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@  kouropalatisk : (20 March 2018 - 06:06 PM) Guys, anyone got a working RSI+BB alert indi? I mean, alert when price goes outside BB and RSI is OBOS. I got "rsi-vs-bollinger-bands" which is not working quite right.
@  Meister Leder : (20 March 2018 - 03:38 PM) So what are the current Strategys on this Forum? Wasn't online for long
@  neddihrehat : (20 March 2018 - 02:46 PM) Specially http://www.forexpeac...pari-com.38839/
@  neddihrehat : (20 March 2018 - 02:45 PM) @Florian9595 I really don't know. I did not trade with them, but the reviews I see on internet shows me Finmax isn't reliable.
@  Florian9595 : (20 March 2018 - 02:37 PM) i don't understand
@  Florian9595 : (20 March 2018 - 02:37 PM) they having like 50000€ balance or more and they withdrawl always succesfully ..
@  Florian9595 : (20 March 2018 - 02:37 PM) Finmax is with a Russian border regulated and the germans costumers on youtube shows every day all day trading with finmax
@  neddihrehat : (20 March 2018 - 02:08 PM) @Florian9595 it seems finmax has a bad reputation on fpa.
@  neddihrehat : (20 March 2018 - 02:04 PM) @danyroad Yup. Nadex is only for US.
@  danyroad : (20 March 2018 - 02:02 PM) wrong*
@  danyroad : (20 March 2018 - 02:02 PM) Nadex are only for US or am i wrog?
@  neddihrehat : (20 March 2018 - 01:56 PM) Some seniors suggests Nadex, IG, Cantor Exchange etc.
@  neddihrehat : (20 March 2018 - 01:56 PM) If you can, go with Nadex.
@  Florian9595 : (20 March 2018 - 01:55 PM) yes I understand ... Thank you anyway for your advice and informations
@  neddihrehat : (20 March 2018 - 01:55 PM) If I were a broker, I wouldn't trust myself either.
@  neddihrehat : (20 March 2018 - 01:54 PM) I don't know. I don't actually trust any broker.
@  Florian9595 : (20 March 2018 - 01:54 PM) I heard about Highlow and Ducascopy are they safe ?
@  neddihrehat : (20 March 2018 - 01:53 PM) As for brokers I'll name some like, IQ, Ayrex, MW, HighLow, Ducascopy.
@  neddihrehat : (20 March 2018 - 01:52 PM) @Florian9595 Thats a bad move. I won't advice you too much on it, but I'll say start learning more about forex. Gambling might go away but the actual trading won't go away.
@  Florian9595 : (20 March 2018 - 01:51 PM) Yes i talked to my account manager they said that may or june they will probabily remove Binary option like other platforms 24option or stockpair ... i trade binary for living and i don't know where to go ... where my investment and my future Profits are safe...


D 7

Posted by ac44 , 27 February 2018 · 389 views

D 7 a lot of bad decision, instead of maintaining 1% got caught up in a revenge fight ending with a drawdown of 31.40%

need to restructure MM strategy.

  • Tripack likes this

Feb 27 2018 05:38 PM

Your MM approach is just like many BO traders. We all think that we have it down to a structured MM but we are actually setting up our account with gasoline waiting for a bonfire. When you win, you stick to your plan of 1% winning. And now you lost, it was a 31% draw down, it doesnt make any sense isnt it?

It is like telling yourself if you win, you just want to take a small amount of winning but if you lose, you are willing to risk almost half of your account.

Your MM approach is flawed for sure but the more important and underlying factor is how you want to handle your winners and losers. Have you thought of turning the picture around? Making at least 30% daily and keep to 10% draw down if you have a bad session? Another recommendation is this. There is no absolute guarantee that every day is a winning balance account. Why not be selective and trade on days with higher probability of winning? 

    • Tripack and hatırlaa like this
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No need to give up ! There is MM but maybe you try to trade the same way in any circumstances, i.e. low and high volatility times etc...

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