To use chat, please login.
Back to contacts

Your best system

Profitlover092
May 11 2014 at 12:25
4 posts
I think it is very possible to make such percents, I personaly have few systems that are making safe 1 % daily, you can look at my portfolio


Happy trading :)



1- Real and demo doesn't work the same way and actually 3 months isn't enough!
2- As per average win/loss and best trade etc..., I think it's easy to play with these figures to make your average loss very low and average win very high, same thing with trade length,, so for me it doesn't prove anything!
3- Drawdown is very important, but since with myfxbook autotrading we can control the Drawdown stop by editing advanced setting, so I think the most important thing here is profitability and how long the trader survived.

Happy trading and good luck to everyone 😄

forexpipcatcha
May 11 2014 at 14:24
325 posts
Profitlover092 posted:
I think it is very possible to make such percents, I personaly have few systems that are making safe 1 % daily, you can look at my portfolio


Happy trading :)



1- Real and demo doesn't work the same way and actually 3 months isn't enough!
2- As per average win/loss and best trade etc..., I think it's easy to play with these figures to make your average loss very low and average win very high, same thing with trade length,, so for me it doesn't prove anything!
3- Drawdown is very important, but since with myfxbook autotrading we can control the Drawdown stop by editing advanced setting, so I think the most important thing here is profitability and how long the trader survived.

Happy trading and good luck to everyone 😄

That's it? Your life relies on One month worth of data? lol So many like you exist out here like that swiss management freak who starts up a new strategy every time his old one blows and then tries to sell it to the public as a good strategy making steady profits lol.

FXpromos
May 18 2014 at 06:28
32 posts
The first thing I look for is good steady profit curve

The second thing I look for is 1 years verified live trading because so many great accounts crash
within the first year.
However if you can start for as low as 1K,
see the equity and balance at all times on your MT4 and have control of the account at all times,
 5 or 6 months of verified live trading will do.

The third thing I look for is Drawdown under 10% and about the same as the monthly profit.
because if you profit for the first few months you have a very good chance of being successful.
It is just simple, beautiful maths.
 (Eg even if the trader does go into a nose dive you can bailout while still in profit,
 if you profit in the first few months).

The 4th thing is the trader has to be responsive to communications.
This account https://www.myfxbook.com/members/togr/fxprimusc21/756902 by Thread Author
has met most of my criteria, therefore little surprize
an inspiring start has been made on my account and in another 6 months more can be added
and it could well become my number one account to promote although it is not the only one by
any means I have researched.




FXpromos
May 18 2014 at 06:29
32 posts
I do have an independently audited, Live verified trader with a great three year history that one client
 is ready to start with.

It is a 10K start and the average monthly profit of 2013 was only 1.95%, but the manager communicates
reliably through email and alot of people want that 12 months or more Live Trading record.

My heart will always be with the smaller fish investor though so really hoping Thread Author keeps thriving.

forexpipcatcha
May 18 2014 at 07:23
325 posts
FXpromos posted:
I do have an independently audited, Live verified trader with a great three year history that one client
 is ready to start with.

It is a 10K start and the average monthly profit of 2013 was only 1.95%, but the manager communicates
reliably through email and alot of people want that 12 months or more Live Trading record.

My heart will always be with the smaller fish investor though so really hoping Thread Author keeps thriving.


Do you know what full of shit means? It's all about the money otherwise you wouldn't exit here.

forexpipcatcha
May 18 2014 at 07:26
325 posts
FXpromos posted:
The first thing I look for is good steady profit curve

The second thing I look for is 1 years verified live trading because so many great accounts crash
within the first year.
However if you can start for as low as 1K,
see the equity and balance at all times on your MT4 and have control of the account at all times,
 5 or 6 months of verified live trading will do.

The third thing I look for is Drawdown under 10% and about the same as the monthly profit.
because if you profit for the first few months you have a very good chance of being successful.
It is just simple, beautiful maths.
 (Eg even if the trader does go into a nose dive you can bailout while still in profit,
 if you profit in the first few months).

The 4th thing is the trader has to be responsive to communications.
This account https://www.myfxbook.com/members/togr/fxprimusc21/756902 by Thread Author
has met most of my criteria, therefore little surprize
an inspiring start has been made on my account and in another 6 months more can be added
and it could well become my number one account to promote although it is not the only one by
any means I have researched.





By the way that system you proposed is bad, just because he has been lucky doesn't mean anything. He has no SL i.e the whole account is in the balance each time he trades. Your as good as he is obviously lol

Donex
May 18 2014 at 07:44
90 posts
FXpromos posted:
The first thing I look for is good steady profit curve

The second thing I look for is 1 years verified live trading because so many great accounts crash
within the first year.
However if you can start for as low as 1K,
see the equity and balance at all times on your MT4 and have control of the account at all times,
 5 or 6 months of verified live trading will do.

The third thing I look for is Drawdown under 10% and about the same as the monthly profit.
because if you profit for the first few months you have a very good chance of being successful.
It is just simple, beautiful maths.
 (Eg even if the trader does go into a nose dive you can bailout while still in profit,
 if you profit in the first few months).

The 4th thing is the trader has to be responsive to communications.
This account https://www.myfxbook.com/members/togr/fxprimusc21/756902 by Thread Author
has met most of my criteria, therefore little surprize
an inspiring start has been made on my account and in another 6 months more can be added
and it could well become my number one account to promote although it is not the only one by
any means I have researched.


Did you see the account from the beginning? It is using a custom start date. Analyze the account from the start date and you'll see that it has already been wiped out.

Hate your losers more than you like your winners
FXpromos
May 18 2014 at 08:59
32 posts
Donex posted:
 
Did you see the account from the beginning? It is using a custom start date. Analyze the account from the start date and you'll see that it has already been wiped out.


No didn't realise I could analyze the account from the start date, but it is only a very small amount of money
 and as I mentioned above:

'if you can start for as low as 1K,
see the equity and balance at all times on your MT4 and have control of the account at all times,........
'even if the trader does go into a nose dive you can bailout while still in profit,
 if you profit in the first few months'.

Most good traders have been burnt once or more.
I watch the account and am happy with the trading style.
Also my eggs aren't all in the one basket by any means.

harymilloki
May 18 2014 at 09:41
4 posts
My system is based on fibo levels, Eliot waves and harmonic formations (ABCD).

vontogr (togr)
May 18 2014 at 17:51
4862 posts
Donex posted:
FXpromos posted:
The first thing I look for is good steady profit curve

The second thing I look for is 1 years verified live trading because so many great accounts crash
within the first year.
However if you can start for as low as 1K,
see the equity and balance at all times on your MT4 and have control of the account at all times,
 5 or 6 months of verified live trading will do.

The third thing I look for is Drawdown under 10% and about the same as the monthly profit.
because if you profit for the first few months you have a very good chance of being successful.
It is just simple, beautiful maths.
 (Eg even if the trader does go into a nose dive you can bailout while still in profit,
 if you profit in the first few months).

The 4th thing is the trader has to be responsive to communications.
This account https://www.myfxbook.com/members/togr/fxprimusc21/756902 by Thread Author
has met most of my criteria, therefore little surprize
an inspiring start has been made on my account and in another 6 months more can be added
and it could well become my number one account to promote although it is not the only one by
any means I have researched.


Did you see the account from the beginning? It is using a custom start date. Analyze the account from the start date and you'll see that it has already been wiped out.


Anyone with a brain can see that these old trades are from different system
- different pairs
- different lot sizes
- different trade logic

Moreover https://www.myfxbook.com/members/togr/fxprimusc21/756902 is Caesar EA.
There is 30+ accounts with Caesar EA - all of them profitable.

Topic is locked