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Did he manually close the basket or did the EA that prohibits the DD to exceed 50% kick in? I think that he closed it manually because the DD in my account is about 33%. What about the rest of you?
I wouldn't of minded, I tried to exit market @ 158.25 then IC Markets platform froze from 12:45GMT for a whole 12 minutes until price had risen sharply again.
Thanks IC Markets.
on the note of SS, its sad to see yet another big hit on equity, 40% down again
as we all know, this is a high risk strategy !!! so this could happen, it should not of course...
My personal view is, that maybe dimitri needs to llok more close to news event and why happen out there in the world... pound is strong, very strong..
So maybe if a basket is more than 2 days in the market agaaist him, he should react and try to prevent form another big DD.
I wish him good luck and i will go with him and stay connected...
i just reduced my leverage account to 1:200 instead of 1:500.
Nick, do you think it's a good way to avoid high risk because my lower balance than Silent ?
Erm, no. It's a good way to have a margin call though. Go to babypips and read about leverage.Trading with a lower balance and lower leverage than the master account is suicidal. However I have come to the conclusion that trading this signal at all is suicidal, so it may not matter too much...
I think he needs to change and improve on his strategy. He has done the same mistake today for GBPJPY which he did two weeks ago with USDCAD. Why he goes so aggressively when he can't take it later on and finally takes big losses. I am going to disable this trader. I lost $1940 2 weeks ago in 2 days and now again lost $625 just in one day. I would personally advise followers not to depend on this trader as he is not a professional trader but just gambling the way people gamble in casino.
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