FxMasterGuru's Beiträge - Seite 45

Automated systems with 95% profitability - can this be true ? in Erfahrene Trader May 09, 2015 at 14:49

Just a few red flags about 'PerfectScalper EA' by Don (who has registered on MyFxBook just a few weeks ago with a 'picture perfect' CV of a high-tech IT/trader guru with all the ups and downs):1. The 'master account' is running at a 'no-name' off-shore broker registered in Bermuda.2. Unfortunately some scam brokers can create, i.e. 'handcraft' Trade History, so they can sell any useless EAs or strategies for high price showing 'VERIFIED' 'REAL ACCOUNT' results.3. The money they can make from their useless scam strategies outweighs the cos...

Ammy Scalper IC Markets in Handelssysteme May 05, 2015 at 17:23

How about doing it on real verified account...? I guess, it would be too risky...

FX Manager Listing Board in Allgemein Apr 28, 2015 at 09:19

100% win rate so far. The start is looking good! Yes, it needs another 6 months (at least) to have a better picture.

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 28, 2015 at 08:23

Probably the time limit on your demo account has expired at FXDD. If you have a live account with them, you can ask them to convert the demo account to a "NON-EXPIRY" version. If not, you can still ask them, but it is unlikely that they would do the change.I suggest running the strategy on a small, but REAL account for the following reason:- the results will reflect the impact of the real market (e.g. execution delays, slippages, sudden spread widenings, stop hunting, etc., i.e. the great "toys" of the brokers to skin their clients).- the results will be more reliable and c...

Forex Contest Fidelis Capital MARKETS in Wettbewerbe Apr 27, 2015 at 12:33

Totally true. It is easy to make nice % profits even with a NEGATIVE pip count. So pips don't matter much.

KeltnerFlow in Handelssysteme Apr 26, 2015 at 17:11

I have not got password either - like anyone else - while following the original instruction... I guess all of us are simply dumb...

FX Manager Listing Board in Allgemein Apr 26, 2015 at 16:53

Are you serious...? Claiming to be a 'fund manager' with:- 6 days of trade history - only 10 trades during those six days...- and above all: running the strategy on a CENT account...?Fantastic! This is the best joke of the month...Come on, man! Would YOU trust your hard-earned money on a 'fund manager' with such background...?Yep... I thought so...

FX Manager Listing Board in Allgemein Apr 26, 2015 at 13:25

So far, so good... Lets have a look at it in 3 months agian.

FX Manager Listing Board in Allgemein Apr 26, 2015 at 13:24

@Cholipop How is your 5% per day scalping strategy is going...? You have been very quiet for some time...

Is it possible to get 30% profit every month? in Erfahrene Trader Apr 26, 2015 at 13:20

What a shame that the account is housed and run at a "less than reputable" broker...

Im an investor. How to find a consistent traders? in Erfahrene Trader Apr 26, 2015 at 13:14

@agustrader01 Just simply "Google" it... If your were too busy to do that, here it is:http://www.cfainstitute.org/programs/cfaprogram/Pages/index.aspxhttp://www.cfainstitute.org/programs/cfaprogram/exams/Pages/level_III_exam_prep.aspx

Im an investor. How to find a consistent traders? in Erfahrene Trader Apr 20, 2015 at 15:10

The key question: How many months' profit is sacrificed by one stop loss...?As the above example shows 'Caesar400' has sacrificed 9 months of profit by a single 'bad basket'. (Instead of taking the SL Tomas decided to hedge the loss, the only effect of which was just stopping the further equity drop. He requested that his followers wished him 'LUCK' to come out of it... Well, 'LUCK' might be an interesting exit strategy. I might just build an EA around it...)

Is it possible to get 30% profit every month? in Erfahrene Trader Apr 20, 2015 at 14:22

Maybe with a lucky Martingale... Enjoy while it lasts...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 20, 2015 at 14:01

@VPTrader Concerning http://forexmanager.co.za/ I can see a few 'red flags'. 1. Many of their past accounts had been abandonded.A few additional red flags about one randomly picked strategy from them: http://www.myfxbook.com/members/ForexManagerDBA/30-vip-usd-sl/9126372. Trade history is hidden (intraday Martingale?)3. Last update: April 14th, 2015 (i.e. one week ago). This is a significant red flag as the strategy manager can simply hide the drawdowns by connecting the account only at "high water mark" points, then disconnect again.4. 32 trades total have very low statistica...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 20, 2015 at 13:24

@VPTrader SWISSDIREKT might be interesting if they could verify their results and their broker is OK. Although I have a feeling that they will say that they are not dealing with MFB or FxBlue verification and they have their own verification procedure... Please keep us posted.P.S. I have two MFB logins. The simple reason: many scammers and strategy developers have blocked my original username after I had revealed their scams or strategy weaknesses, so I had to have a second username to be able place a final post about them. I am not alone with it: many other 'scam crusaidors' had been ...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 20, 2015 at 12:05

Other than the fact that the strategy employs some grid elements with progressive lot numbers, the results were really nice before the SNB announcement.Personally I am very sceptic about any strategy employing "gridding", i.e. cost averaging. In other words, I would not invest large funds with a "gridder". With smaller funds I might, but the proceeds would not even pay my rent.

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 20, 2015 at 11:46

- I am more familiar with MFB's verification process, so personally I would prefer MFB verification (through a mainstream broker).- Live access to MT4 would be a nice addition, and yes, a PAMM manager should be able to provide it for a few weeks. Should he refuse to grant access even a for a few weeks with a temporary investor passoword, it would be a HUGE RED FLAG.- Concerning the SWISSDIREKT and Folyle Capital performance sheets I have a few concerns: I could not find VERIFIED performance results for any of them. (Glossy performance pamphlets can be easily produced within a few hours ev...

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 20, 2015 at 08:50

@VPTrader 1. 'put more value to the managed accounts which do not have any 'track records' through third partys' - Well, I would still require 3rd party confirmation, preferably via a PRIVATE MFB LINK, i.e. which is not shown/marketed to the public.2. 'especially those where there is not much written about them at all' - The less talk and chit-chat about them on the net, the better. So, definitely a yes.3. 'Then ask for mt4 access to PAMM accounts and watch the trades some time'- Good idea, although I doubt that any PAMM manager would give investor access to his...

Im an investor. How to find a consistent traders? in Erfahrene Trader Apr 19, 2015 at 10:54

A typical grid strategy with fixed stop loss: http://www.myfxbook.com/members/togr/caesar-400-eurusd/662462As it can be seen a loss has not wiped out the account (as the strategy has a fix SL and currently it is hedging its equity DD), but one 'bad basket' has wiped out all the profts collected since August 01, 2014.And that is what to expect with any strategy utilizing grids, especially on volatile pairs.

5% average monthly profit for at least 2 years (with less than 25% max. DD) in Erfahrene Trader Apr 19, 2015 at 10:03

1. You will not see any real-time results with the mentioned strategies. Trades are - conveniently - delayed. I have seen it first-hand. The reason they claim was that they wanted to prevent copy-cats, but my suspicion is that they needed some time to hand-craft their trades. Which is why they will never be real-time signal providers - even for $1000 per month - and you will never see them on ConnectForex or on AutoTrade.2. As with any pyramid-scheme it is possible to withdraw funds, until the very end. Many people managed to get some nice virtual profits from Bernie Madoff, and even the Hunga...

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