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Updated:
Depot at 2009-November-06 . TOTAL: + 12'582.34 $
Profit since 2009-November-06 - TOTAL: + 2'582.34 $ - but is this reality?.
see attachment # 6
see #9 the warning, please.
Kindest Regards
Last edited by chris_swiss; 11-12-2009 at 11:20 PM.
If you hear from anyone that making money in Forex is easy, do not believe it.
It is a myth.
The truth is - being profitable in Forex requires a lot of work, dedication, practice, an excellent discipline, sharp knowledge of money- & risc-management and understanding of the psychology of your own coping style and of the currency market.
You have a balance on closed trades of 22700$ and you have a floating loss of 10K$. That is a drawdown of 44%!! on your equity.
Who can ever be interested in this kind of trading ??...
It is always the same problem with these kind of trading styles or systems. Doubling up your account in a couple of days but if you have some drawdown you loos half of your account in 24 hours.
In one of your postings you say: being profitable in Forex requires a lot of work, dedication, practice, an excellent discipline, sharp knowledge of money- & risc-management...
I believe that you should read your own posting again. Your results have nothing to do with risk management. On the contrary if one can loos 50% of his balance over a couple of days then that it is pure gambling without stoplosses and hoping that price will always come back.
Instead of a trader with risk management you should become a croupier in the casino of Montreux.
Regards....iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
You have a balance on closed trades of 22700$ and you have a floating loss of 10K$. That is a drawdown of 44%!! on your equity.
Who can ever be interested in this kind of trading ??...
It is always the same problem with these kind of trading styles or systems. Doubling up your account in a couple of days but if you have some drawdown you loos half of your account in 24 hours.
In one of your postings you say: being profitable in Forex requires a lot of work, dedication, practice, an excellent discipline, sharp knowledge of money- & risc-management...
I believe that you should read your own posting again. Your results have nothing to do with risk management. On the contrary if one can loos 50% of his balance over a couple of days then that it is pure gambling without stoplosses and hoping that price will always come back.
Instead of a trader with risk management you should become a croupier in the casino of Montreux.
Regards....iGoR
Hi iGoR
You're right!
It signifies a ruinous Trading Strategy.
My intention is to reduce High Risc Level Trading to absurdity.
It should be a warning that behind a normal name like "Manual Trading System - Zürich" could stand throughout a comment in the subtitle like "Trading Style: High Risc Level" a ruinous Trading System!
I think you are intelligent and you can understand what you read on this thread here: "High Risc Level".
But I wonder, that this Trading Style has received a chance to point on this thread. Why...?
It's very dangerous and it's bad manners that unverified systems can stay here in focus. It's worth fighting them.
You're the only first person now who give this system no chance!
see #9, please.
I quite agree!
My sentiments exactly!
I couldn't agree with you more.
Kindest regards
Last edited by chris_swiss; 11-12-2009 at 11:16 PM.
Manual Trading System - Zürich - RAS ID: 21732
Typical Crash Down !
Linear Mode
