GrusCapital's Posts

Limitless EA in Strategies Jun 26, 2011 at 17:14

It seems myfxbook is already implementing changes to avoid this type of fraud:----------------------------------------Hi Grus Capital,We definitely do not endorse any statements or systems shown on Myfxbook. Strategies by definition are backtests and therefor hypothetical as says in the disclaimer at the bottom of the page: http://www.myfxbook.com/strategiesWe're going to make major changes in the strategies section.Thanks.-----------------------------------------Thanks myfxbook!

Limitless EA in Strategies Jun 25, 2011 at 22:26

I have just reported administrators.We all have to collaborate to put an end to this behaviours, and I am doing my part.I encourage all of you, serious traders, to do the same thing for any threads like this in this website.Sincerely,Grus Capital Management

Limitless EA in Strategies Jun 25, 2011 at 22:17

Hi deepak,Have a look carefully to the Full Report. If you don't have enough knowledge, then go to an Independent Financial Advisor or anyone you trust.The report is a DEMO using 99.999 lots per trade! This is simply: UNREAL! Nobody in the world can trade that amount of lots in a single trade! Have you checked the average pips per winning trade and average pips per losing trade?If you have enough money to give it away, I do please ask you to give it to Intermon-Oxfam, Amnesty International, ... or any other Non-For-Profit organization. but not to scammers like this!I can't believe ther...

Entropy in Experienced Traders Jun 21, 2011 at 10:15

Dear Chikot,You are right, I am familiar with thermodynamics laws. In fact, I believe Thermodynamics and markets have much in common, not to mention chaos theory.These are just side effects of an engineer's mind ;-)I still believe too much noise is arriving to this site.

Looking for managers - large accounts in Experienced Traders Jun 20, 2011 at 08:18

Now, please, let's get serious:That kind of advertisment you and others are launching here are totally prohibited here in Spain or any other developed country. It's totally forbidden to advertise any kind of profit when you offer investent services not being fixed income (even in that case conditions are tight).Therefore, I wonder, which country do you come from? Take in mind that offering investment services not being regulated to nationals of countries with a regulated investment sector can be punished. Your ads are reaching those kind of nationals.Let's make it a summary: IT IS ...

Limitless EA in Strategies Jun 18, 2011 at 23:00

Fraud alarms should be ringing here. Nobody hear?P.S: Have a look to the "Entropy" thread in the "Experienced Traders" group.

Entropy in Experienced Traders Jun 18, 2011 at 17:18

Dear all,The first day I visited this site, I said to myself: God damn it, a serious place for proffesional traders to show their skills! No room for pretenders!A few months later, many of you may be as tired as me of those threads saying: "Hey! I can double your money!", or "Gimme 2k and I'll get 30% for u" :)It is up to us to maintain a high standard of quality and respect to this business. As a proffesional trader, I encourage all of you guys to isolate those people and give advice to those novel investors that may be trapped in a never ending spiral of loses just ...

MANUAL TRADES (Fin Fx) in Trading Systems May 01, 2011 at 20:22

Dear Wayne,It is a pleasure. If you allow me a suggestion. It is good to see that you can stay in the positive, while having a low profit trade. So, you have just cope with a very difficult point. Therefore, from my point of view, instead of trying to get more pips per trade, I would look at how to increase positive trades. That provides a better overall performance.For us, this is one of our most important parameters, and we take a lot of care for it not to go never below 80%.But, of course, it is just a suggestion. I still believe you have a consistent trading system, just let's give it ...

MANUAL TRADES (Fin Fx) in Trading Systems May 01, 2011 at 18:56

Hello Wayne,Have been checking out your work. Good to see people understand what MANAGEMENT is all about.Keep working hard and, as Steve said: keep hungry, keep foolish.Kind Regards

Looking for managers - large accounts in Experienced Traders May 01, 2011 at 13:01

Finally, TR,Regarding Risk Management. 40% may definitely be a very high figure. Of course it is! I know "managers" who have lost 90% of an account in less than a year (new-comers, natürlich! :))Just remember this is leveraged trading. I have never reached that drawdown, but you have to be ready for that. No one that do not realized that, is fated to a fatal destiny in leveraged trading.Now, if you trade leveraged, is because you want more profit, right? Good. So, assuming trading techniques are "independent" of the asset being traded (for technical), is it sensible th...

Looking for managers - large accounts in Experienced Traders May 01, 2011 at 12:49

By the way, let me suggest that it may has something to do with US regulations because of our website, rather than the content of the post itself.That explains why the spanish version of the post is not removed. Here you have a part of the email we are interchanging with Oanda:[...]If you do not wish to provide an NFA ID you will be required to take down your website and not prospect clients via any form of promotional material/website[..]Clear enough, isn't it?

Looking for managers - large accounts in Experienced Traders May 01, 2011 at 12:45

Hi Total Recall,If considered SPAM, then I have to apologize for that. However, the definition of spam here must be carefully defined. I was providing one free signal a day (as part of our management model). Now: How many users post their positions, analysis, etc...? And, even more: Does any of them post signals IN ADVANCE and in a detailed manner (not just "buy/sell around xxxx level and look for this or that resistance/support level".They only removed our post, not hundreds of other with same kind of content.I was just sending an EXACT entry point. An exact Stop loss, and an exact ...

Looking for managers - large accounts in Experienced Traders Apr 27, 2011 at 22:02

99% with you.I try to make my clients understand that, sometimes, being out of the game for 1 day is as (or much more!) profitable than trading! When you have 20 days of profit in a row, clients forgot about the intrinsic risk of the market.Anyhow, it seems we all know here what are we talking about ;) And I like that, because the net is full of scam, new-comers, and gimme-your-money people :)Greetings from Spain, and have a good night!

Looking for managers - large accounts in Experienced Traders Apr 27, 2011 at 21:44

@baraban: You are right in some respect. However, from my experience and point of view, I'd never say risk in the stock exchange (non small caps, but indices and blue chips) are as risky as leveraged products. Even considering a lack of counterparty, the 1 to 1 ratio would never put in a compromise your balance situation, at least that the level of a share or price goes virtually to zero. Even considering that, we've seen loses of more than 20% in the last years. Therefore, we should provide a bigger range to a leveraged product, but VERY cautiously.@Chikot: One of the easiest things t...

Looking for managers - large accounts in Experienced Traders Apr 27, 2011 at 17:18

I agree your comments, Chikot. Just one note, setting a 10-20% limit of loss for an overall trading scheme seems very tight to me. Let me explain:A loss of 20% is easily reached in the "normal" stock exchange markets with "low" risk products (i.e. shares). If you wish to invest in leveraged forex, you have to take proportionaly more risk.I am 100% in favour of such a limit you talked about, but a little higher (let's say, up to 40%). Nevertheless, in my own opinion, a manager who lose 40% of an account in less than a year, is not worth it, or is a newcomer trying to mak...

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