Scalp Trader PRO (de scalptraderpro)
| Ganancia : | +858.31% |
| Disminución | 17.73% |
| Pips: | 896.4 |
| Transacciones | 144 |
| Ganado: |
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| Perdido: |
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| Tipo: | Real |
| Apalancamiento: | 1:100 |
| Trading: | Automatizado |
Discusión Scalp Trader PRO
Nov 20, 2015 at 20:25
(editado Nov 20, 2015 at 20:30)
Another system by Doug price,as usual,near one year history and high wining rate.Hard to believe 100% wining.
can you tell me do you set sl?
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Now i find it,120 sl,and Tracking stop-loss,similar like vtp
can you tell me do you set sl?
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Now i find it,120 sl,and Tracking stop-loss,similar like vtp
Miembro desde Apr 19, 2015
posts 21
Nov 20, 2015 at 22:15
Hi Goode.
He never talks about Stop-Losses and DD. But his EA will talk in a few days. Just like his other EA did.
He never talks about Stop-Losses and DD. But his EA will talk in a few days. Just like his other EA did.
Nov 21, 2015 at 11:00
mohideen171 posted:
Hi Goode.
He never talks about Stop-Losses and DD. But his EA will talk in a few days. Just like his other EA did.
this ea can check histroy sl and tp at link https://www.myfxbook.com/statements/1428978/statement.html
that's 120 sl,but sure it will be not as good as we think after it be in public link his other EAs.😇
Archivos adjuntos:
Miembro desde May 20, 2011
posts 724
Nov 22, 2015 at 02:57
I am now convinced this guy only out to make money selling systems.
Nov 24, 2015 at 13:25
SL seems to vary a bit but around 120 pips. Risk per trade started out at around 43% and progressively dropped to around 27%.
Seems to have worked for the shown account. But could have many accounts and this is the best that has not had a loss that would show the very high risk per trade.
Would appear that once the trade hits some profit level, the SL is adjusted to 8 pips above breakeven to limit the chance of a 120 pip loss hitting the account.
1st traded. Read up
Last trades.
Seems to have worked for the shown account. But could have many accounts and this is the best that has not had a loss that would show the very high risk per trade.
Would appear that once the trade hits some profit level, the SL is adjusted to 8 pips above breakeven to limit the chance of a 120 pip loss hitting the account.
1st traded. Read up
Last trades.
Archivos adjuntos:
Nov 24, 2015 at 13:28
all systems from doug price, they seems to work on his myfxaccounts and when he make it public to sell the systems then they loose? this happens with all his systems!!!!
when i look his lotsize and deposit means with 1 loss from 120 pips you loose nearly 30% from your account. and for shure this day will come and not only 1 time..... normal tradingsystem without grid or martingale logic shoud be the sl never bigger then the tp.
when this systems make 100 % winners and never loose, i never sell this ea, because then i make enough money for my live... so big question now is why he sell all his systems and after public sell his systems they loose like vortex, Rev Trader and and and...
when i look his lotsize and deposit means with 1 loss from 120 pips you loose nearly 30% from your account. and for shure this day will come and not only 1 time..... normal tradingsystem without grid or martingale logic shoud be the sl never bigger then the tp.
when this systems make 100 % winners and never loose, i never sell this ea, because then i make enough money for my live... so big question now is why he sell all his systems and after public sell his systems they loose like vortex, Rev Trader and and and...
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1916
Nov 24, 2015 at 14:15
(editado Nov 24, 2015 at 14:18)
FXtrader2010 posted:
I am now convinced this guy only out to make money selling systems.
i'v been convinced since day 1,did you notice that we'v never heard from jim morisson since the new fictitious character dog price poped up ?they are the same, milliondollar pips forexgrothbot .....etc
btw for those who did not know who jim morisson is ,just do a google serach,he thinks that all people on forex forum are stupid and he is right sometime
they share profit with synegex scam broker, easy to get the big picture ain't it
don't buy those products
Nov 25, 2015 at 07:24
Would appear the picture of 'Doug Price' on the web site is one bought off the net. https://pixhder.com/professional+headshot+white+background
Also look at the massive DDs in the 2 back tests to see the effects of what happens when close together 120 pip losers hit. As the average winner is around 8 pips, takes around 15 winning trades to make up each 120 pip losing trade, assuming these is not another loser before the 15 winners in a row sequence completes.
Looking at the 5 year approx $250k result and the 10 year $approx $500k says the EA makes approx 20% per year or say 1.67% per month. Could then take a LONG time to make up a 30% loss from ONE bad trade.
The published stats do show the EA can make money. Using the above backtest example that is 1.67% per month and not the shown short term lossless 39%.
Also note there is no commission. Using a commission broker could wipe out the 1.67% gain per month.
So yes it does appear to offer a very marginal return.
Also look at the massive DDs in the 2 back tests to see the effects of what happens when close together 120 pip losers hit. As the average winner is around 8 pips, takes around 15 winning trades to make up each 120 pip losing trade, assuming these is not another loser before the 15 winners in a row sequence completes.
Looking at the 5 year approx $250k result and the 10 year $approx $500k says the EA makes approx 20% per year or say 1.67% per month. Could then take a LONG time to make up a 30% loss from ONE bad trade.
The published stats do show the EA can make money. Using the above backtest example that is 1.67% per month and not the shown short term lossless 39%.
Also note there is no commission. Using a commission broker could wipe out the 1.67% gain per month.
So yes it does appear to offer a very marginal return.
forex_trader_149646
Miembro desde Sep 09, 2013
posts 471
Nov 26, 2015 at 06:39
rob559 posted:@rob559 it should be William Morrison ,not Jim and yes from USA.FXtrader2010 posted:
I am now convinced this guy only out to make money selling systems.
i'v been convinced since day 1,did you notice that we'v never heard from jim morisson since the new fictitious character dog price poped up ?they are the same, milliondollar pips forexgrothbot .....etc
btw for those who did not know who jim morisson is ,just do a google serach,he thinks that all people on forex forum are stupid and he is right sometime
they share profit with synegex scam broker, easy to get the big picture ain't it
don't buy those products
'FX Phantom Forex Signals By William Morrison'
'Forex Replicator - William Morrison Review'
https://redrhinofx.com/tag/william-morrison/
Nov 26, 2015 at 12:55
Doing the maths, the 10 year back test ran at 12% risk per trade, had a 46.65% relative DD to the then balance high water mark and made a averaged compounded 4.9% return / grown per month over the 10.75 years.
At the current risk per trade of 27%, the account would probably not survive the 10 year back test as the recorded worst case DD would exceed the balance and it would margin call.
At the current risk per trade of 27%, the account would probably not survive the 10 year back test as the recorded worst case DD would exceed the balance and it would margin call.
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1916
Nov 26, 2015 at 16:17
RedRhino posted:rob559 posted:@rob559 it should be William Morrison ,not Jim and yes from USA.FXtrader2010 posted:
I am now convinced this guy only out to make money selling systems.
i'v been convinced since day 1,did you notice that we'v never heard from jim morisson since the new fictitious character dog price poped up ?they are the same, milliondollar pips forexgrothbot .....etc
btw for those who did not know who jim morisson is ,just do a google serach,he thinks that all people on forex forum are stupid and he is right sometime
they share profit with synegex scam broker, easy to get the big picture ain't it
don't buy those products
'FX Phantom Forex Signals By William Morrison'
'Forex Replicator - William Morrison Review'
https://redrhinofx.com/tag/william-morrison/
oh yesssss
Nov 27, 2015 at 12:27
fx441282 posted:
so this is a scam. im willing to try live with fxpro live acc and link to myfxbook
I never said it was a scam.
Just has not shown, long term, that a proven past DD of around 46.65% versus a long term monthly growth of 4.9%, with a 12% risk per trade is not what I would consider to be good stats.
You do understand it is a Trade Copier, from a master account on another broker with different spreads than your broker, and that your slave account will probably suffer increased slippage (different open and close prices from the master account) because of delays in the trade copier opening and closing trades?
Nov 28, 2015 at 04:00
So Fx Phil, this EA trades via his master account? You say there would be a delay, but trades taken would be instantaneous, or micro seconds, not minutes, and seeing as most trades ( 60%) are from 5 min to about 3.5hrs, that delay would be insignificant? The real my FX book live account still proves it works? Please explain, cheers
