Posts by SaltyWaters
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@pipsquick
"you will not be able to see any of the open trades or make any changes or even close a trade out if you don't like what you are seeing"
For the record - it's called Allocation method either 1) Percent Allocation by P/L or 2) Proportional Allocation by P/L.
It's neither illegal or a crime. it's an allocation method like the others given to the manager to choose from.
It's in place to avoid "free riders" from taking advantage of the strategy in play either from copying the trades from the pamm and use it in another personal account or in some cases selli......
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:::WARNING:::
This is a High Risk strategy, but the reward is worth the risk (I do think so [smiley]).
I use automated Trailing Stop and manual Equity Close as SL.
There won't be more than one trade open at the same time and there's no increments in this strategy.
Most of the time trades are closed within one day or two but there may be an occasion or two that they may go open for several days before closing
I keep open trades under supervision and if I detect anomalies or signs of a bad trade, I close it manually.
If everything goes accordingly to the backtest this strategy will double e......
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Indeed, without sounding that I'm attacking you Forex RingLeader I agree with xgavinc. What stops you from publishing a Real account?
[quote]xgavinc posted:
I'm curious... if the system is so good, why is the 'proof' always shown through demo accounts? I have made millions on demo's with various systems and they crash and burn on live accounts. I'd say, put you money where your mouth is and show us live account stats over 30, 60 and 90 days. If you want to be taken seriously, only live stats will work, 'FACT'.[/quote]
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@ Geereg & @ Steven Jennel
That happens as well when the broker changes servers. In this case one should check with the broker to find out what's the server for the account or when you login into your account see what server is it login in to and then contact myfxbook to update the server's address.
Cheers,
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Hey Geereg! Good stuff man. I'm glad to hear you're doing well. Don't let it slip away though. [smiley]
I'm trying to take this one to the top: http://www.myfxbook.com/strategies/changedirea-v10/24944
Let's see if I can get there before it blows. [lol]
To update your myfxbook account try this: go to settings, edit your account and click connect.
Good luck to you on your ventures!
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I like that!
Meet you at the top. [smiley]
I've Just noticed you have to switch to Real.
[quote]Fxringleader posted:
Or have a large account but trade very small amounts oh and trade non-stop at hyper speeds
- see example here --- > https://www.myfxbook.com/members/Fxringleader/fxringleader--professional-grade-automated/425943
Keys 2 doubling:
1. Consistent Small amounts ( No Gun-Ho [Shoot From the Hips ) Over Leveraged Trades...
2. Hyper Speeds
3. Realistic expectations
4. Don't hesitate to cut a losing position
5. Place about 300+ Trades per day
6. No Fear......
[/quote]
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Thanks for the appreciation David.
"Wasn't it too risky?" Forex is a risky business regardless of how much of your money you are putting on the line. As soon as you open a trade your money is at risk. Is up to one to decide how much one wants to risk and it has nothing to do with lack of knowledge like "thelastbear" wrote in the previous post. I don't know what school did he go to, but that doesn't make any sense.
e.g. A car racer is risking his life and he knows it. An Astronaut is risking his life and he knows it.
I see that you are new in the business. Welcome. The b......
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Mission accomplished in 4 weeks. I had some technical problems at the start.
http://www.myfxbook.com/members/SaltyWaters/changedirea-v10/403879
Next: to infinity and beyond! [smiley]
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You must be upside down to see it that way, frikin idiot.
[quote]Chikot posted:
You can say whatever you want, I am at the top of my game and when trends develop you will see it.
[quote]SaltyWaters posted:
I just don't understand Chikot, you always talk like you are on top of the game when indeed your results are quite poor to teach someone or even to put someone down because you don't understand their strategy. You are in the "red" buddy and it's been long time and it seems you are unable to get out of it. I'm not here to defend saeed, I don't really care if his strategy is goo......
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You don't even know what trend trading is, because if you knew it you wouldn't place scalping SL on your trades.
Oh, yeah you are probably trend trading on M1 timeframe, frikin idiot.
[quote]Chikot posted:
Get lost.
[quote]SaltyWaters posted:
This is where you fail you think you know better than others and others no nothing about trading. I've been trading longer than you and I don't disrespect your lack of knowledge but you are just full of shit, indeed. You started trend trading just a few weeks ago firkin noobie.
[quote]Chikot posted:
I would not say I am looking for 5000 pips runs......
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