I opened my account in october 2011 with 330 euros, In this account the minimal lot size is 0.1, I have been in a study and improvement process of my trading system for a year (In that moment the DD was not significant). In November 2012 I decided to invest all my capital and to apply my definitive system. I prefer to prove my systems in a real account with a small capital. Thanks.
Some of us cant use the MyFXbook option (specifically I am from the United States and we are banned from having an FXCM UK account). It would be in your best interest to have other options! Take a look at SimpleTrader.net.
hello sir, your trading method looks very disciplined and very good. I'm going to follow your account here.
just curious, most other signal providers usually become inactive after several months. if that case happens or if you choose to move on (like opening a PAMM account somewhere) please let me know. I want to build long term business relationship with you :D
Thank you for your interest, rsg10z. In my opinion the discipline and the psychology are the most important qualities in any trading method. All the systems have bad moments, the difficult thing is to be able to overcome and continue forward.
I will report in advance If I take the decision to stop the trading system.
Hi Roberto, I have been following you in autotrade and I was impressed with your trades in the eurousd and gbp, well timed entries and well managed trades. However your technique is clearly not working on the usdjpy. My advice is to work on dlrjpy on a demo first until you've worked out how to trade that pair. Especially this last long trade on usdjpy was totally off. Beats me how you thought it was a buy with a stop right at the prior low. From what I've seen so far it seems you have an intuitive feel for the market, so you have to build on that. I purely mechanical approach does not work.
Hi maieka, You're absolutely right, in the USDJPY have not been successful so far. I made several mistakes but I have to accept them as part of the trading. In such cases where the strict money management is important. I'm working on improving my system with this pair.
Exactly, that entry was intuitive, good appreciation. Over the years, after many hundreds hours of trading I think that you can get some ability to predict the price. Perhaps it's impossible but sometimes it is difficult to avoid these entries, we are humans. This is part of psychology. I agree with you, purely mechanical approach does not work.
That's right, being in the market with a 30 pip sl at NFP is totally irresponsible, secondly, are you aware that your followers got stopped out of the dlrjpy trade on which you made 64 pips? Would be good to know how this happened, at least I got stopped out of it at sl 96.65.
The USDJPY trade (16:21) with 64 pips wasn't copied into my account, I only had the loss of the GBPUSD trade. The other way round would have been better. It seem's that the resullts of your account and those of the followers will be very different. It would be nice, if we get some explanations about this.
I recognize that the GBPUSD entry was very risky. I must be careful with this type of operations.
Regarding the execution of the USDJPY order I don't know what happened, I have executed the order without any problems, It was a market order, no limit order. Perhaps it was a problem of requotes in some brokers.
Requotes are common in particular markets, and are a part of any Forex trading career. To protect us from a requote is better to placing a limit order. Hereafter I will try to avoid the market orders. By placing a limit order, you are telling your broker that you are only willing to place an order at a specific price or better.
hello good morning, I would like to connect my account with you, the problem is that I can not or do not, I myfxbook supports, my question is if you are currently working for other pages autotrade and so to connect with you from there.
This is actually a thing, I cannot understand as well. The trade was in profit before the news, why gamble that way? Is it strategy or just unattentiveness? You are trading so well, but this is unnecessary. Closing a trade in a fast movement like during news leaves us followers with a worse result than the masteraccount because of the slippage, maybe you are not aware of this.
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