Automated systems with 95% profitability - can this be true ?

MyFxTrader posted:

CrazyTrader posted:
Yes... so the conclusion you have made is there is no difference between demo vs Live while TP & SL are above 10 pips and accounts run by EA.

Yes, also according to you there is a difference if it's under 10 pips and I concur with you too. So the conclusion is there is a difference after all.

Yes right. So the final conclusion is:
There is no difference between Demo vs Live performance run by EA unless TP & SL is below 10 pips.

CrazyTrader posted:

MyFxTrader posted:

CrazyTrader posted:
Yes... so the conclusion you have made is there is no difference between demo vs Live while TP & SL are above 10 pips and accounts run by EA.

Yes, also according to you there is a difference if it's under 10 pips and I concur with you too. So the conclusion is there is a difference after all.

Yes right. So the final conclusion is:
There is no difference between Demo vs Live performance run by EA unless TP & SL is below 10 pips.

Yes, thanks for your contribution. Now others will be aware of the difference between demo and real accounts.

'Yes right. So the final conclusion is:
There is no difference between Demo vs Live performance run by EA unless TP & SL is below 10 pips.'

Both of my EAs are fully automated and SL/TP are well above 10 pips. Since you also agree that there is no difference between a demo and a live account above 10 pips, and I posted the live account with the prediction that you would never be satisfied, and here you are. Oh something has come along that you can't claim so lets tear it down. You were so predictable.

But like I said, I don't want your business, really. Take whatever you think you know and have a good life.
For everyone else, this need to try to tear down something that proves you wrong is simply emotionalism, not logic or reason.. Emotions will screw up your trading, your marriage and just about everything else, more than anything else in the universe.

Anyway,emotional detractors aside, you have seen further proof that very viable systems do exist that has a 95% win loss ration and even higher. You just can't get that by chasing the price, you have to think outside of the box. Let me change that and say that I have never been able to get that high of a ratio chasing the price but I don't know what others can do, I don't know everything.

Bob

My dispute was regarding the difference between a demo and a real account. In view that you've come to recognise the difference after being enlightened by CT's post, I consider this issue resolved. Those other stuff you've written is superfluous and doesn't concern me.

No two snowflakes are identical but they are all the same, frozen drops of water. The subject was a 95% win ratio and I showed it was possible. Then my information was unacceptable because it was presented on a demo account. Everyone agreed that there was no difference between a demo and a live account when the trade range was significantly large. I did not agree that it was different when below 10 pips which was arbitrarily chosen anyway.

The question is the time it takes for the trade to go from your brokers computer to the Banks computer. In cases where the price is moving rapidly the price could change in the milliseconds since the brokers computer sent it. This gets a re-quote. Demos never get re-quotes but now some brokers are also offering no re-quote trading. That means the broker eats any difference from the price they accept and the one the Liquidity Provider accepts. This is why many brokers will not allow scalping because they are in essence subsidizing your profits.

The difference is in milliseconds, a much more likely cause for differences is in the start timing of the EA. I started a demo and a live account at the same time, but it wasn't exactly at the same time. Over time the profits and draw-downs changed but the same kind of change also occurred between two live accounts which I had also started trading pretty close to each other. Time is the cause in both discrepancies but you are jumping to a conclusion that the time cause of any change is in the extremely short duration of the electronic transfer.. I can't believe that one. And every broker that I have talked with says the same thing, no significant difference.

So the debate goes on. But, I'll debate it with CrazyTrader. He explains his position better so I can respond to his suggestions. Is it a matter like the snowflake where one persons says no two flakes are the same and another says that they are all just the same? A matter of perception?
Bob

ForexAssistant posted:
'You can't take a guy ',

Why should anyone take me anyway at all? Do you think I am going to be trading for you? I can post a live account, and have but I have learned in the past that you really don't care about what is, and all the work that I would do for you would just be in vain. I have seen the naysayers come and go on this forum. Check my membership date. I've got you guys down to a T.

Seriously Kid, don't take me serious, I don't want your business. It is true that I, well not me personally, will release 5,000 copies but I really don't care who gets them. I would prefer it be someone who's ego doesn't get in the way of their learning.

However, for those reasoning readers, let me pose this, every webpage that deals with investments, every brokerage firm and every robot has a warning page mandated by the governments of the world. If you scroll down to the bottom of this page, you will see just such a warning even on this page. Now if brokers demo trades were somehow different than live trade feeds don't you think that little inconsistency would have made it to the warnings page?

My friends on the forum that live trade say that the difference isn't in the feed but in the fact that when you are trading with real money the pressure is on and it effects you emotionally. Probably so, but robots don't have emotions. Well, not yet at any rate.

Use your logic and reasoning skills and you won't get waylaid by the silliness that sometimes goes around these places.

Tell you what, I will post that live account just so everyone can see how it never matters. They will say it was photoshopped, which is a graphics program of some type. However, since the subject of this thread is 'can a computer program be that accurate?', I will make it available
This was from my first account in 2008-2009 that used the GoldenGrid system. It is 15 monthly reports from my broker at that time which was IBFX. These monthly reports are zipped for downloading. There was one loss for 8 cents on Feb 12, 2009 trade #34179349 when a power outage kept the program from adjusting the take profit. That was before VPS providers and before myfxbook so there is no fancy analyses available for it. But using this you will be able to see how it is possible for robots to do what humans can't.

https://www.forex-assistant.com/2008-2009.zip

Bob

           It is always the same response with you. Their is always an excuse, and you only seem to provide the same zip file. Nothing current. Only a demo account as always, and from your profile you are already in red in a demo with an even bigger drawdown. Which of course means that is someone would of decided to have followed you say 2 months ago, then your robot would have had that trader in a big time red position with an even bigger drawdown. So to sum it up, your robot DOESN'T work, and until you post a live account with your so called 'EA' then you should be ignored. You have not been able to show anything but just words and excuses which makes no different from everyone else in this industry. No one wants your EA, and I am pretty sure no one has even sent you a PM, because 'you have not proven yourself in a real account'.

MyFxTrader posted:
My dispute was regarding the difference between a demo and a real account. In view that you've come to recognise the difference after being enlightened by CT's post, I consider this issue resolved. Those other stuff you've written is superfluous and doesn't concern me.

Yeah that guy tends to talk a ton of blah blah blah, but has yet to prove himself with a live account. Not to mention he says ' I don't want your business' only because I am questioning his ability to perform in a live account. Think about it this way. If I was an investor who cares about money management, but so much so that I would like to know how many pips on avg his trades ends up in red, how would I be able to easily find that information if he only trades in demo? The answer is I would not be able to, because demo accounts can not be verified. In not being verified we don't have the small little chart which tells us things like 'entry accuracy', 'exit accuracy', 'pip-drawdown' etc. So not only is their at least ONE difference between demo and real, but a wise investors would not be able to analysis the system which will be used, since it is a demo account.

These kids run on pure arrogance. Pup starts last month and already he knows more than those of us who have been here for years. But unfortunately it is only ego because the rational thinking is not visible. Attacking someone who has said nothing to harm you or anyone. What kind of up bringing have you not had? I don't blame you, I blame your parents.

Whether one buys a robot or not doesn't matter, or even if one trades or not, doesn't matter. But how one respects himself and present himself to the rest of mankind, does matter. And in that respect, from the point of view called life, you are a failure. You have no idea even why you are on this planet, do you? Poor thing. Please feel free to sit there thinking that you got over on someone, feel good at the kill, tomorrow it will all be gone, your ego will prove insufficient and you will have nothing to hold on to. That's the damnest thing about illusions, they don't last.

But all this you will find out in time. Just like I accurately predicted your response to the proofs that you asked for, I can predict your life to some extent from watching your attitude and lack of reasoning. I am sorry for you kid, but it was your choice as to what type of human that you wanted to become. You're like those Muslims that want to go kill someone, blow something up, hurt someone else in any small mean way because like them, you are hurting and have no future, so you try to attack someone who seems to have more than you. Like it's someone else fault you are such a flop.

It doesn't matter how much money you have in this life, but what you do with everything in this life that makes you the kind of man that you are. I am so blessed, and at the same time feel guilty that I have so much and you have so little. Go back to your ego, poor thing, its all you got..

Bob

growthera posted:
in most cases their average loss is bigger then the average gain. Meaning, when they lose, they lose big. Actually 90% accurate is not so complicated if you have very large SL and small TP. That is why you should never look at only 1 statistic/ratio when looking at a system, but several. Since each number will give you a piece of the puzzle, which is the total system.
I'm sure that as usual, many people will reply and say ''no no I can do it..'

This is right...but 100% can be achieved:
https://www.myfxbook.com/members/RSTrading/my-holy-grail/1097298

ForexAssistant posted:
These kids run on pure arrogance. Pup starts last month and already he knows more than those of us who have been here for years. But unfortunately it is only ego because the rational thinking is not visible. Attacking someone who has said nothing to harm you or anyone. What kind of up bringing have you not had? I don't blame you, I blame your parents.

Whether one buys a robot or not doesn't matter, or even if one trades or not, doesn't matter. But how one respects himself and present himself to the rest of mankind, does matter. And in that respect, from the point of view called life, you are a failure. You have no idea even why you are on this planet, do you? Poor thing. Please feel free to sit there thinking that you got over on someone, feel good at the kill, tomorrow it will all be gone, your ego will prove insufficient and you will have nothing to hold on to. That's the damnest thing about illusions, they don't last.

But all this you will find out in time. Just like I accurately predicted your response to the proofs that you asked for, I can predict your life to some extent from watching your attitude and lack of reasoning. I am sorry for you kid, but it was your choice as to what type of human that you wanted to become. You're like those Muslims that want to go kill someone, blow something up, hurt someone else in any small mean way because like them, you are hurting and have no future, so you try to attack someone who seems to have more than you. Like it's someone else fault you are such a flop.

It doesn't matter how much money you have in this life, but what you do with everything in this life that makes you the kind of man that you are. I am so blessed, and at the same time feel guilty that I have so much and you have so little. Go back to your ego, poor thing, its all you got..

Bob

  Not one thing their is related to forex. Yes you could of been here at myfxbook for years, but what does that have to do with your ability, or lack their of, of trading in a live account to reveal that your 'EA' can actually work. Well not only do you trade on DEMO, but you also delete them when they burst.... Have a look at your equity curve in a DEMO, and since you contend that it is indeed the same (demo vs live) it appears your EA is just as good NOTHING.



  Why does he have such slow increases, but sharp decreases? Well because he isn't using an EA. He is a bias American looking to get clients so he can avoid bankruptcy on his trail home. Yet, good look trying to find a client, and even better luck finding a client who believes that demo and real are the same. lol

Not to mention this account of yours https://www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841

 Your float loss is way more then your profit in pips, and you are holding losses of over 1000 pips. 😂😂😂😂😂😂😂🙄😕

 It would appear that you should 'type' less on these forums and get back to trading, because in a live account you would 1000% certain end up in red within the first week, only to never get out of that hole.

CrazyTrader posted:

growthera posted:
in most cases their average loss is bigger then the average gain. Meaning, when they lose, they lose big. Actually 90% accurate is not so complicated if you have very large SL and small TP. That is why you should never look at only 1 statistic/ratio when looking at a system, but several. Since each number will give you a piece of the puzzle, which is the total system.
I'm sure that as usual, many people will reply and say ''no no I can do it..'

This is right...but 100% can be achieved:
https://www.myfxbook.com/members/RSTrading/my-holy-grail/1097298

 Yup 100% win rate, but when you look at his stats he gained 2 pips only to have been down 20. :( Horrible R:R

Well, thats sad, but at least I can see that the lots are really small, but what matters the most is accuracy.

alexforex007 posted:
Well, thats sad, but at least I can see that the lots are really small, but what matters the most is accuracy.

 People sacrifice accuracy for small lot sizes. Which of course means they are more likely to hold on to those trades much longer because the market 'has to come back to them'. That thinking for small accounts may not get your margin called, but it will have you giving up thousands of pips on in, which of course locks up your account from placing news trades.

People, look how long he has been a member here and give him the credit he deserves. Remember the empty vessel makes the most noise in a blowing wind.

ForexAssistant posted:
People, look how long he has been a member here and give him the credit he deserves. Remember the empty vessel makes the most noise in a blowing wind.

 Once again you are deflecting from the last post. I took a snapshot of your demo accounts, and look at the beautiful trades which you have open. Who in their right mind, would want to be down 1000+pips? What type of "trade managemet" is that? Not to mention, you are simply here looking to sell your silly little "EA" which of course no one is going to buy, because it has not been tested on a LIVE ACCOUNT. You can do all the "backtest"," forward test", "side way test" but it doesn't change the fact that it isn't REAL. Simply think about it guys... If you have a system which actually work.... Why on Gods green earth would you sell it? The answer is simple, because scammers are always trying to make a quick buck any way possible. Simply look at ForexAssistant's trades, and ask your self if you would be ok with those results.
  As for the amount of time I have been here compared to you, that in no way shape or form reveals how much a person knows about forex. Simply click my username and look at my results.

OK, last attempt.
In the Pacific islands there was a tribe that measured status by how much they could steal. The ones that stole the most had followers and they grew in power. They did not understand those immoral missionaries that taught stealing was wrong. They fought the missionaries but eventually those who had the least saw the wisdom of the missionaries and converted.

I don't want you or anyone here to bother with my programs they are not for you. I made them for the working class hero. The guy like me and my family who have busted their asses in mills and factories with little to show for it and little chance to ever be able to retire from it.

The Fores-Assistant has always been a research company. I have found a lot of useful things from joining in conversations on the board here. I find how people are programed into one way of thinking and can't see any other side. That helps me to understand how to be effective. I have picked up some new strategies that helped me to create a completely automated program that is designed to not lose. It is designed to accept draw-down because we realized that draw-down was not a loss. It is a gage if you like but there is no loss or gain until the trade is closed.

From this new perception we created a way for the working man to buy a program that produces year after year against the wishes and arguments of the hotshot traders who's systems have an 80% loss rate.

Now don't get me wrong, I have made some good friends on the forum here over the years, and miss some of those people that had such remarkable insight. But they really had no reason to constantly put up with the same limited perspective that I have had to deal with to do my research.
Do you really think you're the first to show up with that wonderful insight of yours?

For all I know, you may be right in a traders world, I don't know, I'm not a trader. I am a mathematician and problem solver. You are not the problem that I am trying to solve. I was hoping to find out why there was skepticism about the ability to achieve a 95% accuracy when there are some that do even better, but you have screwed that up for me by waylaying the premiss.

Well, that's alright. I really think that we have accomplished our mission using the forex market, and in reality, my interest have shifted. We are now investigating ways to make a floating city made from cement. Yes, it really works. But who would have thought that you could design a program to handle large draw-down and still come out with no losses? What can I say, I just love doing impossible things.

Bob

ForexAssistant posted:
OK, last attempt.
In the Pacific islands there was a tribe that measured status by how much they could steal. The ones that stole the most had followers and they grew in power. They did not understand those immoral missionaries that taught stealing was wrong. They fought the missionaries but eventually those who had the least saw the wisdom of the missionaries and converted.

I don't want you or anyone here to bother with my programs they are not for you. I made them for the working class hero. The guy like me and my family who have busted their asses in mills and factories with little to show for it and little chance to ever be able to retire from it.

The Fores-Assistant has always been a research company. I have found a lot of useful things from joining in conversations on the board here. I find how people are programed into one way of thinking and can't see any other side. That helps me to understand how to be effective. I have picked up some new strategies that helped me to create a completely automated program that is designed to not lose. It is designed to accept draw-down because we realized that draw-down was not a loss. It is a gage if you like but there is no loss or gain until the trade is closed.

From this new perception we created a way for the working man to buy a program that produces year after year against the wishes and arguments of the hotshot traders who's systems have an 80% loss rate.

Now don't get me wrong, I have made some good friends on the forum here over the years, and miss some of those people that had such remarkable insight. But they really had no reason to constantly put up with the same limited perspective that I have had to deal with to do my research.
Do you really think you're the first to show up with that wonderful insight of yours?

For all I know, you may be right in a traders world, I don't know, I'm not a trader. I am a mathematician and problem solver. You are not the problem that I am trying to solve. I was hoping to find out why there was skepticism about the ability to achieve a 95% accuracy when there are some that do even better, but you have screwed that up for me by waylaying the premiss.

Well, that's alright. I really think that we have accomplished our mission using the forex market, and in reality, my interest have shifted. We are now investigating ways to make a floating city made from cement. Yes, it really works. But who would have thought that you could design a program to handle large draw-down and still come out with no losses? What can I say, I just love doing impossible things.

Bob

 I don't understand why you bother to post, if it isn't of something which proves that you are earning money in forex. So many stories, and claims with sadly nothing to support it. #YourAbore.

'I don't understand why you bother to post, if it isn't of something which proves that you are earning money in forex.'

That's because you think if its true for you it must be true for everybody. Your premiss is all wrong but you don't know any other way to be. You're like a wounded animal not understanding the intentions of the Vet. The animal's instinct is to lash out at anything it doesn't understand. Even when I tell you my motivation you would rather call me a liar than to accept what is real because anything new or that you don't understand may be a threat to you.

There is no threat, let me repeat my reasoning for you. I said, 'The Fores-Assistant has always been a research company. I have found a lot of useful things from joining in conversations on the board here.' So what is my motivation for keeping up a conversation with you when you are obviously not my market? Here's a better question for you to answer for yourself, not for me, What is your motivation for keeping up a conversation with me when it is obvious I am not your market? You want to be a better trader? Answer that question, and keep asking. Find out what makes you tic and you can master anything.

It will help you to learn your personality type, there are 16 of them. My type is INTJ. If you want to know about me and what my motivations are, read my personality type. Learn yours and always choose a path that plays to your strengths and and be true to your vision of who and what you are and in the end, you will have mastered life instead of life just happening to you.

Good bye young human, and good luck.

Bob