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Pips No Tricks (By Mihai )

The user has deleted this system.

Pips No Tricks Discussion

Mihai (pipsandtips)
Nov 09 2010 at 15:28
3 posts
This is a manual system which we trade on our own accounts (via this model account) & managed accounts as well. We also use this model account to send signals through specialized websites like Zulutrade.com & RentASignal.com. Due to the need to tighten the money management scheme we are forced to reduce the number of pairs & trades on this account so as not to risk above 10% of the account at any time. Monthly profit target is 8-12% of available balance.
SolarFX (forexma)
Nov 09 2010 at 15:44
1332 posts
It's less than 10 days old and....... it's a demo. Account management is serious business and to prove you can handle it at least one real account is needed, preferably older than 10 days.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Mihai (pipsandtips)
Nov 09 2010 at 16:39
3 posts
Hi solar, thanks for your comment. actually me posting the results of the system here doesn't want to prove or sell anything, I'm simply using myfxbook to track & analyze my own trading results to improve my strategy (these reports are much better than the bare MT4 statements I can produce from each account). Those who want to see how my system performs can always look here to get an idea (demo or not, pips are still pips), anyway my clients only care about their own money & most of them don't even bother to get interested how the cash gets in as long as it does...
SolarFX (forexma)
Nov 09 2010 at 16:58
1332 posts
pipsandtips posted:
    This is a manual system which we trade on our own accounts (via this model account) & managed accounts as well. We also use this model account to send signals through specialized websites like Zulutrade.com & RentASignal.com. Due to the need to tighten the money management scheme we are forced to reduce the number of pairs & trades on this account so as not to risk above 10% of the account at any time. Monthly profit target is 8-12% of available balance.

If you weren't trying to advertise or sell anything why did you make that first post anyway? That doesn't look like you're not advertising your services. Actually it looks exactly as an advertisement to me but nevermind.

And demo pips are not the same as real pips or at least I've never heard of someone who has succeeded to buy a car with demo money.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
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