_mmbiz Oct 14 at 16:41
The system is not updating since Friday morning. eek Already contacted the support. Didn't change anything here. On Friday I made more than 160€, today more than 20€ already.

patience is the key

Member Since Jul 20, 2019  49 posts marco_mmbiz Oct 18 at 07:20
Okay, all systems are updating again; thanks to MyFXbook. grin

Another update/info from my side:
- current number of investors: 8 (incl. me), current number of investments: 14 (incl. mine)
- current drawdown: around 15.7%
- no EA, no signals, no PAMM/RAMM/MAM, no copy, all manual trading (only by me, not on your side; watch and learn)
- minimum investment: 1.000€, maximum investment: 5.000€, minimum investment time: 12 months
- more info:

Happy Trading (and weekend soon)! cool

patience is the key

Member Since Jul 20, 2019  49 posts marco_mmbiz Dec 01 at 09:36
I wish you all a great 1st Advent!

patience is the key

Member Since Jul 20, 2019  49 posts marco_mmbiz Dec 03 at 07:56
System's not updating since 30th of November. Contacted the Myfxbook support today to solve this problem again. confused

patience is the key
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