benbakhsh's Posts - Page 2

Million Dollar Pips (MDP) EURUSD license for sale for just 79$ in New Traders Jan 03, 2012 at 17:29

I tried MDP and didn't do so well... however it was in December - possibly the worse month to try it... theres just so many different people with so many varied results and so many different ways to set it up.... I think the fact that the MDP profile is demo only goes to show that it cant be so good... If I was selling an EA the least id have is 12 months REAL money results to back my claims up...Having said that I DO know a trader who has a real fund of over 100k and he quadroopled it in 4 months with MDP... no idea on settings though....Im currently testing FAP Turbo v52 - seems to be wo...

Scalper2011 EA (ONE TO AVOID) in Trading Systems Dec 15, 2011 at 10:19

BOOM! An EA NOT to use: Scalper2011

Scalping EA test in Trading Systems Dec 13, 2011 at 16:08

Hi there - Ok pretty much everything is public.The reason open trades are private is because lets say some people start following the accounts progress and start watching the activity and copying trades, IF their accounts get blown I'll be the one that gets hassle for it. Of course should somebody decides to make me offers 6 months down the line id be happy to share the open trades but for now ill keep those private

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 08, 2011 at 11:07

Interesting.. thanks for that - appreciate the help. Its nice to talk to somebody constructive LOL.

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 08, 2011 at 10:41

Thanks for the advise there - that's a really good idea.Well the client is a personal friend but we still signed agreements etc etc. Ok this is something I'll definitely look at. Thanks very much for the advise. Maybe I could open my own account from scratch with my next $500, then have my friend contact my broker to link the account im currently trading as an investment, so in theory id be the "Fund manager" for this BUT I can trade both accounts from 1 platform meaning ill be building up results on my own account which ill grow every month but at the same time ill be growin...

How do you know your a experienced trader? in New Traders Dec 08, 2011 at 10:35

Very true - taking responsibility for any outcome - its a must.

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 08, 2011 at 09:20

2 reasons really, although it is a small account, (Its a $500 micro right now), a) I've invested into this myself also and now own a large portion of the equity, in fact most of it. b) more importantly rather than take the easier route and just start a fresh account, I decided that if after a year I've managed to bring this to profit overall (it was at 79% drawdown when I started with this strategy) then this will be VERY good for the portfolio. So I guess a large reason I'm trading this account is for the personal achievement factor, and then Id hope that when this has happened Id...

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 07, 2011 at 21:45

Wow, well i apologise for getting that wrong, but can you please tell me why you feel you have the right to be offensive to other members when you dont even have a verified account on here?

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 07, 2011 at 21:09

Wow this is interest... ok i'll humour you (for the last time).... Before I start heres the 1st part youve just given yourself away on...... you say youre not advertising.... So whats this: mrWoland Nov 20 at 09:24If you guys are interested I can manage your accounts worry free with 100% money back guaranty.the managed account minimum deposit is $10kno front fees or management feesyou get 3% to 5% per year and you can sleep well at night and enjoy your life during the day without any stress and leave the trading with me.I've been trading for the last 20 years and I know how it's do...

How is my trading system, people? in New Traders Dec 07, 2011 at 14:10

It looks good Timmy but you need to verify the account for it to be credible (unverified accounts could easily have been manipulated)... if unsure of how to do this, let me know and ill link you to a vid i made explaining how to do it.Good Luck,Ben

Intellitrade - Acct Rescue started October 2011 (at -79% gain) in Trading Systems Dec 07, 2011 at 11:57

Hi there and welcome to my profile.The Intellitrade strategy was created and optimised over around 12 months on both real and demo accounts.The strategy was finalised in September 2011 and I started trading it on this account in October 2011. S0 far so good (16.5% Oct 10% Nov).Feel free to follow its progress, and happy trading!

Manual is best in New Traders Dec 07, 2011 at 11:48

I prefer manual trading but more so because I find it stressful using an EA - even though the coding looks great and a lot do make profit I just find it hard to trust a program with my money... Everybody is different... it does seem though that most EAs make some profits for a while and then crash and burn.... hmmmIm 50/50 on this...

How do you know your a experienced trader? in New Traders Dec 07, 2011 at 11:42

When you have made mistakes, maybe lost some $$ but have learned from each one and never repeated. Also when you can instantly take a trade that is within your strategy without hesitation or the worry of will this win or will it loose. Also if that trade looses and the next one after you can carry on consistently without becoming an emotional wreck... and of course make consistent profits.. while taking full responsability for any transactions, that is not blaming or resenting the market for any wins or losses... the market is indifferent about us so we should be indifferent about the market.T...

I'm new and somewhat lost in New Traders Dec 07, 2011 at 11:37

Hey there - good luck on your journy. I hope it works out for you. First thing id reccomend is reading the book Trading in the Zone by Mark Douglas.. Its fundamental and sill continues to help me when it comes to trading... Also as others said babypips.com is the best learning resource out there in my opinion... Open a demo account too so while you go through babypips you can actually put a working picture to what is being taught, then get used to the charts. I did this for 3 years before investing money.When it comes to trading as others said only invest what you can afford to loose and if yo...

Live account www.adry-fx.blogspot.com in Trading Systems Dec 07, 2011 at 11:14

LOL and a teddy bear saying "I love Pips"

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 07, 2011 at 10:42

Fxringleader - nice start to your account - its nice to see someone here who is trading an actual real account and has verified results. Fair play to you. Keep it up.mrWoland...... as I said before when you have some accounts showing that are real and verified and when the only acivity on your profile is no longer just slating other traders, feel free to come back.FYI Ive added investment to this account and am putting my money where my mouth is.I made almost 17% in October (Which is when I started trading my strategy on the account) and just over 10% in November.... so the account is slowly o...

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 06, 2011 at 08:51

Ps I agree that Demos are worthless in real time... to an extent - they mean sweet FA in terms of credibility but are useful when developing strategies. Youll notice that I dont bother with Demo accounts on here, and this is why - it does nothing for credability.

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 06, 2011 at 08:44

Mr Woland, After all of your advice I assumed you must be a very succesful trader, so I was disappointed to see that not only do you not have any accounts listed and verified with myfbook, your only activity here seems to be a) having a dig at other people here b) poaching for clients... Look myfxbook is a community not a witch hunt - Im telling it like it is and im publishing my results and verifying them - time will tell and soon enough youll see. Im well aware of the psychology of trading - I took the time to learn about this before even looking at a chart, im well aware people are differe...

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 05, 2011 at 21:29

Well thanks to the 1 on 1 training i've had for 3 years by a very successful trader who trades a $10million account, runs a mentor service, travels the world teaching people, has a published book, and is well respected in the real forex world.. thats not the case... i've been ready for some time. Just keep an eye on the results and they will prove themselves... Im not trading some rubbish EA (we all know EVERY single EA fails eventually) I trade a manual strategy I developed, I use both technical and fundamental analysis, and have several very strict entry and exit rules within my stra...

RESCUING ACCOUNTS IN DRAWDOWN in Experienced Traders Dec 05, 2011 at 17:33

Steve - sorry, I've been making a youtube video for some trading buddies Ive recommended myfxbook to - they were having trouble verifying so I made this for them today (http://www.youtube.com/watch?v=V1gsLujnJ2E) hence deleting the account - you can see for yourself... SO ill be verified again once myfx updates. Also NOTHING has changed in the account as you'll see - myfx includes all trades from the mt4 account. Sorry for any inconvenience this may have caused. Hi there Mr Woland - I'm in the third month of an Account Rescue which is linked and being verified within my profile - p...

EURUSD	1.0405	GBPUSD	1.2544	AUDUSD	0.6237
USDJPY	157.29	USDCAD	1.4366	USDCHF	0.8999

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