The only idiot here is you. Fact- you do not know enough about what positions were held nor what the client wanted to do.Quote from cabletrader:
The drawdown was from your trading activity. You started out on Jan-14 with a clean sheet, no open positions, and $1000, fact.
By week 22 you had traded his account down 20.37%, fact.
Depth Trade Results
Start Date Jan-14
Deposit Amount 1000.00
Week Start Date 7-Jun-08
Week End Date 14-Jun-08
# Weeks 22
USD Start of Week 912.06
USD Ending Amount 796.32
P/L for Week $ -115.74
P/L % for Week -12.69%
P/L since Start $ -203.68
P/L % since Start -20.37%
Expected ROI yearly -48.14%
By the end of your 26 week trial you had made 1.12%, and after deducting estimated commission that dwindled down to 0.77%, a measly $7.70, with a 20% $200 drawdown. By itself the return was pitiful, if you take into consideration the risk it was laughable.
lol, you crazy fuck, you live in cloud cuckoo crazy land if you seriously believe that!
Fact- is one wants to buy metals to hold you can expect to be at some point in a drawdown. If your buying metals to hold, you will be at whatever price the market is at, unavoidable fact.
That statement I made does hold true and has been proven to me over the years and on various different forums.
If it's not true, please direct me to someone capable of trading Currency and prove me wrong.
The only frauds here are you guys, with zero proof of your own capabilities.
