FX Viper Live Master Account (By forex_trader_135331)

The user has deleted this system.

FX Viper Live Master Account Discussion

Jun 20, 2013 at 23:02
21,809 Views
207 Replies
Member Since Jan 05, 2016   1189 posts
Jun 07, 2017 at 17:47
stevehu10 posted:
Professional4X posted:
Can you fully validate your account?


This is a myfxbook an broker issue some brokers don't verify it as often as others it can't really be helped.

That's absolutely false.

The broker has nothing to do with verification because myfxbook.com connects directly to the trade account and validated and verifies it.





If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016   1189 posts
Jun 07, 2017 at 17:49
When the track record is not fully verified it's generally because the user is updating the myfxbook page, but they've used information which is fake.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Feb 14, 2017   24 posts
Jun 08, 2017 at 06:17
Professional4X posted:
When the track record is not fully verified it's generally because the user is updating the myfxbook page, but they've used information which is fake.

The user definitely isn't posting fake results I've followed his trades personally with my own money for a year.
Member Since Feb 14, 2017   24 posts
Jun 08, 2017 at 06:19
So many people coming here to have a go at someone when their in drawdown but not many there when things are going good.

Some people do anything to slate others..

I don't think the strategy is the best and there are better ones I follow but regardless of what we think it's stood the test of time much longer than 80% of traders on here.
Member Since Feb 14, 2017   24 posts
Jun 08, 2017 at 06:20
Gains are small but I would personally rather small gains than 40% one month and my account wiped out the next.
Member Since Feb 22, 2011   4862 posts
Jun 08, 2017 at 06:41
stevehu10 posted:
togr posted:
crashev posted:
A lot of smart asses here :)
You say this and this, and facts are:

- he survived trading like this for 5 years - and during this years there were numerous of high impact events
- he made $129566.14 up to date only on this account
- his drawdown was only 13.81% for this
- he does not use leverage

wake up, this is real trading, but most of you will still be looking for 100% per month super strategy

The real problem is low profit.
I have the account started at the same time as Viper. While he made 100% since inception I made 700%.
https://www.simpletrader.net/signal/1619/Caesar2.html

You didn't really make 700% your absolute gain shows different.

I find most traders add money to cover up drawdown which is why you see discrepancies between the Gain and the Absolute Gain.

At least one thing he has in his favour his gain has remained consistent in line the the realised or Absolute gain.

Well I am not adding any money I just withdraw them :)
Member Since Feb 22, 2011   4862 posts
Jun 08, 2017 at 09:53
stevehu10 posted:
Gains are small but I would personally rather small gains than 40% one month and my account wiped out the next.

That is true but with profit like 1% a month you would need like $400,000 to invest.
And there is still risk of loosing it.
Member Since Feb 14, 2017   24 posts
Jun 08, 2017 at 12:25
togr posted:
stevehu10 posted:
Gains are small but I would personally rather small gains than 40% one month and my account wiped out the next.

That is true but with profit like 1% a month you would need like $400,000 to invest.
And there is still risk of loosing it.

True but I would rather 1-2% a month consistently with less risk than 20% one month and lose it all the next with more risk.

Higher returns mean higher risk and has always been the case.
Member Since Feb 22, 2011   4862 posts
Jun 09, 2017 at 08:34
stevehu10 posted:
togr posted:
stevehu10 posted:
Gains are small but I would personally rather small gains than 40% one month and my account wiped out the next.

That is true but with profit like 1% a month you would need like $400,000 to invest.
And there is still risk of loosing it.

True but I would rather 1-2% a month consistently with less risk than 20% one month and lose it all the next with more risk.

Higher returns mean higher risk and has always been the case.

it is about the ratio.
great system would have ratio of monthly profit and max DD 1:1
this system has like 1:8 which is far from perfect.
In other words it is risking too much for such small profit.
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jun 28, 2017 at 06:08
started seeing some longs.. still adapting to the main trend good trading
xeconds
forex_trader_412389
Member Since Mar 14, 2017   13 posts
Jun 30, 2017 at 11:51
Not bad, he has hedged the upward move.

Those with more than 100-200 pips can consider to break-even trades, as previously he was caught a bit both side red.

Key is 1.16 of EURUSD, that break can send eurusd to test 1.2 inevitably.
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jul 02, 2017 at 06:43
he was caught a bit both side red is kind of a nightmare ...not a good scenario but with experience you can control it better ...pro traders know how to get out of that
Member Since Aug 21, 2010   171 posts
Jul 06, 2017 at 05:52
stats are good. but the system doesnt close losing trades.
Plan your trades and trade your plans.
Member Since Feb 22, 2011   4862 posts
Jul 09, 2017 at 07:17
tankbeta posted:
stats are good. but the system doesnt close losing trades.
Stats are actually not good.
The profit is too small for risky ForexFactory market. You can get such small profit with safer investment outside forex
Member Since Feb 22, 2011   4862 posts
Jul 11, 2017 at 13:49
System is 24000 in minus
So it did not make any profit for more than half year
Member Since Oct 09, 2012   3 posts
Jul 21, 2017 at 12:46
vontogr, all systems have tuff times, it's all about long term success.
Member Since Feb 22, 2011   4862 posts
Jul 23, 2017 at 06:03
andriisv posted:
vontogr, all systems have tuff times, it's all about long term success.

If you are OK when your money does not make any profit for half a year it is your choice
I have bills to pay each month
Member Since May 17, 2016   1 posts
Jul 26, 2017 at 06:43
Hi, how can i follow your account? how this works? I have an account with FXGiants and i want to copy your trades.
Member Since Jun 01, 2017   5 posts
Aug 08, 2017 at 06:09
It is pointless to keep hedged positions in Forex. There will be always loss due to swaps and there is no strategy how and when to close them.
Member Since Mar 01, 2015   8 posts
Aug 31, 2017 at 06:26
Wondering how super market operates.....................
bobtsai88888888@
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