GTS Risk Management System diskuse

Hello,

yours it seems like a good signal, but it's really incomprehensible the reason you locked the lot sizes, which is a very important parameter in my opinion. For this reason I will copy it at the half of what I would usually do for a signal like yours.
Hopefully you will unlock it.

Regards

Rossgif posted:
Hello,

yours it seems like a good signal, but it's really incomprehensible the reason you locked the lot sizes, which is a very important parameter in my opinion. For this reason I will copy it at the half of what I would usually do for a signal like yours.
Hopefully you will unlock it.

Regards

You are copying this with 3.5 % profit/month and 37% DD ? 😲

You are copying this with 3.5 % profit/month and 37% DD ? 😲
If you can find a 3-year-old signal with better parameters I will be happy to copy it...but I cannot find many of them.

and this is what you call strict risk management???? Please let me know what is your plan eurgbp because I guess we have got enough loss with it.

Rossgif posted:
and this is what you call strict risk management???? Please let me know what is your plan eurgbp because I guess we have got enough loss with it.

Dear Rossif, this is what i meant..

Always profit should be more than DD...
Just calculate how long you would need with 3.67% profit p.M. to recover the losses

But sorry, i can't recommend you here something special.
Also my last 3 signals which i had subscribed (luckily in demo at first) broke down...((

upandgo posted:

Rossgif posted:
and this is what you call strict risk management???? Please let me know what is your plan eurgbp because I guess we have got enough loss with it.

Dear Rossif, this is what i meant..

Always profit should be more than DD...
Just calculate how long you would need with 3.67% profit p.M. to recover the losses

But sorry, i can't recommend you here something special.
Also my last 3 signals which i had subscribed (luckily in demo at first) broke down...((

Dear Upandgo
Dd doesnt mean recorded loss for you info.
If you can manage the losses and recover it, it just show how much of your capital went to fliating loss in maximum.

it is happen even once you have the maximum flaoting risk.

And DD is not related to monthly percentage of profit. it show the maximum risk the account carried overtime.

However risk is involved and unpredited in financial markets and what traders do is managing it.

Dear Rossgif

we had 12% profit last month and 12% Floating loss till now. the risk is low . if you close your position you have no profit and loss.This is still under risk management as mentioned and I am trying to manage it.

Dear Reza,

I'm totally aware of it, but I've seen so many signals created just for a temporary boom just to recede it all the way. I chose your signal because has a decent history length.
Therefore, I think communication is very important matter here and I'm happy you replied (although you never answered to my previous question of many days ago).

In the matter of the current trade I got worried as I saw a very big chances to close it BE or near to it that was missed just before the big down, and this is why I needed to know if there was a proper plan about it (although you didn't answer I saw you opened an hedging position).

Cheers
Rossarin

Rossgif posted:
Dear Reza,

I'm totally aware of it, but I've seen so many signals created just for a temporary boom just to recede it all the way. I chose your signal because has a decent history length.
Therefore, I think communication is very important matter here and I'm happy you replied (although you never answered to my previous question of many days ago).

In the matter of the current trade I got worried as I saw a very big chances to close it BE or near to it that was missed just before the big down, and this is why I needed to know if there was a proper plan about it (although you didn't answer I saw you opened an hedging position).

Cheers
Rossarin

Dear Rossgir

Thanks for your kind reply and sorry for late reply.

As you may have noticed, my reply to you was my first post during my 4 years of being myfxbook member and this is second.

Thats because I believe in acting instead of talking and I am busy trading instead of surfing and expressing ideas. You can find lots of ideas and comments from different people in this site but most of them never act themselves. You rarely find comments from successful traders because they only act and try to stay away from crowd and distraction to focus on trading.

About the BE you are completely right, unfortunately at that moment I was at the airplane from Kuala lampur to Dubai and didn't have access to internet to manage the position. So that opportunity was missed and I am also not happy about that.

However, I try to manage this position and try to hold the floating loss from increasing. Let's see what can be done else we may lose the 12.5% previous month profit. But I try to maintain it at the first place.

Have a good moments

Regards

Dear Reeza,

I understand your point, on the other side, I urge you to communicate with followers whenever there are difficult moment, as knowing the trader is on the spot gives a feeling of safety.
Also I've been following you for short time and I'm a believer that cannot judge a trader until he's been in trouble.

Cheers and thank you for your time

Rossarin

The ea to update the graph is not connected, in fact last day represented is may 23rd.
You should relaunch the mt4 or input the password again according to the system you used.

Cheers

Hello Reefa,

Could you tell us what is your plan for the upcoming election in England? Will you keep the trades open?

Cheers

Hello Reefa,

I think a trader who's got followers needs to communicate with them.
You don't care at all, the graphic is not updating and you don't take action.
I also made you a question about the forthcoming election which will have a great impact on the open trades and you did not reply forcing me to take action and to close the 2 new trades myself. I will be closing the remaining 2 tomorrow and will unsubscribe from your signal.

You might say that you are busy trading. The only thing that I can think of is that you don't know what to do and don't reply.

I don't think this is the way to deal with customer.

Regards