MoneyTec.com Traders Community Forum - View Single Post - OzFx System :) 100-800 Pips Per Trade

popoola · 09-07-2008, 06:23

Hi Ruffen

Thanks for answering to my post. You, marketwavez and golhuntsleep ought to be mentioned in my last post along with iris. Much respect.

I wasnt saying the strategy was perfect. No strategy is. And of course 50% drawdown is suicidal. However if this strategy is traded withing excellent MM of say max 5% account size with experience it can work out.

My other argument is even if the drawdown is heavy as this one can be. People should not be quick to scream scam. As I said above I tested this strategy and made money with it. I have strategies of my own that would have failed woefully in those conditions where I traded his strategy with profit.

Thanks again for your input. Keep dishing out the good for stuff.

09-07-2008, 06:23	#71 (permalink)
popoola level 2 Join Date: Sep 2005 Posts: 507 Rep Power: 4	Re: OzFx System :) 100-800 Pips Per Trade Hi Ruffen Thanks for answering to my post. You, marketwavez and golhuntsleep ought to be mentioned in my last post along with iris. Much respect. I wasnt saying the strategy was perfect. No strategy is. And of course 50% drawdown is suicidal. However if this strategy is traded withing excellent MM of say max 5% account size with experience it can work out. My other argument is even if the drawdown is heavy as this one can be. People should not be quick to scream scam. As I said above I tested this strategy and made money with it. I have strategies of my own that would have failed woefully in those conditions where I traded his strategy with profit. Thanks again for your input. Keep dishing out the good for stuff.