Scali-Fxdd-3 (de scali)

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Discussion Scali-Fxdd-3

Sep 14, 2009 at 12:32
Vues 968
5 Replies
Membre depuis Sep 02, 2009   posts 23
Sep 16, 2009 at 01:00 (édité Sep 16, 2009 at 01:00)
Hello,

Would love to gain information on your system.

Thanks in Advance,
cwave
Membre depuis Sep 12, 2009   posts 9
Sep 16, 2009 at 05:49
Can we also see the floating loss. Seems to be quite a big floating DD???????
Membre depuis Aug 30, 2009   posts 24
Sep 16, 2009 at 06:27
Can you tell me what EA are you using?
SL 1000pips quite high risk<img src='https://static.myfxbook.com/images/smiley-eek.png' alt='😲'/>
Membre depuis Aug 31, 2009   posts 131
Sep 16, 2009 at 06:53
If the trade size is small 1000 pip stoplosses can actually work since they get hit so rarely. Most people will accept 30% drawdown so that gives you 3 hits of 0.10 lotsize on a 10k account. Usually that wont happen (look at his drawdown) and if you're playing other currencies they can blunt the edge by continuing to win while you're waiting for the 10% hit. The main drawback is a 1K stop will leave you with trades open for weeks until they come back to profit.
It ain't easy being Cheesy!
Membre depuis Aug 30, 2009   posts 24
Sep 16, 2009 at 07:19
Yup...the idea is to wait 1000pips for profit..but don't forget some time we need to wait for months to get back profit.

I also curious with such wide SL why no opening trade at all?
Membre depuis Aug 31, 2009   posts 131
Sep 16, 2009 at 08:16 (édité Sep 16, 2009 at 08:22)
He has open trades. They're just private so we cant see them. If you subtract the Balance($4263.45) minus Equity($3116.38) then you'll see he's in -1,147.07 of drawdown right now (26.9% DD). Why hide it? LOL! - Don't be ashamed of the ugliness since they usually work out anyway.
It ain't easy being Cheesy!
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