Contest - mirusevxs33 (By mirusevxs33)
| Gain : | +0.0% |
| Drawdown | 24.25% |
| Pips: | 2191.4 |
| Trades | 312 |
| Won: |
|
| Lost: |
|
| Type: | Demo |
| Leverage: | 1:100 |
| Trading: | Automated |
Contest - mirusevxs33 Discussion
Sep 05, 2011 at 19:05
Great scalping! this is the best result for a scalper I have ever come across. But I m afraid if this bot can trade smoothly in Live trading environment. Yes I m referring to slippage and other tools of brokers for restricting such great scalping strategies. Have you traded it live as yet? Wish you best of luck do let me know if this bot of yours is for sale or rental. Thank you!
Member Since Apr 22, 2010
123 posts
Sep 05, 2011 at 19:57
ijkuwari posted:
Great results so far. I like the duration of your trades. Is it fully automated?
i did forgot abt the contest, ran it 15 hours later :)
Member Since Apr 22, 2010
123 posts
Sep 05, 2011 at 19:58
Awan posted:there are zillions of brokers around...
Great scalping! this is the best result for a scalper I have ever come across. But I m afraid if this bot can trade smoothly in Live trading environment. Yes I m referring to slippage and other tools of brokers for restricting such great scalping strategies. Have you traded it live as yet? Wish you best of luck do let me know if this bot of yours is for sale or rental. Thank you!
yes, it is running live on few accs
Thanks! Wish you the same!
:)
Member Since Apr 22, 2010
123 posts
Sep 05, 2011 at 20:15
sorry, no way
Sep 05, 2011 at 20:18
You are price delay (lag) trading. This type of trading is predatory and hurts brokers who provide market making services (have dealing desks.)
Put simply, if the broker's price feed is delayed and there's a difference between actual market price and the price feed, you are exploiting this delay (lag) for profit at the broker's expense. The broker can't hedge your position when they take the other side and is left with the price difference as a loss.
This is why your duration is measured in seconds.. this isn't scalping..
This type of trading does not work on an ECN or STP type broker.
During the last two contests, the few people who tried this were disqualified.
In the real world, live accounts get shut down for this. When you're found out, your initial deposit is returned to you (if you're lucky) and you are unable to take out any profits. Any broker who pays out profits on this type of trading will soon be out of business.
Honestly, it's trash like you that makes these contests annoying to spectate. Do you realize what message you're sending to new traders who see your stats?
Pathetic.
Put simply, if the broker's price feed is delayed and there's a difference between actual market price and the price feed, you are exploiting this delay (lag) for profit at the broker's expense. The broker can't hedge your position when they take the other side and is left with the price difference as a loss.
This is why your duration is measured in seconds.. this isn't scalping..
This type of trading does not work on an ECN or STP type broker.
During the last two contests, the few people who tried this were disqualified.
In the real world, live accounts get shut down for this. When you're found out, your initial deposit is returned to you (if you're lucky) and you are unable to take out any profits. Any broker who pays out profits on this type of trading will soon be out of business.
Honestly, it's trash like you that makes these contests annoying to spectate. Do you realize what message you're sending to new traders who see your stats?
Pathetic.
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
Sep 05, 2011 at 20:20
ijkuwari posted:
Is it possible to share your EA? I really hope that you will agree to do so. It is just great results with excellent trades durations.
You don't want it. No broker will pay you out for profits generated from this type of trading.
Take a moment to think about what's making you too greedy to realize this type of trading is too good to be true.
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
Member Since Apr 22, 2010
123 posts
Sep 05, 2011 at 20:28
:) relax
can you guarantee that you wrote here?
can you guarantee that you wrote here?
Member Since Apr 22, 2010
123 posts
Sep 05, 2011 at 20:32
Marty, just getting quick look at your posts... you are never pleased and always looking for conspiracy....
met so many ppl like you, so pls... relax :)
met so many ppl like you, so pls... relax :)
Sep 05, 2011 at 20:40
mirusevxs33 posted:
Marty, just getting quick look at your posts... you are never pleased and always looking for conspiracy....
met so many ppl like you, so pls... relax :)
That's a pretty common tactic. Try to discredit someone when you can't defend yourself.
Whatever dude, I'm done with this.
At least you haven't tried to lie about it.... you aren't saying my accusation isn't true, you're just deflecting. So I respect that you haven't' tried to lie about it.
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
Sep 05, 2011 at 20:42
I also invite everyone else to look through my comment history.. there's no conspiracy talk.. however, you will find that I'm well aware of market structure and regulations within the forex world. Think about that.
Never trade for the sake of trading. Instead, wait for the trades where you have a clear advantage and exploit it.
forex_trader_43716
Member Since Aug 06, 2011
345 posts
Sep 06, 2011 at 00:03
Doesn't take long for the knives to come out in a competition!
Member Since Apr 22, 2010
123 posts
Sep 06, 2011 at 04:11
sharpforex posted:
Doesn't take long for the knives to come out in a competition!
Sharp, you are right :)
Sep 06, 2011 at 06:41
ijkuwari
Member Since Oct 05, 2009 4 posts ijkuwari 3 Hours ago
Is it possible to share your EA? I really hope that you will agree to do so. It is just great results with excellent trades durations.
~ ~ ~ lol ~ ~ ~ lol ~ ~ ~ lol ~ ~ ~ lol ~ ~ ~
Member Since Oct 05, 2009 4 posts ijkuwari 3 Hours ago
Is it possible to share your EA? I really hope that you will agree to do so. It is just great results with excellent trades durations.
~ ~ ~ lol ~ ~ ~ lol ~ ~ ~ lol ~ ~ ~ lol ~ ~ ~
Member Since Apr 07, 2011
72 posts
Sep 06, 2011 at 08:59
Give him a break for crying out loud.... We`re all aware of the longevity of his trading style in the real world and whether or not this can stand up if he wins this contest.... Time will only tell. Until then, good luck, have fun and overall so far some fantastic results, despite the fact in a realistic environment you probably wouldnt receive a dime :)
"Taking responsibility is the cornerstone to a winning attitude"
forex_trader_32776
Member Since Mar 28, 2011
1008 posts
Sep 06, 2011 at 15:29
Can you slow down a little?
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Sep 06, 2011 at 17:47
I was about to ask how do you ever take the time to poop....then I saw it's Automated 😁
