Professional4X's Posts - Page 4

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders Nov 27, 2019 at 08:42

And NO. It isn't possible to make 5% to 10% every month. There are numerous events that can take place which would easily prevent it.Black Swan... etc etc etc

Aletheia in Trading Systems Nov 25, 2019 at 23:19

Hello, I took a look at your public trading history, it look pretty good, a little concerning because you're using a mixed basket of trades consisting of FX Pairs, Metals, and SP500.The account would proabably not be appropriate for a a US Based trader due to restrictions imposed via regulation for US retail markets for things such as Metal pairs and a possible issue with FIFO. But not really an issue if it's not a US based account.Overall though, the profitability looks pretty good and generally shows a good use of risk management.It's hard to tell for sure about the risk manageme...

ControlFX_R_Aggressive_OLD in Trading Systems Nov 25, 2019 at 22:57

1) You aren't using effective risk management. This is easily verifiable by reviewing your public stats.https://www.myfxbook.com/files/Professional4X/DDRisk.jpgBy allowing your account to generate a 51% DD, is the same thing as having a 51% LOSS on the account at the time the trades were in the basket. This could have just as easily BLOWN the account.2) Hiding the trading history has NOTHING to do with your customer information. It simply HIDES the fact that you're using a high risk trading system without effective risk management.3) In 30+ years of Quant + Technical experience I can ...

Hot - 01 in Trading Systems Nov 25, 2019 at 22:43

Please open the trade history. There are two days of trading on this account.Thank you.

Forex Glide Real in Trading Systems Nov 25, 2019 at 22:41

Hi, can you please open the trade history, it's hard to provide effective analysis without it.Overall the profits look good, but the DD is a little high, although it's still under 40% DD so it's also not "horrible".Good profits though. Good job. Keep it up.

Show your profitable account here. in General Nov 25, 2019 at 22:39

From a quick look, the profits look good, the DD% is a little high, but I suspect that's from the lotsize calculations you are using.It's still under 40% DD so it's not "horrible", Overall a decent profit.Can you please open your trade history so we can analyze it, and perhaps give additional feed back on it? Thanks.

How you find Reliable Forex Experts? in General Nov 25, 2019 at 22:35

Focus on risk management. That's the difference between profits and having a blown account.

How you find Reliable Forex Experts? in General Nov 25, 2019 at 22:31

EXACTLY RIGHT! :)Focus on risk management as the #1 priority, build tools optimized to assist with the management, and over time build those tools up to create an automated trading system.Risk ManagementMoney ManagementAutomate where reasonable and realistic to do soHigh probability market entry pointsReasonable and realistic stoploss targetsReasonable and realistic takeprofit targetsOne thing to consider is this, rather than trying to build a fully autonomous system immediately. I've found in my own experience that building the individual items of highest priority would be more beneficial...

Midaz Deo in Trading Systems Nov 25, 2019 at 22:09

The trader presented them as being from the account with 98% profits.I present only the facts.The report is simply not from the same account.This account on this stats page does not have 98% profits.That is all. Nothing more.High risk little to no money management, hidden history and users that present the account as being something it is not.This entire issue could be easily resolve by providing the read only investor account information so we can publicly verify the trading results. There is nothing to fear from providing this information, and it would only serve to benefit the investor beca...

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders Nov 25, 2019 at 21:59

It is impossible to GUARANTEE 5% to 10% every month in perpetuity.

Midaz Deo in Trading Systems Nov 25, 2019 at 08:43

The account report you presented is absolutely NOT from this account.https://www.myfxbook.com/members/PT1319/midaz-deo/3191722Here is absolute proof.https://www.myfxbook.com/files/Professional4X/lying_Fu.jpgThe report you say is from this account clearly it is from a different account.https://www.myfxbook.com/files/antylossgrid/my_account.pngThe stats are vastly different and cannot be from the same account.Be honest.

Midaz Deo in Trading Systems Nov 24, 2019 at 21:07

It would be really easy to prove me absolutely wrong.Provide the read only investors account information so we can publicly validate it.There is no risk to your account by providing this information unless of course you know you are being dishonest.Refusing to provide it, supports the fact that you are dishonest and your account isn't what you are making it out to be.You say 98% profits? Look at your stats page. Basic math doesn't lie.So are you going to provide it for public validation?

Frero in Trading Systems Nov 24, 2019 at 20:59

I post ONLY the truth with factual supporting evidence.You don't have to like it, but it's the truth.This is a HIGH RISK account with LITTLE to NO RISK MANAGEMENT.

Frero in Trading Systems Nov 24, 2019 at 20:58

It's a public discussion and as such anyone can join.The reality is that this is a HIGH RISK system with no RISK MANAGEMENT and is going to cause people to lose money.Greater than 50% DD is unacceptable.If you don't like what I have to say, then don't participate.Otherwise, have a nice day.

Midaz Deo in Trading Systems Nov 24, 2019 at 20:51

Strategy tester reports mean NOTHING, anyone can generate a report like that.The real stats on on the stats page and reveal the truth about the account.

How you find Reliable Forex Experts? in General Nov 24, 2019 at 06:05

It was a hypothetical scenario. I was pretty clear about.The general discussion was in regard to someone trying to buy a system that so they could make moneyOf course I don't actually think you could suddenly pull that much into a single trading account at those levels.That wasn't really the point to it. My point was "IF" someone owned a system that was that powerful enough to make themselves wealthy, they certainly wouldn't tell anyone about it, and there is no amount of money that anyone could use to entice the programmer to sell it to them. They would have absolutely ...

How you find Reliable Forex Experts? in General Nov 23, 2019 at 23:26

It was a hypothetical scenario to make a point. I was pretty clear about that.They will keep it to themselves, and not tell people about it nor would it ever be offered for sale to the general public.Also, if a person is smart enough to build this kind of system, they're also smart enough to know NOT to try and extract out $636,049,369,276,725.00 of the markets into a single trading account. They would run it intermittently so as not to attract too much attention to themselves. There is simply no amount of money you could offer, that would be enough to entice that person to sell it to yo...

XtremeScalping in Trading Systems Nov 23, 2019 at 00:07

In case anyone is wondering, I analyzed the other trading account currently listed.https://www.myfxbook.com/community/trading-systems/elitescalper42/1803980,1It's a similar (same?) system, medium to higher risk, but they are making a solid profit.See the discussion on that page.I asked to see the history and they made it public, and they acknowledge it's a high risk system and they've blown accounts with it, such as the one on this page. (This isn't an attack, I'm just pointing out it's a blown account. Nothing more.)Showing mistakes is just as important as showing the...

Midaz Deo in Trading Systems Nov 22, 2019 at 09:44

It's a fact the system doesn't have a 98% profit ratio. I don't have to do anything to prove my point, it's a fact and it's right there on your stats page.https://www.myfxbook.com/files/Professional4X/losspercentage.jpgLongs Won: (193/248) 77%Shorts Won: (211/302) 69%Using the basic math formula of: ( 77 + 69 ) / 2 = 73% average profit ratioBasic math doesn't lie, and you shouldn't either.

EliteScalper4.2 in Trading Systems Nov 22, 2019 at 02:48

Thank you for opening the general trade history. Transparency goes a long way to show honestly and integrity in the investment world.You clearly understand this, and I just wish more people did as well.Now... This is all just my own personal opinion, but I took a look at the trading history on your account and it looks pretty good actually.The Risk:Reward ratio is pretty good on most of trades.The DD is a little high, but it's still under 50% which is fine actually given the method of trade you are using.The risk management could be better (smaller lots would help, but perhaps not feasible...

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Posts by Professional4X