Today could be a day for yen longs.
GBPJPY to 171 and EURJPY to 136
GBPJPY to 171 and EURJPY to 136
Dukascopy Live Account - Don't Post if you haven't traded live with them! 117 replies
Value of Time, Opportunity vs Risk; Exit, PSize all that Jazz 10 replies
go live or bust ... diary of an fx live-trader-wannabe 1,621 replies
Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies
Oanda 10$ live acc quick-start guide (for newbie to trade live safe) 13 replies
DislikedHi @blackwater. Here is the link which we shared: http://jazzforex.com/forexwall/drawdown-and-losses/ I wish people like @eamonitor @globebuster will put some effort to know Jazz trading system instead of creating brand new accounts at FF and myfxbook just to say we had a DD. Obviously given eamonitor profile at myfxbook, its fairly clear we have hurt some signal providers who are good for nothing anyways but it hurts them when their trading scores are measured. Even we lost on trading metrics as our SQN dips to 2.4 from 3.3. We know...Ignored
Win ratio is useless metric to compare. Many signal providers esp some we have ranked on our site have 90% win ratio but they make pathetic returns and also end up in major floating losses. They are afraid to take losses.
What matters is if a system is able to cut out short term losses and take a hit while preparing for long term returns. No system in the world can make money over long period of time if it has bad risk management. Jazz avg winner is $315 while avg loser is $210. Therefore risk reward is favorable. That is why it is superior in its profile. We will some day publish some articles on what is going on behind the scenes.
Disliked@Blackwater I think the system will easily make another 20% in Sept. Maybe a few percentage more actually I dont think we will be trying the speculative crap we did on thursday and friday. We have a business to handleIgnored