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Originally Posted by pipdetector Well I was also sorry to hear about your move with your live account. This must have hurt.
By paper profits I meant the profits that I showed on my balance on FXDD MT4 live account. I said paper profit because it would have become "real" only after the drawdown decreased to a reasonable level.
I do not know what's worse watching the catastrophe happening or looking at the ruins afterwards. Mine is the former case.
One thing is sure, I started to appreciate the EAs that do shorter term trades  |
I think being drained and choked by the ever increasing DD is way worse than dealing with the mess after the bomb. I tend to agree with you. I am somewhat relieved now but this relief may turn to despair later.
I also really appreciate EA's that get in, do there business and get out.
Rick