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stevetrade
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SupremeFX
in
Trading Systems
Oct 01, 2010 at 07:05
Try Jade FX then
SupremeFX
in
Trading Systems
Sep 30, 2010 at 12:47
Is it an arbitrage EA then?
Account Management Program
in
Trading Systems
Sep 30, 2010 at 09:45
Completely disagree, you can have a system that only wins 10% of the time and be successful and you can have a system that is right 90% of the time that blows an account.It's the relationship between risk/reward ratios, success rate and money management that is important.
Maximum Difference between Equity and Growth
in
Suggestion Box
Sep 30, 2010 at 07:52
I realise you are still working on the equity curve to get more than just end of day figures on the charts.However, I think it would be useful if you could calculate out the maximum difference between equity and growth.Then could you add a filter for it on the system selection, so people would be able to filter out the systems that are massively into drawdown and also the systems that have at some point or other experienced massive drawdown at end of day?
crescendo
in
Trading Systems
Sep 30, 2010 at 07:30
Casey, my criticism comes from the fact that it uses a staking system that is dangerous.Any EA that uses a staking plan that adds to a losing position is just waiting for a black swan event to come along and wipe the account.Just like martingale EA's, these systems appear to have a nice steady upward equity curve that lures people in with the promise of a steady predictable return on their investment. However the problem is that all the equity drawdown gets saved up until the end when it sucks the account dry. They also reinforce bad trading habits. If you get used to the idea that it'...
FXOpen - USD
in
Trading Systems
Sep 30, 2010 at 07:18
Well spotted!
FXOpen - USD
in
Trading Systems
Sep 29, 2010 at 22:01
Why would anyone put $100,000 on a Martingale system. That's insane
crescendo
in
Trading Systems
Sep 29, 2010 at 19:49
This account hasn't been updated since September 26th.Attached an image of the open trades on this account at that date and the current state of affairs on Gbp/Jpy.It's currently about an extra 640 pips in drawdown from what it is currently showing. Unless it's closed them for a loss.There are some other posts on the site about Crescendo. You might want to go and read them.
Let's Gamble
in
Trading Systems
Sep 29, 2010 at 19:13
I think you're doing pretty well Kurak!
NightRide v2.26 - EURUSD
in
Strategies
Sep 29, 2010 at 14:36
True.You know I'm not even sure that existence is real anymore. Am I a man dreaming I'm a butterfly or a butterfly dreaming I'm a man. Who knows.
NightRide v2.26 - EURUSD
in
Strategies
Sep 29, 2010 at 14:23
Stephanus,I guess this is his live system herehttp://www.myfxbook.com/members/bcsendes/nightride-40/33066EurUsd currently 41% up since end of May this yearSo, looks like it isn't failing
Forex Crescendo
in
Trading Systems
Sep 29, 2010 at 10:50
From what I can tell Forex Crescendo opens up multiple positions as positions move into drawdown and then closes the basket of trades out once the basket has moved into profit. So fundamentally it's a loss chasing staking plan.In the same way as a martingale staking plan one day it might get caught out by a black swan event and you will lose everythingHere's the screen print from their website so you can see what I mean
EZG - live!
in
Trading Systems
Sep 29, 2010 at 09:08
He made his broker public and you accused him of being IBFX promoting themselves. Not sure what else he could make public to disprove this possibility.As I stated, I have been in touch with Jack and he allows his clients to use any MT4 account. Therefore he obviously isn't IBFX.As I said, if you did some due diligence first. i.e. by asking Jack some questions about his account then you could discount from your list of possible scams all the ones that don't fit and then you could accuse him of those.As it stands you approach is exactly what I would perceive as "The boy who cried wo...
EZG - live!
in
Trading Systems
Sep 29, 2010 at 08:42
Stephanus your posts always make interesting reading. However you're turning into the little boy who cried wolf.Not every account that is doing well is automatically created by the broker in order to attract clients. I've been in touch Jack and he manages accounts and he's happy for you to run on any MT4 broker. So, that debunks that theory.Maybe rather than just throw out your list of standard scams at people you could do some due diligence first. You know the old "Ask questions, shoot later" routine?On the issue of 70% success rate. I have a strategy on EurUsd that is o...
Community is getting a hiding!!
in
General
Sep 28, 2010 at 10:00
Maybe we're 2 million better off because the losing accounts have now been deleted Elkart 😁
Forex COMBO System OLD
in
Trading Systems
Sep 24, 2010 at 15:39
I have to say the fact that you don't even run it on a small account live kind of makes a mockery of your claim to have "10 Years proven forex profits"Where is the account with these 10 years of proven forex profits?Please don't tell me that your backtests are the proven profits.
FXtweet
in
Trading Systems
Sep 24, 2010 at 10:41
Looks nice.Yes it works.
Behemoth
in
Trading Systems
Sep 24, 2010 at 07:24
Hi Soeren,Yep, not sure what happened this week. Guess the markets have been choppy. It's a shame as well as it was really starting to do well. Hopefully it will just be a blip on chart and things will start picking up again.Steve
Strategy Tester results
in
Suggestion Box
Sep 23, 2010 at 12:42
It's alreday benn done lmstuff.Check out the strategies tab
myfxbook economic calendar...
in
General
Sep 23, 2010 at 09:26
Yep that's one of them
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