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scalping monster (By friedcatfish )

The user has deleted this system.

scalping monster Discussion

Professor53
Jan 10 2013 at 19:48
795 posts
This looks GREAT! 3 pips TP and 6% per trade. amazing......
Click on my Name to see My Live Charts and Bio.
AmberLynn
Jan 10 2013 at 21:20
241 posts
Very good job. He is compounding like crazy. I pray you don't hit a losing streak.
AmberLynn
Jan 10 2013 at 23:21
241 posts
Now that I look back at your trades. Something is very fishy here. ; ?
Professor53
Jan 11 2013 at 05:08
795 posts
It might be a optimized back test. Some people know how to post it to a live chart. Still great results.
Click on my Name to see My Live Charts and Bio.
AmberLynn
Jan 11 2013 at 12:33
241 posts
Back testing which is theoretical trading, and live trading aren't the same my friend.
friedcatfish
Jan 11 2013 at 12:33
14 posts
@Professor53 thank you, and you are right -with small optimization a bad EA will have a good b/t result-
@AmberLynn thank you, i am learner
kayserili
Jan 12 2013 at 17:44
5 posts
10 lots with $ 500 😭
AmberLynn
Jan 14 2013 at 16:49
241 posts
kayserili posted:
10 lots with $ 500 😭

 Where do you see that my friend?
kayserili
Jan 14 2013 at 19:59
5 posts
you started with $ 500
and your first position:
 01.02.2012 00:03 01.02.2012 00:25 GBPUSD Buy 10.00 1.54050 1.55080 1.55050 1.55080 3.0 30.00 22m

is it ?
kayserili
Jan 14 2013 at 20:00
5 posts
your money management is so so so BAD ! ! !
because, you use s/l for 100 pips but after 52 pips your account is BOOMMM 😲
friedcatfish
Jan 14 2013 at 20:01
14 posts
kayserili posted:
10 lots with $ 500 😭

With leverage 1:500 and lotsizing 10000 that is possible...

@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082

but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..

Will made other one with other currency pairs..

My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄
AmberLynn
Jan 14 2013 at 20:12
241 posts
friedcatfish posted:
kayserili posted:
10 lots with $ 500 😭

With leverage 1:500 and lotsizing 10000 that is possible...

@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082

but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..

Will made other one with other currency pairs..

My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄

 I am sorry Friedcatfish. There is no way possible that if you started with 500usd and a leverage of 500:1 that you could buy 10 lots. Think about it. 10 LOTS means your making 100 usd per point. Which means with a 5 point loss you would margin call. You would only be able to do that with 2000:1 leverage or HIGHER. :) That is why I said something was fishy about these stats.
AmberLynn
Jan 14 2013 at 20:13
241 posts
friedcatfish
Jan 15 2013 at 07:06
14 posts
@AmberLynn ,

I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.


See: https://www.instaforex.com/specifications.php

So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.

In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD

If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.

I'm sorry I'm not using Exness as my EA's did not work well at their environment.
friedcatfish
Jan 15 2013 at 07:06
14 posts
kayserili posted:
you started with $ 500
and your first position:
 01.02.2012 00:03 01.02.2012 00:25 GBPUSD Buy 10.00 1.54050 1.55080 1.55050 1.55080 3.0 30.00 22m

is it ?

yes, you read it

kayserili posted:
your money management is so so so BAD ! ! !
because, you use s/l for 100 pips but after 52 pips your account is BOOMMM 😲

You right but I'm sorry I'm looking for money so I will do anything for it and withdraw it when I think it is quite enough for me; maybe 100% than I will withdraw it, got another 100% profit withdraw it again, again, again every month 😇
My demos goal is for train my trading intuition into the edge
AmberLynn
Jan 15 2013 at 11:01
241 posts
friedcatfish posted:
@AmberLynn ,

I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.


See: https://www.instaforex.com/specifications.php

So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.

In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD

If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.

I'm sorry I'm not using Exness as my EA's did not work well at their environment.

 Ok I see. Thank you for taking the time to explain it to me. :) Best to withdraw everything you have profitted, since your system is so good. ;)
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