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Today I received an email from one clown (Markus Heitkoetter) and actually he embedded a video from another clown https://www.forexincomeengine.com/z/?i=1337078&l=f209
Is here someone except me who thinks that they are wrong?
p.s.
Those are the mentors on the web!!
A hint: Try to calculate on 100 trades or more precisely on 990 trades, or use my calculator (in downloads).
p.p.s.
I'm never wrong!
Can you help answer these questions from other members on NexusFi?
When creating a new thread, note which subforum you are in. Here is a short list of suggestions:
- Topic: Anything to do with an Elite indicator -> Subforum: The Elite Circle
- Topic: Looking for an existing indicator, or how-to use an indicator -> Subforum: (the platform)
- Topic: Programmer needing help with non-Elite indicator -> Subforum: (the platform) - Programming
- Topic: Want an indicator created/modified -> Reply to "Want indicator created free" in Elite Circle
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- Topic: Discussion of Forex or Currency trading -> Subforum: Forex and Currency Trading
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- Topic: Discussion of a trading method -> Subforum: Traders Hideout
- Topic: Automated Trading -> Subforum: Elite Automated Trading
Last, any Elite Member may create more or less any of these topics in The Elite Circle at your own discretion (your support is appreciated).
This is just a short general list and doesn't cover everything. If you are unsure where to create your new thread, just create it in Traders Hideout and a moderator will move it if necessary.
The last number isn't a R:R ratio. Only the first number is R:R
Once he started doing more math, it's not considered R:R anymore!
It's close to expectancy, but it's not that. I'm not sure what he's doing.
Anyways, all of that is theoretical.
Your R:R isn't actually determined until you are out of the trade.
Then you can see your exact draw down and exact profit and determine your actual R:R.
I shorted the Swiss Franc yesterday afternoon at 1.1975 with a draw down of 1.1986 (11 ticks).
I covered my short at 1.1860 for 115 ticks with a R:R of 10.5:1
Also, if it's risk/reward then the fraction would be written at 1:10.5
I like the larger number first, so I am referencing reward/risk in my trade above.
Hey I just a RED FLAG warning me that this link is possibly MALWARE/SPYWARE. Are you intentionally trying to make this forum like EliteTrader, a site full of Viruses?
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
Haha, I remember stumbling across people like Bill Poulos when I first started out. It amazes me that he probably makes a decent living selling such junk...
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
