Contest - slowlybalm (by slowlybalm) Quick Stats
Gain: +1288.0%
Drawdown: 71.37%
Pips: 1632.1
Trades: 93
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Unknown

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Contest - slowlybalm Discussion
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lennylongroach

Member Since Dec 06, 2011  3 posts lennylongroach Oct 05 2012 at 09:34
excellent trading my man...fantastic to watch!

saeid4iranegold

Member Since Jul 26, 2012  5 posts saeid4iranegold Oct 05 2012 at 13:46
very goodwink

DrVodka

Member Since Dec 16, 2011  292 posts DrVodka Oct 06 2012 at 22:15
i agree very good 95 % winnings and 5 % losings trades , not bad at all ..where have u been before ))

slowlybalm

Member Since May 19, 2011  28 posts Damilare (slowlybalm) Oct 06 2012 at 23:10
Have been with myfxbook for long, just that i dont usually participate in te contest because of my shedule. I just decided to try my strategies on the competition and see how far i can go smiley.

Thanks all for the compliment .

DrVodka

Member Since Dec 16, 2011  292 posts DrVodka Oct 07 2012 at 23:12
u got dangerous strategy i tell u that now -- NO stops . HOW dangerous it depends on your entry/exit strategy . 49 % drawdown is a bit to much .

anyway good luck

slowlybalm

Member Since May 19, 2011  28 posts Damilare (slowlybalm) Oct 07 2012 at 23:18
well, this is a demo contest and no money risk attached. thats the reason for not using SL.

My normal SL on live account is 50 pips and TP is 50-100pips with small lot. most of the trade am placing in the contest is like scalping to me and not the real type of daily pips target. But realised that the contest is not about the amount of pips you are making but profit. is also the reason for using bigger lot of 50-100 lots.

DrVodka

Member Since Dec 16, 2011  292 posts DrVodka Oct 08 2012 at 05:48
yes but your trades almost never reach TP , u cancel them manually most of the time .. so u watching them all the time when they open ?? just wondering .thanks

slowlybalm

Member Since May 19, 2011  28 posts Damilare (slowlybalm) Oct 08 2012 at 07:14
little by little, a drop of water makes an ocean. Well, may be if I had waited, for most of the trade to hit TP, i would have been 6000% plus profit by nowlol. but am not patient enough to risk that, cos am only available to trade London session twice in a week.

germantrader

Member Since Sep 19, 2012  32 posts germantrader Oct 08 2012 at 09:16
slowlybalm posted:
well, this is a demo contest and no money risk attached. thats the reason for not using SL.

.................................................... But realised that the contest is not about the amount of pips you are making but profit. is also the reason for using bigger lot of 50-100 lots.


do You know of any contest where the amount of pips you are making counts and not the profit %age ?

anyway well done till now, and this with 2 days a week during London trading hours.

dawson

Member Since Jul 04, 2012  11 posts dawson Oct 08 2012 at 21:58
nice trading...incredible win percentage...can you post a screen shot of your charts....thanks...

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