I see more and more trolling everywhere, even people pretending to turn me in to the regulators?? Yea, as if. We all know “don’t feed the trolls.” Here’s a lot of why that’s smart and compassionate. If you want to keep it simple, just remember that “haters gonna hate, and trolls gonna troll,” and there’s nothing you can do about it except starve ’em. The broad context is that there are people always looking to feel offended about something. They feel good when they’re outraged about something, maybe they feel good ONLY when they’re outraged. I don’t know about official psychiatric definitions, but as far as I’m concerned, it’s addiction. Jonathan Bernstein talks about the “outrage trap”. It’s a method bad actors use to manufacture an activist group, usually for corrupt purposes. Since there’s little factchecking these days, they can make up whatever they want, and there’ll be outrage addicts who’ll fall for it.
2019 Performance for low risk strategy: 2.06% 2019 Performance for medium risk strategy: 3.17% (This new signal will be released on SimpleTrader this week)
** Three high risk signals are still open, and one has closed. You can view these at MyFXBook, MQL5, HotForex Copy and SignalStart.
NEW medium risk signal just released here at SimpleTrader.
I know my true potential and what I'm capable of. Not giving up forex world, keep testing me, keep knocking me down. What you'll find is that I keep getting back up, despite a bloody nose, despite the sweat and tears. I will never settle for average, I'm going for greatness. Bring it on!
I will be limiting my public interaction and direct messaging from this point forwards. Markets fluctuate and for this reason risk management, a trade plan with a consistent edge, and a patient, disciplined, emotional/psychological self regulation is paramount.
Hope your all well and that the new year is going well,
First I would like to admit that my trading has been terrible as of the last several months and for this I apologise, markets are constantly changing and strategies need to be adjusted and tweaked to meet new parameters, I noticed this about 6 months ago, so for the last 5 months I have been live forward testing a small account and its doing well.
The new strategy is still somewhat a range based system, however with a higher TP and a larger auto SL in place but will trade multiple pairs, being aud/cad, aud/nzd, eur/cad, nzd/cad, nzd/usd, yes are crosses and collerated but are used as a synthetic hedges, I have decided on 40% max dd auto SL on the master, while this is unlikely it does give us more room to recover, the live forward testing over the last several accounts can be found below:
While its unconventional to have such a wide auto SL in place, after backtesting multiple times all of the hits we took we would have recovered from, we had the aud crash beginning of Jan and the master was stopped out, however the BlueBerry accounted recovered well, Ive pretty much come to the conclusion that in order for fx to be profitable more risk needs to be put on the table, as prior as you know I had an auto SL that ranged between 4-6%, the allocation path is stagnant and will be running those accounts with the new strategy but based on fixed lot pip based.
The new strategy has been implemented immediately across the board and expected return is between 6-7% per month, subs are recommended to follow risk based on balance.
I have learned this year that it is utmost of importance that I always deal with life/personal/trading/professional challenges on my own terms and wall off the "multiple voices" that will potentially de-rail me from achieving overall success.
I will respond this weekend on the ForexSignals and Donna Forex forums about:
1 - What happened in recent High Risk losses, when the High Risk 1 strategy had done very well for 11 months. 2 - What my plans are in February to once again live by my motto "learn from your mistakes and do not give up." This will mean making changes to high risk strategy and starting from scratch, updating the subscribers who've been affected. 3 - Tough lessons that I have learned about the way to communicate publicly and what type of communication I am willing to allow from clients, subscribers, and others interested online. The level of accessibility and scrutiny that traders like myself exposure ourselves to can lead to a detrimental negative feedback loop of consequences that disturb the harmony and stability of my professional duties and success.
Please be assured that I will continue to work, as I have done these past 2 years, to provide good profits via Forex Alternative Investment, with balance, stability, and excellence. Upon reflection, I know I can come to the table in February stronger, help others get an achievable vision, and to collaborate on this together. It is possible and I want to do it.
As you can see in the myfxbook and simpletrader stats in this brokerage account there were more withdrawals so far than deposits. myfxbook printed in our chart a big loss on 9th August. But that never happened. There were trades open on the 9th of August and when they were open we did not have any followers on the new (at this time the account was only one week old) account (because we realized the balance of the riser attitudes at the time of the 2015 backtests which were calculated just a couple of days after the start of the account was too little) and myfxbook (also Simpletrader - but much less) then interpreted - for whatever reason - as a crash and high drawdown. If you look at the profit chart on myfxbook or simpletrader, you can see that our words are true. The only real loss took place on November 8, which proves the Protit curve and is due to Martingale, which is no longer used by a code change since 9 November in this EA. Since this EA is running there was no other day with a loss.
Please take a look on our Website www.fxea.ltd where you can find our other EAs which are listed in Simpletrader Market Place in a few months (because accounts are at the moment not at least 6 months old).
We offer good long term prices for 2, 3, 6 and 12 months!