SimplyTheBest FxPro

The user has made his system private.

SimplyTheBest FxPro Omówić

Nov 14, 2016 at 08:14
Przeglądane 2,589
97 Replies
Uczestnik z Feb 22, 2011   4862 postów
Mar 09, 2017 at 16:18
Made about 0.5% profit today buying EUR
now it should be time to make profit selling it.
Uczestnik z Jul 25, 2016   237 postów
Mar 10, 2017 at 08:04
togr posted:
@jdsjioj
You are not writing about facts
You write about feelings

Fact is system is running long enough to prove its consistency. Your feeling is it should run for a year :)
Fact is it trades about 0.5 lot a day on 5000 account which is pretty fine. Your feeling is it trades too much.
etc...

So my point is that your feelings are not important especially when your feelings are not supported by any account of yours.

 Tgor you are one of the worst traders of all time. You have blown more accounts than the amount of pips you have gained within this account. Clearly that is the reason why this thread has such a low rating! You are happy about .5% profit when your avg drawdown in pips for your wins is way higher than your avg drawdown in pips of your losses. What does that mean? It means you don't have an actual system because if you did, then you would have consistent wins and losses, but clearly you don't.
Uczestnik z Jul 25, 2016   237 postów
Mar 10, 2017 at 08:05
Oh also. You are manipulating the amount of 'pips' profit because you are opening several orders at the same time. So instead of opening an EU buy for .1 lot at xyz price. You open 10 orders of .01 so if you gain 10 pips, it will look like 100 instead of the actual 10. lol That is how scammers work. lol Always trying to trick people into believing that what they have is good, when clearly the stats show otherwise. Not to mention. Why is it that your drawdown is 14% when none of your wins are even close that. ? What does that mean? It means that you are not entering your trades with a 1:1 R:R Classic example of your picking random spots and not trading with an actual plan!
Uczestnik z Feb 22, 2011   4862 postów
Mar 10, 2017 at 08:32
@GJscalper
I know you are trying to get revenge because I reveal your system is fake.
However I posted facts about your system.
You did post garbage
Uczestnik z Feb 22, 2011   4862 postów
Mar 10, 2017 at 08:43
togr posted:
@GJscalper
I know you are trying to get revenge because I reveal your system is fake.
However I posted facts about your system.
You did post garbage

Specifically
I warn public that your account is too fresh to be evaluated and now that account of yours @GJscalper is deleted.
https://www.myfxbook.com/community/trading-systems/tickmill/1263270,2#?pt=2&p=1&ts=19&o=1263270

Uczestnik z Feb 22, 2011   4862 postów
Mar 16, 2017 at 07:00
The DD is at 15% now.
I should have switch it off for FOMC. Lesson taken.
I suppose EU will go down soon or later as always after rapid growth.
Uczestnik z Feb 22, 2011   4862 postów
Mar 16, 2017 at 07:59
Need to avoid events like this
The Dollar index, a basket of currencies that measures Dollar’s strength versus other majors, suffered its biggest one-day loss since January 17th after the FED rate decision and economic projections were released last night. As widely expected, the FED raised rates by 0.25%, but, in its economic projections, indicated a cautious optimism and the intention to wait and see before committing to more rate hikes in 2017 and 2018. This caught Dollar buyers by surprise, as they were hoping for a continuation of the rate hike cycle.
EURUSD got an added bonus yesterday as the results from the Dutch election indicate that anti-immigration Freedom party led by Geert Wilders won fewer seats than analysts indicated (or feared). This means that far right/euro skeptics were defeated in their first test of 2017 in the Euro area, raising confidence in the unity of the EU. EURUSD traded as high as 1.0745 from 1.0610 lows yesterday having climbed 1.2 % overnight in its steepest rise since June.
Uczestnik z Sep 29, 2013   24 postów
Mar 17, 2017 at 08:16
Looks like the posters on here were right. One move against you and the DD goes over 20%. That is the problem with systems like this. If you run them long enough, they will blow up at some point. This is not even a large move, what will happen when you are against the trend and the price moves 800-1000 pips?

It is a bad and unsustainable system, just like the rest of them.
Uczestnik z Feb 22, 2011   4862 postów
Mar 17, 2017 at 09:14 (edytowane Mar 17, 2017 at 09:14)
VSSOO posted:
Looks like the posters on here were right. One move against you and the DD goes over 20%. That is the problem with systems like this. If you run them long enough, they will blow up at some point. This is not even a large move, what will happen when you are against the trend and the price moves 800-1000 pips?

It is a bad and unsustainable system, just like the rest of them.

Yes system got into trouble.
It is not bad system as it is working well. It did technical analyses as it should.
My problem is I did not switch it off for FOMC. Today's market are driven by false expectations FED will make 4 rate hikes (while it will make 3 only)
In any way there is equity protection at 25%. So the worst scenario is loss of 25% while it makes already 43%.
So it will even in worst case make more profit than your own system. Do I go to your page to write you have bad system? NO.
Moreover when I improve the fundamentals and do not let it run during such periods it will easily make nice profit again.
Uczestnik z Sep 29, 2013   24 postów
Mar 17, 2017 at 11:53
You are selling your system and when it faces a large DD, you are making excuses. You said you were testing the system for a year and it was fine... If that was true, this would not happen. There were events last year which affected the price much more and if you were really testing it, you would switch the EA off this week. And even that is not true, you started selling a few days before FOMC rate change but you didnt want to close the positions in minus during the event. So it was not just wrong expectation, you were trying to keep your equity line nice and steady.

'In any way there is equity protection at 25%. So the worst scenario is loss of 25% while it makes already 43%.
So it will even in worst case make more profit than your own system.'
Even without this loss and DD your Calmar ratio is way worse than mine so the point you are trying to make is stupid. So if you loose 25%, you will have 18% profit in 4 months on 25% DD. You think that is a good result?? My system will make 10% in the same period on 3.5% max DD. So if I would raise the risk by 2x, the profit would be 20% on 7% DD. Thats almost 4 times better than your results. But the difference between you and I is that I am not lying I was testing my system for 1 year and I am not selling it.

Like I said, the main problem with your system is that when it is wrong, there is a potential of losing large and this is happening now. There is no need for you to write why it happened, the reality is that its a bad system and its not the first or the last of that kind. Someone also mentioned that you started it a days after the US election which is very suspicious. I am guessing you were running it before that and blew the account on that event so you started over the day after. People were asking you to prove your 1 year test and so far you didnt provide anything which just shows you are a liar and thats why nobody should trust you.

I really hope people are not stupid enough to trust you.
Uczestnik z Feb 22, 2011   4862 postów
Mar 17, 2017 at 13:45
VSSOO posted:
You are selling your system and when it faces a large DD, you are making excuses. You said you were testing the system for a year and it was fine... If that was true, this would not happen. There were events last year which affected the price much more and if you were really testing it, you would switch the EA off this week. And even that is not true, you started selling a few days before FOMC rate change but you didnt want to close the positions in minus during the event. So it was not just wrong expectation, you were trying to keep your equity line nice and steady.

'In any way there is equity protection at 25%. So the worst scenario is loss of 25% while it makes already 43%.
So it will even in worst case make more profit than your own system.'
Even without this loss and DD your Calmar ratio is way worse than mine so the point you are trying to make is stupid. So if you loose 25%, you will have 18% profit in 4 months on 25% DD. You think that is a good result?? My system will make 10% in the same period on 3.5% max DD. So if I would raise the risk by 2x, the profit would be 20% on 7% DD. Thats almost 4 times better than your results. But the difference between you and I is that I am not lying I was testing my system for 1 year and I am not selling it.

Like I said, the main problem with your system is that when it is wrong, there is a potential of losing large and this is happening now. There is no need for you to write why it happened, the reality is that its a bad system and its not the first or the last of that kind. Someone also mentioned that you started it a days after the US election which is very suspicious. I am guessing you were running it before that and blew the account on that event so you started over the day after. People were asking you to prove your 1 year test and so far you didnt provide anything which just shows you are a liar and thats why nobody should trust you.

I really hope people are not stupid enough to trust you.

I dont sell the system.
I do connect followers to the system.
I do always say what is maximum acceptable DD.
Uczestnik z Feb 22, 2011   4862 postów
Mar 17, 2017 at 13:48
@VSSOO

I will recover possible loss by trading more carefully
While you have already wiped the account I mentioned here
Your wiped account

https://www.myfxbook.com/members/VSSOO/smart-medium-risk/1872159

Member Since Feb 22, 2011 2767 postsvontogr (togr) Nov 25 2016 at 12:47
VSSOO posted:
There was a problem with account verification so we deleted the accounts and connected them again. It should be ok now. Here are the links:

https://www.myfxbook.com/members/VSSOO/smart-medium-risk/1872159

https://www.myfxbook.com/members/VSSOO/smart-low-risk/1872162

+ it is verified
+ it is profitable

- it is like month fresh
- it has not been updated for a long time
Uczestnik z Feb 22, 2011   4862 postów
Mar 21, 2017 at 08:10
Unfortunately the equity protection of 25% was hit.
System remains profitable but it needs to be off for major news to prevent this.
Uczestnik z Feb 22, 2011   4862 postów
Mar 29, 2017 at 12:02
Right now all trades are closed with decent profit.
STB is profitable this year even though the profit is small.
But is is only March...
Uczestnik z Feb 22, 2011   4862 postów
Apr 05, 2017 at 12:23
Today's market is nervous, coming up and down,
preparing for FOMC minutes later today.
To stay on the safe side I closed all trades at breakeven and switch system off for now.
Uczestnik z Feb 22, 2011   4862 postów
May 03, 2017 at 06:43
french election is approaching.
To stay on the safe side I closed all trades at breakeven and switch system off for now.
Uczestnik z Feb 22, 2011   4862 postów
Jun 06, 2017 at 06:58
DD is high and close to equity protection.
Still there is US rate hike near by which was IMHO not priced by market yet
I would not like this system to be another hope and pray strategy so I am working on improved version.
Uczestnik z Feb 22, 2011   4862 postów
Jun 07, 2017 at 06:47
So equity protection was hit. I was tempted to move it to 1.13 but I did not.
This account will be closed. Still made some profit $467.01
I will open new account with optimized EA.
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