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 Post subject: how NOT to trade.
PostPosted: Fri Oct 23, 2009 10:46 am 
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Joined: Thu Jul 16, 2009 6:09 pm
Posts: 38
Location: U.K.
Hi Vahid and all traders.

Here is a way not to trade. These people managed to turn 100,000 USD into a 99% loss in one month. :shock:

Some of us may have already seem this on the FPA site. But before I post the link I will ask Vahid if I can do so.

Regards.

Alan


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 Post subject: Re: how NOT to trade.
PostPosted: Fri Oct 23, 2009 12:59 pm 
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Joined: Sat Jul 04, 2009 9:07 pm
Posts: 1250
Hi Alan,

Yes, please post the link :)

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 Post subject: Re: how NOT to trade.
PostPosted: Fri Oct 23, 2009 1:14 pm 
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Joined: Thu Jul 16, 2009 6:09 pm
Posts: 38
Location: U.K.
Hi

I post the link here. Maybe Vahid will prefer to move it to brokers review, managed accounts, but I put it here for now. It is a demo account.

http://www.forexpeacearmy.com/managed_f ... cials/demo

Regards

Alan


Last edited by alan99 on Fri Oct 23, 2009 1:35 pm, edited 1 time in total.

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 Post subject: Re: how NOT to trade.
PostPosted: Fri Oct 23, 2009 1:21 pm 
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Joined: Sat Jul 04, 2009 9:07 pm
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Thanks Alan. Their solution is in "reverse trading". It means when their system shows a buy signal they should sell and visa versa. Then the result will be 100% from the other direction.

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 Post subject: Re: how NOT to trade.
PostPosted: Fri Oct 23, 2009 1:31 pm 
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Joined: Thu Jul 16, 2009 6:09 pm
Posts: 38
Location: U.K.
Hi

Lucky is was a demo account.

Regards

Alan


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 Post subject: Re: how NOT to trade.
PostPosted: Fri Oct 23, 2009 2:05 pm 
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Joined: Sat Jul 04, 2009 9:07 pm
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Yes, but it is a great system if they reverse it.

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 Post subject: Re: how NOT to trade.
PostPosted: Sun Feb 21, 2010 11:08 am 
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Joined: Sun Feb 21, 2010 11:00 am
Posts: 13
I don't see it as a system, either reverse it or follow it.
50% you win all and 50% you will lose all, because buying long position of 6 trades at the sametime, without target profit and stop loss.

I would say a system of trying luck.

By tracking what happen during that period, it's economy downturn, any indicator should able to trace the down trend, don't we think?


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 Post subject: Re: how NOT to trade.
PostPosted: Mon Dec 13, 2010 9:34 am 
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Joined: Mon Dec 13, 2010 9:12 am
Posts: 2
i have not problem with "no to trade". i some times i have for 3-4 monts no one signal. and its no problem to stay out or market.


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