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Babol Plan (By garfieldtrader )

Gain : +716.17%
Drawdown 32.94%
Pips: 794.0
Trades 82
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Automated

Babol Plan Discussion

SolarFX (forexma)
Nov 18 2010 at 07:02
1332 posts
I was spammed by PM by this guy. Terrible EA, RR is 40:1. He offers managed account service. Wake up my friend, show some real money account when you try to catch real money traders.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
garfieldtrader
Nov 18 2010 at 08:16
42 posts
:(

Actly not spam ; like some prefer to spare some for some ;the .. not on any ..
Minimum $2000 ...
Trader's commission is 40% for account with up to $10K deposit

Danny
Steve B (stevetrade)
Nov 18 2010 at 08:28
1415 posts
40:1 risk:reward is pretty poor though you have to admit and the position sizes are far too large for such a risk:reward ratio. You get one or two losses and you are going to be crying.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
garfieldtrader
Nov 19 2010 at 11:45
42 posts
yes sometimes trading left huge minus floating but we guess that is better to wait unless to lost big balance by 2-4 loss trade that will push to trade harder with lower margin..
our strategy is to pool profit by closing short trade ; low pips target but stable return

please compare 40:1 with lower yield but returns poor trade by unstable strategy...

 
Jim Morrison (ecnscammer)
Nov 19 2010 at 12:08
53 posts
garfieldtrader posted:
    yes sometimes trading left huge minus floating but we guess that is better to wait unless to lost big balance by 2-4 loss trade that will push to trade harder with lower margin..
our strategy is to pool profit by closing short trade ; low pips target but stable return

please compare 40:1 with lower yield but returns poor trade by unstable strategy...

Current open trade is 5.71 lots, a single 400 pips stop loss will wipe the whole account. I wouldn't call that stable strategy.
Stable strategy should withstand series of stop losses and still maintain healthy equity and margin condition.
I need your money to buy more drinks and women. Secure investment.
garfieldtrader
Nov 19 2010 at 12:53
42 posts
20:1 /10:1 yield SL will left margin molesful to maintain ..
Jim Morrison (ecnscammer)
Nov 22 2010 at 13:04
53 posts
It's very convenient to stop updating when you're in a huge floating DD.
I need your money to buy more drinks and women. Secure investment.
Jim Morrison (ecnscammer)
Nov 23 2010 at 14:18
53 posts
260 pips floating loss * 6.11 lots = ~16k floating loss = ~65% floating DD.
Great results, no doubt. Why don't you update the system?
I need your money to buy more drinks and women. Secure investment.
Jim Morrison (ecnscammer)
Nov 23 2010 at 16:17
53 posts
340 pips floating loss * 6.11 lots = ~21k floating loss = ~84% floating DD. I think there's margin call on this system.
I need your money to buy more drinks and women. Secure investment.
Patience
Nov 24 2010 at 00:52
230 posts
It's only monopoly money. No real pain.
Jim Morrison (ecnscammer)
Nov 24 2010 at 07:41
53 posts

Patience posted:
    It's only monopoly money. No real pain.

Yes but this guy wants to manage accounts with this funny EA and that's a problem, real problem.
I need your money to buy more drinks and women. Secure investment.
duzyfx
Nov 24 2010 at 16:56
257 posts
well he had a good long streak ... I think over 77 trades closed with 10 pip TP
Schaack Christian (newbie1)
Nov 24 2010 at 17:20
15 posts

duzyfx posted:
    well he had a good long streak ... I think over 77 trades closed with 10 pip TP

And a single stop loss takes it all.
N. Eric (honeric01)
Nov 26 2010 at 13:04
8 posts
Maybe he should prove people wrong by starting with just $100 of real money, then trade it for 1 month, he can't say he has no $100 to spare for his own system.
Make money when due, take a rest when due.
garfieldtrader
Nov 27 2010 at 07:10
42 posts
babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested
Jim Morrison (ecnscammer)
Nov 27 2010 at 08:56
53 posts
garfieldtrader posted:
    babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested


Come ooon, don't make me laugh.
If you update the account we'll see it's blown, I know your last trade and it was long eurusd @ 1.3730 with 400 pips SL and 6.11 lots. A simple math.

WHY DON'T YOU JUST UPDATE THE SYSTEM?
I need your money to buy more drinks and women. Secure investment.
garfieldtrader
Nov 27 2010 at 09:07
42 posts
ecnscammer posted:
    
garfieldtrader posted:
    babol plan shows only stable - fair result completing target by lower profile strategy
please contact if interested


Come ooon, don't make me laugh.
If you update the account we'll see it's blown, I know your last trade and it was long eurusd @ 1.3730 with 400 pips SL and 6.11 lots. A simple math.

WHY DON'T YOU JUST UPDATE THE SYSTEM?

project completed
result : STABLE

please register a new real acc from https://bit.ly/8XarHs for live strategy testing with this EA
confirm us after acc is funded (your acc number)
we will send EA pack
plug the script into EXPERT FOLDER , attach to all PREFERRED chart and KLIK EA BUTTON to run GREEN

publish the LIVE STRATEGY TESTING STATEMENT from very beginning days
to shows all members that this Babol EA IS to differ...

please use own strategy/preset depending on BALANCE MARGIN for everyone trying this EA on trading


greet,
danny panilla
cutie ea vagabond

Jim Morrison (ecnscammer)
Nov 27 2010 at 09:51
53 posts

project completed
result: ACCOUNT BLOWN

Please update the account so everybody could see it's blown. But does it matter, the whole thing is that people should open account through your Insta IB link?
I need your money to buy more drinks and women. Secure investment.
speki
Nov 27 2010 at 10:31
735 posts
Blow my mind ... no, blow my ... account 😀😁



You got that wrong Jim. It's not blown. 'It's in recovery phase. Part of the experiment.'

https://www.myfxbook.com/community/trading-systems/fmc-live/7582,1
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Jim Morrison (ecnscammer)
Nov 27 2010 at 10:49
53 posts
Yeah, recovery from margin call.😁😁😁😁😁😁😁😁😁😁
I need your money to buy more drinks and women. Secure investment.
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