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!
Posts by
FxMasterGuru
1
..
57
58
59
..
77
1
..
58
..
77
Traders survey
in
Experienced Traders
Apr 18, 2014 at 21:29
Successful traders do not advertise here on MyFxBook... Just Wannabes and Demo Fighters.But nice try HolyCow.
5% average monthly profit for at least 2 years (with less than 25% max. DD)
in
Experienced Traders
Apr 18, 2014 at 21:24
MyFxBook: "User asgharsharifi wasnt found."The fame has not lasted long...
5% average monthly profit for at least 2 years (with less than 25% max. DD)
in
Experienced Traders
Apr 18, 2014 at 13:25
Unfortunately one month is too short, even 6 months are very little...There have been numerous fantastic, stable, "risk controlled" strategies - run on well funded LIVE accounts - here on MFB just to blow up without any warning after 7-8 months of picture perfect history...
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 18, 2014 at 13:21
Hiding trade history is just a "great" way to recruit investors/followers...
Caesar 400% EURUSD
in
Trading Systems
Apr 18, 2014 at 07:09
Yes, indeed. Most of the time excellent choice of momentum direction, and even if not, the EA is "wise enough" to make a nice recovery and a gracious exit.But large drawdownds will happen occasionally and anyone following Tomas' strategy should be PREPARED for that. Especially EMOTIONALLY. In view of this warning and risk disclosure Tomas should be immune of any and all criticism from anyone when a large DD happens (if ever).My suggestion to all fellow followers: please set your risk (i.e. minilot:deposit ratio) within your emotional pain tolerance level and save Tomas from any a...
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 17, 2014 at 20:10
@ForexAssistant My boat is bigger... 😁
5% average monthly profit for at least 2 years (with less than 25% max. DD)
in
Experienced Traders
Apr 17, 2014 at 18:20
5 trades within 1 month... It is a good start, but very little to recruit investors....
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 17, 2014 at 13:39
It is true with the added remark that fund managers have a tougher situation to get in and out of positions. It is much easier to move 4-5 lots without moving the market, but it is a different situation with 400-500 lots which has significant effect on the performance they can achieve.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 22:38
I guess we all know that too well... But yes, let's see the account statements following July of 2009...
im new in forex trading
in
New Traders
Apr 16, 2014 at 20:19
Don't forget to read Bob's (a.k.a. "ForexAssistant's) blog entries on this forum: http://www.myfxbook.com/community/experienced-traders/i-want-only-safe-4/437746,80
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 20:04
@ForexAssistant Noted. The balance on the last account statement is $835.56, so you have made $625.56 over 16 months. Hmmm... I meant show me the REAL MONEY, which is more than the price of an Economy Class flight ticket from London to New York.If it has worked so well for you Bob, you must be a millionaire by now managing the wealth of hundreds of investors while sitting on your yacht in the Bahamas, sipping your Dom Perignon and spreading the wisdom to the 95%...AM I CORRECT, BOB? (If not, please shut the f... up and come back later.)
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 19:42
@ForexAssistant SHOW ME THE MONEY!!! Then, and THEN we can talk about mathematical theories...Guess why those people teach the "grid theory" at universities...? Because they have no other way of making a living... Otherwise they would trade their theories with real money sitting on their yachts in the Bahamas. Not fighting for tenure and waiting for promotion or a SALARY RAISE... Come on!
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 19:36
😁
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 12:54
Well said! I am still about to see a profitable Martingale or Grid strategy which has survived a 2-year mark without a major (i.e. tolerable) <25% DD.The 25% DD is the real max. what any investor in his right mind would take without freaking out, as there is absolutely no guarantee that the next basket does not end up in another 25% DD (totaling 50%). If it happened one would have to make 100% profit on the remaining 50% balance (equity) just to break even...@ForexAssistant The coin tossing example was actually a perfect one. It can be even a foundation of a 15% per year robot with straight...
Caesar 400% EURUSD
in
Trading Systems
Apr 16, 2014 at 09:37
I think at least $1000 per 0.01 lot is needed to avoid an emotionally(!) unmanageable situation. Even with this setup one's account may encounter a -30% DD (max. allowed DD on the Master Account is -33%) if I am right. I am sure Tomas will correct me if not.So in case one cannot stand the thought of a possible -30% DD, then even a $1000 per 0.01 lot risk setting is just too high.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 16, 2014 at 07:36
Good point! Yes, the chances of crashing a Martingale accountwithin 1 minutes: practically 0%within 5 minutes: again close to zerowithin 1 day: very unlikely, but definitely higher than within 5 minutes...within 1 week: about 0.1%within 1 month: maybe 1%within 6 months: approx. 20% within 1 year: let's say 60%And so on... The bottom line is that as time goes by, the chances of crashing an account without stop loss (i.e. which is in "eternal DD") are getting higher and higher, so at one point the "eternal dradown" has to meet the Margin Call, the same as parallels meet ...
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 15, 2014 at 20:19
@ForexAssistant You may be right, Bob. And I do hope that those 7 million people trust their monies on your "in eternal DD" strategy producing 12% per year on balance, as long as the equity is not eaten up by the DD. Which CAN happen theoretically, can't it?And then, all the years' of 12% per year profits evaporate - almost literally - preceded by a Margin Call from the broker. Of course, unless you feed the beast in the DD instead of taking money from it.I wonder if anybody else in this blog is sold on this idea, or is it only me who cannot see the great opportunity in it...
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 15, 2014 at 11:21
@ForexAssistant Well, Bob, I have to admit, it is too "high" for me to comprehend, especially this sentence: 'it is always in draw down, that is how it works'.Wow...! Why have I never thought of becoming a successful trader with a strategy which produces constant profits while it is in eternal DD....??
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 14, 2014 at 21:21
Yes, it is nice, however, it is unfortunate that only 3 months' history is verified.
I want only a safe 4% each month... Which EA?? Thank you
in
Experienced Traders
Apr 14, 2014 at 20:56
I would add the following to the above strategy description:Monthly Profit: 0.93%Max. DD: 9.46% -- In other words it takes 10 (i.e. TEN) months (statistically) to recover from a max. DD scenario (like the current one).Also, it might be also interesting that the named strategy is in constant DD since the end of January, including open positions since January 8th, 2014. Although not pretty, I guess these details add some more valuable information.
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
