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David Guirguis
Top Trading mistakes you should avoid as a Forex Trader
Check out this video
https://youtu.be/vypTSUKEp6E
Check out this video
https://youtu.be/vypTSUKEp6E
David Guirguis
Quick Easy Way to Draw Support & Resistance levels.
Check out below video to learn more
https://youtu.be/Qp0HqD00o3U
Check out below video to learn more
https://youtu.be/Qp0HqD00o3U
David Guirguis
Amazing free indicator to calculate your position size.
check now below video to learn more
https://youtu.be/Iek79HFBrEQ
check now below video to learn more
https://youtu.be/Iek79HFBrEQ
David Guirguis
Dears,
In accordance with product intervention of ESMA, starting from the 30th of July most brokers will reduce leverage for retail traders to be 1:30.
This Leverage doesn't fit my trading strategy. Accordingly I had to change my trading account and of course lost all my trading history.
Below is a snapshot of my signal statistics
In accordance with product intervention of ESMA, starting from the 30th of July most brokers will reduce leverage for retail traders to be 1:30.
This Leverage doesn't fit my trading strategy. Accordingly I had to change my trading account and of course lost all my trading history.
Below is a snapshot of my signal statistics
· 1
David Guirguis
· 2
Fazliddin Kosimov
2018.06.05
Hi David, what is the plan now? Anything changed in the strategy after 60%DD? How are you going to protect the capital next time? Thank you!
David Guirguis
2018.06.08
Hi Fazliddin,
nothing will be changed. My strategy is based on controlling draw down based on lot size and number of trades.
if you checked my account history, you will see that over the past 1.5 year it happened 3 times only that draw down become greater than 30% due to major unexpected events and in each of these 3 times i managed to get out with profit or at least small loss that can be compensated in the future.
I believe that there is no way to eliminate risk in Forex, it is a risky market and the best we can do is to minimize the time at which we are at risk and being able to know when to accept losses to be able to move forward and compensate it afterwards.
At the end what matter is that you close a whole year with an acceptable profit. It is allowed to have setbacks in one month on condition that it doesn't affect your whole investment.
Thanks,
Best Regards,
David
nothing will be changed. My strategy is based on controlling draw down based on lot size and number of trades.
if you checked my account history, you will see that over the past 1.5 year it happened 3 times only that draw down become greater than 30% due to major unexpected events and in each of these 3 times i managed to get out with profit or at least small loss that can be compensated in the future.
I believe that there is no way to eliminate risk in Forex, it is a risky market and the best we can do is to minimize the time at which we are at risk and being able to know when to accept losses to be able to move forward and compensate it afterwards.
At the end what matter is that you close a whole year with an acceptable profit. It is allowed to have setbacks in one month on condition that it doesn't affect your whole investment.
Thanks,
Best Regards,
David
