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Show your profitable account here.

gammag
Jan 23 2020 at 15:43
49 posts
killerrj8 posted:
gammag posted:
killerrj8 posted:
Okay, I will share my result of a non-scam account.
I don't have 1000% return or something like others, but it's good enough for me. :)

https://www.myfxbook.com/members/killerrj8/strategy-safe-reliable/3551583

looks interesting :-) and yes, Roboforex ist a genuine broker.
I like profit and drawdown. I personally do not look for high numbers and high risk.

my feedback would be, though:
- why Cent account?
- lots per balance is actually quite high. Recent transactions are 1 lot per 13k. I personally tend more to 0.1 per 10k. which is a factor of 10, but then for your strategy, results would be also divided
- most imporant - MAE does not look good. see attachment.
can this be improved?




Hey, I opened a cent account to actually take some higher risks. I opened it like 8 months ago together with my brother. Switched accounts around though, so performance is only visible from september.
 
MAE is a statistic, that I don't really know too much about. Take Profit and Stop Loss is something I don't really use. I use trailing stops, which are hidden and run with an expert advisor.
So maybe that's why? I am not sure honestly. I have experience with my strategy for around 3 years now and it has been working so far.

Granted, it may not be that long, but it's good enough for me. I will see what the future brings. :)


wish you all the best
in case you want to read about MAE, it's not about SL and TP, it is more about the quality of the entry point and holding loosing trades until they get to breakeven and profit:
https://www.myfxbook.com/community/general/new-mae--mfe-feature/518439,1

gammag
Jan 23 2020 at 15:47
49 posts
prapun77 posted:
https://www.myfxbook.com/members/prapun77/ss2019/3532285


looks like very simple grid strategy with distance of 250 points, but astonishing stable due to good risk/money management, I guess.
congratulations.


Marketmultitool
Jan 23 2020 at 21:23
69 posts
killerrj8 posted:
Okay, I will share my result of a non-scam account.
I don't have 1000% return or something like others, but it's good enough for me. :)

https://www.myfxbook.com/members/killerrj8/strategy-safe-reliable/3551583


That's some crazy trading bro.

Strength and honor.
joneiltrader
Jan 24 2020 at 21:59
10 posts
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777

gammag
Jan 24 2020 at 23:32
49 posts
joneiltrader posted:
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777


can you achieve the same results with one of the regulated and known brokers like IcMarkets, Oanda, Pepperstone, etc?

almfx
Jan 25 2020 at 22:28
232 posts
https://www.myfxbook.com/members/almfx/new-horizons/3585765

This month is ending with 1.79% in profit. And system maximum drawdown is 1% still.


joneiltrader
Jan 26 2020 at 13:25
10 posts
gammag posted:
joneiltrader posted:
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777


can you achieve the same results with one of the regulated and known brokers like IcMarkets, Oanda, Pepperstone, etc?


Not sure. I've not looked at those brokers.

Being in the US it's harder to get setup with brokers who have 500:1 leverage and allow use of EAs.

If those brokers offered that kind of leverage and could use EA then I don't see why it would be any different.

gammag
Jan 26 2020 at 13:44
49 posts
joneiltrader posted:
gammag posted:
joneiltrader posted:
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777


can you achieve the same results with one of the regulated and known brokers like IcMarkets, Oanda, Pepperstone, etc?


Not sure. I've not looked at those brokers.

Being in the US it's harder to get setup with brokers who have 500:1 leverage and allow use of EAs.

If those brokers offered that kind of leverage and could use EA then I don't see why it would be any different.


The problem is in general with 'unknown' brokers that the results cannot be trusted. I don't say that yours cannot be trusted, they look ok, but in general many people fake their accounts with dodgy brokers to get results looking excellent (e.g. 1% DD and 30% profit per month). which are obviously unrealistic and forged.

therefore my question.
your results do not look unrealistic, I think they are real. if they would be forged, you would do them better looking for sure ;-)

Marketmultitool
Jan 26 2020 at 15:30
69 posts
gammag posted:
joneiltrader posted:
gammag posted:
joneiltrader posted:
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777


can you achieve the same results with one of the regulated and known brokers like IcMarkets, Oanda, Pepperstone, etc?


Not sure. I've not looked at those brokers.

Being in the US it's harder to get setup with brokers who have 500:1 leverage and allow use of EAs.

If those brokers offered that kind of leverage and could use EA then I don't see why it would be any different.


The problem is in general with 'unknown' brokers that the results cannot be trusted. I don't say that yours cannot be trusted, they look ok, but in general many people fake their accounts with dodgy brokers to get results looking excellent (e.g. 1% DD and 30% profit per month). which are obviously unrealistic and forged.

therefore my question.
your results do not look unrealistic, I think they are real. if they would be forged, you would do them better looking for sure ;-)


I'd be more concerned with no downside risk protection ,if your ok with that your nuts.

Strength and honor.
joneiltrader
Jan 26 2020 at 22:46
10 posts
Marketmultitool posted:
gammag posted:
joneiltrader posted:
gammag posted:
joneiltrader posted:
Ok I'm going to share my account. My goal is to be here in 5 years still rocking.

Been trading a little over 5 months.

I have a mixture of using an EA and Manual trading.

I'm in drawdown all the time so have gotten a bit more comfortable with that, but my strategy requires small lot sizes for my account size because in big market moves it will end up in high drawdown and swap fees if I carry trades over nights, or weeks.

Anyways this is a real account.

https://www.myfxbook.com/members/joneiltrader/jason/3492777


can you achieve the same results with one of the regulated and known brokers like IcMarkets, Oanda, Pepperstone, etc?


Not sure. I've not looked at those brokers.

Being in the US it's harder to get setup with brokers who have 500:1 leverage and allow use of EAs.

If those brokers offered that kind of leverage and could use EA then I don't see why it would be any different.


The problem is in general with 'unknown' brokers that the results cannot be trusted. I don't say that yours cannot be trusted, they look ok, but in general many people fake their accounts with dodgy brokers to get results looking excellent (e.g. 1% DD and 30% profit per month). which are obviously unrealistic and forged.

therefore my question.
your results do not look unrealistic, I think they are real. if they would be forged, you would do them better looking for sure ;-)


I'd be more concerned with no downside risk protection ,if your ok with that your nuts.


What do you mean?

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