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[quote]Financialarts posted:
[quote]FxMasterGuru posted:
Just as an illustration: with approx 38k USD balance these are the open positions of SIM's Martingale EA:
Open Date Symbol Action Lots Open Price TP SL Profit (USD) Pips Swap
01.24.2013 10:15 EURUSD Sell 0.12 1.3295 1.3535 1.3798 -43.68 -364.00 -0.33
01.24.2013 10:30 EURUSD Sell 0.12 1.3329 1.3535 1.3832 -39.60 -330.00 -0.33
01.24.2013 17:30 EURUSD Sell 0.21 1.336 1.3535 1.3863 -62.79 -299.00 -0.63
01.25.2013 09:15 EURUSD Sell 0.37 1.3413 1.3535 1.3916 -91.02 -246.00 -0.97
01.25.2......
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Hi Splexin,
Please don't get me wrong, I don't mean to prove you or Arcsine law wrong. You are right on the probability.
I also do not mean to offend any of the traders and Forex services providers either at myfxbook or would wide. You guys are great and contributing a lot by researching and providing more opportunities to Forex world.
Please continue this discussion with the revised questions by Fx Master Guru: Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than -25% max. DD using a non-Martingale strategy......
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Hi FX Master,
Honestly, I am nobody in Forex world or at MyFxBook if compare to so many traders here so called themselves professional traders. After reading this discussion, at first i do not want to show my link. But then when I see Splexin said it is almost impossible to get 24 months of consecutive winning month, then only I want to show him, although the probability is less than 1% but it does not mean impossible or nobody did that.
I can tell you there are at least 5 more accounts(I know them) in myfxbook have met your requirements, just that these people they would like to stay low p......
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[quote]Splexin posted:
[quote]pip2cash posted:
Hi FX Master,
A verified MyFxBook link, with average 5% monthly profit over last 2 years, and with equity DD of less than 25% !
Who say it is not possible to have all winning month? Someone say the probability to have straight 12 winning months is 0.64%. Can you calculate for me what is the probability for straight 36 of winning months? I am not so good in math but if i am not mistaken is it 0.21%?
Take a look at the link:
http://www.myfxbook.com/members/pip2cash/2nd-showcase-account/23063 The account leverage is 1:100 .
Regards,
SIM
[/quote]......
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[quote]Splexin posted:
[quote]pip2cash posted:
Hi FX Master,
A verified MyFxBook link, with average 5% monthly profit over last 2 years, and with equity DD of less than 25% !
Who say it is not possible to have all winning month? Someone say the probability to have straight 12 winning months is 0.64%. Can you calculate for me what is the probability for straight 36 of winning months? I am not so good in math but if i am not mistaken is it 0.21%?
Take a look at the link:
http://www.myfxbook.com/members/pip2cash/2nd-showcase-account/23063 The account leverage is 1:100 .
Regards,
SIM
[/quote]......
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[quote]FxMasterGuru posted:
[quote]Quick100 posted:
between 5-10% is possible, yes, do it now since May 2012 for an client[/quote]
Do you have a verified MyFxBook link? Anyway, the questions remains the same:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit over the past 2 YEARS(!) and with less than -25% max. DD...?
So far: nobody.... I guess, it tells a lot about the chances of "Average Joe Trader" finding a "gem" here or making a decent living by trading Forex on his own.[/quote]
Hi FX Master,
A verified MyFxBook link, wi......
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Hi,
What do you mean by "achieve success"?
Thanks,
SIM
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[quote]TheLastBear posted:
Hey guys,
does your broker offer a debit card which you can use for transactions directly from your forex account? Would you use it or do you think it would mess up your trading and make it more complicated because you always have open positions? If your broker does not offer one, would you want that option?[/quote]
Hi,
I do use debit card offered by my broker since 3 years ago. It is very good when i want to withdraw small amount of money from my trading account such as $100 to $200. I use debit card because bank wire will cost me too much and not worth the cost......
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This amount of lotsize "253,874.73" for 914.6 pips? Everyone can calculate the average pips per lot.
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Hi Ray,
This quote sound more sense to us "what is YOUR answer to that personally". I think the question is very clear now.
Would like to see more reply from different traders and if possible please state your trading strategy as well. Thanks all in advance.
Regards,
SIM
[quote]rjm354 posted:
[quote]pip2cash posted:
Hi Ray,
I think this has no fixed rule. This is depend on personal risk tolerance and the trader's trading strategy. Same trading strategy for different trader will have different risk management. This is one of the reason how come a same strategy will give opposite ......
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