TrackRecord (de CuongVC)

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Discussion TrackRecord

Mar 08, 2011 at 09:55
Vues 3,158
39 Replies
Membre depuis Oct 01, 2009   posts 242
Nov 11, 2011 at 20:31 (édité Nov 11, 2011 at 20:32)
The account is in pretty good shape now.
Thanks for all the good luck.

Just withdrawed $10,000. You can see that I not only deposit but also withdraw.
If you can prove that you can make money grows, tons of money will flow to you.
Membre depuis Sep 23, 2011   posts 13
Nov 14, 2011 at 15:32
you are pretty lucky so far
but, I think you might need that 10k back in your account soon :)
Membre depuis Oct 01, 2009   posts 242
Nov 14, 2011 at 15:49 (édité Nov 14, 2011 at 15:51)
It is on it way.

It happen that I often have luck. Still need more of that though.
If you can prove that you can make money grows, tons of money will flow to you.
Membre depuis Sep 23, 2011   posts 13
Nov 15, 2011 at 11:25
be careful, oanda has margin call @ 50%
Membre depuis Sep 23, 2011   posts 13
Nov 15, 2011 at 17:00
you are in serious need of your luck again.

If my guess is right, you have around 10-15 lots of open long EU positions which is currently at loss of 30,000 dollars on paper.
you have to throw in more money to maintain that position if 1.35 doesn't hold
Membre depuis Oct 01, 2009   posts 242
Nov 15, 2011 at 17:51 (édité Nov 15, 2011 at 17:51)
All traders have to bet on his guess. I bet on not the next move but on how bad it can go against me. Then I will need to take neccessary action to survice.

The method defenitely has room to improve.
If you can prove that you can make money grows, tons of money will flow to you.
ForexScam
forex_trader_32776
Membre depuis Mar 28, 2011   posts 1008
Nov 16, 2011 at 15:32
Looks like the 10k deposit didn't help much. Liquidation is starting to take place to save the account considering that the account is at 40% equity.
Membre depuis Sep 23, 2011   posts 13
Nov 16, 2011 at 17:32
I think he needs to keep equity value above roughly 15,000 to avoid margin call on his open EU long position, so there is not much breathing room.

If my calculation is right, when market dips below 1.3430, he will have to either deposit more money or liquidate again.

As a trader from southeast Asia, I really hope he could survive this, but, man, the odd is not looking good.



   ForexScam posted:
   Looks like the 10k deposit didn't help much. Liquidation is starting to take place to save the account considering that the account is at 40% equity.
Membre depuis Sep 23, 2011   posts 13
Nov 17, 2011 at 20:54 (édité Nov 17, 2011 at 21:08)
If you could survive this, I would strongly suggest you apply your strategy on EUR/GBP, which is much more likely to bounce around in a small range. Oanda has a very tight spread (1.0-1.4) on that pair too.
Membre depuis Sep 23, 2011   posts 13
Nov 18, 2011 at 15:33
EU is DO or Die now.

1.35 has to hold
Membre depuis Sep 23, 2011   posts 13
Nov 23, 2011 at 12:30
EU breaks down to lower low. it is looking attractive to going long somewhere around here though
Membre depuis Sep 23, 2011   posts 13
Nov 23, 2011 at 16:12 (édité Nov 23, 2011 at 16:20)
long 5 lots EU @ 1.333, test water

this is a key level for EU bulls to hold, otherwise we will see the Oct low soon.
Membre depuis Sep 23, 2011   posts 13
Nov 23, 2011 at 20:14
range bounce trading strategy is working pretty well in EUR/GBP pair. I have been doing that for years.

sorry for your loss, take some days off, you will do better next time.

I blew up 2 accounts before I started to make money consistently
Membre depuis Sep 23, 2011   posts 13
Dec 02, 2011 at 12:46
no more update????
Hope he survived this.
walker36
forex_trader_36599
Membre depuis May 13, 2011   posts 1341
Dec 02, 2011 at 12:54
on Oct 27 I sent him a PM to close all trades and flatten or his loose will be dramatic soon. I am regret to say that his account most probably blown.


   biorjin79 posted:
   no more update????
Hope he survived this.
ForexScam
forex_trader_32776
Membre depuis Mar 28, 2011   posts 1008
Dec 02, 2011 at 13:00
I doubt it. He was quite persistent when his account was alive before EU dropped below 1.3400. He overleveraged and busted the account. Last update at 38% equity.
ForexScam
forex_trader_32776
Membre depuis Mar 28, 2011   posts 1008
Dec 02, 2011 at 13:03

   walker36 posted:
   on Oct 27 I sent him a PM to close all trades and flatten or his loose will be dramatic soon. I am regret to say that his account most probably blown.


   biorjin79 posted:
   no more update????
Hope he survived this.

agreed. he should have closed at 1.4200 when he was ahead. but insisted on miracle P/L figures.
walker36
forex_trader_36599
Membre depuis May 13, 2011   posts 1341
Dec 02, 2011 at 13:03
hope he survived and come back. I wish good luck
Membre depuis Oct 22, 2010   posts 4
Dec 19, 2011 at 11:06
woops!
Patience
forex_trader_1819
Membre depuis Oct 18, 2009   posts 230
Dec 19, 2011 at 14:34
Sorry to see this Cuong. I remember our chats about trading small to win. It's been a tough year for most I would say.
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