Hello everyone and thank you Hurst for this amazing thread!
Unfortunatly I hit the DD Level yesterday after just two days of trading.
On the one hand I am not so experienced but on the other hand the really tight SL given by MPS crashed my strategy.
I am trading the TMS Method: http://www.forexfactory.com/showthread.php?t=291622
on H1.
So i actually use the last swing as SL so a SL of +50 Pips for JPY Pairs is normal in this case. And this is consistant with MM.
Actually all my Signals were right. And they would have turned into Profit (and hit my TP within 2-4hours) without this SL given by MPS.
So I am trying to adopt my strategy to the MPS SL. And hope you (Hurst) are not going to remove me from your Team so I can have another shot next Month. I just opened my first Live account so I will wait on the MPS penalty bench while learning on my account.
Happy pippin!
Unfortunatly I hit the DD Level yesterday after just two days of trading.
On the one hand I am not so experienced but on the other hand the really tight SL given by MPS crashed my strategy.
I am trading the TMS Method: http://www.forexfactory.com/showthread.php?t=291622
on H1.
So i actually use the last swing as SL so a SL of +50 Pips for JPY Pairs is normal in this case. And this is consistant with MM.
Actually all my Signals were right. And they would have turned into Profit (and hit my TP within 2-4hours) without this SL given by MPS.
So I am trying to adopt my strategy to the MPS SL. And hope you (Hurst) are not going to remove me from your Team so I can have another shot next Month. I just opened my first Live account so I will wait on the MPS penalty bench while learning on my account.
Happy pippin!