I want only a safe 4% each month... Which EA?? Thank you
Členem od Aug 30, 2013
325 příspěvků
Apr 20, 2014 at 12:15
Your the prime example that is common and wouldn't know what success is. You have no clue what it takes to reach pinnacle. What you know is a dream and hence your position, your lack of understanding and your low expectations.
Your stupidy of comparing cars is evidence that you wouldn't know how to be very successful and is hard for you to comprehend and become successful so I won't even try to explain. Think about this common one...why should I or anyone risk millions to achieve millions +1? You got no clue about maths, you got no clue about finance and your certainly have mastered the art of having no clue about wealth only the poor like yourself would gamble as much as possible to try and achieve (if possible) what the institutional ask for with 1.5% DD. So the difference is that you need to gamble so much more i.e risk so much to try and achieve what institutional trading achieve, whereas for institutional trading, risk is approaching zero mr low on maths! They don't need to take risks lol, Why? I need not explain because you will not and never understand.
By the way 'a DD of 75% means the majority of your account is working efficiently?' Only a total idiot would say that ... 75% DD means 3/4 of your account is up shit creek unless you can by some miracle overcome this failure before being shut down due to margin call. If you could avoid that DD you would so that DD is beyond your control and always will be when you can't control the price, slippage and spread! Even your thinking is a failure and I wouldn't recommend anyone letting you handle any money for them.
Don't take it personally just about everyone is like you Bobby so your not in the dream alone but I like your spirits and your efforts to try and explain and pretence that you bring to trading. You do have some true thoughts though which is to spread your risk across several systems etc and hedging. Those are the most logical things you are able to come up with, just about everything else is rubbish.
Your stupidy of comparing cars is evidence that you wouldn't know how to be very successful and is hard for you to comprehend and become successful so I won't even try to explain. Think about this common one...why should I or anyone risk millions to achieve millions +1? You got no clue about maths, you got no clue about finance and your certainly have mastered the art of having no clue about wealth only the poor like yourself would gamble as much as possible to try and achieve (if possible) what the institutional ask for with 1.5% DD. So the difference is that you need to gamble so much more i.e risk so much to try and achieve what institutional trading achieve, whereas for institutional trading, risk is approaching zero mr low on maths! They don't need to take risks lol, Why? I need not explain because you will not and never understand.
By the way 'a DD of 75% means the majority of your account is working efficiently?' Only a total idiot would say that ... 75% DD means 3/4 of your account is up shit creek unless you can by some miracle overcome this failure before being shut down due to margin call. If you could avoid that DD you would so that DD is beyond your control and always will be when you can't control the price, slippage and spread! Even your thinking is a failure and I wouldn't recommend anyone letting you handle any money for them.
Don't take it personally just about everyone is like you Bobby so your not in the dream alone but I like your spirits and your efforts to try and explain and pretence that you bring to trading. You do have some true thoughts though which is to spread your risk across several systems etc and hedging. Those are the most logical things you are able to come up with, just about everything else is rubbish.
Členem od May 04, 2012
1608 příspěvků
Apr 20, 2014 at 22:01
Well, I would not judge Bob as he has the right to his opinion, as anybody else.
Concerning to the high efficacy of capital usage by allowing a 75% DD, well, I also have some reservations:
1. If the strategy is using max. leverage then a 75% DD means that on the remaining 25% equity a trader suddenly has to make 300% profit JUST TO BREAK EVEN. Pretty challenging task, especially EMOTIONALLY after a 75% DD. Why...? Because another 25% DD and the account is gone.
2. I would seriously doubt that an institutional or even a private investor would consider that a 75% DD on his account means that his money is used efficiently.
But one never knows. There may be some investors and more traders who find such an approach fascinating.
Concerning to the high efficacy of capital usage by allowing a 75% DD, well, I also have some reservations:
1. If the strategy is using max. leverage then a 75% DD means that on the remaining 25% equity a trader suddenly has to make 300% profit JUST TO BREAK EVEN. Pretty challenging task, especially EMOTIONALLY after a 75% DD. Why...? Because another 25% DD and the account is gone.
2. I would seriously doubt that an institutional or even a private investor would consider that a 75% DD on his account means that his money is used efficiently.
But one never knows. There may be some investors and more traders who find such an approach fascinating.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Jun 28, 2011
465 příspěvků
Apr 21, 2014 at 04:13
Thank you FxMasterGuru.
I have a project coming up which I hope will take all of my time. I am almost giddy at the possibilities, and even if it should fail, it is something that I will have been honored to play some part. I will announce it here first as the new project came about because of trading, but it isn't about trading itself. However, fair warning I will be asking everyone to lend a hand, in this one thing, I will be asking for your support. (Don't worry, there isn't any money involved) However, if we can pull it off, we will have left our foot prints in the sands of time.
So before I start on my new adventure, I wrote up a PDF that I would like to leave for everyone's consideration and this will fulfill FxMasterGuru's promise of the discussion.
I do want to say that I am most grateful for the chance to share time and thoughts with all of you guys.
Bob
I have a project coming up which I hope will take all of my time. I am almost giddy at the possibilities, and even if it should fail, it is something that I will have been honored to play some part. I will announce it here first as the new project came about because of trading, but it isn't about trading itself. However, fair warning I will be asking everyone to lend a hand, in this one thing, I will be asking for your support. (Don't worry, there isn't any money involved) However, if we can pull it off, we will have left our foot prints in the sands of time.
So before I start on my new adventure, I wrote up a PDF that I would like to leave for everyone's consideration and this will fulfill FxMasterGuru's promise of the discussion.
I do want to say that I am most grateful for the chance to share time and thoughts with all of you guys.
Bob
Přílohy :
where research touches lives.
Členem od May 04, 2012
1608 příspěvků
Apr 21, 2014 at 08:54
(Upravené Apr 21, 2014 at 08:55)
Thank you for sharing the strategy details, Bob.
Mathematically it makes sense, however, most traders are not mathematicians and don't have the patience of a Tibetian monk, i.e. waiting for the first trade and first small profit for years or even decades, as according to the theory the first 0.01 lot is opened at the CENTER. It takes lots of patience to wait for the center.
But lets say, that we do not wait for the center just start trading the USD/CHF towards the center on January 2nd, 2003. The range was established between 1995 and 2000 (1.1225 and 1.8309). The center was at 1.4767 (in 2002). So, if we had started trading toward the center on January 2nd, 2003, our very first BUY trade would still be opened (with many others since then) as of today. The lowest value was documented at 0.70801, i.e the max. DD would have been 7687 pips (!) in August of 2011. So even if by hedging the account at the historical lowest points (there were many) would could keep it intact, all the money would been tied down in a VERY LONG DRAWDOWN (i.e. unusable for other purposes for more than 10 years) while the inflation was eating it up in small chunks. And the day of the very first profit is still in the far distance...
The bottom line: even for an average investor (i.e. non-trader moneyman) it would be extremely hard to wait for the first tiny profit for years or even DECADES (theoretically) while enduring a potential 75% DD, and while the S&P 500 could profit an average 8-11% per year.
S&P 500: average 11% per year profit since 1990; 8% per year with inflation adjustment. Max. DD: 37%
(https://www.moneychimp.com/features/market_cagr.htm)
Mathematically it makes sense, however, most traders are not mathematicians and don't have the patience of a Tibetian monk, i.e. waiting for the first trade and first small profit for years or even decades, as according to the theory the first 0.01 lot is opened at the CENTER. It takes lots of patience to wait for the center.
But lets say, that we do not wait for the center just start trading the USD/CHF towards the center on January 2nd, 2003. The range was established between 1995 and 2000 (1.1225 and 1.8309). The center was at 1.4767 (in 2002). So, if we had started trading toward the center on January 2nd, 2003, our very first BUY trade would still be opened (with many others since then) as of today. The lowest value was documented at 0.70801, i.e the max. DD would have been 7687 pips (!) in August of 2011. So even if by hedging the account at the historical lowest points (there were many) would could keep it intact, all the money would been tied down in a VERY LONG DRAWDOWN (i.e. unusable for other purposes for more than 10 years) while the inflation was eating it up in small chunks. And the day of the very first profit is still in the far distance...
The bottom line: even for an average investor (i.e. non-trader moneyman) it would be extremely hard to wait for the first tiny profit for years or even DECADES (theoretically) while enduring a potential 75% DD, and while the S&P 500 could profit an average 8-11% per year.
S&P 500: average 11% per year profit since 1990; 8% per year with inflation adjustment. Max. DD: 37%
(https://www.moneychimp.com/features/market_cagr.htm)
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Jun 28, 2011
465 příspěvků
Apr 21, 2014 at 09:45
One thing that I didn't mention that you picked up on, we like to use the cad - aud - nzd because their countries economies are all commodities based. There was another back a few year ago, the eur/chf because the two were tied so close but that's no longer true as the euro has had a rough time of it. The closeness of the economic ties show up in the short span between the historical low and high.
The other thing was we don't want to use data before 2001 as 2000 was the start of the forex spot market. All price data prior to that was from the futures market. Those prices were much more volatile and so were the extremes.
These two things were not important for the example but it is for actual trading.
Good trading this week everyone.
Bob
The other thing was we don't want to use data before 2001 as 2000 was the start of the forex spot market. All price data prior to that was from the futures market. Those prices were much more volatile and so were the extremes.
These two things were not important for the example but it is for actual trading.
Good trading this week everyone.
Bob
where research touches lives.
Členem od May 04, 2012
1608 příspěvků
Apr 21, 2014 at 10:00
It would be nice and educational to follow the new experiment's performance page on MyFxBook.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Jun 28, 2011
465 příspěvků
Apr 21, 2014 at 10:18
You can use the one I started about a year ago until you set up whatever you had in mind, but remember, it is a demo account as I can not use this system live because of the FIFO rule in the US.
RISE AUDCAD
https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913
Bob
RISE AUDCAD
https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913
Bob
where research touches lives.
Členem od May 04, 2012
1608 příspěvků
Apr 21, 2014 at 10:21
How about FinFx? As far as I know they accept US clients.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Feb 26, 2014
3 příspěvků
Apr 21, 2014 at 12:10
Check out this amazing money manager performance on myfxbook. Lowest drawdown with super gain.
https://www.myfxbook.com/members/Tall...signals/895329
https://www.myfxbook.com/members/Tall...signals/895329
Maximum Gain with lowest Drawdown
Členem od Jun 28, 2011
465 příspěvků
Apr 25, 2014 at 00:18
Everyone,
I have had some good ideas in my life and have shared some of my success with everyone here, but I just had the biggest and most wonderful idea of my life. Please stop in to our new thread at
https://www.myfxbook.com/community/new-traders/traders-give-birth-new-idea/755228,1
I'm a little nervous.
Bob
PS, I am going to copy this invitation all over the other threads. If you happen to see a duplicate of this message, ignore it, you only have to go there once.
Bob
I have had some good ideas in my life and have shared some of my success with everyone here, but I just had the biggest and most wonderful idea of my life. Please stop in to our new thread at
https://www.myfxbook.com/community/new-traders/traders-give-birth-new-idea/755228,1
I'm a little nervous.
Bob
PS, I am going to copy this invitation all over the other threads. If you happen to see a duplicate of this message, ignore it, you only have to go there once.
Bob
where research touches lives.
Členem od Oct 10, 2012
6 příspěvků
May 16, 2014 at 19:34
Hi. if you find trading system which get 10-15% per month you can look these links:
https://www.myfxbook.com/members/Barash777/fundamental-analysis/921083
I hope you will be satisfied.
Thanks
https://www.myfxbook.com/members/Barash777/fundamental-analysis/921083
I hope you will be satisfied.
Thanks
Členem od May 04, 2012
1608 příspěvků
May 17, 2014 at 10:05
(Upravené May 17, 2014 at 10:14)
@Barash777
Interesting... But what has happened to your accounts advertised by you in this exact blog on November 16th, 2013 (Page 55) with a similar sales pitch?:
_____________________________________________________
Barash777 Nov 16 2013 at 11:00
Hi. I can guarantee you about 15% per month, sometime will be 25%, sometime will be 5%, but average result is about 15% per month. My systems is not Martingale, not Grid, not Scalping, only 'Fundamental' and 'Graph' analyse. I was creating this system during 3 years and I would be happy if you just look these links:
https://www.myfxbook.com/members/Barash777/black-box-2-conserv/741165
https://www.myfxbook.com/members/Barash777/black-box-ecn/742297
Please, write me if you have any questions. Thanks'
_____________________________________________________
Let me guess: Accounts have been deleted and you need new Noob Suckers... Ooooops!
So what about the 'I can guarantee you about 15% per month'. What is the exact nature of this 'guarantee'...??
Where is the proof from your DELETED accounts claiming the '15% per month'...?
SHOW US THOSE ACCOUNT!! DON'T BE SHY, MAN!! You still have the passwords... I doubt that you have the courage to do that.
Come on...! Anyone can run 20 different accounts with random strategies, then after 3-4 months showing only the ONE WINNER on MyFxBook as the 'Holy Grail of Fundamental Trading'.
Interesting... But what has happened to your accounts advertised by you in this exact blog on November 16th, 2013 (Page 55) with a similar sales pitch?:
_____________________________________________________
Barash777 Nov 16 2013 at 11:00
Hi. I can guarantee you about 15% per month, sometime will be 25%, sometime will be 5%, but average result is about 15% per month. My systems is not Martingale, not Grid, not Scalping, only 'Fundamental' and 'Graph' analyse. I was creating this system during 3 years and I would be happy if you just look these links:
https://www.myfxbook.com/members/Barash777/black-box-2-conserv/741165
https://www.myfxbook.com/members/Barash777/black-box-ecn/742297
Please, write me if you have any questions. Thanks'
_____________________________________________________
Let me guess: Accounts have been deleted and you need new Noob Suckers... Ooooops!
So what about the 'I can guarantee you about 15% per month'. What is the exact nature of this 'guarantee'...??
Where is the proof from your DELETED accounts claiming the '15% per month'...?
SHOW US THOSE ACCOUNT!! DON'T BE SHY, MAN!! You still have the passwords... I doubt that you have the courage to do that.
Come on...! Anyone can run 20 different accounts with random strategies, then after 3-4 months showing only the ONE WINNER on MyFxBook as the 'Holy Grail of Fundamental Trading'.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od May 04, 2012
1608 příspěvků
May 17, 2014 at 10:29
Yeah, everything starts at home.
When some losers cannot make a living like a MAN, they become parasites of society...
It is very sad to see so many of them gathering around Forex. I guess, the smell of the 'Green Noobs' is attracting them to the blood...
When some losers cannot make a living like a MAN, they become parasites of society...
It is very sad to see so many of them gathering around Forex. I guess, the smell of the 'Green Noobs' is attracting them to the blood...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Aug 30, 2013
325 příspěvků
May 17, 2014 at 11:25
It (forex or the like) might attract them but they are still the majority and will never be the minority
Členem od Oct 10, 2012
6 příspěvků
May 17, 2014 at 14:24
It's so rude!!! I understand I was wrong and if you want to know it's my 4th account (I don't hesitate), but with fully reviewed strategy! Now I trade ONLY 1-2 times per month... Maybe problem in my English, it's not great, nobody can't PROMISE profit in forex market, it's not bank, but at that date, half year ago, I really thought I have stability trading system... Right now I can't PROMISE you will win and ONLY win with me, but I just want you to look at my account as long as you want, and if you will be satisfied you can try to earn with me...
I don't want you think I'm fraudster, I just want you estimate my current (single) account!!!
I don't want you think I'm fraudster, I just want you estimate my current (single) account!!!
Členem od Aug 30, 2013
325 příspěvků
May 17, 2014 at 18:57
Barash777 posted:Obviously your brain isn't in your head. The fact that you hide your trade simply means your not worth trying, considering or even thinking about your shitty system troll, and that includes anyone in this category.
It's so rude!!! I understand I was wrong and if you want to know it's my 4th account (I don't hesitate), but with fully reviewed strategy! Now I trade ONLY 1-2 times per month... Maybe problem in my English, it's not great, nobody can't PROMISE profit in forex market, it's not bank, but at that date, half year ago, I really thought I have stability trading system... Right now I can't PROMISE you will win and ONLY win with me, but I just want you to look at my account as long as you want, and if you will be satisfied you can try to earn with me...
I don't want you think I'm fraudster, I just want you estimate my current (single) account!!!
Členem od Dec 15, 2010
795 příspěvků
May 18, 2014 at 01:43
A grid EA can do 2-3 percent amonth fairly safe, but not much more without a much higher increased risk. I have several free EAs I built if you wanna test, and some some I collected, just let me know and you can back test them easy and find your own setup and risk/rewards. It all depends on what your lookiing for at the end of the RAINBOW.
Přílohy :
Click on my Name to see My Live Charts and Bio.
Členem od Jun 09, 2011
186 příspěvků
Jun 19, 2014 at 11:52
http://www.freeforexrebates .info
Členem od Feb 22, 2011
4862 příspěvků
Jun 19, 2014 at 20:36
Mars30 posted:
I studied the subject - EA.
So, the final conclusion is:
Broker can easily, insted of robot/EA, open an order.
and you'll never prove that's not a robot opened!
(I mean big acc.s, which has special respect from broker! )😉😎
If your EA opens trade there is a record in your local log file.
This cannot be faked by broker, moreover why would broker do so and potentially generate you profit?
Členem od Jun 18, 2014
63 příspěvků
Jun 20, 2014 at 12:20
i did it with less than 2.5% DD .. see the performance here :
https://www.myfxbook.com/community/trading-systems/guaranteed-forex-managed-account/784272,1
https://www.myfxbook.com/community/trading-systems/guaranteed-forex-managed-account/784272,1
