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Trading Made Simple

  • #83,141
  • Nov 5, 2017 2:14pm Nov 5, 2017 2:14pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...

Hi Emmanuel,

first of all, thank you for a great input into TMS thread!!!
And if it is not too late, I would also like to sign up to see your live trades.

Regards!
  • #83,142
  • Nov 5, 2017 3:07pm Nov 5, 2017 3:07pm
I'd also like to be part of it if i may.
  • #83,143
  • Nov 5, 2017 3:09pm Nov 5, 2017 3:09pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
Well, 69 is too sexual. Let's make it 70! Add me to the list, I want to take a closer look at your trades, as I believe it will be very helpful. Thanks in advance!
  • #83,144
  • Nov 5, 2017 4:13pm Nov 5, 2017 4:13pm
Quoting catalin_eros
{quote} Well, 69 is too sexual. Let's make it 70! Add me to the list, I want to take a closer look at your trades, as I believe it will be very helpful. Thanks in advance!
add me as well please, now that we surpassed the magic number
  • #83,145
  • Nov 5, 2017 6:56pm Nov 5, 2017 6:56pm
Quoting ItaTrader93
{quote} Definitely a better way to introduce yourself rather than the stuff you wrote yesterday . I'll try to keep it short, but since we are talking about two crucial points like MM and psychology i want to make this point as clear as i can. {quote} No, i can't (and by the way, it is not what i do). But i can see how it could EVENTUALLY be a more important factor, for some of us. For those people it would be a smart choice to determine risk size basing on the likelihood of consecutive losses. For me, as for many other traders, it would not...

I don't think you are grasping it,

at a win rate of 55% you will probably go down to 30%+ drawdown at some point

lets say you started off with 10k, and were risking 300 pounds per trade

at 30% drawdown you are now at 7,000 pounds and risking 210 pounds per trade

it's going to be more difficult to recover from the drawdown as you are required to risk less money, and you might even suffer another string of loosing trades on your way back upto your prior balance

if you risk 3% of your account with such a mediocre win rate then sooner or later you are likely to just go bust for the simple fact you keep falling into deep drawdown and it's not easy to recover from
  • #83,146
  • Edited Nov 6, 2017 3:22am Nov 5, 2017 7:17pm | Edited Nov 6, 2017 3:22am
Quoting kain775
{quote} I don't think you are grasping it, at a win rate of 55% you will probably go down to 30%+ drawdown at some point lets say you started off with 10k, and were risking 300 pounds per trade at 30% drawdown you are now at 7,000 pounds and risking 210 pounds per trade it's going to be more difficult to recover from the drawdown as you are required to risk less money, and you might even suffer another string of loosing trades on your way back upto your prior balance if you risk 3% of your account with such a mediocre win rate then sooner or later...
If you start with any amount of money and you find yourself down 30% on starting equity on a consistent basis...maybe you should take a pause to find out what is not working.

You keep focusing on DD, which is exactly what I never do. Again, I just need x% of winning operations out of the 220 I set as a target for the year. Period.

If I can reach it, with any combinations of wins/losses I'll have a certain kind of return on equity.

Again, this is neither the only way nor the best one available, but it perfectly fits myself so I just go with it.

EDIT:
Quote
lets say you started off with 10k, and were risking 300 pounds per trade

If you start with 10k risking 3% each trade, you won't be risking 300 pounds each trade. You start risking 300$ because 10k * 0,03 = 300$.

You risk 3% of equity each trade. Let's say you hit a target the first trade, you get 330$ profit, then you have 10.330$ on the account, and you will put another 3% on the new amount, so 10.330 * 0,03, and so on.
It's not over, until I win.
  • #83,147
  • Nov 5, 2017 8:01pm Nov 5, 2017 8:01pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
Hi emmanuel
Please count me in if you are convenient!
  • #83,148
  • Nov 5, 2017 9:02pm Nov 5, 2017 9:02pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
I know my level is still below the standard of the group. But would love to be considered to become the 70th member. Thank you
  • #83,149
  • Nov 5, 2017 10:26pm Nov 5, 2017 10:26pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...

Hi emmanuel,

Please add me into the list. Thank you.
  • #83,150
  • Nov 5, 2017 10:58pm Nov 5, 2017 10:58pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
Hi Emmanuel,

I already expressed my interest but not seeing myself in the 69 list. Can you please add me?

Okoso
  • #83,151
  • Nov 5, 2017 11:57pm Nov 5, 2017 11:57pm
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
hi please add me to the list, thanks!
  • #83,152
  • Nov 6, 2017 2:52am Nov 6, 2017 2:52am
Plz add me to the list,
Regards
Macajos
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
  • #83,153
  • Nov 6, 2017 3:15am Nov 6, 2017 3:15am
Quoting emmanuel7788
{quote} Updated list so far: .
Please add me to the list sir.

Thank you.

https://www.forexfactory.com/cvgreen46
All for one and one for all
  • #83,154
  • Nov 6, 2017 3:47am Nov 6, 2017 3:47am
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
Hi Emm, count me in please!
  • #83,155
  • Nov 6, 2017 6:40am Nov 6, 2017 6:40am
Quoting emmanuel7788
{quote} Updated list so far: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw https://www.forexfactory.com/mazibee...
please add me into your list.
thank you very much.

https://www.forexfactory.com/daijyobu
  • #83,156
  • Nov 6, 2017 8:52am Nov 6, 2017 8:52am
Hi emmanuel
Please count me in too
Thanks
  • #83,157
  • Nov 6, 2017 9:01am Nov 6, 2017 9:01am
Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME. If it is only you, I can simply give your my account investor password and you can login into my live account and follow live trades in realtime. But you must agree to a simple NDA with me. I have a small problem with leverage 1:400. My current broker only allow me 1:50 and they will reduce it to 1:25 in Jan 2018. I have to consider another broker who can offer me 1:100 or 1:200. Let me talk to the account manager. You do your weekly top down analysis post...

Yes please!
smile and the world smiles with you
  • #83,158
  • Nov 6, 2017 9:09am Nov 6, 2017 9:09am
PLS,
Add me to the list.
Thank you
  • #83,159
  • Nov 6, 2017 9:21am Nov 6, 2017 9:21am
Follow Emma, MEME EURUSD.
just wondering, now two positions both are + pips, when exit? see D1 color change?For average price, now TP is 1/2 ADR, 40 pips +
  • #83,160
  • Nov 6, 2017 9:38am Nov 6, 2017 9:38am
Add me to the list.
Thank you https://www.forexfactory.com/frango

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