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Silent Specialist
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Missed the 6 trades executed today somehow. Slippage is set to 3 pips still so I don't know what happened there. Nice basket, kind of a bummer!
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SS is part of this thread but he has been trading. There are so many posts in the last 12 hours that he simply hasn't had a chance to reply yet.
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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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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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Anyone can confirm that this strategy does not hold positions during weekend?
Thanks
nc!
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Today there no trades. I think he has stopped trading as seen from Alpari Pamm and also at mq4.
Please reply
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2 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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if you worry about big loss, you can regularly withdraw the profit and keep the account with certain amount to run.
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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 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 gsmontel View PostThe objective of Silent Specialist is 500K ....
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So can I infer that Silent Specialist's method is a very aggressive Martingale?
I hope Silent Specialist or Nick or someone very experienced can shed some light for us.
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