Professional4X's Posts - Page 20

My first EA i NEED HELP in Programming Jan 09, 2019 at 01:06

Provide screenshots with detailed notes for each one.Type up a text file or similar document and include a step by step breakdown of what you want to do.Also provide a step by step breakdown of each rule for your trading strategy, as well as all sub rules and caveats to those rules.Also include in the document a non-technical plain language explanation of what you expect the system to work.Basically provide as much specific detail about everything in regard to your strategy.

Algoritmus in Trading Systems Jan 08, 2019 at 19:04

Hello,Can you please open your history? I would like to analyze your closed trades against the Oanda (US Division) data feed historical data, to see if the system is valid and if it would be profitable for traders based in the United States.Thank you

Show your profitable account here. in General Jan 08, 2019 at 19:01

Can you please open your history? I would like to analyze your closed trades against the Oanda (US Division) data feed historical data, to see if the system is valid and if it would be profitable for traders based in the United States.Thank you

1K TO 1M CHALLENGE in Experienced Traders Jan 08, 2019 at 08:38

Very true, few people would have that kind of discipline to never withdraw from the account.Perhaps if the investor created multiple accounts, and designated one of them as the retirement account it might be easier.

1K TO 1M CHALLENGE in Experienced Traders Jan 07, 2019 at 10:01

Yes Exactly!A small account can grow to a very comfortable retirement account if properly managed.

1K TO 1M CHALLENGE in Experienced Traders Jan 06, 2019 at 23:33

I'm not going to say this is an impossible task, because there is of course a possibility that it could happen.For example: $1,000.00 US compounded at a 1.95% per daily trading, over a period of 360 trading days would yield $1,045,689.73, or if you were able to continue doing it for a period of 720 trading days, you would generate more than a billion dollars.https://www.myfxbook.com/files/Professional4X/1000.jpgTo actually accomplish this task though, is extremely difficult.Also... Good luck getting your brokerage to authorize a full billion dollar withdrawal from your account.

How you find Reliable Forex Experts? in General Jan 06, 2019 at 21:02

Don't believe the hype you see on any of "those" websites selling EA's promising you big returns and some other garbage.You have to ask yourself a simple question....If this EA is so awesome and will make MILLIONS of dollars as advertised, why are they selling it for $49.95?The answer is simple. The EA isn't going to make you millions of dollars. In fact, the people who are selling the EA are the ones making the money.There is no "secret" holy grail or some other "hidden secret EA" for trading.You just need to learn to properly trade, or build the auto...

90% are loser ..why ? in New Traders Jan 05, 2019 at 17:53

I agree. Proper money management is vital to the protection of ones investment capital, but a trader has to use a solid investment strategy. Money management should be considered just as vital to the long term success of investors as fundamental analysis and technical analysis.

90% are loser ..why ? in New Traders Jan 05, 2019 at 17:48

Are you following the rules of your trading strategy 100% of the time? Are you over trading? Are you trading too large of lots for your account size? etc, etc, etc.If you keep losing, then you need to determine the "why" you are losing.

90% are loser ..why ? in New Traders Jan 05, 2019 at 17:38

Properly developed automated systems adapt to changes in the markets.

STELZ 2.0 in Strategies Jan 02, 2019 at 18:31

Both of your accounts you have on your profile are DEMO accounts, and the stats page for this discussion is not from actual trading it is only from the strategy tester. https://www.myfxbook.com/files/Professional4X/demo_LN.jpgYou are selling your EA for $239.00 USD, so I would like to examine evidence that it will work on a reputable brokerage such as Oanda (US Division). The stats on this strategy page are impressive, but without actual evidence on a live account, I would be concerned about paying so much money for an EA without actual proof.Do you have a LIVE account with a US Based broker w...

Berndale Capital Securities in General Dec 31, 2018 at 06:36

I find it interesting that you would recommend an investor who possibly got defrauded to avoid speaking with an attorney.That alone is extremely unprofessional.Also, I'm not some "wannabe" with 10 years IB experience.I actually do know what I am talking about. But regardless of my actual 35+ years experience, my answer still remains the same.Contact the regulatory body and talk to an attorney.End of discussion.

Berndale Capital Securities in General Dec 31, 2018 at 01:42

The answer remains the same, they need to contact the regulatory agencies and hire an attorney.

Berndale Capital Securities in General Dec 31, 2018 at 00:56

There is a level Federal investigation taking place, and they have FROZEN the bank accounts and assets of the parties in question. https://asic.gov.au/about-asic/news-centre/find-a-media-release/2018-releases/18-390mr-asic-obtains-freezing-orders-against-berndale-capital-securities-and-stavro-d-amore/According to the information provided by the government, there appears to be a mismanagement of client funds.Again, please stop with any name calling and stick to only the facts that we know.

Berndale Capital Securities in General Dec 31, 2018 at 00:45

I could care less about you being an IB for 10 years now. That means little to nothing. Just about anyone can become an IB.In addition, this discussion has nothing to do with your history of being an IB , or whatever other nonsense you feel happens to be important yet entirely irrelevant to the discussion. Let's stick just the facts. I am curious however, did you have an IB agreement with Berndale? If so I can see why you would hold so tight to the fantasy of "feeling better" about this and all that nonsense.Also, I never said anything about the US, US Scenarios, or the applicati...

Berndale Capital Securities in General Dec 31, 2018 at 00:18

And the list goes on....ASIC did in fact state that the brokerage lost it's license for failing to provide their services in an honest manner.There is no scaremongering here, just the facts which you are opting to ignore.In addition if you google "berndale capital scam" you will see 11,400 search results, a large portion of these search results appear to be in regard to Berndale ignoring withdrawl requests from their clients and vast complaints that clients were being scammed out of their money.

Berndale Capital Securities in General Dec 30, 2018 at 23:46

They lost their license because they didn't have the financial ability to properly handle their clients needs.The didn't properly protect their clients money. Thus, good luck getting any money back from them.

100% profitable trades, just do it)) in Experienced Traders Dec 30, 2018 at 23:28

That's a nearly two year old video (2017) and Markets change on a daily basis. Also, you do not have any where near a 100% profitability rate.You are opening both buy and sell trades with increasing lot sizes.This appears to be nothing more than a grid system using increasing lot sizes (martingale) to try and make enough profit to cover your losing trades. It is a high risk strategy and is absolutely NOT a 100% profitable system.

Berndale Capital Securities in General Dec 30, 2018 at 22:21

As for what I said about the clients that got funds stolen by Madoff, that too is absolutely correct.Madoff still owes BILLIONS of dollars to the people he ripped off.As for actually recovering any funds that a specific client lost due to being defrauded by the now closed brokerage.The license was pulled and they were shut down because they mishandled the funds and didn't have adequate financials resources available. The most likely scenario is that the funds are gone and the client will probably be out the investment capital.

Berndale Capital Securities in General Dec 30, 2018 at 20:55

Consider how many people got their money back when Bernard L. Madoff Investment Securities defrauded their customers for somewhere between $20 billion and $65 billion (reports vary on final value of fraud claims). Overall around $11 billion was recovered via various means has been distributed to a portion of their investors, however most of their investors will never see their funds again.Contact the regulatory agency for the country in question and get an attorney.Pretty much all scenarios would indicate you are out of luck and your money is gone.

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