5% average monthly profit for at least 2 years (with less than 25% max. DD)

Feb 06, 2013 at 17:24
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668 Replies
Member Since May 04, 2012   1608 posts
Dec 17, 2015 at 12:10 (edited Dec 17, 2015 at 12:12)
@Mthiya

Interesting free signal service. Strangely, they don't indicate at what price level the actual LIVE orders were initiated, and there is no track record of the closed orders whatsoever.

In view of the above it is practically impossible to make any evaluation of the signals (unless I miss something).

P.S. Apparently the Premium version offers sound and e-mail alerts:
https://www.fxmarketleaders.com/forexsignals/premiumaccountop
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Member Since Aug 19, 2013   24 posts
Dec 17, 2015 at 12:33
FxMasterGuru posted:
@Mthiya

Interesting free signal service. Strangely, they don't indicate at what price level the actual LIVE orders were initiated, and there is no track record of the closed orders whatsoever.

In view of the above it is practically impossible to make any evaluation of the signals (unless I miss something).

P.S. Apparently the Premium version offers sound and e-mail alerts:
https://www.fxmarketleaders.com/forexsignals/premiumaccountop

Thanks for your input. Even the premium version is useless in my view. We busy during the day no one always has access to a computer everyday. If you gonna offer signals, offer trade copier or PAMM, otherwise they look genuine.
Member Since May 04, 2012   1608 posts
Dec 17, 2015 at 12:39 (edited Dec 17, 2015 at 12:40)
@Mthiya

Exactly... I would not bother forward testing them. If they were REALLY profitable they would be selling their signals on SignalStart or on ConnectForex.

By the way, there is no one strategy on SignalStart or ConnectForex which I would use WITH CONFIDENCE on a larger account. Why? Because even the best signals use one of the two following trading styles: 'Grids' or 'Hope & Pray'.
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Member Since Sep 12, 2015   1948 posts
Dec 17, 2015 at 18:27
I would post but who's going to believe it,fake accounts easy to design.
"They mistook leverage with genius".
Member Since Feb 04, 2014   17 posts
Dec 18, 2015 at 09:33
Hi, I am looking for Investors. I have Money Management Account in FXPig.


Regards.
Member Since Sep 18, 2015   16 posts
Dec 18, 2015 at 09:36
Our track record dont have 2 years in myfxbook , we lost our data in old broker (boston), but we have stable profits and some years in this crazy market

https://www.myfxbook.com/members/feelinvestment/signalsoftware30/1387554
Member Since Dec 12, 2015   115 posts
Dec 20, 2015 at 07:56
BlueSapphireFX posted:
Hi, I am looking for Investors. I have Money Management Account in FXPig.


Regards.

Do you expect investors to flock in when you hide all trading information?
Member Since Aug 26, 2015   1 posts
Jan 09, 2016 at 18:46
https://www.myfxbook.com/members/BBird/bbird/1455607
Весело и очень весело. Когда твои прогнозы сбываются.
Member Since Dec 12, 2015   115 posts
Jan 11, 2016 at 08:21
RedRhinoFX posted:
FxMasterGuru posted:
@Mthiya

Exactly... I would not bother forward testing them. If they were REALLY profitable they would be selling their signals on SignalStart or on ConnectForex.

By the way, there is no one strategy on SignalStart or ConnectForex which I would use WITH CONFIDENCE on a larger account. Why? Because even the best signals use one of the two following trading styles: 'Grids' or 'Hope & Pray'.


I know the stats and drawdown look bad but it's all from touching the automated system which I stopped doing. I've learned to just let it run as it was designed to do. This is the only strategy that I know of where followers can run a 2% Equity protection on top of the 19 pip stoploss to ensure no technical issues could ever hurt your account. After running this system for almost 1 year with a 14 year profitable backtest I can rest assure that using a stoploss of every trade is really the best way to trade ( also the hardest).

I welcome critics - https://www.myfxbook.com/community/trading-systems/redrhinofx-ats-12/954389,2 - just please stay on topic in the discussion and try to keep all further questions in the above link and not here.

Thanks for the eyes

LOL do you really expect the live trading to be as is backtesting?..
Member Since Dec 12, 2015   115 posts
Jan 11, 2016 at 08:22
RedRhinoFX posted:
FxMasterGuru posted:
@Mthiya

Exactly... I would not bother forward testing them. If they were REALLY profitable they would be selling their signals on SignalStart or on ConnectForex.

By the way, there is no one strategy on SignalStart or ConnectForex which I would use WITH CONFIDENCE on a larger account. Why? Because even the best signals use one of the two following trading styles: 'Grids' or 'Hope & Pray'.

How about mine ATS 12 with 19 pip stoploss - https://www.connectforex.com/signal/3876/RedRhinoFX-12.html

I know the stats and drawdown look bad but it's all from touching the automated system which I stopped doing. I've learned to just let it run as it was designed to do. This is the only strategy that I know of where followers can run a 2% Equity protection on top of the 19 pip stoploss to ensure no technical issues could ever hurt your account. After running this system for almost 1 year with a 14 year profitable backtest I can rest assure that using a stoploss of every trade is really the best way to trade ( also the hardest).

I welcome critics - https://www.myfxbook.com/community/trading-systems/redrhinofx-ats-12/954389,2 - just please stay on topic in the discussion and try to keep all further questions in the above link and not here.

Thanks for the eyes

By the way you expect others to have confidence in your system when you don't? lol
If you had confidence would you be trading your weekly rent money on it like you're doing now or some huge amount like few millions?

Member Since Apr 12, 2014   6 posts
Jan 27, 2016 at 07:47
So , this thread was started two years ago and so far no one came up with a real verified account 25% DD and average 5% monthly return.
Member Since Sep 12, 2015   1948 posts
Jan 27, 2016 at 15:27
Qaiser999 posted:
So , this thread was started two years ago and so far no one came up with a real verified account 25% DD and average 5% monthly return.
You can set up a fake verified account
"They mistook leverage with genius".
Member Since May 04, 2012   1608 posts
Jan 27, 2016 at 20:25
Qaiser999 posted:
So , this thread was started two years ago and so far no one came up with a real verified account 25% DD and average 5% monthly return.

This thread was started by me 3 YEARS AGO... I think there was only one account fulfilling the requirements over the past 3 years...

Just as a side note: I would not invest in a strategy with +5% monthly return and -25% max. DD, i.e. with an average of 5 months recovery time.
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Member Since Sep 12, 2015   1948 posts
Jan 27, 2016 at 22:47
7% per month as an average,sometimes this will be much higher and slighty lower,25% max DD is too much 15% is my limit and the same for portfolio managers,7% on one trade is not impossible.
"They mistook leverage with genius".
Member Since Apr 12, 2014   6 posts
Jan 28, 2016 at 07:28
snapdragon1970 posted:
Qaiser999 posted:
So , this thread was started two years ago and so far no one came up with a real verified account 25% DD and average 5% monthly return.
You can set up a fake verified account

How ? you mean through a fake broker . Honestly speaking couldn't understand you.
Member Since May 04, 2012   1608 posts
Jan 28, 2016 at 09:49
Although the above question was not addressed to me, let me answer it as a starter of this thread.

Yes, it is a real fact. There are some scam brokers which - usually collaborating with scammer signal or EA sellers as part of a Ponzi scheme - falsify results to attract clients for the brokerage and for the scammers... Sometimes the scam broker and the scam signal/EA seller is the same person...

Those 'hand-crafted' results will be published as REAL and VERIFIED results by MyFxBook, as MyFxBook would not know that the broker is a scam broker...

So I consider real and verified results (by MyFxBook) as 'really REAL', only if those results had been verified through a reputed, regulated and mainstream broker, e.g. Pepperstone, IC Markets, etc...
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Member Since May 22, 2012   106 posts
Jan 28, 2016 at 10:24
Member Since May 06, 2011   10 posts
Feb 03, 2016 at 22:33 (edited Feb 03, 2016 at 22:34)
Hello!!

Here is my system:
https://www.myfxbook.com/members/autotrade/steady-profit/1094363/tO7lutbqXhyw5jtM3eJj

Not grid/Martingale.... Capital preservation is my main goal!!

Any questions just let me know!
Member Since May 06, 2011   10 posts
Feb 04, 2016 at 00:25
Hello!!

Here is my system:
https://www.myfxbook.com/members/autotrade/steady-profit/1094363/tO7lutbqXhyw5jtM3eJj

System is based on several strategies, some asian scalper, some break outs, trend reversal, etc..

Not grid/Martingale.... Capital preservation is my main goal!!

25% is my maximum DD Alowed for this account.. I manage funds with ATC broker. 20% performance fee by the end of the monthif I profit.

If you have any questions, just let me know!
Member Since Jul 16, 2013   92 posts
Feb 04, 2016 at 00:43 (edited Feb 04, 2016 at 00:49)
The longer time an EA, cBot is operating the higher the chances are of a higher draw down.
The first year running, under 10% draw down is very good, The second year under 15% is acceptable, the third year 20%.
Draw downs higher then 20% a year reflects taking too much of a risk of the trading account.
25% draw down as Franck Cirna suggested should be the maximum allowed depending on the strategy at place.
More about this and other risk & money management principles can be read at RMMRobot.com
" Lock in the profit and minimize the draw down "
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