My Forex Note (By myforexrecord)

Gain : +430.66%
Drawdown 41.61%
Pips: 2708.2
Trades 556
Won:
Lost:
Type: Real
Leverage: 1:1000
Trading: Manual

My Forex Note Discussion

Apr 09, 2020 at 15:14
446 Views
3 Replies
Member Since Mar 22, 2020   3 posts
Apr 10, 2020 at 05:46
Grid and martingale system accused by major traders as fail systems that burn out many trader's accounts.
Well, i'm not fully agree with them. For me, these systems just like other systems will depend on the traders who using it. All trading system just like a powerful weapon or sharp knife that can be use as usefull tools or deadly tools that can harm the users. For example, if you handed sharp knife to a kid ofcourse it can be dangerous right? But when a sharp knife handed to a skillful chef, that cheff will use that sharp knife to create many delicious and beautiful creation of foods.
So, my conclusion is not the sytems that should be blame of, it's better to be honest that to use it we must know how and when to use it to bring such benefit call profit.
I'm not master for this system, i just like to start my journal to know better how and when to use it for make profit. Hopefully i will not end with burn out account.
Member Since Jan 01, 2015   258 posts
Apr 11, 2020 at 15:21
The best practice using any grid or martingale system is: regular withdrawals. I'll advise you to withdraw regularly - either weekly or bi weekly or maximum monthly.
If you do not mind, can you share your grind system with me along with set file you are using and money management you are doing with your account?
Succeed in Forex trading
Member Since Mar 22, 2020   3 posts
Apr 14, 2020 at 11:34
I can not share you grid trading set of file because my trading pure manual😄
Member Since Mar 22, 2020   3 posts
Apr 20, 2020 at 15:09
Past weeks came with good result so far, thanks to God. I hope i can continue keep making profit using this strategies😄
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