NCM Conservative (By icmfund)

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NCM Conservative Discussion

Jun 14, 2018 at 11:26
24,937 Views
374 Replies
Member Since Jun 26, 2018   20 posts
Nov 02, 2020 at 03:44
For your information...

Today made a first withdrawal via Paypal. Request made on 2/11/2020 at 03:03:36 and payment received on 02/11/2020 at 14:25:46.
Mobilis in Mobile
Member Since Aug 27, 2016   41 posts
Nov 02, 2020 at 10:18
do you have mql5 signals?
Trade to live another day
Member Since Oct 22, 2012   48 posts
Nov 09, 2020 at 03:19
@icmfund,
Active again this week, or waiting a little longer..?
..the alien does not concern itself with the opinions of humans..
Member Since Apr 07, 2016   80 posts
Nov 09, 2020 at 11:32
@drayzen Yes, we'll resume trading tonight.
No pain no gain
Member Since Sep 02, 2019   11 posts
Nov 09, 2020 at 22:17
@icmfund How long until effected accounts in AUD are trading on normal risk again?
Member Since Apr 07, 2016   80 posts
Nov 10, 2020 at 07:14
@peretz We decided to trade at a lower risk level so we opened a smaller position. Usually, we open 0.05 lots on the master account but yesterday we used 0.03 lots instead.
No pain no gain
Member Since Oct 03, 2016   28 posts
Nov 10, 2020 at 08:18
Was a good decision, there is a big loser on the way now :(
Member Since Oct 02, 2018   2 posts
Nov 10, 2020 at 11:23
I hope you know what you're doing.. Last 3 months profit just vanished in drawdown as of this posting...
Beat the forex brokers to their own game
Member Since Oct 03, 2016   28 posts
Nov 10, 2020 at 11:41
After 3 positions countertrend it stopped buying. That means that it has to make up to the buying price of the middle position and 1-2 pips more than that for break even. With the current move there is a pullback outstanding also it’s heavily overbought now. Just the question if the pullback will be big enough to take out the position. If not we will have a huge loser
Member Since Jul 01, 2016   10 posts
Nov 10, 2020 at 11:42
@peacekeeper86 They have right now 7% drawdown. October was 4.49%, Sept 6.41% and Aug 6.59%.
Member Since Oct 03, 2016   28 posts
Nov 10, 2020 at 16:10
saved :)
Member Since Oct 22, 2012   48 posts
Nov 10, 2020 at 16:18
@icmfund,
Good work closing out of that bad situation, it's always a rough call to make.
There's a reasonable permeability for GBP to push a lot higher so glad to see the way you traded that then got out.
Live to fight another day.. 😉
..the alien does not concern itself with the opinions of humans..
Member Since Jan 14, 2019   35 posts
Nov 10, 2020 at 17:27
Whats the next step if the three times maringail step not work? 0,3 +0,3 +0,3 +0,9 +? lg loui
Member Since Sep 02, 2019   11 posts
Nov 10, 2020 at 22:50
peacekeeper86 posted:
I hope you know what you're doing.. Last 3 months profit just vanished in drawdown as of this posting...

You watch it too closely. Everything is fine now, this is how the system is meant to work.
Member Since Sep 02, 2019   11 posts
Nov 10, 2020 at 22:51
gabramov posted:
@peacekeeper86 They have right now 7% drawdown. October was 4.49%, Sept 6.41% and Aug 6.59%.

My numbers are lower than that (from myfxbook), where are you getting those numbers from?
Member Since Oct 03, 2016   28 posts
Nov 11, 2020 at 06:11
loui64 posted:
Whats the next step if the three times maringail step not work? 0,3 +0,3 +0,3 +0,9 +? lg loui

Wondering too. There is not much room after that I think if price turns another time against it.
Member Since Jan 14, 2019   35 posts
Nov 11, 2020 at 08:19
icmfund posted:
@peretz We decided to trade at a lower risk level so we opened a smaller position. Usually, we open 0.05 lots on the master account but yesterday we used 0.03 lots instead.

Hello NCM team, have question please: we had yesterday 0,03+0,03+0,03 +0,09 wahts the next step wehn 0,09 step not work? is it 0,027 or stoploss?
 sorry for my bad english loui
Member Since Apr 07, 2016   80 posts
Nov 11, 2020 at 12:35
The next step is 0.18. It is very carefully entered manually. The last position was also a manual when we saw a possible pullback.
But please, I like to ask everyone interested that please read the FAQ section. There is a strategy subpage where you can read about it. Adding increased positions comes with a danger, but we have many years of observation about possible movement in this pair, so we do it accordingly.
Also, this is the reason we allow custom drawdown limits. Not everyone is comfortable with this possible risk, so that everyone can set it manually.
No pain no gain
Member Since Jan 14, 2019   35 posts
Nov 11, 2020 at 16:43
O k thanks, 2. question, setting masteraccount is 100 and 30 correct?
loui
Member Since Oct 03, 2016   28 posts
Nov 11, 2020 at 17:05
Good managing of it yesterday! Happy to be one of your clients.
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