=== EA BEST 2012 === Managed account (Setiawan) (By scalpingmaniac)
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=== EA BEST 2012 === Managed account (Setiawan) Discussion
Member Since Mar 12, 2012
35 posts
Member Since Mar 12, 2012
35 posts
Member Since Mar 12, 2012
35 posts
Member Since Mar 12, 2012
35 posts
Member Since Mar 12, 2012
35 posts

forex_trader_32776
Member Since Mar 28, 2011
942 posts
Nov 14, 2012 at 18:07
(edited Nov 14, 2012 at 18:09)
Member Since Mar 28, 2011
942 posts
scalpingmaniac posted:
make withdrawals $1500 today😄
1500 cents
Don't be fooled people. this is a cent account with $22 bucks using martingale Grid System - just google " ilan1.4"
http://www.myfxbook.com/community/general/free-grid-martingale-ea/413389,1
Member Since Mar 12, 2012
35 posts
Nov 15, 2012 at 00:59
Member Since Mar 12, 2012
35 posts
ForexScam posted:scalpingmaniac posted:
make withdrawals $1500 today😄
1500 cents
Don't be fooled people. this is a cent account with $22 bucks using martingale Grid System - just google " ilan1.4"
http://www.myfxbook.com/community/general/free-grid-martingale-ea/413389,1
You say "we fool people" but there has never been proof from you, you may say "scam" if you can provide proof, you are like a loser who dared say scam but never no evidence that you provide.
I see many posts from you hated by many people because you can easily accuse people without proof. you type your name as "forexscam" but in reality your are your self a scam and scammer
If you say scam, I am not afraid , my trade doing properly with proof, provide benefits and make other people happy, that's all
Happy Trading @ll😄
Scalping Forever ! Profit Forever !
Nov 15, 2012 at 05:54
(edited Nov 15, 2012 at 05:55)
Member Since Oct 08, 2010
18 posts
The equity graph looks nice but there are signs of warning. To name a few: no stoploss of any kind (not a single basket lost in 3 months) resulting 75.74% drawdown is really scary. Checking the simultaneously closed trades reveals that there were "big" baskets with unsafe trades. When the usual trade makes 0.03% profit for the account then a single trade that makes 3.55% means huge risk!
As said before: this is a martingale system. This shouldn't mean wrong in all cases but this one is just a timebomb. I do not say "scam" I just say that be aware and know what You put Your money in. This time: big money = big risk.
As said before: this is a martingale system. This shouldn't mean wrong in all cases but this one is just a timebomb. I do not say "scam" I just say that be aware and know what You put Your money in. This time: big money = big risk.
Make money work for You
Member Since Mar 12, 2012
35 posts
Nov 15, 2012 at 11:14
(edited Nov 15, 2012 at 11:15)
Member Since Mar 12, 2012
35 posts
venox250 posted:
The equity graph looks nice but there are signs of warning. To name a few: no stoploss of any kind (not a single basket lost in 3 months) resulting 75.74% drawdown is really scary. Checking the simultaneously closed trades reveals that there were "big" baskets with unsafe trades. When the usual trade makes 0.03% profit for the account then a single trade that makes 3.55% means huge risk!
As said before: this is a martingale system. This shouldn't mean wrong in all cases but this one is just a timebomb. I do not say "scam" I just say that be aware and know what You put Your money in. This time: big money = big risk.
Thank you for your suggestion.
We think you misjudge about EA BEST.
3 months ago, EA BEST ever experienced a big drawdown, but we do update on EA BEST, until finally has a lower drawdown from month to month, even in this november , EA BEST experienced drawdown below 20%, all ea definitely need update, there is no one in this world can create EA with perfect 100%, definitely needs improvement so that next month can get low risk and consistent profit.
You say NO STOP LOSS is danger, time bomb..etc
Not all EA did not use SL is danger, you should know, EA BEST using martiangle system, certainly not using SL, if you using SL is meaning not an martiangle system.
If you understand how to use martiangle system, it is safe, but if you do not understand how to using martiangle system, will be very dangerous for your fund.😄
Scalping Forever ! Profit Forever !
Nov 15, 2012 at 11:36
Member Since Oct 08, 2010
18 posts
scalpingmaniac posted:
If you understand how to use martiangle system, it is safe, but if you do not understand how to using martiangle system, will be very dangerous for your fund.😄
My funds? Yes, this is very dangerous for my funds. You are *playing* with other people's funds who might not be aware of it. They just see a straight equity curve and think they're all good. Until that 75% DD reaches margin call level and they are left with nothing.
You seem to know all the things about martingale systems yet You still seem to ignore them :)
No stop loss (I'm not talking about non-existing fixed SL level) *is* dangerous since You (or the EA) are not acknowledging a bad trade and are *hoping* that things will change. This is dangerous. Straight equity curves are always kind of weird/risky/odd strategies. "Bumpy" curves with a general upwards trend are much better.
I hope You change the behaviour of the strategy before it crashes with investor's money.
Make money work for You
Member Since Mar 12, 2012
35 posts
Nov 15, 2012 at 11:50
Member Since Mar 12, 2012
35 posts
venox250 posted:scalpingmaniac posted:
If you understand how to use martiangle system, it is safe, but if you do not understand how to using martiangle system, will be very dangerous for your fund.😄
My funds? Yes, this is very dangerous for my funds. You are *playing* with other people's funds who might not be aware of it. They just see a straight equity curve and think they're all good. Until that 75% DD reaches margin call level and they are left with nothing.
You seem to know all the things about martingale systems yet You still seem to ignore them :)
No stop loss (I'm not talking about non-existing fixed SL level) *is* dangerous since You (or the EA) are not acknowledging a bad trade and are *hoping* that things will change. This is dangerous. Straight equity curves are always kind of weird/risky/odd strategies. "Bumpy" curves with a general upwards trend are much better.
I hope You change the behaviour of the strategy before it crashes with investor's money.
Please read again the comment from my previous reply, that we have made improvements on EA BEST to have a low risk and low drawadown, even in this november experienced drwadown below 20%, so please you don't say continued drawdown of experience in the past, all there must be a change for the better and the risks are low, that's what we did.
and proven drawdown in October fell below 45% and in november it will be lower than 20%
Thanks friend😄
Scalping Forever ! Profit Forever !
Nov 23, 2012 at 21:46
Member Since Oct 08, 2010
18 posts
scalpingmaniac posted:
[...] in november it will be lower than 20%
You are at 23% drawdown right now. Stop loss doesn't seem to work? Ah, I see: there is no stop loss :)
Look, I understand that You constantly try to improve Your system but You will never be able to foresee the exact future. All systems need some kind of equity protection (besides broker's stop out level). This system does have one called hope. Unfortunately in current market hope works pretty bad.
Please, add equity protection logic to the system and it will be surely a nice one.
Make money work for You

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