hejhej17 diskuse

Damn man!

Looks like you know what you're doing. <img src='' alt='😄'/>

Can shed some light on your system?

Hi :)

I'm using Phillip Nels 4H MACD system, you can read about it here: https://www.forexfactory.com/t/14630/4-hour-strategy-macd-1.html

I'm though not following all the rules but I'm trying to optimize it for my trading style.. I have to work on my MM, think i'm too risky.. :P

If you read and listen too all the 'posts' Phillip has posted in the first post I'm sure you learn something from it :)

Else please ask, and I'll try to answer :)

Nice!

Well, I'll sure going to read the link you gave, it's really cool I can see your trading.

Thanks for sharing.

Added you to my watch list!

You're welcome! :)

Else I can recommend if you watch all videos on this channel on youtube: https://www.youtube.com/user/InformedTrades :)

They really know what they are talking about :) - and they are very friendly on their forum :)

Excellent.

If you have anymore sources, do share. I'm always looking to learn from the best <img src='' alt='😉'/>.

added to my watch list!

you can sign up for my auto trading signal service here: https://rentasignal.com/signal/view/1235 :)

really good result.

well done!

Not sure about this risk/reward thing, cause yours is hectic negative. Wonder how they calculate them.

Thanks, yeah I have thought about that too... do you think it's because I only have psychological stops instead of automatic stops?

Elkart posted:
    Not sure about this risk/reward thing, cause yours is hectic negative. Wonder how they calculate them.

We're currently looking into this issue. From a brief look on the account, the risk ratios indeed should be positive.
We'll update you on any changes.

Ok, problem found and solved.

cewl

thanks!

hejhej17:

IMO you are trading way too big! Looking at your current positions you are in a -1700 drawdown (more than profits to date). I'd recommend greatly reducing position sizes ... and use hard stops. It is highly probable that you will blow out your act trading like this. I've traded heavy like this and blown out many acts.

The 4 hr system you are using is a great system (I use it myself when I trade manually) ... but I start small and add to positions as it goes my way, and use hard stops. You can maintain a small risk, and as the trade moves your way, add to positions, put stops at b/e ... and then trail the stop. You can maintain a small risk while adding to trades that way ... when you have all stops at b/e, its a risk free trade!

EZcurrency

hejhej17, I had your trading system in my watch list, and suddenly it went private - I guess you got a margin call?

That's not a good way to find clients, and it just proves you're not ready to manage OPM.

Good thing it's now recorded here in myfxbook for future reference.

Care to explain yourself?

Na man,

Happens to all of us, we think we're ready, then Wham!

But at least it was easy to identify the problem, as EZ pointed out the day before. It's not that the system failed. Just the trade sizes were to big, so it couldn't do a rough patch...

i think hejhej be a bit wiser for it after this week-end. Lucky wasn't a lot of money.