FxMasterGuru's Beiträge - Seite 38

Show your profitable account here. in Allgemein Jul 25, 2015 at 10:05

Come on... Any strategy result with less than 100 trades and with shorter than 6 months track record has practically no statistical significance.

Are you managing an account here at myfxbook? in Erfahrene Trader Jul 25, 2015 at 09:56

@VietPips You are right about the 95%. The reason why most traders and even 'self-appointed' MyFxBook money managers fail is not because of their strategy, but because of their 'psychology'.According to many published books and experts, trading success is 80% psychology and 20% strategy. If anyone had ever traded an account above $50k knows what I am talking about. And $50k is just 'pocket change' for most hedge fund managers.Also, that is the exact reason why "trading psychology" books are so popular on Amazon.com, and that is why hedge funds employ psycholog...

Are you managing an account here at myfxbook? in Erfahrene Trader Jul 25, 2015 at 09:44

@miomax +9% profit with -40 pips loss last week is MARTINGALE in "my books". Even if you are hiding Trade History... (for obvious reasons...)And we ALL know what happens to ALL Martingale strategies. Sooner or later... But usually sooner...

RubinFX_EA_V2.0 in Handelssysteme Jul 25, 2015 at 09:41

@rubinfx Yeah, right...! Fifty scammed buyers are just enough for you for $500 per piece. (But I guess you are lying about that number, too.)Your promoted EA is a scam, as it has produced completely different trades on my REAL live IC Markets account than shown on MyFxBook. And that is a SCAM attempt in "my book". 😡You could prove me wrong by offering a Signal Service, but of course, you will not do it. You will not even Verify your Track Record (for obvious reasons)... Shame on you!

RubinFX_EA_V2.0 in Handelssysteme Jul 24, 2015 at 08:54

@rubinfx Yeah, right... I am not a noob... Come on!EA has been placed only on a single (i.e. ONE) pair on my MT4.Real Account size is 1200 Euros and risk setting is the lowest: 0.01.I guess I have somewhat more credibility on MyFxBook than You, Mr. RubinFx from RUSSIA... Please look at how many vouches You got from fellow MyFxBook member and how many I got... For CREDIBILITY...See real account screenshot below.

RubinFX_EA_V2.0 in Handelssysteme Jul 24, 2015 at 08:37

REAL account trades and results are COMPLETELY DIFFERENT from what are shown on the performance page of RUBINFx.I am running this EA on a REAL (i.e. not demo) IC Markets TrueECN account, so I have hard evidence of the above.For example: over the past 24 hours my REAL account had 40(!) closed trades and currently has 34(!) open trades, which open positions are in -10% floating DD... Yeah, -10% DD within 24 hours...Although the Open trades are hidden by RubinFx, the displayed showcase account shows 4, i.e. only FOUR Closed Trades over the past 24 hours and NOT 40(!), i.e. FOURTY.This is a HUGE d...

Are you managing an account here at myfxbook? in Erfahrene Trader Jul 24, 2015 at 07:29

I don't think so... "Real" money managers do not spend their time on MyFxBook promoting their enterprise.With their min. $100k deposit limit (and "only" 3-4% monthly profits) probably they would not find too many clients here on MyFxBook...So their "promo time" is better spent by socializing in luxury Country Clubs and upscale parties in Manhattan or on Miami Beach...

Are you managing an account here at myfxbook? in Erfahrene Trader Jul 23, 2015 at 21:10

@VietPipsIt means that you give your MT4 and Password to a total stranger, who will trade on your account. If your are REALLY lucky, he will make some profits for you and at the end of the month you pay him a percentage of your profits (via PayPal, wire, BitCoin, etc.)Don't have your hopes high, most profitable strategies don't last for more than 6 months without a disappointing or unproportional DD. Those who have the 'Holy Grail' are not soliciting clients for account management here on MyFxBook...

Show your profitable account here. in Allgemein Jul 23, 2015 at 07:11

It would be perfect, however, it is a GRID... And we all know what happens to GRIDS one day...The only question is when that day of doom is coming... Until the "Doom Day" it is the "Holy Grail"...So enjoy the Ride on the Wave while it lasts...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 22, 2015 at 06:53

@ugonna12 I manage only my own account (as a 'portfolio manager') being a client of a few promising signal providers and private account managers (if that is what you were asking about). And yes, I am making real profits with their assistance.Can I live on my profits? No. But if I lived in a low GDP country or if I were a monk in Tibet, I would be a rich man (or rich monk, but its already a paradox) with my Fx profits. Everything is relative, it depends on how much money one needs to live on...For example: Here is FxZurich (see his ad above). Although his showcase account is demo and ...

Managed Accounts in Allgemein Jul 21, 2015 at 13:53

Another SCAM attempt by the (in)famous ... Of course, under a different name...It seems that some people have no problem looking in the mirror every morning and staring at the face of PARASITE who feeds himself by scamming hard working people. It is just amazing...Please read this thread (on the same strategy) how scam has unfolded (attention to Page 8): http://www.myfxbook.com/community/trading-systems/eagold/896198,1#?pt=2&p=1&ts=92&o=896198

Show your profitable account here. in Allgemein Jul 20, 2015 at 15:12

@ferranfont 'Bread and butter' GRID strategy... Lets see how long will it last...Over the past years I have not seen any grid strategies which would have survived more than 12 months. They ALL have ended with a MAJOR DD wiping out at least 6 months' profits (or more).Of course, one never knows... The 'Holy Grail' might just be hiding in plain sight...

Show your profitable account here. in Allgemein Jul 20, 2015 at 15:07

@agustrader01 It is strange that ALL your DEMO accounts are all in profit, while your REAL MONEY account (with the same title) is in LOSS:http://www.myfxbook.com/members/agustrader01/cts-pound-real/1286059It means that it is not possible to reproduce your DEMO results on a REAL money account... Correct...?

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 20, 2015 at 15:03

To whom did you address your question?

Is it possible to get 30% profit every month? in Erfahrene Trader Jul 20, 2015 at 14:59

In DreamLand... Maybe... 30% every month means: EACH and EVERY MONTH...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 18, 2015 at 14:17

@IXBONE I agree with your comments. Cost averaging - done with expertise, precision and calculated risk - can be much more lucrative than the 'old school' method of using fixed SL.On the other hand, those who are able to pull it off are not hanging around on MyFxBook in their free time. They are either trading for a hedge fund and enjoying their millions in the Hamptons, on the Bahamas or in their plush penthouse on Park Avenue in Manhattan...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 18, 2015 at 11:13

@AlgoFXtrade My only concern is that the above shown strategy uses GRIDDING, ie. cost averaging. I am very sceptical about any strategy employing GRID money management as losses may come hard and fast when the grids fail.Which is clearly shown on your 'AlgoFXtrade 2' strategy performance graph: http://www.myfxbook.com/members/AlgoFXtrade/algofxtrade-2/1211528It can also be seen on your 'showcase' account between May 26th and May 29th, when BUYING into the falling AUD/USD on multiple occasions (6x) has eventually failed, causing a significant DD.Anyway, I don't say that '...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 12, 2015 at 00:46

@Look009 That is correct Alex, but sometimes the warnings come too late, even on FPA... Unfortunately, well-designed broker Ponzi-schemes can go on for years. Nevertheless, screening by FPA (and by a Google 'scam' search) is a 'must' before signing up with any broker, and any red flags should be taken seriously.The safest is to use only mainstream and reputable brokers registered in highly regulated countries.

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 10, 2015 at 14:51

Thanks, Hiroo59.FPA is a good reference point, but unfortunately not fool-proof in this regard.Some brokers manage to hide their s**t for a long-long time. Like Bernie Madoff was able to cover up his multi-billion dollar Ponzi-scheme for many years.

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Jul 10, 2015 at 04:43

@Donex You are right: the 'dodgy point' is the broker.Over the past years there have been many 'phenomenal' verified performance results on MyFxBook, but - suspiciously - all of them running at less or non-reputable (i.e. non-mainstream) brokers.The problem with it is that some 'boiler room' brokers CREATE (i.e. make up) nice performance results just to recruit unsuspecting customers who can watch their PAPER PROFITS grow, until the broker falls off the Earth and gone with all the deposits (and paper profits). In other words: they run a Ponzi scheme, similarly to what B...

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