- Search Forex Factory
- 54 Results
- szbu replied Mar 9, 2008
was it a paper trading?
- szbu replied Jan 16, 2008
I have used Steve's MM.... 12/05/07 -- 01/16/08 4:00pm ET Realized +1815 pips Drawdown -2160 pips Positions open: 5 Acct +3.6% (if all positions were closed, acct would be -0.6%)
- szbu replied Jan 10, 2008
Steve's works if you follow religiusly. I have used Steve method, S/L 1000 pip with 2% of the account balance. something i have done not exact same as Steve's: At times I had traded not just G/J vs. only G/J; At times I had more than 10 positions ...
- szbu replied Jan 10, 2008
12/05/07 -- 01/10/08 2:00pm ET Realized +1082 pips Drawdown -427 pips Positions open: 4 Acct +2.1% (if all positions were closed, acct would be 1.3%)
- szbu replied Jan 9, 2008
Steve, by looked your trades via zulu, you have done supper in last 24 hrs, 500 pips! (1% of acct balance) i have not done much lately due to all the stop-outs --- hurts. image i will try re-positioning... take care. S
- szbu replied Jan 5, 2008
Hi Steve, What's the time clock on the zulutrade? Thanks S 2008/01/04 08:13SELL1GBP/JPY215.571 2008/01/04 13:30214.779 79-12979 pips $730.911923 pips $10,083.17Limit 2008/01/04 12:13SELL1GBP/JPY216.228 2008/01/04 13:29215.692 54-554 pips $491.301844 ...
- szbu replied Jan 2, 2008
Hey Steve, Excellent! Thanks alot your broker!!! lol Mine is as 12/05/07 -- 01/02/08 4:10pm ET Realized +950 pips Drawdown -1415 pips Positions open 10 Acct +1.9% (if all positions were closed, acct would be -0.9%) Not really a very bad day for the ...
- szbu replied Dec 31, 2007
zulu trade — Hi Steve, I noticed that in your zulu trade, there were some closes with negatives: as following examples: you shorted @222.792 and closed @222.191 and it showed Pips/$=60 pips -$448.56 Why so? S Date OpenTypeLotsCurrencyOpenDate ...
- szbu replied Dec 31, 2007
Thanks Steve. This is in deed good food for thought in the newyear.
- szbu replied Dec 31, 2007
12/05 --/1231 Acct +12.9% it would be +0.7% if all positions were closed. I have 14 positions open.
- szbu replied Dec 31, 2007
i also hope g/j will bounce. Happy New Year Steve!
- szbu replied Dec 31, 2007
what a day so far for carry trade! GBP/JPY has been droping 300 pips in 3 hrs! Congrats anyone (i hope you Steve ) have made big money on this. I have 6 longs on G/J and the worst one has 170 pips from S/L.
- szbu replied Dec 27, 2007
Here you go: the point is that for every +-1000 pips, you have +-2% changing in your account. for $5000 account balance, set S/L=1000 pips per trade that is 2% of $5000. 2%*5000=$100 $100/1000pips=$0.1/pip for one pip changing, resulting $1 change ...
- szbu replied Dec 26, 2007
As one pointed out there was an error -- my fault, i did not use $1000 balance. But the analysis and the computation are still the same. Once again, You have $1000: 2% would be $20, $20/1000 = $0.02/pips we know lot size 10,000 units is $1 (roughly ...
- szbu replied Dec 26, 2007
Well, that is not Steve's Way. He wants S/L =1000 pips, which IS 2% of Acct Balance. Assume you have $1000 balance, 2% would be $200, $200/1000 = $0.2/pips we know lot size 10,000 units is $1 (roughly for g/j) for 1 pip. You need to buy 10000*0.2 = ...
- szbu replied Dec 24, 2007
I use OANDA and the open orders of OANDA show bearish over 226.13. Since OANDA is fair big broker, the summary may be reliable,correct? and can we use info for the trades of G/J? image
- szbu replied Dec 24, 2007
Thanks for clarifying.
- szbu replied Dec 22, 2007
Steve, I try to understand what you are concerned "margin call" on the account. You have stated you had used 1% per trade of account balance with 2% S/L of account balance in September and October, and now you have been using much less percentage ...
- szbu replied Dec 22, 2007
Steve, for Oct's that 40% was before having the drawdown counted? or not? Mine current as: Acct +9.9% if all positions were closed, acct would be +4.8%. You see the drawdown could reduce the "gain" 50%. my oldest one was placed on 12/10 for long ...
- szbu replied Dec 21, 2007
Tried to stay 10, but times derailed.