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Aplmustdie
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Forex.V7 Real
in
Trading Systems
Jul 22, 2013 at 17:53
Uh huh, equity down 20% . . . no risk there, Ha
siriusprosystems1
in
Trading Systems
Jul 21, 2013 at 14:17
I don't agree. While money management is required, it isn't the most important factor. Putting your blind faith in any bot, system, or signal provider is the biggest mistake anyone can do. Learn the markets you trade and manually intervene when you do not agree with what is happening. An example of this is what you reference. I was using Growth Bot, Invest Bot, Robin Vol, and Forex Fancy Bot, among others in March, April, May, when breakout bots took a dive. I made money specifically on these in all 3 months. They all had a tendency to go in profit before the reversal and a loss...
siriusprosystems1
in
Trading Systems
Jul 21, 2013 at 08:19
That maybe, but it shouldn't be considered a viable trading system. It is pure gambling. There is nothing to prevent losses happening back to back . . . just because it hasn't happened yet, doesn't mean it won't. Good Luck . . . c'mon 7
profit-forexsignal.com real
in
Trading Systems
Jul 21, 2013 at 07:15
Thanks for the link. It looks like I have nothing to apologize for. Keep in mind when a trade closes it indicates a balance. Equity on the other hand is an accounts running total. Equity is what you get if you close everything now, what you have left over. You cannot say you made a lot of pips unless the equity shows it as well. Otherwise, it is smoke and mirrors. This is why your "investors" do not allow you to show open trades. It makes their system look better than it really is.
profit-forexsignal.com real
in
Trading Systems
Jul 20, 2013 at 20:55
You opened one or more trades on July 18th that are currently in drawdown by 36%. Making all the stats private doesn't hide this fact. The only company secret this suggests is you are closing the winners and holding on to the losers. Correct me if I am wrong. Make everything public and prove me wrong . . . I'll then apologize.
Forex.V7 Real
in
Trading Systems
Jul 20, 2013 at 20:22
Apparently they don't like me trying to expose how risky their system is. I must have been pretty close to the mark to not even warrant a response. I received the following email:I've contacted the support team on simple trade about your spamming on our page.the section is meant for questions not harassing about how closed a trade without us and took a loss.On 2013-07-19 08:54, Jeff Anderson wrote:> Hi,> > After seeing how your system trades, I decided it is not for me. In > my opinion, it is just too risky. For one, you trade with no stop > loss.> That> is bad...
Forex.V7 Real
in
Trading Systems
Jul 20, 2013 at 17:38
Just a heads up guys, Read the system description carefully. I signed up for a trial and set the risk factor to 1. This system is definitely not for the faint of heart. (I didn't carefully read the description and comments). You can have up to 7 orders opened in the same direction. There are no stop losses, just t/p set. History has seen a drawdown of almost 25%. I had 4 trades open that were down about 3%. When they went positive, I close them with a profit. the official trades then tanked and are don even more. The average drawdown for these trades is 10%. Even with all the re...
profit-forexsignal.com real
in
Trading Systems
Jul 20, 2013 at 15:28
It looks like 3.16% since January with a drawdown of over 64%. Hiding losing open trades does not equate to making money.
profit-forexsignal.com real
in
Trading Systems
Jul 20, 2013 at 03:34
Boom
www.forexmanaged.biz
in
Trading Systems
Jul 19, 2013 at 17:47
If a drawdown of -1952.00 pips is a good week, I'd hate to see a bad one. I don't see a profit. Closed orders do not indicate a profit if the drawdown is more than twice your gains for the month.If someone has invested with you, which I seriously doubt, they are not good, but stupid investors.
www.forexmanaged.biz
in
Trading Systems
Jul 19, 2013 at 17:35
If you can't spend it, what good is it? And your Equity is only at 31.8 Million. This is a long way from 40 million. It looks like you can't even manage a demo account. You found the perfect strategy, don' t close any of the losers, that way your account only shows gains . . . at least until it gets margin call . . . . . . Oops.
Forex.V7 Real
in
Trading Systems
Jul 19, 2013 at 05:06
Just an observation, up to 7 trades are opened in the same direction, like a mini grid. There are no stop losses used. Then there is a wait to take profit. In the past, they have gone almost 25% drawdown. In my opinion, this is very risky and has an excellent potential to blow up an account. There is a reason the open trades are hidden.
FXNewsBot
in
Trading Systems
Jul 18, 2013 at 15:35
I see on their web site they were limiting the copies to 400. Was that the reason?
FXNewsBot
in
Trading Systems
Jul 17, 2013 at 19:30
That's where I went. They might be having trouble with their servers. I would give it some time and try again.
Forex.V7 Real
in
Trading Systems
Jul 17, 2013 at 19:27
This signal is available on Simple Trader, I just signed up. There is a 2 week trial period.
FX Growth Manager
in
Trading Systems
Jul 17, 2013 at 18:58
My trades didn't match until the last update, correcting the GMT problem. Now I am getting the same trades. I'm with FinFX. It won't do it automatically with my account, so I set it manually. Before that, it was trading off by 8 hours.
Forex Growth Bot
in
Trading Systems
Jul 17, 2013 at 14:05
Um . . . No. Statistically, risk is the same whether you enter at a high or a low. People have a tendency to look for patterns in things but looking at the math, your risk is the same. As we all know, past results do not indicate future results. Growth bot has had a large drawdown; it does not mean it will move into a profit before the next one. Past performance shows that a 68% drawdown is possible. What if instead of recovering, there is another 68% drawdown? Boom!!! If you must take the risk, wait until it climbs up to the channel (connect the lows and connect the highs) At least t...
FX Amplified - Nick's Account (ForexSignals.com
in
Trading Systems
Jul 16, 2013 at 15:53
Another wonderful trade . . .
www.forexmanaged.biz
in
Trading Systems
Jul 16, 2013 at 15:41
Ignorance is the power of his system.
www.forexmanaged.biz
in
Trading Systems
Jul 16, 2013 at 06:12
We've proved your trading style is impossible in the real world and can only exist in the Demo world several times. You are delusional Demo Tom.
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