FX Amplified - Nick's Account (ForexSignals.com (de NickMcDonald)
El usuario ha borrado este sistema.
Discusión FX Amplified - Nick's Account (ForexSignals.com
Miembro desde Jan 25, 2010
posts 1288
Jun 17, 2013 at 06:31
Please provide a subscription link somewhere! I don't know how I subscribed before, but I can't seem to resubscribe!
Miembro desde Jul 05, 2011
posts 301
Jun 18, 2013 at 03:24
The signal is no longer being sold. They will be putting together a PAMM account soon.
Miembro desde Jul 05, 2011
posts 301
Jul 04, 2013 at 14:46
Drawdown isn't looking good
Miembro desde Jul 05, 2011
posts 301
Jul 09, 2013 at 14:41
I guess easy come, easy go. 😲
Miembro desde Apr 22, 2010
posts 122
Jul 09, 2013 at 14:42
terrible...
forex_trader_118239
Miembro desde Mar 23, 2013
posts 21
Jul 11, 2013 at 06:05
July's a bad month. terrible....
Miembro desde Oct 27, 2011
posts 59
Jul 11, 2013 at 10:54
We finally picked up a winner today. The recovery begins :)
Find your passion and work hard
Miembro desde Jul 05, 2011
posts 301
Jul 11, 2013 at 13:47
NickMcDonald posted:
We finally picked up a winner today. The recovery begins :)
I sure hope so Nick . . . there is a long way to go.
Miembro desde Oct 27, 2011
posts 59
Jul 11, 2013 at 14:45
A second winner only 20mins ago.
I think we'll be back above watermark high within the next 3-4 weeks.
I think we'll be back above watermark high within the next 3-4 weeks.
Find your passion and work hard
Miembro desde Jul 05, 2011
posts 301
Jul 16, 2013 at 15:53
Another wonderful trade . . .
Jul 16, 2013 at 19:49
Aplmustdie posted:
Another wonderful trade . . .
If this trade doesn't win I think I'll stop until new high water mark. Then I can have trust in the trader again.
5-15pip TP with 50+ SL can be 10:1 r/r and that can take a long time to recover if ever.😞
Miembro desde Jul 05, 2011
posts 301
Jul 23, 2013 at 17:21
uk_max posted:
shouldn't the drawdown be about 50% and not 25%?
Your account had almost 100% gain ( $8,000 profit ) and now its near 50% gain. Only shows a 25% loss in the month of July while you missed out on 4k profit banked profit 😳
Drawdown is based on the size of the entire account, not just the profits.
Miembro desde Apr 22, 2010
posts 122
Jul 24, 2013 at 07:54
(editado Jul 24, 2013 at 07:58)
hold&pray
the only worse than that is "averaging"
3 months are in the bin already (that is only for those happy ppl which are from the beginning of it...)
the only worse than that is "averaging"
3 months are in the bin already (that is only for those happy ppl which are from the beginning of it...)
Miembro desde Apr 22, 2010
posts 122
Jul 31, 2013 at 19:04
no stops? even mental....????
Miembro desde Jul 05, 2011
posts 301
Aug 07, 2013 at 19:27
mirusevxs33 posted:
no stops? even mental....????
There's a stop, he just keeps moving it, 😉
forex_trader_88964
Miembro desde Aug 24, 2012
posts 112
Aug 07, 2013 at 19:37
I don't understand how some people can follow you really....
Aug 07, 2013 at 20:27
Guys,
The chart looked pretty, but this drawdown was inevitable. You cant have an average loss 2x your winner. You will ultimately lose money. It means that you need to have 2 winners for very loser just to break even.
You would be better off talking fewer winners and managing your losses. A robust trading system should have the average winner greater than he average loser. If the w/l ratio was in reverse and focused on having each winner 2x each loser, then you would have a sustainable profitable system. 30% drawdown is unsustainable and will happen again using the current methods.
A small change in the w/l % will cause you to lose money under the current system. Everyone looks for the Holy Grail. Well, here it is. Focus on the average winner being greater than the average loser. Thats the Holy Grail. If your average winner was 2x your average loser, you would only need to have 33% winning trades to break even.
Thats the real deal.
The chart looked pretty, but this drawdown was inevitable. You cant have an average loss 2x your winner. You will ultimately lose money. It means that you need to have 2 winners for very loser just to break even.
You would be better off talking fewer winners and managing your losses. A robust trading system should have the average winner greater than he average loser. If the w/l ratio was in reverse and focused on having each winner 2x each loser, then you would have a sustainable profitable system. 30% drawdown is unsustainable and will happen again using the current methods.
A small change in the w/l % will cause you to lose money under the current system. Everyone looks for the Holy Grail. Well, here it is. Focus on the average winner being greater than the average loser. Thats the Holy Grail. If your average winner was 2x your average loser, you would only need to have 33% winning trades to break even.
Thats the real deal.
Miembro desde Apr 22, 2010
posts 122
Aug 26, 2013 at 20:07
Aplmustdie posted:😲mirusevxs33 posted:
no stops? even mental....????
There's a stop, he just keeps moving it, 😉
