I have been working in financial business for the last 15 years as financial analyst, professional trader and portfolio manager. Despite this however, the best feeling is working on your own so finally I decided to exit my daily banking job and start trading. Love technical analysis, chess and football :)
Martynas Tamosauskas
Closed DAX short positions, withdraw small amount, taking a break for tonight!
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Mahdi Dehghan
2023.04.29
what happened? call margin?
Martynas Tamosauskas
A long-term approach, high rating and trust: https://www.mql5.com/en/signals/531563
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Martynas Tamosauskas
During the last month (April) I have crossed >1000 trades mark. Despite some increased volatility, the net result remains positive for the year (>20%) and I am very happy that my subscribers base is growing! Really appreciate your trust! https://www.mql5.com/en/signals/531563
Martynas Tamosauskas
Happy Subscribers - happy me, Thank You for an encouraging feedback! I am here to stay for a long-term partnership, have a nice and safe weekend everyone!
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Martynas Tamosauskas
The last time I posted about Smart/Dumb Money Confidence was in early November '19. The smart money was selling into the rally, now we have a different situation. The Dumb Money is selling at the fastest pace and although I don't think the bottom is in, but we are much closer to it (S&P 500 target 2200-2350+/-).
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Martynas Tamosauskas
If You are here to stay for a longer-term and can tolerate -20% DD, consider my signal: 0% Algo trading, every trade is manual and supervised on a daily basis, the recent DD might be a good entry point, cause I am pretty confident gold is overpriced and willing to hold or even add to this position. Last year was profitable (+110% with -20% DD), this year my primary goal is to recover and then do my best to beat last year's performance.
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Martynas Tamosauskas
That's the ugliest weekly candle from the 2009 lows... but look for gold - it hasn't responded to the upside as it supposed to do, things could change very quickly.
Martynas Tamosauskas
The prolonged DD period is over, it has been difficult start of the year, however I always want to remind that I am longer-term trader. The main goal is to produce decent profit during the year. Being right at the end doesn't mean being profitable (GBP, Gold). Thanks to all my subscribers/followers withstanding this period, I will try to do my best.
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Martynas Tamosauskas
Yesterday was exactly one year since I have started trading. More than 100% growth in a long-term journey (more than 750 trades). I am manual trader and will be doing the same this year! If I will repeat the same results, I will be happy. Thanks to all my subscribers who have been following me last year. Expect steady, gradual growth this year too.
Martynas Tamosauskas
According to the SentimentTrader, the spread between Smart and Dumb Money Confidence is flashing red. Historically good indicator. I keep my short positions.
Martynas Tamosauskas
At the moment I am suffering a bigger DD period. It is quite stressful not only for me but also to all who subscribed (especially recently) to this signal. This is 4th time this year then DD > 10% and my absolute maximum is 20%. My deposit load is not historically extreme, but I am planing to reduce the expose before the weekend (except DAX). I was able to recover during last 3 times in a fairly quick manner, I will be able to recover this time also, its just a question of time, which if exceeded 20% DD may take longer than usual. If my analysis is correct we very close to a turning point for good.
Martynas Tamosauskas
EURGBP advance stalled precisely on line, any thoughts? :)
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Martynas Tamosauskas
2019.10.09
Nice rejection so far... hope you are not right this time:) I am short for some time and its hurting my portfolio...
Martynas Tamosauskas
Patience. Stability. Proper risk management. I am always seeking to improve!
https://www.mql5.com/en/signals/531563
https://www.mql5.com/en/signals/531563
Martynas Tamosauskas
Appears it takes 35 weeks for me to reach 500 trades and almost double the initial capital. It's all above my own expectations since I began trading back in January, but after reaching this milestone, I think I can do better. Must admit, summertime is not the best season for trading, my two biggest DD came in summer, so I have to avoid trading whilst I am traveling. There is nothing better than big monitor screens in front of your eyes whilst trading :) My second task for the future - stop chasing trading statistics, I was too much looking to W/L ratio (currently 83%/17%), which stopped me from closing some early minimal losses (these of course later become much bigger loses). The most important things are your capital protection and account growth, not the statistics. I hope the next 500 trades will bring more quality and stability.
Martynas Tamosauskas
For all concerned about my recent GOLD trade. Again, I am a bit too early, but I like the price action - double fib resistance at the same level plus possible double top formation. The upswing from the last week's low looks corrective. A reversal signature to the downside (hourly candle) increases the odds gold is about to drop.
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