es lookingup
With this present open trade loss of 6K, a 29% dd from the equity when he started this trade on Oct 2 (dd per trade should be capped at a max of 5% of total equity) vendor has lost all credibility. He had a great entry on Oct 2 (jobs report day) ran up a profit of 2K but then did nothing when a clear bottom formed which lasted quite a while. He should have gotten out then because his average system profit is only 1K. Instead he let the profit evaporate and is now at a 6K loss, it seems he fell asleep at the wheel. This action or better inaction is irresponsible even if the present loss reverses. Luckily I placed a stop loss and got away with a small loss since there were clear warning signs: His previous failed or abandoned systems and the fact that he does not give any system description or background information.