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FxPhil trader's profile

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Oct 17 2013 at 12:08

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Recent Posts

in Scalp Trader PRO Feb 25 2016 at 15:42

No trades for almost 7 weeks, yet it still updates.Has the vendor turned off the EA, so to live / make sales from past results?

in Scalp Trader PRO Feb 18 2016 at 11:48

If you analyse the trading history, it is clear to see this account has progressively had the trading risk reduced. Thus growth has reduced.Would seem the vendor is happy with the current overall resu...

in Scalp Trader PRO Nov 27 2015 at 12:27

I never said it was a scam. Just has not shown, long term, that a proven past DD of around 46.65% versus a long term monthly growth of 4.9%, with a 12% risk per trade is not what I would consider to b...

in Scalp Trader PRO Nov 26 2015 at 14:58

Risk = ( lot size × $10 × 120 pips SL) / $ balance when opening trade. This is what % of your balance you will lose if the EURUSD trade hits the SL. The $ value between the ( ) is how much...

in Scalp Trader PRO Nov 26 2015 at 12:55

Doing the maths, the 10 year back test ran at 12% risk per trade, had a 46.65% relative DD to the then balance high water mark and made a averaged compounded 4.9% return / grown per month over the 10....

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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.