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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

sudsind
Jun 05 2012 at 08:05
12 posts
sorry for my previous comment guys, i said that everyone should try free signals he is providing on his website, i was not aware as i tried to signup on monday for his free signals, but on website it says free signals trial but in reply after signing up you will get a mail that specifies that we can try signals for $100 a month first and $200 second month onwards. So it's basically not free, if anyone want to try they can try it for $100 but i am not gonna try as i am happy with my own trading, and don't wanna go for it, i just wanted to check his trading style as he made astonishing returns in the contest.

Forex Profits (forexeabuster)
Jun 05 2012 at 08:14
23 posts

   sudsind posted:
   sorry for my previous comment guys, i said that everyone should try free signals he is providing on his website, i was not aware as i tried to signup on monday for his free signals, but on website it says free signals trial but in reply after signing up you will get a mail that specifies that we can try signals for $100 a month first and $200 second month onwards. So it's basically not free, if anyone want to try they can try it for $100 but i am not gonna try as i am happy with my own trading, and don't wanna go for it, i just wanted to check his trading style as he made astonishing returns in the contest.


I recieved an email that said I can get free trial for 1 week and then its $200 and also an offer for first month for $100 for the first 100 subscribers and then $200 after one month. So I chose to take the $100 discounted first month. They are in the same email sudsind, check them correctly. I got a trade copier as well, so I get all Riyaz trades on my account account automatically.... He is the best signal service so far, and I tried a lot.

laurenti chaacha mohochi
Mtupienga
Jun 06 2012 at 17:27
15 posts
Afsal (ar1002)
Jun 07 2012 at 09:29
21 posts
Hi Riyaz Bhai,

Congratulation for being keeping yourself in the first place. Is this your live or demo account? I am from India. Will you please send me your contact details?

ar1002

SAFETY OF THE CLIENT'S FUND FIRST
Axe007
Jun 07 2012 at 10:15
2 posts
My question is:

If i make this much profit in reality(i know its almost impossible); will my brokers allow me to withdraw it?😁

Afsal (ar1002)
Jun 07 2012 at 10:22
21 posts

   Axe007 posted:
   My question is:

If i make this much profit in reality(i know its almost impossible); will my brokers allow me to withdraw it?😁


So do you have any idea, strategy or EA to generate at least 25% of it? Regarding withdrawal of funds, I think its not an issue. There are various methods and brokers for that.

Just let me know if you know any method which can generate this much profit.

ar1002

SAFETY OF THE CLIENT'S FUND FIRST
riyaz22
Jun 08 2012 at 07:49
36 posts
@ALL Participants and Traders


Thank you all for your interest in my trading, I would like to congratulate all the participants in this competition for the efforts they have put. I would also like to tell you that if you like to continue recieving signals from me you may do so at my site: www.fxexplosivetradingsignals.com..

Best wishes and regards
riyaz ahmad khan

Christian Klug (chinmivi)
Jun 09 2012 at 05:22
14 posts
Amazing Riyaz... I have follow you since the first day. Please answer through your facebook account. See you there!

CONGRATULATIONS!!

riyaz22
Jun 09 2012 at 08:01
36 posts
@christian

You can contact me at riyaz2204 on skype or at facebook address

regards
riyaz

Christian Klug (chinmivi)
Jun 10 2012 at 04:11
14 posts
Done! See you there.... Br, Christian

Max (hwlm)
Jun 10 2012 at 15:08
59 posts
The only way to make money consistently from trading is to think for ourselves. If we allow others to think on our behalf, we will soon realize that we will be back to square one when they stop giving us signals.

Trade safe, and preserve your capital :)

pitagora
Jun 10 2012 at 20:55
13 posts

   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


Alex,

You are trying to convince more experienced people that you are right and they are wrong, while you don't understand the fundamentals of long term profitability. You don't even realize how much marketing, Wikipedia articles and EAs written by armatures have affected your thinking when you are talking about fixed 2% risk and fixed SL.

Any truly long term, robust strategy, that will not have it's edge wiped out in a year or 2, should adapt the SL based on market conditions at the time. The most common method is based on ATR. Look it up. If SL/TP changes, then so should the lot sizes. There lots of EAs/strategies that can have negative pips with lots of profits. It's all about positioning, and confidence in that specific trade.

For me, talking about pips is pointless and a waste of time. It only makes sense if all your trades are of the same size, and if this happens I can tell you, you are doing it wrong.

youngchang
Jun 11 2012 at 03:08
390 posts
Hey,

Where is your stop loss for your demo account 3831783 which your send signal to subscriber?

Now you have 4 short positions for AUDUSD that pretty bad drawdown.

Thanks.

riyaz22
Jun 11 2012 at 03:48
36 posts
Alex (alex4xes)
Jun 11 2012 at 09:12
7 posts

   pitagora 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


Alex,

You are trying to convince more experienced people that you are right and they are wrong, while you don't understand the fundamentals of long term profitability. You don't even realize how much marketing, Wikipedia articles and EAs written by armatures have affected your thinking when you are talking about fixed 2% risk and fixed SL.

Any truly long term, robust strategy, that will not have it's edge wiped out in a year or 2, should adapt the SL based on market conditions at the time. The most common method is based on ATR. Look it up. If SL/TP changes, then so should the lot sizes. There lots of EAs/strategies that can have negative pips with lots of profits. It's all about positioning, and confidence in that specific trade.

For me, talking about pips is pointless and a waste of time. It only makes sense if all your trades are of the same size, and if this happens I can tell you, you are doing it wrong.


Pitagora,

Agreed with your thoughts & thanks for sharing the knowledge but I want to correct you with your thinking about me. I never said that I am right & others are wrong, if you go through my previous comment you can see I have clearly mentioned that this is how I know & if you know anything better I am ready learn. I have never claimed I am genius as I am not. I have started new & working hard to make it a profession, so any good thing, I am ready to learn. You are absolutely right, I trade fixed lot most of the time with fixed SL & I am doing pretty good with my strategy, I am thinking if I would have applied MM as you mentioned than I would have profited in many folds, thats interesting. So if you want to share more & help me, I am all ear here to learn from wise people.
Thanks for your words.
Cheers

To achieve all the goals successfully.
Max (hwlm)
Jun 11 2012 at 09:19
59 posts
Alex,

I admire your openness in sharing your opinion :)

Agree with Pitagora. Lot sizes should not be fixed. It should change in tandem with the current market volatility. And fixed SL may not be a good idea either. Consider this: If market is always changing, and never the same, then how can we traders apply our rigid mindsets and methodologies?

高佬炒汇 (309200715)
Jun 16 2012 at 09:52
5 posts
这策略一开始就使2个25手仓位,好强劲的资金使用方法,而第二名则是使用5标准手开始交易的,如果说第二名也使用50手来开始做的话,好容易把第一名变成第二名了,呵呵。

jaydee
Jun 29 2012 at 17:57
22 posts
666% drawdown, thats gotta hurt your PAMM subscribers.

PCWalker
Jun 30 2012 at 09:05
36 posts
Well no one is perfect... Only those that see perfections in imperfections.

Never Doubt what is possible.
fxbook89
Jul 01 2012 at 02:40
64 posts
All Money lost in PAMM at https://pamm.hotforex.com/managerdetails/?l=58974123512456235459666&usermode=0 .

This shows Demo contest and real accounts is totally different.

How are you going to explain this, though I don't expect any explanantion.

( See attached pic )

Attachments:


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