Babol Plan (By garfieldtrader)

Gain : +716.17%
Drawdown 32.94%
Pips: 794.0
Trades 82
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Automated

Babol Plan Discussion

Nov 09, 2010 at 15:18
4,670 Views
43 Replies
Member Since Feb 16, 2010   1332 posts
Nov 18, 2010 at 07:02
I was spammed by PM by this guy. Terrible EA, RR is 40:1. He offers managed account service. Wake up my friend, show some real money account when you try to catch real money traders.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Nov 09, 2010   42 posts
Nov 18, 2010 at 08:16
:(

Actly not spam ; like some prefer to spare some for some ;the .. not on any ..
Minimum $2000 ...
Trader's commission is 40% for account with up to $10K deposit

Danny
Member Since Oct 28, 2009   1435 posts
Nov 18, 2010 at 08:28
40:1 risk:reward is pretty poor though you have to admit and the position sizes are far too large for such a risk:reward ratio. You get one or two losses and you are going to be crying.
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.
Member Since Nov 09, 2010   42 posts
Nov 19, 2010 at 11:45 (edited Nov 19, 2010 at 11:52)
yes sometimes trading left huge minus floating but we guess that is better to wait unless to lost big balance by 2-4 loss trade that will push to trade harder with lower margin..
our strategy is to pool profit by closing short trade ; low pips target but stable return

please compare 40:1 with lower yield but returns poor trade by unstable strategy...

 
Member Since Jul 29, 2010   53 posts
Nov 19, 2010 at 12:08 (edited Nov 19, 2010 at 12:10)
garfieldtrader posted:
    yes sometimes trading left huge minus floating but we guess that is better to wait unless to lost big balance by 2-4 loss trade that will push to trade harder with lower margin..
our strategy is to pool profit by closing short trade ; low pips target but stable return

please compare 40:1 with lower yield but returns poor trade by unstable strategy...

Current open trade is 5.71 lots, a single 400 pips stop loss will wipe the whole account. I wouldn't call that stable strategy.
Stable strategy should withstand series of stop losses and still maintain healthy equity and margin condition.
I need your money to buy more drinks and women. Secure investment.
Member Since Nov 09, 2010   42 posts
Nov 19, 2010 at 12:53
20:1 /10:1 yield SL will left margin molesful to maintain ..
Member Since Jul 29, 2010   53 posts
Nov 22, 2010 at 13:04
It's very convenient to stop updating when you're in a huge floating DD.
I need your money to buy more drinks and women. Secure investment.
Member Since Jul 29, 2010   53 posts
Nov 23, 2010 at 14:18
260 pips floating loss * 6.11 lots = ~16k floating loss = ~65% floating DD.
Great results, no doubt. Why don't you update the system?
I need your money to buy more drinks and women. Secure investment.
Member Since Jul 29, 2010   53 posts
Nov 23, 2010 at 16:17
340 pips floating loss * 6.11 lots = ~21k floating loss = ~84% floating DD. I think there's margin call on this system.
I need your money to buy more drinks and women. Secure investment.
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Nov 24, 2010 at 00:52
It's only monopoly money. No real pain.
Member Since Jul 29, 2010   53 posts
Nov 24, 2010 at 07:41

Patience posted:
    It's only monopoly money. No real pain.

Yes but this guy wants to manage accounts with this funny EA and that's a problem, real problem.
I need your money to buy more drinks and women. Secure investment.
Member Since Mar 07, 2010   257 posts
Nov 24, 2010 at 16:56
well he had a good long streak ... I think over 77 trades closed with 10 pip TP
Member Since Jul 15, 2010   15 posts
Nov 24, 2010 at 17:20

duzyfx posted:
    well he had a good long streak ... I think over 77 trades closed with 10 pip TP

And a single stop loss takes it all.
Member Since Jul 08, 2010   8 posts
Nov 26, 2010 at 13:04
Maybe he should prove people wrong by starting with just $100 of real money, then trade it for 1 month, he can't say he has no $100 to spare for his own system.
Make money when due, take a rest when due.
Member Since Nov 09, 2010   42 posts
Nov 27, 2010 at 07:10
babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested
Member Since Jul 29, 2010   53 posts
Nov 27, 2010 at 08:56 (edited Nov 27, 2010 at 08:56)
garfieldtrader posted:
    babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested


Come ooon, don't make me laugh.
If you update the account we'll see it's blown, I know your last trade and it was long eurusd @ 1.3730 with 400 pips SL and 6.11 lots. A simple math.

WHY DON'T YOU JUST UPDATE THE SYSTEM?
I need your money to buy more drinks and women. Secure investment.
Member Since Nov 09, 2010   42 posts
Nov 27, 2010 at 09:07 (edited Nov 27, 2010 at 09:07)
ecnscammer posted:
    
garfieldtrader posted:
    babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested


Come ooon, don't make me laugh.
If you update the account we'll see it's blown, I know your last trade and it was long eurusd @ 1.3730 with 400 pips SL and 6.11 lots. A simple math.

WHY DON'T YOU JUST UPDATE THE SYSTEM?

project completed
result : STABLE

please register a new real acc from https://bit.ly/8XarHs for live strategy testing with this EA
confirm us after acc is funded (your acc number)
we will send EA pack
plug the script into EXPERT FOLDER , attach to all PREFERRED chart and KLIK EA BUTTON to run GREEN

publish the LIVE STRATEGY TESTING STATEMENT from very beginning days
to shows all members that this Babol EA IS to differ...

please use own strategy/preset depending on BALANCE MARGIN for everyone trying this EA on trading


greet,
danny panilla
cutie ea vagabond

Member Since Jul 29, 2010   53 posts
Nov 27, 2010 at 09:51

project completed
result: ACCOUNT BLOWN

Please update the account so everybody could see it's blown. But does it matter, the whole thing is that people should open account through your Insta IB link?
I need your money to buy more drinks and women. Secure investment.
Member Since Nov 18, 2009   735 posts
Nov 27, 2010 at 10:31
Blow my mind ... no, blow my ... account 😀😁



You got that wrong Jim. It's not blown. 'It's in recovery phase. Part of the experiment.'

https://www.myfxbook.com/community/trading-systems/fmc-live/7582,1
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Jul 29, 2010   53 posts
Nov 27, 2010 at 10:49
Yeah, recovery from margin call.😁😁😁😁😁😁😁😁😁😁
I need your money to buy more drinks and women. Secure investment.
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