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Forex Crescendo
in
Trading Systems
Sep 29, 2010 at 10:50
From what I can tell Forex Crescendo opens up multiple positions as positions move into drawdown and then closes the basket of trades out once the basket has moved into profit. So fundamentally it's a loss chasing staking plan.In the same way as a martingale staking plan one day it might get caught out by a black swan event and you will lose everythingHere's the screen print from their website so you can see what I mean
EZG - live!
in
Trading Systems
Sep 29, 2010 at 09:08
He made his broker public and you accused him of being IBFX promoting themselves. Not sure what else he could make public to disprove this possibility.As I stated, I have been in touch with Jack and he allows his clients to use any MT4 account. Therefore he obviously isn't IBFX.As I said, if you did some due diligence first. i.e. by asking Jack some questions about his account then you could discount from your list of possible scams all the ones that don't fit and then you could accuse him of those.As it stands you approach is exactly what I would perceive as "The boy who cried wo...
EZG - live!
in
Trading Systems
Sep 29, 2010 at 08:42
Stephanus your posts always make interesting reading. However you're turning into the little boy who cried wolf.Not every account that is doing well is automatically created by the broker in order to attract clients. I've been in touch Jack and he manages accounts and he's happy for you to run on any MT4 broker. So, that debunks that theory.Maybe rather than just throw out your list of standard scams at people you could do some due diligence first. You know the old "Ask questions, shoot later" routine?On the issue of 70% success rate. I have a strategy on EurUsd that is o...
Community is getting a hiding!!
in
General
Sep 28, 2010 at 10:00
Maybe we're 2 million better off because the losing accounts have now been deleted Elkart 😁
Forex COMBO System OLD
in
Trading Systems
Sep 24, 2010 at 15:39
I have to say the fact that you don't even run it on a small account live kind of makes a mockery of your claim to have "10 Years proven forex profits"Where is the account with these 10 years of proven forex profits?Please don't tell me that your backtests are the proven profits.
FXtweet
in
Trading Systems
Sep 24, 2010 at 10:41
Looks nice.Yes it works.
Behemoth
in
Trading Systems
Sep 24, 2010 at 07:24
Hi Soeren,Yep, not sure what happened this week. Guess the markets have been choppy. It's a shame as well as it was really starting to do well. Hopefully it will just be a blip on chart and things will start picking up again.Steve
Strategy Tester results
in
Suggestion Box
Sep 23, 2010 at 12:42
It's alreday benn done lmstuff.Check out the strategies tab
myfxbook economic calendar...
in
General
Sep 23, 2010 at 09:26
Yep that's one of them
myfxbook economic calendar...
in
General
Sep 23, 2010 at 09:00
There's a suggestion in the suggestion box somewhere about this.Basically the reason is because the calendar on MyFxBook only shows future news releases and not past ones.
I want to restart
in
General
Sep 23, 2010 at 08:46
You can't without opening a completely new account.You can however put a custom date filter on your account that starts from the new period.Click on Custom Analysis.Enter the date range you are interested in.Click AnalyzeClick the little pin to make it red.Click custom analysis again to close down this section.Probably worth putting a comment on your system to advise people why there is a custom analysis there as well.Good luck with your new start!
Winsor's Five Trading EAs in Real Time
in
Experienced Traders
Sep 22, 2010 at 14:55
How did you learn to trade then Chanak?Did you simply load up some charts one day and study them on your own in isolation until you figured everything out by yourself or did you rely on the information that traders before you were good enough to pass on - possibly for a fee?I'm not saying for one minute that charity should enter into the equation and obviously sharing what you find with the whole world or your close competitors ( in this case the bucket shops ) doesn't make sense but if there's a quid pro quo relationship there then why not? I've actually built some close worki...
Winsor's Five Trading EAs in Real Time
in
Experienced Traders
Sep 22, 2010 at 14:33
Altruism could be one reason.Wanting to get to your financial goals faster another.I completely understand some people's urge to enable others to succeed with their goals in life and Winsor should be applauded if this is his aim. It's funny but a lot of people I know that have got to the point where they no longer have to work actually then find within themselves a burning desire to help others move towards this goal and then make that their life's work. It's generally the people striving towards financial freedom that don't understand this desire and often question it.
BotsTraders GBPUSD
in
Strategies
Sep 21, 2010 at 14:37
This is your system linkhttp://www.myfxbook.com/members/BotsTraders/botstraders-daily--rent-signal/48395
why traders hide their records history?
in
General
Sep 21, 2010 at 08:37
Actually he doesn't have 100% success. If you remove the custom filter on this accounthttp://www.myfxbook.com/members/ranesh/rwfxmain-contd--rwfxmain2/15358You can see a loss.However 100% success does generally indicate a trader not prepared to accept losses which will lead to problems at some point in the future in my opinion.
Spread Costs
in
Suggestion Box
Sep 21, 2010 at 08:16
I'd also question the validity of it. Just because you "paid" a spread of say 3 pips on GbpUsd for a trade, does not mean that your broker made 3 pips. He gets his price on the open market ( providing he's a genuine broker accessing the open market ) and then potentially added his cut on top of this.There are three main setups with regards to brokers.Fixed spread, so he makes a varying "commission" based on what the spread was at the time he put the trade through. He could also conceivably make a loss on some trades. Although I'm sure this is rare.Variable sprea...
My Forex experience
in
General
Sep 17, 2010 at 12:32
Their spreads aren't that brilliant though
Arbatov PAMM Insta
in
Trading Systems
Sep 17, 2010 at 12:06
Vit, I was referring to the Russian being spoken in the thread and addressing my comments to those Vit
My Forex experience
in
General
Sep 17, 2010 at 11:52
Forex.com is one option, not a brilliant one but they do allow 0.01 lots and have no maximum lot limit. It really depends what your starting lot size is going to be.To be honest I would not use any broker that is not an ECN or an STP, especially not for a martingale. Get a requote or some other kind of order rejection at the wrong time and you are in the deep stuff.One of the reasons Martingales are such a dicey proposition on live accounts.
Arbatov PAMM Insta
in
Trading Systems
Sep 17, 2010 at 11:41
Fortunately Google translate works both ways.It's not unreasonable for people to expect a good level performance without an account suddenly wiping out over the course of a couple of days.Yes there are risks in Forex trading and yes you should never trade with capital you cannot afford to lose in it's entirety but to see that capital disappear in one week must be pretty disheartening for Vit.I don't believe there is any call for rudeness Dmitry.
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