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

Feb 06, 2013 at 17:24
26,934 Views
668 Replies
Member Since Mar 23, 2013   29 posts
Oct 22, 2015 at 10:02
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.

Thanks VPTrader. I thought I explained this pretty clearly.
Apparently not clearly enough for some. Perhaps repeating it a few more times may sink in.
Member Since Feb 22, 2011   4862 posts
Oct 22, 2015 at 10:05
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.

Well if you increase trade size to cover the loss
It is martingale
Member Since Mar 23, 2013   29 posts
Oct 22, 2015 at 10:14 (edited Oct 22, 2015 at 10:16)
togr posted:
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.

Well if you increase trade size to cover the loss
It is martingale

yes but that is not what i did....read again please
anyway. why do i even waste my time on this forum.
good luck with your EAs and MT4s.
just want to see if the 'masterguru' will take the challenge. if he acknowledges you can all see it's not martingale.
Member Since Jul 31, 2013   34 posts
Oct 22, 2015 at 10:16
@zarni Haha. No worries. I know you tell the truth here, so just wanted to clear this up so my e-mail account doesn´t need to be harrassed by all the comments ;)

@togr Stating it exactly as you do, I agree, but that´s not the case here. It´s not about 'covering loss' it´s about running two (or more) different and separate strategies in one account.

Strategy A: Not the best opportunities, but only 0,01 lots and perhaps you lose pips/money. Perhaps you would like to have some activity, not to get bored or perhaps other reason.

Startegy B: The absolut best opportunites which of course comes very seldom. You hit hard with bigger size and make money, but perhaps less in pips as you have lost on Strategy A.

SUM: YOU MAKE MONEY BUT LOSE PIPS. NO MART OR GRID INVOLVED SINCE THOSE ARE SEPARATE STRATEGIED AND TRADES. NO AVERAGING DOWN OR INCREAING LOSSES WHAT SO EVER. I HOPER THIS IS UNDETSTOOD NOW.



Member Since Feb 22, 2011   4862 posts
Oct 22, 2015 at 10:51
Guys,

I am out of this debate. Its waste of my time
Member Since May 04, 2012   1608 posts
Oct 22, 2015 at 11:52 (edited Oct 22, 2015 at 12:08)
VPTrader posted:
Please understand everyone, just like @zarni says it doesn´t need to be a mart/grid simply beacuse there is a net pips loss on the acc. Trading doesn´t come down to how many pips you make, but rather the position size you use for the 'winning pips'. Let´s say ju trade small (0,01 lots) all day an lose money (-50 pips alltogether) and then you make money on the last trade for the day, and this times you trade with 1 lot (100 times bigger pos. size) but only make + 20 pips. Then you will still have neg. pips for the day, but have made money in total. I have seen this many times, so it doesn´t need to be a mart or grid simply because there is a neg. pip balance. I could have to to with how you positions size in your trading.

Yes, correct, if you WIN on the 1 lot (i.e. 100 times bigger lot size).

But what if you LOSE on that 100x larger lot size...? As there is not guarantee that the 100x lot size will win.

Do you go for 10 lots or even 100 lots sizes with the next position? What if those become losers, too...?

Well, the answer is MARGIN CALL...

P.S. Even if you state that the larger lot sizes belong to another strategy, it does not change the facts. Position sizes don't care to which strategy they belong. In essence: it is still a MartiGrid.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since May 04, 2012   1608 posts
Oct 22, 2015 at 12:05
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)

@togr

YOU ARE NOT RIGHT, dear Tomas!

Apparently you forgot about your most advertised and most popular 'Caesar400' strategy which has caused signficant losses for hundreds of naive subscribers, but good income for you...

Here is a subtle reminder: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Mar 23, 2013   29 posts
Oct 22, 2015 at 12:57
FxMasterGuru posted:
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)

@togr

YOU ARE NOT RIGHT, dear Tomas!

Apparently you forgot about your most advertised and most popular 'Caesar400' strategy which has caused signficant losses for hundreds of naive subscribers, but good income for you...

Here is a subtle reminder: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462

OK this is the last time I will repeat this.
The trade was this opening a trade averaging in at multiple levels regardless of whether price was going up or down.
Short term strategy traded same instrument thereby netting out (closing the position) and reopening it within a minute or so.
Since at that point position was in drawdown it marked a loss at X times the pips for the multiple small positions.
The single position was closed some weeks later at a profit which more than made up for the loss previously booked.

The bottom line is MT4 is a retail platform and it counts stuff as separate positions. That does not happen on insitutional and this situation does not exist on institutional platforms.

Now I ask again shiesterguru will you aplogize if I show here statement of all trades.
If not be quiet.
Member Since Mar 23, 2013   29 posts
Oct 22, 2015 at 18:40
FxMasterGuru posted:
FFxCondor posted:
zarni posted:

if you average in using multiple small positions and lose on that and then trade one big position equal in size to the aggregate small ones and win much more you will show negative pip count. which is what happened to me. XAU magnifies that because of the way myfxbook treats XAU (which they are fixing now based on my suggestions). nothing to do with martingale.

Actually what you do is the definition of a martingale technique, which is adding to a losing position and increasing the size of the previous trades.

Well said. Apparently and admittedly it IS a MARTIGRID strategy... ('average in using multiple small positions and lose on that and then trade one BIG position...')

As suspected... Cost averaging, i.e. adding to losing positions even larger position(s) IS MARTIGRID by definition and it is a very risky business. It is good until it is not good...

Just look at VONTOGR's, alias Tomas' famous (or infamous) Caesar strategy. It was a Superstar until the moment it has become a Falling Star, costing many-many people a lot of money by losing their funds, plus the generous fees paid to Mr. Tomas. And it was not even MartiGrid, 'just' a simple Grid.

No SERIOUS investor would consider a MARTIGRID strategy suitable for SERIOUS funds. Period.

@zarni

After admitting 'cost averaging' with larger and larger position sizes, i.e. using MARTIGRID, I don't care about Trade History. And nobody else should care about it. You said: 'you think i'd be dumb enough to trade my own funds 250k worth on martingale??'

Well, yes, apparently you are dumb enough doing just that.

Actually after lying about the nature of the strategy (i.e. not being MARTIGRID) and 'lecturing' me about the opposite, YOU should be the one coming with a HUGE APOLOGY.


OK this is the last time I will repeat this.
The trade was this opening a trade averaging in at multiple levels regardless of whether price was going up or down.
Short term strategy traded same instrument thereby netting out (closing the position) and reopening it within a minute or so.
Since at that point position was in drawdown it marked a loss at X times the pips for the multiple small positions.
The single position was closed some weeks later at a profit which more than made up for the loss previously booked.

The bottom line is MT4 is a retail platform and it counts stuff as separate positions. That does not happen on insitutional and this situation does not exist on institutional platforms.

Now I ask again shiesterguru will you aplogize if I show here statement of all trades.
Member Since May 04, 2012   1608 posts
Dec 09, 2015 at 03:35 (edited Dec 09, 2015 at 03:50)
togr posted:
@FxMasterGuru
Dear,

you are not right.

Caesar is still superstar https://www.myfxbook.com/members/togr/fxprimusc21/1364505
It actually fit the criteria of profit, max DD and age.:)

@togr

Dear Tomas,

Am I still not right...?? Is Caesar still a SuperStar...??

Lets see: https://www.myfxbook.com/members/togr/caesar2icma/737724

It has not made a single dollar profit since July of 2014, except for you in performance fees. On the other hand many of your trusting clients have lost a LOT OF MONIES:

https://www.myfxbook.com/members/togr/caesar2tamase/996816
https://www.myfxbook.com/members/togr/caesar2tamase2/1437700


Oooooooooops!

Attachments:

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Apr 25, 2013   107 posts
Dec 09, 2015 at 08:47 (edited Dec 09, 2015 at 08:48)
Dear Thomas,

Are you going to finally stop bragging about your wonderful systems and accounts?

https://www.myfxbook.com/members/togr/caesar2icma/737724
https://www.myfxbook.com/members/togr/fxprimusc21/1364505

Cheers!
Víctor
Patience, focus and self-control to win the game with diligence.
Member Since May 29, 2014   36 posts
Dec 10, 2015 at 08:00
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...?

I open and standard account within 24 hrs from this statement, my deposit, 8.11 in 1 hour I made 1.38. Also my final deposit 35.45, my gains in 24 hours is 222.06 % I can make 5,000$ by December 18, 2015 safe trading. After that it will take me 1 month to make a million dollars, you do not need 10,000 to start a standard, it's also better to do so do to more margin. I have already proving that with my trading history, and I only been trading for two months on a 'Demo Account' teaching myself, now I know the elements to trading.
"If you are makeing less than 500% a month you aren't doing it right!"
Member Since May 04, 2012   1608 posts
Dec 10, 2015 at 08:05 (edited Dec 10, 2015 at 08:06)
eNyComics 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...?

I open and standard account within 24 hrs from this statement, my deposit, 8.11 in 1 hour I made 1.38. Also my final deposit 35.45, my gains in 24 hours is 222.06 % I can make 5,000$ by December 18, 2015 safe trading. After that it will take me 1 month to make a million dollars, you do not need 10,000 to start a standard, it's also better to do so do to more margin. I have already proving that with my trading history, and I only been trading for two months on a 'Demo Account' teaching myself, now I know the elements to trading.

@eNyComics

I think you misunderstood the title: It says AT LEAST TWO YEARS (of trade history), not TWO DAYS...

If you did not misunderstand the title, then your rambling does not belong here...

Attachments:

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since May 29, 2014   36 posts
Dec 10, 2015 at 11:22
Well just trying to show some details no need for rudness. Good luck to you!
"If you are makeing less than 500% a month you aren't doing it right!"
Member Since May 04, 2012   1608 posts
Dec 10, 2015 at 13:04
eNyComics posted:
Well just trying to show some details no need for rudness. Good luck to you!

@eNyComics

1. This thread was started almost 3 years ago .

2. Since then it has reached 56 pages.

3. On those 56 pages there was only ONE strategy which had fulfiiled the stated criteria. Since that strategy was not run at a mainstream and reputed broker, its authenticity is questionable. But lets assume that it was not handcrafted by the broker (I have seen many fabricated 'real' and 'verified' MyFxBook accounts over the past years).

4. In other words: all the other 55 pages are full of b***t.

5. Good luck to you, too!

P.S. What about starting your OWN thread with the title: 'I have been trading for TWO DAYS and I am SUCCESSFUL.'
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Nov 21, 2011   1718 posts
Dec 10, 2015 at 13:22
VictorTous posted:
Dear Thomas,

Are you going to finally stop bragging about your wonderful systems and accounts?

https://www.myfxbook.com/members/togr/caesar2icma/737724
https://www.myfxbook.com/members/togr/fxprimusc21/1364505

Cheers!
Víctor

Very Nice comment : )

That guy whose telling everybody how to trade... and lost 2 years accumulating profits within 1 day!
Member Since Mar 02, 2010   97 posts
Dec 11, 2015 at 12:19
1st of all, 2 year live records! not demo or backtest!
2nd every dd calculation offered by myfxbook or the integrated mt4 are always wrong!

myfxbooks calcs p/l from closed orders! read the blog, so if you use the ftp publisher with 1440 setting, you cant get the real dd, because there no realtime p/l records! you publish your records once a day...
this is the reason why myfxbook cant calc dd and profit factor if you have 100% winner OR opened order(s) which are never closed!

the only way to get the real drawdown you must record the p/l of the open order(s)per pair to an csv file with following fields!
datetime, newhighopenprofitloss, AccountBalance(), AccountEquity(), AccountMargin(), AccountFreeMargin(), (AccountEquity()/AccountMargin()*100)
all other calculations are hypothetical and display not the real p/l of the current open orders!

so a grid based system can be lower dd in real and a old school trading style with ftp publisher 1440 may have an higher dd as myfxbook calcs!
ixbone@
Member Since May 04, 2012   1608 posts
Dec 12, 2015 at 08:00 (edited Dec 12, 2015 at 08:02)
eNyComics 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...?

I open and standard account within 24 hrs from this statement, my deposit, 8.11 in 1 hour I made 1.38. Also my final deposit 35.45, my gains in 24 hours is 222.06 % I can make 5,000$ by December 18, 2015 safe trading. After that it will take me 1 month to make a million dollars, you do not need 10,000 to start a standard, it's also better to do so do to more margin. I have already proving that with my trading history, and I only been trading for two months on a 'Demo Account' teaching myself, now I know the elements to trading.

@eNyComics

It is just so-so funny Jean-Pierre... You write in your bio: 'I'm a Forex Trader that trades in multiple countries, main countries is Georgia I trade all around the world. It's good money and I stay at home to work. I love to help people become rich.'

Just look at your REAL account's screenshot...!! -83% DD on a 100(!) USD account...

Well, I wonder where do you live where this performance counts as 'good money'. Also, I wonder how do you help people becoming rich... Actually it is not funny... simply pitiful and pathetic...

Attachments:

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Sep 18, 2015   16 posts
Dec 13, 2015 at 08:06
We cant show 3 years of our performance because our old broker close the doors (boston) . But we can show this year and count

https://www.myfxbook.com/members/feelinvestment/signalsoftware30/1387554

Member Since Jun 21, 2015   25 posts
Dec 13, 2015 at 08:27
FxMasterGuru posted:
eNyComics posted:
Well just trying to show some details no need for rudness. Good luck to you!

@eNyComics

1. This thread was started almost 3 years ago .

2. Since then it has reached 56 pages.

3. On those 56 pages there was only ONE strategy which had fulfiiled the stated criteria. Since that strategy was not run at a mainstream and reputed broker, its authenticity is questionable. But lets assume that it was not handcrafted by the broker (I have seen many fabricated 'real' and 'verified' MyFxBook accounts over the past years).

4. In other words: all the other 55 pages are full of b***t.

5. Good luck to you, too!

P.S. What about starting your OWN thread with the title: 'I have been trading for TWO DAYS and I am SUCCESSFUL.'

Just curious, which ONE strategy fulfilled that criteria? Can you share the link pls?
Topic is locked
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.