Ok you speak of two different dates so let me address the two date separately.
Absolute drawdown was on (Jun 21) we saw our maximal drawndown of -2998 -24.95% our Custom Fibonacci system indicated that USD/CAD had hit critical point by spiking three times back to back and couldn't couldn't continue
trading at such high level so we Increased our trading size to see the to catch the profit when it fell. Which ended the day with $720.23 on one day's profit. So the day you speak of Jun 21 a Drawdown of 2998 (which was really -2234 floating profit) was also our most profitably day in trading. And our software insured us that our account was never in any real danger.
Now for the 91 lot trade on Jul 5 then closed on Jul 5 23min later
07.05.2013 15:33 07.05.2013 15:56 GBPUSD Buy 0.91 1.48845 1.49070 22.5 204.75 23m 2.90%
we saw maximal draw-down for for this trade and all the other trades that was open at the same time -2.44%
you can confirm this numbers at
Forex.V7 real Now if -2.44% is too much drawdown I'm afraid I don't know how to tell you if -2.44% is too much then the Forex market may not be the best place for you.
And in regrades to -2998 drawdown the entire trade length was only 4 hours and is extremely rear we never saw a situation similarly in the account history or the demo account and haven't seen another since. But when a problem arise we handle it coordinately. Keeping our account and thous that follow us safe and profitable.
More Importantly we have ratio system, so none have to follow Forex.V7 trade lot for trade lot
let me explain
A. Yes by default you start a 1:1 RATIO With Forex.V7
eg. Forex.V7 open trade 0.10
Your account opens at 0.10
you can pick to increase or lower the ratio
INCREASING THE RATIO eg.
YOUR NEW RATIO 1:3
eg. Forex.V7 Open Trade 0.10
Your Account Opens At 0.30
INCREASING RATIO eg.(2)
YOUR NEW RATIO AT 1:10.5
eg. Forex.V7 Opens Trade 0.10
Your Account Opens At 1.03
LOWING RATIO eg.
YOUR NEW RATIO at 1:0.3
eg. Forex.V7 Open Trade 0.10
Your account Opens At 0.03
So your account only risk what you wish it to risk buy using ratio system.
Finally on to the -300 pips problem we don't make pips our main concern we have closed many trades resulting in negative pips but positive in ($)
So I respect your fear of our system it very understandable because you have seen Forex.V7 long enough so i implore you to wait first. Come back visit month to month to get better understanding of how Forex.V7 handles the market, watch our results for the next six months. And you will see how Forex.V7 is using safely with all our trading. We tested and developed Forex.V7 software for 3 years before releasing it. I tell many to study any system for at least year before investing in it. Including my own
Happy Trading - V7
