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alex4xes
Contest - riyaz22
in
Trading Systems
Jun 11, 2012 at 09:12
Pitagora,Agreed with your thoughts & thanks for sharing the knowledge but I want to correct you with your thinking about me. I never said that I am right & others are wrong, if you go through my previous comment you can see I have clearly mentioned that this is how I know & if you know anything better I am ready learn. I have never claimed I am genius as I am not. I have started new & working hard to make it a profession, so any good thing, I am ready to learn. You are absolutely right, I trade fixed lot most of the time with fixed SL & I am doing pretty good with my strate...
Contest - riyaz22
in
Trading Systems
Jun 01, 2012 at 16:23
riyaz,Congrates ! First time I am seeing 1st & 2nd place going to Indian. Maybe your country people are developing fastly in this field too.
Contest - riyaz22
in
Trading Systems
Jun 01, 2012 at 16:21
Profix,I understand MM in this fashion as I have been taught so, if you know what MM is, then I would definately like to learn how you describe MM. By the way, I definately new to forex by not as experienced as you are but I have managed to earn my living through forex on my own. I have added my demo account which is not much impressive as my live account but you can check it so know how I trade. I dont want to update my live account for debating so I have uploaded my demo, but my live is more better than demo. By the way I checked your accounts, good...but doest define you as you write too m...
Contest - riyaz22
in
Trading Systems
May 29, 2012 at 13:27
profix,negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.for example,if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not y...
Contest - riyaz22
in
Trading Systems
May 29, 2012 at 13:23
riyaz,.I didnt comment anything about your signals. Please dont take it otherwise. I just stated what I think of you as of now & what I expect from you in future, if at all you are interested to continue any of demo result in myfxbook. I wanted that people can start talking in terms of pips that all I wanted, nothing more & nothing less. And regarding best person I would rate twin with 100 points & you with 95 points, -5 points to you for avg losing pip is more than avg winning pips.Allah bless all..Cheers...
Contest - twins
in
Trading Systems
May 29, 2012 at 12:38
twins,awesome trading man....impressive result ! I have only one thing to see that is your trading during non trending market. But having said that you are the man, big applause to you.But I too do not get the concept of drawdown shown in your account, you have no single losing trade then how you account can have absolute drawdown ??? Can myfxbook can confirm why drawdown is shown here in this account ??
Contest - riyaz22
in
Trading Systems
May 29, 2012 at 12:21
riyaz,1st of all I would like to congratulate you for your achievement. I have seen many competition where people have made 5000% to 8000% but you have won this contest 24 days before contest gets over, for me thats impressive. I know not many will use SL & TP in contest account & no body will use lot size according to money management, so for me % change in equity is nothing & DD of account is nothing in contest account, what I look is W:L ration & avg pips of winning trade & losing trade. You have done pretty well in W:L ratio but avg pip in losing & winning trade is ...
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