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Profit Taking Requirement User Poll
Last Post 11 Nov 2010 07:20 AM by wringle. 25 Replies.
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MJ
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MJ
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02 Apr 2009 06:44 AM  
Posted By Carlo on 02 Apr 2009 01:37 AM
30 pips rule: Average of 30 pips or every positive trade minimum?

DD rule of 15%: On or OFF?


Hi Carlo,
30 pips minimum for every positive trade (see more explanation above).
There is no DD rule at all for the April contest.
mj
piyush08
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piyush08
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07 Apr 2009 02:25 PM  
What if one closes a few trades below 30 pips by mistake? Say, less than 5-10% of all trades done.
MJ
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MJ
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08 Apr 2009 10:43 AM  
Posted By piyush08 on 07 Apr 2009 02:25 PM
What if one closes a few trades below 30 pips by mistake? Say, less than 5-10% of all trades done.

Hello Piyush08,
The rule is still 30 pips profit.
mj
piyush08
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08 Apr 2009 11:06 AM  
hey common.. I think you can be a little flexible here.. I thought the idea behind having this was to stop people from exploiting issues with Itradefx data coming in late or slow or other such thing... So if you have a system where 10% trade be allowed to close below 30 pips, would solve both your problem as well as that of people who close trades below 30 pips by mistake. Please consider the suggestion rather than outright dismiss it.
allangenex
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allangenex
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08 Apr 2009 11:56 AM  
I was actually profitting 28pips and not in time to reach 30pips ended up losing all the pips and now in negative. Ha, well, i guesed it is just part and parcel of trading under restricted environment. I'll take it as a challenge and probably form a new strategy to tackle it. E.g. trade in the middle of a range trade or something like that.
wringle
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wringle
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11 Nov 2010 07:20 AM  
Now you have the property. Next step is to decide if you want to manage the property your self, or hire a property management company. If you want to manage the property your self, you should get training from your local apartment association. They have classes to help you. Also, you should read on property management. Don't just jump in and start being a land lord and not know what you are getting your self into, and what demands/requirements are needed.

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