stephanusR's Posts - Page 2

PAMM (Managed Accounts) running for +1yr in Trading Systems Oct 04, 2010 at 05:15

What is your real name, calm down, focus and provide us with more information about yourself. At the moment things aren't looking that good for you. Stop attacking Solar, his trading methods isn't the topic of discussion but your claim to PAMM proficiency. Solar wrote:"...If you're not Robert Waltos why the hell would you call your system RWFX which is very similar to RWFXM which was one of Robert Waltos systems...."Excellent observation, Sherlock would be proud of you. The probability of choosing RWFX by random luck would be 26x26x26x26 = 456976 or 1 out of 450,000

PAMM (Managed Accounts) running for +1yr in Trading Systems Oct 04, 2010 at 05:13

Hats off to you Solar, I think you are correct. He posted: "...Go learn how to trade... or humble yourself and maybe... just maybe someone will feel sorry for you and teach you how to trade. Now off you go. Go and do something productive with your time... like learning how to trade. Geez... what a clown !..."and http://www.myfxbook.com/community/trading-systems/rwfxm-kingdom/33058,1"...1. To say it nicely, I simply don't really care if someone believes me or not, not my problem and I'm definitely not going to advertise my and my investors' balances out here. ....&quo...

PAMM (Managed Accounts) running for +1yr in Trading Systems Oct 03, 2010 at 15:12

Solar, his annualized gain is around 144%, people are so desperate to make a return on capital in a 0% interest rate environment that I think he already has a fair number of investors and probably coping fine with the capital he is trading. I just hope he can keep up this performance and wish him all the best.

PAMM (Managed Accounts) running for +1yr in Trading Systems Oct 03, 2010 at 14:18

What I like about the chart thus far is 15 trading sessions with not one of them seemingly in negative territory. If you can keep this up it would indicate engineered trades as opposed to gambling. But we don't know the history of the trades which is acceptable if you don't want your method reverse engineered. There are large trading gaps which probably means you kept losing positions having large equity draw-downs for days on end. This would be a negative sign because the longer a trade takes to become a winning trade , the more the "random luck" factor increases. We need a...

Account Management Program in Trading Systems Sep 30, 2010 at 09:38

Last four months you had 14 losing days out of 80 and a 55% winrate. Thus I predict that within the next six months your account will be blown. It isn't sustainable to trade at a 55% win rate. Must be at least 70% . Good luck though, will be watching your progress with interest.

Maximum Difference between Equity and Growth in Suggestion Box Sep 30, 2010 at 09:25

I don't think they will implement this due to the need for a high click through rate to see adverts. One could create a system that will filter out virtually everything and only zero in on those one or two systems that generates a gain within an acceptable risk reward ratio,but then nobody will click through the other systems. But I have voted for your suggestion. The risk: reward ratio determines the long term sustainability of a system.

List days positive and negative equity in Suggestion Box Sep 30, 2010 at 09:23

Display the number of days a net pip gain was made and number a net pip loss was made. The more days a trader generated a net gain the more likely his results are sustainable and engineered as opposed to gambled.

Vip21Kcom in Trading Systems Sep 29, 2010 at 21:58

Digital Dealing is the listed broker on the stats page , it is the firm http://fxstart.ru themselves editing their MT4 server uploading fake results.

FXOpen - USD in Trading Systems Sep 29, 2010 at 21:46

Why would one place $100 000 with a known scam company. They are regulated by nobody and were outed by forexpeacearmy as frauds. Place no more than $2000 if you must but a $100 000? Why didn't you rather place this with Alpari, unless this account is yet another fabrication, which is more likely.

NightRide v2.26 - EURUSD in Strategies Sep 29, 2010 at 14:29

Thanks for pointing it out. We don't know his strategy thus we don't know whether the account he labeled NightRide uses the same methodology as this one. Note that saying he does use it is not acceptable , we need proof. But since he won' t reveal his method we can't falsify his assertion. It might be true or not, we can't say. Also note that the account had two months of negative equity. Just one month of negative equity would be a red flag.

NightRide v2.26 - EURUSD in Strategies Sep 29, 2010 at 14:07

The strategies section is only backtested , you have not yet forward tested this system. Unless you have an account under http://www.myfxbook.com/members/bcsendes ? With back tests we can run any set of arbitrary parameters , trying out thousands of different combinations. But this set of parameters will not work in a forward test because history never repeats itself. Your back test ended May, if you were to back test from June, July, Aug, Sept then the system will fail. Note that I differentiate between history and repeating patterns. It is possible to time the markets but this is based on ...

EZG - live! in Trading Systems Sep 29, 2010 at 08:55

Since the account holder makes the claims it is up to him to make everything public, he needs to provide a way for his claims to be falsified . http://groups.google.com/group/futures-trading/t/2ecad27b1e1aa13bI will though concede that making an account public is not always a good thing to due to the fact that the system could be reverse engineered. Which is why I proposed a series of factors or ratio's that will quantify the risk:reward ratio as per http://groups.google.com/group/futures-trading/t/feaf8edc016b8a0aRichard Dawkins chided people for their 'fallacy of incredulity' . ...

EZG - live! in Trading Systems Sep 29, 2010 at 08:25

You win rate is only 55% , this is to low. It must be at least 70% Best Trade(pips): (Aug 02) 252.4Worst Trade(pips): (Aug 13) -96.The longer a position is held open the larger the "random luck factor" becomes. Nobody can predict the future and history never repeats itself. With trading there is a small window to exploit certain repeating patterns. You wold indeed have to have very large winning positions such as 252 pips due to your poor win rate of 55% . In my view anything over 100 pips becomes purely a random lucky event due to the length of time it would take. Due to your poo...

Tradewise drawdown in Pips. in Suggestion Box Sep 29, 2010 at 07:46

This must be combined with the win rate. If your win rate is 80% and your pip gain is 10 pips(TP) for a SL of 10 then you will gain 60pips from ten trades. If your win rate is 50% you will gain 0pips from ten trades. Furthermore the win rate must be weighted as % of equity. At Oanda you could execute 1000 one penny trades which is conflated with lets say 2 standard lots , misrepresenting the risk that went into a trade. The win rate calculation on these 1002 trades would be meaningless. Each trade must be assigned a "risk" and "random luck" factor, which will take equity i...

Winsor's Five Trading EAs in Real Time in Experienced Traders Sep 28, 2010 at 21:41

http://www.myfxbook.com/members/winsor/wwwctsforexcom-leah-real--account/50679 was updated 17 Sept.2010, it is now 29 Sept.2010. If you update we can follow your progress, please don't post stuff if it can't be verified: http://www.myfxbook.com/members/winsor/wwwctsforexcom-jasmine-real--account/51303 "21 Sept. last update"http://www.myfxbook.com/members/winsor/wwwctsforexcom-sienna-real--account/51304 ''21 Sept last upadte"

Megadroid Real in Trading Systems Sep 28, 2010 at 21:28

Average Win: 6.08 Pips and Average Loss: -46.08 Pips shows us that you incur large draw-downs. This won't work in the long run , it will eventually blow the account.

EZG - live! in Trading Systems Sep 28, 2010 at 20:49

You need to show us at least your initial deposit. If it was only say $100 then your results would most probably be a random pot shot of EA's , lets say 100 of which this one so happened to work. If the deposit wast at least $2000 then it would be significant . The system must also survive longer than six months at least. If you keep growing it at this rate you will corner the entire forex market within a few years ... so something is amiss. Hiding your details is problematic , but not unreasonable to avoid reverse engineering. Your broker http://www.ibfx.com/ is legit, not some banana bu...

DFI Matrix EA in Trading Systems Sep 28, 2010 at 16:58

Your broker FXM Financial Group editing the stats on an excel spread sheet from a cracked copy of MT4 server edition is probably getting a kick-back right? Or even beter you are FXM Financial Group selling the EA. Do you actually mean that there are simpletons out there who buys your worthless EA after reading this thread.

ZPE TRADING FUND in Trading Systems Sep 27, 2010 at 07:20

I agree with you that this could most likely be the case especially in a trending market. For example take the Euro tanking from 1.50 to 1.18, if you executed 1000 short trades and stayed short with no stop-loss , no matter what the draw-down it would eventually be a winning trade. No skill was needed, just the knowledge that the Germans were naive enough to go in monetary union with Greece and would remain shell shocked for a few months as the realization dawns on them that they will have bail out French banks who have exposure of $300bil . Going into union with Greece is like imagine South-A...

Winsor's Five Trading EAs in Real Time in Experienced Traders Sep 27, 2010 at 04:48

Winsor creating sock puppets is not a nice thing to do. We are discussing your real system remember not my demo system I have blown, one of many. My demo account http://www.myfxbook.com/members/stephanusR/eurusd-trades/13594 has been marked public now for six months as Steve who was tracking it can attest. If you want to discus my blown demo account you are welcome to post in the thread, but in this thread we are discussing your claims that Jasmine traded from march 2009 while Myfxbook.com has only verified it back to Aug.2010.

EURUSD	1.07599	GBPUSD	1.25452	AUDUSD	0.66091
USDJPY	153.053	USDCAD	1.3685	USDCHF	0.90475

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