My Manual Trading using FXPM V2

Quoting profitfarmer

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{quote} once i had the same feel, and a great run...not my money, as i was up a lot... all looked great. the ECB had something to do, and market tanked fast and just enough to kill me....-25k. a lesson learnt. the money is mine, but only when in my wallet. brokers can go bust after, central banks can play tricks, fear can cause flash crash. you can start to scale out slowly, and keep gaining too, yet, least wont lose more than part of the profits. but it is only a suggestion. on weeks when you gain 8000$, it is ok to take out half, and still go...

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Quoting Kxeroo

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So dear friend abusaad, You are selling a system you developed. Since you are under commertial content mind to tell us what is the deal ? And since it is a system do you think it will fit all traders?

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Quoting profitfarmer

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{quote} this may help: http://fxpmsoftware.com/trial/ http://fxpmsoftware.com/pricing/

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Quoting Kxeroo

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{quote} Abusaad you really made my day. I am really sorry to say that and please dont get offended but dear friend you make 3000 USD a day and selling a system for 7 usd?. Wouldnt it make more sense to promote that something more worth it or make it absolutely free. You have really interesting personality pal.

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Quoting abusaad412

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{quote} Dear Kxeroo, None taken i am not promoting a 7$ system. first of all i went to the commercial side because that system cant be giving freely . So what is the use to talk about it in the trading system if no one can get it free !!. secondly , its not a 7$ btw it cost me 997$ per year ( the 7$ is a trail for 7 days only )

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Quoting Kxeroo

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{quote} Hey Abusaad, First of all I have to apologise not reading everything offered and what is it about yet comment about it. I checked through my phone at night on a dinner out with friends so I gave a quick response which wasn't right. I had some spare time to watched the videos and read the statements quickly and I would like to give my quick review about it.
It OK mate sometimes yes we rush a ( like me and my trading style )

- I can see a lot of work and capital put to create this system. - In the web site it is referred as Interbank strategy (scaling in and out is not quite what interbank strategy alone
Agree with you , and i think its part of the Marketing plan for the system .

- trading that strategy in M1 and M5 is certainly cannot be part of that strategy). Some of the trades on videos taken on news events. (they have some guts)
True i didnt realize the power of the system untill i saw how it shows you when and where to snatch 7 - 20 pips in the huge news release.( i Wish i have the time on those red news when it comes usually not around due to work )

FXPM broker is not offering anything extra as it claims. Today a lot of brokers giving the same or less spreads.
Yes and i myself are using ICMarket as a broker ( Normal mt4 platform )

- It is quite a worry to consider this system can fit from new trader to professional trader. Most of the videos I watched taking counter trends. - There is a money management (thank god it seems better than yours abusaad )

And this is where i cant find my self following there rules lool , so i created my own ones

but if you get caught wrong side it might take quite good time to recover the day before (good thing is "all or nothing guys" don't need to worry this one (given trading on a news event with M1 and M5)).
I am just waiting for that to happen

- Again this is not a rookie trader tool. The grids usually 10 points and most of the videos shows 1:3 RR. If you follow that one on a trending market out of 15 trades you wouldn't be making 12-13 winning as it is shown. - The fact that it is always plays the retracement on very short time frames not appealing (at least to me - may be longer time frames better)
Its all about hit and run and dont be greedy .But you have to know where you are going to hit or you will be hiiten
- I am not going to comment on the actual price but that 7 USD trial looks funny no matter what. Okay I am done for now. May be add something later again. Wish you all good weekend.

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Quoting abusaad412

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Finally i convinced my self to withdraw 4100$ out of the crazy game and into my wallet. let the journey begin OR end fast

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Quoting abusaad412

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Finally i convinced my self to withdraw 4100$ out of the crazy game and into my wallet. let the journey begin OR end fast

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Quoting Kxeroo

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{quote} Thank god!

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Quoting profitfarmer

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{quote} good. it is always a battle between letting all run and compound, or go on a safer path forward and keep withdrawing. for one, i found the middle ground works good for me, taking off the table about half the gains, and let the other half grow on the trading account. i think your current equity is about the level where this may also suit you well.

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Quoting Kxeroo

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Is it me or it happens exactly how I described for this system. Goodb that you took some money out and didnt damage account too bad. But that drawdown doesnt seem too good on that amazing run. Anyway you will recover and get back. Still going pretty good.

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Quoting Kxeroo

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Well done mate. I think instead of selling that system you should sell you risky version. It may tempt more people

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Quoting abusaad412

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i dont know when my luck will stop loool

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Quoting profitfarmer

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{quote} be prepared for a rainy day...but keep making hay while the sun is shining!! a real profit farmer's advice

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