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GPS Robot FxChoice 100k
v
Obchodné systémy
Sep 12, 2018 at 13:41
Just one more message, so the risk in this system is clear.If the EURUSD has a big downward move, lets say 200-300 pips on a Thursday at about 1:00 AM onwards before it has a few (2 to 10) pips upward move YOU ARE BROKE!Now how probable it is for this to happen? I guess not too much, BUT.. When it happens.. you shall see the disaster. You've been warned!Wikipedia says: "The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hind...
GPS Robot FxChoice 100k
v
Obchodné systémy
Sep 12, 2018 at 06:51
I can understand Roman's concern with this trading system. It's nice that you have survived all this years. The strategy looks quite simple. Buy EURUSD at a quiet time, like thursdays at 1:00 AM, no news, no traders, and get a few pips from the market. You set a Stop loss of about 90 pips. If this Stop is hit, you just place a huge trade on the opposite direction. You only trade once a week, so your exposure is minimal.Mark, just admit that you shat your pants when your average weekly profit was 1 thousand, and suddenly you found yourself with a hundred grand drawdown on May 2016. YOU...
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