In this article I want to make you to follow the legends way.Let's see some great words of legendary traders with this article.
“I have learned through the years that after a good run of profits in the markets, it`s very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that a rest in the middle of the streak can often extend it.”- Marty Schwartz
Paul Tudor Jones:
I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have” – Paul Tudor Jones.
+4% average monthly profit with -23% max. DD... It is OK, but I just wonder why it is called 'Safe Fx'...
I would call it 'safe' only if the average Monthly Profit was higher than the max. DD, or at least the DD did not exceed the average monthly profit value. In other words the Calmar Ratio should be 12 or higher.
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.