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FxMasterGuru
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Johnpaul77
in
General
Sep 21, 2014 at 14:28
The end result shows the "value" of their strategy... If there were any strategy at all. Of course, other than scamming thousands of subscribers. Which they did "masterfully", collecting tens of thousands of dollars in subscription fees while crashing their accounts. One of the best designed scams on MyFxBook by the involvement of a scam broker creating artificial account history.There are so many other much better strategies on MyFxBook running at mainstream brokers. For example: http://www.myfxbook.com/members/togr/caesar-400-eurusd/662462
Automated Trading by Universal Robots
in
Trading Systems
Sep 20, 2014 at 11:01
Let me summarize the results:12 days16 trades+17% profit-31% DDAnd looking for subscribers...?? Come on!! You must be joking...How about trading the strategy in reverse...? +31% profit and -17% DD. Sounds immeduately much better...
Caesar 400% EURUSD
in
Trading Systems
Sep 20, 2014 at 10:38
Another excellent week with 1.35% profit! Congratulations, Tomas!By the way: HAPPY 13th month anniversary WITHOUT ANY LOSING MONTHS!
Caesar 400% EURUSD
in
Trading Systems
Sep 15, 2014 at 07:02
I am almost sure it is because Forex is in a period of extreme low volatility; the lowest volatility since 2005. The summer holidays have only pushed volatility lower. In 2009 one of the smallest candles on the daily chart is larger than one of the largest daily chart candles we have seen in the last few months.
Johnpaul77
in
General
Sep 12, 2014 at 20:06
Yes, mostly Russian "home made brokers" falsify trade history to attract clients who become part of a pyramid scheme getting nice paper statements each month (similarly to Bernie Madoff's scheme in the US)."JP" did not insist on using his obscure broker, so most people did not assume that it was a similar scheme. Their monthy pricing (20 USD/month) was reasonable to "give a shot" for most interested traders. Well, assuming that 1000 people "gave a shot" (incl. me) it provided 20k/month income for them. They managed to run their scheme for about 5 mon...
Caesar 400% EURUSD
in
Trading Systems
Sep 12, 2014 at 19:58
Another excellent exit on the short series on 9/12.Based on the picture perfect TIMING of the exits I have to assume that you have a real working "crystal ball" Tomas... 😄
Johnpaul77
in
General
Sep 12, 2014 at 07:14
@TheCyclistEven if it were not a scam, you are just too nice with "JohnPaul" (which if probably not his real name either).I am quoting a part of JP's e-mail. It sounds like written by a noob trader after blowing his first account:"Here are some rules that we broke : Didn't use stop loss Hold position(s) for too long Believing/loving too much to one theory (in this case – chart pattern) Exceed our loss tolerance level More than one average position in one pair Force ourselves to trade during bad markets Put ourselves on hoping inste...
Caesar 400% EURUSD
in
Trading Systems
Sep 11, 2014 at 19:06
Why would be systems deleted...? Because of the SimpleTrader issue...?
Caesar 400% EURUSD
in
Trading Systems
Sep 11, 2014 at 15:12
There were many.... Look at the master account's history... http://www.myfxbook.com/members/togr/caesar-400-eurusd/662462
Caesar 400% EURUSD
in
Trading Systems
Sep 11, 2014 at 14:36
Fantastic exit timing with today's buy series. Congrat, Tomas!!
Pureprofitfx
in
Trading Systems
Sep 08, 2014 at 09:58
"The user has deleted this system."And all the subscribers on SimpleTrader.net are now officially "f...ed". Typical... Gabriel (the "Pro") and his "prp team" could compensate their losses from the subscription fees collected, but his clients got the "double whammy".I think we shall see Gabriel and his Romanian "pro team" soon with another "fantastic" strategy and under a different name... According to their "bio" they left an investment bank 4 years ago. Now it is clear why...THE CONCLUSION: As this example shows...
MLA™ 2015
in
Trading Systems
Sep 07, 2014 at 21:54
What happened to your "myLIVEaccount.com 2014" showcase account...? Has it suddenly fell off from Earth? Last week it was still there... Both of us know what had happened, but lets forget about it... Right....?? I guess soon we shall see a "myLIVEaccount.com 2015" account. For another 6-9 months.Come on Milan....! First you should be able to make a nice living directlyfrom trading, and not from subscribers. History just seems to be repeating itself...
FStep Pepperstone
in
Trading Systems
Sep 07, 2014 at 21:45
Wow...! According to the advertisement: "The expected monthly returns is +/- 7%, however during most months the system is delivering consistently greater than 12% gain per month with a drawdown MAXIMUM of 10% only."The "10%" DD looks more like 90%... Úgy tűnik, Andris, szép magyarosan ez is el lett kúrva...
Pureprofitfx
in
Trading Systems
Sep 07, 2014 at 21:36
Another epic crash... As predicted.
Johnpaul77
in
General
Sep 07, 2014 at 14:05
I agree. Most likely JP's results were manipulated by this obscure broker for mutual benefits: both of them got hundreds (if not thousands) of clients.Unfortunately "verified" results don't mean "authentic" results on MyFxBook as brokers (especially non-regulated ones) can falsify trade history.
KonstantinFX Aggressive Live- One Million Dollar Account
in
Trading Systems
Aug 29, 2014 at 21:18
Just another fake money manager with a cent account.Pro traders don't let accounts go into 40% DD.
Pureprofitfx
in
Trading Systems
Aug 25, 2014 at 05:08
REAL Pro traders have better things to do than showing off on MyFxBook, and with their accumulated wealth they could not care less about recruiting signal subscribers for $69.99 per month...So it is a waste of time to look for "Pro money managers" and system developers here on MyFxBook. Also, it is foolishness to take signals from anybody who is already not rich from his trading. But if he were rich already, then he would not be selling his signals on MyFxBook. Catch22...
Pureprofitfx
in
Trading Systems
Aug 21, 2014 at 22:34
Another typical "Forex Fairy Tale"... The really annoying thing about it is that the "strategy manager" is SELLING his signals while not keeping his DD promise made on his Bio page:"Trading Style: Our strategy is based on money management and pull backs. See the history and you will understand.We a have maximum 20% risk from our balance and 20% monthly profit."- The 33% DD is definitely more than the promised 20%, at least according to my 1st grade math teacher...- Letting clients' accounts go into a 33% deep DD is simply CRUEL, UNPROFESSIONAL and IMMORAL.&quo...
Caesar 400% EURUSD
in
Trading Systems
Aug 12, 2014 at 13:07
Well said, Tomas. There are no shortcuts...Anybody who wants to know one important secret of success should read "The Outliers" by Malcolm Gladwell. Just a hint from the book: 10,000 hours...
Caesar 400% EURUSD
in
Trading Systems
Aug 11, 2014 at 16:58
@togrNice first year, Tomas! More than nice: I have not seen too many similar strategies managed with such expertise and consistency. It is good to see that not only the "big guys" have a shot in Forex, but anybody can be a "big guy". And now its you, Tomas. Congratulations!Maybe in August of 2015 you should organize a "2nd Year Caesar Party" for your clients in Prague... (Of course, everybody would pay for it from their "Caesar" profits...)
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