ShareEZG - live! (by bbv2) Quick Stats
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EZG - live! Discussion
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Member Since Jul 16, 2010 52 posts
ciccio
Aug 04 2010 at 19:56
can i have information of your system?
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Member Since Aug 20, 2009 216 posts
Stephanus Rensburg (stephanusR)
Sep 28 2010 at 20:49
(edited Sep 28 2010 at 20:55 )
You need to show us at least your initial deposit. If it was only say $100 then your results would most probably be a random pot shot of EA's , lets say 100 of which this one so happened to work. If the deposit wast at least $2000 then it would be significant . The system must also survive longer than six months at least. If you keep growing it at this rate you will corner the entire forex market within a few years ... so something is amiss. Hiding your details is problematic , but not unreasonable to avoid reverse engineering. Your broker http://www.ibfx.com/
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Member Since Sep 10, 2010 55 posts
MaryJane
Sep 28 2010 at 21:07
ciccio,
perhaps u might make your ba;lance info pub;lic/. good ;luck, zero/. |
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Member Since Aug 20, 2009 216 posts
Stephanus Rensburg (stephanusR)
Sep 29 2010 at 08:25
(edited Sep 29 2010 at 08:46 )
You win rate is only 55% , this is to low. It must be at least 70%
Best Trade(pips): (Aug 02) 252.4 Worst Trade(pips): (Aug 13) -96. The longer a position is held open the larger the 'random luck factor' becomes. Nobody can predict the future and history never repeats itself. With trading there is a small window to exploit certain repeating patterns. You wold indeed have to have very large winning positions such as 252 pips due to your poor win rate of 55% . In my view anything over 100 pips becomes purely a random lucky event due to the length of time it would take. Due to your poor win rate and only three month trading history your account will blow within the next three months or stagnate, if this won't happen then most likely the account is a fabrication by ibfx.com to buy themselves free advertisement. We don't know it remains to be seen, anything is possible. Take for example the top systems at www.zulutrade.com |
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Member Since Oct 28, 2009 1162 posts
Steve Boardman (stevetrade)
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 only right 12% of the time but has a risk/reward ratio of 1/10. Currently up 247 pips after nine months and 70 trades. 11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature. |
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Member Since Aug 20, 2009 216 posts
Stephanus Rensburg (stephanusR)
Sep 29 2010 at 08:55
(edited Sep 29 2010 at 08:59 )
stevetrade posted:
Stephanus your posts always make interesting reading. 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? Since the account holder makes the claims it is up to him to make everything public, he needs to provide a way for his claims to be falsified . http://groups.google.com/group/futures-trading/t/2ecad27b1e1aa13b I will though concede that making an account public is not always a good thing to due to the fact that the system could be reverse engineered. Which is why I proposed a series of factors or ratio's that will quantify the risk:reward ratio as per http://groups.google.com/group/futures-trading/t/feaf8edc016b8a0a |
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Member Since Oct 28, 2009 1162 posts
Steve Boardman (stevetrade)
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 wolf'. In that you aren't even bothering to make sure there is a wolf there first. This approach leads people to discount pretty much everything you say. Which is a shame, because as I said. Your posts make interesting reading. 11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature. |
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Member Since Apr 22, 2010 99 posts
mirusevxs33
Jan 05 2011 at 09:22
(edited Jan 05 2011 at 09:27 )
stephanusR posted:
You need to show us at least your initial deposit. ...... not some banana bucketshop from Bulgaria but an actual broker from the USA '....The company is regulated as a Forex Dealer Member by the National Futures Association (NFA) and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant (CFTC).....' it is *really* good to know what you write... and simply *think* and do some research the regulation in Bulgaria are tighter than these in UK for example (and than these in US as well) about 'just think' - are you serious that you can not calculate what is his initial deposit??? it is on *every* row lol |
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Member Since Jan 16, 2010 41 posts
trixifx
Jan 14 2011 at 03:59
stephanusR posted: You win rate is only 55% , this is to low. It must be at least 70% Wow, i guessed I'm f*cked then. Quite frankly, your logic is flawed. One of my best systems had win rates of only 40%, but the winners were much bigger than the losers. Currently I aim for 20% to 30% with really huge winners and small losses. Looking at only % profitable trades is meaningless if the losses go out of control. It is possible to have a blown account with 99% accurate trades. Just my opinion, but aiming for very high accuracy could actually derail long-term success. |
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