Recent content by DMFXTrader

How are you getting on? I am interested in joining twentytenfx and paying the £5000 fee but I am trying to find other people who have joined and if they think it was worth it. I saw your encouraging post back in March and now that 5 months have past I was wondering what your experience...

Now I see that the second demo account has lost 90% of its equity. Williama did say that this account will be traded the same way as he trades his live accounts so if you have given him your own money for him to trade then I personally would be very worried. It is only a matter of time before he...

My apologies Williama if it was only one account that was blown out, but surely blowing one account of $100,000 is a fairly big hit isn't it? Also, you did not mention that the account would be deliberately margined out until post 270 which was after the account had been wiped out and had a...

It is good to see that the demo system has increased its equity from £100,00 to over £500,000 in less than a month - very impressive - well done Williama. There was a bit of a drawdown at the begining but I think the trending markets over the last week or two has helped this system. It is a...

$50,000 drawdown on the live trade! That is scary.

Making the range smaller will actually make the amount of each pending order larger than if you had a larger range. If the market ranged within the 50 pip range and kept hitting the pending orders, after 3 or 4 times you would be placing incredibly large trades. Paper trade it to see what...

I think that the live trade has demonstrated that this system is not infalible and could lead to a margin call and major losses. If the lower target did not hit and GY started to range trade again then the available margin would have reduced to zero and you would have been forced to close some...

I have been watching the live trade on and off for the last two days now and have noticed that at this point in time you are $40,0000 down and have used up 2/3rds of your free margin. If you were unlucky and the market range traded for the next 24 hours you could easily use up the remaining...

From what I understand of this system there isn't any set rules of what lots to enter on the pending orders when each level is hit. As Williama just stated you just need to make sure the opposite side has more pending orders placed than the one you are in at the current time. Could you...

CA26 - The situation you are talking about has just happened in the live trade. As far as I can see after the first sell stop is triggered an extra pending order of 0.1 lots should be added at each level (not 0.2 for the sell stop orders!)

This is a great idea Williama - thanks for sharing. I think I understand everything but would like to see the live trades just to make sure. Are you still planning on another example on your demo platform today?