Prime (by arezab) Quick Stats
Gain: -97.79%
Drawdown: 103.90%
Pips: 1365.0
Trades: 386
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Manual

Full Report

User's Page

Message

Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Prime Discussion
Previous 1 2 3 4 5 6 Next
pc8multifx

Member Since Sep 04, 2009  879 posts pc8multifx (pc8multifx) Dec 24 2009 at 20:47
eekuff.... - 47.000 $ on open trades ...

Knortzsch

Member Since Dec 24, 2009  3 posts Marco Kramer (Knortzsch) Dec 24 2009 at 23:20
Where did you see that? Cant see in overview because open are hided...

pc8multifx

Member Since Sep 04, 2009  879 posts pc8multifx (pc8multifx) Dec 25 2009 at 01:47

Knortzsch posted:
    Where did you see that? Cant see in overview because open are hided...


Das ist ganz einfach: Balance minus equity= open tradestongue

Knortzsch

Member Since Dec 24, 2009  3 posts Marco Kramer (Knortzsch) Dec 25 2009 at 10:13
Ohaa... arezab can you explain?

arezab

Member Since Sep 18, 2009  26 posts arezab Dec 25 2009 at 10:51 (edited Dec 25 2009 at 10:56 )
hahahaaa :-) don't worry so much guys .. this is not just a system of how to enter and exit a trade but also a system of how to manage the losing positions. By the way this is just nothing. If you look through my history you will find once I had a -72% draw down of my total equity. I handled that easily so I can handle this one with a -51% draw down too.

Trust me. I know what I'm doing.

... to Knortzsch: My open trades are hidden because I don't want somebody use them as live signals to open positions .. not because of my envy but because as you see this system uses special money management and therefore it's dangerous to play with if you don't know what you are doing. I can't take responsibility of someone's loss.

Thanks everybody for commenting.

Knortzsch

Member Since Dec 24, 2009  3 posts Marco Kramer (Knortzsch) Dec 25 2009 at 10:57
Okay I understand. Such a high draw down is very high risk.

Im not sure if someone else asked before me but do you managed account? I read that you dont selling signals.. cant understand why? Just because of the complicated mm and exits?

arezab

Member Since Sep 18, 2009  26 posts arezab Dec 25 2009 at 12:18 (edited Dec 25 2009 at 12:19 )
Knortzsch posted:
    Okay I understand. Such a high draw down is very high risk.

Im not sure if someone else asked before me but do you managed account? I read that you dont selling signals.. cant understand why? Just because of the complicated mm and exits?


I've been asked here privately several times to manage accounts but right now I'm not accepting because my system is still in final development phase and still needs to be fine tuned and for the same reason I don't sell signals right now.

I'll let everybody know when I'm ready to manage accounts or sell signals.

pc8multifx

Member Since Sep 04, 2009  879 posts pc8multifx (pc8multifx) Dec 25 2009 at 13:25

arezab posted:
    hahahaaa :-) don't worry so much guys .. this is not just a system of how to enter and exit a trade but also a system of how to manage the losing positions. By the way this is just nothing. If you look through my history you will find once I had a -72% draw down of my total equity. I handled that easily so I can handle this one with a -51% draw down too.

Trust me. I know what I'm doing.

... to Knortzsch: My open trades are hidden because I don't want somebody use them as live signals to open positions .. not because of my envy but because as you see this system uses special money management and therefore it's dangerous to play with if you don't know what you are doing. I can't take responsibility of someone's loss.

Thanks everybody for commenting.


72% DD ??? Why does myfxbook tell us about a DD of 7,27%??? Thats pretty misleading IMHO

Staff

Member Since Jul 31, 2009  1370 posts Ethan (Staff) Dec 25 2009 at 13:44

pc8multifx posted:
72% DD ??? Why does myfxbook tell us about a DD of 7,27%??? Thats pretty misleading IMHO


pc8multifx, our systems currently measure drawdown based on balance and not equity.

We're working on a solution for this issue.

GoldStandard

Member Since Jan 08, 2010  1 posts GoldStandard Jan 08 2010 at 19:57

arezab posted:
    to stef ... I use the same trend lines concept for exit. Put a RSI 14 over chart and draw trend lines over them. On break of trendline you enter and on next break you exit. But it's not as simple as this. You must be able to read the chart correctly and compare the market's movements with RSI movements and decide about how to draw a trend line over the price and RSI. Not every trend line is correct.

Look .. this just depends on lots of screen time, starring at chart and 'Feeling' the market correctly. I don't know how to put it into words. This is just experience.


Thanks for sharing about your use of rsi trendlines. Since I read your advice I've been watching RSI trendlines for the past few weeks and it has been very helpful to my trading .

I wonder if you would be willing to talk some more about how you use RSI trendlines, and what what type of trend lines make a good trade. I realize it is too much to explain entirely, but any tips would be appreciated.

Thanks again for sharing.

Rob

Previous 1 2 3 4 5 6 Next
Net Long-Term TIC Flows (1h 35min)
USD/CAD drops to test September lows bel...(14 min ago)
EURUSD 1.16693 GBPUSD 1.31389
USDJPY 112.361 USDCAD 1.29821

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.