TradeLikePro (By SystematicForex)

The user has deleted this system.

TradeLikePro Discussion

Dec 10, 2009 at 08:29
2,814 Views
35 Replies
Member Since Dec 10, 2009   1 posts
Aug 06, 2010 at 09:44 (edited Aug 06, 2010 at 09:53)
Hi jpkfox,

Could you please publish your Equity? The Balance doesn't mean anything...

If you want to know more about our systems, go here: [Link Removed] we track our performance only with the Equity, it is fully transparent.

Moreover, you can enjoy and receive our signals with a free two weeks trial. You just need to subscribe on our website and download our EA to be connected on our servers. You will be able to choose which strategy to follow and to create your own portoflio based on our strategies.

Have fun!

Your Systematic-Forex Team
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:03
By Equity you mean NAV (net asset value)? My net asset value is most of the time much bigger than my balance because my stop loss is always small (normally -20). My trades are normally short, like some hours or days. So I normally have some +600 winners running like now for example ...
  How can I publish Equity? Not sure if I can do it with Oanda.
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 06, 2010 at 10:07
You're not the jpkfox that got thrown out of the Moneytec chat room are you?
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:13
ha, yes I am. So who are you? Well that was when I was gambling with Forex :) . That was time when I was hoping that I had a profitable system, but there was no system really. Although one of my systems which I run like 6 months ended up with small profits. But something worse could have happened even with that one... Am definitely not running that system anymore (at least like that). I became profitable like 3 years ago. But moneytec times was like 4 years ago. Patience and not giving up is rewarded.
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 06, 2010 at 10:18
Tjaarsus. I gave you zero chance of getting it. I was one of those evil atheist people in there you were trying to save from themselves...
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:22

jpkfox posted:
    
I am about 99.99% sure that these 5 systems I run are gonna be in profits in next 12 months from this day. I am ready to even bet about that, heh :) (well, I dont actually do betting ...but anyway..).

wow, what did i say, heh. Lets be more realistic and say 98% or 99%, not 99.99. Am a mathematician so I should know this...
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:30

Elkart posted:
    Tjaarsus. I gave you zero chance of getting it. I was one of those evil atheist people in there you were trying to save from themselves...

Heh, ye I try to save... On the other hand I knew all the time that I did not have proper trading system - thats why I was trying to find them. Yes, now after couple of years solid performance/study I can say I made it. But I did not make it myself initially.. I got help from a professional trader. But now I am able to create profitable systems also myself (see Sys1 here, its mine. But to be 100% honest I still need to do some testing with this system... when I get time I ll do that. So am not trusting this system yet until I have properly tested it.) and run them myself.

True, I was losing at that moment, but as I said the lesson is definitely that if you just dont give up almost anything is possible if there is just will and desire.
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 06, 2010 at 10:33
I think you were doing a new system every minute or so....good to see you settled in.
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:37
Sorry to post so many times... just need to add something


jpkfox posted:
    
jpkfox posted:
    
I am about 99.99% sure that these 5 systems I run are gonna be in profits in next 12 months from this day. I am ready to even bet about that, heh :) (well, I dont actually do betting ...but anyway..).

wow, what did i say, heh. Lets be more realistic and say 98% or 99%, not 99.99. Am a mathematician so I should know this...

I can give you a statistical reason for this 99% assurance: Go to my account and sum together all my pips I have got since 1/1/2008. Its +12263. This is after about 2500 trades and after daily trading with about 3-4 trades on average eatch day. Average loser is about -25. So all this together according to statistics tells me that if I just continue the same way I should be plus in 12 months. Am not boasting... just to say how sure I am at the moment.

Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:41

Elkart posted:
    I think you were doing a new system every minute or so....good to see you settled in.

Yes, its true I was changing systems. But one problem at that time was that I was not even sure which system really was profitable. Even then I had understanding of statistics and that on a long term systems work. I think it was more like lack of good system and trying to find it myself (sometimes its good to ask advices from professionals...u know...). Ye you are right: must find a good system and stick to it; run it for a long period of time (years). Also not giving up when they are in drawdowns and put risk small that losing periods do not stop you.
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 06, 2010 at 10:41 (edited Aug 06, 2010 at 10:42)
If you cracked it you cracked it, facts are facts. I don't see 12263 pips as a boast. If that's what you do, that's what you do...

Certainly seem a bit more settled (read sane) than you were then. Maybe an extra 4 years of life helped.
Member Since Aug 02, 2010   51 posts
Aug 06, 2010 at 10:46

Elkart posted:
    if you cracked it you cracked it, facts are facts. i don't see 12263 pips as a boast. If that's what you do, that's what you do...

Yes, true.
     I remember one of the main people on that forum was trading 'picking the top with tries'. So he started like shorting when price was very high. Obviously he did not tell the rules for his system, but even at that time I did understand that his method (small stop loss/big winners) will work statistically if just the system itself is done properly.
Freedom is a paradox; To be free to play beautiful music, you have to submit to the rules of music.
Member Since Aug 20, 2009   216 posts
Oct 06, 2010 at 18:15

stevetrade posted:
    I beg to differ, Cast Iron Man version 3 currently stands at 92% after nine months of trading and I fit into neither of those criteria. I'm sure there are many other people on here who are trading genuinely and have successful strategies.

I don't see cast iron man 3 at https://www.myfxbook.com/members/stevetrade . Did it go bust?
Member Since Oct 28, 2009   1424 posts
Oct 06, 2010 at 20:18
No Stephanus, I stopped trading it live as I was unhappy with the service on FxPro and decided to put the money into other accounts as at an average of 10% per month I decided I can make the money work better elsewhere. I'm still running it as a signal provider on Tradency though, here

https://www.myfxbook.com/members/stevetrade/cast-iron-man-tradency-feed/42411
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Aug 20, 2009   216 posts
Oct 06, 2010 at 20:59 (edited Oct 06, 2010 at 21:00)
stevetrade posted:
    No Stephanus, I stopped trading it live as I was unhappy with the service on FxPro and decided to put the money into other accounts as at an average of 10% per month I decided I can make the money work better elsewhere. I'm still running it as a signal provider on Tradency though, here

https://www.myfxbook.com/members/stevetrade/cast-iron-man-tradency-feed/42411


It went down 22% and then up 22% , showing that automated trading doesn't work. There is no substitute for knowing that only fundamentals is driving the USDCAD down through the floor, due to QE2. There is no EA out there that can show a two year track record. What we need is a 30 year record actually.
rosdikasim
forex_trader_1199
Member Since Sep 29, 2009   20 posts
Oct 07, 2010 at 02:01

stevetrade posted:
    No Stephanus, I stopped trading it live as I was unhappy with the service on FxPro....

May I know what is the problem you are facing with FxPro? I am contemplating to open an account with FxPro so a heads up would be nice..
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