Discusión 1st Showcase Account

Hey SIM,

I've been watching your system and I'm impressed. I have been working on my EA for almost 2 years and it is a struggle. My system is a momentum system but I am incorporating martingale elements onto it now. I am successful with a few pairs but would like to expand potential.

It would mean the world to me if you could share anything about what indicators you trade off of and any info you might share. For instance, are you trading off of an up down angle of a 1 or 2 candle daily ema as many martingale systems do? I trade off 15 minute and 1 hour time frame, depending on what pair.

What is the signal for you to enter another position or to take profit? I see you increase lot size as the trade goes against you, then take profit on all positions. I have a similar strategy, but limited to only a few additional positions.

As far as suggestions to improve your trading, i could give you much better advice if i had some idea of the strategy you are using. For example, you may be able to increase lot size for the 10 pip targets under certain higher probability set ups but i need some foundational knowledge to work off of.

I would enjoy any public or private conversation with you. You tell me something about how your EA works and Ill tell you what is working for me.

Best to you
Wayne

pip2cash posted:
    

cun111 posted:
    Hi,

Don't you stilll think to share your ea?

Here is my e-mail address:

[email protected]

Regards

cuneyt

Hi,

This is martingale system.... you not scare?

SIM

LOL no reason to be afraid of Mr. Marty as long as we don't get greedy...😎
Keep going, you're doing very well!

Hello myfxbookers,

I am here to congratulate you all whole heartedly on coming Christmas and New Year 2011. I hope this year is favorable and advantageous for you. I wish all of you manage to improve your trading skills. This is quite a nice year for trading Forex if compare to year 2009.

Honestly speaking, may Ms. Lucky and Mr. Success attend and stick to you for the coming year of 2011 no matter where you go.

Merry Christmas to all of you who have been following my trading account.

I hope everyone here have the best of luck and welfare!😁


Cheers,
SIM

Hi Sim,

It seems like u used Martingale as your system, but why do you said Martingale Sucks in my Discussion?
Do you have any bad experience with Martingale? Perhaps you want to share with us.

Thanks.

And No, I don't afraid of Martingale! Why should I?

Charles. 😄

charlesf posted:
    Hi Sim,

It seems like u used Martingale as your system, but why do you said Martingale Sucks in my Discussion?
Do you have any bad experience with Martingale? Perhaps you want to share with us.

Thanks.

And No, I don't afraid of Martingale! Why should I?

Charles. 😄

Hi,

Martingale sucks only for someone that greedy and want high return. For me i i think Martingale is the only way to make profit in long term.

Regards,
SIM

Hello,

It has been 1 year of trading using this strategy, so far so good.

Happy Trading.
SIM

Hi all,

March doing good with low DD, meet the expected return as well.

Regards,
SIM

Hi, I need your help... I'd like to invest some money with very low risk... and it seems to me that your martingala will work... do you manage accounts? or what? please [email protected]

Hi,

Martingale is known as higher risk trading strategy. If you are looking for low risk trading, i might not be the right person.

Regards,
SIM

Hi SIM,

Very nice and steady results, one of the best i ever seen with a martingale strategy.

Can i ask why d you have so many deposit/withdrawal lately?

Do you will sell ur ea/settings in a future?

Regards,
Miguel

Hi,

That is a PAMM account, therefore a lot of deposit and withdrawal all the time.

I will provide automatic signal in near future. Add this account into your watch list, I will inform you once it is ready

Regards,
SIM

Hi SIM,
Do you not avail this EA for one account usage sale?
Can this EA be used for medium thousands$$ ?
JB

Hi JB,

The EA is not for sell. What do you mean by medium thousand?

Thanks,
SIM

Thx for response.
By medium thousands..........you mention in your site info that this EA for small amounts so I wondered if it works on larger amounts.
Doesn't matter what size account as all is leverage in fx.

So what reason(s), if I may ask, wouldn't you allow sale of EA? Seems it would pad your account so you can trade larger lots while at same time helping your fellow fx folks. The idea that others have same time of trade as you so could distort your trade opportunity I believe to be false as it would take many huge players using your EA before even 1 pip could affect you, soooooo, with only helping others the subject and you getting further lot sizes early........sounds like all around win/win to me. I could go on as to why you won't but I PREFER KEEPING THIS POSITIVE {IF YOU WANT TO INTROSPECT AS TO WHY YOU WOULDN'T SHARE THEN YOU ARE.. (oooops, 'cuse caps, that was accident) good person, which are good to that degree.} I started displaying an EA with almost a month of trades with no losers so far, if folks want it I will share! But prefer all see it for many months or a year because it obviously needs time like yours to see if it 'pans-out'. Isn't just my 'feelings' but rather above reasoning.
Jb

Hi JB,

Thanks for reply. I mentioned this system for low capital does not mean it is only can trade small capital. What do i mean is this EA can start with small capital, a lot of EA out there require at least USD2000 to start using it. You can see my account, I am trading more than USD10,000, they are all standard accounts, not cents account.

The same EA will give totally different result when used by 2 different person even though all settings are totally same. Last time i sold the previous version to 2 guys, both of them giving bad comment while i am making money every month. Since then I am not selling the EA anymore. I do not want to make other people loss money because of my EA.

Another reason not selling EA is, it used to happen that someone selling my EA with another name. I do not want it to be happen again.

I understand I can make extra bucks by selling the EA, someone in this portal trying to buy this EA with USD1,500. I refuse to sell it. I am making money from trading Forex, not selling EA. I can gather money from month to month, eventually I can make big money from trading when my trading fund growth large.

However i can spread some news, I will launch Forex signal broadcasting service maybe by next month. It will automatic process, the signal will directly executed into your trading platform. No need human intervention at all. I want to start this service because all of my PAMM investors asking me to sell them signal. So finally I decided to start it. The price will be very cheap, very affordable price.

Regards,
SIM

Thx for your considerations SIM.
Sorry you ran into problems with EA sales. Signal service sounds good; it will have problems too hopefully less for you.
What were your buyers doing wrong in its usage, is this an optimization sensitive EA?
Jb

Hi,

Signal service will be no problem, the most important key points in successfully using the signal is not to restart your MT4 trading platform and 24/7 internet connection. Otherwise it will not be any problem.

I am not so sure about their mistake, but i think they do not 100% believe the EA, so from time to time they interrupt the trading manually. Yes, the settings of the EA are very important, but i gave them the settings as well.

Regards,
SIM

Hi SIM

I will also be interested in your signals, pls let know when u start it

thanks

sam

SIM,
Why do you say 'make sure not to turn off mt4'? Most EA's+mt4 will track whatever trades if mt4 momentarily disconnected/off or logged off. You should be able to find an mt4/dll combo that will keep track of trades in the event of disuption. Otherwise you can have one programmed via freelancer.com.

Jb