Forex: Minimizing Drawdown and Maximizing Profitability

Discussion in 'Forex' started by Forexer Guru, Jun 21, 2023.

  1. Before buying a forex trading signal, there are several factors to consider to make an informed decision. They include drawdown, risk/reward ratio , win rate, average holding time (a key factor that I always consider before buying any signal), profitability,equity/Account Size etc. I have no problem with any of these factors. My dd is always less than 4%.

    My question: is what is the MINIMUM percentage monthly growth acceptable to you?
     
  2. Hello traders, I would like to hear your responses.
     
  3. Sekiyo

    Sekiyo

    I just called the police they are coming for you
     
    Last edited: Jun 21, 2023
  4. tony.m

    tony.m

    Securities and Exchange Commission is looking for forex signal providers. They will reward you handsomely with gold coins.
     
    murray t turtle and Sekiyo like this.
  5. maxinger

    maxinger

    [​IMG]


    Strange ....
    Why the Forest Guru still needs to buy the forex trading signal ?!?!?!

    Forest Guru,
    since you are not willing to develop your own trade plan,
    you should just buy a powerful crystal ball for forex trading.
     
    Last edited: Jun 21, 2023
    tony.m and Sekiyo like this.
  6. TrAndy2022

    TrAndy2022

    I checked over 200 signal providers and over 40 of the best ones on them in details following them for months on every trade they published over telegram/discord. None of them were good or consistent profitable. You can expect ZERO returns in the end with having deep large drawdowns like -40% and worse. Let us know if you find a good signal provider. I would be surprised if there is anyone. Forget this because you can only get disappointed. You need to do your own analysis and trade accordingly to it with good risk management.
     
    MACD, Hittfeld, Forexer Guru and 3 others like this.
  7. maxinger

    maxinger

    upload_2023-6-21_20-39-22.jpeg


    That forex trading signal accuracy is as accurate as the fortune-telling parrot.
     
  8. trismes

    trismes

    Fx signal providers!
    Handy tips to fleece the public.
    Most stats don’t have the capacity to see dd on an individual trade… so you know what they say. Never close a bad trade and keep ‘em coming
    By the time you’ve martingaled your nth position you’ll have coined loads of rubes
    You’re welcome
     
    Forexer Guru and tony.m like this.
  9. mikeriley

    mikeriley

    Minimizing drawdown and maximizing profit is the record of those
    that have learned to provide their own signals.

    Is it hard work? Hells yes, but absolutely nothing compares
    to winning from one own's work.
     
  10. %%
    LOL. I got some of those @ church about Christmas time;
    but they disclosed they were filled with chocolate :D:D
     
    #10     Jun 21, 2023
    tony.m likes this.