MIDAS4 (By forex_trader_1947)

The user has deleted this system.

MIDAS4 Discussion

Oct 23, 2009 at 15:53
782 Views
1 Replies
Member Since Feb 17, 2010   33 posts
Mar 01, 2010 at 19:26
what happened the last month any ideas thats a massive loss?
Member Since Oct 22, 2009   84 posts
Mar 03, 2010 at 23:08 (edited Mar 03, 2010 at 23:23)
The subscriber set their drawdown percentage far to high (50%) Open trades closed when they reached their limit. Had they have not set it to 50% and waited, the gbp/usd came back up having taken a bit of a drop and it would have closed trades taking profit.

I prefer to have mine set at 100% and take the profit once doubled (about 42 days on standard settings!)
When everything else out there is just not good enough, design your own! MIDAS
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.