Warnsoft (By forex_trader_370)

The user has deleted this system.

Warnsoft Discussion

Aug 29, 2009 at 01:45
739 Views
5 Replies
Member Since Aug 20, 2009   216 posts
Sep 09, 2009 at 16:43
If the account is demo how could you have a withdrawl?
Member Since Aug 24, 2009   4 posts
Sep 20, 2009 at 20:34
StephanusR,

2 plausible reasons for this could be he either mistakenly clicked the button for Demo instead of real OR when he opened the account, it was demo, then decided to use the account on his real account. I'm certain there are many other reasons, but those 2 jumped immediately to mind. As apposed to your first thought which would appear that your accusing this person of lying.

You know, you criticized a system and used the word 'impossible'. Absolutes like this lead me to believe your narrow minded. But then I look at what you say and not how you say it which leads me to believe your an intelligent person with very good critical thinking skills. Then I review all your posts and the majority are overly critical with confrontational overtones.

I always like to believe the best in a person so will assume for the moment that your intelligent and well meaning with your comments but for some reason the tone of your writing comes across with some bitterness mixed with hostility. May I suggest that before you push the send button, you take a few moments to re-read what you wrote and perhaps re-write it so that your intelligence and critical thinking thoughts and ideas are the focus of the discussion.

Best regards,

Terry
warnsoft
forex_trader_370
Member Since Aug 29, 2009   6 posts
Oct 03, 2009 at 10:42
Hello, sorry for the mistakes, this is a demo account.

The withdraw/normalize are made from the broker, basically this account was traded to prove my trading abilities to a company/broker, and everyweek they was normalizing the account to make a new 'fresh week', then my trades was being replicated in other accounts also, anyway this acct was a demo, i'm not trading it anymore at the moment.

Tnx for the interest :)
Member Since Aug 16, 2010   4 posts
Aug 26, 2010 at 10:06
Interesting.
What is the strategy? the shape looks like martingale but the history doesnt!
warnsoft
forex_trader_370
Member Since Aug 29, 2009   6 posts
Aug 26, 2010 at 13:57
Hello EXADLand,

The strategy traded on this account is basically an accumulation/distribution strategy, when price make a trend-move (or impulse), and soon after it start to making a retrace (bull/bear flag), the strategy consist on making multiple entries (not martiangle, the lotsize is accurately choosen with a proper MM), and positions are then closed when price resume the trend.
At the moment i'm trading a similar strategy on another account, similar but not the same.
The strategy i trade now consist of enter After (immediately) the price resume the trend, and make some profit during the resume move. ( https://www.myfxbook.com/members/warnsoft/testing-manual-trading/42720 ).
I'm trying this new approach and seems to be good also, and having a precise entry and exit (stoploss) give us the opportunity to enter in the trade in only 1 price (without multiple entries), opening a position much bigger in lotsizes compared to the multiple-entries approach.
My next idea is to make a strategy that use both principles (multiple entries during retrace and big final entry when price resume), but for now is only an idea, need to be tested accurately.

Thank you for your comment!
Member Since Feb 16, 2010   1332 posts
Aug 26, 2010 at 20:13
Very interesting and clever strategy.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.