www.fxpublisher.com Discussion

Is this a Martingale EA? Seems like one!

Lot sizes and position closing would imply it is.

Hi
this is a semi martingel,we manage the positions with main sup and res,and it is not 100% automatic.
and with the same lot size will never blow up any account above 6k,
as you see we run it on a very small account and never had any problem,

Three months hardly constitutes a solid test though does it?

Account management with martingale is about the closest you can come to a ponzi scheme without actually setting up a ponzi scheme in my opinion.
Constant management fees for you with none of the account risk, which is all the clients.

I think 3 month forward test is enough,and will show every thing
I havd a sugestion ,you can follow our trader as long as you like.if it give profit as long a you follow will show it is safe and worth to try that.
just want to say somthing,it has some tricks that make it different from other system and other semi martingel,
please send your other suggestions

Dear All
please send your sugestion about this system,we try to make so safe ,Although i seems we use some martingel rules,but it has some tricks that make it different.
in your Idea is 3 months forward test enough tosay some system is trustable or not?
waiting for your feedback

Hi,

May i know how come this account is not updated?

https://www.myfxbook.com/members/fxpublisher/fxpublisher-live/47390

Regards,
SIM

Hi
good question this account is withdrawaled
for confirmation you can login with below user and password:

loging:7049021
password:fx123
server:62.213.101.145:443 or InstaForex-Singapore.com

I gave a user and password to a public to show the account hasn't updated because it was withdrawaled ,NOT because of blow up

as you can see it was a live account with live money in instaforex.

for others statement user and password in available too if you think ,they are fake I can send user and pass for others statement.

please send me any sugestion here to make this statements more clear

I suggest everybody to login with the username and password that I gave above to challenge your qeustion about the EA system...😲

Than write here all your questions... so everybody can see it to...If there are any questions left......😉

After that you can see yourself that it is worth to try it for free, not???😎

Hi every body
I had a question :in your Idea how long an EA should trade that could trust on it??
may you write here your suggestions?
many thanks

For a martingale system?
Oh about three years maybe.

stevetrade posted:
    For a martingale system?
Oh about three years maybe.

😀😁

IF you say 3 years enogh,In my Idia LIFE TIME test for martiangel system in still not enogh,BUT it is not a 100% mrtiangel system ,because I use a special money management for managing positions and the EA doesn't work 24 hours a day,
may you explaine why this system not safe?i

I don't know why the system is not safe because I don't know exactly how it works. However you are adding to a losing position with martingale staking, which is unsafe. If you are manually managing the trades then why don't they have stop losses on them?
That implies that your manual intervention is possibly not predetermined i.e. 'I will exit these positions if resistance of x is breached'.

If you are arbitrarily taking decisions on exits then there is a high degree of risk involved especially when you introduce managing other people's money - which always massively effects the psychology of your trading, people tend to make poor decisions when they are trading other people's money.

I always assess high risk systems by how fast they can double a deposit. If you can double a deposit in a month then it's worth taking a gamble with a small percentage of your risk capital. This system though would appear to take three months to double a deposit - not discounting management fees. I certainly wouldn't take a chance on it as there are systems out there that are not using a risky staking plan that can give similar returns.

The fist thing that I should say to you and any body who follow this statement is: We trade on our money and DON'T RISK ON OTHER's POEPLE MONEY.
We will make a big profit for ourself with 0% risk, So not needed to risk on others hard earned money,this is the first thing that you should know that and this topic is only to introduce the system and may be could improve that,

Second:We don't recive any Ib rebate from this management(any body can have any account in any broker)+No management fee will ask.
Third:Our self in our trading use normal 10k for such a trade size, So the return will about 20% after 3 month ,that show it is not high risk and as you told and wrote always assess high risk system by how fast they can double a depoit,

I think you will still ask why we started with 2k?
the answer is:to show this system still SAFE enough

Okay, I'm a little confused here then.
Are you offering to manage other people's money or not?

If you are offering to manage other people's money then you are by the very nature of forex trading risking other people's money.

Secondly it's not possible to generate ANY kind of profit with 0% risk. There is no such thing as 0% risk in the real world. Even sitting here in my office I am at a small risk of a jet engine falling on my head.

Yes,we are managing BUT FREE

About the risk you are right, I mean by 0% risk ,very small risk and I mean 0% risk to blow up the account
Always the risk is available ,when the account is floating to generate profits it is a risk.

Hi
with our today's trade our profit in last 3 months passed from 100%.
please write your idea about this EA,
we are agree to run it for anybody,in any broker for free

Hi,
Can I ask what your ultimate goal is with this offer?
Say I give you my account details and you trade on my account. How long do you trade it for?