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Genesis (By FranceFX)
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Genesis Discussion
Feb 26, 2013 at 11:59
Member Since Jan 30, 2013
137 posts
Hello Traders! I got few messages regarding my trading, and i want to clarify few things here: First, this is manual trading using demand and supply areas as well as fibs expansion and retracements. As you can see up to this point (26 February 2013) the max DD was 59.82% - but also you can notice that the equity never dropped under initial capital, in other words the suffered DD was 'on market money'. Initial capital was 100.000euro and when i got some profits i used those profits to make more profits. In this way, the risk i take is not on 'original capital', the main goal is to protect the investment while making money. Hope that helps! :)
Who Dares WIns
Mar 14, 2013 at 17:09
Member Since Jan 30, 2013
137 posts
This is the game plan for this account:
Invested capital: 100.000 euros
Max Risk: 30.000 euros
Target: 1.000.000 euros
Strategy applied: breakouts, scalping, swing trading, averaging, etc.
Time limit: 1 year or more...depend on volatility and our abilities to take profits out of FX market.
Invested capital: 100.000 euros
Max Risk: 30.000 euros
Target: 1.000.000 euros
Strategy applied: breakouts, scalping, swing trading, averaging, etc.
Time limit: 1 year or more...depend on volatility and our abilities to take profits out of FX market.
Who Dares WIns
Member Since Apr 10, 2013
13 posts
Apr 24, 2013 at 13:49
Member Since Jan 30, 2013
137 posts
Hi ! We encountered some unpleasant experience with our broker, hence we put the account on stand -by and we made it private until things would be sorted out! Finally , we sorted out!
We had last week a spike on all EUR/USD that killed the account, and meanwhile we tried to sort it out with our bank and all the shit resulted from here.
As you wan see on attached picture, EUR/USD had a spike down from 1.3031 to 0.6243 ..YES=0.6243! and that killed the account!! Both accounts we had on this broker (both Exodus and Genesis accounts).
Now all positions was restored to their initial position and account is fine, we have a Balance=Equity = €1054055.92
BUT...on myfxbook stats, there is still showing that spike as negative loss..we tried to fix it but i guss there is nothing we can do about it.
We still have the permission to trade on this account (from owner point of view), and we put a hard STOP LOSS on account at €500.000.
We want to go further; to see how much we can achieve until end of year.
Good trading to all!
We had last week a spike on all EUR/USD that killed the account, and meanwhile we tried to sort it out with our bank and all the shit resulted from here.
As you wan see on attached picture, EUR/USD had a spike down from 1.3031 to 0.6243 ..YES=0.6243! and that killed the account!! Both accounts we had on this broker (both Exodus and Genesis accounts).
Now all positions was restored to their initial position and account is fine, we have a Balance=Equity = €1054055.92
BUT...on myfxbook stats, there is still showing that spike as negative loss..we tried to fix it but i guss there is nothing we can do about it.
We still have the permission to trade on this account (from owner point of view), and we put a hard STOP LOSS on account at €500.000.
We want to go further; to see how much we can achieve until end of year.
Good trading to all!
Who Dares WIns
Apr 24, 2013 at 13:49
Member Since Jan 30, 2013
137 posts
Here is the attached picture of that spike EURUSD! (we have that spike down on EURUSD EURJPY EURGBP GBPUSD)
Who Dares WIns
Apr 24, 2013 at 13:50
Member Since Jan 30, 2013
137 posts
OK..we managed to put the account up under another name and here it is:
GENESIS RELOADED
https://www.myfxbook.com/members/FranceFX/genesis-reloaded/552148
GENESIS RELOADED
https://www.myfxbook.com/members/FranceFX/genesis-reloaded/552148
Who Dares WIns
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