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FxMasterGuru
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Looking for an PAMM Partner
in
Pieredzējuši treideri
Feb 19, 2013 at 11:28
Well, no more comments. "TheDoctor" has already detailed above what I might have added.
Looking for an PAMM Partner
in
Pieredzējuši treideri
Feb 19, 2013 at 10:16
I like your idea, but I very dislike this "fishy" part: "Please note that the trial costs $400 that is required as a deposit that you will be given to trade with. If you fail the trial, the account will be terminated and the remaining money will go to FOREX MONEY MAKING."Why do you need additional proof plus 400 USD when MyFxBook is the GOLD STANDARD of account verification...??? Let me guess: so you can make money off failed aspiring PAMM traders. And you decide when they fail. Sounds like "Wolf eats wolf"...Too "fishy" for me...
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 19, 2013 at 10:07
Yes, MM is as important as the strategy itself. My current EA is a result of 4 years's of trial-error (mostly error) and hundreds of hours of screen-time of two traders and a talented programmer. I suggest reading Malcolm Gladwell"s bestseller book, the "Outliers", which explains the "secret" behind all major achievements. (You will be surprised...)
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 19, 2013 at 10:02
Yes, your observation is absolutely correct. The MM applied helps to reduce the neagtive effect of the losing streaks and enhance the postive effect of the winning streaks. In additon, I am also feeding my account on a regular basis (which is the reason why the absolute gain is less than the calculated Gain%).
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 18, 2013 at 21:30
Safe 4% per month is probably possible by a well-built EA or a very-very disciplined trader. Considering that only the best hedge funds can produce stable(!) 30-40% per year, stable 4% per month would actually outperform these hedge funds.Although currently I am targeting 6-10% per month, with larger capital a stable 4-5% profit per month is what I also strive for (http://www.myfxbook.com/members/FxMasterGuru/morningstar-i/407015).
Custom made EA (not for sale) is looking for Investors
in
Pieredzējuši treideri
Feb 18, 2013 at 12:56
Sure, will keep an eye on it. You might want to consider using a TradeCopier EA service in the future for interested subscribers as many traders are not too enthusiastic about PAMMs, MAMMs, etc...
Custom made EA (not for sale) is looking for Investors
in
Pieredzējuši treideri
Feb 18, 2013 at 11:50
Currently all the live accounts are in loss after 5 weeks... A strategy should have at least 4-6 months of stable profitability before looking for investors...
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 18, 2013 at 10:42
Actually you have stated the truth, OptimoFx. It is absolutely correct that your lots AND balance determine the risk, which is - SURPRISE! - the leverage itself, as leverage is the ratio of the traded lots and the balance behind it.I was referring to this - leverage related - risk as "EXTRINSIC risk", BECAUSE each and every trader using the same exact EA with the same exact parameters, but using different leverages would have different % loss and gain (depending on the leverage ratios).Of course, the mentioned SL (as the 3rd risk factor) is another important component of the general ...
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 17, 2013 at 20:37
I disagree with you OptimoFx. If you trade more lots with the same capital (i.e. you are using higher leverage) then your PERCENTAGE risk goes up. For example: the Master Account uses 1 minilot per 1000 USD, so 20 pips loss means approx. 2% loss on EUR/USD. Should we trade 2 minilots per 1000 USD, then the same exact 20 pips loss would result in 4% loss. In other words doubling the leverage would double the PERCENTAGE risk of the same 20 pips loss.The absolute (intrinsic) risk of the strategy is reflected by the average loss, max. loss and max. DD. This strategy's stop loss is a dynamic an...
"Journey $ 1000 to $ 1 million!"
in
Pieredzējuši treideri
Feb 17, 2013 at 20:09
"SHOW ME THE MONEY!..." 😄
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 15, 2013 at 19:39
Your response makes no clear distinction between ABSOLUTE (INTRINSIC) and RELATIVE (EXTRINSIC) risks, and without this distinction I understand that my previous statement might be confusing.The ABSOLUTE RISK can be determined best by the average loss per trade (in pips) and the historically worst loss (in pips). In other words what to expect in regards to PIP losses (average and worst). This ABSOLUTE risk is determined by the interaction of the algorithm and the market. Since these "risk values" are in the MyFxBook's statistics, I don't need to comment on them.What I was refe...
Avalanche-Scalper.
in
Tirdzniecības sistēmas
Feb 15, 2013 at 17:21
We will not see it. At least he has some fun... 😄
Avalanche-Scalper.
in
Tirdzniecības sistēmas
Feb 15, 2013 at 15:40
Where is the LIVE account...?? I guess nowhere, as scalper strategies work only in demo mode. Prove me wrong.
"Journey $ 1000 to $ 1 million!"
in
Pieredzējuši treideri
Feb 15, 2013 at 10:04
No one ever said it is easy to be a KAMIKAZE pilot...
I want only a safe 4% each month... Which EA?? Thank you
in
Pieredzējuši treideri
Feb 14, 2013 at 13:18
Thanks! This EA is not sold (and will not be sold) anywhere.Risk setting parameters are actually the leverages which are used. MS I uses a 1:10 leverage, while MS II uses a 1:7 leverage. We consider using higher than 1:10 leverage too risky with any kind of Fx strategy.
Gold Miner
in
Tirdzniecības sistēmas
Feb 14, 2013 at 13:13
Is it good or bad...? 😀
Avalanche-Scalper.
in
Tirdzniecības sistēmas
Feb 14, 2013 at 13:00
Then why not opening a live account and showing the scalper's live results to the public...???
OrangeForex
in
Tirdzniecības sistēmas
Feb 14, 2013 at 12:57
Yep, -76% DD is really "great". The "best"... You must be joking or you have a stake in this strategy... 😉
"Journey $ 1000 to $ 1 million!"
in
Pieredzējuši treideri
Feb 14, 2013 at 08:41
Well, before you (or anybody else) devote too much precious time (and money) to make 100.000%(!) profit within less than a year, please read these blogs first...http://www.myfxbook.com/community/experienced-traders/i-want-only-safe-4/437746,15http://www.myfxbook.com/community/general/can-you-consistently-make-profit/489178,6http://www.myfxbook.com/community/experienced-traders/5-average-monthly-profit-for/494885,3http://www.myfxbook.com/community/experienced-traders/truth-about-trading-money-managers/493078,1
5% average monthly profit for at least 2 years (with less than 25% max. DD)
in
Pieredzējuši treideri
Feb 14, 2013 at 08:29
I have just noticed that Kangaroo is not available any longer...
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