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Posts by forex_trader_287419
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Who has the best PAMM accoutn on fxbook ?
in
Experienced Traders
Feb 27, 2017 at 12:56
http://www.myfxbook.com/members/BinaFX/edge/1915884http://www.myfxbook.com/members/eruditeX/thedoc-simple-methods/1813678http://www.myfxbook.com/members/GloryForex/safehaven/1436603These are good managed accounts/management services I found. Good risk adjusted returns, consistency, regulated brokers, long trading history. BinaFX trading history is closed so based on the number of trades I think it might be a kind of grid/martingale strategy which would disqualify the account in my estimation. The other two look like really good, sustainable systems with good consistency and most of all great r...
Sakura FX Trading
in
Signal Providers
Feb 14, 2017 at 10:02
Ok, thats better. Keep it open for a few days. I dont know why you did not do that before, we would have had a different conversation...
SimplyTheBest FxPro
in
Trading Systems
Feb 14, 2017 at 08:01
I will ask you if its so great in a few months when the DD goes up and the profits go down. I am not saying the account will blow up but in my estimation, there are too many trades and when something unexpected happens, you will be in a large DD and will need quite some time to get out of it. And FYI, how do you know I dont have any experience? If I am not showing my accounts it doesnt mean I dont have experience and it definitely does not mean I cant comment on your system and point out the facts. I am not here to sell anything but you are so its my right to comment on your trading. I didnt m...
Sakura FX Trading
in
Signal Providers
Feb 13, 2017 at 16:47
Then open a demo on your own broker and provide investor pass for 2 days. Nobody will copy traders for 2 days and everyone will be able to see them. Is that something you can do or will you find another excuse?
SimplyTheBest FxPro
in
Trading Systems
Feb 13, 2017 at 16:29
You said this: System started once I finished demo/cent testing and gather enough capital to run it.Thats why I mentioned demo. Apparently you are not familiar with risk adjusted returns. There are many traders that can make 20% per month but the question is what DD they will have while making that profit. I said before, your account is not bad and if you keep this up you might get quite a few investors. The thing is that it is too short and the big investors will not take you seriously with 3 months track record. When you have longer track record then the account can be properly evaluated. An...
Sakura FX Trading
in
Signal Providers
Feb 13, 2017 at 16:27
@SakuraTrading If you are so keen to prove you are not a Ponzi, you should just set up a demo and copy trades for a week. We all know OliverFX, Megainvestor and SuperTrader are all profiles you have opened to promote your "trading". I mean it is kind of a strange coincidence that all those users were registered on the exact same day, within 2 hours and only comment on Sakura. It is becoming more and more obvious, you are doing this yourself.You said your trader doesnt have time to trade a demo account. Thats ok. I will pay for a VPS and a trade copy EA for you and you can set up the ...
SimplyTheBest FxPro
in
Trading Systems
Feb 13, 2017 at 11:13
I mentioned in my last post that its 3 months old. You should read what I wrote. System started live on November 10. Thats 3 months and 3 days. Avg monthly profit is 9% and DD is 14%. You are right it is not 1:2 but it will be very soon I suppose. Right now is 1:1.6. As I said it is not great, but its not bad either.And it does open too many positions. You have over 3000 trades in 3 months. If that is not too much, I dont know what is. How can you claim 1000 trades per month is not too much? That is about 50 trades per day on average, it is crazy!!Demo and real account are very different, demo...
SimplyTheBest FxPro
in
Trading Systems
Feb 13, 2017 at 09:25
My mistake, its 3 months))) Doesnt change the fact its still very new and not proven. 3 months is nothing. Why do you think investment companies or Funds need a minimum of 9 months of track record? They are pros and know what they are looking for. I am also skeptical because you started running it on November 10th. That is one day after US election when the markets went crazy. That might suggest that you restarted the EA after the market craziness. Since then there hasnt been any big events and because the EA opens so many positions it tells me that the account is never flat and you always hav...
Sakura FX Trading
in
Signal Providers
Feb 13, 2017 at 07:12
You are regulated in Vanuatu. Come on, this is a bad attempt of a joke LOL.Like Doctor said, why not connect a demo of lets say IC Markets and trade there for a week and lets see if the trades match. Nobody will copy your trades which you are apparently so afraid of. If you want to prove your trading is real, this is the way to do it not some screenshots which can be faked as well.In my experience, when traders/managers start to make excuses to a simple request like this, there is something wrong. It is the same thing every time. So connect demo, trade for a week or nobody will believe you.Als...
CurboFX
in
Trading Systems
Feb 12, 2017 at 07:42
Gone, as expected..... It was nice while it lasted.
Sakura FX Trading
in
Signal Providers
Feb 12, 2017 at 07:36
I have a demo account with Sakura and it does not do anything for my confidence in their trading. There are just too many red flags. The brokers name is the same as the "company", the results in demo account are posted after the trades are closed so they can easily be faked... It is just another Ponzi, like so many before here on myfxbook. It is sad really.
305982
in
Trading Systems
Feb 12, 2017 at 07:34
Exactly! I remember this user bobjetions. He had a great looking account, kind of like this one on some obscure broker. His account was updated only once per day at a certain time. He was making 20% avg monthly on 5% max DD. A guy I know wanted to invest with him but didnt want to put his money in the PAMM on that unregulated broker. In the end they agreed on bobjetions trading his personal account. Immediately, the trading was completely different than shown on myfxbook. I am not talking about entries off by a few pips, I am talking different pairs, different times, everything was different. ...
SimplyTheBest FxPro
in
Trading Systems
Feb 12, 2017 at 07:32
Not bad but only 2 months of track record is not enough. Also the DD is kind of high (relative to the avg monthly profit) and will most likely get even higher in the future. Still, your account is in top 1% on myfxbook in my opinion, it just needs longer trading history. I would say you need at least 9 months to properly evaluate the strategy..
Who has the best PAMM accoutn on fxbook ?
in
Experienced Traders
Feb 06, 2017 at 08:09
3 months is nothing... There should be a minimum of 6 months, better yet 9 months. There is a reason why no highly profitable account with a reasonable DD of over 6 months is posted here. Its easy to make 10% per month on a 50% DD, try 10% profit on 10% DD for 6 months. I would never invest my money with someone, who cant show me 6 months of consistent profits at least.
MAM Pepperstone
in
Trading Systems
Jan 09, 2017 at 10:57
The account still not verified. Looks more and more like a scam...
MAM Pepperstone
in
Trading Systems
Jan 02, 2017 at 09:41
Bullsh***😂
MAM Pepperstone
in
Trading Systems
Dec 29, 2016 at 15:53
Then why are you engaging in a debate and saying you will verify the account but then dont do it? You said you will do it weeks ago, you repeated it a few times and you just said it again now. It just looks suspicious when you keep saying something and then not holding your word. It usually means you are hiding something. I would gladly invest with you but because all this secrecy I believe the account is not real and the performance is fake.
MAM Pepperstone
in
Trading Systems
Dec 29, 2016 at 13:39
my breath***
MAM Pepperstone
in
Trading Systems
Dec 29, 2016 at 13:39
I think you shouldnt hold your breath. If he didnt have anything to hide, he would already verify the account. I dont see another explanation on why he doesnt do it...
MAM Pepperstone
in
Trading Systems
Dec 27, 2016 at 07:15
I dont believe the performance until its verified. The first account was never verified and I doubt this one will be. I rather put my money in something more transparent and safe.
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