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EA with over 500% profit in first week

Master_Kiwa
Apr 03 2014 at 20:09
402 posts
Silverthorn posted:
Sorry I missed that. Does not linking an account make you a failure!!! Ohhhhhh Crap!!! I'm doing it all wrong!!


Baaaaaaahhhh Baaaahhhh!!


 Yes not linking account does make you a failure. A greater one, because you are criticizing someone who is actually trading.

Focus on pip-drawdown
Silverthorn (Silverthorn)
Apr 03 2014 at 21:06
268 posts
Thanks .... Now I get it. Kinda like not updating your account after bragging about it?

Still not updated!!

You can't spend open trades.
forexforyou
Apr 03 2014 at 21:30
8 posts
Master_Kiwa posted:
Hot air? How is 500% hot air? Hot air would be making promises without actually proving it. My 500% week was proven. Just as your account proves that you are in search of someone to copy.


No, it wasn't proved you made 500%. All you did was blow your account. Everyone know that.

It is strange, only you don't know!

HolyCow
Apr 03 2014 at 21:30
41 posts
Kiwa, making 500% in one week shows you have no idea of what risk control is. To make 500% in one week you must be very over leveraged and put heavy bets. I have no doubt you have blown many accounts too.
I am not trading FX so I do not have account connected to myfxbook.

forexforyou
Apr 03 2014 at 21:30
8 posts
Guys, I have an Idea.

Lets ask kindly admin to disable Costum Start Date on:

https://www.myfxbook.com/members/Master_Kiwa/scalping-kiwas-way/804483

Lets see how fast he will delete the system. Bacause without Costum Start Date, very very UGLY system

Anyone agree?

HolyCow
Apr 03 2014 at 21:30
41 posts
Silverthorn, my BS is a holy one ;) But I can detect regular BS too



Silverthorn posted:
Holy Cow if anybody is qualified to identify Bull Shyt when you see it it would be you!! LOL 😀

Cow.... Bull... Get it?? Naaa don't worry about me!! I'm outa here again!!

Attachments:


Master_Kiwa
Apr 03 2014 at 23:36
402 posts
HolyCow posted:
Kiwa, making 500% in one week shows you have no idea of what risk control is. To make 500% in one week you must be very over leveraged and put heavy bets. I have no doubt you have blown many accounts too.
I am not trading FX so I do not have account connected to myfxbook.


 Well that is where you are wrong. Which is why I linked these accounts. Why don't you look at how accurate the entries actually are. If your % tilts in your favor for a long why not wager say 3-4 dollars a pip? I rather get to + pips then have money stuck in - pips which in the future will turn into big pips. You wasted the most important thing in forex.... TIME! 500% PROFIT reveals that. If you have patterns which repeat enough you can actually wager correctly that you won't lose a wager. You can hedge binary with MT4. Trading is very complex and even if you risk low, you still end up crashing at the end when you become bias. With scalping bias leads to big fat losses. You don't trade forex so you won't understand. You think all of those silly books will make you a great trader one day, when in reality it will make you the clone of someone else.

Focus on pip-drawdown
Master_Kiwa
Apr 03 2014 at 23:42
402 posts
forexforyou posted:
Guys, I have an Idea.

Lets ask kindly admin to disable Costum Start Date on:

https://www.myfxbook.com/members/Master_Kiwa/scalping-kiwas-way/804483

Lets see how fast he will delete the system. Bacause without Costum Start Date, very very UGLY system

Anyone agree?


 Ugly system is not the word. All of my trading prior has been done manually. So with that you have bias to certain trades. With what we will accomplish here is running up accounts, then withdrawing all of the funds out. As if it actual income. When your bias you enter into trades you shouldn't which could lead to the start of more bad trades. Anyone who says they don't have those spells are lying. So by creating an EA, you take bias right out of the equation. The computer will always stop you out where you should and always enter the correct orders as per what you requested it do. Your win % should increase. You also have to factor in accumulation markets. Those markets work differently as they have smaller pivot levels. Smaller pivot levels create what looks like a breakout is only a small pivot run. You then get trapped in accumulation which drains your account slowly. If you can program your robot, then you will never have to worry about accumulation bias either.

Focus on pip-drawdown
Engineroomsys (Engineroomsys)
Apr 04 2014 at 07:46
4 posts
forexforyou posted:
Master_Kiwa posted:
Hot air? How is 500% hot air? Hot air would be making promises without actually proving it. My 500% week was proven. Just as your account proves that you are in search of someone to copy.


No, it wasn't proved you made 500%. All you did was blow your account. Everyone know that.

It is strange, only you don't know!


Just update the account, what are you hiding for?

GrandFS
Apr 04 2014 at 13:13
11 posts
Master_Kiwa posted:
HolyCow posted:
Kiwa, making 500% in one week shows you have no idea of what risk control is. To make 500% in one week you must be very over leveraged and put heavy bets. I have no doubt you have blown many accounts too.
I am not trading FX so I do not have account connected to myfxbook.


 Well that is where you are wrong. Which is why I linked these accounts. Why don't you look at how accurate the entries actually are. If your % tilts in your favor for a long why not wager say 3-4 dollars a pip? I rather get to + pips then have money stuck in - pips which in the future will turn into big pips. You wasted the most important thing in forex.... TIME! 500% PROFIT reveals that. If you have patterns which repeat enough you can actually wager correctly that you won't lose a wager. You can hedge binary with MT4. Trading is very complex and even if you risk low, you still end up crashing at the end when you become bias. With scalping bias leads to big fat losses. You don't trade forex so you won't understand. You think all of those silly books will make you a great trader one day, when in reality it will make you the clone of someone else.


Except most here are beginners, i see no reason why we should torment this guy (Kiwa's) trade system, he had a brilliant idea and a great vision which personally if you ask me i would say 'Isn't far fetched from being perfect'. Yes he had an early celebration and somewhat stepped on some few toes, obvious now we all know what had happened. So be it, end of discussion, why be kids about it. Please i stress all to notice the 'Topic' of this 'Forum' section, which i believed reads 'Experience Traders'.

Hmmmm to you @HolyCow you should know that you can actually make 500% a week without risking that much, i mean we all know it wouldn't be 'every week', sure as it depends on market data for that week and a good trade 'SCALPING' strategy. Believe that is why it is call 'Scalping' isn't it? You say you do not trade even though we all know that a lie on a safe exit, but if really you do not nor a strategy developer? then i advise you clear out. Although 500% is worth too much a risk for reals, i mean let's be frank. But since we all know the obvious truth, why bug a man who at least 'TRIED'?

And @Master_Kiwa gosh really you are something else. 'Let it go' if truly you are a 'Developer' you should know this things happen and for start not come out the way you did, especially while you are still profiling an EA in the Market, you wait you observe, however irregular backtesting is you still BackTest and hope to be above 80%, even then you have to test on current demo for weeks, yet still aren't done... until you make it work miracles on a live account. This way and only this way should you be courageous enough to speak of it. Especially to Trade PROS. Anything less, you only need ask for persons 'opinion'. Which i think it's time to discuss trading and listen to your 'once remarkable idea' in proper tones i might add, and anyone experienced enough, whom of course can spare the time would a thought/idea.

Trust it's been a fun week to y'all? Happy Trading

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