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Show your profitable account here.
เป็นสมาชิกตั้งแต่ Dec 30, 2015
20 โพสต์
Jan 05, 2016 at 07:18
เป็นสมาชิกตั้งแต่ Dec 30, 2015
20 โพสต์
i have a simple question :
while reading this forum i see many people pointing out demo accounts as if they were fake accounts. yes, they are accounts with fake money but they are not fake. the market information shown in demo accounts are the same shown in real money accounts, the info shown by indicators on demo accounts are the same shown in real accounts.
so, my question :
is a trading system operated on a demo account a system that will not be consistent on real account?
if yes, does that make any sense to use demo accounts to test strategies? does this mean that brokers claim demo accounts as good ways to test strategies while this is not true?
please, don't take my post as a silly and useless criticism. i am just trying to figure out how things are about this topic.
while reading this forum i see many people pointing out demo accounts as if they were fake accounts. yes, they are accounts with fake money but they are not fake. the market information shown in demo accounts are the same shown in real money accounts, the info shown by indicators on demo accounts are the same shown in real accounts.
so, my question :
is a trading system operated on a demo account a system that will not be consistent on real account?
if yes, does that make any sense to use demo accounts to test strategies? does this mean that brokers claim demo accounts as good ways to test strategies while this is not true?
please, don't take my post as a silly and useless criticism. i am just trying to figure out how things are about this topic.
Market has no memory. Here and Now are your best indicators.
เป็นสมาชิกตั้งแต่ Nov 01, 2015
120 โพสต์
Jan 05, 2016 at 07:25
เป็นสมาชิกตั้งแต่ Nov 01, 2015
120 โพสต์
Yes please share your profitable account. Making daily .03% on green isn't much profitable, as you can't even cover your cable bill with that amount of money. I have started the new year with a small amount, and will try my best to make it profitable. Actually, that is is everyone's wish, but this thread is for people who are doing it.
Jan 05, 2016 at 07:44
เป็นสมาชิกตั้งแต่ Aug 31, 2015
9 โพสต์
New Trading account for 2016 https://www.myfxbook.com/members/abishy/portfolio-jumper/1467134
เป็นสมาชิกตั้งแต่ Sep 18, 2015
16 โพสต์
Jan 05, 2016 at 12:51
เป็นสมาชิกตั้งแต่ Sep 18, 2015
16 โพสต์
New Year for profit, we close last year with stable results
https://www.myfxbook.com/members/feelinvestment/dunamis30/1387554
https://www.myfxbook.com/members/feelinvestment/dunamis30/1387554
เป็นสมาชิกตั้งแต่ Nov 06, 2014
114 โพสต์
เป็นสมาชิกตั้งแต่ Nov 01, 2015
120 โพสต์
Jan 09, 2016 at 18:47
เป็นสมาชิกตั้งแต่ Nov 01, 2015
120 โพสต์
RedRhinoFX posted:
Over 1000% gain in 2015. Check profile and the ATS 10 strategy. Risk reduced by 50% for 2016.
RedRhinoFX posted:
Over 1000% gain in 2015. Check profile and the ATS 10 strategy. Risk reduced by 50% for 2016.
The sad reality about your 'EA' based on the results you have shown is that it isn't very good. The results are pretty good, but look at the drawdown on all of your accounts. What good is it to have 1000% return when your drawdown is 99%. I say that because if someone would of invested in your system towards the tail end, then it would of resulted in a margin call.
forex_trader_127457
เป็นสมาชิกตั้งแต่ May 09, 2013
11 โพสต์
Jan 10, 2016 at 02:31
เป็นสมาชิกตั้งแต่ May 09, 2013
11 โพสต์
this is a month old demo. cuz i dont have real account yet. but im proud of the trades i took. keep in mind that the 30% dd is due to low initial deposit which is only 100$. there is always a stoploss and 1st target of 1:1 rr. second half is what makes real profit. feel free to check the trades and drop your opinion.
https://www.myfxbook.com/members/razayev/cani/1466120
https://www.myfxbook.com/members/razayev/cani/1466120
Jan 10, 2016 at 05:32
เป็นสมาชิกตั้งแต่ Jan 12, 2014
121 โพสต์
razayev posted:
this is a month old demo. cuz i dont have real account yet. but im proud of the trades i took. keep in mind that the 30% dd is due to low initial deposit which is only 100$. there is always a stoploss and 1st target of 1:1 rr. second half is what makes real profit. feel free to check the trades and drop your opinion.
https://www.myfxbook.com/members/razayev/cani/1466120
Looks like you're doing something right
You've gotta be in it to win it.
เป็นสมาชิกตั้งแต่ Nov 12, 2010
178 โพสต์
Jan 10, 2016 at 10:57
เป็นสมาชิกตั้งแต่ Nov 12, 2010
178 โพสต์
HolyGrailPTY posted:RedRhinoFX posted:
Over 1000% gain in 2015. Check profile and the ATS 10 strategy. Risk reduced by 50% for 2016.RedRhinoFX posted:
Over 1000% gain in 2015. Check profile and the ATS 10 strategy. Risk reduced by 50% for 2016.
The sad reality about your 'EA' based on the results you have shown is that it isn't very good. The results are pretty good, but look at the drawdown on all of your accounts. What good is it to have 1000% return when your drawdown is 99%. I say that because if someone would of invested in your system towards the tail end, then it would of resulted in a margin call.
Agreed, a DD of no more than 20% should be the goal in my opinion. No one wants to see all of their money disappear and then need to make it back again.
See my profile or message me for my latest EA
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
Jan 10, 2016 at 11:04
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
razayev posted:
this is a month old demo. cuz i dont have real account yet. but im proud of the trades i took. keep in mind that the 30% dd is due to low initial deposit which is only 100$. there is always a stoploss and 1st target of 1:1 rr. second half is what makes real profit. feel free to check the trades and drop your opinion.
https://www.myfxbook.com/members/razayev/cani/1466120
If you can do that on a real account that would be very impressed, especially when your equity was always above your balance due to your R:R , but seeing it's demo not sure if it is worth much since no meddling with the price, slippage, spreads etc by the broker.
forex_trader_127457
เป็นสมาชิกตั้งแต่ May 09, 2013
11 โพสต์
Jan 10, 2016 at 13:19
เป็นสมาชิกตั้งแต่ May 09, 2013
11 โพสต์
asset_developer posted:
If you can do that on a real account that would be very impressed, especially when your equity was always above your balance due to your R:R , but seeing it's demo not sure if it is worth much since no meddling with the price, slippage, spreads etc by the broker.
you would be right my friend, if i was going for small chunks, which would result in disaster in real account due to slippage and spread. but stop losses vary between 30-100 and targets go up to 500 or even more if enough time is given. but regardless i will be going live as soon as my affairs in order. thank for commenting.
เป็นสมาชิกตั้งแต่ Jan 19, 2013
251 โพสต์
Jan 10, 2016 at 20:46
เป็นสมาชิกตั้งแต่ Jan 19, 2013
251 โพสต์
RedRhinoFX posted:
My system is very good and no it doesn't have a 99% DD - https://www.myfxbook.com/members/RedRhinoFX/redrhinofx-ats-10/1240814 - this is the master account and has been running for 11 months with 10 profitable months while trading through the China Flash Crash, ECB intervention, USD rate hikes, etc.
The account with 99% DD was blown from ats 11, then I added my ATS10 to that account and made over 1000% gain running at 2X risk - https://www.myfxbook.com/members/RedRhinoFX/redrhinofx-ats-10-2x-stopped/1240807
ATS10 master account will run at reduced risk in 2016 ( 50% reduction) while some sub accounts will still run at the same risk as the master account did in 2015. I am happy with the system and I stopped selling my software rather quickly because I didn't want to offer support for life for free.
Also as with any system the Risk can be increased or decreased to suit individual needs. My 2015 performance was using $1000 trading a 0.01 that compounded after each 100% gain and that is how I was able to achieve these high performances over the length of 2015.
A 20% Worse case scenario is actually more than I am willing to risk in 2016 . the ATS10 master will have 16% equity protection instead of the 33% that I used during 2015. Why is drawdown greater than 33% on the master account? Manual intervention that continued to close profitable basket trades while managing the drawdown so the account balance grew rather quickly while the equity managed to increase at a slower rate ( that's managing drawdown).
I have other systems and they are all different in regards to strategy, money management, average monthly gains, and worse case drawdown.
All of your accounts have very very very high drawdowns. Especially considering the fact that you are risking such a small portion of your account, a drawdown that high seems rather unacceptable don't you think?
เป็นสมาชิกตั้งแต่ Jan 19, 2013
251 โพสต์
Jan 10, 2016 at 20:50
เป็นสมาชิกตั้งแต่ Jan 19, 2013
251 โพสต์
RedRhinoFX posted:
My system is very good and no it doesn't have a 99% DD - https://www.myfxbook.com/members/RedRhinoFX/redrhinofx-ats-10/1240814 - this is the master account and has been running for 11 months with 10 profitable months while trading through the China Flash Crash, ECB intervention, USD rate hikes, etc.
The account with 99% DD was blown from ats 11, then I added my ATS10 to that account and made over 1000% gain running at 2X risk - https://www.myfxbook.com/members/RedRhinoFX/redrhinofx-ats-10-2x-stopped/1240807
ATS10 master account will run at reduced risk in 2016 ( 50% reduction) while some sub accounts will still run at the same risk as the master account did in 2015. I am happy with the system and I stopped selling my software rather quickly because I didn't want to offer support for life for free.
Also as with any system the Risk can be increased or decreased to suit individual needs. My 2015 performance was using $1000 trading a 0.01 that compounded after each 100% gain and that is how I was able to achieve these high performances over the length of 2015.
A 20% Worse case scenario is actually more than I am willing to risk in 2016 . the ATS10 master will have 16% equity protection instead of the 33% that I used during 2015. Why is drawdown greater than 33% on the master account? Manual intervention that continued to close profitable basket trades while managing the drawdown so the account balance grew rather quickly while the equity managed to increase at a slower rate ( that's managing drawdown).
I have other systems and they are all different in regards to strategy, money management, average monthly gains, and worse case drawdown.
I am not sure how you can consider your system to be 'good' when you take such low risk but end up losing 10% of your account with a loss of over 600 pips.
Had a person been following you then, and decide to have wagered .03 lots, then it would of been 30% draw-down. Let us see how your system does the next 2 months, as the market will continue to trade in a small range.
Jan 11, 2016 at 08:25
เป็นสมาชิกตั้งแต่ Jan 22, 2010
99 โพสต์
@HolyGrailPTY and @BellaVista507 are the same person.
His real name is actually Alexis Ampudia and he got busted by the SEC for a Identity Theft 'Pump and Dump' Scheme
Read: https://www.sec.gov/litigation/litreleases/2007/lr20071.htm
Beware if he ropes you in to be his 'client'.
His real name is actually Alexis Ampudia and he got busted by the SEC for a Identity Theft 'Pump and Dump' Scheme
Read: https://www.sec.gov/litigation/litreleases/2007/lr20071.htm
Beware if he ropes you in to be his 'client'.
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
Jan 11, 2016 at 08:33
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
razayev posted:asset_developer posted:
If you can do that on a real account that would be very impressed, especially when your equity was always above your balance due to your R:R , but seeing it's demo not sure if it is worth much since no meddling with the price, slippage, spreads etc by the broker.
you would be right my friend, if i was going for small chunks, which would result in disaster in real account due to slippage and spread. but stop losses vary between 30-100 and targets go up to 500 or even more if enough time is given. but regardless i will be going live as soon as my affairs in order. thank for commenting.
raza your biggest issue is time not spreads nor slippage... you MIGHT do that few weeks but within a few years the market will have been against you, but like I said it would be very impressive if you could.
Jan 11, 2016 at 08:37
เป็นสมาชิกตั้งแต่ Aug 31, 2015
9 โพสต์
unmatched profits!!https://www.myfxbook.com/members/abishy-jumper/1467134
Jan 11, 2016 at 08:53
เป็นสมาชิกตั้งแต่ Feb 04, 2015
7 โพสต์
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
Jan 11, 2016 at 10:52
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
eletropol posted:
my system https://www.myfxbook.com/members/eletropol/konto-pod-kopiowanie/1275795
That is a brilliant system, you're only one step away from blowing up your account ... lol
เป็นสมาชิกตั้งแต่ Dec 12, 2015
115 โพสต์
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