5% average monthly profit for at least 2 years (with less than 25% max. DD)
Member Since Jun 23, 2013
5 posts
Mar 13, 2015 at 11:43
why would it? if he traded the same way but at 5% he would be richer. the system hasn't changed just the risk.
may the fx be with you
Member Since Nov 09, 2013
27 posts
Mar 13, 2015 at 11:53
darthfrancis posted:
dude you win rate you could make that 1000% better if you increased you risk 5% a trade. man up.
That would blow the account easily... 1% is sustainable without mental / emotional issues with the trade
Mar 14, 2015 at 13:59
u mean this one? he's 29% dd tho but still good
https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
Member Since Oct 11, 2013
775 posts
Mar 16, 2015 at 02:58
1% or 5% risk, what it really matters is that your accuracy or 'batting average' is really high. Then you decide how much to risk from your account and how fast or slow you want to go. Do this on Demo, though, dont experiment with real money until you have good results.
Mar 18, 2015 at 23:54
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Member Since Oct 11, 2013
775 posts
Mar 23, 2015 at 10:06
Thats how it is done, you have to keep it steady and consistent, even if it is 1% or 100% gains, but the goal is to keep it consistent.
Member Since May 04, 2012
1608 posts
Mar 29, 2015 at 12:29
spunta posted:
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Sure, it is possible to get some consitent periods with all Martingale or Grid strategies... The only question is how long will the winning streak last before hitting a major (i.e. devastating) DD...
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Mar 30, 2015 at 00:47
FxMasterGuru - you are entitled to your opinion, but it's not a grid or martingale system. Yes we do hedging to break even where we have not got the trade right and yes sometimes that leads to a draw down until the trade resolves at BE. A few times we have just closed at a loss to avoid endangering the account. If it's not your cup of tea fine, just posting it on here for people to look at - not really claiming to be an expert or anything.
Member Since Oct 11, 2013
775 posts
Mar 30, 2015 at 10:31
I dont think it really matters what system are you using if you are getting consistent profits, but do be aware that markets evolve, trends change, short term and longer term. Therefore, with martingale systems or any other system you have to be attentive for when the markets change their trend, speed, momentum and volatility on different time spans.
Apr 01, 2015 at 21:53
spunta posted:
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Hello spunta,
do you have something in common with the zulutrade spunta trading?
Member Since Oct 11, 2013
775 posts
Apr 02, 2015 at 18:11
(edited Apr 02, 2015 at 18:12)
Why is hedging neccessary when you can use limit and stop loss orders? You have to expose yourself anyways in order to make money, you cannot hold the hedge for ever, otherwise you will never make a profit.
forex_trader_87617
Member Since Aug 10, 2012
56 posts
Apr 02, 2015 at 23:10
FxMasterGuru posted:
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...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Member Since Dec 13, 2014
73 posts
Apr 03, 2015 at 07:30
(edited Apr 03, 2015 at 07:41)
Kuzma_ua posted:FxMasterGuru posted:
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...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Is your English any good? That isn't a 2 year account plus no trading privileges and track record verified with that scamming broker.
Let me point something out, that $2000 was initially deposited IF I WERE TO BELIEVE this account? But 50% of the account was traded each time at the start which for such a low DD that is virtually impossible... i.e either a scam/modified output OR you just got lucky and you need to buy a lottery ticket.
Looking at the output results it seems to have been doing some arbitrage but even with that there would have been instances where the DD would have been significant when trading 50% of the balance.
forex_trader_87617
Member Since Aug 10, 2012
56 posts
Apr 03, 2015 at 08:22
forexpipcatchar posted:Kuzma_ua posted:FxMasterGuru posted:
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...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Is your English any good? That isn't a 2 year account plus no trading privileges and track record verified with that scamming broker.
Let me point something out, that $2000 was initially deposited IF I WERE TO BELIEVE this account? But 50% of the account was traded each time at the start which for such a low DD that is virtually impossible... i.e either a scam/modified output OR you just got lucky and you need to buy a lottery ticket.
Looking at the output results it seems to have been doing some arbitrage but even with that there would have been instances where the DD would have been significant when trading 50% of the balance.
Everyone has their own trusted brokers. If everyone starts to ask about her ....
Member Since May 04, 2012
1608 posts
Apr 03, 2015 at 09:29
Kuzma_ua posted:FxMasterGuru posted:
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...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Nice results. Nevertheless, it would be nicer if you could replicate them on an account with a maninstream (i.e. reputable) broker (e.g. ICM, Pepperstone, Global Prime, Oanda, LMAX etc.) as already suggested by someone in the thread of the strategy. Until then it is just too suspicious for a broker assisted "book cooking".
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Member Since May 04, 2012
1608 posts
Apr 03, 2015 at 11:50
spunta posted:
FxMasterGuru - you are entitled to your opinion, but it's not a grid or martingale system. Yes we do hedging to break even where we have not got the trade right and yes sometimes that leads to a draw down until the trade resolves at BE. A few times we have just closed at a loss to avoid endangering the account. If it's not your cup of tea fine, just posting it on here for people to look at - not really claiming to be an expert or anything.
-276 pips (i.e. negative pips) with +31% profit this year = Martingale in my book.
There is simply no other explanation how could a strategy make profits while losing pips...
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Member Since Dec 13, 2014
73 posts
Apr 03, 2015 at 15:32
(edited Apr 03, 2015 at 15:33)
MasterGuru what do you hope to gain by posting here someone with gains of 5% per month for 2 years with conditions?
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
Member Since May 04, 2012
1608 posts
Apr 04, 2015 at 10:41
forexpipcatchar posted:
MasterGuru what do you hope to gain by posting here someone with gains of 5% per month for 2 years with conditions?
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
@forexpipcatchar
1. I was hoping to see a 'retail trader' who has managed to achieve solid financial freedom via Forex trading. I have to admit that my hopes were unfounded.
2. More than two years after starting this thread I can only agree with your observations.
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