Managed Account 2 Discussion

LOL. Care to be a bit more specific?

forexma posted:

It's obviously another stupid Martingale. It's easy when you're using cents account at FXOPEN but in the real world.... using Martingale with crazy MM buying Eur/Usd while it's in the strongest downtrend ever... IT'S SILLY YOU KNOW

Hey, forexma, where do you see martingale here? I've checked all trade history and found only two trades with lot size higher than regular. What's important, right after that trades the market moved in their direction. Most probably, the signal was stronger than regular, that's why the lot was higher, but this is very far from martingale.

Is using leverage system similar to Probability EA that use x5 multiply on HammerRisk signal.

Is using a grid system and putting high gain high risk lot. So this system has to be monitoring most time.

Again if you good at forex, you might just buy the similar EA for just $45 and test it on demo till you are expert.

WhyLose posted:
    LOL. Care to be a bit more specific?

Be aware that Russia is not exactly in EU.

forexma posted:
    Oh maaan, that's greedy. 50% fee is not enough for you and you require people to open an account under your affiliate at 3 of the worst brokers. 2 of the brokers are in Russia which means that there isn't certainty the clients will succeed to withdraw their funds, the other is w/o license in Mauritius. What happens with the client's money in case of broker's bankruptcy??? And what, you show myfxbook account history for less than 3 weeks and expect people to trust the results from your website??? Please show that history in myfxbook verified account.

Forexma, looks like you are not ok with maths. Let's make hypotetical calculations. They take 50% of the profit, but if they make for you 150% in a month, your part is 75%... not too bad, I guess. Ok, I doubt they will make 150% this month, let's say 100% and your part is 50%, still not bad, yeah? Now take another average fund manager whose fee is 30% and ROI 20% per month. What is your profit here? Right, 14%. So, rhetorical question, which of those fund managers is better for you, the greedy one, with whom you can get 50%, or liberal with 14%?

If I have 1k I'll choose the 150%/month and 50% fee..... but if I want to invest 50k.... what then. I don't wanna put it in some very 'reputable' russian and Mauritius brokers w/o license where I'm not sure if I will be able to withdraw my money and where there's a chance of three cycles with SL hits(2 small trades + one big which is ~5x small trade lots and all multiplied by 3) and the account is gone in a matter of days. This offer is good for small investors only(up to let's say 5k). I'm nt searching for managed account service but if I was I would 100% choose the service which gives me:
1. Freedom to choose reputable broker(and profit from rebates by myself) under nobody's affiliate.
2. Proven performance on live <10k account for at least 1 year.
3. Clever strategy(not some crazy Martingale beast) with low risk and DD and acceptable profits.

And you Mr Janus are the same like Winforex, you profit from selling non working EAs and broker and PAMM affiliate programs. Please show some live account results, prove me that you trust your EAs. I'm sick of demo traders and EA sellers who only show demo accounts or cents accounts with some non regulated and dubious brokers.

People, you have to learn that you cannot sell EAs or managed account services showing only demo and cents accounts. Put your EAs and show me results from some 100k or at least 10k account which shows how much you trust your services and products.

Forexma, if you can invest in forex 50k it's great, and may be you are right in your arguments. But you should respect people who have no such possibility, those who only start their way in forex. If something is not good for you this does not automatically mean this is not good for others. As for me, this service is very good for beginners.

Now about my EAs. They work for a long time now, I have sold many copies and I've got a lot of thanks from the people who bought them. Let's see what you personnaly show here on Myfxbook (https://www.myfxbook.com/members/forexma): three demo accounts and one live with 0.51% of profit for a few months. Don't you think that you should show something more substantial before people will trust your judgement?

Have no any intention to insult you, but you also should be more tolerate to others.

Yes, winforex is good for beginners. I had no intention to insult anybody and I ask you to excuse me if I've been too hot in my words. In such case there should be some advice on this site that the service is more suitable for small investors and rather risky for big ones.
Regarding what you're saying about the EAs you sell I still think that if you're selling some EAs or managed account services you have to show some live and not only demo accounts. I don't know how many people thanked you but 'thanks' is not working for me and will not work for serious investors. 'Thanks' is not a prove that your EAs are long term steady winners.
Regarding my portfolio, that's only my problem because I don't sell anything here and if I ever sell my EAs or offer managed account services there will be live account(<10k) prove so people could be sure I TRUST my EAs.

forexma posted:
   'Thanks' is not a prove that your EAs are long term steady winners.

Hate to disappoint you, but nobody post for monitoring the EA showing serious long term (> 1 year) profitability, just no reason for this. If I am wrong, show me a single example here on Myfxbook, or any other monitoring resource.

Janus posted:
    

forexma posted:
   'Thanks' is not a prove that your EAs are long term steady winners.

Hate to disappoint you, but nobody post for monitoring the EA showing serious long term (> 1 year) profitability, just no reason for this. If I am wrong, show me a single example here on Myfxbook, or any other monitoring resource.

Here you go: https://www.myfxbook.com/members/doghen/garantprofit-1/36157

Live account, ~18 months of trading history, not some foolish backtests or 1 month forward demo tests.

forexma posted:
Here you go: https://www.myfxbook.com/members/doghen/garantprofit-1/36157

Live account, ~18 months of trading history, not some foolish backtests or 1 month forward demo tests.

Yes, it is quite long & steady. Rare exemption here at Myfxbook. But do you call 17% per month 'serious profitability'? Not for me. BTW, my EA Janus is running not 1 month, but 4. Let's wait another 8 months...

As for me, 17%/month is quite good. My goal is ~10%/month with big capital. 10% ROI over 100k is 10k, 100% ROI over 1k is 1k so numbers speak for themselves.

forexma posted:
    As for me, 17%/month is quite good. My goal is ~10%/month with big capital. 10% ROI over 100k is 10k, 100% ROI over 1k is 1k so numbers speak for themselves.

Thumb up! Would I have possibility to invest in forex 100k, most probably I thought almost the same. With one remark, you know, about eggs and baskets. Whatever perfect history the trader or the system has, I would never entrust 100k to a single system, because there is no guaranteed one, I'm sure you know this. As for me, I keep my eggs in more than 10 baskets. BTW, I've just put 1k into Winforex's basket. Let's see what we'll have in one month.

Another thing, when you invest 1k it's silly to look for a system with an expected profitability of 10-15%/month. Much more reasonable to accept some risk, but get a substantial reward.