The best system in the world.
Member Since Dec 22, 2015
276 posts
Feb 22, 2016 at 14:46
(edited Feb 22, 2016 at 14:59)
Good..You are here so my topic interested you.
I just want to put it out there again, maybe educate some in the process. The world is filled with non-sense systems offering unbelievable returns. Look at the Autotrade systems offered, some can offer up to 20% ROI per month.
These systems are adhering to strict rules, rules all serious investors will look at. These EA's and systems that we see regularly offering hundreds or thousands of percentages per month are absolute tripe (bs). Some might offer more, but at a price. The higher the income, the higher the risk.
I know there will be many who will not be happy with this post, especially those trying to flog their tripe to newcomers.
If you are of the many who will try to defend your tripe, why are you not listed as a signal provider then with many followers?
Don't be blinded by the overall gain..Always look at the monthly gain..
I just want to put it out there again, maybe educate some in the process. The world is filled with non-sense systems offering unbelievable returns. Look at the Autotrade systems offered, some can offer up to 20% ROI per month.
These systems are adhering to strict rules, rules all serious investors will look at. These EA's and systems that we see regularly offering hundreds or thousands of percentages per month are absolute tripe (bs). Some might offer more, but at a price. The higher the income, the higher the risk.
I know there will be many who will not be happy with this post, especially those trying to flog their tripe to newcomers.
If you are of the many who will try to defend your tripe, why are you not listed as a signal provider then with many followers?
Don't be blinded by the overall gain..Always look at the monthly gain..
If you want to go fast, go alone. If you want to go far..Go together..
Member Since Dec 22, 2015
276 posts
Feb 25, 2016 at 10:51
☺
If you want to go fast, go alone. If you want to go far..Go together..
Member Since Feb 22, 2011
4862 posts
Feb 26, 2016 at 12:02
I dont think there is any best system in the world.
Why?
As everyone is looking for something else.
Big investors usually prefer long term system with decent monthly profit like 3% and low DD below 15%.
While small investors are usually trying to ride the system that is earning 20+ percent a month.
Usually it works only for a while and than they got burned
Why?
As everyone is looking for something else.
Big investors usually prefer long term system with decent monthly profit like 3% and low DD below 15%.
While small investors are usually trying to ride the system that is earning 20+ percent a month.
Usually it works only for a while and than they got burned
Member Since Jan 05, 2016
1189 posts
Feb 28, 2016 at 10:30
(edited Feb 28, 2016 at 10:30)
The 'Best' system in the world is discipline, proper money management, and a solid understanding of how the markets work.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Dec 22, 2015
276 posts
Feb 28, 2016 at 17:34
I just want to put it out there that this topic was purely to attract people to this thread.. It might as well have read..'Let me show you how to make a million' or 'free indicator that doesn't repaint'
It is possible we can label something as the best system. If we have all the profitable systems in the world and compare them, but there is a better chance of living this day over than that.
It is possible we can label something as the best system. If we have all the profitable systems in the world and compare them, but there is a better chance of living this day over than that.
If you want to go fast, go alone. If you want to go far..Go together..
Member Since Dec 22, 2015
276 posts
Mar 02, 2016 at 08:08
leroyrodr posted:
i'm new trader. i looked all over this site and found trader name birinus. he trades 100%. i watch and let you all know how it goes.
I have seen many 100%'s.. They trade without stops. Traders then cling on to that 100% winning rate, not wanting to admit defeat when it takes a wrong trade. This trade can happen in a few days to a few months, but at some time it will happen and kaboom.
I also have a few such 'straight line EA's'. If you want to go this route.. I suggest frequent withdrawals..
https://www.myfxbook.com/community/general/my-dilemma/857694,1
If you want to go fast, go alone. If you want to go far..Go together..
Member Since Dec 22, 2015
276 posts
Mar 02, 2016 at 10:49
Oh.. I am rstrading. The op of that thread..
Attachments:
If you want to go fast, go alone. If you want to go far..Go together..
forex_trader_25447
Member Since Dec 21, 2010
131 posts
Mar 02, 2016 at 10:50
I like to trade without STOPs, it is NOT needed at low exposition (leverage).
But I also accept losses, EA did this 'planned',
... I can do this manual, if needed, and 'load' EA with future recovery of that loss.
The result is close to 100% WINNERS (actually 90-95),
and system have Positive Mathematical Expectation, which is not bad.
And Yes , I have HIGH DD, but it is function of LOW deposit,
(the second is HIGH Floating, but I use it)
But I also accept losses, EA did this 'planned',
... I can do this manual, if needed, and 'load' EA with future recovery of that loss.
The result is close to 100% WINNERS (actually 90-95),
and system have Positive Mathematical Expectation, which is not bad.
And Yes , I have HIGH DD, but it is function of LOW deposit,
(the second is HIGH Floating, but I use it)
Member Since Jan 05, 2016
1189 posts
Mar 02, 2016 at 20:01
@StoneHeart
WTF? Your DD is absurd on your accounts.
WTF? Your DD is absurd on your accounts.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Mar 02, 2016 at 20:03
I don't understand how this could be a valid strategy for a profitable account. Please clarify.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
forex_trader_25447
Member Since Dec 21, 2010
131 posts
Mar 02, 2016 at 20:28
(edited Mar 02, 2016 at 20:29)
Professional4X posted:Any DD at which I have enough free margin is acceptable. I don't care you like it or not.
I don't understand how this could be a valid strategy for a profitable account. Please clarify.
The DD is only mathematical result of Floating to Equity.
My Floating is relatively stable , and Equity is expected to grow,
so ... calculated value of DD at LOW EQUITY is NON SENSE.
Member Since Jan 05, 2016
1189 posts
Mar 02, 2016 at 20:54
(edited Mar 02, 2016 at 20:55)
StoneHeart posted:
Any DD at which I have enough free margin is acceptable. I don't care you like it or not. The DD is only mathematical result of Floating to Equity. My Floating is relatively stable , and Equity is expected to grow, so ... calculated value of DD at LOW EQUITY is NON SENSE.
So for you, a 98% DD against an account is a valid strategy? pfft that's absurdity.
Have fun with your blown out accounts.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Mar 01, 2016
23 posts
Mar 03, 2016 at 11:41
Sure. My system is the best in the world.
Member Since Dec 22, 2015
276 posts
Mar 03, 2016 at 12:03
(edited Mar 03, 2016 at 12:03)
Anonymous_TD posted:
Sure. My system is the best in the world.
Absolutely!......One and a half month demo with ..............7 trades......Oh yes!.....I can already imagine all the investors queuing up for this one..
If you want to go fast, go alone. If you want to go far..Go together..
Member Since Feb 22, 2011
4862 posts
Mar 03, 2016 at 12:24
trendfollowers posted:Anonymous_TD posted:
Sure. My system is the best in the world.
Absolutely!......One and a half month demo with ..............7 trades......Oh yes!.....I can already imagine all the investors queuing up for this one..
Let mi in with my $50k :)
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Mar 04, 2016 at 11:38
(edited Mar 04, 2016 at 11:44)
Best system in the world is to work for the ECB and anticipate to news, Stop discussing, :)
There has been a case here of the ex IMF chief Rodrigo Rato who got a few tips from his friends and earned up to 5 million on trades of Forex. It is not that bad to know what the Fed or the ECB are going to say before they say it. In some extent Forex is a fraud some very intelligent people can benefit from. Not me yet!
Then you have The Mafia case in which international Banks agree on what interest rates to set or what data to expose so that Traders from big firms can benefit. There is a corruption case which suddenly disappeared from the Spotlight in which National Bank Chiefs tipped big traders from firms on what to do, Lowering liquidity at certain moments to benefit their friends. They called themselves the Mafia. Look in the news. All the rest of us are king of Divinators that have to guess where the price is going to go when there are others who decide where the price will go.
There has been a case here of the ex IMF chief Rodrigo Rato who got a few tips from his friends and earned up to 5 million on trades of Forex. It is not that bad to know what the Fed or the ECB are going to say before they say it. In some extent Forex is a fraud some very intelligent people can benefit from. Not me yet!
Then you have The Mafia case in which international Banks agree on what interest rates to set or what data to expose so that Traders from big firms can benefit. There is a corruption case which suddenly disappeared from the Spotlight in which National Bank Chiefs tipped big traders from firms on what to do, Lowering liquidity at certain moments to benefit their friends. They called themselves the Mafia. Look in the news. All the rest of us are king of Divinators that have to guess where the price is going to go when there are others who decide where the price will go.
