Dax, thanks for the clarification. The age old problem of DD still remains then! I was hoping you had made a breakthrough What happens if it goes to beyond -10k or even -20k. You must have some 'pull the plug' value. No one like accepting a loss, ...

$10,000 Profit a Month Personal Challenge

Thanks for your comments. It seems to me that if the loss is not taken at -$6000 then you would be hoping it does not go to -$7000. Reducing lot size means it will have to retrace even larger number of pips if you are to come out alive. It may stay ...

$10,000 Profit a Month Personal Challenge

Thanks Dax. So it looks like you let things roll until the DD is at 3000 pips or about -$6000, and then you close those trades, take the loss, and restart. Is that the case?

$10,000 Profit a Month Personal Challenge

Hi Dax, Thanks for you enthusiasm in setting up this thread, and showing that being profitable can be done! I have a question regarding drawdown if you can explain your approach. We all know that regardless of the system, trend, retracement, etc. ...

$10,000 Profit a Month Personal Challenge

Any fool can get some search results. The skill then is to decide if they are correct. Probably get more with search term like %ar% You will get the correct answer at harry99 profile. Don't appologise. Regards, %arry%

Falling Knives

Hi Magix, If you check my posts you will see that the only posts other than the last few to you, was one to dragonexpert where I suggested he might consider showing his EA code so that improvements could be suggested by everyone. It turned out that ...

Falling Knives

Hi Magix, Thanks for the feedback. I think I can detect a change in tone, bit like when a non believer just will not believe when shown the True Light. I can see that you are confident that you can master this, but I am not so sure. When your logic ...

Falling Knives

Hi Magix, To a large extent we are still hanging in there together, but there are a few cracks starting to appear. First difference of opinion is that (most) marty systems fail through greed. I think they fail because they all have the ability to ...

Falling Knives

Thanks again for your reply Magix. As you say I think we are on the same wavelength. My experience with marty is that playing with some pairs is like playing with fire. But each to their own. I will just observe your TE, as I have no interest in ...

Falling Knives

Thanks Magix. Most small lot trades are br0ker hedged until they can be aggregated large enough to be "put on market". This quite often shows up as 'slippage' even though it is not slippage in actual price, just another way for the br0ker to extract ...

Falling Knives

Hopefully somebody can post results from a LIVE account where SLIPPAGE has to be dealt with, in addition to all the other br0ker tricks with spread, freeze etc. The "profit" difference between demo and live will be more than noticeable with small ...

Falling Knives

There is obviously room to improve on this strategy, as your current (and previous) Trade Explorers demonstrate. For a 10k investment, I could make more by collecting bottles around the street. Not for me to moralize on your approach with this EA, ...

Grid Correlation Trading- From $5,000 to $100,000

The most frustrating thing about the Holy Grail, is that some people here can already see just what it is in these posts from the OP, but I can't. But I know it's there. It must be because he says so. So I'll leave off analyzing "The Bible Code" and ...

My Secret of Trading

There's no hurry to divulge the Holy Grail, as I'm off to do a 3 year university degree so I will be able to understand what is revealed. "Next I wanted to talk about the nature of the market and what I believe is biggest pitfall to trading, I ...

My Secret of Trading