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Commercial offers should be backed by real, verified accounts
v
Box s návrhy
Dec 16, 2010 at 16:22
Watermarking demo/unverified charts is a great idea. Of course, I could knock up a "MyFxBook" chart in about 30 minutes in photoshop to show pretty much anything I wanted to.I basically disregard any MyFxBook details on a commercial website unless they lead directly back to a live account on here, and so should everybody else in my opinion.
Leo Trader Pro
v
Obchodní systémy
Dec 16, 2010 at 16:12
It would seem that the Leo EA is a trade replicator at the client side. I'm not a great fan of this kind of setup I must admit. It's a good way to control your IP and ensure that people don't screw up the settings and then complain when the EA doesn't make a profit.No doubt the manual will claim that the best results will be achieved by using the same broker as they do FinFx.
FXCL1137600
v
Obchodní systémy
Dec 16, 2010 at 15:41
Interesting that on November 24th you managed to achieve 99% account increase with a 9 pip winner.51% account increase with a 14 pip winner.76% account increase with a 7 pip winner.Even allowing for the way that MyFxBook accounts for percentage increases this is an insane level of risk to be taking with an account. It looks to me as though you were overtrading.
Leo Trader Pro
v
Obchodní systémy
Dec 16, 2010 at 10:59
Here are a couple of examples where it went into 100 pip or so drawdown to get it's profit. So my guess is that the 330 pip opening stop loss is an actual optimised stop loss.So, it will hit it sooner or later. That said it is currently nearly 3000 pips up.
Leo Trader Pro
v
Obchodní systémy
Dec 16, 2010 at 10:21
The longest a trade has been opened is nine days. The shortest, rather weirdly, is zero seconds.
Commercial offers should be backed by real, verified accounts
v
Box s návrhy
Dec 16, 2010 at 10:10
Totally agree with this. Not sure how to enforce it other than splitting out the commercial and the non commercial accounts.As it stands I believe the vigilant members of the site do their best to point out when one of the various elements are missing from an account but there are still always people ready to take a punt when they see the dollar signs.
Leo Trader Pro
v
Obchodní systémy
Dec 16, 2010 at 09:05
No, I haven't had chance yet Soeren, but it is on my to do list.
Leo Trader Pro
v
Obchodní systémy
Dec 16, 2010 at 09:01
From FinFx website"Raw Spreads starting from 0.2 pipsNo Mark-up with ECN means much better fillsTrue ECN/STP environment"You don't use fake stops on an ECN broker in my opinion. It makes no sense to.
Super Scalper
v
Obchodní systémy
Dec 15, 2010 at 09:23
Seems a little weird since Wayne claims to be in the UK.
Leo Trader Pro
v
Obchodní systémy
Dec 15, 2010 at 09:12
Hmm, starting to smell to me this one now.
FundsForexManaged
v
Obchodní systémy
Dec 15, 2010 at 09:10
I've actually had some problems with using both the MT4i and MyFxBook EAs on the same account. - of the MT4 crashing variety. It was earlier versions of MT4 but I would use then together with caution.
Leo Trader Pro
v
Obchodní systémy
Dec 14, 2010 at 22:23
Thanks for the info. I'll plot the trades tomorrow and post anything I see that looks dubious here.
Leo Trader Pro
v
Obchodní systémy
Dec 14, 2010 at 12:27
Ray, can you let me know what the broker time is on FinFX?I'll plot the trades and see what they look like, my initial thoughts about this EA are that it allows a massive drawdown on some trades before returning a few pips.My initial thoughts about this project were that is was a collusion between FinFX and the EA developers in order to attract business to FinFx - who are a relatively new broker.
Trading without Stoploss, can send you packing
v
Zkušení obchodníci
Dec 13, 2010 at 13:53
It's simple don't have one thousand losses. If your live trading bears no correlation with what your paper trading results told you was likely to happen then review your strategy.
Trading without Stoploss, can send you packing
v
Zkušení obchodníci
Dec 13, 2010 at 13:39
The whole concept of a stop loss is a method to take emotion out of the equation. If you have decided in advance what loss you are willing to accept then I don't see a problem with putting a stick in the ground on the system. That way last second nerves can't get in the way of the decision. "Oh, I'll just wait a second it will come back" turns into "This is a long term position, I know the trend will reverse", turns into "Any spare change mate, I need a coffee".If you are trading with a broker that is hitting your stop losses then change broker. Seriou...
Armextra Bot V4
v
Obchodní systémy
Dec 13, 2010 at 09:16
Hi, I notice you aren't using a stop loss and on 22 November you are showing a considerable drawdown overnight.Are you holding your positions open until they come back into profit or near to profit?
TP = SL
v
Obchodní systémy
Dec 13, 2010 at 09:06
I think the conclusion is that both of these systems are the same person.
TP = SL
v
Obchodní systémy
Dec 11, 2010 at 11:20
It's sad when the scammers get a victim. I feel your pain, I really do and I'm sorry it happened to you.I think one of the lessons to be learned from this scam is if a trader does not communicate openly and honestly in the thread for their own system then steer clear of them.
Super Scalper
v
Obchodní systémy
Dec 11, 2010 at 11:20
It's sad when the scammers get a victim. I feel your pain, I really do and I'm sorry it happened to you.I think one of the lessons to be learned from this scam is if a trader does not communicate openly and honestly in the thread for their own system then steer clear of them.
Super Scalper
v
Obchodní systémy
Dec 10, 2010 at 17:14
You are saying that you allowed somebody else to use your photograph to represent themselves?
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