robw135's Posts - Page 3

RWFXM - KINGDOM in Trading Systems Aug 03, 2010 at 06:23

>>> I also opened up a PAMM account for experimenting and to see if Manipulation is and was Possible and YES it is..Unfortunately that is the world we have to live in, however just because something evil is possible it does not mean that everyone is doing it. In the end that action is what separates the scam from the true thing. In case you have not noticed I was probably the first here to point that PAMM issue out. Yes It does not show my true gain but there is not many sites like this that have a better solution. And btw my true gain for last month is quite a bit higher then the 59...

RWFXM - KINGDOM in Trading Systems Aug 03, 2010 at 05:59

>>>LOL.>>>160 Pip drawdown on EURJPY for a mere 7.8 PIP gain. ???Yes, and If I like it I'll take even 1 pip, if you don't like it you don't have to be part of it. __________________________________________________________________________>>>And a 20% Equity Drawdown that I noticed last Friday. And your point is???For your information it was probably even at 22% And, Yes I always inform my investors that I do not have preset SLRead the risk disclosures on my site ___________________________________________________________________________>>>This is ...

Broker that offer mini account and MAM platform in Experienced Traders Aug 03, 2010 at 03:54

LOL :)) R

RWFXM - KINGDOM in Trading Systems Jul 28, 2010 at 06:07

Ok, now I can answerI saw that Alpari had this rating thing but I didn't see it on many other brokers, and I'm not aware that my broker has this function at this time, however I have not inquired about it with them but will do so and will post here what I find out. I recognize the convenience it brings.Therefore, I cannot provide a link for such thing at this time.The way it works right now, person opens a trading account at one of my brokers, fills out an LPOA and the account gets attached to my PAMM or LAMM and gets traded (standard procedure)My website also answers a lot of questio...

RWFXM - KINGDOM in Trading Systems Jul 28, 2010 at 03:42

DoubleTrap1. To say it nicely, I simply don't really care if someone believes me or not, not my problem and I'm definitely not going to advertise my and my investors' balances out here. Anyway we're talking about percentage gains and it really does not matter what the $ or euro or whatever balance is, %%% calculations in the modern world mathematics system are pretty much the same no matter how you look at it. I was going to do the calculations and filter out the adjustments but I'm just too lazy for that and besides I'm having too much fun trading lately.2. I have hon...

RWFXM - KINGDOM in Trading Systems Jul 28, 2010 at 02:04

Time to celebrate first 100% on this account behind us.

RWFXM - TEST 1 in Trading Systems Jul 26, 2010 at 22:54

I don't know Joe Ross or his strategy I have not read Day TradingThank you for both recommendations I may look into them Robert

TradeLikePro in Trading Systems Jul 23, 2010 at 05:22

I was wondering the same thing

Manual Trading and Automated which One Do You Think Is More Profitable? in Experienced Traders Jul 17, 2010 at 23:23

True, we're getting a bit off topicBlack boxes maybe more profitable if you have the resources to 1) purchase and maintain the hardware and real estate to house it in 2) Hire and maintain legions of scientist including mathematicians, physicists, top line programmers, I heard GS even has astrologers on staff (not sure about it though), and specialists from few other branches of science. All this will probably cost about 8 figures each month so if you can afford it then yes you may be more profitable with black boxes.But, landing back on earth among the 99.9999% of people who cannot affor...

RWFXM - KINGDOM in Trading Systems Jul 17, 2010 at 20:43

PAMM issueWell, it looks like myfxbook will not be able to do anything at the moment to address this PAMM adjustments issue I mentioned few posts ago here. Their current methodology kind of smooths out the curve and is great for just a single account but it unfortunately does not show true return for PAMM accounts, I hope they can address this in the future. Anyway, I'm going to try to do the calculations on my own by filtering the PAMM adjustments out. I'll post my calculations here at the end of each week.R

RWFXM - KINGDOM in Trading Systems Jul 17, 2010 at 20:37

StefanYou can vouch only after you have 3 vouches from someone else, I'm going to get you started with one from me. Be respectful of other here and try to help as much as you can and others will vouch for you as well. Thanks for your input, I look forward to following your progress as well.I seem to be making most of my trades using 2-3 PA patterns that pretty much always come through for me. I don't pay much attention to what the RR is.My main concern is that the trade is profitable which is generally determined by the entry and I exit at S/R levels.I don't use hard SL because my ...

Manual Trading and Automated which One Do You Think Is More Profitable? in Experienced Traders Jul 17, 2010 at 20:14

Manual anytime Not worried about HFT black box trading. just need to look at longer TFs and it can be easy to trade manually.

RWFXM - KINGDOM in Trading Systems Jul 13, 2010 at 21:15

The cumulative gain on this account is not accurate. Being a PAMM account the account receives tiny (few cents to few dollars) adjustments very often either as deposit or withdrawal and it looks like Myfxbook is considering those adjustments as regular deposits and withdrawals and resets the equity balance to the balance at the time of the adjustment instead to the time of proper deposit or withdrawal. At this point the gain is shown as 79.95% but in reality should be over 100%, simple net deposits/net profit is at 128%.I'm going to ask myfxbook team what they can do about this, hopefully ...

RoboX in Trading Systems Jul 10, 2010 at 00:44

something is off here - anyone has any idea what?You deposit $100 and make 926.84% so your balance is $1026.84You make a withdrawal of $305.00 so your balance should be $721.84 NOT $7.34R

You got scammed? Someone disappeared with your money?The NOT DO DO and NO GOs in General Jul 09, 2010 at 03:13

ElkartI could not express my opinion on freedom betterThat last comment earned you a vouch :) (just kidding most your comments are spot on) R

FX Manager Listing Board in General Jul 05, 2010 at 23:33

Very well said MFB and Barclayhedge should work together There is also many other sites that allow to publish and analyze statements, everyone has something different to offer Maybe someone should buy all these sites and combine the best ideas with the best verification methods to create a much larger and transparent community. And we should really have two section clearly separated in any community THE LIVE and THE DEMO sections.Its driving me crazy when I see a beautiful growth curve just find out a few seconds later that its a Demo account.R

Lion Asset Select in Trading Systems Jul 05, 2010 at 23:10

Very nice curve but why is it demo??Why serious people like you Lion make the mistake with the demo accounts, even a $100.00 real account is more credible

wdgannlive in Trading Systems Jul 04, 2010 at 16:47

That's what I thought after I posted it.Anyway, I'm working and hoping to be in that little number one day and have those problems :)

wdgannlive in Trading Systems Jul 04, 2010 at 03:32

I don't think 10M will have any effect on this market in the major pairs except for the second that you place that trade it may drive it a few pips and if you spread that trade into smaller trades no effect at all.As far as leverage I'm thinking you can probably do 7% per year with no leverage at all or max 1:5 would need to be used.Anyway, just theoretical thinking since I would never be happy with such low returns while actively trading, also leverage is a tool like any other and is there to be used but with caution so I always plan to use it whenever possible (I know what Buffet sa...

wdgannlive in Trading Systems Jun 29, 2010 at 16:51

If your compounded annual return is 7.74% then it really should no be a problem to maintain that curve for anyone with the patience to look at such low returns even if you manage multimillion dollar fund. On the other hand I understand that this may be an account purposely set up and making small but consistent gains for marketing reasons. Still, there is many people that would be very happy with such results, about twice the bonds with probably limited risk since the trade size must be pretty small so even if it goes bad it has no influence on the account.

EURUSD	1.04812	GBPUSD	1.25985	AUDUSD	0.65134
USDJPY	154.576	USDCAD	1.39686	USDCHF	0.88663

Posts by forex_trader_5776