MyLiveEA's Posts | Myfxbook

WFL014(Sponsored) in Trading Systems May 04, 2010 at 17:05

I really appreciate Wallace that your doing a real test and not a demo. You know the difference and it shows. This is a great beginning for you.I wish you the very best results possible.😁randy

GREAT NEW ROBOT!!! in General May 04, 2010 at 16:07

Great and nice low dd also.You have the right approach as long as your not greedy you will do fine with a good EA trading Forex.Example with my EA if I use the low risk setfile I made it will give you around 10% max per month but it also gives you over a 500 pip risk. This means the market would have to move against you more than 500 pips without a single retrace to blow your account. Needless to say this might happen every few years or never happen depending on what currency your trading and if it does happen you have more than enough time to turn the EA off and handle your trades manually.T...

expert in Trading Systems May 04, 2010 at 14:36

Thanks Steve..why am I not surprise I called this sometime ago. There are people who can hack in figures and verify data as real when it's not real. But this guy should have realize if he is saying he trading with Alpari UK then at least put the 5 digits in there to make it look real. This is always the case with cheaters they will go to all lengths to pretend to be something else and then miss one of the most telling signs as the one you pointed out..good catchrandy

So the contest has just began... in General May 04, 2010 at 14:12

Yes I understand your logic but this is exactly what I mean by using a demo it's not real so it helps no one. Let me ask you would you ever trade like that with real money of course not. So what you really have here is a bad form of gambling hoping your 1 lot size on 1k makes it through. This has absolutely nothing to do with trading and it is precisely why I brought up the subject of demos being no good in the first place. It's not just because of re quotes etc as I said in a previous post it has to do with exactly what your doing here and that is simply gambling with all the odds aga...

So the contest has just began... in General May 04, 2010 at 14:04

Well said I like the way you think..Happy tradingRandy

So the contest has just began... in General May 04, 2010 at 13:21

Thank you I do not mean disrespect but there is a very large difference between live and demo. Now I agree it is possible to have a EA where you do not see much difference but that is just something that happens and has nothing to do with nothing IMO.I should have change my original comment to Demos are useless when running fast moving EAs. They do work fine and are accurate with any manual trading system. Maybe this illustration would help some see exactly what I mean and again the only reason I bring this point up is because no one else will and it's the truth and if you go by demos with...

So the contest has just began... in General May 04, 2010 at 12:31

Please do not associate what I do with crap EAs.You would never achieve such results on a live account number 1 and number 2 even on your demo accounts you'll never got those numbers with a draw down as low as mine.You are right about one thing though I do have a recovery system. This is why I said Demos are no good. Your posts shows this. Your talking about all these great numbers but only on a demo lets see you run that same EA for even 2 weeks on a real account. Like I said I can run demos and make millions so what. I can run my own EA with a special setfile that will run for years with...

So the contest has just began... in General May 04, 2010 at 12:23

bla bla bla some people are a still in kindergarten. Of course the starting with my finished EA began Mar 2.If you grew a few more rain cells you would see from Mar 2 until now I have over 118%.I have already gave the reason of why the one date in February lost s much. It's was simply because I was still in the testing phase of my EA if you read more of my posts you would see that I launch my finished product on Mar 2. And read what I have posted I do not use Demos having such a real loss would be common for me when I am testing..so what's tour point..Hey i am not here to say I am bett...

So the contest has just began... in General May 04, 2010 at 04:48

Huh I think we have a slight translation problem.Let me correct you as I know every word I said. The 25k in demo is correct but as I said and my point is and has been with that where does it get you..nowhere..1. Yes it is a abrigateEA but a real one which means it will also run on live accounts and I gave my word that I would not make copies and I always keep my word..2. I really do not understand what you are saying here but I repeat I never done a demo in my life when it came to testing a EA it's always been live testing..my own experience has proven to me that you can never go by what a...

So the contest has just began... in General May 04, 2010 at 04:35

Take a good look at one of my real accounts bla bla bla you only wish you could I simply do it..Randy

So the contest has just began... in General May 04, 2010 at 03:47

Why? I do not do useless things just to show I'm correct. I know I am . I only trade for money I don't even trade demo when I am trying out a system. With me everything is live or I don't trade it..pretty simple..I don't like to waste my time if it makes money live then I keep it if not it goes in the trash. The demo is a suckers game which is designed by Brokers to give you the feeling that you really have something. Then you go live with it and surprise ,surprise it doesn't work.The other testing method which is even more unreliable is backtesting.You will find a good man...

VPS / experiences in Experienced Traders May 04, 2010 at 02:23

Not sure if this company was mentioned but I found them to be the best vps service so far. The company was started by traders and is own by a active trader. Some companies just throw in the word forex with vps making it sound like they are different but i tell you cns is different they go to extreme lengths to make sure your account is running as it should.They are all Hyper-V and I pay $30 a month for 512k memory which is fine to run up to 5 automated accounts.The owner name is Barry a great guy..tell him randy sent you.I am mentioning this only because I am super please with the service of t...

So the contest has just began... in General May 04, 2010 at 00:41

Sorry but Demos are really horrible for this kind of contests. I could have joined you all but it would have been no contest so I bailed. I have EAs that will make over $25k per day on Demos , everything works on Demos that's why it should never be used as a contest. In one month with compounding I can make over 2 million dollars on Demos, so what? try it on a real live account where you have real time data feed with all the crap that goes with it and try to make ever $1000 in a month . You won't be able to..Plus I am amazed that someone is actually putting up money for this..Now I ha...

Manual Rojak (History Record) in Trading Systems May 04, 2010 at 00:18

lol..😈

IBFX in Brokers May 03, 2010 at 22:33

Well they would be my perfect broker if they did not suck on leverage. What these brokers never think of is some EAs need that high of a leverage to run them safe. What they should do is offer 500 or 400:1 leverage on a case by case account.randy

Why people generally prefer to buy EA instead of managed account service? in Experienced Traders May 03, 2010 at 21:59

Hi,they already have such accounts and trust is not a issue at all. I think you were loser to the truth that most people simply do not know what Forex is.There a a few accounts different names but the same thing one is called PAMM. With this account the client simply opens the account however the broker will make sure that the trader gets paid his commissions while the client has complete control over his account.I often trade other peoples accounts and I do not even brother with PAMM. I just have the client give me the traders password and trade the account at the end of the month is I don&#...

Alpari UK in Brokers May 03, 2010 at 21:11

Guys I hate to tell you this but the demo feed is never the same as the live feed. It's impossible.Having said that has anyone looked into this "Swiss" broker MigBank. From the outside it looks like it might be a good one as far as keeping funds safe, the spreads are high. They do have a strong media presence advertise on Bloomberg etc.thanksrandy

My Live EA in Trading Systems May 01, 2010 at 15:52

Hi JTT well this is the problem is it not. It's the whole reason I brought this pirate site up.I have looked long and hard to find a way to protect my system and software from Forex pirate forum such ahttp://indo-investasi.com/.So far I have not succeeded. The highest protection you can have is using a web server. This is where your customer only gets the signals from the EA and not the actual EA. The one major drawback with this type of protection is it will never work well on fast moving EAs. If you have a Ea that trades a few times a day then it should work find. But if your using lots ...

My Live EA in Trading Systems May 01, 2010 at 14:35

Thank you please just ignore the other posts they have nothing to do with this. PM me with your email and we can talk further about this. You are correct hedging is indeed a art forum.Now nothing is 100% for sure in Forex trading, anything can happen in Forex trading and as you say even the best recovery system may not work.However the only time the situation gets to a place where noting works is when the market dropped a rock a few hundred pips in less than a min or 2. Noting can prevent a big loss when that happens but you will not blow your account if you have global stop loss in place to c...

My Live EA in Trading Systems May 01, 2010 at 14:16

Well I am sorry folks but I cannot let this post go by. It shows how very dumb yet dangerous this Forum and some of the members are. This illegal forum has around 30% of it content into EAs. Now I will not disagree in what the poster has said about the EAs. Only that it's pretty stupid to play with things that you know do not work.It is still breaking the law.However what this person, Karl, the owner of this illegal private site is not saying is over 30% of it content is manual commercial systems and indicators which have been decompiled and are there for free. It's quite sad that even...

All Quotes
AUDUSD	0.6527	USDCHF	0.9125
EURJPY	166.918	EURCHF	0.97928
EURGBP	0.85688	GBPJPY	194.787
EURUSD	1.07286	GBPUSD	1.25203
USDJPY	155.587	USDCAD	1.36765

EURUSD	1.07286	GBPUSD	1.25203
USDJPY	155.587	USDCAD	1.36765

Posts by MyLiveEA