TheBuddingTrader

Joined Mar 29, 2016

Connections: 0

Experience: No Experience

Location: Singapore

Profile

Bio

Learn more about me at www.thebuddingtrader.com

Trading style

Price Action

Motto

Never resist the markets

Systems by TheBuddingTrader

Name

Gain

Drawdown

Performance

3080

Real

1:100

MetaTrader 4

+0.69%

1.51%

Recent Posts

Forex Contest GDMFX

I have talked about drawdown even before the competition started. I even suggested drawdown be included in the selection criteria of a winner.

24661

Mar 01, 2017 at 13:48

Forex Contest GDMFX

Where did all the cowboy traders go? Those with thousands of % in profits after a few days....

24661

Mar 01, 2017 at 07:44

Forex Contest GDMFX

IP tracking. - agree, although there are ways to mask it.Gamblers in casino - agree, if you are not a professional card counter or poker playerTrading is not a zero sum game - agree, nothing to disputeThere is no risk. - Seriously? Even a decision to turn on your PC has risks of you getting electroc...

24661

Feb 25, 2017 at 18:20

Forex Contest GDMFX

He made a huge gamble, and it paid off. If you really wanted to game this competition, you would have created 5-6 accounts using different emails, make crazy bets, hope for one account to hit a high % return, then stop trading. Just a numbers game. But his hope of being a profitable trade in the lon...

24661

Feb 23, 2017 at 15:43

Forex Contest GDMFX

I agree with you. I took part in another competition before, and the winner was just a gambler. He had 400+% return in 3 months and a huge drawdown (can't remember the exact number but quite sure it was > 30%).I think a competition is meaningless if the overall % increase in account is th...

24661

Feb 19, 2017 at 15:55

TheBuddingTrader's Reviews

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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.

EURUSD	1.16526	GBPUSD	1.34301	AUDUSD	0.65085
USDJPY	151.235	USDCAD	1.4041	USDCHF	0.79731