Show your profitable account here.
Mar 02, 2020 at 10:08
scalperking posted:I just did some researches about this broker.
Dear traders more then one year of successfull manual trading with consistent results and low drawdown https://www.myfxbook.com/members/scalperking/100ksystem/3671624 thanks
Sorry i will never believe anything from this brokerage .
Member Since Dec 07, 2015
53 posts
Mar 03, 2020 at 05:21
small profit but long run
The Mad Quant (madquant)
Member Since Aug 26, 2019
52 posts
Mar 03, 2020 at 09:47
Great! I love to see more profitable trades. :-)
forex_trader_688163
Member Since Feb 28, 2019
140 posts
Mar 04, 2020 at 00:13
Mar 05, 2020 at 06:39
To make money consistently with low draw down
Forex Ninja (fxninjaea)
Member Since Sep 17, 2019
22 posts
Mar 05, 2020 at 12:23
From the beginning, four emotions have been guiding people in the market: greed, fear, ignorance and hope. That is why the formations known to us on the chart are still repeating.
Member Since Mar 06, 2020
4 posts
Mar 06, 2020 at 13:51
BenNathanFX posted:Interesting saying
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
vontogr (togr)
Member Since Feb 22, 2011
4862 posts
Mar 06, 2020 at 14:23
Ralf4654747 posted:BenNathanFX posted:Interesting saying
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
The classic Martin Gale is actually very poor system because you risk too much to get a little. Classic is to double the trade size after loss.
Example:
We have a trading system on $100 account which for 0.01 lot $1 profit or loss
1st trade 0.01 = - $1
2nd trade 0.02 = - $2
3rd trade 0.04 = - $4
4th trade 0.08 = - $8
5th trade 0.016= +$16
So we have increased the trade size 16 times
Our losses were - $15
While profit was + $16
So overall outcome is just $1.
That is in case martingale close the row in profit. If it does not happen the loss would be 32,64.. and boom account wipped out.
Forex Ninja (fxninjaea)
Member Since Sep 17, 2019
22 posts
Mar 06, 2020 at 14:59
Ralf4654747 posted:BenNathanFX posted:Interesting saying
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....
Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....
It all depends on the strategy and type of stop loss. Martingale can be perfect if, for example, we use stop loss on capital, e.g. when it drops by 5%, we close all positions. Then the efficiency counts and the market verifies the consequences and whether it stays on assumptions. There are people who play TP 2 pips and stop loss 100 pips. at first glance seems silly but if their effectiveness is higher than 98.5% then it is a very good strategy. It all depends on the specific assumptions they contain.
From the beginning, four emotions have been guiding people in the market: greed, fear, ignorance and hope. That is why the formations known to us on the chart are still repeating.
Mar 07, 2020 at 12:43
https://www.myfxbook.com/members/almfx/icmarkets-cl/3553674
Icmarkets
Mo martingale or gird.
On oct i re optimized the system and it didnt go well. And then i optimized again and its working fine
Icmarkets
Mo martingale or gird.
On oct i re optimized the system and it didnt go well. And then i optimized again and its working fine
Roy Hibraim Garrido Manrique (forexquimera)
Member Since May 22, 2017
3 posts
Mar 08, 2020 at 18:11
Hi you all,
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
No hay victoria sin sacrificio
Mar 09, 2020 at 05:28
Dear traders more then one year of successfull manual trading no robots only manual trading with consistent results and very low drawdown https://www.myfxbook.com/members/scalperking/100ksystem/3671624 thanks
To make money consistently with low draw down
Mar 09, 2020 at 08:49
forexquimera posted:
Hi you all,
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
You should not be showing your trading until basic conditions are met. You see the result, blown account.
Mar 09, 2020 at 11:11
take advantage of the market.
https://www.myfxbook.com/members/Morena2007/pegasus-15-safe-mode/3201032
https://www.myfxbook.com/members/Morena2007/pegasus-15-safe-mode/3201032
Mar 09, 2020 at 11:40
scalperking posted:Sorry. But i never believe anything from this broker.
Dear traders more then one year of successfull manual trading no robots only manual trading with consistent results and very low drawdown https://www.myfxbook.com/members/scalperking/100ksystem/3671624 thanks
Only some promises and slogan. No any regulatory
vontogr (togr)
Member Since Feb 22, 2011
4862 posts
Mar 09, 2020 at 12:10
forexquimera posted:You lost the whole account today Today
Hi you all,
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
-99.46% (-129.28%)
Matt (BluePanther)
Member Since Jan 25, 2010
1359 posts
Mar 09, 2020 at 12:31
togr posted:forexquimera posted:You lost the whole account today Today
Hi you all,
First of all, I want to explain what it is about this account posted. This account is real money, and belong to a client looking for recovering its initial capital ($2,000) after a horrible 2019 and no happy start in 2020. I have took the administration in Frebruary 2020 as a challenge againts the probabilities. I'm sure just a few well trained traders will appreciate this information and process. The final result could be astonishing.
https://www.myfxbook.com/members/forexquimera/clientesmt4-473683/4673639
-99.46% (-129.28%)
Definitely astonishing final result.
Very unfortunate.
roi_systems
Member Since Jul 24, 2012
3 posts
Mar 09, 2020 at 14:56
(edited Mar 09, 2020 at 14:57)
This EA survived the March brutal movements and also backtested since 2010 with great results:
https://www.myfxbook.com/members/roi_systems/genie-icmarkets/3318557
the EA can be found here:
https://www.mql5.com/en/market/product/38619
https://www.myfxbook.com/members/roi_systems/genie-icmarkets/3318557
the EA can be found here:
https://www.mql5.com/en/market/product/38619
The Mad Quant (madquant)
Member Since Aug 26, 2019
52 posts
Mar 10, 2020 at 11:19
I love to see more profitable accounts and systems. :-)
Mar 10, 2020 at 17:46
scalperking posted:
Dear traders more then one year of successfull manual trading no robots only manual trading with consistent results and very low drawdown https://www.myfxbook.com/members/scalperking/100ksystem/3671624 thanks
Gary, you can switch up your name and switch up the name of the shady brokers and it still will never make it a system people can safely invest with...PLEASE USE AN HONEST BROKER
test the waters, before you dive in
