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forex_trader_5776
Ahli sejak Jan 17, 2010
140 hantaran
Ahli sejak Feb 28, 2010
1 hantaran
May 18, 2010 at 21:48
Ahli sejak Feb 28, 2010
1 hantaran
nice work ?
balance 2800$
in open trades -2000$.
So it is worth 800$ , taking into account initial deposit 1000$ it is -200$ for few months. Not very impressive - I can loose money MUCH faster! ;)
balance 2800$
in open trades -2000$.
So it is worth 800$ , taking into account initial deposit 1000$ it is -200$ for few months. Not very impressive - I can loose money MUCH faster! ;)
forex_trader_5776
Ahli sejak Jan 17, 2010
140 hantaran
May 18, 2010 at 21:58
Ahli sejak Jan 17, 2010
140 hantaran
Check the date on my comment
I can't control what happens after that.
I can't control what happens after that.
forex_trader_12025
Ahli sejak May 20, 2010
23 hantaran
May 26, 2010 at 22:04
(disunting May 26, 2010 at 22:05)
Ahli sejak May 20, 2010
23 hantaran
Account down 34k pips on open positions. Yes, thats 34,000! Why people trade with no stops is beyond me.
Ahli sejak Oct 28, 2009
1435 hantaran
May 26, 2010 at 22:11
Ahli sejak Oct 28, 2009
1435 hantaran
Actually it's down 41,000 pips.
You missed the second page
;)
You missed the second page
;)
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_1199
Ahli sejak Sep 29, 2009
20 hantaran
Jun 27, 2010 at 14:50
Ahli sejak Sep 29, 2009
20 hantaran
I am tracking this..., for 'science' sake...
Ahli sejak Jun 30, 2010
4 hantaran
Jul 17, 2010 at 19:44
Ahli sejak Jun 30, 2010
4 hantaran
He's technically still up 20% over his whole history if he closes out now. I can't imagine running 60+% in the red in hopes that it would turn around, but I'm not a pro...
Ahli sejak Aug 20, 2009
216 hantaran
Jul 22, 2010 at 20:39
Ahli sejak Aug 20, 2009
216 hantaran
Fascinating how myfxbook.com basically shows that virtually nobody makes money in forex over the long run. Every single account showing gains over 50% on closer inspection is either
1) The broker themselves cooking the server a bit to generate free advertisement, usually your Russian brokers with 'Boris' his wife 'Doris' and brother 'Boomer' posting in broken English.
2) Real $100 deposit accounts all by the same sock puppet spread over 100 accounts running an EA aligned with the Saros solar cycle. In the casino , out of a hundred slot machines each with a paw-paw, banana and monkey you will from time to time get three paw-paws in a row.
1) The broker themselves cooking the server a bit to generate free advertisement, usually your Russian brokers with 'Boris' his wife 'Doris' and brother 'Boomer' posting in broken English.
2) Real $100 deposit accounts all by the same sock puppet spread over 100 accounts running an EA aligned with the Saros solar cycle. In the casino , out of a hundred slot machines each with a paw-paw, banana and monkey you will from time to time get three paw-paws in a row.
Ahli sejak Oct 28, 2009
1435 hantaran
Jul 22, 2010 at 21:45
Ahli sejak Oct 28, 2009
1435 hantaran
I beg to differ, Cast Iron Man version 3 currently stands at 92% after nine months of trading and I fit into neither of those criteria. I'm sure there are many other people on here who are trading genuinely and have successful strategies.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Ahli sejak Sep 04, 2009
879 hantaran
Jul 22, 2010 at 22:02
Ahli sejak Sep 04, 2009
879 hantaran
stephanusR posted:
Fascinating how myfxbook.com basically shows that virtually nobody makes money in forex over the long run. Every single account showing gains over 50% on closer inspection is either
1) The broker themselves cooking the server a bit to generate free advertisement, usually your Russian brokers with 'Boris' his wife 'Doris' and brother 'Boomer' posting in broken English.
2) Real $100 deposit accounts all by the same sock puppet spread over 100 accounts running an EA aligned with the Saros solar cycle. In the casino , out of a hundred slot machines each with a paw-paw, banana and monkey you will from time to time get three paw-paws in a row.
I wonder why you are still here on a place full of fakes and tricks...🙄
forex_trader_7
Ahli sejak Aug 01, 2009
941 hantaran
Jul 22, 2010 at 22:15
(disunting Jul 22, 2010 at 22:16)
Ahli sejak Aug 01, 2009
941 hantaran
Because fx books has the most awesome stats in the world!!
Love how I can dig into my portfolio at a glance. Thank you fx book people!!
Love how I can dig into my portfolio at a glance. Thank you fx book people!!
forex_trader_7
Ahli sejak Aug 01, 2009
941 hantaran
Jul 22, 2010 at 22:20
(disunting Jul 22, 2010 at 22:25)
Ahli sejak Aug 01, 2009
941 hantaran
Also serve us well to remember Nick Leeson was a pro....I think he was the most famous martingale wipe out.
forex_trader_5776
Ahli sejak Jan 17, 2010
140 hantaran
Jul 23, 2010 at 05:22
Ahli sejak Jan 17, 2010
140 hantaran
pc8multifx posted:
I wonder why you are still here on a place full of fakes and tricks...🙄
I was wondering the same thing
Ahli sejak Aug 20, 2009
216 hantaran
Jul 23, 2010 at 07:19
(disunting Jul 23, 2010 at 07:24)
Ahli sejak Aug 20, 2009
216 hantaran
stevetrade posted:
I beg to differ, Cast Iron Man version 3 currently stands at 92% after nine months of trading and I fit into neither of those criteria. I'm sure there are many other people on here who are trading genuinely and have successful strategies.
https://www.myfxbook.com/members/stevetrade/cast-iron-man/9591 , deposit was 3651, equity at 3947 = 8% return on capital.
There is not a single EA out there that works, myfxbook.com has demonstrated this. Every single peddler of EA's has tried to hawk his goods here and all were caught out. Nobody should invest any money with somebody who trades via an EA, this is the first sign the PAMM manager doesn't know what he is doing. EA's are great for setting up 1000 fronting company PAMM systems, generating 500% on five of them , taking 30% commission , but the other 995 lose their money. The PAMM EA system developer can't lose because he will always have naive investors out there not comprehending what is really going on.
Ahli sejak Feb 16, 2010
1332 hantaran
Jul 23, 2010 at 08:37
(disunting Jul 23, 2010 at 08:37)
Ahli sejak Feb 16, 2010
1332 hantaran
Stephanus,
I'm monitoring what you've been writing in the last weeks. Sometimes you're right, sometimes you're wrong.
You're trying to judge everything and everybody not knowing the full facts and details.
I agree that maybe 98% of the super muper results here are just a SCAM product or hidden broker advertisement BUT NOT EVERYTHING.
Forex is huge market with huge daily turnover ==> huge profits and huge losses.
It's completely normal that clever or not so clever guys or companies will try to get some profits taking advantage of the stupid and naive people.
But considering that there aren't profitable EAs is very naive and superficial. I'm creating and studying EAs for more than 5 years and my conclusion is that 99% of the commercial and free EAs are not profitable. But there are few EAs(max 5 according to me) free and commercial EAs that are worth to try. Some of them are very successful but very expensive and you need large capital to cover the EA cost by the profit made. Free EAs are not so profitable but still on the positive. The fact that you have prejudices about EAs or you havent's found/created a decent one doesn't make all EAs stupid and non profitable.
I'm monitoring what you've been writing in the last weeks. Sometimes you're right, sometimes you're wrong.
You're trying to judge everything and everybody not knowing the full facts and details.
I agree that maybe 98% of the super muper results here are just a SCAM product or hidden broker advertisement BUT NOT EVERYTHING.
Forex is huge market with huge daily turnover ==> huge profits and huge losses.
It's completely normal that clever or not so clever guys or companies will try to get some profits taking advantage of the stupid and naive people.
But considering that there aren't profitable EAs is very naive and superficial. I'm creating and studying EAs for more than 5 years and my conclusion is that 99% of the commercial and free EAs are not profitable. But there are few EAs(max 5 according to me) free and commercial EAs that are worth to try. Some of them are very successful but very expensive and you need large capital to cover the EA cost by the profit made. Free EAs are not so profitable but still on the positive. The fact that you have prejudices about EAs or you havent's found/created a decent one doesn't make all EAs stupid and non profitable.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Ahli sejak Aug 20, 2009
216 hantaran
Jul 23, 2010 at 09:06
Ahli sejak Aug 20, 2009
216 hantaran
Another trader touting his wares is Timmothy Sikes. He specializes in shorting penny stocks. Since penny stocks can have significant movement on high volume trades, due to low market cap, it is possible for Sikes to engage in frontrunning his toutes.
He first shorts and then afterward tells his subscribers to short , covering his own short when the equity tanks. This is why he never posts all his separate 100 brokerage accounts because it will show how his biggest asset is the clients driving down the penny stocks after he shorted. He also to ruined a hedge fund he managed. His tricks won't work on Forex, only Moodies can game the forex market once every 10 years by giving a tip-off to their buddies that come Monday the Euro and Greece is toast.
He first shorts and then afterward tells his subscribers to short , covering his own short when the equity tanks. This is why he never posts all his separate 100 brokerage accounts because it will show how his biggest asset is the clients driving down the penny stocks after he shorted. He also to ruined a hedge fund he managed. His tricks won't work on Forex, only Moodies can game the forex market once every 10 years by giving a tip-off to their buddies that come Monday the Euro and Greece is toast.
Ahli sejak Jul 24, 2010
4 hantaran
Jul 24, 2010 at 14:39
Ahli sejak Jul 24, 2010
4 hantaran
rofl i watch this funny methods of trades and hopes and can't stop laughting at people who belive they will find the best ea.. and sleep all day and night and computer will make money for them .. wahahah
forex_trader_7
Ahli sejak Aug 01, 2009
941 hantaran
Jul 24, 2010 at 16:23
(disunting Jul 24, 2010 at 16:24)
Ahli sejak Aug 01, 2009
941 hantaran
MTwain...
From the net:
'Tradebot uses computer algorithms to provide liquidity to the stock market. Dave started Tradebot in 1999 out of a spare bedroom with a $10,000 investment. Some days Tradebot accounts for over 10% of the total U.S. stock market volume. '
Might wanna read up a bit on automated trading before you laugh to hard....
From the net:
'Tradebot uses computer algorithms to provide liquidity to the stock market. Dave started Tradebot in 1999 out of a spare bedroom with a $10,000 investment. Some days Tradebot accounts for over 10% of the total U.S. stock market volume. '
Might wanna read up a bit on automated trading before you laugh to hard....
Ahli sejak Jul 18, 2010
26 hantaran
Aug 03, 2010 at 20:54
(disunting Aug 03, 2010 at 21:00)
Ahli sejak Jul 18, 2010
26 hantaran
I hope you made it pro trader. This is the weakest point of martingale when it run. From friend it become worst enemy. I think the best thing to do is let it go and take the loss when you are at XX% DD Then find the trend again. you still up $200 probably best to just walk away with it.
Be open mind, we can learn so much more.
Ahli sejak Aug 02, 2010
51 hantaran
Aug 05, 2010 at 22:48
Ahli sejak Aug 02, 2010
51 hantaran
stephanusR posted:
Fascinating how myfxbook.com basically shows that virtually nobody makes money in forex over the long run.
If 2.6 years is 'long run' then I am at least making (good) money. Please check the total pips on all of my accounts. I started these accounts 1/1/2008 and I am at the moment up almost 900% (my normal drawdown is about 30% although there was one much bigger dd 1.5 years ago because of my mistake, but still I made that year more than 100% total, so If DD figure is calculated on a yearly basis then my DD has been all the time less than 33% yearly).
Not sure if you can see my capital there, but I started with 320 euros and am now up more than 2500 euros).
My current results are much better because I improved very much my whole system basket last christmas. So since last christmas the DD has been lower than expected and very good profits total.
I am about 99.99% sure that these 5 systems I run are gonna be in profits in next 12 months from this day. I am ready to even bet about that, heh :) (well, I dont actually do betting ...but anyway..).
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
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