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

Yurii (Zelinskyi)
Feb 03 2017 at 07:31
16 posts
FxMasterGuru posted:

P.S. Also, it would be nice to see the same results at a well-known ASIC/FCA regulated broker.

Non-regulated offshore brokers like yours - Mocaz - have no credibility whatsoever on MyFxBook as there have been too many scam broker ''verified'' hand-crafted false accounts on MyFxBook with the intention of luring in novice investors to these brokers (operating as Ponzi schemes), many of them just 'falling off the Earth' (and the Internet) within 24 hours... With all clients funds... I know it too well as I have been a victim of such a scam broker...

P.S. No.#2: Oooooops! Here goes MOCAZ broker: https://www.forexbrokerscam.com/mocaz-review-scam-forex/


Really appreciate your great service to this community, sir !

FxMasterGuru (FxMasterGuru)
Feb 03 2017 at 08:19
1607 posts
Zelinskyi posted:
FxMasterGuru posted:

P.S. Also, it would be nice to see the same results at a well-known ASIC/FCA regulated broker.

Non-regulated offshore brokers like yours - Mocaz - have no credibility whatsoever on MyFxBook as there have been too many scam broker ''verified'' hand-crafted false accounts on MyFxBook with the intention of luring in novice investors to these brokers (operating as Ponzi schemes), many of them just 'falling off the Earth' (and the Internet) within 24 hours... With all clients funds... I know it too well as I have been a victim of such a scam broker...

P.S. No.#2: Oooooops! Here goes MOCAZ broker: https://www.forexbrokerscam.com/mocaz-review-scam-forex/


Really appreciate your great service to this community, sir !


You are very welcome, Yurii!

I do my best to protect traders/investors from scammers and scam brokers FOR YEARS as I have been a victim of them myself.

I have already paid the ''tuition fees'' and so I feel that the right thing to do is putting my experience and knowledge in the service of other traders/investors on MyFxBook who have been rewarding my ''protective services'' with their Vouches for years.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Apple Hedge (AppleHedge)
Feb 03 2017 at 10:04
2 posts
5% Monthly with Low Drawdown is possible.


vontogr (togr)
Feb 03 2017 at 10:05
4862 posts
AppleHedge posted:
5% Monthly with Low Drawdown is possible.



@AppleHedge
so why dont you post link to such system?

FxMasterGuru (FxMasterGuru)
Feb 03 2017 at 10:09
1607 posts
AppleHedge posted:
5% Monthly with Low Drawdown is possible.



I guess you will demonstrate it with a less than one month old live account... Correct?

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
yangsail
Feb 05 2017 at 08:18
41 posts
sunshine2626 posted:
yangsail posted:
Check out this:

https://www.signalstart.com/analysis/astable/16766


Very nice performance. I've already followed your signal. So far so good! Thanks!


Thank you for your interesting!

Best wishes!

GEnuistrade
Feb 07 2017 at 08:10
2 posts
The track record you are looking for is amply possible. Think about this, how many people loose money in the fx market everyday day trading. Now that's a whole lot of money which is going in the hands of a few obviously. My economics teacher taught me something which i have never forgotten. MONEY HATES NOISE!!! get that. So the kind of trader you are looking for is busy doing two things ;

1. Finding new ways to profit from the market or making their strategy better or

2. Sitting at the beach or somewhere resting from their profits and it's indeed a hard earned rest.

The fact people don't understand is that succeeding in fx is no different from succeeding in any other field of life, its tough and above all must be earned. Good luck searching for the Holy grail instead of digging the holy grail. If there is a holy grail it will most certainly be found underground and not over the ground where everybody can see.

Success is hardly sought after and paid a High!!! price to be acquired. YOU WILL NEVER GET SOMETHING FOR NOTHING.

I will not tell you that I am successful trading, But i can't also say I m not. Because saying that i am you will demand for track record which will only be provided after my death.If I say I'm not, you'll discard my post. But I'll Tell you this cause this might be my first and last post; The price of success is very, very, High. Pay it and it is yours...

 

FxMasterGuru (FxMasterGuru)
Feb 07 2017 at 17:22
1607 posts
@GEnuistrade

You are absolutely right with your insightful post. Thanks for sharing your thoughts.

Although I would not be happy with 5% average monthly profit with -25% max. DD, nevertheless, these metrics would be borderline acceptable for me.

The reason I have started this thread - exactly 4 years ago in February of 2013 - was to see whether this huge 'think tank' - called MyFxBook - would be able to trigger at least ONE trader to show a stable solid non-Martingale strategy performance without a crippling drawdown.

I have started this thread mainly from ''academic interest'', but so far this experiment has failed.

One reason it might have failed because - as you have pointed it out correctly - 'money hates noise' and whoever had managed to make 5% per month consistent profits (with acceptable DD) will not post it in my thread. The other explanation is that such non-Martingale strategy simply does not exist...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
GEnuistrade
Feb 08 2017 at 07:37
2 posts
It exists. But the question you should ask yourself is not do I have the holy grail strategy? But do I have the mindset of a successful trader. To be a successful day trader you need an Iron-made mentality which doesn't come naturally to men. It is only developed through pain. The best traders are those that have gone through an unbelievable amount of pain in the process.It was so painful that it cut the trees of indiscipline, Impatience, lack of objective analysis, and last thing complete detachment from their performance. The successful trader is more interested in following and improving his plan than results.

 So it takes a killer-instinct mindset to believe that your plan will produce results in the long run. He is more like a chess player, Playing the game one move at a time but envisioning the capturing of the king in his mind( 10-20 moves ahead). On the contrary the average chess player can simply not look more than 1-3 steps forward.

Coming back to trading, the major problem I can tell you is that the average trader does not even understand the game. The game is lost even before it starts. Like a chess grand master to the successful trader the game is won first in his mind before he plays. The amateur plays first and then seeks victory.

FxMasterGuru (FxMasterGuru)
Feb 08 2017 at 07:53
1607 posts
@GEnuistrade

Again, I can only agree that the correct mindset is as important as the strategy itself, or even more so.

I know for sure that I do not have the necessary ''killer-instinct mindset'' which is why I trade only by EAs, of course, understanding their limitations which limitations are still smaller than my own.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
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