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VCC FXChoice MT4
v
Obchodné systémy
Dec 30, 2019 at 04:29
What drawdown are you talking about, mooneyfxuser?
VCC MT4-2
v
Obchodné systémy
Dec 06, 2019 at 16:55
Yes, you are right. When the chance for a trade to get back to positive is too low or the time for that is too long and the swap is high, it is better to close it.
VCC MT4-2
v
Obchodné systémy
Dec 05, 2019 at 15:57
Do this test for yourself and see what I want to say...On a $10,000 account, buy and sell 1 lots of EURUSD. Wait for the market to move up 200 pips. The "buy" trades will be in profit ~10x100= $2000. The "sell" trade will be in loss ! $2000. Balance & Equity are still ~10,000. Now close the "buy" trade. The balance is now ~$12,000. Equity is still ~10,000.Wait a little more, the market keeps moving up 100 pips. Now the balance is ~12,000 but the equity is only ~10,000-2,000= 8000.It is very easy to increase the balance. It is very hard to increase the equity....
VCC MT4-2
v
Obchodné systémy
Dec 05, 2019 at 15:27
As stated previously, the "loss" you see is just on the balance, not on equity. That is why I called it "cleaning thing up".Equity is the key. Don't be fooled by the balance value.Many traders look/focus on the balance number, not equity number. Their balance going up but the equity keeps going down.
WHO trades forex for more than 10 years and keeps making regular profits
v
Skúsení obchodníci
Dec 05, 2019 at 06:07
Started on 2006. Still trading. Never give up spirit finally paid off. Profitable from 3 years ago. Going big this year.
VCC MAM1
v
Obchodné systémy
Dec 04, 2019 at 22:03
A good gain today.This is new: for who don't want to open an account with FX Choice... now this account's trades can be copied in SignalStart.
VCC MAM1
v
Obchodné systémy
Nov 29, 2019 at 10:03
Thank you for a great compliment, Dana.Just want to say that the more the equity of your account with the MAM, the less fee percentage it has to pay as below...Account's equity is...1/ between $1,000 – $4,999 will have a 35% performance fee. 2/ between $5,000 – $9,999 will have a 30% performance fee. 3/ between $10,000 – $49,999 will have a 25% performance fee. 4/ from $50,000 up will have a 20% performance fee.Happy trading to you.CuongVC
VCC MAM1
v
Obchodné systémy
Nov 28, 2019 at 16:40
That's it for November.Happy Thanksgiving to All Clients.
VCC MT4-2
v
Obchodné systémy
Nov 15, 2019 at 11:22
That is why the profit sharing fee is based on Equity High Water Mark.The gain curve is actually based on the balance value which is not really count and so can be misleading.The real important thing is Equity, Equity curve (if we don't do any withdrawing and depositing along the way).
VCC MT4-2
v
Obchodné systémy
Nov 15, 2019 at 10:34
I am freeing up the margin to gradually withdraw the money out of this account.See that the balance go down a lot but the equity is going up. Equity is the key!!!At this moment:Balance:$71587.56Equity:(74.12%) $53061.59Highest:(Nov 14) $101297.65Profit:$60882.77Interest:-$3681.61Deposits:$25585.92Withdrawals:$14881.24Note that the Equity (including withdrawals and deposits) is at its highest: $53061.59 + $14881.24(withdrawals) - $25585.92 (deposits) = $42356.32. This is real profit, currently the highest.
VCC MT4-2
v
Obchodné systémy
Nov 11, 2019 at 17:23
Highest Equity achieved! This account currently shows (After withdrawing $2,000 about 45' ago):Balance: $96,995.03Equity: (49.68%) $48,184.16 Floating PL: -$48,810.87Deposits: $25,585.92Withdrawals: $14,881.24So, do not get fool by the Equity percentage (49.68% above). The main thing is the equity keep growing.Good trading to all.
VCC MAM1
v
Obchodné systémy
Nov 07, 2019 at 10:21
Hi hun9bq,My contact is in my profile, click the name. Thanks.
VCC MT4-2
v
Obchodné systémy
Oct 28, 2019 at 08:45
DD has been calculated different than the true DD by definition and so misleading. Most people don't understand it and this will impact their evaluation of trading performance.That is what I want to say and hopefully more people can really understand and better pick the right one to follow.
VCC MT4-2
v
Obchodné systémy
Oct 25, 2019 at 09:38
Balance increase faster than equity, in this period. That is totally fine with me because the key is the equity. Your account is worth at your equity value.So, try to focus on the equity number, not the balance. The gap between balance and equity is just unrealized loss which will fluctuate and become will smaller when the price pull back which it always do.
VCC MT4-2
v
Obchodné systémy
Oct 24, 2019 at 13:11
CASHLOVE, if you click my name you can see my profile. The contact information is listed there.Regards
VCC MT4-2
v
Obchodné systémy
Oct 23, 2019 at 07:08
I replied to you long ago in private message.
Show your profitable account here.
v
Obecné
Oct 23, 2019 at 01:22
This is new the other two are not. Posting here for people to watch my journey....https://www.myfxbook.com/members/CuongVC/vcc-mam1/3573419
VCC MT4-2
v
Obchodné systémy
Oct 23, 2019 at 01:16
DD value in here is not the true DD. Currently is just based on Equity%. That is (Equity/Balance)%. DD= 100%- Equity%. That is DD= (Balance-Equity)/Balance. That is not truly DD per definition.The DD should purely based on Equity. It should be like this: True DD= (EquityPeak- Equity)/PeakEquity.The DD calculated here leads to higher DD value when your balance grow even though the Equity stay unchanged.Example: At time 0: Balance= 1000; Equity= 1000; At time 1: Balance= 1000; Equity= 900; EquityPeak= the highest equity in the past= 1000; DD= (1000-900)/1000= 10%; TrueDD= (1000...
VCC MT4-2
v
Obchodné systémy
Oct 21, 2019 at 18:53
No JForex78, I do not forget them.
Frero
v
Obchodné systémy
Oct 20, 2019 at 17:46
It is easy to have a signal there. The thing is you have to keep it nicely and the fee have to be low enough to attract people to subscribe.The set-up like that is good for:1/ Profitable traders with small capital so they the earning from subscribers' fee is meaningful to them. 2/ Profitable traders want to reach out to investors.3/ Not really a profitable traders but who ever happen to have a few months of profitable account to publish there to get extra income. He/she may have many accounts, he/she only post the one that have been profitable for a few months, not sure about after that (M...
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