For this thread I set the account risk for 100%...you would actually want 20K at 50%...Now tell me which offshore dealer would you trust with 20K of your money for this long-term system? Well actually do not post links to dealers (I will have to slap you if you do)...but you get the point right?
No amount of money could remove fear in this system. This is not a directionaless trading system. This is a progressive trade system. When trading this in a micro-account there are limits to trade size that has not even been discussed yet. You know how the casino limits your bet-size at the blackjack tables...Why do you think Retail Spot Forex is any different? My apologies to the subscribers of this thread for posting so many messages this AM. But I am freaking out and do not want to present this system as a tradable system. This thread is simply an exercise for the readers to see market movement and discuss its issues. Please do not trade this system with your hard earned money. ElectricIsBorderlineIrresponsibleSavant
Start Capital: $4,000.00 # of Calendar Days Traded: 119 (Start = 01/15/12) Profit: $4,171.78 Float: $-14.49 NAV: $4,157.29, 103.93% Projected APR: 318.78
Hello Folks...Yes I am still here and testing. Remember if you do not like to wait for my posts you can always log-in to my demo-account and check...(see the beginning of this thread for the password) The system is really putting the Sqeeeeeze on...The thing I do not like about this system is that is uses sooooo much margin, even with this liberal dealer. Earlier this system all but ran out of margin but got its exit....reaaaal lucky...It is nearing the same set of circumstances and the lotsizes are growing exponentially...will she blow? Start Capital: $4,000.00 # of Calendar Days Traded: 137 (Start = 01/15/12) Profit: $4,714.41 Float: -$2,437.98 NAV: $2,276.43, 56.91% Projected APR: 21.36
Hello Folks... This system continues to amaze. Look at the lot size of that last buy wow! The float really ticks around with each quote. Sure the exit is closer but what a tempestuous position to be in on a Friday. I am surprised this system survives! Start Capital: $4,000.00 # of Calendar Days Traded: 145 (Start = 01/15/12) Profit: $5,892.25 Float: -$722.53 NAV: $5,169.72 129.24% Projected APR: 325.33
Got the exit with the gap open ....If I were trading this live this would never happen. As soon as I would trade something it goes to the dogs. Start Capital: $4,000.00 # of Calendar Days Traded: 147 (Start = 01/15/12) Profit: $6,576.03 Float: -$12.86 NAV: $6,563.17 164.07% Projected APR: 407.40
This is why I would not trade this system regardless of the ease of automation and the excellent profits. But it sure is tempting isn't it? It is always in. Holds over the weekends Can't trade it as a resident in the US Can't rest well with 10K or 20K on the line in some "postbox bucketshop" in cypress. That about covers my concerns, other than Forex is a rigged game without a centalized feed or regulation. Forex Trading is gambling....guess I am not a trader. ES