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

jsantos3
Feb 24 2016 at 23:34
272 posts
FxMasterGuru posted:
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...


SYNERGYFX and so called Doug Price are churning several news EA's every year. Very scammy.

FxMasterGuru (FxMasterGuru)
Nov 02 2016 at 12:33
1607 posts
This is a revival attempt of a thread I started back in 2013...

It is interesting to check out all those strategies which had claimed to fulfill the requirements over the past 3.5 years...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
kricka
Nov 02 2016 at 18:05
92 posts
Risk & Money Management is of interest for all traders and protecting the account should be a primary goal that has to be accomplished, before even thinking of making any money. RMMRobot.com have some interesting ideas how to approach this subject for the trader.

" Lock in the profit and minimize the draw down "
FxMasterGuru (FxMasterGuru)
Nov 02 2016 at 23:42
1607 posts
kricka posted:
Risk & Money Management is of interest for all traders and protecting the account should be a primary goal that has to be accomplished, before even thinking of making any money. RMMRobot.com have some interesting ideas how to approach this subject for the trader.


SERIOUSLY...? REALLY...?

Which is the ''interesting approach'' part of it...? Maybe the ''protecting the account as a primary goal'' - as mentioned?





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IvestINC
Nov 10 2016 at 08:00
24 posts
any account with 2 years ? ))) it is not possible )

We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
FxMasterGuru (FxMasterGuru)
Nov 10 2016 at 09:53
1607 posts
IvestINC posted:
any account with 2 years ? ))) it is not possible )


Thanks for letting us know that ''it is NOT possible''...! 😕

Very encouraging for all aspiring traders and investors...

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mazzeltof
Dec 11 2016 at 07:48
11 posts
Why the max 25% DD criterium? I have had way higher drawdown, up to 60% and I am making nice profits.
I am a gridtrader that trades positive swap only so only sell eurusd, sell usdrub, buy nzdusd, buy gbpchf and some 15 more.
Let's say I have 100k to trade with. I open 12 accounts with 5k each and on each account I start gridtrading in a way that I can cope with -600 to -1000 pips. There is 40k left so when an account gets to 70% drawdown I add 5k to that account. By selling eurusd and buying nzdusd I hedge some of the pairs. Worst case scenario I have to add 10k to one account. Other accounts that go my way will profit so after quite some time I could also withdraw 5 times 1k.

This works like a charm for me


The first account with +62% is by far my biggest account holding 52% of my total equity. The one with -31% is closed manually because I decided to leave that broker and open the exact same positions with a better broker.

I have 1 more account that isn't listed here holding 22% of my total equity that also saw 50% DD that has +46% profit.

I think with my drawdown I am doing quite okay

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mazzeltof
Dec 11 2016 at 07:48
11 posts
Due to gbpchf and usdjpy going up a lot lately on wich I made great profit my drawdown in the accounts listed here is 11.5% and on the account that is not listed here the current drawdown is 27%

kieran (snapdragon1970)
Dec 11 2016 at 14:01
1945 posts
Why have such a large DD , why not set it at 5-10% and re buy at a better price , if you believe a price is going to pull back what's wrong with buying it cheaper or selling it more expensive , higher gains.

"They mistook leverage with genius".
FxMasterGuru (FxMasterGuru)
Dec 11 2016 at 15:50
1607 posts
I have set the -25% DD limit as it seems to be the PAIN THRESHOLD for MOST traders.

Trading larger funds, like $100k, even -10% DD can touch a nerve. Of course, it is different if you have your nerves made from ''Titanum-Steel alloy'...

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