Typical of automated, systematic traders...make relatively small, slow, steady gains...then Boom, the rug is pulled from the bottom of your feet. They just have to hope and pray the land mine ball doesn't land next to them. That's their essential skill and strategy. True trading, if you ask me, requires part art and part science...every new day, or new chart time frame viewed.
He was long only, not using stops and counting on the bull market to run his positions from losing to winning everytime, risking 10R per trade and locking in .1R profit..
Yes, in december. A month before the drawdown. Very timely. He had over 1.2M USD in subscriber funds yesterday.
there is no drawdown....he withdrew his own money and left the account with practical no funds. So he didnt get a 90 drawdown as your original statement implied.
That thing is laughable. It says right in the description: "For this reason, to copy the ABBEY TRADING SIGNAL, YOU MUST HAVE an account with the broker AXITRADER." C'mon folks, you know what the scam is here.
All these entities who halt or stop things from further participants taking part in the market only increases volatility not decreases it. Organic liquidity stepping in stabilizes markets, especially ones suffering from a drop in liquidity.