pipscalper71's Posts - Page 7

high return in Trading Systems Jan 15, 2019 at 14:58

It looks like your EA opens 50-60 trades pretty much all at the same time, and your DD at 45% is very high. You might do over 1000% per month but at a very high risk and DD, and thats based on a lot size of 0.01 lots. I could never understand the logic behind opening a whole bunch of trades all at the same price point, but when you have 50-60 open trades and the market goes against you will blow the account. Signal start might be a good idea because clients will be able to regulate the number of open trades, thereby controlling the risk.

Breakout Scalper Pro v 6.03 in Trading Systems Jan 13, 2019 at 07:21

Why are you running it on a demo account as everyone here knows thats a waste of time, do you have results for your live account that you can show us ??Your DD is very high at 41%, and you can see that on the equity curve very clearly with huge drops. Your results are great but once again because your average trade duration is really low, your demo account results are not an accurate representation of what the EA will do on a real live account.

Show your profitable account here. in General Jan 11, 2019 at 07:00

First of all nice results, why is your MQL5 signal disabled ?? Can you open your history so we can see all the closed trades please ?? It looks to me that you carry multiple trades for many days or weeks, so is it Martingale or grid by any chance ??

Kinki_Compound in Trading Systems Jan 02, 2019 at 09:42

This is another high risk Martingale system with huge draw down. Your equity on Nov 29 went from 605% down to 196%, which is a 67% open trade draw down. My Fx Book does not measure open trade draw down accurately, and thats why you are not seeing a 67% draw down, and thats why the equity curve shows that very clearly when you look at the equity graph chart.

AFG HAMSTER SCALPING TREND TURBO in Trading Systems Jan 02, 2019 at 09:40

Another dangerous high risk Martingale strategy that will eventually blow up this account.

Signal 903 in Trading Systems Dec 20, 2018 at 14:55

Well his DD already it 50%, and when that happens you can expect a much higher DD and thats more than likely what happened. I looked at his other Precision account and he is trading the Hamster EA and charging $40 per month for the signal, when you can just go buy the EA for $99 bucks and trade it yourself.

Show your profitable account here. in General Dec 19, 2018 at 08:55

In less than one week, he went from a reasonable DD to a very dangerous DD at 50%. So no matter what kind of great results any system shows, when the DD gets too high, it becomes a very high risk signal where you can lose a lot of money.

Steady Profit 20 Percent Monthly in Trading Systems Dec 18, 2018 at 07:20

Dont get to excited everyone, this is the Hamster EA that you can buy on MQL5 for $99 bucks and works great, but is a high risk EA. He has some manual trades thrown in but all the trade between 01:00 - 03:00 are from the Hamster EA. Its actually surprising that his DD is not higher than 25%, but his one big losing trade on Nov 9 is what caused that DD, however no one else was trading the Hamster EA that day which was a Friday because of certain news, and was deemed a risky day.

Mt4-7994720 in Trading Systems Dec 09, 2018 at 07:21

Your results for 4 days is outstanding, however its on a demo account which is not so good. I am not sure what your goal is here, to do managed accounts or sell this EA, or signal service, but either way you need to show everyone live account results. You hold trades open for days which creates a lot of exposure and risk, with possibly with large open trade draw down. So now you have 6 open trades at 4.0 full lots on a $7200 balance, thats very high risk. If there was some news and price moved 100-200 pips in the wrong direction, you will have big losses. My suggestion is to scale back on the ...

The Orient Cap in Trading Systems Dec 02, 2018 at 07:59

You must have just set it up on MQL5 because you have zero subscribers. You seem to be running 1:200 leverage, but yet you had a trade on Oil on Nov 21 at 20 full lots with the balance at just over $6k, how is that possible as there would not have been enough margin sir ?? Your results look pretty good after 3 months of trading, but time will tell how you do in the long run.

Algoritmus in Trading Systems Nov 14, 2018 at 07:39

You had an open trade DD of -450 pips on March 27 for such a small account, thats huge DD. This is the problem with My Fx Book and even Meta Trader, the open trader DD is not calculated properly and not accurate at all.So when someone looks at your account today, they will see a close trade DD of 12%, but in reality its probably a Martingale and very risky, and thats why the trade history is private.

Show your profitable account here. in General Nov 13, 2018 at 07:37

The whole idea of this thread was so that anyone who posted there account links, did so based on following the set of rules that was implemented at the start of the thread.Now it seems that most of the people posting dont have a clue, or never read the rules to begin with. I would be embarrassed to post a system that has a DD of 90%, and would probably never post it anywhere regardless.

Show your profitable account here. in General Oct 26, 2018 at 09:19

Sorry to disappoint you but there is 2 aspects to a Martingale style of trading. One is an increase in lot size per trade which is usually double of the previous trade, but that is not happening here. Number 2 is trading against the trend which he does, but he does not open more than 2 trades per pair at anyone time. Based on his results, draw down and winning percentage I would say that he has things under control so far. When you keep the max trades per pair to 2, even though the second trade may be against the trend and no increase in lot size, it would be much harder to blow an account wi...

Show your profitable account here. in General Oct 26, 2018 at 08:54

Your trading results are outstanding sir, keep up the great trading and show everyone how its done !!

Show your profitable account here. in General Sep 30, 2018 at 07:01

I can guarantee you that My Fx Book and even Meta Trader do not show the correct open trade draw down. The closed trade DD is fairly accurate but the open trade draw down is not even close. Last year I was running a $10k live account and ended up with a -$3500 floating loss (35% open trade draw down) at one point, and My Fx Book only showed 18% DD. For myself closed trade DD is very important, but most people seem to ignore open trade DD which to me is even more important for blowing up any account.That back test above does not show modelling quality, it only shows history quality which is not...

Hamster High DD in Trading Systems Sep 30, 2018 at 06:20

Like I already said yesterday with GU being a high risk, there she goes from almost 12,000% up down to pretty much original deposit. But Eleni's EU account is doing fine.

Hamster High DD in Trading Systems Sep 28, 2018 at 05:42

The problem is that the results are great except for the draw down, which is far too high and risky, and with Brexit still not settled yet, it makes the GU a very high risk as well.

TimerScalper in Trading Systems Sep 23, 2018 at 06:52

Why is anyone interested in an EA that has a whopping 74% draw down, unbelievable. The equity curve went from +46,000 on July 6 down to 13,000 on Aug 20, and this is why he has the trade history private so no one can see the over leveraged trades. The EA only made 250 pips per month, so the trade size to get this kind of return would have had to be leveraged to the max with hundreds of lots and very high risk.

EKLATANT USD DEMO in Trading Systems Sep 10, 2018 at 20:52

What difference does it make if it has a trend filter, its still Martingale. Martingale is a trading system that buys or sells against the prevailing trend, and increases lot sizes with each new trade. Plus the fact that these so called results are on a demo account are which are meaningless.

EKLATANT USD DEMO in Trading Systems Sep 09, 2018 at 06:32

Everyone should be aware that this is a demo account, plus its pure martingale strategy with high draw down.

EURUSD	1.05383	GBPUSD	1.26305	AUDUSD	0.64678
USDJPY	154.504	USDCAD	1.40829	USDCHF	0.88754

Posts by pipscalper71