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I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Mar 07, 2013 at 20:56
Well, drawdown is too large for any serious investment. No big investor would consider investing in a strategy with higher than 10% DD. It is a simple fact. On the other hand, if you decided to run your strategy with significantly lower leverage, then it might be interesting.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Mar 07, 2013 at 20:47
Come on! Another DEMO account showing fantastic profits and claiming "big investments".If you don't trust your own strategy to run it on 100 USD real money, why are trying to recruit people...? Probably we all know the reason very well...If you want credibility, invest a few hundred or better: a few thousand dollars of your own REAL money and THEN show the world what your strategy is capable of. Until then it smells like SCAM.
Alpscalp
in
Trading Systems
Mar 07, 2013 at 19:17
I wonder why there have been no trades for the past week. It is very unusual from a scalping system.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Mar 01, 2013 at 17:06
Nice start, Owen! Good monthly profit with acceptable DD.I have been through my "nerves" period and numerous trading psychology books. Eventually I settled working with just EAs. No emotions, no anxiety and much more free time.
BMMAX PVY
in
Trading Systems
Mar 01, 2013 at 09:59
Good observation. If such an excellent scalping opportunity really existed, nobody would sell it, but become a Billionaire from it within a few years.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 28, 2013 at 21:58
Results look good, on the other hand, the pretty steep 40% management fee (+ income taxes) don't not leave much money left for your clients. Considering the average 4% monthly profit, your clients would pocket only about 1.6% per month, i.e. about 19% per year.Although 19% profit per year is not bad, in "Forex-scales" it is "small change". Just to support my statement with a real example, my EA makes 19% in less than 2 months: http://www.myfxbook.com/members/FxMasterGuru/morningstar-i/407015.
BMMAX PVY
in
Trading Systems
Feb 28, 2013 at 16:41
It is not necessarily fake, but on a REAL account the EA would face REAL LIFE market situations, i.e. slippage and delayed executions (on both sides of the trade) which would kill such a scalper EA. That is why nobody should publish DEMO results, especially about scalpers. These results are misleading and do not reflect reality, which is why the developer does not run it on a REAL account.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 28, 2013 at 16:34
I would like to see this performance page in about 6 months. As a Martingale strategy it would be very unusual to last that long or have less than 50% DD, but hey, each EA deserves a fighting chance.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 28, 2013 at 13:45
SHOW ME THE MONEY! (Verified and real account with a regulated broker, PLEASE!)"Met the broker" and "seen live account", well, just does not cut it as "VERIFIED" on MyFxBook. In the pub with your mates, MAYBE.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 28, 2013 at 11:17
Please forgive my pessimism, but where is the proof that those results of vtronforex are real...? Anybody can create good-looking websites and add real-sounding "performance pages". Until the claimed performance is verified by MyFxBook on a real account and at a regulated broker, those results COULD be a part of a well-built scam and therefore, they have no credibility at all.SHOW ME THE MONEY ON MYFXBOOK!
SinperPips
in
Signal Providers
Feb 28, 2013 at 09:55
And PLEASE do not ridicule yourself and your "service" starting a DEMO ACCOUNT as a "proof" of performance and adding it to your website...! It is anything but proof. MyFxBook is full of DEMO Heroes and DEMO Millionaires...Have the guts to put at least 100 REAL US dollars on an account to show the world what you can do with your own real money before getting other people (mainly naive noobs) to risk their own REAL money. Makes sense, doesn't it...??
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 28, 2013 at 09:39
Sure... 😁 We will be watching you!! 😲
SinperPips
in
Signal Providers
Feb 28, 2013 at 09:38
Another good question: If everything is so "rosy", why does your service get only 5/10 score (profitability, pricing, customer service) from 6 MyFxbook reviewers?
SinperPips
in
Signal Providers
Feb 28, 2013 at 07:12
Sorry, it is not a good answer. All the reviewers here or on Facebook COULD be just you with different logins... Unfortunately it is possible.Again: Why is it so hard to publish a verified real account on MyFxBook...??
Alpscalp
in
Trading Systems
Feb 28, 2013 at 07:06
Also, I have to add that it is very ambitious starting a trading service with less than a week of verified real account performance.I would say that even with 3 months of verified profitable performance it would be ambitious. The Forex field is full of skeletons of strategies and EAs which blew accounts even after 6 months(!) of stable profits. Personally I have seen too many...Nevertheless, it is a good start and I wish you all the best to beat the odds.
Alpscalp
in
Trading Systems
Feb 28, 2013 at 06:52
Yes, a strategy's evaluation is about gain, DD, etc... Statistically. But not psychologically.An example: One could trade a showcase strategy to sell to some naive noobs with hidden 50 USD margin and 1:500 leverage, and would not care if the account would blow within 2 months. The same person would not be so careless with 20k USD.Another example: One could trade a 100 USD account rationally, with "cool head" and with success. Once you give this person 1 million USD to trade, he would not be able to replicate the same success. 5% drawdown would not be 5 USD anymore, but 50k USD. B...
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 27, 2013 at 19:18
I have to agree with the good Doctor again. Some of those spectacular "real" account results are the creations of UNREGULATED brokers. So a legit account would be considered to be hosted by a well-known and respected REGULATED broker. I am still about to see the first one.
SinperPips
in
Signal Providers
Feb 27, 2013 at 16:44
It would be nice to prove it by a Verified Real account. Any webdesigner can create an excellent "Performance Page".
Alpscalp
in
Trading Systems
Feb 27, 2013 at 16:15
It would be interesting to see the money invested. It would show your confidence in your own strategy.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Feb 27, 2013 at 15:48
The world is full of DEMO and BACKTEST Forex millionaires... 😀
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