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Posts by forex_trader_7
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If the open trades are locked...
in
General
Dec 26, 2009 at 08:59
My point is basically this. If it's scalping system (spot the small tp's) it's not realistic to run it successfully live. In fact the brokers will flag your account most probably and if I can quote a a friend who used to work back office and now owns a brokerage "make it very difficult for you". Any MT broker can add volatility to your feed at will.If it's a fat tail system (spot the locked open trades) it's not long term sustainable as pointed out above. Avoid systems that rely on these concepts and avoid people that try and sell you these type systems. Especiall...
If the open trades are locked...
in
General
Dec 26, 2009 at 08:46
The concept is well known to not work. It's called the fat tail of distribution: Here's an exert and a link:"Applications in economicsIn finance, fat tails are considered undesirable because of the additional risk they imply. For example, an investment strategy may have an expected return, after one year, that is five times its standard deviation. Assuming a normal distribution, the likelihood of its failure (negative return) is less than one in a million; in practice, it may be higher. Normal distributions that emerge in finance generally do so because the factors influencing an ...
If the open trades are locked...
in
General
Dec 26, 2009 at 07:56
Then the real story is being hidden. I suggest ignoring those systems. Don't even post in their threads. By doing so we're lending credibility to systems where the author doesn't understand the forex market and the build up in trades will cause the system to fail in due course. If I see an interesting system and the open trades history is locked I dismiss instantly. Not worth looking at. Until fxbook brings in the equity graphs you can't tell what's going. It's no coincidence that the majority of the best performing systems here have theirs locked.Those type of systems...
fionas sofa
in
Trading Systems
Dec 26, 2009 at 07:36
Any while I'm at it, why are your open trades locked? What are you hiding behind all those nice graphs?
fionas sofa
in
Trading Systems
Dec 26, 2009 at 07:26
PC8,You seem to missing the point of the website. It's not only for people who can trade, but also for those who can't and are looking for those who can. Nothing wrong with that. Not everyone wants to sit there for years trying to figure out forex. Quite acceptable to pay someone else to do it for you.Because of all the bullshit systems here I think the latter half of the equation are getting rather frustrated. I'm not even looking and I'm frustrated. People who hold up the bullshit systems should expect to get ragged. Those looking are tired of all the dishonesty. I know I am....
Which broker could You offer?
in
General
Dec 26, 2009 at 04:56
GannetI'd stick with IBFX and Oanda. If you're UK you might consider ABN Amro. They use Oanda platform, just a heck of a lot more things to trade.
Dragon EA
in
Trading Systems
Dec 23, 2009 at 13:28
Well, I'm not sure if the link will work, but I reckon Birt got it down.http://www.myfxbook.com/community/trading-systems/1k-over-1-billion-less/11371#?pt=2&p=1&o=11371Good luck to those who believe in the box....
1k to over 1 billion in less than 24h
in
Trading Systems
Dec 23, 2009 at 13:25
Way to go Birt!! You're the man!!I hate these bogus scammer people.
Dragon EA
in
Trading Systems
Dec 21, 2009 at 11:49
Bloody hell, I couldn't agree with Pipseater more. Thomas Edison did 10 000 tries on the light bulb. Takes a while to get FX, few thousand tries at least.
Dragon EA
in
Trading Systems
Dec 18, 2009 at 05:49
Biz,Ya, my beef was that the system's open trades were locked. Makes it pretty meaningless, like the majority of these 10 000% systems.Admittedly now that the locks are off it looks pretty good. Although one verification is still outstanding.c3,Let me guess, you also have a box somewhere?
Dragon EA
in
Trading Systems
Dec 17, 2009 at 09:07
And I still think the box is cheapskate and spammy...
Dragon EA
in
Trading Systems
Dec 17, 2009 at 09:06
Sure that didn't happen later? They looked blocked to me!!But now that we can see what's going on, the performance - if it holds - is something else entirely. Not the kind of EA you want to sell really. Unless it's to a bank for a few billion. Have you worked out what that portfolio will be worth in 5 years? If you sell this thing you can probably kiss that good bye.
Dragon EA
in
Trading Systems
Dec 16, 2009 at 14:11
Hey Dragon boy,How about unlocking those open trades ? Let's see what's behind the veil...
Dragon EA
in
Trading Systems
Dec 16, 2009 at 14:09
How long did it take to put the EA in that ugly box? Did you have to like push it in and stuff? Snake oil here people, get your snake oil here. Good for massage and making money on forex. Just put yours money down and happiness will be yours till end of time!!
Alpari Demo Managed Account
in
Trading Systems
Dec 15, 2009 at 11:25
How did you put in the picture? Attach it as a file?
Branded home page
in
Suggestion Box
Dec 12, 2009 at 12:23
Ya, I sometimes wonder - if I'm so clever, why do I still have to work?Maybe other folks here have better or at least different ideas on how to approach this....come on masses, let's hear it for this one.
Branded home page
in
Suggestion Box
Dec 12, 2009 at 11:32
In fact I see how it works.So it would be a yes/no tick box for you and I copy paste the URL. And for the twitter feed roughly the same I would guess. I put it in my blog easy enough. So that sorts out the profile page.
Branded home page
in
Suggestion Box
Dec 12, 2009 at 11:07
The idea would be to use mine I guess. I have one set up with Blogger and you guys use Wordpress. But if it's a question of simply putting the RSS feed in the right place, then it should be easy to have few options. Take the top 3. Seems to be the easiest for you.
Branded home page
in
Suggestion Box
Dec 12, 2009 at 10:04
Let me put it another way.Easy enough to insert Blogger, Wordpress and twitter into the users profile page? Would make them a bit more dynamic with user content anyway...Then let users post a copy of that page to another domain or let a domain be redirected to that page.
Branded home page
in
Suggestion Box
Dec 12, 2009 at 09:16
Someone else mentioned this, but I can't find it. So I'll just do a topic...I have a domain, but I'm not a webbie. So I'm resigned to using Blogger and then still have to go to battle to get volume out there in the void.What I want in a webpage is pretty close to my profile page here: http://www.myfxbook.com/members/Elkart Except below the system, where there's plenty of space, I want to have my twitter feed and a blog of sorts where I can plonk down pictures of charts and so on. So branded page, that has my brand on it, on my domain, myfbook generated, with all my system d...
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