Im an investor. How to find a consistent traders?

sizhouren posted:
Guys what do you think?

You can't stick to a single strategy all your life. A trading strategy must adapt/change according to the market or volatility of the symbol, not all strategies perform the same on all symbols. ex: If you're a scalper you're definitely a loser if your style is 1:1

https://www.rvdmarkets.com/en/trust_management/106203-statistics/ea-thanks-god-in-the-name-of-god
https://www.myfxbook.com/members/aghigh/ea-thanks-god/1237348

your best would be 1.1 specially if your account is with FXCM

if you are sure 70% with RR 1:1 then why not you go for it?
RR 1:3 is one method to cover a low winning rate so it still profit in the end
every one have a different approach

The reason on why i am not going for the 1 to 1 return is because i have actually manually tested the systems and found out that it's more profitable with 1:3 risk reward system managed with price action retracement and hedging. What i found out is that most of the time, some trades that could have took profit at 1:1 might possibly run into risk reward of 1:2 or even greater. When the trades gets to 1:1 risk reward, i will manage it with price action which means i could closed it with little profit or slight loss instead of full SL.

But when the trades do run, with a trade risk of 3 percent and 2 trades a day. It means that i can get 18 percent on one day which i have before several times.

What do you think mate? I have gained more than 40 percent last month. This month, i am currently at 12 percent drawdown due to a mistake i made last week with my consolidation lines. I missed out on 2 potential 18 percent gains.

Guys do you believe that there are traders who makes 100 percent every month or every 2 weeks use a 95 percent win rate. He has a huge pamm. I have heard this from a friend. I never believed in such holy method before.

one of our best performance system so far

first day 164% gain draw down 5%

alexforex007 posted:
Account statments on hand is what you need to see, thats what really talks, nothing else matters.

that's great comment alex 😎

here i am

XLx32 posted:
one of our best performance system so far

first day 164% gain draw down 5%

Well, it can be a DEMO account or a 'REAL' account run by a scam broker.

So without a link showing a VERIFIED account running at a mainstream (reputable) broker, nobody will take your results seriously, especially because there are just too many scams promoted on MyFxBook.

Paracelsus66 posted:

XLx32 posted:
one of our best performance system so far

first day 164% gain draw down 5%

Well, it can be a DEMO account or a 'REAL' account run by a scam broker.

So without a link showing a VERIFIED account running at a mainstream (reputable) broker, nobody will take your results seriously, especially because there are just too many scams promoted on MyFxBook.

First check my system its already verified
XLX-SEVEN7

The only way to test a system is to run it for at least 10 months and see how it goes... That allows to trader fill the gaps and make the necessary adjustments in the code if he uses the expert advisor.

My strategy run with demo account.

nazu posted:
My strategy run with demo account.

LOL no one care about a strategy that run on demo account, so comme back with a real account.

Has anybody heard, that a broker give funds to one of their retail-client (traders)? I mean like for example: FXCM sees that one of their clients 'Trader Joe' is very profitable and they decide to invest in his performance.
Is there such a thing? Just curious, although I have never heard about it. But why not actually?

Of course you are right. But i think the usage of demo account is to test run stratys. i will qoute this back after a year later or earlier depend on DD of the EA.
LOL no one care about a strategy that run on demo account, so comme back with a real account.

avoblikov posted:
Has anybody heard, that a broker give funds to one of their retail-client (traders)? I mean like for example: FXCM sees that one of their clients 'Trader Joe' is very profitable and they decide to invest in his performance.
Is there such a thing? Just curious, although I have never heard about it. But why not actually?

No.. This never happens. What brokers do is that they silently copy trades of their top profitable traders 'without them knowing' and they make millions on their backs.