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gary (scalperking)
Mar 02 2020 at 05:55
179 posts
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
To make money consistently with low draw down
AmDiab
Mar 02 2020 at 09:55
718 posts
scalperking posted:
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

Good job! I would like to judge your account after 4-5 months! Keep hunting Man!
almfx
Mar 02 2020 at 10:08
251 posts
scalperking posted:
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
I just did some researches about this broker.
Sorry i will never believe anything from this brokerage .
The Mad Quant (madquant)
Mar 03 2020 at 09:47
52 posts
Great! I love to see more profitable trades. :-)
MatSwing
forex_trader_[688163]
Mar 04 2020 at 00:13
140 posts
gary (scalperking)
Mar 05 2020 at 06:39
179 posts
Forex Ninja (fxninjaea)
Mar 05 2020 at 12:23
22 posts
https://www.myfxbook.com/members/fxninjaea/forex-ninja-levels/4117776
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.
Ralf4654747
Mar 06 2020 at 13:51
4 posts
BenNathanFX posted:
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....

Interesting saying

vontogr (togr)
Mar 06 2020 at 14:23
4862 posts
Ralf4654747 posted:
BenNathanFX posted:
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....

Interesting saying


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)
Mar 06 2020 at 14:59
22 posts
Ralf4654747 posted:
BenNathanFX posted:
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....

Interesting saying


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.
almfx
Mar 07 2020 at 12:43
251 posts
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
Roy Hibraim Garrido Manrique (forexquimera)
Mar 08 2020 at 18:11
3 posts
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
No hay victoria sin sacrificio
gary (scalperking)
Mar 09 2020 at 05:28
179 posts
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
sjkhaushu
Mar 09 2020 at 08:49
143 posts
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.
Vedran (Morena2007)
Mar 09 2020 at 11:11
10 posts
almfx
Mar 09 2020 at 11:40
251 posts
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
Sorry. But i never believe anything from this broker.
Only some promises and slogan. No any regulatory
vontogr (togr)
Mar 09 2020 at 12:10
4862 posts
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 lost the whole account today Today
-99.46% (-129.28%)
Matt (BluePanther)
Mar 09 2020 at 12:31
1357 posts
togr posted:
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 lost the whole account today Today
-99.46% (-129.28%)

Definitely astonishing final result.
Very unfortunate.
roi_systems
Mar 09 2020 at 14:56
3 posts
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
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