Hello there ole boy!
So as it happens to be, GCAD is a strong performer on my Turkish friend's swing system (xau strongest, then all gbp pairs gj being top return gbp pair) , looking back at a h4 chart will show why, the retracements are powerful, its cool that many systems have discovered this, just proves the point further..
20% dd and so much crying... I hit 10,500 dd (60%) on a botched audnzd trade a few weeks back on the nzd news candle, i got in farrrr to early testing tma channel and i was buried for weeks finally got out with a 8500 loss, a few days later it would have returned a healthy profit, I could have closed at 20k balance instead of 7k! Has taken 2x as long to get back to HALF the balance I WOULD have had... And the dd never got worse, only improved from that point.. We learn.. Especially mm
GBP pairs are known for their many many retracements often near 100%, even with my HORRIBLE entry on audnzd and later on usdjpy, being patient for a retracement paid off, this is swing trading without a stop, it has dd, also has big returns, the op told us it would do this, he is an honest and giving guy, no need to lie, hes putting his real money out there, this is a rare thing on ff... Years of history with never a blown acct, just hang on, there may be other dd worse than this one in the future..
It's def an uncertain market, scary times, but looking back at history on the charts this stuff happens all the time, its what causes volatility and allows trading to be profitable, also dangerous...
So as it happens to be, GCAD is a strong performer on my Turkish friend's swing system (xau strongest, then all gbp pairs gj being top return gbp pair) , looking back at a h4 chart will show why, the retracements are powerful, its cool that many systems have discovered this, just proves the point further..
20% dd and so much crying... I hit 10,500 dd (60%) on a botched audnzd trade a few weeks back on the nzd news candle, i got in farrrr to early testing tma channel and i was buried for weeks finally got out with a 8500 loss, a few days later it would have returned a healthy profit, I could have closed at 20k balance instead of 7k! Has taken 2x as long to get back to HALF the balance I WOULD have had... And the dd never got worse, only improved from that point.. We learn.. Especially mm
GBP pairs are known for their many many retracements often near 100%, even with my HORRIBLE entry on audnzd and later on usdjpy, being patient for a retracement paid off, this is swing trading without a stop, it has dd, also has big returns, the op told us it would do this, he is an honest and giving guy, no need to lie, hes putting his real money out there, this is a rare thing on ff... Years of history with never a blown acct, just hang on, there may be other dd worse than this one in the future..
It's def an uncertain market, scary times, but looking back at history on the charts this stuff happens all the time, its what causes volatility and allows trading to be profitable, also dangerous...
2
oing same ting over expecting different results..Einstein
