Quote from jbt:
We trade event risk with the following parameters:
1. 2 units
2. Stop of 60 points (120 point total risk)
3, 1st Target is 30 points
4. Position moves to breakeven
5. 2nd unit is actively managed to obtain 100+ points.
How often do we make 100+ on the 2nd unit? - about 20% of the time
Trades last anywhere from 3-24 hours
Quote from fluttrader:
If you are such a good trader , why didn't FXCM offer you a job to trade their managed accounts porgrams ?????????!!!!!!!!
Since none of the managed account programs is making any profit.....
http://www.fxcm.com/managed-accounts/managed-accounts-programs.jsp
Ley me get the logic here : the traders in control of the managed accounts SUCK big time and on the other hand the head analysts Boris & Kathy are claiming they banked 2000 pips, makes PERFECT SENSE LOL
Quote from Surdo:
I did a trial last year, lets just leave it at that.
Quote from jbt:
From the bitterness in your tone it sounds like you caught the service during a drawdown, which is unfortunate.
Quote from Surdo:
B:
Unfortunately my account took on a bit of water using several of your signals, but I am a big boy and made it back in my futures trading later in the month.
I wish you luck with your service, and perhaps did not need to be so harsh earlier in the thread!
Your pdf ebook was certainly valuable.
good trading,
surdo
Quote from jbt:
We trade event risk with the following parameters:
1. 2 units
2. Stop of 60 points (120 point total risk)
3, 1st Target is 30 points
4. Position moves to breakeven
5. 2nd unit is actively managed to obtain 100+ points.
How often do we make 100+ on the 2nd unit? - about 20% of the time
Trades last anywhere from 3-24 hours
Quote from Nashequilibrium:
Sorry, but struggling to make sense here, why two units? Why not one unit at 60pts risk? Unless, you going long and short the same pair at the outset?
You have a very simple mistake going on here, but it makes no sense me telling you that unless i tell you the mistake. Maybe you know but just not saying. Anyway explain where this 120point risk comes from?