How about a clean "Only verified real PUBLIC accounts" myfxbook? Votes Results
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How about a clean "Only verified real PUBLIC accounts" myfxbook? Discussion
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zzzero

Member Since Jan 26, 2011  1367 posts zzzero Jan 29 2011 at 18:44
what if there were some checkboxes somewhere on this site where i could select to view only content from:

[]live accounts only
[]profitable accounts only
[]no hidden broker
[]no hidden balance info
greater than _______ months trading history.

that kind of thing.


n/a
forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Feb 17 2011 at 09:18 (edited Feb 17 2011 at 09:26 )
Come on guys, we're all here to make money. Demo accounts do not generate money, they generate illusions, dreams and lies.
I use demo to test my strategies and EAs but for you guys it's useless. There is big wall between demo forward test and real forward test. Why? Because there are hundreds of strategies and EAs which look perfect on demo but due to several reasons the developers don't dare to trade their own/real money with them. There must be a reason for that - FEAR. Fear that those systems are not exactly reliable or are pretty dangerous. What's the next step for those developers? Of course to sell and risk other people's money, it's safe, it's perfect, but not for the buyers/investors.
It's sad when I look at the community and I see hundreds of pages of useless information about hundreds and thousands of useless demo accounts. That's a waste of time, valuable time and we know that time is money. When we waste our time we lose opportunities and therefore - MONEY.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
speki

Member Since Nov 18, 2009  735 posts speki Apr 28 2011 at 22:10
I took my time on this one, but I think it's a good idea.

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
ranesh

Member Since Jan 28, 2010  257 posts RWFX ( ~ P A M M ~ ) (ranesh) May 02 2011 at 08:46
Didn't see this before I posted the same suggestion... I'll get that removed.

"He who gathers money little by little makes it grow." - Prov13:11
ranesh

Member Since Jan 28, 2010  257 posts RWFX ( ~ P A M M ~ ) (ranesh) May 02 2011 at 08:49 (edited May 02 2011 at 08:49 )
Voffi posted:
    I don't concur, why make it harder for the inexperienced to get feedback from the more experienced traders on how they are progressing?

myfxbook is a great tool analysing where you stand, whether it is a demo or a real account..


But I on the other hand would say that it should be more obvious to the viewer that an account they are observing is a demo account.


Maybe dump all the accounts that are fully verified into a separate section that is CLEARLY segregated as demo accounts. Because obviously if it's a real account then there's no reason why it cannot be fully verified.

"He who gathers money little by little makes it grow." - Prov13:11
ranesh

Member Since Jan 28, 2010  257 posts RWFX ( ~ P A M M ~ ) (ranesh) May 02 2011 at 09:29 (edited May 02 2011 at 09:33 )
ranesh posted:
    Voffi posted:


Maybe dump all the accounts that are fully verified into a separate section that is CLEARLY segregated as demo accounts. Because obviously if it's a real account then there's no reason why it cannot be fully verified.


What I meant to say is :

If an account that is demo or real is not fully verified, it should not even be allowed to be made public.

All the fully verified accounts that are made public can show up in the systems page. Since we already have the option of selecting which type of accounts (demo/real/any) we are interested in I don't think it's necessary to have separate sections as such. But all demo accounts should have the word 'DEMO' displayed prominently. (I think Steve suggested having a watermark on the chart or something)

"He who gathers money little by little makes it grow." - Prov13:11
forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) May 26 2011 at 09:40
How many votes are needed for this change? Ok, let's keep the demo accounts public(although that's completely useless) but they need to be at least verified.

MFB, don't you read this suggestions? Can't you see that 'Trading Systems' is flooded with more and more shady systems?
Fake brokers, fake statements, fake identities, fake systems = opportunities for scammers.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
cunod

Member Since Apr 15, 2011  97 posts cunod May 26 2011 at 21:53
Idea time!

Phase 1:
Does not need to get to technical but section stuff off in the systems when viewing the strategies.

Section 1:Backtest
Section 2:Unverified
Section 3: 1/2 Verified
Section 4: Verified

Do note, for the ones who instantly criticize people with unverified results. Some people can't verify their system, at least not in a timely manner. I have 2 private ones on here but for some weird reason I can't get one to verify. I have tired the ea and manual stuff but not working with my broker. Don't know why. I'm not to concerned about it because its not public but just for the sake of argument be aware that it does exist.

Phase 2:
Weed out the obvious crap stuff from the real stuff.

Phase 3:
The crap stuff that repetitively wind up in wherever it shouldn't be the user IP address = Ban.


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