Smart Forex Expert MAM (Low Risk) (by SFETrading) Quick Stats
Gain: +5.07%
Drawdown: 10.71%
Pips: -53198.2
Trades: 597
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

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Smart Forex Expert MAM (Low Risk) Discussion
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Wolfgang

Member Since Sep 24, 2013  38 posts Wolfgang Aug 15 at 10:18
I found some SFE long term results. Should be considered before using this.


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SFETrading

Member Since May 11, 2020  76 posts SmartForexExpert (SFETrading) Aug 15 at 10:35
Hi Wolfgang,

You must be another one from Forex21’s gang. Welcome and I won’t ban you like Forex21 did to me.wink

That is only one of the SFE EAs trading over a limited period. The SFE EAs trade long term strategies and it’s not unusual to have several months of stagnation on a single strategy. By running multiple SFE strategies the stagnation can be significantly reduced, which is what we have done with our signals.

You can also check the developer’s profile - some EAs have up to 5 years of history now and are still profitable to this day:
https://www.myfxbook.com/members/atractor

I think you can stop attacking us now because the more your attack us, the more silly you look.smiley

Forex21

Member Since Jan 16, 2014  414 posts Forex21 Aug 21 at 13:48
SFETrading posted:
 Welcome and I won’t ban you like Forex21 did to me.wink


1) You posted a screenshot from somebodies account and made it look like that the account belongs to me. That's why I banned you.
2) Consistently negative results for 3 years and a few months stagnation are two different things.
3) Wolfgang is a client of mine, a skilled trader and decent human being. There is a lot you can learn from him.











SFETrading

Member Since May 11, 2020  76 posts SmartForexExpert (SFETrading) Aug 23 at 05:08
Well I just pointed out what I felt looked a bit dodgy. You are welcome to have your own theory and people can decide for themselves if your explanation makes sense or not.

I didn’t ban you or other people who questioned my system and I took time to explain how I traded my personal accounts, which made over $330K in 4 years. Similarly, people can decide for themselves whether they believe it or not.

Good luck to your trading and I don’t have any ill feelings towards you. However I think it would be much more convincing if you can use a real account rather than demo for your “ProFx 7 - Day Trade“ account. smiley

Andrew_S

Member Since Sep 04, 2013  14 posts Andrew_S Sep 28 at 06:15
-1.81% after more than 350 trades. I am very happy that I did not fall for your sweet talk and allowed you to trade my account.

Investors be careful. Jimmy and Stefanos are good at marketing but have no clue about trading.

Stay away!

SFETrading

Member Since May 11, 2020  76 posts SmartForexExpert (SFETrading) Sep 28 at 07:49
Well if you can’t tolerate having no profit for 6 months then you certainly don’t have a long term view about trading, so our system is clearly not for you. You can come back in another 6 months and see where the account is sitting at. smiley

Wolfgang

Member Since Sep 24, 2013  38 posts Wolfgang Sep 29 at 07:40
Stefanos account shows consistent losses since 2018. Time to update those moving average settings?

SFETrading

Member Since May 11, 2020  76 posts SmartForexExpert (SFETrading) Sep 29 at 08:40
Wolfgang posted:
Stefanos account shows consistent losses since 2018. Time to update those moving average settings?


His account runs SFE Price Action which has been in stagnation since 2017-2018, but the offical accoutant still has over 400% gain since inception: https://www.myfxbook.com/members/atractor/sfe-price-action-21-normal/1331484

It is true that the market has been unfavourable for momentum based EAs for the last 2-3 years, but their time will come. We just need to be patient and wait for the market to become favourable again.

As I said, we focus on long term growth and the results may take a few years to become apparent. If people are not ready to invest for the long term then they should not use our system, and they are welcome to find other systems instead. But from what I’ve seen over the years, it is very rare for most systems to even survive more than 2-3 years. smiley

JosefK

Member Since Feb 28, 2014  26 posts JosefK Oct 06 at 17:36
Expectancy: -93.0 Pips

A system what enters at the beginning of the NY session a buy or sell trade based on a random machine with a SL of 50 pips and a TP of 100 pips would trade better than this. smiley

SFETrading

Member Since May 11, 2020  76 posts SmartForexExpert (SFETrading) Oct 07 at 09:32
Any system can have a winning streak in the short term, but we shall see who will last the distance.

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