First (By Orenn)
The user has deleted this system.
First Discussion
Jun 05, 2017 at 21:42
408 Views
15 Replies
Member Since Jan 05, 2016
1189 posts
Jun 06, 2017 at 21:34
This is absolutely absurd.
You have an over 90% draw down against your account (90.41% to be exact) but you only have a 2.62% monthly gain.
That's absolutely horrible. You are using ZERO money management on your account.
The ONLY reason you didn't get completely blown out is because you got lucky.
This is ABSOLUTELY NOT a good method of trading.
You have an over 90% draw down against your account (90.41% to be exact) but you only have a 2.62% monthly gain.
That's absolutely horrible. You are using ZERO money management on your account.
The ONLY reason you didn't get completely blown out is because you got lucky.
This is ABSOLUTELY NOT a good method of trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Feb 03, 2017
29 posts
Jun 07, 2017 at 06:33
You improved a hell lot.
Gratz
Gratz
Don't panic over drawdown, instead manage it !!
Member Since Jan 05, 2016
1189 posts
Jun 07, 2017 at 20:35
I stand by my original statement.
You have an draw down rate of greater than 90%.
That alone shows you have NO MONEY MANAGEMENT rules.
Then there is the fact that your account has lost -$1076.64
THE ONLY reason you haven't completely blown the account out is because you kept depositing more money in it, with the hope that your gambling method of trading would pay off for you.
And while I will agree that you've done a little better in very recent times, however it doesn't make up for the fact that you being careless with your account.
A 90% draw down is absurd.
This is ABSOLUTELY NOT a good method of trading.
You have an draw down rate of greater than 90%.
That alone shows you have NO MONEY MANAGEMENT rules.
Then there is the fact that your account has lost -$1076.64
THE ONLY reason you haven't completely blown the account out is because you kept depositing more money in it, with the hope that your gambling method of trading would pay off for you.
And while I will agree that you've done a little better in very recent times, however it doesn't make up for the fact that you being careless with your account.
A 90% draw down is absurd.
This is ABSOLUTELY NOT a good method of trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Jun 07, 2017 at 20:38
If you would like some help with your account recovery, open your 'open trades' up so they aren't hidden and let us evaluate what you are doing, so we can see how to best help improve your trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Jun 07, 2017 at 20:40
Open those so we can see what is happening, and let's see what we can do to improve your trading on the account.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Jun 07, 2017 at 20:46
Could you also please explain your trading strategy?
There is obviously room for improvement, so let's see what we can do to help improve your entry points.
We'll work on your TP and SL levels once we have determined how to improve your entries.
There is obviously room for improvement, so let's see what we can do to help improve your entry points.
We'll work on your TP and SL levels once we have determined how to improve your entries.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Jun 08, 2017 at 21:27
Orenn posted:
There are nothing to show 😄
Ok well the one trade you have open is profitable currently. So.. That's a good thing.
May I ask what method you are using to determine your entry points?
We can probably improve your entry accuracy to begin with.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Jun 09, 2017 at 18:12
Orenn posted:
Its not important what results did i had during my learning process. Now its important.
What is the basic strategy you are trading with?
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Jun 11, 2017 at 06:29
Professional4X posted:
Could you also please explain your trading strategy?
There is obviously room for improvement, so let's see what we can do to help improve your entry points.
We'll work on your TP and SL levels once we have determined how to improve your entries.
I cant explain my trading strategy ,my English is too weak 😄 .But I can say, I do not use any indicators only my head. I do not use any news in trading . And I not accept any advice from everybody except if he is like Warren Buffett 😄
From 2015.09.01, up to now, trading result 100%
Member Since Jan 05, 2016
1189 posts
Jun 11, 2017 at 20:31
(edited Jun 11, 2017 at 20:36)
Orenn posted:
I cant explain my trading strategy ,my English is too weak 😄 .But I can say, I do not use any indicators only my head. I do not use any news in trading . And I not accept any advice from everybody except if he is like Warren Buffett 😄
You've indicated that you aren't interested in advice, so I will respect that.
You would have done well to ask my advice though.
I started with less than $1000.00 USD approximately 18 months ago.
And yes, this is my own account.
I won't offer you my help again.
Good luck with your trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
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