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Contest - riyaz22 (By riyaz22 )

Gain : +10106.33%
Drawdown 63.00%
Pips: 6451.9
Trades 233
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Unknown

Contest - riyaz22 Discussion

chromeie
May 30 2012 at 01:01
30 posts

   profix posted:
   

   alex4xes posted:
   profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers


Pips are totally pointless, only beginners count them.. Maybe once, when you are more experienced, you will understand...you still thinking in just one dimension when it comes to MM😉



directions is more important...so far i love riyaz signal...it making awesome profit with small losing.

profix
May 30 2012 at 01:07
131 posts

   chromeie posted:
   

   profix posted:
   

   alex4xes posted:
   profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers


Pips are totally pointless, only beginners count them.. Maybe once, when you are more experienced, you will understand...you still thinking in just one dimension when it comes to MM😉



directions is more important...so far i love riyaz signal...it making awesome profit with small losing.


you realy need other peoples signals... you don't even get it what we are talking about LOL
You better show your live account on mfb and stop spamming

chromeie
May 30 2012 at 03:44
30 posts

you realy need other peoples signals... you don't even get it what we are talking about LOL
You better show your live account on mfb and stop spamming


ok. no problem. will show you by tonight....:D

gomoov
May 30 2012 at 06:19
23 posts
I guess his method is based on Martingale... It's extremely profitable but vulnerable to sudden trend change. I made a LOT of money based upon this on a real account, but I lost 80% of my account from a huge event.

Also, if this guy's signals are so profitable, I really wonder why would he get a few bucks from people......

Again, people, demo means nothing. Go to Strategies section and see those numbers (forward tests) lol......
And the guy who is running those EAs are asking for your money.

Don't you guys realize what's going on?
They want your money.

If they really had a real profitable EA, THEY WON'T ASK FOR YOUR MONEY.

afrizal (rizalmoham)
May 30 2012 at 12:38
34 posts
His strategy is the first Open trade with MEGALOT SIZE on the best time to Long or Short Trade Signal. PM me if you donot.
agree.

afrizal (rizalmoham)
May 30 2012 at 12:44
34 posts
Will you be using a strategy megalot size in your real account. I think it should be careful and think a thousand times but the strategy is also one way to get rich quick

gomoov
May 31 2012 at 06:47
23 posts
Don't you know what's Martingale... Look at his history...

afrizal (rizalmoham)
May 31 2012 at 08:21
34 posts
I didnt saw martingle , you can look at long/short trades history and (Longs Won: (51/56) 91%
Shorts Won: (126/138) 91% Profitability and trade statistic)

pc8multifx (pc8multifx)
May 31 2012 at 14:05
879 posts

   chromeie posted:
   

you realy need other peoples signals... you don't even get it what we are talking about LOL
You better show your live account on mfb and stop spamming


ok. no problem. will show you by tonight....:D


I dont see any live account statement..

Christian Klug (chinmivi)
Jun 01 2012 at 04:42
14 posts
Excelent trading Riyaz. CONGRATULATIONS! Your are the winner😉

Ra7eme
Jun 01 2012 at 05:19
12 posts
show us how you can do this with the prize money... then i'll be convinced.

riyaz22
Jun 01 2012 at 06:37
36 posts
no comments time will come soon inshAllah

regards
riyaz

fxbabie
Jun 01 2012 at 09:04
3 posts
@ riyaz22 . why do you have withdrawals yet you are trading using a demo a/c ??? did fxcm give you money ?

sudsind
Jun 01 2012 at 14:13
12 posts
Why some people here fighting over if he can trade the real account profitably or not, he is giving free signals for sometime on his website, if you really want to test if these signals works or not, just subscribe and you can know it by yourself than, i am going to subscribe free signals from monday and will test them. you can do the same instead of fighting and posting comments here

Alex (alex4xes)
Jun 01 2012 at 16:21
7 posts

   profix posted:
   

   alex4xes posted:
   profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers


Pips are totally pointless, only beginners count them.. Maybe once, when you are more experienced, you will understand...you still thinking in just one dimension when it comes to MM😉


Profix,

I understand MM in this fashion as I have been taught so, if you know what MM is, then I would definately like to learn how you describe MM. By the way, I definately new to forex by not as experienced as you are but I have managed to earn my living through forex on my own. I have added my demo account which is not much impressive as my live account but you can check it so know how I trade. I dont want to update my live account for debating so I have uploaded my demo, but my live is more better than demo. By the way I checked your accounts, good...but doest define you as you write too much on MM but your statement doesnt reflect that. Just as friend want to know about your MM, please dont take anything otherwise or personal. This is just a friendly conservation. God Bless you.

P.S - My only negative month was may12 as there was too much of fundamental issues which made technical a little hard. That increased my drawdown to worst.


To achieve all the goals successfully.
Alex (alex4xes)
Jun 01 2012 at 16:23
7 posts
riyaz,

Congrates ! First time I am seeing 1st & 2nd place going to Indian. Maybe your country people are developing fastly in this field too.


To achieve all the goals successfully.
Codyforex
Jun 01 2012 at 16:23
1 posts
hello is it realy free or not because i got this email:

We would like to offer you to access our live account and also get a complimentary trade copier that will enable you to copy all our trades onto your trading account with customisable risk parameters for the first month for $100. This offer ends on June 4, 2012 .

pc8multifx (pc8multifx)
Jun 01 2012 at 17:14
879 posts

   alex4xes posted:
   

   profix posted:
   

   alex4xes posted:
   profix,

negative pips balance positive pip is profit, that how it will be, no trader in the world can have only positive pips. But money management is also decided by the pips in risk & potential pips that one can win. You determine tradable lot size depending on your % of equity & pips in risk....Net pips gained is what good & professional traders will look for...Iam amazed with your statement that PIPS are not important.

for example,

if you have $1000 & you are willing to risk 2% of your balance then its $20. Then you have to decide your SL in pips for determining the lots not your lots to determine your SL pips...If you have logical SL level & pips to that SL is 20 Pips then you can trade 0.1 lot as your money management has granted.

Hope this helps you to know the importance of PIPS in money management

Cheers


Pips are totally pointless, only beginners count them.. Maybe once, when you are more experienced, you will understand...you still thinking in just one dimension when it comes to MM😉


Profix,

I understand MM in this fashion as I have been taught so, if you know what MM is, then I would definately like to learn how you describe MM. By the way, I definately new to forex by not as experienced as you are but I have managed to earn my living through forex on my own. I have added my demo account which is not much impressive as my live account but you can check it so know how I trade. I dont want to update my live account for debating so I have uploaded my demo, but my live is more better than demo. By the way I checked your accounts, good...but doest define you as you write too much on MM but your statement doesnt reflect that. Just as friend want to know about your MM, please dont take anything otherwise or personal. This is just a friendly conservation. God Bless you.

P.S - My only negative month was may12 as there was too much of fundamental issues which made technical a little hard. That increased my drawdown to worst.





https://www.myfxbook.com/members/profix/ib-ey-lc/287506

I think this one reflects what profix is talking about
Losing pips while earning profits. Risky style, nothing for unexperienced traders.

riyaz22
Jun 02 2012 at 00:15
36 posts
@codyforex

kindly contact [email protected] for more details.

regards
riyaz

PCWalker
Jun 04 2012 at 10:51
36 posts
Dear Riyaz22,

I have sent you requests on your Skype, and Facebook too, Will it be possible for your to respond.

Thank you.

Never Doubt what is possible.
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