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OLD WallStreet EUR33+GBP30
på
Trading System
Aug 01, 2013 at 20:27
Huge difference yesterday: The trade on the 31th at 21.00 here made a profit of 26.9 pips, whereas in my account with FXCM it was stopped out with a loss of 37 pips. (The normal sl of the robot). This is a difference of 64 pips, which means a whole month's profit. If we get differences like that (never of course to our advantage), we will never make profit here even with a good trader or robot.
Long Term ST
på
Trading System
Jul 17, 2013 at 19:29
I think it is the best to stay away from trading during news like today (Bernanke's speech). It just gambling and the chances are not even fifty/fifty.
Vagalume
på
Trading System
Jul 17, 2013 at 19:29
After I had written my comment there were another two trades, after the first was stopped out, you reopened the same trade again, and again it was stopped out. I don't know what happened to you today, my impression is, that you just couldn't accept the losses and stuck to your trades. This is a mental trap for manual traders, not accepting the losses and try to cover them at once, it is a vicious circle. I hope you can cope with this. Good luck.
Vagalume
på
Trading System
Jul 17, 2013 at 19:26
Sorry to write again, but I just cannot understand why you are not able to stay away from trading during news. Yesterday you lost, today you opened a trade after the 14.30 news, it was stopped out, some minutes before Bernanke's speech you reopened the same trade, which was stopped out during the speech again. I don't mind losses, it is part of trading, but these are unnessary losses.
Vagalume
på
Trading System
Jul 16, 2013 at 07:24
Thank's for your comment, I think it is very important to have some communication between the trader and the followers. I think the comments here are very constructive (compared to other forums). We wouldn't follow you with our own money if we wouldn't believe that your are a good trader.
Vagalume
på
Trading System
Jul 15, 2013 at 15:56
This is actually a thing, I cannot understand as well. The trade was in profit before the news, why gamble that way? Is it strategy or just unattentiveness? You are trading so well, but this is unnecessary. Closing a trade in a fast movement like during news leaves us followers with a worse result than the masteraccount because of the slippage, maybe you are not aware of this.
Vagalume
på
Trading System
Jun 08, 2013 at 09:20
The USDJPY trade (16:21) with 64 pips wasn't copied into my account, I only had the loss of the GBPUSD trade. The other way round would have been better. It seem's that the resullts of your account and those of the followers will be very different. It would be nice, if we get some explanations about this.
Vagalume
på
Trading System
Jun 07, 2013 at 13:04
I like your trading and your low drawdown till now, but I don't understand why you open a trade before the NFP news, this is gambling.
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