check my protfolio and give me your opinion
Menjadi Anggota Sejak May 30, 2010
62 postingan
Dec 12, 2011 at 23:36
(diedit Dec 12, 2011 at 23:36 yang lalu)
MANGFX posted:
mr voffi
if you have 20000$ and have 0.1 at market are you going to looooooooose you money at eur usd (buy , sell )
sure you are not
that is not the point of my question but yes, if your trades have a floating loss of 33% then I think you're a good way there..
so......
we know that this currency is going back to you if you have a weak account you opinion is right
but if you have strong one then you will be stronger than market
have you heard of position sizing my friend? Really doesn't matter how big your account is. Risk can stay virtually the same percentage wise.. given that you use a stop loss
In reality success in the forex market is not based on your account balance , but the ability to trade that account balance with minimal risk whilst being long term profitable.
After a quick peek at yourfxbook again, seeing how patient you are with your losing trades worries me.
The majority of your trades are within the 8 day mark which is fine, but what stands out is the fact that of the 30 trades which you hold longer than 8 days, 7 of which were in profit whilst the other 23 are a loss. The longest you've held a profitable trade is 23 days versus almost 33 days with the losing trade. Seems to me you're more patient with your losers than your winners =/
I have just one question for you
What is the biggest loss you will accept in a trade percentage wise before you close it?
p.s. please be careful when boasting you're stronger than the market :P it might decide to bite a chunk of your capital when/if you have those big floating losses available to it again...
Best regards, Stefan.
A person is only limited by the thoughts he chooses.
Menjadi Anggota Sejak May 30, 2010
62 postingan
Dec 13, 2011 at 00:31
let me rephrase my question.
At which point percentage wise would you close a floating loss?
At which point percentage wise would you close a floating loss?
A person is only limited by the thoughts he chooses.
Menjadi Anggota Sejak Jan 22, 2010
2 postingan
Dec 13, 2011 at 01:26
Your account is not public, Here is my system
https://www.myfxbook.com/members/wenari/strategy-zxz/162924
https://www.myfxbook.com/members/wenari/strategy-zxz/162924
Menjadi Anggota Sejak Jan 28, 2010
9 postingan
Dec 13, 2011 at 04:32
MANGFX posted:
this is real account every thing is public any one who want his account to be manged just email me and i will see what i can do for you https://www.myfxbook.com/members/matrool/mosab-obeed/205839
well bro, what happened to this so called "everything is public" account of yours when u hv set few things to private all of a sudden.my good advice will be, next time just trade the trend.don't go against it or do not try to predict any bottom or top coz that will be your biggest mistake.but since u r not using SL and forex is more important than your family or might even your normal life, you can just sit,sleep,eat or anything while looking at the price and never to loose it from your sight.i'm not really angry, but there is something that u should know to be a so called "good trader" and most important is do not try to brag.once again, i'm not angry, but just trying to be a "good trader".😄
MM,Consistency n everything will be fine as long as u can control ure EMOTION...
Menjadi Anggota Sejak Dec 12, 2011
14 postingan
Dec 19, 2011 at 17:35
(diedit Dec 19, 2011 at 17:36 yang lalu)
a dumb man is more dangerous than a hundred rats
Menjadi Anggota Sejak May 30, 2010
62 postingan
Dec 19, 2011 at 19:37
popcorn11 posted:
https://www.myfxbook.com/statements/210436/statement.html
100 pip SL for 3 pip TP? 3 pips around 0.60% of your equity? that means you're risking around 20% of your account on each trade, Thats a lot dude.. But hey, whatever floats your boat.
A person is only limited by the thoughts he chooses.
Menjadi Anggota Sejak Dec 12, 2011
14 postingan
Dec 19, 2011 at 20:37
Voffi posted:
popcorn11 posted:
https://www.myfxbook.com/statements/210436/statement.html
100 pip SL for 3 pip TP? 3 pips around 0.60% of your equity? that means you're risking around 20% of your account on each trade, Thats a lot dude.. But hey, whatever floats your boat.
yes that was demo scalping with PipsBunker EA..
bogus actually.. to lower lotsize...
a dumb man is more dangerous than a hundred rats
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