November 2003

Discussion in 'Forex' started by rezo_s, Nov 2, 2003.

  1. rezo_s

    rezo_s

    Buy GBPUSD now @1.6998
    stop@1.6890
    initial target 1.7220

    Half volume will be closed on 50 pips target or at 30 pips stop.

    order of course is cancelled
     
    #51     Nov 19, 2003
  2. virgin

    virgin

    Rezo_s,



    Have you seen my question ?
     
    #52     Nov 19, 2003
  3. rezo_s

    rezo_s

    Yes Virgin, sorry. All details are avaliable at http://www.marketac.com/performance.htm

    you can also read about my trading style and money managment there. As for the worst drawdown, it stands at 20.04% at the moment - that is a biggest accumuated drawdown during some specific month; recovered in 10 days. As for Worst closed month - it is the last month: - 9.04%

    Best Regards,

    Rezo
     
    #53     Nov 19, 2003
  4. virgin

    virgin

    I thought you were at this moment

    in your worst drawdown ?!
     
    #54     Nov 19, 2003
  5. rezo_s

    rezo_s

    Well, yes, if we take accumulated drawdown, it was the current one : starting with last month -9% + current month about 12% (to be specific: its -21.45% in 1.5 months), stats will be updated in the end of the month. But I am currently holding open positions (not closed yet) which allow me to say that not only I recovered the losses, but am also in a little green zone for that 1.5 months. The stats on the performance page say: "as for end of October" on the top of the page.
     
    #55     Nov 19, 2003
  6. rezo_s

    rezo_s

    The 30 pip stop was hit on Cable trade; the short term swissy was also closed at entry level. Will be reentering both if I get to.
     
    #56     Nov 19, 2003
  7. virgin

    virgin

    Monthly results normally disguise

    your actual drawdown....
     
    #57     Nov 19, 2003
  8. rezo_s

    rezo_s

    you got all the answers here; which part exactly you dont understand? I will be glad to explain you,

    worst month: -9.04
    worst drawdown : -20.04 (as for end of Oct) and was -21.45% as will be updated in the end of this month.
     
    #58     Nov 19, 2003
  9. virgin

    virgin

    Rezo_s,



    Why you enter Cable at a resistance

    level 1.7000 ?!

    A support zone at 1.6950 to enter

    makes more sense to me.

    Is that not what low-risk entries are

    all about ..
     
    #59     Nov 19, 2003
  10. rezo_s

    rezo_s

    I dont try to catch the lows and highs. My trading is based on system signals + lots of discretionary desidion. Supp/Res levels are not the most important thing for me.

    What about you? how is the trading going?
     
    #60     Nov 19, 2003