Who can earn 100% return a month with a DD below 50% and on a regular basis?
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 07:49
FxMasterGuru posted:
@hermonysystem
Again, the 'problem' is that all the profits are exactly 5.0 pips and the losses are exactly -15.0 pips on all 800+ trades.
There is NO WAY, that at least some trades of the 800+ would not get even a +/- 0.1 pip slippage, in other words some trades should be +5.1 pips or +4.9 pips, and some losses would be -15.1 pips or -14.9 pips. At least.
As some slippage DOES happen on demo accounts, too.
In summary: the pip results are just 'too nicely rounded' and therefore irrealistic, i.e. they carry the hallmark of carefully HANDCRAFTED results. Got it...?
Not necessarily true. Simply claiming that a person has scammed because his tp and sl is always a round number, doesn't mean that he done something shady. I for one use an ea to take profit and sl, and what ever you set your tp or sl to, then that is where the order will close at. Simply using the 'slippage' factor doesn't mean that he has doctored the stats, as the only way to do that is for him to create a 'white label' account, and how could he even create a white label account if he is only trading in demo? Once again, we should be focusing on our own trading, and stop trying to expose people!
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 07:53
wernerdj7 posted:
is this real?
His results are in a demo account, and someone here believes that he has doctored his trades to make it appear as if his system on demo actually got those returns. The reality is that demo accounts should be ignored 100%
Member Since May 04, 2012
1608 posts
Dec 21, 2015 at 07:57
IXBONE posted:
nice dicussion can start after >6 month live track record! all other statements are hypothetical (useless)
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Member Since May 04, 2012
1608 posts
Dec 21, 2015 at 07:57
HolyGrailPTY posted:wernerdj7 posted:
is this real?
His results are in a demo account, and someone here believes that he has doctored his trades to make it appear as if his system on demo actually got those returns. The reality is that demo accounts should be ignored 100%
Well said.
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Member Since Jan 14, 2014
386 posts
Dec 21, 2015 at 08:33
HolyGrailPTY posted:
The reality is that demo accounts should be ignored 100%
In some case, demo and real is not much difference.
Member Since Dec 10, 2015
169 posts
Dec 21, 2015 at 09:19
u guys are so funny ok than open a demo account and give the id pass to me than chk it urself.Dont tell me opening a icm demo account hurt u lolz.Actually I love the way losers think about the forex.have fun...
Member Since Dec 10, 2015
169 posts
Dec 21, 2015 at 09:21
wortrader posted:
why you not running live with this results.....
Actually I am already running a live account but if I publish it here lots of loser who seems to be jealous gonna cry load here.Will claim its handcrafted,white-labeled,fake icm,hack myfxbook.Cause those loser never earn 10% regularly per month.So it should be waste of time for me to share anything for those looser gonna lock my account.
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 09:25
The following video best describes the transition from demo to live..... What you are about to see is what happens to your system, when you begin trading it with a real account..
https://www.facebook.com/bukakeoficial/videos/1500853206905287/
https://www.facebook.com/bukakeoficial/videos/1500853206905287/
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 09:25
ProTradersGroup posted:HolyGrailPTY posted:
The reality is that demo accounts should be ignored 100%
In some case, demo and real is not much difference.
In all cases, demo and real aren't the same. Take any account which you see huge returns, and once they start in live, the account almost never ends up more then 1 week in green.
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 09:26
hermonysystem posted:
u guys are so funny ok than open a demo account and give the id pass to me than chk it urself.Dont tell me opening a icm demo account hurt u lolz.Actually I love the way losers think about the forex.have fun...
Just run it on a live account and show everyone what you are made of!
Member Since May 04, 2012
1608 posts
Dec 21, 2015 at 10:04
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Member Since Dec 17, 2015
10 posts
Dec 21, 2015 at 11:00
Hello!
Is it me you're looking for?
<a href='https://www.myfxbook.com/members/Diamond_Trader/platinum/1454491'><img border='0' src='https://widgets.myfxbook.com/widgets/1454491/large.jpg'/></a>
Is it me you're looking for?
<a href='https://www.myfxbook.com/members/Diamond_Trader/platinum/1454491'><img border='0' src='https://widgets.myfxbook.com/widgets/1454491/large.jpg'/></a>
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 11:24
Diamond_Trader posted:
Hello!
Is it me you're looking for?
<a href='https://www.myfxbook.com/members/Diamond_Trader/platinum/1454491'><img border='0' src='https://widgets.myfxbook.com/widgets/1454491/large.jpg'/></a>
Verify trading privileges and you should get a lot of people looking for you to trade their accounts.
Member Since Nov 01, 2015
120 posts
Dec 21, 2015 at 11:25
FxMasterGuru posted:My name is HaBibib NOT Alexis.
@HolyGrailPTY
Is it you, Alexis?
Member Since May 04, 2012
1608 posts
Dec 21, 2015 at 11:44
Diamond_Trader posted:
Hello!
Is it me you're looking for?
PLEASE READ TITLE: 100% return a MONTH with a DD below 50%.
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Dec 21, 2015 at 12:07
and this one?
https://www.myfxbook.com/members/scalptraderpro/scalp-trader-pro/1428978
i think its a really good one!:D
https://www.myfxbook.com/members/scalptraderpro/scalp-trader-pro/1428978
i think its a really good one!:D
Member Since May 04, 2012
1608 posts
Dec 21, 2015 at 12:21
(edited Dec 21, 2015 at 12:44)
wernerdj7 posted:
and this one?
https://www.myfxbook.com/members/scalptraderpro/scalp-trader-pro/1428978
i think its a really good one!:D
Due to the low number of trades - only 107 - the statistical 'p value' of the results is not that good. In other words: there is still a good chance of 'random success' (at least statistically).
Also, from the pip-by-pip trade analyses of the recent trades it can be seen that a 'Hope & Pray' element is involved. The trader enters with large lot sizes and allows significant intra-trade DD, then exits at 'breakeven' with a sigh of releif. I am alawys worried when I don't see losses, as I don't know the 'downside' of the strategy. It could be easily a 'Win or Die' concept, SO FAR successful.
For these two reasons - in spite of the nice performance date - I consider it dangerous and I would not trade it with large funds.
In addition, it can be seen that the trader himself has also this fear of 'wipe out', as just recently he withdrew most of his profits. If he really believed in his strategy he would have left the profits there or even added more. But again, this could be just speculation from my part as he might needed the profits for Christmas gifts.
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