Hi All, just thought i would drop in a comment here about my blog and the talk going around the web
I don't normally bother commenting but ive seen so many visitors come from sites such as forextsd and moneytec that you are obviously interested. There have been some comments in some forums that need to be addressed
Firstly let me tell you a few facts.
1. I dont have a problem with a 50% drawdown- in fact im happy providing the system does not touch 65%.
2. the bigger the drawdown the better the system works - thats because of a very clever money management strategy which i cannot reveal.
3. at the moment, due to a legal reason, i cannot explain exactly why this last drawdown caused a problem - one thing is for sure it was not the depth of the drawdown - the 50% thing is quite acceptable (though yes, it is painful and i would prefer not to have it!).
Sometime in the near future i will be posting to the blog exactly why it was a problem and what lessons we learned and the actions taken.
Since Christmas eve the system had 12 winning days on the trot - the drawdown was 415 pips and the recovery 515 pips in 2 weeks.
The project to make 1 million from £10k is still a reality and is still alive - the timescale has changed but then this is a long journey and one worth taking - when a pilot in London boards his plane to go to New York he is off course 90% of the time. Making corrections as he goes along and doing the same things over and over again, making small changes here and small changesthere, eventually he reaches his destination.
what i would say to you is don't write this off yet. Many people are talking about the grail experiment and are saying it's over and done - nothing could be further from the truth and all will be revealed as soon as I can.
so knock that smirk off your face right now! (lol)
