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Leo Trader Pro
v
Obchodné systémy
Dec 23, 2010 at 10:14
No matter what risk settings you use THE RR STAYS @ 22:1. When compounding is used it becomes even more dangerous because obviously your account will grow in a certain period and most probaly you'll be using higher lot size with each new trade. Then we need a big market change which happens quite often in the last few years and few consecutive full SLs could easily take you there where you were coming from. These type of poor RR systems are doomed in the long term.JUST A SIMPLE LOGICAL QUESTION:IF THOSE GUYS BEHIND LEO WERE SO SURE THEIR EA IS SO GREAT WHY THEIR REAL ACCOUNT IS NOT $100 00...
Multi-Currencies
v
Obchodné systémy
Dec 23, 2010 at 09:49
No matter how many smileys you put there it's still very dangerous and I bet if it wasn't so dangerous you wouldn't have been showing us only demo accounts.
Multi-Currencies
v
Obchodné systémy
Dec 23, 2010 at 09:35
Thanx for the offer but I'll pass, I don't mess with martingale type of systems.
Leo Trader Pro
v
Obchodné systémy
Dec 23, 2010 at 09:33
Guys, WAKE UP!I'm sure this system does look sexy but you have to realise how dangerous it is.With the current lot size it takes less than three full SLs to wipe the account. I can't understand are you blind or just blinded by the greed.Besides, it's a rather expensive toy to blow your account. If you need to blow your account could use some free robots or at least few cheaper options.
GPS Forex Robot (Real Money)
v
Obchodné systémy
Dec 23, 2010 at 08:59
Impressive but probably not sustainable in the long term. I kinda liked that guy Mark Larsen until I realised he's only earning by promoting(affiliate programs) other's EAs and especially after his private union with FapTurbo team. He was the one promoting heavily the FRWC which proved to be just a very expensive CRAP. So I don't trust him, I don't like him and I think this EA is crappy as well.
Multi-Currencies
v
Obchodné systémy
Dec 23, 2010 at 08:50
Don't bother, it's demo money anyway.
Multi-Currencies
v
Obchodné systémy
Dec 22, 2010 at 22:56
Equity @ 57%, very nice and "very safe".
Strato Plan
v
Obchodné systémy
Dec 22, 2010 at 22:54
I'm wondering why this account is not updated since December 16-th.😉
magic
v
Obchodné systémy
Dec 21, 2010 at 20:43
You can now buy demo gifts for your wife and kids or.....your harem.Long live the demo!!!!!!!!It's a DEMO magic.
Strato Plan
v
Obchodné systémy
Dec 21, 2010 at 08:07
Yes, we're all the same, we love real money.What about you? You can buy a lovely Christmas DEMO gifts for your beloved ones.
Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 06:46
If I go for 1 pip in each trade and my SL is 1000 pips I could have 100% win rate. Does that make my system good - definetely NO. Why.....???? Because 1 single loss will wipe all the 1000 wins.But does it look sexy until the SL is hit?Ohhhh maaaaan, you bet it does.The converstion between you and me is over. You just have to learn the basics of forex, money and risk management.
morning
v
Obchodné systémy
Dec 21, 2010 at 06:38
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Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 06:22
Which is obviously not your case.This system may have dynamic TP which could be 100 pips in few cases but it's mostly ~15 pips. The initial SL is always ~330 pips and it's exactly the initial SL which is used to calculate the RR of a system. Due to the non fixed TP of this system we use the average win for the RR calculation. The fact that they're using a trailing stop doesn't change the RR at all cause it's activated only after the trade is allready in profit.
Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 06:22
What you're talkin about is the average win/loss ratio which has nothing to do with the RR.What Does Risk/Reward Ratio Mean?A ratio used by many investors to compare the expected returns of an investment to the amount of risk undertaken to capture these returns. This ratio is calculated mathematically by dividing the amount of profit the trader expects to have made when the position is closed (i.e. the reward) by the amount he or she stands to lose if price moves in the unexpected direction (i.e. the risk).
Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 06:18
😁😁😁😁😁😁😁😁😁http://www.youtube.com/watch?v=YDAXl05rJNQ
Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 06:12
Thanx for your note.I took a look at your profile, it says: experience - less than an year.For less than an year it's actually hard to learn the basics of successful trading. The RR is one of the most important things in forex and this system has very poor RR.There are many systems here at mfxb which look tempting at first glance but when you look deeper you understand it's a nice looking apple which is rotten inside. This system is no exception, you just gotta know where and what to look for.
SkolBozt2
v
Obchodné systémy
Dec 21, 2010 at 06:04
Cause it's better to lose other people's money I guess.
morning
v
Obchodné systémy
Dec 21, 2010 at 06:01
It's Leotrader's account.
Leo Trader Pro
v
Obchodné systémy
Dec 21, 2010 at 05:55
Wake up guys, stop dreaming!The 330 SL is real and it's there to take your money away from you. The average win is ~15 pips so the RR is ~22:1.If you don't believe take a look at this particular trade which was held for 9 days and went nearly 300 pips south before it went in profit.10.18.10 22:40 10.28.10 17:10 GBPUSD Buy 1.20 1.56049 1.59499 1.59327 1.59499 17.2 20.64 9d 3.96% 22:1 RR is terrible and it's a matter of time a disaster to happen.All poor RR systems look good in the short term and always fail in the long term.THESE GUYS ARE NOT PROFESSIONAL TRADERS, THEY...
forexavatar
v
Obchodné systémy
Dec 19, 2010 at 23:08
I'm so sorry I cannot vouch for you twice Speki, great job.Fu.k mee, I don't know what to say. Where this world is headed?I can only hope those who have bitten are only few.
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