I want only a safe 4% each month... Which EA?? Thank you

Nov 02, 2012 at 10:42
43,954 Views
1,238 Replies
Member Since May 04, 2012   1608 posts
Mar 12, 2013 at 13:02 (edited Mar 12, 2013 at 13:13)
forexpipcatcher posted:
dxnation posted:
hello forexpipcatcher,

fxmasterguru is right. myfxbook takes into consideration the total investment done over a period of time.

Even when I linked my account here, it displayed total deposits over a period of time.


I have recently linked one of my accounts on myfxbook: https://www.myfxbook.com/members/dxnation/forexguru/508958

Please review it and provide me with your feedback.

By redepositing you are altering the performance of your system and not realising it. If you are trying to show how good a system is why would you put more and more and more money into it rather than just remove when when you reach a certain target... this would deter from it's performance.
Big investers don't want to see this because they dont want to see someone pouring more money into it if the system works they want to see it producing more and more money.
So I understand where fxmasterguru is saying BUT from a big investors point of view it puts doubts in their mind but he puts money in when it dips to capture the maximum profits lol
OK secondly and with such a big DD big investor wont consider it unless you can clearly justify it but I know if you have MM this big DD could be because a system is growing and produces something like this.

To make this short one needs to look at the absolute gain rather then what is presented as well as z-score.

1. I make regular deposits because I trust this automated strategy more and more.

2. The fact that funds are added regularly to this account has absolutely no effect on the percentage gain of the strategy itself. For example: if the EA makes 10 USD profit on 100 USD deposit (using 0.01 lots) it is the same 10% profit as when it makes 100 USD profit on 1000 USD using 0.1 lots (i.e. with the same leverage). So adding money to an account will not change the percentage performance of the strategy.

3. Reinvesting profits is the same thing as realizing (withdrawing/cashing) profits from the account and THEN funding the account with the same exact money (putting it back).

4. So if funding the account has no effect on the profit yield (as clarified above), it also means that reinvesting profits should have no effect on the calculated profit yield either (assuming the same leverage).

5. Just as a final argument: the 'Gain' percentage published by MyFxBook is a 'Time-Weighted Return' (TWR), the explanation of which pops up when the cursor is placed above the word 'Gain'. As also described in Investopedia.com: 'The time-weighted rate of return is the preferred industry standard as it is NOT SENSITIVE to contributions or withdrawals.' (https://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/discounted-cash-flow-time-weighted-return.asp#axzz2NKWY2zcf).

6. In other words the reported 61.68% profit within 4.5 months is uneffected by any funding transactions done during the past 4.5 months.

P.S. No charge. :o)
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Member Since Jan 10, 2013   286 posts
Mar 12, 2013 at 14:12
FxMasterGuru posted:
forexpipcatcher posted:
dxnation posted:
hello forexpipcatcher,

fxmasterguru is right. myfxbook takes into consideration the total investment done over a period of time.

Even when I linked my account here, it displayed total deposits over a period of time.


I have recently linked one of my accounts on myfxbook: https://www.myfxbook.com/members/dxnation/forexguru/508958

Please review it and provide me with your feedback.

By redepositing you are altering the performance of your system and not realising it. If you are trying to show how good a system is why would you put more and more and more money into it rather than just remove when when you reach a certain target... this would deter from it's performance.
Big investers don't want to see this because they dont want to see someone pouring more money into it if the system works they want to see it producing more and more money.
So I understand where fxmasterguru is saying BUT from a big investors point of view it puts doubts in their mind but he puts money in when it dips to capture the maximum profits lol
OK secondly and with such a big DD big investor wont consider it unless you can clearly justify it but I know if you have MM this big DD could be because a system is growing and produces something like this.

To make this short one needs to look at the absolute gain rather then what is presented as well as z-score.

1. I make regular deposits because I trust this automated strategy more and more.

2. The fact that funds are added regularly to this account has absolutely no effect on the percentage gain of the strategy itself. For example: if the EA makes 10 USD profit on 100 USD deposit (using 0.01 lots) it is the same 10% profit as when it makes 100 USD profit on 1000 USD using 0.1 lots (i.e. with the same leverage). So adding money to an account will not change the percentage performance of the strategy.

3. Reinvesting profits is the same thing as realizing (withdrawing/cashing) profits from the account and THEN funding the account with the same exact money (putting it back).

4. So if funding the account has no effect on the profit yield (as clarified above), it also means that reinvesting profits should have no effect on the calculated profit yield either (assuming the same leverage).

5. Just as a final argument: the 'Gain' percentage published by MyFxBook is a 'Time-Weighted Return' (TWR), the explanation of which pops up when the cursor is placed above the word 'Gain'. As also described in Investopedia.com: 'The time-weighted rate of return is the preferred industry standard as it is NOT SENSITIVE to contributions or withdrawals.' (https://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/discounted-cash-flow-time-weighted-return.asp#axzz2NKWY2zcf).

6. In other words the reported 61.68% profit within 4.5 months is uneffected by any funding transactions done during the past 4.5 months.

P.S. No charge. :o)

Something to think about........

If one invested in Nov of 2012 for a month only you would not have made 10%.. if you invested in Oct 2012 for a month only you wouldn't have made 10%, if you invested in Jan 2013 only again one wouldnt have made 10% soooooo to make 10% gain one would have needed to invest for the entire time or when entering to be on the right side of profits..
If I opened up an account and had your system trade it for the first 3 months I would have gained 4.7% not 10% which is excellent compared to 99% of systems out there so the percentage gain is a variable, hence why past results dont imply future results.
Your entry and exits times into any system are crucial just like trading so if I invested in your system in Feb 2013 only I wouldn't have made 10% either in fact I would be kissing you for a 31% gain its all RELATIVE.
So reinvesting will not produce the same results and never will because in theory every month is a 10% unfortunately thats not reality your gains will be based on entry and exit times but a long period of time it is PROJECTED to produce 10%p.m
Member Since May 04, 2012   1608 posts
Mar 12, 2013 at 14:52 (edited Mar 12, 2013 at 14:53)
Yes, that is correct. The absolute monthly gains vary, so the 10% average monthly profit is really just a projection of what one might expect, as within 2 months the monthly average gain could be 5% or 15% depending on how the EA will perform from now on.

So at best we can say that this EA is likely to produce an average of 10% profit per month. To assess the likelihood of achieving this average 10% in the future, we should really know the probability factor of it, i.e. the so-called 'p value', which is unfortunately not available through MyFxBook.
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pip2cash
forex_trader_8139
Member Since Mar 04, 2010   423 posts
Mar 12, 2013 at 15:05
yellownight posted:
 deposit in differnt banks of Belarus give 3% per month )

Hi,

It is 3% a month or a year?

Regards,
SIM
Member Since Jul 03, 2012   3 posts
Mar 12, 2013 at 16:05
pip2cash posted:
yellownight posted:
 deposit in differnt banks of Belarus give 3% per month )

Hi,

It is 3% a month or a year?

Regards,
SIM
I didnt mistake, 3 per month or 40% per year, but with recapitalization it will be more than 40% for year.

 But blr. rubl have big risk of devalvation, last was in 2011 value of b.r. decline on 200%.
Member Since Aug 31, 2011   34 posts
Mar 12, 2013 at 16:37
Funny Thread ..... specially if you read the first 10 sites .... '10% in a month are so easy - without risk' blaaaaah
and then watch the deleted account`s - the accounts with pure grid systems other martin gales or simple TP 20 and without SL and floating to the moon.
Member Since Jan 09, 2013   32 posts
Mar 15, 2013 at 19:34
yep, 10% a month can be sustainable in long-term, but it takes me 15 hours daily, sitting in front of my monitors and it is definitely NOT easy or WITHOUT a risk:-)
and I seriously doubt any EA can do this for me in long-term. would be nice to sit on the beach, drink soda and check my profits regularly but so far I didn't find any automatic system that could do the same results for me...none of them stays profitable longer then a year.
but if anyone knows some holy-grail EA, please let me know, every Friday I'm soooo tired and want to find another job! :-)

johnplayer posted:
Funny Thread ..... specially if you read the first 10 sites .... '10% in a month are so easy - without risk' blaaaaah
and then watch the deleted account`s - the accounts with pure grid systems other martin gales or simple TP 20 and without SL and floating to the moon.
Member Since Feb 19, 2011   61 posts
Mar 15, 2013 at 20:24
Just like any other job / business / work that we all do we put our efforts in it. Same goes for Forex Trading, it is a work that involves analysis, understanding of the market movements, global trends, various economic parameters and much more.

EA's are nothing but a piece of code that helps you automate your task it would not have its own brain to analyze the situation and act accordingly.

If this was the case then all these major banks and financial institutions will hire the best of the programmers and develop a failsafe system which would keep reaping them tons of benefits.

But that is not the case and it won't be. Cause market cannot be predicted.

So people please don't spend (waste) money on systems which might not be able to perform at the same rate over a course of time.

If you want to make money, then either you learn the tricks of trade or invest your funds with some experienced trader who won't be putting your funds at high risk. No one would be able to precisely by able to generate consistent profits.

If it would be the case then you would see everyone doing 1000 to 1 MN in short time and we would have solved the world economy crisis.

Even CFTC disclaimer mentions about all the risk that comes with trading any stocks, bonds, futures or forex.

So lets get real with this and be honest rather then trying to argue on who is better than the other.
Be among the very successful Forex Account Managers.
Member Since Jan 14, 2010   2299 posts
Mar 26, 2013 at 00:04
LOL, you are total cretin.

forexpipcatcher posted:
Chikot posted:
Considering your language I would not even go there as language is a true expression of who you are.
I have never seen a single intelligent or even mildly normal post from you.
Considering you can code, you should have been able to figure strategy by now and become successful as coding allows collect statistically important information. The fact you have not been able to do this after 5 years with ability to code says you are either retard or you lack character necessary to succeed.
I am not claiming to be successful as of yet, but I know quite a few traders who make living from trading successfully and consistently and I have not seen anybody of your bunch among them.


forexpipcatcher posted:
Chikot posted:
If your mommy has not been able to teach you good manners who can...

forexpipcatcher posted:
show me how :D

I would say your mommy but seeing your great manners one wouldn't wanna go through that same turtore that was inflicted on your lack of brains

I cannot reward you for being stupid or predicting others are as stupid as you. The only thing I can code is your stupidity I will never get that wrong and since you know so many that make a living out of trading and they are so close to you and you can't explains why you're a total failure. You are too much of a failure to see who is successful and who is having you on. Now crawl back to the rock you were under punk 😁
Member Since Jan 10, 2013   286 posts
Mar 26, 2013 at 06:48
Chikot posted:
LOL, you are total cretin.

forexpipcatcher posted:
Chikot posted:
Considering your language I would not even go there as language is a true expression of who you are.
I have never seen a single intelligent or even mildly normal post from you.
Considering you can code, you should have been able to figure strategy by now and become successful as coding allows collect statistically important information. The fact you have not been able to do this after 5 years with ability to code says you are either retard or you lack character necessary to succeed.
I am not claiming to be successful as of yet, but I know quite a few traders who make living from trading successfully and consistently and I have not seen anybody of your bunch among them.


forexpipcatcher posted:
Chikot posted:
If your mommy has not been able to teach you good manners who can...

forexpipcatcher posted:
show me how :D

I would say your mommy but seeing your great manners one wouldn't wanna go through that same turtore that was inflicted on your lack of brains

I cannot reward you for being stupid or predicting others are as stupid as you. The only thing I can code is your stupidity I will never get that wrong and since you know so many that make a living out of trading and they are so close to you and you can't explains why you're a total failure. You are too much of a failure to see who is successful and who is having you on. Now crawl back to the rock you were under punk 😁


LOL Thanks for your kind words ... like anyones words will effect me.
Member Since Apr 18, 2011   45 posts
Apr 10, 2013 at 12:02
I offer managed account with 10 - 20% profit monthly, low drawdown, check my website www.fxfundmanagement.com

Real results on real account verified by myfxbook https://www.myfxbook.com/members/scalpingforex/client-1/518945

Minimum investment $1,000

Performance fee between 20-40% based on high watermark, depending on deposit amount.
Member Since Jun 23, 2010   9 posts
May 15, 2013 at 17:45
i am looking for serious investors with high amounts looking for safe profit .

see Real history: https://www.myfxbook.com/members/fxstay/fxstay/571592

Please note we can change risk reward to decrease DD..the risk reward can choose by investor for example if an investor choose 10% risk reward , the DD limited to %10 and the profit also limited to %10 .. the risk reward can decrease to 5% for high amounts
Member Since Apr 18, 2011   45 posts
May 16, 2013 at 06:07
But this EA offers an average of 11% profit monthly, they have real results verified by myfxbook since 2011, www.forexeanumberone.com
Member Since Nov 23, 2012   8 posts
Jun 05, 2013 at 12:06
https://www.myfxbook.com/members/dragon111/marcodd-r/565878

Check mine, 20% profit with less than 20% DD. One month result, will let it roll...😁
I believe in Practice makes Permanence, not Practice makes Perfect.
Member Since Jun 08, 2013   15 posts
Jun 08, 2013 at 17:46
EAs? well manual is best for me
MANAGED ACCOUNT (PAMM)
Member Since May 04, 2012   1608 posts
Jun 08, 2013 at 19:47
dragon111 posted:
https://www.myfxbook.com/members/dragon111/marcodd-r/565878

Check mine, 20% profit with less than 20% DD. One month result, will let it roll...😁

Typical Martingale 'timebomb'. Why? This month so far: 9.3% profit with -1559 pips loss. I am still about to see a Martingale strategy which has survived more than 6 months...

Just look at this typical and recent Martingale story, which has become actually a 'signal service': https://www.myfxbook.com/members/maxpro_vn/pings-ea-signal-service/594546 I guess there were no happy subscribers...
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Member Since May 04, 2012   1608 posts
Jun 08, 2013 at 19:55
scalpingforex posted:
But this EA offers an average of 11% profit monthly, they have real results verified by myfxbook since 2011, www.forexeanumberone.com

Since the trades last only for a couple of seconds, the owners are already closing their positions when their subscribers just get the fills. Oh, by the way: impressive 10% profit for the past 5 months. Good luck even reproducing the 2% per month.

Here is a Number One EA client account: https://www.myfxbook.com/members/pureecn/number-one-ea-client-account/540433

Hmmmm....
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Member Since May 04, 2012   1608 posts
Jun 08, 2013 at 19:59
fxstay posted:
i am looking for serious investors with high amounts looking for safe profit .

see Real history: https://www.myfxbook.com/members/fxstay/fxstay/571592

Please note we can change risk reward to decrease DD..the risk reward can choose by investor for example if an investor choose 10% risk reward , the DD limited to %10 and the profit also limited to %10 .. the risk reward can decrease to 5% for high amounts

Just simply funny. This strategy is looking for serious investors with -76% loss and with -89% max. DD... Hey, investors, anybody out there want to loose your hard earned money, FAST...? 😄

Is it a f...ing kindergarten here...??
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Member Since Jan 10, 2013   286 posts
Jun 08, 2013 at 21:22 (edited Jun 08, 2013 at 21:23)
lol you're sounding like me buddy lol lol.. actually fxmaster ichi survived 9 months with real account made it look like its a trillionaire that has martingale but like always BOOOOOOOOOM... it blew the account lmao...some idiots just never learn!
Member Since Nov 23, 2012   8 posts
Jun 09, 2013 at 06:23
FxMasterGuru posted:
dragon111 posted:
https://www.myfxbook.com/members/dragon111/marcodd-r/565878

Check mine, 20% profit with less than 20% DD. One month result, will let it roll...😁

Typical Martingale 'timebomb'. Why? This month so far: 9.3% profit with -1559 pips loss. I am still about to see a Martingale strategy which has survived more than 6 months...

Just look at this typical and recent Martingale story, which has become actually a 'signal service': https://www.myfxbook.com/members/maxpro_vn/pings-ea-signal-service/594546 I guess there were no happy subscribers...

Hi, I know it is risky, I tested this on demo with 45% gain in 4 months but with large DD, after reset the setting, I try it on real account which is just cent account, now 1 months plus with profit with lower DD, I wonder how it will perform as well.

Same here, I gonna test it for at lest 6 months or until end of the year, see whether it will survive or its a time bomb as you mentioned.

Cheers.
I believe in Practice makes Permanence, not Practice makes Perfect.
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