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BenNathanFX
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Trade of the Month
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Apr 25, 2015 at 08:31
ZZZZZZZZZZZZZzzzzzzzzz
Trade of the Month
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Apr 24, 2015 at 22:29
Your pattern shows a messed up account (a worthless demo at that) which has a huge drawdown and basically means nothing to investors - you let a robot do the trading for you ! Says it all.Tried to offer some nice advice but some are just too arrogant to take it - I wish you all the best crazy trader . But i cba to debate when words fall on death ears....
Trade of the Month
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Apr 24, 2015 at 21:12
We'll seeRegarding your obsession with scalping every single trade on my account was a stop order with pre determined sl and tp so actually I don't scalp on this account - I base my trades on simple logic and an investment approach when choosing pairs - that's why I don't show horrific draw down like you do and also why my equity curve is so much smoother than yours - let's compare accounts in another 3 months and see 1) who is on top and 2) who has the most investors ;)
Trade of the Month
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Apr 24, 2015 at 15:46
This is a good call - the reason why it should drop is because 1) While the CAD has been weak lately it is because of the oil decline - however underneath all of that the non energy Canadian exports are rising as is employment, and the demand for CAD is growing especially from the USA.2) The RBNZ Depty Gvnr has been talking down the currency saying that as well as rate hikes being OFF the cards right now, rate CUTS are something they may have to consider in the mid term.... Strong Cad + Weak NZD = Bearish NZDCAD pair in the mid-longer term...***Always good to know the reason why a pair could b...
Instaforex?
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Apr 24, 2015 at 15:33
@CrazyTrader apologies if I caused offense, it was just some friendly banter. :) No offense meant - ultimately all traders are different - one thing I can tell you for sure though - you wouldn't be looking at 40% draw-down if you did some fundamental research before hitting the order button on some of those pattern setups... I honestly think you will struggle to find any serious investor with 40% DD.... When I say serious, i'm talking about worthwhile investors that you can actually make a living from, i.e. 200K upwards, not pointless 10k accounts that you simply cant make a living fro...
FX Manager Listing Board
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Apr 24, 2015 at 15:18
I've been fund managing for a while but as investors know - most clients dont want their accounts plastered on the net for obvious reasons. SO i've started my own account just to get some verified stats - feel free to add to the watch list as in 3-6 months ill be taking on more clients (trading under a regulated company and fully NFA FIFO compliant) if you want to get in touch then.References also available. (Background = Trading 5 years and also mentoring via Forexmentor.com and my own websites for several years).To repeat, not taking any more on right now but will be in several month...
Golf?
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Apr 24, 2015 at 15:13
Hope this is posted at the right place - just wondering, do we have any golfing traders from the Midlands area?Would be cool to hook up with people in the future and talk trades over golf etc - i'm guessing there's many like me who after trades are done nice and early the day is yours to play with - when all your friends work full time its hard finding Golf buddies who have the same level of freedom....So anyway kinda trading related post - feel free to add comments and inbox me if in the Midlands/Staffs areas in the UK. Lichfield Golf and Country Club is pretty central and a nice litt...
Instaforex?
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Apr 24, 2015 at 14:56
so they are basically saying if you make 10% from a news release trade then you're in trouble - well I only look for 2% with 1% risk outlay so that explains why I've had no issues, and there's no gambling here - actually I study bank feeds, ransquawks high level analysis and in the past the Bloomberg feeds to get a high level fundamental picture of the markets which enables me to pick the right pairs at the right time to trade as opposed to blindly following some pattern and hoping for the best...I'm a big advocate against gambling traders, in-fact i blog about it a lot, and ha...
Instaforex?
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Apr 24, 2015 at 14:23
I'm not being funny but results talk - every single one of my trades is less than 5 mins and they've taken no profits from me - check the trade times and durations and you'll see for yourself that I'm trading the news , and it's live account and verified results - so rather than get into a debate I invite you to follow my account and let the results do the talking
EUR/USD
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Apr 24, 2015 at 08:44
The whole thing is a mess - some poor counterpart PMIs, Greece saying they are close to reaching a deal with creditors, ECB Draghi saying he "Hopes" that they sort it but then analysts putting odds of a forced Greek exit at above 50/50....Personally i'm avoiding the Euro until its a little more stable - i prefer to "invest" . I think the Euro will be a bumpy ride for a while - good for the short term traders and scalpers, but I wouldn't want to be watching any long term trades ! lol. I also thing the GBP will get bumpy too - remember when the GBP used to react in li...
Any uk based programmers out there?
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Apr 24, 2015 at 08:01
Ive been using a guy by the name of "Snorms" who is over at www.for-exe.com - he is uk based, English, and does a dam good job.
Instaforex?
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Apr 24, 2015 at 08:00
Hi there, Ive heard some bad things about Instafx - however, i have been using them for 3 months now and I trade THE most volatile periods.... and they have been out performing FXCM, FXpro GKFX and iron FX in terms of execution, low slippage and stable spreads... im only 3 months in but feel free to take a look : http://www.myfxbook.com/members/BenNathanFTA/ben-nathan/1172397
I want only a safe 4% each month... Which EA?? Thank you
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Apr 24, 2015 at 07:10
How about a hybrid - im spending about 5 mins a day at charts on my account, trading purely FXNT set ups.Average is bettering 4% a month, max risk is 1% and DD is just over 2%.http://www.myfxbook.com/members/BenNathanFTA
EUR/USD
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Apr 23, 2015 at 17:51
Nice technicals but they could mean absolutely nothing when it comes to tomorrow's euro group meeting
Show your profitable account here.
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Apr 23, 2015 at 17:45
It isn't a case of knowing nothing, your account shows almost 30% drawdown in one month which is horrific - Im just offering advise that you are over leveraging and will blow your account - it's up to you what you do with th advice but I wish you the best
Show your profitable account here.
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Apr 23, 2015 at 11:00
Oh my god! 30% drawdown in one month.... 26 losses needed for a complete blown account - haha I would NOT put my name to this let alone try and advertise it lolA great example of the damage that follows over leveraging and just plain dangerous trading !
Killing it this Year :) and theres 1 reason behind it...
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Apr 23, 2015 at 09:16
Awesome - ive been thinking about a driver upgrade - i have the Taylormade Burner 2.0 but had to get it customized somewhat - i.e. new shaft with shorter length (45" rather than 46.5") and counter balanced... made a big difference to my slice in terms of improvement but my max distance is about 245 yards (dunno how good or bad that is).In terms of irons, from what ive heard and read, there isn't any difference between the the G25/30 apart from a tiny variation to the toe balance - ive had a go and they feel the same so id go G25 - but if you're shooting under 80 you'll be...
Killing it this Year :) and theres 1 reason behind it...
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Apr 22, 2015 at 19:39
Haha very true though we should keep an ongoing comparison and I bet after 6 months I win mwahahahahaha76 - awesome.I'm still very new to the game so I'm shooting 106s - got some g25 irons which have made a big difference
Killing it this Year :) and theres 1 reason behind it...
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Apr 22, 2015 at 16:10
HAHA fair play... but can you do it manually if push comes to shove? :pAlso my equity curve is so much sexier LOL!In seriousness, hope you had a good game mate!
Show your profitable account here.
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Apr 22, 2015 at 16:08
Thanks for the kind compliment - to be honest since the Alpari mess ive been testing a few brokers out - in fairness so far Insta have been the best in terms of tight execution/low slippage etc but it is still early days. Im also trialling FXCM and GKFX.I did try FxPro but ditched them.Next on the list - Iron FX.
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