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

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marco_mmbiz Discussion
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marco_mmbiz

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
marco_mmbiz

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
marco_mmbiz

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: https://www.madmedia.biz/invest

Happy Trading (and weekend soon)! cool

patience is the key
marco_mmbiz

Member Since Jul 20, 2019  49 posts marco_mmbiz Dec 01 at 09:36
I wish you all a great 1st Advent!
https://www.myfxbook.com/files/marco_mmbiz/6BF3F6D4795640C58957CEABF937BC64.jpeg
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patience is the key
marco_mmbiz

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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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.