hiding the open trades vote results
hiding the open trades Discussion
Sep 27, 2009 at 09:32
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10 Replies
Sep 27, 2009 at 09:32
Hiding the open trades is a clear proof that the system may be in a deep draw down. I have come across this website through forexpeacearm.com, and I honestly would say this website is not helping any good for the investors except putting them in a trap with EA sellers.
I suggest to use this website to filter the descent traders from the fake ones by providing all the information required to evaluate any system. I hope this suggestion to be considered
Regards
I suggest to use this website to filter the descent traders from the fake ones by providing all the information required to evaluate any system. I hope this suggestion to be considered
Regards
Member Since Aug 20, 2009
266 posts
Sep 27, 2009 at 11:41
macer posted:
Hiding the open trades is a clear proof that the system may be in a deep draw down.
Your statement is a clear oxymoron...........clear proof and may?
We have had this discussion before on this site..........and as biz0101 said, you can compare the equity with the balance and decide on the drawdown. I prefer to keep my strategy private and I do not like to reveal my open trades for this reason. A potential investor has all the information he needs to judge the performance of my system.......he does not need to know or understand the strategy and therefore does not need to know the open trades or trade history.
Furthermore, I don't care if people don't flock to my system............I have my own source of clients whom I refer to this site to monitor the performance for their own information. The presentation is far simpler and better than any other site and serves my purposes beautifully.
Wealth Creation Through Technology
Sep 27, 2009 at 12:38
biz0101, thank you for your comment, but if you spend a little more time analyzing some systems you will see that they almost hide everything, except the performance chart.
compuforexpamm, maybe I can judge on all your systems, but not all members show the required information.
compuforexpamm, maybe I can judge on all your systems, but not all members show the required information.
Sep 27, 2009 at 13:05
I actually expected the system sellers to dislike my statement..
How could someone evaluate these systems:
https://www.myfxbook.com/members/jacobofx/alfredo/1839
https://www.myfxbook.com/members/picware/liteforex-ilan-demo/469
https://www.myfxbook.com/members/engtraderfx/engfx-alpariuk/64
https://www.myfxbook.com/members/engtraderfx/engfx-gomarkets/62
https://www.myfxbook.com/members/PeterFM/eurusd/1661
https://www.myfxbook.com/members/WoodenShoes/trendchasers-super-ea/319
How could someone evaluate these systems:
https://www.myfxbook.com/members/jacobofx/alfredo/1839
https://www.myfxbook.com/members/picware/liteforex-ilan-demo/469
https://www.myfxbook.com/members/engtraderfx/engfx-alpariuk/64
https://www.myfxbook.com/members/engtraderfx/engfx-gomarkets/62
https://www.myfxbook.com/members/PeterFM/eurusd/1661
https://www.myfxbook.com/members/WoodenShoes/trendchasers-super-ea/319
Sep 27, 2009 at 13:16
macer, i agree with you partially.
you must remember that this site only provides you with the information the creator of a system would like to share. how else would you suggest to do that? force them to show all information?
also not all of the systems here are for sell, rent or for the purpose to attract clients - some are just for fun, or for bragging. so it's up to each user to decide what to share.
if you do decide to buy a system from someone or to have someone manage your account, you should contact them - i'm sure they'll provide you with all of the information you're seeking for, after all you are a potential client.
you must remember that this site only provides you with the information the creator of a system would like to share. how else would you suggest to do that? force them to show all information?
also not all of the systems here are for sell, rent or for the purpose to attract clients - some are just for fun, or for bragging. so it's up to each user to decide what to share.
if you do decide to buy a system from someone or to have someone manage your account, you should contact them - i'm sure they'll provide you with all of the information you're seeking for, after all you are a potential client.
Sleep is for the weak.
Sep 27, 2009 at 13:37
biz0101.. there is an old saying 'the bad people didn't leave a chance to the honorable ones'
I am sure there are many decent & talented traders.. but scammers are also more. In fact, I joined myfxbook.com looking for profitable system, in return I expect myfxbook to act as a filter that only spots the light to the real systems, and get rid off the scammers
I am still in the search stage for a system or account manager to handle the task for me, I would appreciate any guidance.
chrs
I am sure there are many decent & talented traders.. but scammers are also more. In fact, I joined myfxbook.com looking for profitable system, in return I expect myfxbook to act as a filter that only spots the light to the real systems, and get rid off the scammers
I am still in the search stage for a system or account manager to handle the task for me, I would appreciate any guidance.
chrs
Sep 27, 2009 at 13:46
macer i do see you point.
do not trust any results here until you get access to the trading account (in metatrader there's an investor password) or a proven track record. do ask for full contact details, as this is the first check for the trader's honesty.
other than than, i think you will need to experience by yourself. i do believe there are some talented traders here, the hard part is spotting them. they are very few and far in between.
do not trust any results here until you get access to the trading account (in metatrader there's an investor password) or a proven track record. do ask for full contact details, as this is the first check for the trader's honesty.
other than than, i think you will need to experience by yourself. i do believe there are some talented traders here, the hard part is spotting them. they are very few and far in between.
Sleep is for the weak.
Sep 27, 2009 at 16:29
Hi macer,
I am jacobofx, which owns Alfredo system (I just made it private). I joined myfxbook because it is a neat way to breakdown your account. I can see what I traded and how often. To me a system is just a suggestion of what you can do, it is up to the trader to take the trade or not.
I made Alfredo private because it is my money and there is just some things I rather not share. But I have two other systems (Pancho and Investors). I left almost everything public on these. These two accounts I do manage for other people (with a comission) and myfxbook has provided a neat way to show it to them.
Sorry but my systems are not for sale.... they are free!! But I can't guaranty that they will work. If anyone is interested in the system just send me a personal message with your e-mail, so I can send the indicators and templates.
Good luck to everyone
I am jacobofx, which owns Alfredo system (I just made it private). I joined myfxbook because it is a neat way to breakdown your account. I can see what I traded and how often. To me a system is just a suggestion of what you can do, it is up to the trader to take the trade or not.
I made Alfredo private because it is my money and there is just some things I rather not share. But I have two other systems (Pancho and Investors). I left almost everything public on these. These two accounts I do manage for other people (with a comission) and myfxbook has provided a neat way to show it to them.
Sorry but my systems are not for sale.... they are free!! But I can't guaranty that they will work. If anyone is interested in the system just send me a personal message with your e-mail, so I can send the indicators and templates.
Good luck to everyone
Member Since Jul 31, 2009
1449 posts
Sep 27, 2009 at 20:20
Macer, in the recent platform update we've added the percentage figure for an account's equity compared to the balance.
Thank you for your suggestion.
Thank you for your suggestion.
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