Do you think you can turn $200 into $400 in six weeks?

Jul 30, 2012 at 11:35
34,701 Views
1,641 Replies
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 14:45
MyFxTrader posted:
ahuruglica posted:
I don't believe this is a fair competition even from the begining. If @CodeMonkey is from US then he has more restrictions on trading (low leverage and fifo rules) than kiwa.

Anyway, still believe he will beat mr. Kiwa if the competition last two weeks or more because his survival rate on the market is 5-7 days.

Just my humble opinion.

Regards

a look at the account tells you that the leverage is 1:1000 and FIFO is not applicable..

 lol.... ahuru is to lazy to look at the account which clearly displays how much leverage he is using.
Focus on pip-drawdown
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jun 17, 2014 at 15:14
@Master_Kiwa here myfxbook does not import leverage info from the broker but the trader sets it. Sometimes leverage shown here does not reflect the real leverage set from the broker.

Anyway, you have to admit i was not lazy to check his nationality (US) and you are lazy to write my nickname ;)
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 15:52
:) That is why I love you ArditFx aka Noob-cake
Focus on pip-drawdown
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jun 17, 2014 at 16:22
Thank you mr. Custom start Date
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 16:42
Your welcome mr low drowdown % / Mr HIGH Pip drawdown.
Focus on pip-drawdown
Member Since May 22, 2012   250 posts
Jun 17, 2014 at 17:00
Custom start date is so mingy...
Caution ¡¡ Forex market is full of scams ¡¡
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jun 17, 2014 at 17:40 (edited Jun 17, 2014 at 17:42)
@Master_Kiwa Yes mr LOW Pip drawdown because 14,630 pips is VERY, VERY VERY LOW.





You are an original retard, I would say you are the missing link between ape and human, but you act is 100% as ape, congrats.
Member Since Aug 19, 2013   182 posts
Jun 17, 2014 at 17:45 (edited Jun 17, 2014 at 17:48)
For the sake of transparency:

1) Yes I am a US based trader.

2) I am with Traders Way because I used to help manage a few accounts other than my own, and that is where those accounts were. So it just made sense having an account in the same place. I no longer assist in the management of those accounts as I don't like the stress of dealing with other peoples money. It was I choice that I made for personal reasons, and not because of any account problems. I just don't like having to be responsible for money that doesn't belong to be.

3) In regard to the leverage on the account. 1000 is the available, but the account could just as easily have a leverage of 50. It has very little impact in regard to how I trade.

4) FIFO is a pain in the arse, but also not typically an issue for me given the methods that I trade with.

5) Anti Hedging regulations for US based clients however can be problematic, as on certain occasions during a period of trend reversal I use a series of hedge orders to offset negative profitability and additional retrace positions. Using an 'off shore' broker which isn't subject to the US anti-hedging regulation solves that issue. But even then, this typically isn't a problem as I don't hedge very often.


Viva La Puerto Rico!
Member Since Aug 19, 2013   182 posts
Jun 17, 2014 at 17:51 (edited Jun 17, 2014 at 17:54)
@Master_Kiwa :

Master_Kiwa posted:
 Well here is mine. I had to attach it with the EA in order for my account to upload.
https://www.myfxbook.com/members/Master_Kiwa/mt4-51913/949783

You deleted the account again? Please clarify. Thank you.


Is this the account you are using now for stats again?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-iv/944495

Not picking a fight, I'm just trying to see the correct statistics page.
Viva La Puerto Rico!
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 18:02
CodeMonkey posted:
@Master_Kiwa :

Master_Kiwa posted:
 Well here is mine. I had to attach it with the EA in order for my account to upload.
https://www.myfxbook.com/members/Master_Kiwa/mt4-51913/949783

You deleted the account again? Please clarify. Thank you.


Is this the account you are using now for stats again?
https://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-iv/944495

Not picking a fight, I'm just trying to see the correct statistics page.

 The one which was erased was the one working with the EA. Now that auto update is working again it made no sense to use that link.
Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 18:11
ahuruglica posted:
@Master_Kiwa Yes mr LOW Pip drawdown because 14,630 pips is VERY, VERY VERY LOW.





You are an original retard, I would say you are the missing link between ape and human, but you act is 100% as ape, congrats.

 Hey its ok that you seem to not understand my point. Let me clearify it for you. You focus on Drawdown %. I focus on Pip-drawdown. Your total amount of pips, is LESS then what you give the market on avg. Which is why your % profit is so low. Should you decide to focus more on entries, then your overall profit would be much higher then what it is now. So here is the problem. You focus on my account, which is fine. Especially at that time in which I was WELLLLLLLLLLLLLLLLLLLLLLL into profit, their for risking my profit, and not my principle. That is trading smart money. Also, in that same account, you'll notice that I am not using leverage. The floating losses, which do have high pip-draw down are nothing more then swing traders. Since then I have focused on scalping, which has allowed me to gain profits which dwarfs yours.

  So to sum it up. if we were to compare each and everyone of my trades to yours. It will be clear to see that my ENTRIES are much more ACCURATE then yours. Being YOURS is less accurate and YOU KNOW IT IS, that is why you take such small wagers. So noob-cake would you like for me to go as far as creating a video which analysis all of your trades, and reveals how HORRIBLE your entries actually are?


P.s. to noobs: Most of the people who trade forex will focus more on pip-drawdown, then the amount of pips which they actually give to the market as they wait to turn profit or even break even. Have a look at ahuruglica's trades. One by one by opening his history and hoovering your mouse over the small chart on the right. It will reveal his PIP-DRAWDOWN and his entry accuracy. Then ask yourself, would you be willing to give the market 100-150 pips before you hit your tp?
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 17, 2014 at 18:26
One more time you are wrong my friend.

As far as I remember you are talking about his Long AUDJPY trades... all closed in profit. Whatever the market does, as AUDJPY is bullish... No SL needed for thoses swing trades as being long into a bullish market it's just a matter of time!

You talk about entries accurancy... let me clarify for you!!! there is no need to be accurate to win 3 pips! You want me to proove it! Whenever you like you pick a pair you decide the Short or long... As soon as I read, I place order and I'll be fine with 3 pips!
The only skill needed to do so it to click very fast to close trade while you are up to 5 pips!!!

Now you talked about swing trades that you have... and justify very large Drawdown!
=> It's what I already told you... You don't swing anymore because you are terrible at it!
Swing style requires a lot of skills while your risk reward is 1/2 to 1/x !!!
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 18:51
CrazyTrader posted:
One more time you are wrong my friend.

As far as I remember you are talking about his Long AUDJPY trades... all closed in profit. Whatever the market does, as AUDJPY is bullish... No SL needed for thoses swing trades as being long into a bullish market it's just a matter of time!

You talk about entries accurancy... let me clarify for you!!! there is no need to be accurate to win 3 pips! You want me to proove it! Whenever you like you pick a pair you decide the Short or long... As soon as I read, I place order and I'll be fine with 3 pips!
The only skill needed to do so it to click very fast to close trade while you are up to 5 pips!!!

Now you talked about swing trades that you have... and justify very large Drawdown!
=> It's what I already told you... You don't swing anymore because you are terrible at it!
Swing style requires a lot of skills while your risk reward is 1/2 to 1/x !!!

 Well that is where you are incorrect. You clearly have a swing traders train of thought. As mine is a scalper. So lets begin with this.

You mentioned AUD/JPY, that at the time in which he entered long, the market was in a 'BULL MARKET'. Now 'BULL MARKET' is nothing more then a perceived truth. You even went on as far as to say 'just a matter of time [he will end up in profit]'. Well with that said, it appears that you are ok with spending most of your time in RED, in compared to green.

 He spent not only most of his time in RED, but when he actually closed for profit, his REWARD was a fraction of what his RISK was. Why would anyone want to risk 100 pips to win 10? Well that is what his stats reveal.

 If you think trading with the TREND is always a sure thing, then ask all those who have been buying EU the last 4 weeks. As they tried to guess at a 'bottoms' <--- perceived last lows the TREND failed them time and time again.


 As for accuracy. If you feel it is easy to gain 3 pips before you lose 3 pips, then please open a demo account, and prove to us how easy it is. Would you be able able to gain 3 pips before you lose 3 pips more then 50% of the times? Instead of saying how easy it is, why not reveal it? As for the trades which I place, once I closed my trades my R:R range from 1-6 to 1: 13 pips. Yes. For every 1 pip I risk to the red side, I earn 13! That's not EXPECTED R:R which so many people focus on. The aforementioned stat is my actual RISK : REWARD once the trade has been closed.

 So crazy trader. If you can open 20 trades, in which you gain 3 pips before you lose 3 pips I myself will send you via moneybookers 1kusd. So open up your demo, and please get started if you want your 1k usd. Hope you can back up what you hold to be true!
Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 18:53
Anyother thing about Arthdits stat, is what he never defends that point. He never mentions why his PIP-DRAWDOWN is so high. He only focuses on his LOW-DRAWDOWN, but do you think investors will want to have their money tied up in positions for days, when if he simply respected price action on the lower tf he would of turned that negative 160 pips into plus 160 pips. Something to think about.

Focus on pip-drawdown
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jun 17, 2014 at 19:10 (edited Jun 17, 2014 at 19:15)
Master_Kiwa posted:
 Anyother thing about Arthdits stat, is what he never defends that point. He never mentions why...
I don't need to explain to you that. Pip drawdown is a stupid concept discovered from you. Pips are relative and no one can withdraw pips.

Master_Kiwa posted:
..but do you think investors will want to have their money tied up in positions for days...
I don't want investors, I don't want others money. Kapeesh?

Master_Kiwa posted:
Something to think about...
Yes, please continue to think.
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Jun 17, 2014 at 19:25
There is one saying: Who is more stupid, a stupid person or the one that argues with him?


I hope you get a good life and throw that negative energy you have. The world is not wrong don't be angry at it. The wold is beautiful and everything is not about pips and a tiny monitor. Try to enjoy it.

The discussion ends here.

Bye
Member Since Nov 21, 2011   1718 posts
Jun 17, 2014 at 19:35
Lol now he is challenging me for 1KUSD prize!

Demo Account 20 winning trades in a row. I'm not a scalper I will show you!
You want to add difficulties?... force to trade

Trade the trend... you talk about newbies that bought eurusd while it was going down!


I even suggested a short trade in the middle of the entire retracement.
Now last Long signal was well anticipated by the 'M' Pattern 2 weeks before it hit support @ 1.3500.

Guess What? Again a swing trade 100% into the green territory!!!

Lol. You want to win the contest... just follow my signals... get a ride for 150 pips and forget about opening 50 trades
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 20:19
CrazyTrader posted:
Lol now he is challenging me for 1KUSD prize!

Demo Account 20 winning trades in a row. I'm not a scalper I will show you!
You want to add difficulties?... force to trade

Trade the trend... you talk about newbies that bought eurusd while it was going down!


I even suggested a short trade in the middle of the entire retracement.
Now last Long signal was well anticipated by the 'M' Pattern 2 weeks before it hit support @ 1.3500.

Guess What? Again a swing trade 100% into the green territory!!!

Lol. You want to win the contest... just follow my signals... get a ride for 150 pips and forget about opening 50 trades

 Please lets not talk theories. Show the trades. Anyone can draw lines on a chart, and say I called it at this price. Unless you have the trades to back it up, then please keep your charts to yourself. You don't have to be focused to trade my friend. Take random positions if you like or ones with educated guesses. Please re frame from answering until you have your account loaded.
Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 17, 2014 at 20:25 (edited Jun 17, 2014 at 20:26)

Master_Kiwa posted:
 Anyother thing about Arthdits stat, is what he never defends that point. He never mentions why...


I don't need to explain to you that. Pip drawdown is a stupid concept discovered from you. Pips are relative and no one can withdraw pips.


Looks like a cat got his tongue. Of course you won't be able to explain why your DRAWDOWN is so high, because you yourself, don't even know your system. You claim that I've 'made up' pip-drawdown when clearly PIP-DRAWDOWN is a stat used by myfxbook to calculate a traders accuracy. You even went as far as to say that 'pips are relative' well do you care to explain to me how can one profit, if they don't exchange their currency for lots, which value is determined by the AMOUNT OF PIPS WHICH A CURRENCY MOVES either in the favor or against a trader? You guys get more and more pathetic. You will do anything under the sun to shun someone, but your stats are HORRIBLE! I'm going to make a video about you Ahuruglica and post it for everyone to see. You are a horrible swing and you should be ashamed at the amount of time you have WASTED trading in red!
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 17, 2014 at 21:01
Lol... this is a forum, where you could learn
Topic is locked
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.