Master_Kiwa's Posts - Page 4

Do you think 1000% a year is sufficient ? What is your performance ? in General Jun 25, 2014 at 14:54

Very good stat with that account Togor. The only thing is the dd is wayyyyyyyyyyyyyyyyy to high considering the avg lot size which is taken. None the less the % change is excellent. Imagine if the lot sizes were 2x as much. The account would of margin called many moons ago. The fact is it hasn't, and the small trades will make it hard for it to pop!

Do you think 1000% a year is sufficient ? What is your performance ? in General Jun 25, 2014 at 14:51

I understand that you can't do it. Yet it doesn't matter. The fact is people tend to take much higher risk trades with lower equity then higher. That is a known fact, which is why most of the accounts which you see with 1000% profit in a week or 2 weeks had such small deposit amounts. Then once everyone starts to follow them the profit aren't the same.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 25, 2014 at 14:46

http://www.myfxbook.com/files/Master_Kiwa/drawdown2.pnghttp://www.myfxbook.com/files/Master_Kiwa/drawdown1.png So look what we had there. 300 USD PER LOT TRADE! In which the Pip-drawdown was less then 2 pips. :) Mmmmmmmmmmm Had that trade went against me 10 pips (which to you is nothing) I would of been in red 3000usd! Accuracy CrazyDemoTrader is what my system is based upon. How do you think I keep my dd% so low? Anyway time to take a nap and enjoy today's profit! Peace, love, and happy pips. http://www.myfxbook.com/files/Master_Kiwa/goodtrades.PNG

Do you think 1000% a year is sufficient ? What is your performance ? in General Jun 25, 2014 at 11:36

You haven't done it yet with ALLLLLLLLLLLLLLLLLLLLLL the accounts which you have posted. So how much BS is it, if you haven't been able to do it yourself?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 25, 2014 at 11:30

Thank you so much for the advice Lord Demo. I will be sure to follow it. Now will you stop talking to me?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 25, 2014 at 11:06

This is accuracy. I can understand you don't focus on it, but maybe you should. http://www.myfxbook.com/files/Master_Kiwa/somethinglikethis.PNG3.00 lot size I am pretty sure if you ever deposit to a real account you would NEVERRRRRRRRRRRRRRR use a lot size of 3.00 Now if your going to use a lot size of 3.00 you better make sure your entry is picture perfect. That is all I am saying. So since you claim to have done the 20 trades, please send snapshots of all 20 trades within your chart. Let's see if you were able to hit 3 pips profit before 3 pip loss 50% of the times. Until you actuall...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 25, 2014 at 10:57

Why are you showing todays trades? Also why not stick to what was agreed upon. If you lack the ability of doing it then I understand. I would love to go through all of your trades, but frankly your a demo trader! DEMO is as good as driving a simulator, and not the actual 18 wheeler. I am to busy making trades (with real money) to disapprove your silly theory that scalping 3 pips is easy before losing 3 pips. Just as you took the time to post that 1 chart, why not do it with the ACTUAL 20 trades which you placed. Since your a DEMO trader you should have all the time in the world to do that. I&#...

Low volatility in Experienced Traders Jun 25, 2014 at 07:09

Hello Ivan. I would like to know where can I find a list of currencies which have high daily trading ranges. Before Mario's speech last month, I noticed EJ had the largest range. Since then EJ trading range is almost as small as EU. I wonder if there is a website which keeps track of the daily range of each currency. I believe having that information would lead to very interesting discussion for us all.

Do you think 1000% a year is sufficient ? What is your performance ? in General Jun 25, 2014 at 07:02

You won't even have to do it every year. One time would be enough. The only thing is it is much more difficult to turn a 10k account over 10x compared to a 100 usd account.

I bought EA from one of the guys here that approached me, in General Jun 25, 2014 at 06:51

Not to all. Why buy an EA and get scammed! When you can just follow the person in a PAMM account? If you seriously think about it, if an ea works well why would anyone sell it?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 25, 2014 at 04:03

Since you want the 1k, please provide the snap shots of your mt4, in which you took positions which you held for more then 10 mins. http://www.myfxbook.com/files/Master_Kiwa/likethis.PNG Have a look at that trade. What do you notice? Do you see how after I entered the position I didn't give the market any pips back? That is a low drawdown. I can assure you that those trades which you closed for 3 pips profit, and held for more then 10 mins, resulted in you being in RED for most of the time. So since you say that myfxbook seems to have an error (only with your account) in calculating the p...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 22:29

Well I don't recall saying that, yet why don't you deposit in real account, and see how well it will go .

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 22:04

Well why haven't you deposited with real money then?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 20:35

Well that is just it CrazyTrader. Your in DEmo and I am in real. In demo you can take as high as a lot size as you can, because the money isn't real. Being that I am in trading in live, if I am going to take a "high equity" trade, I would want that trade to have a low drawdown. Why? Because the lower the pip-drawdown the LOWER my dd% will be. My account is at 12k usd for example. If I want to wager say 8.00 lots. Would I do it in a formation which has a HIGH-drawdown? Or would I rather do it with a position which has a LOW-drawdown.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 20:14

When I get home I will log in and take some snaps so we can do a compare and contrast ok.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 20:14

What I am saying is it doesn't matter if you close the trade in profit or loss. Remember pip-drawdown is calculated by the amount of pips you were losing in any given trade before it was closed. So you may of won 3 pips, but if before you won the 3 pips you lost 20 pips, then that is a failed trade

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 20:01

You can sceptical about my scalping all you want. Yet the good trades reveal that I am actually scalping. Take a look.http://www.myfxbook.com/files/Master_Kiwa/today.png For every 1 pip I risked.... I actually EARNED 7! Those are the stats scalpers look to have. That means once they get in, they never CLOSE in red (depending on the tf they are using) So for that trade I used the 5m. So once the 5m closed, I never closed in red!

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 19:54

Crazy trader I am not adding conditions. I am meerly making an observation. If you are only aiming for 3 pips profit. Why would you hold a position for hours? Only to trail stop your profit at 3 pips. Scalpers who hold positions for hours typically have huge drawdowns. If you like give me the investor password of that account, and I will post the charts myself to prove what it is I am saying. Yes you had a bunch of winners, but the winners of 3 pips don't count if you had a drawdown of more then 3. Remember you had to gain 3 pips before you LOST 3 pips. That you said to me was "very ...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 16:53

For your accounts it may not be, but for my accounts they have been very reliable. Oh well. Feel free to post the actual trade with the chart, that way we can tell when it was your entered. it will be very easy then to see if your pip-drawdown was less then 3. Yet, as I mentioned because you were only aiming for 3 pips, and if you held a position for more then 15 mins, those position alone have you giving the market more then 10 pips on avg.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 24, 2014 at 15:40

Your forgetting one little thing. You have to show me your pip-drawdown. Remember you have to gain 3 pips before you lose 3 pips. And from the tell of your account history, I dont think you were holding positions for longer then 1 hour without going 3 pips in red! So your theory has not been proven yet, until you post your pip-drawdown.

EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
USDJPY	155.791	USDCAD	1.36714	USDCHF	0.90645

Posts by Master_Kiwa