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FX Amplified - Nick's Account (ForexSignals.com (Od NickMcDonald)
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FX Amplified - Nick's Account (ForexSignals.com Diskusia
Členom od Jan 25, 2010
1288 príspevkov
Jun 17, 2013 at 06:31
Členom od Jan 25, 2010
1288 príspevkov
Please provide a subscription link somewhere! I don't know how I subscribed before, but I can't seem to resubscribe!
Členom od Jul 05, 2011
301 príspevkov
Jun 18, 2013 at 03:24
Členom od Jul 05, 2011
301 príspevkov
The signal is no longer being sold. They will be putting together a PAMM account soon.
Členom od Jul 05, 2011
301 príspevkov
Členom od Jul 05, 2011
301 príspevkov
Členom od Apr 22, 2010
122 príspevkov

forex_trader_118239
Členom od Mar 23, 2013
21 príspevkov
Členom od Jul 17, 2012
274 príspevkov
Jul 11, 2013 at 06:58
Členom od Jul 17, 2012
274 príspevkov
not just july i presume...
Past experience usually helps present self
Členom od Oct 27, 2011
59 príspevkov
Jul 11, 2013 at 10:54
Členom od Oct 27, 2011
59 príspevkov
We finally picked up a winner today. The recovery begins :)
Find your passion and work hard
Členom od Jul 05, 2011
301 príspevkov
Jul 11, 2013 at 13:47
Členom od Jul 05, 2011
301 príspevkov
NickMcDonald posted:
We finally picked up a winner today. The recovery begins :)
I sure hope so Nick . . . there is a long way to go.
Členom od Oct 27, 2011
59 príspevkov
Jul 11, 2013 at 14:45
Členom od Oct 27, 2011
59 príspevkov
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
Členom od Jul 05, 2011
301 príspevkov
Členom od Nov 07, 2012
85 príspevkov
Jul 16, 2013 at 19:49
Členom od Nov 07, 2012
85 príspevkov
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.😞
Členom od Nov 07, 2012
85 príspevkov
Jul 23, 2013 at 13:48
Členom od Nov 07, 2012
85 príspevkov
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 😳
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 😳
Členom od Jul 05, 2011
301 príspevkov
Jul 23, 2013 at 17:21
Členom od Jul 05, 2011
301 príspevkov
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.
Členom od Apr 22, 2010
122 príspevkov
Jul 24, 2013 at 07:54
(upravené Jul 24, 2013 at 07:58)
Členom od Apr 22, 2010
122 príspevkov
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...)
Členom od Apr 22, 2010
122 príspevkov
Členom od Jul 05, 2011
301 príspevkov
Aug 07, 2013 at 19:27
Členom od Jul 05, 2011
301 príspevkov
mirusevxs33 posted:
no stops? even mental....????
There's a stop, he just keeps moving it, 😉

forex_trader_88964
Členom od Aug 24, 2012
112 príspevkov
Aug 07, 2013 at 19:37
Členom od Aug 24, 2012
112 príspevkov
I don't understand how some people can follow you really....
Členom od Aug 07, 2013
23 príspevkov
Aug 07, 2013 at 20:27
Členom od Aug 07, 2013
23 príspevkov
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.
Členom od Apr 22, 2010
122 príspevkov
Aug 26, 2013 at 20:07
Členom od Apr 22, 2010
122 príspevkov
Aplmustdie posted:😲mirusevxs33 posted:
no stops? even mental....????
There's a stop, he just keeps moving it, 😉

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