Dear subscribers!
We want to provide you short view on current situation on our signal account. Friday move on GBPUSD shifted our DD on critical side. When floating DD reached 5% we shifted trading to the manual control. 5.42 lots on GBPUSD has been left over the weekend. We will see how it goes after market be opened on Monday. We are going to cover all positions on GBPUSD when DD reaches 10% as was declared before. We are ready for taking such decision but still believe for positive outcome , but forex market is risky place and sometimes we have to make up our mind to its provocation.
If you can't accept higher risks that is now, you may close position not waiting until we do that. We realize that everyone of you has different balance and different risk settings. We don't want you got negative experience with us, and thus many of you have been warn against risk before subscribed. You were recommended to follow needed basis requirements to account (balance, leverage, buying power etc.). Who follow our rules has quite acceptable DD now. It is absolutely normal situation. For us it is only 7.1% DD on GBPUSD. We do not see any reason for panic.
Also this situation will be vastly analyzed and be considered this fact in our further work with signal's platforms.
So, as we mentioned above the main thing now to reduce DD by position covering if GBPUSD will continue to go down on Monday. It is important part of our risk management program, we will take this step consciously according trade algorithm.
If you have any questions – you can contact us by e-mail.
Thank you!
We want to provide you short view on current situation on our signal account. Friday move on GBPUSD shifted our DD on critical side. When floating DD reached 5% we shifted trading to the manual control. 5.42 lots on GBPUSD has been left over the weekend. We will see how it goes after market be opened on Monday. We are going to cover all positions on GBPUSD when DD reaches 10% as was declared before. We are ready for taking such decision but still believe for positive outcome , but forex market is risky place and sometimes we have to make up our mind to its provocation.
If you can't accept higher risks that is now, you may close position not waiting until we do that. We realize that everyone of you has different balance and different risk settings. We don't want you got negative experience with us, and thus many of you have been warn against risk before subscribed. You were recommended to follow needed basis requirements to account (balance, leverage, buying power etc.). Who follow our rules has quite acceptable DD now. It is absolutely normal situation. For us it is only 7.1% DD on GBPUSD. We do not see any reason for panic.
Also this situation will be vastly analyzed and be considered this fact in our further work with signal's platforms.
So, as we mentioned above the main thing now to reduce DD by position covering if GBPUSD will continue to go down on Monday. It is important part of our risk management program, we will take this step consciously according trade algorithm.
If you have any questions – you can contact us by e-mail.
Thank you!
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