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SimplyTheBest FxPro
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Sistem Trading
Mar 07, 2017 at 07:25
I am not saying that your trading has anything to do with the mentioned system, I am just saying that the strategy was almost identical, results were very similar, the max DD on that account was about 4% with 16% avg profit and it still failed. 14% DD is not low, especially considering the avg profit is 9% and going down in the last weeks. That DD:Profit ratio is not good. The system is rigid which will make consistent profits but when the loss occurs, it will be big. And loss will happen sooner or later. Your floating loss right now is about 5%, it can easily go down to 10% or even 15% which ...
SimplyTheBest FxPro
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Sistem Trading
Mar 06, 2017 at 14:53
Well, I stay away from traders who have many accounts connected and all with similar (bad) results. This SimplyTheBest system looks awfully like SubAtomic by CurboFX which is now private. It was doing very well for about 4 months and then last month in one day lost about 30%. The strategy was the same, lots of small trades on one pair in the same direction. When the price made big movement the other way, a huge loss happened. The same risk applies here, there is a reason why there has never been a system with this kind of strategy that was profitable over long period of time. Maybe togr is the...
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