I just saw your quote today . Thank you kinder ,i did.

XM

[quote=Geppy;9032057]Background It's no secret our new resident, GJscalper, has been causing quite a ruckus since his recent arrival to our humble forums. He has taken a particular liking to me after I posted a screenshot of my Brexit winnings the ...

Geppy vs. GJscalper - a duel to the death!

It was supposed to trade EUR/GBP risking 7% /trade ,but due to a week of no move on this pair ,i added G/U AND E/U ,so lost my calculation of my risk /trade lead to 20% risk /trade on total 3 pairs and the blow of the account.

a basic trading rule may be the cause of our trading losses

Thank you for your reply. Do i have to resend verification papers? How long is the bank statement valid for?

XM

Thank you Kinder

XM

You have explained the problem very logically Shellsnail . I like the story very much ,it's very related to the situation ,and apparently i'm following it . This 7% experiment was my version of chapter 3,and i fell in the hole . Now i'm working on ...

a basic trading rule may be the cause of our trading losses

My failure has nothing to do with my trading strategy. I was trading a demo account for the same last 3 months ,and while the real account was blown ,the demo account is up 27% with only 11% drawdown. Because with the demo account i didn't care ...

a basic trading rule may be the cause of our trading losses

All tried ,but couldn't help to control the greed.

a basic trading rule may be the cause of our trading losses

Thank you shellsnail for your advice and book link. Sorry but no book will help control my emotion ,in real life it's not that easy .

a basic trading rule may be the cause of our trading losses

I never traded with less than 1:200 leverage ,and now i need a short break trading real , i'll continue trading my demo account and maybe some contests ,but who knows, maybe i'll try this 1:20 leverage account in the future as soon as possible,but i ...

a basic trading rule may be the cause of our trading losses

Unfortunately i blew the account ,and obviously i have no control on the emotional part of my trading,and i 'll never have, .I'm a hopeless case Reason of the failure: EUR/GBP ,on first week of April ,was literally not moving at all ,so daily range ...

a basic trading rule may be the cause of our trading losses

Hi MR Costas,i have opened an account with XM 3 months ago,and verified it ,but didn't make any deposit,now i can't access my account as it keeps telling me that my account is archived ,and i should open a new account ,why is that happening? Thanks

XM

I think indicators ,and price action ,money management are all equally important to achieve success.

a basic trading rule may be the cause of our trading losses

[NEVER] So you don't agree with the idea of a minimum 5% risk/trade for accounts less than 100k$. It's ok 2 %, if it is suiting you,keep the good work .

a basic trading rule may be the cause of our trading losses

10-12% /trade ,great ,so now your account too can be a prove to high risk trading if you keep your risk above 5% for the whole year. For evaluation at least 12 months of trading is needed ,so till the end of mars 2017 for my and your account . Good ...

a basic trading rule may be the cause of our trading losses

I don't trade GBP/AUD and i'm not a market predictor as i'm a market follower ,but my charts right now indicating the pair is going up .

a basic trading rule may be the cause of our trading losses

I agree with you ,EUR/GBP has it's limitation ,which always lead to lower profits(no problem because i risk 7% ,so my profit would be 7X standard profits) ,but i chose it because of it's low volatility . From your data ,you can see that the last 2 ...

a basic trading rule may be the cause of our trading losses

Actually stubborn , you are agreeing with me and Thank you for your table ,which is the prove for what i said about the 30-40 pips movements . I trade only EUR/GBP and as in your volatility table ,it's 70 pips . But i can't enter on the high and ...

a basic trading rule may be the cause of our trading losses

Great to know that you are applying the high risk/trade rule and have been profitable for 2 years. I hope you are making a 50%-100% monthly profit. And if so ,It would be great if you can share your TE or a myfxbook link ,which would prove that ...

a basic trading rule may be the cause of our trading losses

Thank you for sharing the kelly criterion . The accuracy of my entries isn't high (winning rate),but my R/R is high ,so that usually compensate .

a basic trading rule may be the cause of our trading losses