NextLevelForex's profile
NextLevelForex

Name:
Remus Miclea
Bio:
Traded stocks, options, indices, futures, forex, at first discretionary (2002); then changed to mechanical trading (2004). Being a software developer by passion and profession, I started coding strategies, and changed my trading style to automated (2009) and semi-automated (2011).
Trading Style:
Semi-automated
Motto:
"He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford"
Experience: More than 5 years
Location:
Vouchers: 4
Registered: Apr 25 2011 at 02:20
Blocked Users: 0
Chart
Systems
Name Gain Drawdown Pips Trading Leverage Type
01A - S 23.91% 10.94% 1367.3 Automated 1:50 Real
02A - A 6.69% 6.08% 195.9 Automated 1:50 Real
03A - G 74.71% 19.43% 2631.3 Automated 1:50 Real
04A - T -10.97% 13.08% -823.7 Automated 1:50 Real
16 - SH client FxPrimus -34.59% 54.40% -545492.3 Manual 1:500 Real
17 - WB client PepperS -15.43% 22.24% -321.0 Manual 1:400 Real
23 - PF client FxPrimus 14.57% 37.80% 1227.2 Manual 1:500 Real
24 - WB client PeppeR -19.50% 22.90% 82.5 Manual 1:400 Real
Armada Exchange test 116.00% 11.65% 235.6 - - Real
Armada Exchange tst2 125.27% 11.65% 257.7 - - Real
36 - ILQ.C - myfxpedia -72.33% 75.20% -12316.8 - 1:50 Real
VTI FX workshop 15.48% 4.30% 1268.5 - 1:400 Demo
NextLevelForex's Feed
NextLevelForex
NextLevelForex
Having seen Fast Forex Millions fail on so many levels, I cleaned up my profile today, and removed all its demo accounts and backtests.
Jul 25 2012 at 19:52
SiriTrades
SiriTrades Do you have any ideas for why it's performance has been so different from any of your backtest?
Oct 05 2012 at 13:46
NextLevelForex
NextLevelForex That kind of discrepancy is almost always the result of over-optimization (a.k.a. curve-fitting). Of course the market can also have changed enough to no longer have any resemblance with the past, but given that all other systems I tested did much better than FFM, I vote with curve-fitting.
Oct 05 2012 at 14:44
NextLevelForex
NextLevelForex
I just started a thread for the testing I did and will do with Fast Forex Millions:
http://www.myfxbook.com/community/general/fast-forex-millions-back-forward/243865,1
Jan 21 2012 at 09:42
Consumer Confidence Adj (1 day)
Capitol Report: SEC examination of quart...(1h 8min ago)
EURUSD 1.12199 GBPUSD 1.25049
USDJPY 107.738 USDCAD 1.30576

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©2019 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.