NFP «Aggressor-Heger»Thảo luận

   SaltyWaters posted:
   leerees,

I believe you got my words all upside down. I didn't mean to say that your system or strategy were bad. Actually I was browsing around seeing what other people were doing and your system/strategy caught my attention and I found it quite good for the short life it had in Live performance. Let me tell you I didn't like you putting others down to call the attention to your system and that's why I pointed it out to you. But that's not the point. The point that I was trying to show you was that no matter what a back test may show us we need to have it on a forward test either Demo or Real in order to get more credibility and usually we need a few months to a year at least to do that (even that doesn't guarantees us that something won't go wrong next day and the account blow) and here actually I did like your plan of taking the money out as soon as it reached your set level and keep it running for more.
Your plan is great! and another thing I pointed out was that it seemed to me that you didn't stick to your plan and something went wrong. Believe me I've done it too and I try my best to do not do any stupid thing out of my plans. I actually have my own robots too and just last year in June 2010 when I started one of my robots on a live account and when everything was going great I made a stupid move because (not a power outage but because I was traveling) and some of my trades didn't close because I didn't have the platform on, and then I decided to keep them open on the hope that they would go back to where they were supposed to close. Well, it took me 2 months or so to finally give up and pull the plug off and close them for a bigger loss than what they had if I had closed them right away. And that was another stupid mistake because right after doing that they went straight to the point where I wanted them to go for those 2 months. Anyway, it's been now 15 months on that Live account and that was the only negative month (-27.02%) that I'm having so far on my credibility time. Sorry to make you read this crap but it was just to illustrate the point of long term credibility test.
Again your system/strategy looks good and I wish you to succeed. Don't get me wrong but sometimes we need to hear from others in order to see clear (that is my case).

There's nothing wrong in making money selling your work or services as long people who pay for it will have good results with it and I encourage you to do so.

I have bought a couple of lousy EA's in the beginning of my trading life and didn't like the idea of being ripped off! Here lies my statement about those 'people who cannot manage their own accounts and want to manage others' through their EA's or services.


Regarding a decent broker for a PAMM account. I have mine with Dukascopy, though they don't have MT4 (they offer a bridge through a 3rd party but I find it quite expensive for the service) if you're willing to code for jForex platform Dukascopy is the broker to go.


Cheers,

Peace and success is all I wish to everyone!

P.S. With all of this talk I'm considering to open my PAMM account to the public too instead of keeping it just for me and my family and a few friends (something that I've been resilient to not to do due to the risk involved). But again and thanks to you mentioning 'There are a lot of people here from poor countries or they live in the west where it's impossible to get any form of credit anyway. Fund management is the only way to get that big income boost now.' if I can help others and make a little extra hey what the heck! As long people understand the risk involved in Forex Trading.