KGB Scalper (By saroq61)
| Gain : | +197.37% |
| Drawdown | 8.93% |
| Pips: | 6738.9 |
| Trades | 7116 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:500 |
| Trading: | Automated |
KGB Scalper Discussion
Jan 11, 2020 at 20:37
796 Views
2 Replies
Dec 23, 2020 at 23:13
Hello
I didn't post my KGB Scalper demo account results because it uses a martingale loss recovery and because it isn't a safe system to trade.
WARNING: A friend backtested the KGB and even on reduced risk settings it blew up the account. I closed my two real accounts after I received the back test results and took the profits. Another trader who I was in contact with was trading it on live accounts and it blew up his accounts. I shared the same warning with him.
On my demo account I am trading it on half risk. So my demo KGB account had AUD10,000 starting balance which equals USD7,000. I loaded the 3K presets onto the chart to trade at half risk. I have not changed those presets since I loaded them. In my opinion it is only good luck that the account has not blown up.
I didn't post my KGB Scalper demo account results because it uses a martingale loss recovery and because it isn't a safe system to trade.
WARNING: A friend backtested the KGB and even on reduced risk settings it blew up the account. I closed my two real accounts after I received the back test results and took the profits. Another trader who I was in contact with was trading it on live accounts and it blew up his accounts. I shared the same warning with him.
On my demo account I am trading it on half risk. So my demo KGB account had AUD10,000 starting balance which equals USD7,000. I loaded the 3K presets onto the chart to trade at half risk. I have not changed those presets since I loaded them. In my opinion it is only good luck that the account has not blown up.
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