Genesis Discussion

Hello Traders! I got few messages regarding my trading, and i want to clarify few things here: First, this is manual trading using demand and supply areas as well as fibs expansion and retracements. As you can see up to this point (26 February 2013) the max DD was 59.82% - but also you can notice that the equity never dropped under initial capital, in other words the suffered DD was 'on market money'. Initial capital was 100.000euro and when i got some profits i used those profits to make more profits. In this way, the risk i take is not on 'original capital', the main goal is to protect the investment while making money. Hope that helps! :)

This is the game plan for this account:

Invested capital: 100.000 euros

Max Risk: 30.000 euros

Target: 1.000.000 euros

Strategy applied: breakouts, scalping, swing trading, averaging, etc.

Time limit: 1 year or more...depend on volatility and our abilities to take profits out of FX market.

almost 500k ... :) incoming....!

Very impressive so far...

Major posted:
Very impressive so far...

Thx!
First half is done... :)

breaking 650k! another stonemile.... :)

not verified.

Yeah,,, Did you change your password etc. you used to show balance when acc was verified....

C`mon at least show balance and Equity,,, give us something to watch.
;)

Good luck.

PS. BTW it`s 'Mile-stone' :)

Sorry my french :)

I have an EA that control risk positions and sometimes get in conflict with myfxbook EA...hence the disconnections...Will try to pay more attention to that.

btw...700k 'mile-stone' is in cards now....i pushed a bit on EJ have to say..lets see how it goes...anyway, 500k locked down as profits!

looks like you might hit your Target well under 1 year...

Really hope so, but you know, sometimes shit ca hit the fan..so..expect the unexpected always! As for myself im confident now that it will be easy to go there in next months! cheers!

Why make it private now? i am looking forward to see you hit 1 million :).

Yeah dont worry if you have losses we want to see the good and the bad...

From 100k to 200k already is remarkable.

Let alone last seen 700k.

Hi ! We encountered some unpleasant experience with our broker, hence we put the account on stand -by and we made it private until things would be sorted out! Finally , we sorted out!

We had last week a spike on all EUR/USD that killed the account, and meanwhile we tried to sort it out with our bank and all the shit resulted from here.

As you wan see on attached picture, EUR/USD had a spike down from 1.3031 to 0.6243 ..YES=0.6243! and that killed the account!! Both accounts we had on this broker (both Exodus and Genesis accounts).

Now all positions was restored to their initial position and account is fine, we have a Balance=Equity = €1054055.92

BUT...on myfxbook stats, there is still showing that spike as negative loss..we tried to fix it but i guss there is nothing we can do about it.

We still have the permission to trade on this account (from owner point of view), and we put a hard STOP LOSS on account at €500.000.

We want to go further; to see how much we can achieve until end of year.

Good trading to all!

Here is the attached picture of that spike EURUSD! (we have that spike down on EURUSD EURJPY EURGBP GBPUSD)

OK..we managed to put the account up under another name and here it is:
GENESIS RELOADED
https://www.myfxbook.com/members/FranceFX/genesis-reloaded/552148

rofl what the broker trying to do? lol, nonsense with that spikes.

anyway congrats, u achieved 1 million!.