SharePosts by myfxpt
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That is why competitions should require more than simply the trader with the greatest return. There needs to be balance between the return achieved, and the risk taken in getting there. I agree with Roling Stones above, which worries me especially when these competition winners set up their very own signal services.
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[quote]forexpipcatcher posted:
[quote]shift69 posted:
[quote]supertrader91 posted:
Dear pipcatcher,
I have that ea...you want me to give it to all of them?? Please don't scam people.[/quote]
pls give us the EA[lol], so that the scam is terminated[lol], tnx[/quote]
Wow Gary you have more I.D's then brains [/quote]
[cool]
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[quote]forexpipcatcher posted:
[quote]myfxpt posted:
Let's see if I have got this correct. You trade 10,000 lots per trade, your track record is unverified, trading privileges are not verified, 62% drawdown, and trading this particular demo account since 11 Jan 2013...6 days![/quote]
WOW did you analyse this all by youself or you got someone to help you?
Let me see it trades 10k lots if it werent making money would it be trading this much?
Did it start with this much or did it earn the right to trade this much?
Record unverified... I verified it who else needs it verified? Not like I ask fo......
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Let's see if I have got this correct. You trade 10,000 lots per trade, your track record is unverified, trading privileges are not verified, 62% drawdown, and trading this particular demo account since 11 Jan 2013...6 days![/quote]
WOW did you analyse this all by youself or you got someone to help you?
Let me see it trades 10k lots if it werent making money would it be trading this much?
Did it start with this much or did it earn the right to trade this much?
Record unverified... I verified it who else needs it verified? Not like I ask for your authority or anyone elses that has so much tra......
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[quote]wilderp posted:
Why is this in the 'Experienced Traders' section? Any experienced trader would not recommend a losing strategy like this.[/quote]
Imagine if this was posted in the "New Traders" section? At least we kinda know what to lookout for. A "Forex Mentor" with no track record = run away fast!
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I think new traders ought to start with this thread[cool]
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Generally I risk 2% of equity. But...I also watch my win/lose ratio and average win/average loss per symbol. Where I achieve a very low Risk of Ruin I increase risk to 5% on equity, but on high risk of ruin I reduce risk to 1% or less of equity. Works for me.
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[quote]0122 posted:
I will give you 5% return every month safe
sanjay
918102281894[/quote]
No wonder there is so much sceptism towards forex trading. Did you mean -50% per month?
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[quote]Janeth posted:
[quote]Jome82 posted:
I want a safe 4% each month...
Which EA?? Thank you[/quote]
Forget forex. You will eventually loose. I advice you try sports arbitrage. Its easy, risk-free and yields an average of 10-15% monthly. Since I discovered this I'm very glad I quit doing Forex.
If interested, send a pm and i can show you a screenshot of my program.
cheers [/quote]
So, other than promoting "sports abitrage", what are you doing here?
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[quote]forexpipcatcher posted:
[quote]JohnMandrake posted:
Achieving a big profit and doubling your account in a few months is fairly easy. The tricky part is doing it without risking to lose your money.
I have coded EAs which are designed to withstand a financial shake-up like one of those over the past decade. I am currently running them on live accounts, you can find them on my profile. I´m achieving a few percent per month currently. This could be upped, but it would increase the risk. The current setting is oriented on the big meltdown in 2008.
If you want your money to be safe, use......
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