I want only a safe 4% each month... Which EA?? Thank you

by the way I am talking about siam's posts on another sections because like most freaks here they go to all sorts of parts on forums and start bragging when they are bored and have started up a new account that is short term surviving.

The real question is: Why would a person want to settle for only 4% pm when they risk 100% of their account every day?

People 'think' their system is limiting risk to 1% or 2%, but in reality your entire account is at risk at all times, hence the common disclaimer by all brokers involved in forex:

'15. No Guarantees of Profit
There are no guarantees of profit or freedom from loss in Foreign Exchange Trading. Client has received no such guarantees from FinFX or from any of its representatives. Client is aware of the risks inherent in Foreign Exchange Trading and is financially able to bear such risks and withstand any losses incurred.
16. Force Majeure Event
In case of a Force Majeure Event the Client shall accept the risk of financial losses.' - www.finfx.fi

'High Risk Investment
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.' -www.dailyfx.com

If you are risking 100% of your account at all times, you might as well also aim for the sky - why limit yourself to only 4% pm?

I am not advocating nil risk management, merely drawing attention to the farce of claiming that forex can ever be 'safe'.

Interesting discussion about safety of investment, this is in short what I think having a quite long experience in managed accounts and trading also: First, obviously nothing is sure 100% especially in a speculative investment as a managed account ( can be forex, index,hedge funds, options writing and so on... ) anyway avoiding to talk about scams that are 99% of this industry and suppose to have found finally a really good strategy....how it works?

Generally speaking if any trade has a 70% of probability to be a winner this DOES NOT MEAN that you have 7 trade winner and 3 loser. Can happens that you have a long sequence of losing trade. Why ?

Because we are in the world of probability and no one can domesticate it, these are the rules that control the universe!

So only a good money management and HARD RULE STOP can just try to moderate the loss in order to mantain a good balance and a moderate risk.This can avoid the collapse of the account in the very bad time and can make possible the continuation of the trading, and in this way in the long run we can have the 70% of trading winners and a sweet profit... just my 2 cents

rowdy posted:

Cholipop posted:
 Here is what I don´t understand about all the crying I have read over the last 2 pages or so. Rowdy, like most of the other bashers, simply want someone to show long enough results. The reality is your system doesn´t nor should you expect to last over the long term. Long term is a pipe - dream as so many things can happen which would destroy your account, even with the strictest money management.

 What SiamFXNET is very true. If you want a SAFE anything, then stay away from forex. Forex should be used a short term tool to gain the amount of funds you need. If you do it well enough in the short term, then you would of done well in the long term. So many simple minded traders want to see 1 to 2 years of data. Ok great, here you are https://www.myfxbook.com/members/mechie/phoenix-capital-management/444586

 Now that account had very good stats for one year, and then it crashed. Care to guess why?

That's not what siam is saying read again! He is implying he has it all with his very low DD but obviously your literacy skills are limited. I agree with fore being very risky which has nothing to do with this forum topic but then again your literacy skills limits you from understanding this.

The issue still stand at not one single person being able to show a 4-5% p.m sustainable all there is that a gambler was able to make it sometimes and most times a blown account is achieved. It seems that it is very easy to blow accounts then achieving sustainable results.

Anything else?

 It appears that your literacy skills are worse then mine. Why? Well because Gambling isn´t defind on how much you actually risk. Gamblnig is simlpy definded as TAKING ANY SORT OF RISK IN RETURN OF FUNDS or anything of value. So before you go typing your fingers away looking to insult people, you may want to stop following the crowd and think about what it is you are saying.

 If you want sustainable profits, it can be obtained in forex, but you have so many factors which can lead to a margin call which has nothing to do with the system which made the profit in the first place.

rowdy posted:
by the way I am talking about siam's posts on another sections because like most freaks here they go to all sorts of parts on forums and start bragging when they are bored and have started up a new account that is short term surviving.

 I am very happy to see that you have been able to identify yourself mate. Have a look at your own account....
https://www.myfxbook.com/members/rowdy/pa-spike/1007234

 Your dd% is almost equal to your % return... What does that say about your trading? Why don´t you type less, and open a chart, back test, and come up with a system which will proof that profits can be made in both the short and long term.

BluePanther posted:
The real question is: Why would a person want to settle for only 4% pm when they risk 100% of their account every day?

People 'think' their system is limiting risk to 1% or 2%, but in reality your entire account is at risk at all times, hence the common disclaimer by all brokers involved in forex:

'15. No Guarantees of Profit
There are no guarantees of profit or freedom from loss in Foreign Exchange Trading. Client has received no such guarantees from FinFX or from any of its representatives. Client is aware of the risks inherent in Foreign Exchange Trading and is financially able to bear such risks and withstand any losses incurred.
16. Force Majeure Event
In case of a Force Majeure Event the Client shall accept the risk of financial losses.' - www.finfx.fi

'High Risk Investment
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.' -www.dailyfx.com

If you are risking 100% of your account at all times, you might as well also aim for the sky - why limit yourself to only 4% pm?

I am not advocating nil risk management, merely drawing attention to the farce of claiming that forex can ever be 'safe'.

 Actual your statement is only true if you trade WITHOUT a sl.... A person may risk 1% of their account, but a widing of the spread of 100 or 300 pips may be enough to margin call an account if the leverage is high enough. The sad reality of trading forex is that people believe that if you risk less ( say 1%) of your account, then you run a larger chance of making profit. People risk less to keep the horrible position open for a longer time, being that the market is cylical. That form of thinking is what causes massive loses especially in a one sided market which we tend to have about once every year.

 Instead of focusing on accuracy, people focus on profit. Instead of focusing on price action, they focus on picking tops and bottoms. The topic is indeed interesting but as long as we don´t change our outlook on the market, then how could you make money in the long term?

 Not to mention people say using 1 - 3 % of your account is good money management, but once that trade goes into red, you keep adding to the losing position only increasing your expouser to the market. Especially when your first trade tends to set the bar for all the other trades that follow. In other words, if your losing trade or your floating loss is a sell of eur-usd YOU ARE MORE LIKELY to keep adding sells, as you believe the market will correct... Does the market correct? Of course it is does, but if you ignore price action, then you will never be able to get into the correction at the moment when you should.

Look at Rowdy

https://www.myfxbook.com/members/rowdy/pa-spike/1007234

  He even hides his closed trades, as it will reveal how horrible of a trader he is.... No wonder he believes that 4% can´t be obatined.... It´s because he doesn´t even believe in himself.... I am pretty sure he has trades which have had floating losses of 300 to 500 pips. Classic example of a Noob trader who believes that holding positions like that are ok because he has a small portion of his account exposed to the market. #IgnoreThatFool

I've got all info open and yeah, I'm most horrible trader, but I don't give a f**k about it unless I'm in profit :) And no one should care of that, unless they are obliged by investors to follow some rules and keep some KPI values in specific range.

I hope that one day there is regulation here in this forum, only gives evil (users speak ill of each other) are likely to be more than + 90% of the posts here explained. Speak ill of you own and grow you own. How about !! You are able !!!

1.Leverage dont means nothing, risk is taken by ur quantity of lot trade and distance of your stop loss. Leverage just limit ur maximun lots trade , in any case if u trade all the lots u can in a trade or at the same time u dont know what are u doing. Play bingo with all your money , will be the same and more fun.
2. U risk all ur account trading in forex ..FALSE..it depends as i said by distance of SL and lots trade. Some guy said that u blown ur account if a widding spread of 100 or 300 points (or pips i dont remenber what he said ) but as i repeat again if u have a SL of 5 pips, yeah u can have a big loose with a bad movement, but if ur stop loss is like 30 pips, will be a big loose but dont blow ur accoun in any case .

That advertiments of brokers are for people who dont know what they are doing.

what il like about this thread is that it is ego free,was about time😂

optimofx posted:
1.Leverage dont means nothing, risk is taken by ur quantity of lot trade and distance of your stop loss. Leverage just limit ur maximun lots trade , in any case if u trade all the lots u can in a trade or at the same time u dont know what are u doing. Play bingo with all your money , will be the same and more fun.
2. U risk all ur account trading in forex ..FALSE..it depends as i said by distance of SL and lots trade. Some guy said that u blown ur account if a widding spread of 100 or 300 points (or pips i dont remenber what he said ) but as i repeat again if u have a SL of 5 pips, yeah u can have a big loose with a bad movement, but if ur stop loss is like 30 pips, will be a big loose but dont blow ur accoun in any case .

That advertiments of brokers are for people who dont know what they are doing.

 My Word you are a horrible writer.

rowdy posted:
by the way I am talking about siam's posts on another sections because like most freaks here they go to all sorts of parts on forums and start bragging when they are bored and have started up a new account that is short term surviving.

Many traders waste years worth of time in Forex forums trying to learn something insightful. Occasionally you will read something that inspires you to look at the markets differently. which becomes life changing. The rest of the time, you are searching through comments of struggling traders that don't know where to turn to next. they are normally the ones that doubt everything that traders say or do as if their better or doing something smarter than the rest.

Since I know 'Rowdies' are everywhere, its a battle to find anything worth reading for inspiration, but occasionally you will read posts from experienced traders like @BluePanther that make you look at FX differently ( whether they are profitable or not). The experience you get from any veteran trader are always worth it.

BTW . short term surviving are normally less than 1 year 😁. Maybe one day I'll be able to filter out all comments from members that don't have a trading account under their profile of less than 1 year (loss or profitable: It doesn't matter to me!)

SiamFXNET posted:

rowdy posted:
by the way I am talking about siam's posts on another sections because like most freaks here they go to all sorts of parts on forums and start bragging when they are bored and have started up a new account that is short term surviving.

Many traders waste years worth of time in Forex forums trying to learn something insightful. Occasionally you will read something that inspires you to look at the markets differently. which becomes life changing. The rest of the time, you are searching through comments of struggling traders that don't know where to turn to next. they are normally the ones that doubt everything that traders say or do as if their better or doing something smarter than the rest.

Since I know 'Rowdies' are everywhere, its a battle to find anything worth reading for inspiration, but occasionally you will read posts from experienced traders like @BluePanther that make you look at FX differently ( whether they are profitable or not). The experience you get from any veteran trader are always worth it.

BTW . short term surviving are normally less than 1 year 😁. Maybe one day I'll be able to filter out all comments from members that don't have a trading account under their profile of less than 1 year (loss or profitable: It doesn't matter to me!)

 You have stats for more then a year, and your profits are very good, but have a look at that equity curve... Anyone who would of invested in your pamm after the year, would be in a big time red position, as your overall profit would still be in green. Your form of trading isn´t suitable for investors at all, because to have the amount of equity you have, and have a drawdown that high reveals that you are taking trades not for the best interest of your clients, but to try to explode the account in order to gain more. That is the perfect example as to why TIME should not be an under lining factor in if you invest with a pamm manager or not.

Cholipop posted:
 Look at Rowdy

https://www.myfxbook.com/members/rowdy/pa-spike/1007234

  He even hides his closed trades, as it will reveal how horrible of a trader he is.... No wonder he believes that 4% can´t be obatined.... It´s because he doesn´t even believe in himself.... I am pretty sure he has trades which have had floating losses of 300 to 500 pips. Classic example of a Noob trader who believes that holding positions like that are ok because he has a small portion of his account exposed to the market. #IgnoreThatFool

I didn't come here claiming anything or introduce anything you idiot but you did. You have tried to claim many things in the past and it was not till recently that you have realised you are a complete failure.
So look at that first brainless one.

Cholipop posted:
 Look at Rowdy

https://www.myfxbook.com/members/rowdy/pa-spike/1007234

  He even hides his closed trades, as it will reveal how horrible of a trader he is.... No wonder he believes that 4% can´t be obatined.... It´s because he doesn´t even believe in himself.... I am pretty sure he has trades which have had floating losses of 300 to 500 pips. Classic example of a Noob trader who believes that holding positions like that are ok because he has a small portion of his account exposed to the market. #IgnoreThatFool

In Fact I am one of very few that knows you cant achieve the impossible and never have claimed it and perhaps one day your brain will start to work and realise it too. By the way idiot those account are testing and some were traded by idiots like yourself who believe they can make the world of money i.e percentages and in due time they have blown their accounts. Just like you have done to your brain.

SiamFXNET posted:

rowdy posted:
by the way I am talking about siam's posts on another sections because like most freaks here they go to all sorts of parts on forums and start bragging when they are bored and have started up a new account that is short term surviving.

Many traders waste years worth of time in Forex forums trying to learn something insightful. Occasionally you will read something that inspires you to look at the markets differently. which becomes life changing. The rest of the time, you are searching through comments of struggling traders that don't know where to turn to next. they are normally the ones that doubt everything that traders say or do as if their better or doing something smarter than the rest.

Since I know "Rowdies" are everywhere, its a battle to find anything worth reading for inspiration, but occasionally you will read posts from experienced traders like @BluePanther that make you look at FX differently ( whether they are profitable or not). The experience you get from any veteran trader are always worth it.

BTW . short term surviving are normally less than 1 year 😁. Maybe one day I'll be able to filter out all comments from members that don't have a trading account under their profile of less than 1 year (loss or profitable: It doesn't matter to me!)

If I filtered two years or less worth of trading I would find no one not even you small man with big talk looking for a dream.

Doubts are due to the common person not meeting expectation similar to your life Siam hence your existence here. The thing is you give advice, the least successful persons in forex or non forex are giving everyone advice such as yourself and the other scammers on the net. The only thing bluepanteaser has achieved is loosing his entire capital followed by his mind straight after. So to learn how not to lose everything in fore and in life would be not do what the panther does and what you do.
The only ones that will listen to you and the rubbish you present are your kind i.e common losers.

i can help u just add me skype for steady income.

my id is : globalknitsourcing