Originally posted by gsmontel
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Silent Specialist
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Originally posted by Waleed121 View PostI'm not putting this trader down, as im looking to follow him, but somewhere down the line you will lose 50%, and will need to start from scratch, so if your on $50,000 you may jump down back to $25,000
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Originally posted by pinky View PostTrue, or even worse. There is a reason why this trader starts with such a small account! Majority investors lose money. Is this time different? Just be careful.
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Originally posted by WillT View Post2 losses will not wipe the account.
- Imagine 10k account
- First loss of 50% = 5k
- He now has 5k - so his next trade is 50% of 5k = 2.5k
- He now has 2.5k - next trade is is 50% of 2.5k = 1.25k
- He now has 1.25k
Etc etc
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Why is Silent Specialist starting from small amount again? Is it his present account has been hit by double whammy DD and it does not look good anymore?
I'm just guessing so I ask. Also, I find it somewhat disturbing that Silent Specialist or someone accountable is not holding fort in this thread to answer, explain and promote the signal.
It is as if it is leaving to other members to fan the system or thumb it down and he's not bothered at all. As if the system speaks for itself but we all know results alone will never explain how the trade strategy is, and knowing the strategy will mean we can make a better decision to join, or else we're going in totally blind, and just getting emotional and lusting on the good results shown.
One thing I like to clear my mind is whether this system depends more on luck than mathematics.
Sorry I am candid, but I'm really very interested. In God we trust. For everyone else, it's cash on delivery.
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Hi Kenji,
this was cut paste from him :
Its the grid strategy. Even not a strategy, the way of trading. I analyse D1 and H4 periods to know where up or down the prise is going to move.
I do the analisys with support/resistance levels, trend lines, prise action patterns, some indicators.its high risky but hign profitable strategy!
Dont invest money that you cant afford to lose! Everything can happen.
Then i go to M15, M5, M1 period. There i try to catch the extremum points with the help of divergence, some of the figures and some indicators.
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*You look at his myfxbook history too, not to forget. Here you are able to risk down your portofolio as well.
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I personally dont want him / SS to answers the thread (sometime he joins the trading room fyi), since he is doing the home work analysis before his trade or taking some beers after the trading. And I want him to bring only the profit for all of us ... GBU all !Last edited by Imran222; 10-16-2013, 02:42 PM.
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