PAMM (Managed Accounts) running for +1yr (By ranesh)
The user has made his system private.
PAMM (Managed Accounts) running for +1yr Discussion
Member Since Jul 29, 2010
53 posts
Nov 26, 2010 at 22:40
Silence and not updating is usually related to poo.
I need your money to buy more drinks and women. Secure investment.
forex_trader_16715
Member Since Aug 14, 2010
219 posts
Nov 27, 2010 at 02:57
He could be taking a week off for the Holiday 😳
However, considering the Open Trades. DD etc, you're probably closer to the truth. We'll see shortly!
However, considering the Open Trades. DD etc, you're probably closer to the truth. We'll see shortly!
Nov 27, 2010 at 07:35
By the way ... I'm with Oanda (and honestly, they're a superb broker 😀) and I have to copy the link to have my account updated. But with MT4 accounts it's automatic isn't it? So probably Ranesh is indeed on holiday because if he opens his MT4 then it will update, am I right?
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
forex_trader_16715
Member Since Aug 14, 2010
219 posts
Nov 27, 2010 at 07:50
speki posted:Yes this is true. Automatically updates when you run the Platform. However, traders have the option to turn off the automatic publisher at anytime.
. But with MT4 accounts it's automatic isn't it? So probably Ranesh is indeed on holiday because if he opens his MT4 then it will update, am I right?
Member Since Jul 29, 2010
53 posts
Nov 27, 2010 at 10:53
(edited Nov 27, 2010 at 10:54)
On a holiday with ~10% floating DD and no stop loss, I doubt it.😎😎😎
Ranesh is proffessional money manager, PAMM does not take a rest.
Ranesh is proffessional money manager, PAMM does not take a rest.
I need your money to buy more drinks and women. Secure investment.
Nov 27, 2010 at 10:58
What 10 % are you talking about? I see Equity 72 % on the left, but the yellow line does not show 10 % on the graph either.
I just can't follow all those numbers. Or myfxbook has a problem with those calculations.
I just can't follow all those numbers. Or myfxbook has a problem with those calculations.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Jul 29, 2010
53 posts
Nov 27, 2010 at 11:22
(edited Nov 27, 2010 at 11:25)
Yesterday before today's update it was ~91%.
I'm just wondering why this floating DD is not visible looking at the equity curve, it still looks just fine. Maybe when the owner does not update while in floating DD it's not reflected on the myfxbook's equity curve.
So a simple math: 141.36% * 72.75% = 102.84%.
After 3 months of trading: if ranesh decides to close all trades right now there will be 2.84% net profit.
Although ranesh was quite sarcastic about the general opinion that hold and hope strategies are stupid he proved that 'HOLD AND HOPE STRATEGIES DON'T WORK FINE' and are stupid in the long term.
I'm just wondering why this floating DD is not visible looking at the equity curve, it still looks just fine. Maybe when the owner does not update while in floating DD it's not reflected on the myfxbook's equity curve.
So a simple math: 141.36% * 72.75% = 102.84%.
After 3 months of trading: if ranesh decides to close all trades right now there will be 2.84% net profit.
Although ranesh was quite sarcastic about the general opinion that hold and hope strategies are stupid he proved that 'HOLD AND HOPE STRATEGIES DON'T WORK FINE' and are stupid in the long term.
I need your money to buy more drinks and women. Secure investment.
Nov 27, 2010 at 11:49
Well a profit is still a profit, if it's 2.84% or 28.4%. If you search for systems in profit at least 1 year old, you have 65. At least 2 years old - only 14 in the game. As long as he makes more than the bank would pay - it's good.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Feb 16, 2010
1332 posts
Nov 27, 2010 at 21:50
ranesh posted:
Hey stranger - been a long time and you've already forgotten my name - it's Robert Walters ! I'm offended that you didn't even get my name right ! Haha !
Yup - right here chugging along slowly but steadily 'upwards' gaining 'positively'... just the way I like it. And I'm glad I look at my monthly gain chart the right side up... just imagine the plight of some poor folk who look at their monthly gain chart upside down and think they're posting gains month after month when in reality it's losses month after month??
Oh and you should try this new technique I've picked up from someone here who I think is a guru ... it's called 'hoping and holding' or 'hoping and praying'... something like that anyway. It works like a charm. 😉
So.... are we still on to feed the hungry across the ocean ??
Hope u've been taking a loss here and a loss there just to keep the 'big girls brigade' happy ! Lol !
Well.... gotta get back to 'chugging along'. See you at the top ! 😉
You're much quieter right now.
Almost all of your 3 month gains are now transformed into a laaaarge floating loss.
I just feel pitty about those guys who are linked to your PAMM account.
That's the true face of the 'hold and hope' strategies. It really works like charm, right?
Fighting the market is pointless, the market allways wins, it's stronger and allways will be. We gotta choose our battles and accept small losses. It's not so important to win all battles, we gotta win the war. If you put all your efforts into a single battle it will exhaust you to the point that you won't be able to participate in the next one.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Feb 16, 2010
1332 posts
Nov 29, 2010 at 09:47
speki posted:
Well a profit is still a profit, if it's 2.84% or 28.4%. If you search for systems in profit at least 1 year old, you have 65. At least 2 years old - only 14 in the game. As long as he makes more than the bank would pay - it's good.
It's not about whether it's in profit or loss, it's about the pace the profit turns itself into a loss or the loss eats the profit. In this case we have a beatiful ~3 months profit eaten by the floating loss in just few days which is very bad ratio. Basically this is what could be expected by all 'hold and hope' strategies. It's called: Eat like a bird, poop like an elephant.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Nov 29, 2010 at 10:34
Hmm, bird and elephant, that's funny. 😄
It's hard to figure details of the system with so little information available. I for one still think that there is consistency in Ranesh's trading. And I like that his 'average profit' is not 3, but 33 pips. But I also agree with what you say regarding the 3 months profit being locked up in sterling longs.
And how is the RobW versus Ranesh thing? RobW never puts a whitespace before question or exclamation marks. Ranesh often does. Well it might just be that he's a master scammer as you said. :) As I said I think he's not RobW.
It's hard to figure details of the system with so little information available. I for one still think that there is consistency in Ranesh's trading. And I like that his 'average profit' is not 3, but 33 pips. But I also agree with what you say regarding the 3 months profit being locked up in sterling longs.
And how is the RobW versus Ranesh thing? RobW never puts a whitespace before question or exclamation marks. Ranesh often does. Well it might just be that he's a master scammer as you said. :) As I said I think he's not RobW.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Feb 16, 2010
1332 posts
Dec 02, 2010 at 16:47
I think commercial systems require daily updates.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
forex_trader_16715
Member Since Aug 14, 2010
219 posts
Dec 03, 2010 at 04:17
forexma posted:
It's called: Eat like a bird, poop like an elephant.😀 - And once a Villain always a Villain. Hope and Hold, perfect Stats, until meltdown and similar attitude.... I'd say its the same fella who offered to show his Trading Strategy Live, if I flew out to Chicago. But, whether who is who..... The trading concept still proves us right and the Account managers wrong.... I'd bet a Pip that we never see an update....
Jan 08, 2011 at 05:55
'Light travels faster than sound. This is why some people appear bright.... until they say something.'
Those of you who are looking for someone to manage just a few 100dollars.... subscribe to 'Elite Trading Team'..... the guy sounds desperate to acquire managed accounts by any means.... even methods such as what is seen above that would be considered crude & unethical by any profession/industry.
Wonder why he went quiet after betting a pip against me. Probably a mini pip at that. He can keep the pip he bet... I'll gladly throw in a few more his way to keep him from going hungry. 😁
Some people..... 🙄
To the rest of the myfxbook community here > I wish you all a successful 2011.
Those of you who are looking for someone to manage just a few 100dollars.... subscribe to 'Elite Trading Team'..... the guy sounds desperate to acquire managed accounts by any means.... even methods such as what is seen above that would be considered crude & unethical by any profession/industry.
Wonder why he went quiet after betting a pip against me. Probably a mini pip at that. He can keep the pip he bet... I'll gladly throw in a few more his way to keep him from going hungry. 😁
Some people..... 🙄
To the rest of the myfxbook community here > I wish you all a successful 2011.
Member Since Jan 06, 2011
245 posts
Jan 09, 2011 at 13:32
notzero posted:
i understand somebody hiding their open trades and i understand hiding their history/.
but, what is a va;lid reason that somebody wou;ld want to hide their ba;lance and profit?
thank u,
zero/.
hehhehehe, some traders here can sometime be funny of hidin everything, then what is the reason for uploading?
Knowledge Is Power
Member Since Feb 16, 2010
1332 posts
Jan 09, 2011 at 14:44
(edited Jan 09, 2011 at 14:46)
Tradingcompany posted:
hehhehehe, some traders here can sometime be funny of hidin everything, then what is the reason for uploading?
I can't understand what's your problem. Do you think that as investor you should know everything? What the balance and profit are, or the name of the account manager... or the broker. You think you have the rigth to see his open trades and history??? Come oooon, you'll say that a commercial money manager should update his account more frequently or he should change his ~'hold and hope' strategy with something safer. Well, you're wrong, you have to trust blindly everybody who pops up here and let him manage your money. This guy is cool, he can lose all profits in few days because of his perfect ~12:1 RR, he's so much better than many others here.😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jan 06, 2011
245 posts
Jan 09, 2011 at 15:20
forexma posted:
Tradingcompany posted:
hehhehehe, some traders here can sometime be funny of hidin everything, then what is the reason for uploading?
I can't understand what's your problem. Do you think that as investor you should know everything? What the balance and profit are, or the name of the account manager... or the broker. You think you have the rigth to see his open trades and history??? Come oooon, you'll say that a commercial money manager should update his account more frequently or he should change his ~'hold and hope' strategy with something safer. Well, you're wrong, you have to trust blindly everybody who pops up here and let him manage your money. This guy is cool, he can lose all profits in few days because of his perfect ~12:1 RR, he's so much better than many others here.😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁😁
😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀
Knowledge Is Power
