Contest - riyaz22 (By riyaz22)

Gain : +10106.33%
Drawdown 63.00%
Pips: 6451.9
Trades 233
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Unknown

Contest - riyaz22 Discussion

Apr 23, 2012 at 13:36
12,569 Views
139 Replies
Member Since Sep 10, 2011   16 posts
May 28, 2012 at 18:36
I would like to post my account but the history before Riyaz is not good so you will just have to take my word and try his service. I have no reason to not tell the truth I am like you all looking for a good signal provider and as I said my account is up 30% in less than a week using Riyaz https://www.fxexplosivetradingsignals.com/
Member Since Feb 23, 2011   34 posts
May 28, 2012 at 21:51
How can your account be up by over 30% in less than a week when the signal service has only been operating for 24 hours and has increased the base demo account by 17%? Also has hit around 30% DD, so if you were running at double risk with low leverage you would have been close to a margin call...
Member Since Sep 27, 2011   30 posts
May 29, 2012 at 00:02
thank...riyaz..

your signal really awesome. love it so much..

Member Since Jun 23, 2011   36 posts
May 29, 2012 at 00:11
Thanks brothers

best regards
riyaz
Member Since Sep 27, 2011   30 posts
May 29, 2012 at 00:25
so fast reply...
Member Since Sep 10, 2011   16 posts
May 29, 2012 at 02:42
Hi CB75 I was Riyaz first client and started with his signals on May 23rd
Member Since Jan 24, 2010   4 posts
May 29, 2012 at 03:13 (edited May 29, 2012 at 03:13)

   JimmyWong posted:
   riyaz22 is not using scalping strategy but more to fundamental analysis so that it works for live account too because of the spread.

come on mate..what is that apart from scalping...It is only pure scalping.
Trader who trade Fundamental analysis does not trade like this. Fundamental analysis are trade based on the news and It will be for long term.
Not like this taking few position and closing with in few hours.
180 trade in less than month and you are saying fundamental. grow up and be mature.

website was developed before 3 days and you already know that he is trading on basis on fundamental ...LOL

see the previous post of riyaaz where he told that he was beginner and not professional.

If I can make even 6000% return on Live than i dont need to sell signal and make few bucks...grow up...
Member Since Jun 23, 2011   36 posts
May 29, 2012 at 03:22
@rudy
hi brother,actually I started my website signals after you.So maybe they have problems with it too.Anyway i welcome all the comments because they are encouraging me to do well with my signal services,managing accounts and later EA etc... I felt discouraged by a comment from a mate @vijay ,who (his name suggest) from my country.Insteed of encouraging me he try to affect me.I know Indian people loves and respect each other very much and help eachother in vital situation without any religious,race,politics.But I do not know why he doing so.Well may be he is helping me in his own way.I thanks him for all and best of luck to him.May Allah bless him with health,wealth and wisdom aamin.

best regards to you
riyaz
Member Since Jan 24, 2010   4 posts
May 29, 2012 at 03:56

   riyaz22 posted:
   @rudy
hi brother,actually I started my website signals after you.So maybe they have problems with it too.Anyway i welcome all the comments because they are encouraging me to do well with my signal services,managing accounts and later EA etc... I felt discouraged by a comment from a mate @vijay ,who (his name suggest) from my country.Insteed of encouraging me he try to affect me.I know Indian people loves and respect each other very much and help eachother in vital situation without any religious,race,politics.But I do not know why he doing so.Well may be he is helping me in his own way.I thanks him for all and best of luck to him.May Allah bless him with health,wealth and wisdom aamin.

best regards to you
riyaz
@riyaz,
sorry for that mate..if i have discouraged you. but that was not my intention. I pray to God for your success but the thing was about the reality.
When we are trading Demo it is virtual money and there is no risk of losing it so we take extreme risk and multiply the account size. now once our account is 2-3 million than we will take bigger lot size and even small portion of change in pips like 40-50 in gold will give huge profits.
But when we have got real 50K account and if there is a even 40% drawdown we would make emotional mistake and lead to drawdown.
I have been trading for last 8 years.
When i started trading initially in my career i have been trading demo and so many time i have made 50K account to 1 million in 2-3 months but that was demo only. I thought that forex is very easy and anybody can be millionaire.
When I have started with the Real account the scenario was totally different. Believe me biggest trader of the world manage to get 40-50% return yearly with their strict money management.

4 months back when another contest was there in these website there were so many trader who made 3000% returns in 3 weeks and what happened at the end MARGINAL CALL (99.99% drawdown)

regards
vijay
Member Since Jun 23, 2011   36 posts
May 29, 2012 at 04:24
@vijay

Thanks for message brother.I totally agree with you.I know when we trade in real its very tough to trade with so much risk.But its all upto the people own choice.I face same problems as you faced.I initially win big but due to lack of knowledge i lost.I am luck maybe be alhamdulillqah that i won cash prizes from different brokers and earn using them but lost some share from them.I am selling signal but with risk warnning.I am not trying to fool anyone.we have team who have 12years+ of experience.we also do not like and i personally do not like any of my client loss money using my signals.Mail me at [email protected]. I will send you something.Allahbless you with all success and happiness and also encourage me.

Thanks & regards
riyaz
Member Since Dec 12, 2010   7 posts
May 29, 2012 at 12:21
riyaz,

1st of all I would like to congratulate you for your achievement. I have seen many competition where people have made 5000% to 8000% but you have won this contest 24 days before contest gets over, for me thats impressive. I know not many will use SL & TP in contest account & no body will use lot size according to money management, so for me % change in equity is nothing & DD of account is nothing in contest account, what I look is W:L ration & avg pips of winning trade & losing trade. You have done pretty well in W:L ratio but avg pip in losing & winning trade is little concern but not much. You are doing good till now. I will like to see you perform so well in future too. I personally like to see W:L ratio, improved avg winning & lossing trade pips & how you are trading when currency is not trending to have full judgement of your skill. Guys lets give a big applause to the man, he have done incredible trading in this contest.


P.S. This below example is not related to riyaz22, its just a common thing I want to tell everyone who are only talking about % growth of their accounts...

@everyone...
Guys next time please talk about your growth in pips, how many pips you earned in how many days, please do not use % change of your account. Because we have two scenerio
1]If A guys earn 100 pips & use 1 std lot then A can earn 1000$ from 100$ investment which is 1000% return on investment, & 2] If B can earn 500 pips & uses only 0.01 lot size then B earns only 50$ from 100$ investment which is 50% on investment, so tell me who is better trader.

This is humble request to everyone in this forum to discuss their success in terms of pips....Guys Iam not jealous of anyone here, infact I like to see more winners because that encourages me that more ppl are winning in forex, this is good sign & encouraging to anyone. But true unit of measurement of success should be PIPS...!!

Hope everyone can understand me & hope ppl will take this as positive comment rather than a jealousy comment.

Cheers
To achieve all the goals successfully.
Member Since Jun 23, 2011   36 posts
May 29, 2012 at 12:42
Dear Brother

First of all thanks for your all comments.Yes you are right at your place.When i start trading this contest I want it to win but was not sure because maybe lack of confidence.i dont have enough money to show anyone how I could do same in my real account.But I know Allah already give me some assets to perform well and win.By this contest now I am confident to perform well and also observe my abilities.
I am selling signal not with own experience but doing this with the help of some professionals who have more than 12-14years of experience.I am not willing to cheat people by selling signals, but i am confident and have faith in people working with me.We do not assure anyone that we will 1000% every day.But yah not let their accounts run out of the race.We placed risk warning with signals and also its upto the person how much he want to trade using our signals.

The best person according to me in this contest is contest-twin who is right now at 2nd place.I dont know why he didnt trade a single position since last 2 weeks otherwise he already overtake me.He is winner according to your observation because he made good in pipes.

best regards
riyaz
Member Since Jul 15, 2011   131 posts
May 29, 2012 at 13:16

   alex4xes posted:
   riyaz,

1st of all I would like to congratulate you for your achievement. I have seen many competition where people have made 5000% to 8000% but you have won this contest 24 days before contest gets over, for me thats impressive. I know not many will use SL & TP in contest account & no body will use lot size according to money management, so for me % change in equity is nothing & DD of account is nothing in contest account, what I look is W:L ration & avg pips of winning trade & losing trade. You have done pretty well in W:L ratio but avg pip in losing & winning trade is little concern but not much. You are doing good till now. I will like to see you perform so well in future too. I personally like to see W:L ratio, improved avg winning & lossing trade pips & how you are trading when currency is not trending to have full judgement of your skill. Guys lets give a big applause to the man, he have done incredible trading in this contest.


P.S. This below example is not related to riyaz22, its just a common thing I want to tell everyone who are only talking about % growth of their accounts...

@everyone...
Guys next time please talk about your growth in pips, how many pips you earned in how many days, please do not use % change of your account. Because we have two scenerio
1]If A guys earn 100 pips & use 1 std lot then A can earn 1000$ from 100$ investment which is 1000% return on investment, & 2] If B can earn 500 pips & uses only 0.01 lot size then B earns only 50$ from 100$ investment which is 50% on investment, so tell me who is better trader.

This is humble request to everyone in this forum to discuss their success in terms of pips....Guys Iam not jealous of anyone here, infact I like to see more winners because that encourages me that more ppl are winning in forex, this is good sign & encouraging to anyone. But true unit of measurement of success should be PIPS...!!

Hope everyone can understand me & hope ppl will take this as positive comment rather than a jealousy comment.

Cheers

Terms of pips is worthless. You can have negative pips balance and still in profit. It all depends of money management
Member Since Dec 12, 2010   7 posts
May 29, 2012 at 13:23
riyaz,.

I didnt comment anything about your signals. Please dont take it otherwise. I just stated what I think of you as of now & what I expect from you in future, if at all you are interested to continue any of demo result in myfxbook. I wanted that people can start talking in terms of pips that all I wanted, nothing more & nothing less. And regarding best person I would rate twin with 100 points & you with 95 points, -5 points to you for avg losing pip is more than avg winning pips.

Allah bless all..

Cheers...
To achieve all the goals successfully.
Member Since Dec 12, 2010   7 posts
May 29, 2012 at 13:27 (edited May 29, 2012 at 13:46)
profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers
To achieve all the goals successfully.
Member Since Jun 23, 2011   36 posts
May 29, 2012 at 13:27
yah that i understand brother. I thank you for what you think and appreciate about me.Yah i totally agree with you about contest-twin.

best regards
riyaz
Member Since May 29, 2012   1 posts
May 29, 2012 at 14:07

   profix posted:
   

   alex4xes posted:
   riyaz,

1st of all I would like to congratulate you for your achievement. I have seen many competition where people have made 5000% to 8000% but you have won this contest 24 days before contest gets over, for me thats impressive. I know not many will use SL & TP in contest account & no body will use lot size according to money management, so for me % change in equity is nothing & DD of account is nothing in contest account, what I look is W:L ration & avg pips of winning trade & losing trade. You have done pretty well in W:L ratio but avg pip in losing & winning trade is little concern but not much. You are doing good till now. I will like to see you perform so well in future too. I personally like to see W:L ratio, improved avg winning & lossing trade pips & how you are trading when currency is not trending to have full judgement of your skill. Guys lets give a big applause to the man, he have done incredible trading in this contest.


P.S. This below example is not related to riyaz22, its just a common thing I want to tell everyone who are only talking about % growth of their accounts...

@everyone...
Guys next time please talk about your growth in pips, how many pips you earned in how many days, please do not use % change of your account. Because we have two scenerio
1]If A guys earn 100 pips & use 1 std lot then A can earn 1000$ from 100$ investment which is 1000% return on investment, & 2] If B can earn 500 pips & uses only 0.01 lot size then B earns only 50$ from 100$ investment which is 50% on investment, so tell me who is better trader.

This is humble request to everyone in this forum to discuss their success in terms of pips....Guys Iam not jealous of anyone here, infact I like to see more winners because that encourages me that more ppl are winning in forex, this is good sign & encouraging to anyone. But true unit of measurement of success should be PIPS...!!

Hope everyone can understand me & hope ppl will take this as positive comment rather than a jealousy comment.

Cheers

Terms of pips is worthless. You can have negative pips balance and still in profit. It all depends of money management

Right ON Point. Pips is Nothing
Member Since Sep 27, 2011   30 posts
May 30, 2012 at 00:28

   alex4xes posted:
   riyaz,

1st of all I would like to congratulate you for your achievement. I have seen many competition where people have made 5000% to 8000% but you have won this contest 24 days before contest gets over, for me thats impressive. I know not many will use SL & TP in contest account & no body will use lot size according to money management, so for me % change in equity is nothing & DD of account is nothing in contest account, what I look is W:L ration & avg pips of winning trade & losing trade. You have done pretty well in W:L ratio but avg pip in losing & winning trade is little concern but not much. You are doing good till now. I will like to see you perform so well in future too. I personally like to see W:L ratio, improved avg winning & lossing trade pips & how you are trading when currency is not trending to have full judgement of your skill. Guys lets give a big applause to the man, he have done incredible trading in this contest.


P.S. This below example is not related to riyaz22, its just a common thing I want to tell everyone who are only talking about % growth of their accounts...

@everyone...
Guys next time please talk about your growth in pips, how many pips you earned in how many days, please do not use % change of your account. Because we have two scenerio
1]If A guys earn 100 pips & use 1 std lot then A can earn 1000$ from 100$ investment which is 1000% return on investment, & 2] If B can earn 500 pips & uses only 0.01 lot size then B earns only 50$ from 100$ investment which is 50% on investment, so tell me who is better trader.

This is humble request to everyone in this forum to discuss their success in terms of pips....Guys Iam not jealous of anyone here, infact I like to see more winners because that encourages me that more ppl are winning in forex, this is good sign & encouraging to anyone. But true unit of measurement of success should be PIPS...!!

Hope everyone can understand me & hope ppl will take this as positive comment rather than a jealousy comment.

Cheers


subscribe the signal and try yourself. it really worth for you.
:D
Member Since Sep 27, 2011   30 posts
May 30, 2012 at 00:33
for those want the comment riyaz signal,, why not try yourself the signal and comment later.
Member Since Jul 15, 2011   131 posts
May 30, 2012 at 00:49

   alex4xes posted:
   profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers

Pips are totally pointless, only beginners count them.. Maybe once, when you are more experienced, you will understand...you still thinking in just one dimension when it comes to MM😉
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.