Posts by jonnyrich007
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MyFXChoice Real Test In Trading Systems Jul 26 2013 at 00:46
Note: Crisis Killer testing was a miserable failure. The way they were marketing it to people who have less than $500 to open an account with, it is pure crap. No question about it. It will only work if you have a minimum of $10,000 and even then you will get a margin call. Guaranteed. So this test was a failure. Cannot recommend Crisis Killer to anyone.
Once again. Your account will go to crap if you run Forex Steam on non ECN account. OK? People who know nothing barking up always make me laugh. It is a live account reporting site MT4Live. Nothing can be manipulated. FinFX and ECN feeds are superior. What backtests? It is a live trade reporting. Some people just make me laugh always. Then don't buy it. Simple isn't it? So if you cannot see the same result, it must be a scam right? Broker won't make a difference? Your VPS or your computer won't make a difference? And notice that these naysayers never mention the broker they are ......
13. Forex Steam In Trading Systems Jan 25 2013 at 13:44
This is a horrible performance. Proves that winning percentage means nothing.
Old data is not relevant at all. It only aids in giving people false confidence and you are really inadvertently curve fitting your settings to past data. Obviously, horrible performance on historical data sucks but problem is people get overly confident on good performance on historical data. And you only end up curve fitting your system to past data. That is basically pointless. You cannot trash system sellers and EA vendors for curve fitting while actively curve fitting yourself.
Just look at his results! Quite pitiful really. Profitable traders never offer to manage anyone's accounts.
Or just bite the bullet, spend the money to use the top ECN broker & the best VPS service? If the broker is top notch, they will have their servers in NY4. And if VPS company is top notch, their servers will be NY4 as well. Beeksfxvps and their cross connect partner brokers is the best bet.
That is the point. Useless to compile data of traders all over the world using various methods to trade. Either they are using dialup on their pc or on cross connected VPS located 5 yards away from their broker's servers. Also, if latency was of importance, wouldn't you just compare the ECN brokers & VPS providers who provide NY4 located servers? And brokers that has their servers in NY4 as well?
I experienced slippages both in my favor & against but never have I experienced requotes!
And what you listed are not indications that the brokers are bad or good.
Again moot. Since the traders' location matter as well. Whether they are using VPS located 2 yards away from broker or 10,000 miles away. If you used a VPS cross connected to your broker's server in the same city or even the same room, none of that would matter.
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