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Antares
| Gain : | +199.93% |
| Drawdown | 37.10% |
| Pips: | 2079.5 |
| Trades | 275 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Unknown |
Antares Discussion
May 15, 2013 at 18:18
harryzimm posted:
Hi.
I am a live subscriber to your system. My account number is #89005245.
Can you please send me link to check your open trades.
I have got 12 open trades at the time of writing this message. These trades have been open for quite some time (for a scalping strategy). I hope you can show me your open trades too so I can make sure everything is ok.
Thanks.
Fazzal
Long time indeed for a scalper. I've seen this type of trading before with Forex Envy, I'm starting to wonder whether it was the right pick...
Not sure why MyFxBook is not being updated with Antares current trades. I've now attached my own MT4 for live results.
forex_trader_119885
Member Since Apr 02, 2013
8 posts
May 15, 2013 at 18:18
I received private link to this traders account - he is currently in almost 2000 pips drawdown!
I have dropped this system and closed all autotrade positions.
Fazzal
I have dropped this system and closed all autotrade positions.
Fazzal
forex_trader_119885
Member Since Apr 02, 2013
8 posts
May 15, 2013 at 18:20
Basically this strategy is to buy and sell a currency at the same time. If buy goes into profit, he will close and let the sell run until the price comes back in his favor.
Busted. Hold and pray strategy which is quite pathetic actually.
Fazzal
Busted. Hold and pray strategy which is quite pathetic actually.
Fazzal
May 16, 2013 at 05:09
You mean he has buy and sell currencies and both are in big drawdown?
Sometimes you can have multiple strategies on an account and you would have opposing positions. Likewise if its a long term strategy you can have big drawdowns but big rewards if the trader position sizes correctly and limits their risk. Don't know if this applies to this account but just saying...
Sometimes you can have multiple strategies on an account and you would have opposing positions. Likewise if its a long term strategy you can have big drawdowns but big rewards if the trader position sizes correctly and limits their risk. Don't know if this applies to this account but just saying...
May 16, 2013 at 05:41
harryzimm posted:
Basically this strategy is to buy and sell a currency at the same time. If buy goes into profit, he will close and let the sell run until the price comes back in his favor.
Busted. Hold and pray strategy which is quite pathetic actually.
Fazzal
I may regret it, but I want some of my equity back before I jump off the bandwagon. What annoys me is not so much the type of system, but the fact that part of it, i.e. the bad part, is being kept in the dark - kinda defeats the whole idea of MyFxBook's AutoTrade.
forex_trader_119885
Member Since Apr 02, 2013
8 posts
May 16, 2013 at 07:28
bistro posted:harryzimm posted:
Basically this strategy is to buy and sell a currency at the same time. If buy goes into profit, he will close and let the sell run until the price comes back in his favor.
Busted. Hold and pray strategy which is quite pathetic actually.
Fazzal
I may regret it, but I want some of my equity back before I jump off the bandwagon. What annoys me is not so much the type of system, but the fact that part of it, i.e. the bad part, is being kept in the dark - kinda defeats the whole idea of MyFxBook's AutoTrade.
Lesson to learn. Check all aspects of traders history to figure out their trading method before jumping on bandwagon. If trades is hiding everything in private mode like this Pinktree - STAY WELL AWAY because this type of trader will just blow your account!
Fazzal
forex_trader_119885
Member Since Apr 02, 2013
8 posts
May 16, 2013 at 07:28
Pinktree posted:
I will be asking myfxbook to remove the system from AutoTrade
How can you call this a "system"?!
You are just buying and selling same currency at same time and closing only profitable trades at a few pips whilst your losing trades are mounting up to thousands of pips and counting!
I pity the people who are following you on live account because they are destined to lose their money with your "system"
Fazzal
Member Since Mar 03, 2013
320 posts
May 16, 2013 at 15:01
You should learn manual trading guys....
hey Bistro, wusste gar nicht das Broker nun auch Bierstuben zum Trading zulassen... LOL
always good trading from Reinickendorf
hey Bistro, wusste gar nicht das Broker nun auch Bierstuben zum Trading zulassen... LOL
always good trading from Reinickendorf
May 16, 2013 at 21:06
I'm not so sure about following this trader anymore, but I've started at the lowest multiplyer with £1k and I'm watching how things go.Having patience is the hardest thing of all !!
p.s.
You might have missed the fact that in the settings tab next to the multiplyer adjuster you can set max drawdown and/or min account balance (Don't forget to save your settings if you change the multiplyer - save appears to the left under the name of the system your following (not that I did that of course !))
p.s.
You might have missed the fact that in the settings tab next to the multiplyer adjuster you can set max drawdown and/or min account balance (Don't forget to save your settings if you change the multiplyer - save appears to the left under the name of the system your following (not that I did that of course !))
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