mkingbeats (by mkingbeats) クイック統計
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ciccio

会員 Jul 16, 2010  52 件の投稿 ciccio Jul 21 2010 at 18:33
hi king do you manage account?

do you have results bigger?



mkingbeats

会員 Sep 29, 2009  4 件の投稿 mkingbeats Jul 22 2010 at 00:09
I don't currently manage accounts but will in the future. My results are small because I really only look for long term trades that last 3 or more months. I do take smaller trades while looking for the big ones sometimes. I am working on launching a FX signal trading service based on my trading system. Keep in touch.

stephanusR

会員 Aug 20, 2009  216 件の投稿 Stephanus Rensburg (stephanusR) Jul 22 2010 at 20:30 (Jul 22 2010 at 20:31に編集 )
Your account had impressive equity growth because you rode the huge swing down. This type of trading won't work in a counter trend which is why your eight open orders are showing large pip losses. The crash in the Euro was an historical event that won't repeat any time soon, as the market now enters a counter, Dow and Euro stabilizes , the previous trading method will likely not work. A rising tide lifts all boats, if one trades in the direction of the trend , equity will increase, but then comes the counter trend blowing the account. I also don't believe your account is fake, many of the other accounts showing 200%+ gain are fake.


mkingbeats

会員 Sep 29, 2009  4 件の投稿 mkingbeats Jul 22 2010 at 22:41 (Jul 22 2010 at 22:45に編集 )
Stephanus, keep watching and see if I blow my account. This is just one of my accounts. Riding trends is not the extent of my trading ability but if your trading FX you better be able to spot a trend, if you can why not ride it? Anyway I'm not on this site to compete with anyone I just came across it and thought it was cool, so I gave it a try. My account definitely is not fake, I'm not trying to sell anything just trading my own money. One thing I have learned after trading for years is that everybody trades differently, what works for one won't work for another you just have to do what works for you after years of screen time. Also if you go back in time on your EurUsd Daily chart (the only one I trade with) you will see that this pair regularly trends in one direction for months, you should know that if you really have 5+ years of experience. Have a nice day.
 
P.S. You won't blow your account if you don't over leverage, I've learned that lesson years ago!

stephanusR

会員 Aug 20, 2009  216 件の投稿 Stephanus Rensburg (stephanusR) Jul 23 2010 at 07:12
mkingbeats posted:
    Stephanus, keep watching and see if I blow my account. This is just one of my accounts. Riding trends is not the extent of my trading ability but if your trading FX you better be able to spot a trend, if you can why not ride it? Anyway I'm not on this site to compete with anyone I just came across it and thought it was cool, so I gave it a try. My account definitely is not fake,

Correct your account isn't fake because you shorted and just hanged in there for the ride. But accounts that make 10pip profits and post 400% are in 99% of cases fake due the market following a random walk. 99% of traders don't know what patterns to look for in a counter trend and will lose their equity over a six month period. I wish you best of luck in trading!

mkingbeats

会員 Sep 29, 2009  4 件の投稿 mkingbeats Jul 23 2010 at 19:21
After checking your background out a bit I see you have the credibility to question results on this site Stephanus, I made my account on this site awhile ago and never really thought about it any more until I started getting messages from people. But after you post the comment on my system I did go and take a closer look at some of the other systems people have post and now I see why your scrutinizing everybody, There definitely allot of clowns here trying to rip new traders off by playing off peoples desire to get rich quick without working. So that said I'm glad you are on here exposing frauds. I myself am a self taught trader that traded demo accounts for 4 years (with no mentor because I didn't have money for one, nor could I find one I could trust anyway!) before going live and have now been trading live for 2 years, I know trading is not easy, nor do I try to tell other people its going to be, when somebody ask about trading I tell them they need at least 2 years of studying and demo trading or they can forget about making money in FX, and then you will be lucky to break even after all that! By the way didn't mean to snap back at you, I just didn't know what was going on until I examined this site better but I wrote you back before I did that, so sorry about that. I should have known this site would be full of people scamming, MyFxBook needs to do something to stop the fakers! Don't look like you need any luck trading but good luck to you too.

kishorejoga

会員 Sep 12, 2009  312 件の投稿 kishorejoga Jul 24 2010 at 09:35
good effort mkingbeat ,I am also leaning fores for last 2 years
I used to do ok with swing trade but i the middle i have become greedy
I have fallen pray to one of managed account guys
who showed me cents account as dollars and i gave my dollars account in december last year
he has blown my fxdd and alapri accounts

stephanusR

会員 Aug 20, 2009  216 件の投稿 Stephanus Rensburg (stephanusR) Jul 26 2010 at 10:28 (Jul 26 2010 at 10:47に編集 )
kishorejoga posted:
    good effort mkingbeat ,I am also leaning fores for last 2 years
I used to do ok with swing trade but i the middle i have become greedy
I have fallen pray to one of managed account guys
who showed me cents account as dollars and i gave my dollars account in december last year
he has blown my fxdd and alapri accounts

I posted about your type of situation elsewhere. A trader sets up hundreds of fake real accounts or even genuine real accounts seeding them with $100, but then only reports on that one out of 100 accounts that made money. Since he takes 30% cut of a winning account, he can't lose. Even http://www.barclayhedge.com

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