Posts by Damon
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Alpari UK Classic In Trading Systems Apr 04 2011 at 11:23
Excellent so far. I will follow you, but it seems quite robust so far, makes money in favorable market conditions, goes sideways if unfavorable, awesome, I wish you luck in your climb to the top, You are the one to for me to beat, I think the other guys at the top with EAs will beat themselves. But I do not understand why you do not show the actual managed account? Do you do your managed accounts "account copier" style? It would be nice to see the actual managed account on here. I have seen Money Management make or break accounts many times over.
Trading Company In Trading Systems Apr 04 2011 at 11:07
Wow, Ben, your account looks good. But I see that in your other accounts you have been found to manipulate them -check the discussion: *** Solar shows proof that this guy manipulates accounts = RUN ! ***
Tradingcompany4 In Trading Systems Apr 04 2011 at 11:01
Wow, Ben, your account looks good. But if Solar said you are manipulating accounts and shows proof... I have seen him crack too many frauds to ignore that. Your rash communication in reply to his proof reminds of other fraudsters. If anyone is even remotely looking to place money with this guy, please follow Solars threads around myfxbook and see that he does excellent investigatory work always backed by hard facts. Also, notice the number of vouches he has... he didn't get them for being pretty.
Contest - Jira123 In Trading Systems Apr 04 2011 at 10:27
Great Job! Is that manual or EA?
Thank you Wilkinson :)
Hi Wilkinson, Actually although it does have draw down periods it works in any year I have tested it in, it is robust, in choppy periods it sleeps, BUT if it breaks out with 80 pip 1 hr candles it takes on a lot of risk if there is a reversal, I am programming the EA with pending orders on break out instead of just buying at market with confirmed break. I do have it trading pretty small, the biggest draw down I could find in history with this setting is 20% On my personal account it would take me for 50% DD Very good advise, I agree, if I wasn't convinced that it worked in the long term I wo......
Well, it looks you are going to see what draws look like in this account before you see what gains are like... Awesome.
Raiden, No, not at all. You have offered only help and advice. And my questions are legitimate and sincere. By "entertained" I meant that I had nothing to discuss in here until some trades were in the history, so by your advice and help I have someone to speak to. And I must mention your brutal Avatar every time you post. Why would you have an old Chinese CGI face for your avatar?
Hi Raiden, I have some cute fuzzy kitten photos you could use as your Avatar?! Please take them. My EA does not average down. Actually it is opposite, it will buy more as it gets more dear. Not buy more when price moves against. Please explain "Averaging down is not martingale", I thought they were one and the same? Only one Caveat needed: "Only use money you can afford to burn." :) I apply that to all trading. Thanks for keeping me entertained while this thing starts up :) Damon
Hi Raiden, I am not saying it will do 25.27% I am saying I would be VERY happy if it did that :) What are the draw downs like for these fund managers doing 20% per month consistently? And where are they? And what is there minimum account? Am I right in thinking "recovery logic" is martingale? If so, I do not use Martingale. Max lot is 10,000 -Jesus ! Thats 1 billion units of base currency... WOW. -I won't be getting that big where one pip = $100,000.00, incredible to think in that size.
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