I dont believe any trader can make money in long run .Not 5% ,not even 1% .

kanon103 posted:

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

maybe its the best but still a shit. it did not make money for years before. if you can read the chart.
its 50 50 EA and not worth to risk large account.

and that is not how you call consistently.

for me it's a good EA, I think 400% and 800% profit for 3 years is very good performance. And this ea is number 2 the best system in myfxbook autotrade.. I don't know why you say, 'not worth to risk large account.' Maybe you more happier if your account has blown than profit for years..

greencastle posted:

kanon103 posted:

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

maybe its the best but still a shit. it did not make money for years before. if you can read the chart.
its 50 50 EA and not worth to risk large account.

and that is not how you call consistently.

for me it's a good EA, I think 400% and 800% profit for 3 years is very good performance. And this ea is number 2 the best system in myfxbook autotrade.. I don't know why you say, 'not worth to risk large account.' Maybe you more happier if your account has blown than profit for years..

cant you see its up and down? it is profiting but not that stable. of course you think its good EA, because you havent seen better ones. wallstreet could be down and never comes up again. ended up what you have on your octafx account. your just sit and wait for your account to be blown up. only noob uses commercial EA and say they are good. wake up!

I have been trading for 15 years and have made enough profits. I must admit my psychology wasn't what it is today, I take a much more cleaner and business-like approach. Can I disclose 15 years of my account history? No, why? I move to a better broker when I see it, have not been with the same broker for more than 3 years, there is always a new broker out there that has better terms with newer technology.
In 15 years I have done it all, if it has data and good terms investigate it, is Forex is profitable, yes it is, the last 5 years technology has moved more towards traders than to brokers, banks have moved to greater centralisation which means less local market makers on the broker side.
Nothing can stop you making money if you are going to make money, there isn't a conspiracy out there to 'get you' the banks are not trading against you, and although it is a hard and personal journey to meet a good broker I think that everyone can find one that suits their terms.
Capturing larger moves, having enough balls to say OK, this position has moved against me I must cut it isn't the bank nor broker, that is you. Of course the banks are wanting your stops, they want your all your Take Profits as well... Order systems are designed to do that so it props up liquidity.
Think about it, if every broker and bank was out to get you then would there be not more sporadic movement, huge 30 pip jumps on your local aggregated price feed and more whistle blowers in the industry?
Guess who is out there ready to take your orders? Other traders, other traders are the placing these orders, instructing banks and brokers to grab 2 mill here and there they are the ones wanting better prices in all and any directions.
Go with one of the newer brokers out there that give you split feed prices with institution tags, routing information and trader ID's and the veil will lift (fairly new brokers mostly).
If you are going to make money, nothing can stop you, no broker, no bank, nobody, well except maybe the tax man.

kanon103 posted:

greencastle posted:

kanon103 posted:

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

maybe its the best but still a shit. it did not make money for years before. if you can read the chart.
its 50 50 EA and not worth to risk large account.

and that is not how you call consistently.

for me it's a good EA, I think 400% and 800% profit for 3 years is very good performance. And this ea is number 2 the best system in myfxbook autotrade.. I don't know why you say, 'not worth to risk large account.' Maybe you more happier if your account has blown than profit for years..

cant you see its up and down? it is profiting but not that stable. of course you think its good EA, because you havent seen better ones. wallstreet could be down and never comes up again. ended up what you have on your octafx account. your just sit and wait for your account to be blown up. only noob uses commercial EA and say they are good. wake up!

Thanks for the advice bro, I apreciate it.. If you say so, okay no problem.. but let me try it first for couple of years, because this ea so far so good for me...😄

I don't get on this forum often, just check back every several months to see if there is anything new going on, there isn't. All the new threads are the same as the old ones. I have given proof that consistent profits can be made many times before but lets do it once again for old times sake.

The first link was from 2008-2009 on IBFX (Broker no longer offers mt4 trading or mini accounts). That was during the meltdown when volatility, and therefore prices, were all over the place. Please ignore the high return rate, that was only because of the extreme volatility. The second link is that same system today set for novice investors. This system is almost 100% hands off but not quite as there are little things that you can do to increase profitability.

https://www.forex-assistant.com/2008-2009.zip

https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913

https://www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841

The third link is a newer system designed to work on US brokers. After working on a US broker for 15 months the NFA (a US regulatory agency and the banks private whore) invented a new regulation (FIFO) so the first system would no longer work in the US. The Passive Income Generator was created to continue to work within the US regulations. The curves show you the consistency that you inquired about.

Now that you know it can be done, all the defeated ones can stop winning and just do it. Fear of what your broker is doing is an emotion that needs controlled not a real concern today. In fact I know the second or third in command at FXDD and the owner of Lucror and can tell you they work hard to keep their integrity in tact. A reputation is like virginity, lose it once and its gone forever. The pittance that brokers would make by using a stop-loss hunter would never be worth the losses in clients once the word gets around.

Hope this helps everyone to sleep better at nights. Later.

Bob

We are sure you can earn money on Forex, what I have seen so far is people are unsatisfied with low gaining, so they rise their risk and boost the account. We are working on a 1 million proyect with the goal to obtain in 7 years from only USD 700.-, 1 million. You can follow us on https://www.myfxbook.com/members/TLCLife/1millon/1010280 and bet on the outcome ;) We are pleased to hear from you...

In order for you to see people really making money trading, you need to get more involved physically, because the ones making money dont go around publishing their results, they are just concentrated doing trading.

TLCLife posted:
We are sure you can earn money on Forex, what I have seen so far is people are unsatisfied with low gaining, so they rise their risk and boost the account. We are working on a 1 million proyect with the goal to obtain in 7 years from only USD 700.-, 1 million. You can follow us on https://www.myfxbook.com/members/TLCLife/1millon/1010280 and bet on the outcome ;) We are pleased to hear from you...

Well, honestly, you will not be able to make it if you can't accept losses. Your DD is too high and you can lose your account in one bad trade series and you just need one to blow out you account.

Well, honestly, you will not be able to make it if you can't accept losses. Your DD is too high and you can lose your account in one bad trade series and you just need one to blow out you account.
You are right, but our strategy is officially created for US2.500 and you don't know how we choose the trading pairs and we do accept lose, when it's necessary. At the moment everything is calm in the market so no need to worry, we see it as a proyect and we are pleased to inform about our results.

Professor53 posted:
MY martingale double sided gridder is set on lite mode. It will not make you rich, but it will not blow the account on lite settings. 10% a year is the goal.
Let me know if anyone wants to play with it. I have designed many EAs. all can make money slowly, but none can make you a living or make you rich. Increased profits equals increased risk of loss.
Current chart is started at 10k ( demo). Live forward.

P53

Really good point