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Who can earn 100% return a month with a DD below 50% and on a regular basis?

hermonysystem
Dec 20 2015 at 09:50
169 posts
M1TFSignals posted:
hermonysystem posted:
Thanks Guys...Actually I do fair trading.Ok let me explain it.Now I think eurusd is strongly up trending and up coming news in possible site.I took 10 pending trade by analyzing my system.So if I was right the trend is strongly gonna the way I thought than it ll hit all 10 of the pending order.Where 80% should be win cause its doing what i expected.Like I have 300 pending order but may be 50-100 ll hit.But if market gonna hit my pending order it ll hit 10 of them.So 80% ll win cause I am not chasing the market.but if the market move where I expected then than I ll get profit.So mathematically I am having 10% winning on my expectation on market movement but this expectation led me 80% successful on winning.Hope u guys are clear about my system now.As why 5 pipe tp and 15 pipe sl always works for me.


I'd really like to understand your strategy, but am not able to follow your explanation.
Maybe I'm getting something wrong, English is not my mothers tongue.
Therefore it would be nice, if you could clarify my questions below:
 - 'So 80% ll win...'
    where do you get this number from? Is it pure guesswork, did you backtest, ...?
 - 'As why 5 pipe tp and 15 pipe sl always works for me'
    you are trading four different pairs, each with its own characteristics.
    How can you be sure, that your fixed sl and tp will 'always' work?
 - taking your numbers, you're opening trades with a risk to reward of ~2.5:1.
   So, you should, at least, win 60 % of your trades, to be profitable in the long run.
   Imagine switching from your demo to a real account and consider your small pips target:
   aren't you afraid, that slippage, widened spread, requotes, limited lot sizes, brokers games, etc. will kill your edge?
   If no, then why not?


Thanks for ur reply.

1st of all lets talk about 80% + success rate.Obviously I have back tested all the major pairs and result was above 80% + winning.
Now get practical, 8 win with 5 pipe total=40 pipe and 2 loss with 15 pipe=30 so profit is 10 pipe.So luck cant turn 10 pipe profit into 1 m all the time.My point of view is if any strategy can make 1m in any market condition with solid basic condition like 5 pipe profit with 15 pipe sl is really worthy for forex trader.U ll not get anything like this so often.

2nd of all when I take a trade I dont manipulate tp or sl from default.So when I take a trade on current price it ll close after 5 pipe tp or 15 pipe sl.No matter is it demo or real.Only matter is the current price I took the order.Broker has to manipulate the slippage on execution time.Like I took the order on 1.08633 and broker gave me 1.08643 like that.But U know what I backtest my system with 10 pipe profit with 15 pipe sl and result was 80% + winning.And i minimize 5 pipe tp cause If broker manipulate execution price there is on way slippage could be more than 5 pipe average.So if I take the order on 1.08633 and broker give me 1.08683 I can still win it by 5 pipe.Cause I took the order on the time where 10 pipe profit could be easily possible.

Finally I am trading with the 80% + winning strategy more like than 3 years with my sexobank and dukascopy with ctrader.But I have improved it in the mean time so my system is more profitable than before when I started at the beginning.As why I know it ll work 100% all the time. Cause odd market situation pay me more than good market situation on my strategy.Actually I can define which market condition suite my trading and I do most on that time.

If I am wrong with any condition I explain above than it is impossible for me to gain 10% a day even I could have lost all my capital.Now u think if u can trade like me is it impossible for u to make 10k per month on regular base????

hermonysystem
Dec 20 2015 at 09:50
169 posts
Actually my main problem with broker is my country dont accept forex trading.So broker can make it as an issue and lock my fund anytime they want.And I cant make complain about it.So I have to be more careful about it before taking a broker.

FxMasterGuru (FxMasterGuru)
Dec 20 2015 at 10:16
1607 posts
@hermonysystem

I am not sure what is your motivation here, but your results are falsified.

What the 'problem' is that all 832 trades over a one week period have EXACTLY either +5.0 pips profits or -15.0 losses.

The issue is with the 'zeros'. THERE IS NO WAY that IC Markets had not slipped even 0.1 pip (+ or -) on ANY OF THE 832 trades, even in demo mode. Furthermore there is no way that ANY broker would not slip even 0.1 pip (+/-) over 800+ trades.

In other words:

1. Your results are HANDCRAFTED.
2. You falsly name your broker as ICM.

In other words you are a SCAMMER.








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hermonysystem
Dec 20 2015 at 14:55
169 posts
FxMasterGuru posted:
@hermonysystem

I am not sure what is your motivation here, but your results are falsified.

What the 'problem' is that all 832 trades over a one week period have EXACTLY either +5.0 pips profits or -15.0 losses.

The issue is with the 'zeros'. THERE IS NO WAY that IC Markets had not slipped even 0.1 pip (+ or -) on ANY OF THE 832 trades, even in demo mode. Furthermore there is no way that ANY broker would not slip even 0.1 pip (+/-) over 800+ trades.

In other words:

1. Your results are HANDCRAFTED.
2. You falsly name your broker as ICM.

In other words you are a SCAMMER.










I think u are the one who asked me to try it in ICM.Anyways what do u mean by slippage explain here.I told u already I am facing slippage but I can make profit through it.If i used arbitrage than slippage could be a big problem for me.And my motivation was making 1 m with solid system.Before showing u the system u never know there could be some profitable system someone using right now.When I told u that I can do this no one believe me.So I am on way to make 1 m in real account and after making 1m and withdraw it from broker I ll add this account here and u guys are always welcome to criticize the real result also.Ill add the account here for the new comer forex trader.Hopefully it ll lead them a successful forex carrier.

hermonysystem
Dec 20 2015 at 14:55
169 posts
Here is my another ICM demo account I was running beside my older one for checking the ICM trick.

https://www.myfxbook.com/members/hermonysystem/maxalator-system-icm2/1456796

FxMasterGuru (FxMasterGuru)
Dec 21 2015 at 01:14
1607 posts
@hermonysystem

Again, the 'problem' is that all the profits are exactly 5.0 pips and the losses are exactly -15.0 pips on all 800+ trades.

There is NO WAY, that at least some trades of the 800+ would not get even a +/- 0.1 pip slippage, in other words some trades should be +5.1 pips or +4.9 pips, and some losses would be -15.1 pips or -14.9 pips. At least.

As some slippage DOES happen on demo accounts, too.

In summary: the pip results are just 'too nicely rounded' and therefore irrealistic, i.e. they carry the hallmark of carefully HANDCRAFTED results. Got it...?

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ProTradersGroup (ProTradersGroup)
Dec 21 2015 at 02:47
386 posts
FxMasterGuru posted:

Again, the 'problem' is that all the profits are ...


You've gave him a lesson for next time 😉


wernerdj7
Dec 21 2015 at 07:20
8 posts
FxMasterGuru (FxMasterGuru)
Dec 21 2015 at 07:22
1607 posts
wernerdj7 posted:
is this real?


What do you mean...?

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wortrader
Dec 21 2015 at 07:43
21 posts
why you not running live with this results.....

i am user in bestforexrebates dot com
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