After the last couple weeks I'm just waiting for the other shoe to drop. To give you an idea, a typical month for this trading method averages about 15-20% with these risk numbers. So we're a bit above the curve to say the least.
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The Psychology of Handling Large Drawdowns
6 days ago
6 comments:
Yep, INO is making the push. I bet Michelle is better looking than Brad. Too bad I will never know.
Michelle,
You seem to miss the point of my website. I'm not selling anything including ad space at my site.
I trade the markets. This makes me money. Blogging is for fun and corresponding with other traders.
If you actually trade or are interested in having me manage an actively traded Forex or Futures account on your behalf (minus management and profit sharing) I'd be happy to talk with you further.
Otherwise I will delete any further comments as spam. Thanks and have a nice day.
LT
Hey Tedders,
That chart you have up there with the 8 trades, is that using Phil's system or a combo? 8 trades are kind of short but so far so good it looks like.
Yes it is Phil's system on the Pound. And of course 8 trades doesn't tell the whole picture. To give you an idea for the past 6 months the system has averaged about 10-15%. Now we are having a 40%+ (now actually closer to 70%).
LT
what time frame are you trading the gbp on. Those are fantastic results to say the least. Hopefully not to much of a drawdown.
15 min time frame. No the drawdowns are quite reasonable (<25%)
LT
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