I've gone through every single Manual Trading system that can display a Real Broker and that does not hide their Equity.( yes this took about an Hour.)
Some traders are better than others. Some are just here to see how their trading system stacks up on statistics and some are here for other reasons. What shocks me How Many people talk the talk but can not back up their comments with some decent results. I dont want to point fingers but the members that are posting in here, do not have results publicly, or their account is below acceptable performance... 30+ equity?
The only one that I would vouch for is Gil. Even though it may be martingale. Adding a larger position is not all that evil if you understand the waves in the market. yeah many people can over do it. And, I have seen a Martingale Money manager that brought their investors 100% a year for 2 years, before the system Blew 50% as EURUSD plunged down without the needed Retrace for the martingale to recover. That being said, Use your martingale for your own money and please spare the investors.
This article grabbed my attention because Scams are on the raise... For example, use GOOGLE TRENDS, and search forex scams.. You will get the big picture.. And this will not stop unless governments shut down brokers.. and yes this is already happening.. This is some very good info from these members above and thank you for helping out this community.
I've spent several hours reading all the suggestions and it just shows that people do WANT to help people, Why else does everyone want MORE transparency..
This site will continue to grow with Real and professional traders as we fix the few needed bugs associated with this statistical approach of documenting our personal trading journals. And by fixing the True equity Drawdown and pointing out the frauds here this site will weed out the fakes very quickly.. And I honext believe, maybe this is the reason why we have not seen the needed changed Just yet, as many members will finally stop promoting their death traps for investors.. But I am all for it..
I hope people can see my comments as being constructive and not insulting.. I have noticed by reading comments here that some people do lash back at others, even if the comments do hold weight. But that is expected as it seams we are All trying to Live from our trading.. That is the whole purpose of trading for myself.. For the Money and Freedom to do whatever I want , when ever I want.