Quote:
Originally Posted by zupcon
I'm not a member of Igor's group, but in fairness to Igor he's always been completely open about the potential drawdowns. From what Ive seen posted publically, a key component of the methodology is based on using high leverage in an attempt to protect the account, sizable drawdowns where inevitable.
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Yes except that Igor was mentioning drawdowns around 3000 pips (post 912 for instance) and somebody here said it was 8000 pips lately. So let's see if it is confirmed but if it is, it clearly means that Igor was not in control of his system at all.
About drawdown several people were posting to alert on that subject. But as I said we cannot convince people who don't want to be convinced. They want to check if the stove is hot. I guess that now the ones that get burned are convinced but I am sure that some others are still not convinced about the dangers.
Let's hope that Igor will communicate soon. There was a very clear pattern in Igor's communication. No post for summary after a losing day and then if the next day is a winning one you post the results of both days. Now no posts during many days so clearly it is a bad sign.
But let's see what Igor will say when he will break the silence (if he makes a new system after Zorro, Matrix he should choose the Silence of the Lambs as a title)