NextLevelForex's Profile

NextLevelForex's profile

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Name: Remus Miclea
Bio: Traded stocks, options, indices, futures, forex, at first discretionary (2002); then changed to mechanical trading (2004). Being a software developer by passion and profession, I started coding strategies, and changed my trading style to automated (2009) and semi-automated (2011).
Trading Style: Semi-automated
Motto: "He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford"
Experience:	More than 5 years
Location:
Vouchers:	3
Registered:	Apr 25 2011 at 02:20

Recent Posts All

In 23 - PF client FxPrimus Apr 26 at 17:57

I knew that, but what I did not know was that Pip-Factory used it. When they changed the strategy late last year they said up to 12-15 positions opened, or something like that. So I adjusted my lot si...

In 23 - PF client FxPrimus Apr 26 at 14:25

To close the topic, I'm attaching the last picture I took of Pip-Factory's reference account. On April 15th I removed their account from my watchlist.

In 23 - PF client FxPrimus Apr 26 at 14:17

I finally decided to withdraw all money from this account, and close it. That’s because Pip-Factory was earning IB commission rebates, and now that I'm no longer a client, I don't intend to pay ...

In 20-40% performance fee (with high watermark) for Forex traders Apr 13 at 02:59

[quote]pt49 posted: My trading is changing, and I'm attempting to overcome my inadequacies in money management. ... [/quote] Trading is almost surely the profession with the easiest entry requiremen...

In 20-40% performance fee (with high watermark) for Forex traders Apr 13 at 02:52

[quote]pt49 posted: Hi Remus, it's interesting to see you active again in your thread. You started the thread over 18 months ago, yet you are still looking for an accounts manager. Is this true or a...

Recent Feeds Activities All

In NextLevelForex feed Oct 05 2012 at 14:44

That kind of discrepancy is almost always the result of over-optimization (a.k.a. curve-fitting). Of course the market can also have changed enough to no longer have any resemblance with the past, but...

In NextLevelForex feed Jul 25 2012 at 19:52

Having seen Fast Forex Millions fail on so many levels, I cleaned up my profile today, and removed all its demo accounts and backtests.

In NextLevelForex feed Jan 21 2012 at 09:42

I just started a thread for the testing I did and will do with Fast Forex Millions: http://www.myfxbook.com/community/general/fast-forex-millions-back-forward/243865,1

Chart

Systems

Name	Gain	Drawdown	Pips	Trading	Leverage	Type
01A - S	23.91%	10.94%	1367.3	Automated	1:50	Real
02A - A	6.69%	6.08%	195.9	Automated	1:50	Real
03A - G	82.03%	19.43%	2805.4	Automated	1:50	Real
04A - T	-10.97%	13.08%	-823.7	Automated	1:50	Real
16 - SH client FxPrimus	-34.59%	54.40%	-545492.3	Manual	1:500	Real
17 - WB client PepperS	-15.43%	22.24%	-321.0	Manual	1:400	Real
23 - PF client FxPrimus	14.57%	37.80%	1227.2	Manual	1:500	Real
24 - WB client PeppeR	-19.50%	22.90%	82.5	Manual	1:400	Real
Armada Exchange test	116.00%	11.65%	235.6	-	-	Real
Armada Exchange tst2	125.27%	11.65%	257.7	-	-	Real

NextLevelForex's Feed

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NextLevelForex
Having seen Fast Forex Millions fail on so many levels, I cleaned up my profile today, and removed all its demo accounts and backtests.

Jul 25 2012 at 19:52

SiriTrades Do you have any ideas for why it's performance has been so different from any of your backtest?
Oct 05 2012 at 13:46

NextLevelForex That kind of discrepancy is almost always the result of over-optimization (a.k.a. curve-fitting). Of course the market can also have changed enough to no longer have any resemblance with the past, but given that all other systems I tested did much better than FFM, I vote with curve-fitting.
Oct 05 2012 at 14:44

NextLevelForex
I just started a thread for the testing I did and will do with Fast Forex Millions:
http://www.myfxbook.com/community/general/fast-forex-millions-back-forward/243865,1

Jan 21 2012 at 09:42

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