sjkhaushu's Posts - Page 6

FXMasterMIND in Trading Systems Apr 23, 2018 at 10:18

Manipulated initial gains to attract investors. Myfxbook should ban users selling their systems based on manipulated results. Actual profit will be nowhere near to what account is showing and its also in constant floating DD. Calmar ratio is terrible and there are plenty accounts that can make better returns on lower risk and not be in danger of blowing up. Do not be naive guys.

Jumail v2.1 in Trading Systems Apr 23, 2018 at 08:39

Its happening what I predicted. There are 3 open trades on EU at the same time in quite a bit of DD. If EU drops any lower, this acount will blow up. As expected... Hopefuly nobody threw away their money by buying this grid scalping EA.

How to choose a good PAMM account in General Apr 23, 2018 at 06:30

Here are my rules:- verified trading history- no cent accounts - broker ragulated at FCA or ASIC (if its not regulated, the results can easily be fake)- no extreme scalping (scalability, liquidity, slippage and latency issues. When trading larger amounts the performance drops significantly)- no grid or martingale strategies, they all fail without exception- exact rules of the strategy have to be set so investor can recognize if something is out of ordinary- every trade has to have a SL- I much prefer automated trading to manual (no human factor) but its not a hard rule, just recommendation- Ma...

Jumail v2.1 in Trading Systems Apr 22, 2018 at 11:18

Even if the max SL is 200 pips its a problem. When a trade is down the EA starts opening more trades, kind of like a grid. So it will happen that multiple trades will hit the 200pip loss within the same sequence when the price break out (and it will). It also doesnt matter if the account blows up or not, the trading is judged based on risk adjusted returns or Calmar ratio. I guarantee you that pretty soon this will crash, there shouldnt even be a debate. Either the account blows up or DD goes far beyond avg monthly profit in which case the EA is completely useless.

Jumail v2.1 in Trading Systems Apr 22, 2018 at 10:07

Its just a matter of time until it blows up. The thing is it can happen tomorrow or in 3 months. You could possibly make nice profit for those 3 months but in the end the account will be blown up or at least in a large DD just like every other account that trades this way. Not worth the risk when you know that this has no chance of working long term.

Pipster in Trading Systems Apr 21, 2018 at 11:08

You think this is smart trading and money management? Holding positions until they come back even if it takes months... You have been in floating DD of over 50%, that says it all about your strategy. It really must been a hell of a fake and bounce since it looks like it hit you in the head if you really believe in what you are saying. You were overleveraged on UsdCad and got lucky that it went back up. If it continued the downtrend, you would already have 0 balance. This is pure luck since the UC went down 500 pips and you were still holding. This will keep happening over and over until you bl...

Caesar@IcMarketsUSD in Trading Systems Apr 20, 2018 at 17:32

I told you, I can refer you to my manager and he will show you the PAMM results. It is not possible to connect my own account to myfxbook. If you are managing funds then you are familiar with *** PAMM and how the software works. There is no access to Mt4 for investors so it is not possible to connect it to myfybook. I still have full access to my account through back office and can view live trading there, just not through Mt4. It doesnt work like a standard PAMM, its much much better and more flexible for investors. You should check it out if you are not familiar with the software.

Flash in Trading Systems Apr 20, 2018 at 17:31

I am not saying they are manipulated, I am just saying that with brokers like his, the results could easily be manipulated so I do not trust them. If anyone wants to invest, ask the trader to open an account at an FCA regulated broker and replicate the trading. It will take a week max to make sure the trading is real. If this trader is looking for investors, this wouldnt be too hard to do and would only help him get more clients.I have seen these kinds of accounts many times and the funny thing is they are always at some no name brokers and after a while, they just dissappear. I can name you a...

Caesar@IcMarketsUSD in Trading Systems Apr 20, 2018 at 07:15

I am not trying to sell anything so I dont need to show my results. But if you want to know, my manager is doing way better than you. About the same average profits as your account and the DD is 5x lower. And if that signalstart screen shot is correct, the DD is 13x lower. So there you go. I can also point you to my manager so you can check his performance yourself if you dont believe me.

Caesar@IcMarketsUSD in Trading Systems Apr 19, 2018 at 13:55

Better results hahaha

Jumail v2.1 in Trading Systems Apr 19, 2018 at 13:55

Because if you look at the trading history you can see that the EA is just keeping the trades open until they get in profit. Thats how you keep the stats looking great but at some point you will also blow the account. Trading just doesnt work that way and this account will end up terribly.

Flash in Trading Systems Apr 19, 2018 at 13:55

Most probably results are manipulated. Look at the broker, absolutely no regulation. Isnt it strange that every time an account looks great, it deals with an unregulated broker? Always the same story.I suggest the manager goes to FCA or ASIC regulated broker and duplicates the results. Then they will have legitimacy, this could very well be just another scam like SakuraFx for example...

Show your profitable account here. in General Apr 19, 2018 at 13:55

It is not all so simple. In Jaunary-February, he let some of the trades go down 150+ pips just wo wait for them to come back and close them with a small loss. This could be part fo the strategy or just looking out for the stats, we dont really know. Those trades could have easily gone the other way, what then?Avg Loss vs Acg Win is also manipulated due to above mentioned things. There have been multiple trades that were open for 2weeks or more and were in loss most of the time. He was just waiting for them to come back to -50 and then closed them. The stats dont tell the full story. If he was ...

Show your profitable account here. in General Apr 19, 2018 at 07:12

Yes, the account looks very good but there are some big issues which will get even bigger in time. The main problem I have is that there are no stop losses. This can be very damaging, especially because the account looks to be traded manually. The leverage used is also pretty significant and can cause a large DD very quickly. I also dont like the volatility in monthly profits. There have been months with 80% and two times 40%, on the other hand you have months with only 2%. The DD will definitely get larger at some point and will exceed the avg monthly profit. But all in all, it is definitely ...

Pipster in Trading Systems Apr 18, 2018 at 19:49

Where do you see 300%??? You balance is up 300% but your equity is up only 100%. With the 50%+ max DD so far, that is not impressive at all. I can make 1000% in one day as well with your way of trading. The problem is I will be in a 90% DD. You are holding your trades and hoping they come back This is just one of many strategies that are at 100% risk all the time and eventually blow the whole account. It may happen today or in 3 months but it will happen eventually. I am sure you will delete your account pretty soon if you keep doing what you are doing.

Pipster in Trading Systems Apr 17, 2018 at 06:55

I wonder how long before this account blows up. Terrible trading, just another hope and pray strategy. People never learn...

EVEREST (UNLEVERAGED 1:1) in Trading Systems Apr 17, 2018 at 06:54

Why has this strategy fallen off so badly in the last 6 monhts? Has the strategy changed? It used to be one of the best on myfxbook, now its just an average system in terms or R:R. Too bad...

PP1 in Trading Systems Apr 16, 2018 at 14:43

Was going so well.... Too bad the recent activity ruined the stats. Not suitable for investing anymore...

HYBRID EA FULL PROFIT ® in Trading Systems Apr 16, 2018 at 06:27

Anyone who invested with this guy doesnt know what they are doing. It was a stupid move that ended up as all martingale systems end up. I dont understand how anyone would fall for this "trader", enough was to read his posts and see that his trading is purely reliant on luck.His avg monthly profit vs max DD was pretty good before the loss, it was about 1:1. I wrote a month ago that the problems will start when there are 2 losses in a row, just like it happened now. The guy was just getting lucky he didnt hit the SL earlier, it was very close 3 times before.Most people really dont know...

ESMA agrees to prohibit binary options and restrict CFDs to protect retail inv in General Apr 15, 2018 at 11:10

Are those caps per pair or the whole account?For example I open a trade on EU with a leverage 1:10. I have 1:20 left for the whole account or is that left for EU and I can still open trades on other pairs?

All Quotes
AUDUSD	0.65223	USDCHF	0.91299
EURJPY	166.885	EURCHF	0.97913
EURGBP	0.85757	GBPJPY	194.589
EURUSD	1.07246	GBPUSD	1.25047
USDJPY	155.611	USDCAD	1.3658

EURUSD	1.07246	GBPUSD	1.25047
USDJPY	155.611	USDCAD	1.3658

Posts by sjkhaushu