NextLevelForex's Posts - Page 4

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Apr 19, 2012 at 15:57

I'm letting you know I am no longer looking for account managers, as of beginning of April. The primary reason: I have more contacts that I can handle at the moment, so I decided to focus on strengthening the relationship with them, rather than looking for new ones.Feel free to continue to post your results/links here, since there may be other people looking for you.As time permits, I'll update my spreadsheet to include new submissions and also update the info for the previous ones.Best wishes,Remus

Commercial Network Services in VPS Services Apr 16, 2012 at 15:19

Well, I'm still happy with them, and even had an upgrade complete with very quick turnaround on Friday.About your new setup: you placed your order on Friday and expect to be done by Sunday? It's just a guess, but I don't think they are staffed for non-critical requests over the weekend. And no, I don't work for CNS. And I would hardly consider your delay in setup a "problem"; it's just a delay, clearly mentioned to you as I see in your post (new account setup is delayed because server is under maintenance).

Volatility Factor - Alpari Real in Trading Systems Apr 05, 2012 at 16:03

The max basket size is one of the EA parameters (to be precise, the parameter actually tells how many positions to open when averaging down, so it would be 7 or 3 in our case). I bet the recent close of the EURUSD basket and the fact that there are no new GPBUSD positions opened in the current basket is because they changed the basket size for this official account, from 8 to 4.

Volatility Factor - Alpari Real in Trading Systems Mar 28, 2012 at 10:09

The growth curve looks cool, indeed, but to me the EA suddenly looks totally not cool. Reason? Too much averaging down. See here a basket that went all the way to 8 trades:02.16.2012 17:01 02.22.2012 11:31 GBPUSD Sell 0.10 - - 1.57124 1.57554 -43.0 -25.58 5d -0.49% 02.16.2012 17:25 02.22.2012 11:31 GBPUSD Sell 0.10 - - 1.57285 1.57552 -26.7 -16.29 5d -0.31% 02.16.2012 17:28 02.22.2012 11:31 GBPUSD Sell 0.10 - - 1.57462 1.57552 -9.0 -6.20 5d -0.12% 02.16.2012 17:36 02.22.2012 11:31 GBPUSD Sell 0.10 - - 1.57657 1.57545 11.2 5.32 5d 0.10% 02.16.2012 23:47 02.2...

NMi Super Scalper v1.9 - v1.16 DMA in Trading Systems Mar 18, 2012 at 07:01

If you read this thread, particularly page 3, you may find the answer.

NMi Super Scalper v1.9 - v1.16 DMA in Trading Systems Mar 16, 2012 at 15:30

I also have exchanged a bunch of message with Adam, and I'm not at all concerned about this being a scam.And did you not pay using PayPal (that was the only option he presented). At the bottom of the receipt it says:I would wait at least until Monday before drawing any conclusion regarding him and/or the product offered here.

Fast Forex Millions - PepS in Trading Systems Mar 14, 2012 at 02:03

That could work, but given the chaotic results (too many different trades across brokers), there was almost nothing to count on.How would you know if the EA is consistently losing, so you can apply the reverse strategy? It's probably interesting to play with that, just not for me now. I refunded the EA, and moved on to testing strategies with more consistent behavior across different brokers.

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 23, 2012 at 21:55

Because if so, it makes me believe you did not even read my original comment, posted a while back on this thread:http://www.myfxbook.com/community/experienced-traders/20-40-performance-fee-/164585,1#?pt=2&p=21&o=164585In that comment, which I thought triggered your replies, I listed a series of trades that I spotted in your account history:01.13.2012 03:31 01.13.2012 11:10 EURUSD Buy 0.50 - - 1.28630 1.26807 -182.3 -91.15 7h 39m -0.49% 01.13.2012 03:57 01.13.2012 11:10 EURUSD Buy 1.00 - - 1.28558 1.26807 -175.1 -175.10 7h 13m -0.95% 01.13.2012 08:26 01.13.2012 11:10 EURUSD Buy 5.30 - -...

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 23, 2012 at 21:42

That's your opinion, while mine is the opposite. No issue here, each one is entitled to their own set of beliefs.

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 23, 2012 at 21:41

Last time I looked at your account I posted the Pips Expectancy in column W of my spreadsheet. It was 0.0 pips, and now your account says it's 0.1 pips. So what do you want me to update? Change the 0.0 to 0.1? I think you missed the detail that I'm tracking PIPS, not $.

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 22, 2012 at 23:25

I'll be glad to update my stats, if there is something incorrectly reported. But after reading your message and doing a quick check, it looks like everything is correctly reported. I'll reply later with more info, now I just wanted to acknowledge I received your request.

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 17, 2012 at 09:30

If you verify your account (track record and privileges), I invite you to submit it for tracking (see the links in my previous post)!

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 17, 2012 at 09:27

Thanks for the info and the link! I see you have real accounts linked to myfxbook. Could you please submit the one that you consider the most representative using this form:http://bit.ly/fxmanageThen I'll take a snapshot of current stats and review it after a while as well.The stats I collected for the previously submitted systems, along with several comments, can be seen here:http://bit.ly/fxresultsHave a great rest of the week!Remus

20-40% performance fee (with high watermark) for Forex traders in Experienced Traders Feb 08, 2012 at 07:32

Congrats Matt, I see your account has the track record verified. I have published the updated version of my spreadsheet, which now lists your account on row 12 (that may change, as I sort them once in a while).If you want to prove to investors that this is your account, you should also have the trading privileges verified (place a trade with a comment that myfxbook gives you - the trade can be pending order as well).Good luck with your trading!Remus

Fast Forex Millions - PepS in Trading Systems Feb 07, 2012 at 18:50

I have now stopped the forward tests of FFM in all accounts. For more details see the message I just posted at http://www.myfxbook.com/community/trading-systems/fast-forex-millions-fxdd-real/113006,1

Fast Forex Millions - FXDD in Trading Systems Feb 07, 2012 at 18:05

I have now stopped the forward tests of FFM in all accounts. For more details see the message I just posted at http://www.myfxbook.com/community/trading-systems/fast-forex-millions-fxdd-real/113006,1

04 - Fast Forex Millions in Trading Systems Feb 07, 2012 at 18:03

I have now stopped the forward tests of FFM in all accounts. There are too many variables in this picture, and sorting them out takes too much time. I would like to gather more statistics and two positive things (the only ones?) about this EA are: it's very fast at backtesting, and version 2.1 generates lots of trades. But I also have more important things to do than test this EA, and also need the VPS resources for other tests.So let's see what I learned from my forward testing so far... One primary goal of the experiment with FFM trading at different brokers was to see if the EA is t...

04 - Fast Forex Millions in Trading Systems Feb 03, 2012 at 17:27

Yes, I hear you, Mark!Not only that the advertised backtests looked much better than reality, but the backtests I did showed less than half the claimed performance. So here are my opinions so far:The bad (and I should say very bad):- vendor backtests not done properly (several of us, independent testers, got the same, less-than-half-performance results)- the main claim that made me (and many others) buy this EA was that it was broker independent; to some extent that was true, meaning the spread did not affect trade placement. But on the other side, forward testing indicates the trades are very...

Million Dollar Pips in Trading Systems Feb 02, 2012 at 08:53

In this case I would ask customer support. I contacted them in the past, and although the replies came often with delays, I think they replied to all of my messages.

Million Dollar Pips in Trading Systems Feb 02, 2012 at 08:48

What if you go to Account History and select a custom period that contains only the lower-commission trades?

All Quotes
AUDUSD	0.65055	USDCHF	0.9133
EURJPY	166.806	EURCHF	0.9796
EURGBP	0.85763	GBPJPY	194.467
EURUSD	1.07233	GBPUSD	1.25024
USDJPY	155.54	USDCAD	1.36868

EURUSD	1.07233	GBPUSD	1.25024
USDJPY	155.54	USDCAD	1.36868

Posts by NextLevelForex