Wmfx Trader (By amendes)
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Wmfx Trader Discussion
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts
Mar 08, 2018 at 10:58
Member Since Jan 23, 2015
9 posts
Hello,
Yes, it's been a difficult week, but we're following the money management of 5% DD maximum. I think that is best losing some trades than let the orders open and have a bad surprise if the market didn't go back.
I'm going to be more careful with the trades.
Yes, it's been a difficult week, but we're following the money management of 5% DD maximum. I think that is best losing some trades than let the orders open and have a bad surprise if the market didn't go back.
I'm going to be more careful with the trades.
Mar 08, 2018 at 11:51
Member Since Sep 29, 2016
255 posts
amendes posted:
Hello,
Yes, it's been a difficult week, but we're following the money management of 5% DD maximum. I think that is best losing some trades than let the orders open and have a bad surprise if the market didn't go back.
I'm going to be more careful with the trades.
Very much agree with your statement!! That is the hallmark of good responsible trading!!
ourmyfxbook@
Member Since Feb 01, 2018
14 posts
Mar 09, 2018 at 09:27
Member Since Feb 01, 2018
14 posts
amendes posted:
Hello,
Yes, it's been a difficult week, but we're following the money management of 5% DD maximum. I think that is best losing some trades than let the orders open and have a bad surprise if the market didn't go back.
I'm going to be more careful with the trades.
Money is bound to be lost in trading. As its a managed loss its OK. The Facebook stock managed to recover but there was no guarantee that it would. I agree. Better to sell it off than to lose even more.
Member Since Feb 01, 2018
14 posts
Mar 25, 2018 at 04:54
Member Since Jan 23, 2015
9 posts
tyronedavies posted:
Facebook isnt doing so well in the media. Stock prices are very volatile at the moment. Are you going to sell off or wait?
Hello,
I believe that the fundamentals of Facebook are still good, in a long term it's a profitable company and I believe it will recover. Let's see how is the reaction today.
My plan in this trades it's for long term, if it didn't recover I'll probably close some of the trade and start to manage to close gradually with less damage.
We're expericing some unexpected DD, but it's Normal in a long term investiment in fundamental stocks, the profit of the system it's still Good.
I'd like to hear your opinion!
Member Since Feb 01, 2018
14 posts
Mar 25, 2018 at 07:05
Member Since Feb 01, 2018
14 posts
I think Facebook will recover but it will take some time. I think the equity is enough to survive this period of Facebook's history. Zuckerburg already has plans in place to ensure this doesnt happen again. There is talk of Facebook going to court over this data breach so I expect stock prices will go down even lower before going back up again.
Member Since Feb 01, 2018
14 posts
Apr 06, 2018 at 11:53
Member Since Jan 23, 2015
9 posts
tyronedavies posted:
Zuckerburg goes to testify on April 11th. I see stock prices going down and then slowly recovering, but I'm not a professional.
Hello, the stock went slower than expected, it was something out of normal in the market. I already placed a stop loss in 149, if the stop is hit we continue the work of the last year and in a 2-4 months we recover the loss.
Sorry for the loss in this month, I'm being more careful and it was something that the market dropped faster than normal. I expect to continue the work of this last year and recover this loss fast
Member Since Feb 01, 2018
14 posts
Member Since Feb 01, 2018
14 posts

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