Posts by me7062a
62Pip In Strategies Sep 09 2011 at 13:55
I take it back. Your pips have gone negative, and your win % too. Not a positive expectation after all.
Hi Reverse, I completely agree with you. I just found this page today, and the last 9 systems I've looked at on myfxbook were complete rubbish. Massive percentage gains, but a massive and unacceptable risk of ruin. Some even had negative pips, which means they are long term losers, guaranteed. I came to fx from an online poker hobby, so thankfully I understand a lot about how short term gains are completely misleading, even if you have hundreds of trades (Poker is even more volatile than trading, and risk management is key to survival). Oddly enough, the myfxbook analysis on "risk of......
Thanks! That's pretty great. However, where can I find what to change my investor password to? I changed it to the authorization key in myfxbook, but that didn't work to verify trading priveleges.
Man, OANDA doesn't let you use the comments field in MetaTrader 4. It automatically lists the order number in comments :(
To the original poster, if there's someone making 50% a month on 10k CONSISTENTLY and is just breaking even after living expenses... tell that man to take out a loan. Even at 20% APR, he'd start making a ridiculous profit. It's such an easy solution to become incredibly wealthy (and you can do peer-to-peer or other unsecured loans if he has bad credit), I have trouble believing that anyone who can make 50% IN A MONTH consistently hasn't thought of it.
62Pip In Strategies Aug 18 2011 at 14:02
Interesting concept, using a martingale in a positive expectation system. Low short term variance vs. high long term variance... I came across martingales in the negative expectation world of gambling, so I never even thought about it. Could prove useful, but I don't think I'm ready to try it myself.
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