chesterjohn

Joined Apr 03, 2018

Posts: 15

Connections: 0

Experience: Less than a year

Location: United Kingdom

Profile

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Systems by chesterjohn

Name

Gain

Drawdown

Performance

Live Trading

Real

1:30

MetaTrader 5

+498.03%

62.61%

Recent Posts

Opinions on ESMA & Financial Markets

0.5 lots on a £100 account? I can't work out if that's a clever way of setting a trade or not... It goes in the right way and you make a large percentage quickly. It goes in the wrong way and you get a margin call almost immediately. Not much room for volatility though!

5508

Jul 08, 2018 at 05:58

Hi, Can someone give me a tips, new trader here, starting on demo account

I doubt you can trade that way on a real account and be profitable. Trading 50 lots on a real account could blow it all in seconds. Not only that, but you won't get the price shown on the charts, because the trade size is huge and will end up going through with a ton of slippage. Demo accounts do...

3353

Jul 06, 2018 at 10:02

The wind is changing

Not to doubt your mystic powers, but when you posted that, it was at 1.195+. So it hasn't actually gone anywhere yet. Analysts seem to suggest it will go up though, so you will probably be right :)

5299

May 13, 2018 at 07:39

Show your profitable account here.

Thanks, that's what I understood. So 30% dd seems scary and not normal

303401

Apr 27, 2018 at 07:49

Show your profitable account here.

Can somebody just clarify something for me, please? Are drawdowns the amount of equity you currently have invested, or the amount you would lose if you closed your trades right now?I thought it was the latter, in which case 30% dd means you are 30% in a hole. Seems a large pecentage of your accou...

303401

Apr 26, 2018 at 07:02

chesterjohn'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	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845