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Well, sitting in front of a screen all day, straining your eyes, and earning just 10 dollars isn’t much. Prop firms don’t allow arbitrage...
But the system is stable, because there are always patterns in arbitrage.
Today I read about and had a look at ‘this’ miracle
Conclusion: they’re raking in initial deposits from suckers; the terms are absolutely staggering – a classic MMM scam
Drawdown of up to 10% 😁
I’ve just opened a couple of positions, and the spread alone requires 1%
<screenshot with text in Russian was deleted by moderator>
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P.S. Do you know anyone who’s stuck there for more than two weeks?
I think you’re right about prop trading. I used to think it was just another scam for idiots, too.
Vitaly, could you please advise me again on the Reverse strategy? This is the signal currently showing on the indicator. One line is at the bottom, the other is much higher.
How should we open positions correctly?
I’ve already mentioned that if things don’t go to plan, simply averaging out the same lots will sort it out; this happened the week before last with the yen trade.
They’re all closed apart from the new one that opened an hour ago – I did say so.
That’s how it is for now
I really don’t see the point of this combination at all
In this case, two buy trades. HOWEVER, if you look at the ‘i-Equity’ indicator, that’s all cancelled out; we’re looking for another signal
I’d like to ask you all: At what percentage of drawdown on your account do you start averaging down?
After a big move and the next signal.
The drawdown itself is small; the second trade always recovers the loss.
I really don’t see the point of this combination at all
“And not everyone can see into tomorrow. Or rather, it’s not just everyone who can see it. Very few people are able to do so.”
"And not everyone can look ahead to tomorrow. Or rather, it’s not just everyone who can. Very few people can do so."
Well, ahem
For me, tomorrow is a long way off from the daily grind
"And not everyone can look ahead to tomorrow. Or rather, it’s not just everyone who can. Very few people are able to do so."
Thanks – I’ll have a look at those pairs at the auction too......
Thanks – I’ll have a look at those pairs at the auction too......
It’s a whole system; you can’t just make a decision on a whim.
I’ve laid everything out down to the last kopeck; I used to trade without some of the indicators, but I’ve now included them as well – it’s made selection much easier and the entry points are more accurate
When opening positions on the outlying currency pairs, I was also guided by these