316959_closed Verified demo account
Posts: 513
Member since: 08/02/2011
Originally posted by paulphil
Originally posted by sadscorpion
in real account more than 600% profit wooooo awsome what is ur risk reward ratio
We totally agree with Eric Novinson and his recently published arguments ... "The Disadvantages of Forex Signals"Yes, ... an investor who trades currency can subscribe to a signal service. The signal provider provides recommendations about when to buy and sell a currency. Unlike a managed forex account, the investor retains the authority to buy and sell currency, and the investor does not have to follow a signal if he believes he will incur a loss.Disconnection. A forex signal adviser tells his client both when to open a trade and when to leave it. If the investor's communication link with the adviser is broken while the investor has open trades, the investor may not have the currency trading knowledge to exit the trade at the correct time, leading to a loss or lesser gains.Price Quotes. To provide accurate signals, the signal provider needs accurate and timely price information, which he can get from a reputable forex broker. Forex brokers use their own sources of information to quote currency prices to their clients, so price quotes differ slightly between brokers. If the signal provider uses a different forex broker than his client uses, the signals may be profitable for trades at the provider's broker and unprofitable at the client's broker.Spread. Each forex broker sets a spread between the bid and ask price for a currency, which provides its profit. If the signal provider uses a forex broker that has lower spreads than the client's forex broker charges, the spread may result in reduced performance.Read detailed or more (Google or use your preferred browser): The Disadvantages of Forex Signals by Eric Novinson. Good luck!
THANKS for your comments and nice points you shared
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Posts: 162
Member since: 22/06/2010
wow maaaaan great results!! keep up the good jub and keep an eye on the risk ratio.. seems like you are risking a lot! Cheers
David
Posts: 162
Member since: 22/06/2010
Wow man, 930 lots in a day... some serious trading here!! I don't see DD so I don't understand why the system is saying there is a 39% of DD???
Posts: 19
Member since: 21/04/2011
Originally posted by davidalfonsi
Wow man, 930 lots in a day... some serious trading here!! I don't see DD so I don't understand why the system is saying there is a 39% of DD???
Display the percentage of greatest loss drawdown from the pervious highest equity to initial capital during the specific period.
08.03.2011, 06:33h, -203.9 pips, USD -9805.34 - 08.03.2011, 05:58, -183 pips, USD -6458.74 - 08.03.2011, 05:58, -147 pips, USD -5352.58
Posts: 162
Member since: 22/06/2010
Thanks Paul! However I can see this has not been detailed in the time portion the chart is visualizing. How can you decide whether you would like to display only a certain period of time?
Posts: 19
Member since: 21/04/2011
Originally posted by davidalfonsi
Thanks Paul! However I can see this has not been detailed in the time portion the chart is visualizing. How can you decide whether you would like to display only a certain period of time?
fxstat.com calculates the statistics. We do not have any influence on it. Can't explain ...?! Sorry!
Posts: 162
Member since: 22/06/2010
no more?
Posts: 19
Member since: 21/04/2011
Hi David!
I'm very sorry to say but Remy, who is trading that account had a serious accident in the French Alps. He is a fanatical mountain biker and on his last tour has fallen down a cliff ... several meters down! Lucky Remy ... ONLY broken bones and some severe contusions and bruises. Well, he is still alive!
With his crazy pals he was allways video recording their freaky rides. We were all very shocked when we saw the recording of the horror crash! Thank God he was wearing adequate protective equipment! So, Remy will continue the work once he has recovered! Thanks for your patience!
Best wishes, Paul!