Super Mario (de HolyGrailPTY)

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Discussion Super Mario

Nov 04, 2015 at 13:54
Vues 450
4 Replies
Membre depuis Nov 01, 2015   posts 98
Nov 19, 2015 at 21:19
If anyone is interested in joining our pamm, please e-mail me at [email protected] or send me a private message here on myfxbook!
Please note, that as a client, you decide on the money management which you want us to use. The highest order which we have used in this account was that of 6.00 lots (60 eurs per pip) which of course has resulted in around a 20% drawdown, but only due to the small whiplash that a 1m candle has prior to closing. All of the orders of 6.00 lots have resulted in profit, and a profit which clearly surpasses the drawdown. As soon as the position is opened, the drawdown is automatically 8% due to commission and spread.
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1768
Nov 19, 2015 at 22:08
HolyGrailPTY posted:
If anyone is interested in joining our pamm, please e-mail me at [email protected] or send me a private message here on myfxbook!
Please note, that as a client, you decide on the money management which you want us to use. The highest order which we have used in this account was that of 6.00 lots (60 eurs per pip) which of course has resulted in around a 20% drawdown, but only due to the small whiplash that a 1m candle has prior to closing. All of the orders of 6.00 lots have resulted in profit, and a profit which clearly surpasses the drawdown. As soon as the position is opened, the drawdown is automatically 8% due to commission and

spread.



the risk on this one is pretty high brother
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1768
Nov 19, 2015 at 22:09
would you post your pamm link
Membre depuis Nov 01, 2015   posts 98
Nov 19, 2015 at 23:39
rob559 posted:
HolyGrailPTY posted:
If anyone is interested in joining our pamm, please e-mail me at [email protected] or send me a private message here on myfxbook!
Please note, that as a client, you decide on the money management which you want us to use. The highest order which we have used in this account was that of 6.00 lots (60 eurs per pip) which of course has resulted in around a 20% drawdown, but only due to the small whiplash that a 1m candle has prior to closing. All of the orders of 6.00 lots have resulted in profit, and a profit which clearly surpasses the drawdown. As soon as the position is opened, the drawdown is automatically 8% due to commission and

spread.



the risk on this one is pretty high brother


I'd agree, the risk which I am currently using is as extreme as it could be. Which is why, I am offering the client the ability to contract his own risk management, as the trade management (entry and stop loss) is already predetermined. As I mentioned before, if the largest lot size which I am using in a 2800 eur account is 60 eurs per pip, that translate roughly to 2% P/L per pip! A 10 pip sl is ALWAYS used on entries, which is how the 20% drawdown was obtained.
If a client rather have a .01% P/L per pip, then that would be what the money management would be structured around. Unlike other managers, I don't focus on how much of the account is at risk (in the sense at to the margin being used) instead, I focus on the amount of p/l per pip in % is being used. So if you have a 2800 eur account and a client never wants an order to be more then .01% p/l per pip then a lot size of no larger then .02 lots won't be used.
Membre depuis Nov 01, 2015   posts 98
Nov 19, 2015 at 23:42 (édité Nov 19, 2015 at 23:48)
rob559 posted:
would you post your pamm link


My pleasure, Please look at the e-mail which my broker sent me in regards to the Pamm setup.






So all you would have to do is open an account with tradersway, fill out the form.

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