FxMasterGuru's Posts - Page 23

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...

Tourbillon in Trading Systems Oct 20, 2016 at 20:28

Anyway, I hope you learnt your lesson with Martingales, and next time PLEASE don't pull others with you off the cliff again...

Tourbillon in Trading Systems Oct 20, 2016 at 17:46

It is easy to show Martingale profit curves every day, but it is hard to face the truth.

Tourbillon in Trading Systems Oct 20, 2016 at 17:41

Yes, Elena, YOU lost 41%.... You, you, and you... But how about your subscribers after all those fancy advertisements...??? They lost 50+% PLUS they lost their subscription fees.Looking at the bottom line it turns out that although you might have lost 41%, the received subscription fees have probably made it up generously for YOUU, and you are at BREAKEVEN with the fees paid by those poor traders who thought that a Martingale strategy will make them rich.It seems that you don't even care about your paying subscribers who have to add all their subscription fees to their losses. Paid to you....

Tourbillon in Trading Systems Oct 19, 2016 at 14:10

With all due respect I doubt that any Martingale - facing a devastating drawdown like this - can ever recover as the next major crippling DD will happen before the expected recovery.

Tourbillon in Trading Systems Oct 19, 2016 at 09:01

That is what usually (actually always) happens to Martingales... They go into HUGE DD... And sooner or later they crash and burn...The question is not IF, but WHEN...Now this is the "Hope and Pray" phase... I feels sorry for those subscribers who paid for the signal on SignalStart and have to go through this pain...On the other hand PAIN is a good teacher in life, as we all know...

Show your profitable account here. in General Oct 19, 2016 at 08:29

Guys/Girls, PLEASE read the criteria stated in the Opening Post:1) The account must be real - no demo's (please do not argue here that it is the same as a live acc. etc - the idea is not to engage in any arguments)2) The account must be verified (please do not come and defend your unverified-but-want-to-participate account - there will simply be no interest)3) DD must not be higher than 40% - (please. Once again. No justification for your above 40% dd, if it is higher - don't participate)4) The account must be older than 3 months, maybe this is even still too young.5) No martingales! (...

Show your profitable account here. in General Oct 19, 2016 at 08:27

10% equity gain over two months with -33% max. DD... On a non-verified "real" account (which could be easily a DEMO account)...

Intraday Trading is gambling in New Traders Oct 18, 2016 at 20:04

I guess this intraday strategy is probably not gambling:https://www.myfxbook.com/members/FxMasterGuru/robosniper-1x-risk-standard/1770937

3TGFX in Brokers Sep 26, 2016 at 20:49

Just another Ponzi scheme broker walking away with $6 Million investor funds with the assistance of Perfecto Fx to cover the legal aspects.You can read about the actual scheme of Perfecto Fx closely tied to 3TG: http://www.myfxbook.com/community/trading-systems/perfecto-fx-emerald-3tgfx/399175,1

Perfecto FX Emerald (3tgfx) in Trading Systems Sep 26, 2016 at 20:42

Yes, typical and well-planned, legally covered Ponzi scheme, unless authorities can prove a collusion between 3TG and Pefecto.Somewhere I read that they have walked away with $6 Million investor funds, as probably all trade results were handcrafted by 3TG broker for Perfecto, which two companies have most likely the same owner through multiple off-shore entities. In other words no single real trade has ever taken place, they simply collected and spent all clients' funds, then at the end created a "black swan" event to justify the disappearance of all funds.The conclusion: Never e...

Show Your Real Live Verified Profitable Account Here in General Sep 26, 2016 at 12:55

@Forex_Developer I guess, I misunderstood you if it had been an honest question for Tomas. I apologize.By the way, it is not Tomas' (Togr's) thread, and I was just exagerating with my example.Being a long-time fan of Robert Kiyosaki - author of the international bestseller series: "Rich Dad, Poor Dad" - I am fully aware that being RICH is measured NOT BY MONEY, but by the TIME we can live on passive income.As a sidenote, I also need to mention that according to academical research of the SCIENCE OF HAPPINESS, money contributes only about 5% to happiness. AT BEST. After the ba...

Show Your Real Live Verified Profitable Account Here in General Sep 25, 2016 at 15:59

@Forex_Developer REAL Pro traders - who ACTUALLY make a good living from Forex profits - do not even show up on MyFxBook forums...They have much better things to do with all their profits than wasting their time here...So please lets NOT criticize each other why we are looking at OTHER systems... We all know why we are spending our limited lifetime here on this Forum instead of sipping Dom Perignon with 20 year-old stunner models on a 100-feet yacht in St. Tropez, France before taking a helicopter ride to Provence for a romantic dinner with one of them... The rest is up to your imagination...

Show Your Real Live Verified Profitable Account Here in General Sep 25, 2016 at 02:10

It definitely LOOKS NICE on paper having 100% winnnig trades, however, it can be SCARY for investors/followers...Why? Because the max. risk of your trades are unknown, so the "implied SL" is 100%... In other words: it LOOKS LIKE you might be holding the trades until they go into profit.

Show Your Real Live Verified Profitable Account Here in General Sep 24, 2016 at 03:39

Nice DEMO start, but I wish you - any many other aspiring future Forex millionaires - had read Post #1:"The criteria:1) The account must be REAL $$ - NO DEMO's/no cent accounts. I know that sometimes demo accounts if longer term strategies and not scalpers can be very close to performance in a real account, however the vendor is not risking real funds, so trading psychology is different, there are many examples of scam vendors on here using demo accounts or cent accounts to provide signals / EAs. 2) The account must be verified track record and importantly trading privileges. 3)DD mus...

Show Your Real Live Verified Profitable Account Here in General Sep 24, 2016 at 03:35

"Stop loss and good trades..." - as you said...Stop Loss: YESGood Trades: NOAt least half of your promise was kept...https://www.myfxbook.com/members/chillout/pamm-serenity-v2/1649491Will it still be a PAMM...?

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Posts by FxMasterGuru