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EUR-FOREX Managed (By eurforex )

Gain : +723.89%
Drawdown 42.06%
Pips: 8569.1
Trades 1292
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Manual

EUR-FOREX Managed Discussion

Macgyver75
Dec 09 2011 at 19:28
36 posts
Yes, will see what we can do with this account (I only stopped the EUR-FOREX management)
.........
fuchiuliu
Dec 09 2011 at 21:43
8 posts
good luck guys. Time will tell. You know where I stand. IMO and from my experience, it's the investors that keep jumping from one thing to the next where the grass looks greener that never seem to have any long term growth on their accounts. You have to have a long term view. 30% DD is a long way from 16%. Right now we're still well within the risk that eur-forex has shown historically. I'm willing to bet my account with eur-forex will be more than double what it is today in 6 months. But now that you guys are leaving, take all of your negative energy with you to the next, and the next, and the next, and the next things you're disastisfied with :-)
Macgyver75
Dec 09 2011 at 22:03
36 posts
perhaps you're right, but in the world where I live (medecine and aviation) we have no room for error on the information we give what is not the case here !

When the altimeter says you're at 1000 ft, you must know exactly what is the error of the instrument and the data it delivers to you, or you are dead ! it's not a demo !

Good luck
nickwake
Dec 10 2011 at 11:04
23 posts
Good luck too to those who remain, I really hope it does work out for you. I became uncomfortable with the way some trades were managed and the lack of transparency over fees or pip raking (FXCC was my broker Will) or whatever was going on, Eur Forex did also post last weekend to say they would do something about it. They did not.

For me fuchiuliu this was a test outside my normal way of trading and I found it just wasn't for me. For me as an online business owner and SEO consultant positivity is fundamental to success.

I do not think IMHO that I and some of the other guys on here were being negative, more a case of credit where credit is due and vice versa. Plus I feel there was a genuine case for concern in the way trading patterns and results changed so much. Blame it on the market if you like but the Euro-Dollar has been crazy for months and that did not stop Eur Forex apparently doing really well in those times, even the notoriously tricky July-August holiday periods.

For myself I'm not jumping on to the next thing just reverting back to my core trading while testing new strategy with the objective of learning and adding new profit streams going forward.

Current core trading has returned 210 pips December to date, yes, small lot sizes due to the nature of the trades being 'investor style' multi day with big or even no stops (not the trades small scared people make old chap) From trading this style it seems that Eur Forex have been trading stops that are more day trade sized but mixed with a large proportion of intra day profit targets which produce a large difference in the average win-loss size that then requires a very high % win rate (75%+ I'd estimate) to come out ahead and that was only achieved in one week since Nov 1st.

Good luck to you all, I genuinely hope Eur Forex pull it around but for me, lesson learned, managed is not for me, prefer to make my own.

Anyway, I won't rabbit on any more, it's Saturday and Nobel prize day here in Sweden. While I won't be there 😁 we are having our own Nobel party and there's a lot to prepare 😄
.........
fuchiuliu
Dec 12 2011 at 18:00
8 posts
Macgyver, Nick,
You guys make me laugh. If what you did is not 'running scared' like an amateur investor, then what is it? You both say you researched it going in and decided you would be willing to risk 30% DD. It hits 15% and you run off like scared puppies. Just like so many other countless investors, you cut and run at the bottom of a DD that is well within a traders parameters. Had you stayed even just one more day, you would have earned 6% back today like the rest of us. Now you're kicking yourselves for giving in to your fear. And, I hate to say this once again, if you are as successful as you claim running your own business, you wouldn't have been running scared with your whopping $1,000. You're trading with scared money you can't afford to lose. So, in actuality, you made the right decision to leave as you shouldn't even be investing at your financial level. :-) Come back and say what you like. Your actions speak louder than words. You aren't keen to the trading game yet boys. Leave your fear and greed behind. Like I said before, a day or a week or even a month..... does not constitute a trading year. No equity curve goes up in a straight line.
To the rest of us and to Eur-Forex, have a great day. I believe this to be a very solid opportunity to make aggressive returns with risk that is well within the paramaters for those returns.
Ciao!😄
eurforex
Dec 12 2011 at 18:47
23 posts
Hi Guys,
Some interesting debates and some not so interesting.
Whilst we aware it is not our finest spell by any means, it is far from crisis point that some of you appear to perceive.
Today we are -5.8% below equity high. Will we take it out soon, yes.
It is entirely your decision to leave of course, we respect that. It is not for everyone. Please check back with us in a few months.

Live account link monitors are on site,

Thank You.
Eur-Forex.com
drago
Dec 12 2011 at 22:12
71 posts
Hello eur-forex,

I see in my daily statement only two closed trades compared to the statement on myfxbook, where I see four closed trades today. Could you explain?
eurforex
Dec 13 2011 at 08:26
23 posts
Hi Drago,
Contact our support. We will need your account number etc to investigate.
mimatrader
Dec 19 2011 at 20:01
4 posts
:) Its coming back. Look at the results over longer time and accept some form of drawdowns. Returns are amazing..
aden
Jan 02 2012 at 12:45
4 posts
Ok, we've had just 2 months with dull results and 5 months with great results. It is really good returns.
I am very pleased and impressed. I expect big returns next year, but is very happy with just 5-7% / month for me. Just think how much we can earn. I expect to double my account again and maybe even more in the new year. Wishing Eur-Forex a Happy New Year ...
eurforex
Jan 10 2012 at 12:51
23 posts
Thanks Aden,
We will endeavour to make 2012 a great year for all patrons.
You can also track live account monitors:
https://www.myfxbook.com/members/eurforex/fxcm-eur-forex/197367 (FXCM)
https://www.myfxbook.com/members/eurforex/eur-forex/184814 (HOTFOREX)

We are very pleased with FXCM execution on live accounts.
bwian
Jan 13 2012 at 14:26
3 posts
I was wondering why the demo is showing 3 trades opened on 11th 12th and 13th.running at -$5660 when my platform is showing 3 trades opened on 13th running at +$131 not taken.
.........
fuchiuliu
Jan 13 2012 at 22:57
8 posts
Whatever happened to those 'smart guys' Nickwake, Macgyver, reinerh, Fxbird........LOL
I hate to say I told you so, but hey 'I told you so' 😁
Experience is key in this market. You can't make emotional decisions because of fear and greed and bail on the spur of the moment. One month of trading does not make a year. Look at the whole picture going in, and know exactly what risk your willing to take and then stick with your decision to the end.
They have no doubt moved on to something else they thought they would get rich quick from and will probably jump out at the first hint of any drawdown........ and eventually be out of the little money they did have.
Anyway, hats off to Eur-Forex's trader for staying the course and trading through the rough patches just like it appears he always has based on the track record since June.
Have a great weekend everyone :-)
eurforex
Jan 14 2012 at 10:02
23 posts

   bwian posted:
   I was wondering why the demo is showing 3 trades opened on 11th 12th and 13th.running at -$5660 when my platform is showing 3 trades opened on 13th running at +$131 not taken.

hi Bwain,
We have over 400 accounts in 3 brokers, please contact our support with [email protected] with broker name, account and tickets so we can address your issue.
Many thanks,.
eurforex
Jan 14 2012 at 10:03
23 posts

   fuchiuliu posted:
   Whatever happened to those 'smart guys' Nickwake, Macgyver, reinerh, Fxbird........LOL
I hate to say I told you so, but hey 'I told you so' 😁
Experience is key in this market. You can't make emotional decisions because of fear and greed and bail on the spur of the moment. One month of trading does not make a year. Look at the whole picture going in, and know exactly what risk your willing to take and then stick with your decision to the end.
They have no doubt moved on to something else they thought they would get rich quick from and will probably jump out at the first hint of any drawdown........ and eventually be out of the little money they did have.
Anyway, hats off to Eur-Forex's trader for staying the course and trading through the rough patches just like it appears he always has based on the track record since June.
Have a great weekend everyone :-)

Thanks. Yes, it is a difficult business to satisfy everyone. We can only trade the best we can, make the pips and let each individual decide whether it is for them or not.
aden
Jan 14 2012 at 23:09
4 posts
Good start to the new year :=)
aden
Jan 17 2012 at 11:34
4 posts


Eur-forex tops the no 1 here:=)
Sindaily
Jan 19 2012 at 20:49
2 posts
Such a disaster, wiping out two months of profit in just one day insisting going short on EURUSD when the fundamental picture is changed...

Looks like the spectacular returns of last year, where just that...easy shorting the falling E/U...different market..different results :-(
Don't chase trades
ForexScam
Jan 20 2012 at 03:52
1008 posts

   Sindaily posted:
   Such a disaster, wiping out two months of profit in just one day insisting going short on EURUSD when the fundamental picture is changed...

Looks like the spectacular returns of last year, where just that...easy shorting the falling E/U...different market..different results :-(

all hell. And still stacking shorts. way too much leverage.
ForexScam
Jan 20 2012 at 03:54
1008 posts
EUR
German ZEW Economic Sentiment

-21.6
-49.7
-53.8
- https://www.forexfactory.com/calendar.php

That should have been a Big clue to the shifting conditions.
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