Quote:
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Originally Posted by Soul-Trader2004
a discretionary trade would have bottled long before the next month's 61% return also.
but then a discretionary trader would never have got there in the first place.
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Soul I have to say it mate, you do spout an absolute load of garbage at times! Most of the time it's simply not worth the effort correcting you so I don't bother but abusing your moderator status to change someone's sig simply because they pointed out the pip value of eur/gbp, that was out of order.
A 48% drawdown one month, followed by a 61% return the next equates to a loss! Russell is right, a trader would never allow those kinds of drawdowns so you saying "
a discretionary trader would never have got there in the first place" is quite correct, but then I'm talking about a
trader.
You claim TA is bollox and discretionary trading doesn't work, in fact according to you the only thing that
does work are your automated systems which as far as I can see all lose money. Your excuse for the major drawdowns? Of course, it's a secret money management system!
What amazes me more than anything is the amount of people gullible enough to believe this crap
Ah, what's the point.....