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WP-FX
Sep 28 2019 at 15:02
posts 3
https://www.myfxbook.com/members/WP-FX/wpfx-oanda-2/3176058

So far so good, that max DD is unfortunate and I racked that up earlier in the year when the account was much smaller. More buying power now and better focus on risk management. We'll see where this goes.

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Timothe Bouchard (ratou11)
Sep 28 2019 at 21:44
posts 43
KhanhNgu posted:
Almost all systems are trading without SL a use martingale :))). All prezented systems has no more history than 3 mounths. Show your system with atleast 1 or more year history.

I agree that most of them are unsafe (big DD, martingale), but SLs are not necessary to trading in my opinion. You have to adapt to the market and get out earlier or later depending on what's happening. Take smaller lots and never let a single trade put more than 1% of your account in peril.

Cuong (CuongVC)
Sep 29 2019 at 09:23
posts 237
SLs are not necessary when you have other means to adapt with price movement.

If you can prove that you can make money grows, tons of money will flow to you.
Adribaasmet
Sep 29 2019 at 10:08
posts 994
ratou11 posted:
KhanhNgu posted:
Almost all systems are trading without SL a use martingale :))). All prezented systems has no more history than 3 mounths. Show your system with atleast 1 or more year history.

I agree that most of them are unsafe (big DD, martingale), but SLs are not necessary to trading in my opinion. You have to adapt to the market and get out earlier or later depending on what's happening. Take smaller lots and never let a single trade put more than 1% of your account in peril.


Maybe; but till now using the SL is an obvious rule; if your strategy allows it; then you can avoid it otherwise not!

Venka
Sep 29 2019 at 11:30
posts 14
zijlstra posted:
Venka posted:
zijlstra posted:
https://www.myfxbook.com/members/zijlstra/algoritmus/3401261


This is obviously martingale.





I don't know what is for you definition of martingale. You start with 0.01 lot, if price goes against your position you keep adding and increasing lot size. I've seen that you trade even 5.12 lot which is 512 times bigger lot size than initial trade. Everybody calls it martingale and everybody knows it will drain your account.

AmDiab
Sep 29 2019 at 15:08
posts 718
CuongVC posted:
SLs are not necessary when you have other means to adapt with price movement.


Maybe it’s your terminology; but I can’t trade without the SL tool; since my trading strategy is based on SL & TP tool!

FXTrader1983
Sep 29 2019 at 17:43
posts 54
The thing that I love about all of these responses is everyone has their own opinion which is great! The thing about EA’s is everyone wants to know your secret. There is no secret, it just watching the market for 20 hours a week, analyzing and using different methods, and after 5 years, you will realize how the market works. THAT is how the EAs were developed. You say there is a big drawdown in which I did say that I was in the testing mode. If you look at the demo account, when all settings were what I wanted, you can see the drawdown was roughly 9% with a profit of roughly 58%. This actually blew my mind on things. However, it has done exactly what it was suppose to do. Again, criticize all you want, but if you don’t unsterstan how things work, then you have no right. The reason people develop EAs is to make money without having to watch the market. It’s not for you to figure out or understand, but only to understand that hey, this guy knows what he’s doing. There is a trend, short term long term scalpers, martingale in a sense, and hedging all built into 1. The idea is make money and this is what it does. I love how everyone brags about the percentage of money they make on their accounts, but look at their account size. I myself, would much rather make 10% on my 100k account in a month rather then my 4000% in however many months on $100. This just goes to show you who actually believes in their EA.

Cuong (CuongVC)
Sep 30 2019 at 06:25
posts 237
AmDiab posted:
CuongVC posted:
SLs are not necessary when you have other means to adapt with price movement.


Maybe it’s your terminology; but I can’t trade without the SL tool; since my trading strategy is based on SL & TP tool!

Agreed. Not everyone can trade without SLs.

If you can prove that you can make money grows, tons of money will flow to you.
Andy Zatt (fastdrive55)
Sep 30 2019 at 08:24
posts 102
Venka posted:
zijlstra posted:
https://www.myfxbook.com/members/zijlstra/algoritmus/3401261


This is obviously martingale.


Probably. But if, it must be an extremely optimized Martingale... how it could have survives since 2016?
Any additional input here how that is possible?

You haven't been around lately.
gourav
4xtrader104
Sep 30 2019 at 10:45
posts 37
my manual trading conistent profit with low drawdown n good profits https://www.myfxbook.com/members/4xtrader104/10ksystem/3499452.
https://www.myfxbook.com/members/4xtrader104/7ksystem/3513988 . what matters most is consistent and low drawdown thanks

Venka
Sep 30 2019 at 12:54
posts 14
fastdrive55 posted:
Venka posted:
zijlstra posted:
https://www.myfxbook.com/members/zijlstra/algoritmus/3401261


This is obviously martingale.


Probably. But if, it must be an extremely optimized Martingale... how it could have survives since 2016?
Any additional input here how that is possible?


First, it is since Nov 2017 (not 2016)
His initial deposit was 1000 EUR. However he has additional 1500 EUR deposits which he deposited during big DD to avoid margin calls.
His DD here is 19.14% while on the other web site it is 51.5% which shows manipulation with results.
This martingale is pretty optimized as you said. But how good is strategy which makes 9.39% with 51.5% DD? And it is still martingale which can burn your entire account any time.

AmDiab
Sep 30 2019 at 14:21
posts 718
4xtrader104 posted:
my manual trading conistent profit with low drawdown n good profits https://www.myfxbook.com/members/4xtrader104/10ksystem/3499452.
https://www.myfxbook.com/members/4xtrader104/7ksystem/3513988 . what matters most is consistent and low drawdown thanks


Well start; I hope you’ll keep continue with the same flow! But one think; don’t avoid the money management rules!

zijlstra (zijlstra)
Sep 30 2019 at 19:02
posts 104
fastdrive55 posted:
Venka posted:
zijlstra posted:
https://www.myfxbook.com/members/zijlstra/algoritmus/3401261


This is obviously martingale.


Probably. But if, it must be an extremely optimized Martingale... how it could have survives since 2016?
Any additional input here how that is possible?


the ea calculates risk and profit and combine 2 major pairs thats why it is profitable for a long time

Timothe Bouchard (ratou11)
Sep 30 2019 at 21:46
posts 43
Venka posted:
fastdrive55 posted:
Venka posted:
zijlstra posted:
https://www.myfxbook.com/members/zijlstra/algoritmus/3401261


This is obviously martingale.


Probably. But if, it must be an extremely optimized Martingale... how it could have survives since 2016?
Any additional input here how that is possible?


First, it is since Nov 2017 (not 2016)
His initial deposit was 1000 EUR. However he has additional 1500 EUR deposits which he deposited during big DD to avoid margin calls.
His DD here is 19.14% while on the other web site it is 51.5% which shows manipulation with results.
This martingale is pretty optimized as you said. But how good is strategy which makes 9.39% with 51.5% DD? And it is still martingale which can burn your entire account any time.


We need more people like you going around and checking signals for such manipulation because it's so common and easy. Especially making deposits when the DD increases...

Unfortunately, a lot of signal subscribers only look at profit % and not at the risk.

DavGreenPips
Oct 01 2019 at 08:20
posts 5
Hello investors. Eata are my account live one is 7 months and another one more than 1 year. For serious investors who want to have a passive income without worries.

Account ICMarket with 7k : https://www.myfxbook.com/members/DavGreenPips/passiveincomestablemore1year/3555196

Account ICMarket with 37K: https://www.myfxbook.com/members/DavGreenPips/passiveincomestable2/3555600

Best regards.

My contact in skype is : atowinforex


Fx Scalper (fxsc1lper)
Oct 01 2019 at 17:23
posts 348
OutsideTheBoxHK
Oct 02 2019 at 19:28
posts 129
All below systems are slightly different, with same basic core of grid, averaging in, averaging out, mutli-confirmation entry system.
15 years studying price action in different environments. Gradually tweaking risk management over the years to not stifle profits but also to not lose too much capital in drawdown phases.

Mt Cook Master PAMM -- https://www.myfxbook.com/members/Outs...t-cook/3319100
Mt Cook NEW PAMM -- https://www.myfxbook.com/members/Outs...w-pamm/3494947
Mt Cook NEW PAMM (2x risk) -- https://www.myfxbook.com/members/Outs...m-risk/3494990
Mt Cook NEW PAMM (2.5x risk) -- https://www.myfxbook.com/members/Outs...m-risk/3495023
-- https://www.myfxbook.com/members/OutsideTheBoxHK/outside-box-darwinex-xux/3173289
Darwinex BUC Darwin -- https://www.darwinex.com/darwin/BUC.4.24/
-- https://www.myfxbook.com/members/OutsideTheBoxHK/outside-box-darwinex-buc/3173282
Darwinex BUX Darwin (award winning) -- https://www.darwinex.com/darwin/BUX.4.4/

Listed at Darwinex or Trade Copying (MQL5, SignalStart). Please vouch for my system. “Learn from your mistakes and do not give up!”
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