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1st Showcase Account (By pip2cash )

The user has deleted this system.

1st Showcase Account Discussion

Wayne (SunnyDays)
Nov 04 2010 at 05:07
152 posts
Hey SIM,

I've been watching your system and I'm impressed. I have been working on my EA for almost 2 years and it is a struggle. My system is a momentum system but I am incorporating martingale elements onto it now. I am successful with a few pairs but would like to expand potential.

It would mean the world to me if you could share anything about what indicators you trade off of and any info you might share. For instance, are you trading off of an up down angle of a 1 or 2 candle daily ema as many martingale systems do? I trade off 15 minute and 1 hour time frame, depending on what pair.

What is the signal for you to enter another position or to take profit? I see you increase lot size as the trade goes against you, then take profit on all positions. I have a similar strategy, but limited to only a few additional positions.

As far as suggestions to improve your trading, i could give you much better advice if i had some idea of the strategy you are using. For example, you may be able to increase lot size for the 10 pip targets under certain higher probability set ups but i need some foundational knowledge to work off of.

I would enjoy any public or private conversation with you. You tell me something about how your EA works and Ill tell you what is working for me.

Best to you
Wayne

A strategy must significantly profit in a 10 year backtest to have a chance in Live trading - Mine Does!
pc8multifx (pc8multifx)
Nov 09 2010 at 20:09
879 posts

pip2cash posted:
    
cun111 posted:
    Hi,

Don't you stilll think to share your ea?

Here is my e-mail address:

[email protected]

Regards

cuneyt


Hi,

This is martingale system.... you not scare?

SIM



LOL no reason to be afraid of Mr. Marty as long as we don't get greedy...😎
Keep going, you're doing very well!

SIM
pip2cash
Dec 24 2010 at 07:45
423 posts
Hello myfxbookers,

I am here to congratulate you all whole heartedly on coming Christmas and New Year 2011. I hope this year is favorable and advantageous for you. I wish all of you manage to improve your trading skills. This is quite a nice year for trading Forex if compare to year 2009.

Honestly speaking, may Ms. Lucky and Mr. Success attend and stick to you for the coming year of 2011 no matter where you go.

Merry Christmas to all of you who have been following my trading account.

I hope everyone here have the best of luck and welfare!😁


Cheers,
SIM

Martin (charlesf)
Jan 25 2011 at 17:40
6 posts
Hi Sim,

It seems like u used Martingale as your system, but why do you said Martingale Sucks in my Discussion?
Do you have any bad experience with Martingale? Perhaps you want to share with us.

Thanks.

And No, I don't afraid of Martingale! Why should I?

Charles. 😄

SIM
pip2cash
Jan 26 2011 at 00:01
423 posts

charlesf posted:
    Hi Sim,

It seems like u used Martingale as your system, but why do you said Martingale Sucks in my Discussion?
Do you have any bad experience with Martingale? Perhaps you want to share with us.

Thanks.

And No, I don't afraid of Martingale! Why should I?

Charles. 😄



Hi,

Martingale sucks only for someone that greedy and want high return. For me i i think Martingale is the only way to make profit in long term.

Regards,
SIM

SIM
pip2cash
Mar 08 2011 at 17:40
423 posts
Hello,

It has been 1 year of trading using this strategy, so far so good.

Happy Trading.
SIM

SIM
pip2cash
Mar 31 2011 at 23:38
423 posts
Hi all,

March doing good with low DD, meet the expected return as well.

Regards,
SIM

kaverdrew
Apr 19 2011 at 12:40
33 posts
Hi, I need your help... I'd like to invest some money with very low risk... and it seems to me that your martingala will work... do you manage accounts? or what? please [email protected]

SIM
pip2cash
Apr 19 2011 at 13:47
423 posts
Hi,

Martingale is known as higher risk trading strategy. If you are looking for low risk trading, i might not be the right person.

Regards,
SIM

Miguel (tapachula)
May 09 2011 at 13:47
193 posts
Hi SIM,

Very nice and steady results, one of the best i ever seen with a martingale strategy.

Can i ask why d you have so many deposit/withdrawal lately?

Do you will sell ur ea/settings in a future?

Regards,
Miguel

Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
SIM
pip2cash
May 10 2011 at 00:10
423 posts
Hi,

That is a PAMM account, therefore a lot of deposit and withdrawal all the time.

I will provide automatic signal in near future. Add this account into your watch list, I will inform you once it is ready

Regards,
SIM

batchboy (Batcheler)
May 12 2011 at 19:43
200 posts
Hi SIM,
Do you not avail this EA for one account usage sale?
Can this EA be used for medium thousands$$ ?
JB

don't believe 99.9% of the EA e-ads out there my friends!
SIM
pip2cash
May 13 2011 at 06:04
423 posts
Hi JB,

The EA is not for sell. What do you mean by medium thousand?

Thanks,
SIM

batchboy (Batcheler)
May 13 2011 at 06:31
200 posts
Thx for response.
By medium thousands..........you mention in your site info that this EA for small amounts so I wondered if it works on larger amounts.
Doesn't matter what size account as all is leverage in fx.

So what reason(s), if I may ask, wouldn't you allow sale of EA? Seems it would pad your account so you can trade larger lots while at same time helping your fellow fx folks. The idea that others have same time of trade as you so could distort your trade opportunity I believe to be false as it would take many huge players using your EA before even 1 pip could affect you, soooooo, with only helping others the subject and you getting further lot sizes early........sounds like all around win/win to me. I could go on as to why you won't but I PREFER KEEPING THIS POSITIVE {IF YOU WANT TO INTROSPECT AS TO WHY YOU WOULDN'T SHARE THEN YOU ARE.. (oooops, 'cuse caps, that was accident) good person, which are good to that degree.} I started displaying an EA with almost a month of trades with no losers so far, if folks want it I will share! But prefer all see it for many months or a year because it obviously needs time like yours to see if it 'pans-out'. Isn't just my 'feelings' but rather above reasoning.
Jb


don't believe 99.9% of the EA e-ads out there my friends!
SIM
pip2cash
May 13 2011 at 08:37
423 posts
Hi JB,

Thanks for reply. I mentioned this system for low capital does not mean it is only can trade small capital. What do i mean is this EA can start with small capital, a lot of EA out there require at least USD2000 to start using it. You can see my account, I am trading more than USD10,000, they are all standard accounts, not cents account.

The same EA will give totally different result when used by 2 different person even though all settings are totally same. Last time i sold the previous version to 2 guys, both of them giving bad comment while i am making money every month. Since then I am not selling the EA anymore. I do not want to make other people loss money because of my EA.

Another reason not selling EA is, it used to happen that someone selling my EA with another name. I do not want it to be happen again.

I understand I can make extra bucks by selling the EA, someone in this portal trying to buy this EA with USD1,500. I refuse to sell it. I am making money from trading Forex, not selling EA. I can gather money from month to month, eventually I can make big money from trading when my trading fund growth large.

However i can spread some news, I will launch Forex signal broadcasting service maybe by next month. It will automatic process, the signal will directly executed into your trading platform. No need human intervention at all. I want to start this service because all of my PAMM investors asking me to sell them signal. So finally I decided to start it. The price will be very cheap, very affordable price.

Regards,
SIM

batchboy (Batcheler)
May 13 2011 at 12:27
200 posts
Thx for your considerations SIM.
Sorry you ran into problems with EA sales. Signal service sounds good; it will have problems too hopefully less for you.
What were your buyers doing wrong in its usage, is this an optimization sensitive EA?
Jb

don't believe 99.9% of the EA e-ads out there my friends!
SIM
pip2cash
May 13 2011 at 13:44
423 posts
Hi,

Signal service will be no problem, the most important key points in successfully using the signal is not to restart your MT4 trading platform and 24/7 internet connection. Otherwise it will not be any problem.

I am not so sure about their mistake, but i think they do not 100% believe the EA, so from time to time they interrupt the trading manually. Yes, the settings of the EA are very important, but i gave them the settings as well.

Regards,
SIM

samsnz (samnz)
May 17 2011 at 19:15
32 posts
Hi SIM

I will also be interested in your signals, pls let know when u start it

thanks

sam

batchboy (Batcheler)
May 17 2011 at 19:52
200 posts
SIM,
Why do you say 'make sure not to turn off mt4'? Most EA's+mt4 will track whatever trades if mt4 momentarily disconnected/off or logged off. You should be able to find an mt4/dll combo that will keep track of trades in the event of disuption. Otherwise you can have one programmed via freelancer.com.

Jb

don't believe 99.9% of the EA e-ads out there my friends!
SIM
pip2cash
May 18 2011 at 05:52
423 posts
Hi,

Because the signal receiver EA will compare all floating positions in your trading platform to the Master trading account. If the floating positions is not the same then the signal receiver EA will not copy signal.

So if you off your MT4 for sometime, and during that period of time, Master trading account open some trades, then after you switch on your signal receiver EA you will miss those opened position in the Master trading account.

Another possibility you may miss to copy some floating position which is if your internet too slow or not stable. If current price is too much different between the opened position in the master trading account and price from your broker right now, the signal receiver EA will not copy it as well.

So i repeat, you need 24hrs intern connection during trading days. This is the only thing you need to pay attention. Other than this the signal receiver EA will handle.

Regards,
SIM

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