Loading...
Continue to Myfxbook.com
Continue to Myfxbook.com
Čeština
Deutsch
English
Español
Français
Indonesia
Latviešu
Melayu
Polski
Português(Brasil)
Português(Portugal)
Slovenčina
Svenska
Türkçe
Vietnamese
Русский
हिंदी
ไทย
日本語
简体字
繁體中文
한국어
Sign In
Sign Up
Open an account with FOREX.com
FX Tools:
Economic Calendar
Interest Rates
FX Calculators
News
spreads
Sentiment
Forex Heat Map
Correlation
Market Hours
Home
FxMasterGuru
Posts
Share
Share this page!
Advertisement
Posts by
FxMasterGuru
1
..
21
22
23
..
77
1
..
22
..
77
RoboSniper 1x Risk Standard
in
Trading Systems
Oct 27, 2016 at 22:22
Yes, correct. Thank you for the clarification.
Luis Penaloza FB-Inc(ALP)
in
Trading Systems
Oct 27, 2016 at 18:04
I am sure they are "highly regulated" on the Marshall Islands... From a beach bar... 😀For now I will stick with FCA and ASIC regulated brokers...
Luis Penaloza FB-Inc(ALP)
in
Trading Systems
Oct 27, 2016 at 18:00
I don't think that a "Republic of the Marshall Islands" registered broker would refuse non US clients.My concern would be how a broker is regulated on the Marshall Islands... especially after being robbed by a New Zealand registered and ""regulated"" broker, whose owner has taken off with $500k+ "segregated clients funds"...How the New Zealand authorities reacted...? They simply deregistered the broker and after the broker was ""unregistered"", they have simply declined all responsibility or involvement... ""Smart"&...
Luis Penaloza FB-Inc(ALP)
in
Trading Systems
Oct 27, 2016 at 17:45
I wish you did not use GRID and MARTINGALE elements. Using GRIDS with increasing lot sizes - while the market is moving against each trade - is a "time bomb".I would not get into my other concerns about DEMO accounts running at "no name" OFFSHORE brokers...
RoboSniper 1x Risk Standard
in
Trading Systems
Oct 27, 2016 at 17:21
Thanks, Tomas! Your comments are appreciated.The EA makes enough profits (in %) for me and I have the necessary additional financial background from my daytime job to boost my accounts' funding in a stepwise fashion until I can join your "Club" and leave my daytime job behind.The ONLY reason I have not kept my accounts private (although I was seriously considering it) is to demonstrate that the markets still have some inefficiencies which can be harvested by a systematic and disciplined approach.
RoboSniper 1x Risk Standard
in
Trading Systems
Oct 27, 2016 at 17:08
The EA trades only 3 hours a day, during the last 3 hours before Tokyo Open - i.e. during the PRE-ASIAN session - when ALL markets are closed.In 5+ years of backtests the EA had a pretty stable performance on all tested 9 pairs, and I would be hesitant to argue with the results by turning the EA off based on my subjective observation of each market (ranging or trending) on a daily basis. What I really like about it is the "Set and Forget" option.
RoboSniper 1x Risk Standard
in
Trading Systems
Oct 27, 2016 at 15:40
Someone has informed me that there used to be a commercial strategy on MyFxBook called "ForexBank EA". My live accounts have no relationship to that EA, whatsoever,. I have never even heard of that EA before, and it was simply a coincidence.So, to avoid potential confusions and misunderstandings I decided to change the MyFxBook name of my live ACCOUNTS to RoboSniper.
I AM PLANNING TO DIE IN FOREX
in
New Traders
Oct 27, 2016 at 06:33
You are not alone... When I observe an EA in action on my live account, I often feel the urge to close some trades. So it is better to walk away (or sleep) and let the EA do its job...
RoboSniper 1x Risk Standard
in
Trading Systems
Oct 27, 2016 at 05:12
Thanks, Ozzie! Appreciated. 😄Actually the results look even better than expected. At least for now. Based on the backtests some "less favorable" periods might come sooner or later.
RoboSniper
in
Trading Systems
Oct 26, 2016 at 15:58
PM has been sent.
I AM PLANNING TO DIE IN FOREX
in
New Traders
Oct 26, 2016 at 15:43
It is wise that you trade with an EA, as you have already eliminated one of the greatest enemies of successful tradiing: GREED and FEAR.One more advise: Please never interfere with your EA's actions if you happen to watch your EA working live. It is a major temptation which should be avoided, Luckily my EA works at night (in my local time), so I sleep through the potential "excitments" (i.e. greed and fear) and I just wake up to analyze the results and make "cool-headed" adjustments, if needed.
Intraday Trading is gambling
in
New Traders
Oct 26, 2016 at 15:35
Good point, Ben! And of course, good approach, Tomas (@togr)!
I AM PLANNING TO DIE IN FOREX
in
New Traders
Oct 26, 2016 at 12:28
I trade only the last 3 hours before the Tokyo Open (i.e. the pre-Asian session) with a proprietary, price-action based scalping algorithm, which "algo" has eventually become an EA. So eventually I can sleep while my account is trading, and emotions are out of the way. Completely.During those 3 hours ALL markets are closed, so no significant price movements, incl. "black swan" market events are expected (but of course, anything can happen at any time).If conditions are "right" (concluded from the price movements of the previous 12 hours) the EA sells on highs and ...
Safe Fx Investments
in
Trading Systems
Oct 26, 2016 at 01:25
+4% average monthly profit with -23% max. DD... It is OK, but I just wonder why it is called "Safe Fx"...I would call it "safe" only if the average Monthly Profit was higher than the max. DD, or at least the DD did not exceed the average monthly profit value. In other words the Calmar Ratio should be 12 or higher.Just my 2 cents...
I AM PLANNING TO DIE IN FOREX
in
New Traders
Oct 26, 2016 at 01:09
I suggest algorithmic/automated trading as emotions will ALWAYS come into play - and in the wrong way - when the stakes are high.That is why there are so many books about trading psychology. Of course, they don't help much because remaining "cool" and "unemotional" (i.e. without greed and fear) in high stake trading situations requires special psychological setup which is deeply rooted in one's emotional relationship with money.A trader either has it or does not have it, and he/she will know it for sure only when his/her account size reaches the "high stake&quo...
Norbert's signal real, high risk trading
in
Trading Systems
Oct 26, 2016 at 00:56
Algorithmic (and preferably automated) trading is the best and - probably - the only way to trade without emotions.Hajrá Norbi! 😄
Show your profitable account here.
in
General
Oct 25, 2016 at 02:06
The combined graph of those 40 accounts looks like a surrealistic piece of art... 😀
Intraday Trading is gambling
in
New Traders
Oct 25, 2016 at 01:06
Yes, Aussie brokers are OK (mostly the well known ones), but FCA regulated brokers are even safer with FCA's up to 50,000 GBP insurance, which insurance kicks in if a br0ker goes bankrupt after using up its clients' deposits to avoid bankruptcy.
Intraday Trading is gambling
in
New Traders
Oct 21, 2016 at 15:53
@HolyGrail2222 I think @c3po was serious and he was right. Brokers can and - sometimes - do disappear with their clients' funds... So when we send our hard earned monies to poorly regulated brokers we do take a gamble.
Intraday Trading is gambling
in
New Traders
Oct 21, 2016 at 13:15
@c3poYes, you are right about that. One broker - Capital Trust Markets - has already disappeared with my and other traders' funds altoghether with a total of $500k+). By the way, the owner has been recently charged by the Canadian authorities and he will stand trial in Toronto just in 5 days from now.Anyway, currently I am exploring a transition to a London-based and FCA insured (up to 50k GBP) broker for the same exact reason. Should I ever reach 50k GBP on that account, I will look for another FCA insured broker. Of course, it is also a gamble if FCA would pay out in case an "insure...
You have an Ad Blocker!
Myfxbook is a site supported by advertisements. Here are two ways for you to continue browsing:
Ad Free Subscription
or
Disable your Ad Blocker
Already subscribed?
Sign In
You're not logged in
This feature is available for registered members only.
Registration is free and takes less than a minute.
Click the sign up button to continue.
Unless you're already a member and enjoying our service, then just sign in.
Keep up to date with the markets
Enable notifications to receive real-time important market updates:
Economic Calendar
Forex News
You can disable notifications at any time from your browser.
Unblock Notifications
You've blocked browser notifications for Myfxbook.com. Please enable it:
You can disable notifications at any time from your browser.
PREVIOUS
CONSENSUS
ACTUAL
