moneybotfx's Posts - Page 3

starscream in Trading Systems Jul 07, 2011 at 20:02

All martingale soon or later end like this..http://www.myfxbook.com/community/trading-systems/lovely-megan/10536,1Huge DD and un-easy sleep..What a nightmare is to loose all profits and capital into account after a year of trading...!!!

autobots in Trading Systems Jul 07, 2011 at 19:58

All martingale soon or later end like this..http://www.myfxbook.com/community/trading-systems/lovely-megan/10536,1I hope you ll find an Arab prince with oil $ to invest for fun, because no other serious investor will ever consider such a high risk game..

SolidEA in Trading Systems Jul 07, 2011 at 19:45

Just see the drop from top to bottom of the graph...Learn more about criteria for selecting and evaluate systems either manual or automatic..Please check my post at:http://www.myfxbook.com/community/general/fx-manager-listing-board/37060,10#?pt=2&p=11&o=37060

SWING EUR/JPY in Trading Systems Jul 07, 2011 at 18:59

I can't believe that after a non profit period you let the equity in profit go unrealized...Redefine you exit strategy!

PAMM (Managed Accounts) running for +1yr in Trading Systems Jul 07, 2011 at 18:46

You are really straggling for more than 6 months to make any profit...Not good!!You keep positions and equity open DD too long at the same time...Not good!You have a negative number of pips generated after so many months...Not good!You hide history (and capital) in a managed service account! Not good!......You must redefine your strategy and efforts I am afraid..

SolidEA in Trading Systems Jul 07, 2011 at 18:31

Account update stopped...How silly and dangerous is that some people with unsound strategies and scalpers that made a thousand pips over many months want to manage money...You people forget systems with many months and negative or a few low hundred pips per month..Too risky .. a drop of 500 pips somehow will ruin your account...

Blessing 3 Free EA in Trading Systems Jul 07, 2011 at 17:10

Although 2 big open DD happened, performance is interesting with this low volatility pair. All other pairs seem fundamentally a suicide to attempt averaging or unsound strategies. With serious money this has to seriously decrease monthly performance and risk.eaAlso don't forget that there is not great liquidity on those pairs and sudden market gaps once a year can eat profits or destroy account..Dangerous to trade without hard SL unless there is great hedging strategy..But even then, a hard SL of even 700 pips will give peace of mind...See other strategies for serious investors..

Triple Hedge Expert Advisor in Trading Systems Jul 07, 2011 at 16:23

It is an extremely dangerous strategy with unacceptable open DD..The difference between top and equity bottom is >50%..Although better than other systems of this user, still is not very clear on why a real account even with half risk is not showing for this system...Better look for my systems or something safer and better..

Low Risk Robot in Trading Systems Jul 07, 2011 at 16:14

It is an extremely dangerous strategy with unacceptable open DD..Open and hope until returns..on so many pairs..No senseBetter look for my systems or something safer and better..

Portfolio EA Real Account in Trading Systems Jul 07, 2011 at 16:14

It is an extremely dangerous strategy with unacceptable open DD..Open and hope until returns..on so many pairs..No senseBetter look for my systems or something safer and better..

Master Trading Account in Trading Systems Jul 07, 2011 at 15:53

The only 'Edge' here is the UNACCEPTABLE martingale risk..A more than 50% DD in one month after the tricky row of succesfull months..Still better than loosing account...This is the martingale risk..You can loose account even after years of success...After many months there are negative pips, means not any market advantage here...Wake up from illusion..Still to see a nice martingale with superior money management and real trading system advantage...

Poison Ivy in Trading Systems Jul 03, 2011 at 23:49

All martingale soon or later end like this..http://www.myfxbook.com/community/trading-systems/lovely-megan/10536,1I hope you ll find an Arab prince with oil $ to invest for fun, because no other serious investor will ever consider such a high risk game..

Happy Forex v1.2 - 1000 USD in Trading Systems Jul 03, 2011 at 23:24

This system looks good at a first glance with a perfect curve and fantastic DD levels and a superior equity curve..So where is the catch? Is this the perfect system? There must be something bad with it, a condition where unacceptable risk is the one and only danger...Almost everybody knows that martingale can blow your account even after one year of good performance... eg. The old martingale EA Cyborg twisted.. http://www.myfxbook.com/members/bestforexea/lovely-megan/10132Happy Forex is not martingale. It is not a hedging EA either as author claims (How could this be with a win 75% rate? ) I ...

FGT-Real01 in Trading Systems Jul 03, 2011 at 19:10

Kiss money on account good bye...History has shown that a rapid correction on metals will come, just to eat the profits of small investors... Then the upside path can continue...This is the danger for "sure" systems like this... Only accounts happy with less than half of profits (and risks) shown here have a potential to survive the correction when it comes, either now or in a few months or years time...

**NEW** HOLY GRAIL!!! in Experienced Traders Jul 02, 2011 at 11:59

I seriously doubt that you have any 'grail' at all...Leave 'Holy' for the supernatural..Now land to the world of fx , the most difficult market in the world, where bank traders loose their careers frequently..Backtest is an indicator of very possible performance once they don't go for a few scalping pips, take into account the spread costs, have reliable data and solid strategy principle that takes advantage universal market dynamics as pinpointed on chart from human behaviour in trading. Same applies for demo accounts where performance will certainly be a 10% to 20% above ...

Looking for Good Forex Traders To Trade My Capital in Experienced Traders Jul 02, 2011 at 11:32

Most people, (either wannabe traders or managers - investors) don't realize that systems posed here showing performance of eg 100% with few hundred positive pips are due for deep draw down and margin call, as they are over-leveraged for their lot size or are systematic scalpers that their profitability or advantage will rapidly diminished when followers & larger capital (plus spread widening) enters the market.Please take a closer look at some established criteria for the real traders and automatic systems, where you must sort out 99% of the offers.. Look for my post here. http://www.m...

FXOpen - USD in Trading Systems Jul 01, 2011 at 22:09

Mmm, close to margin call as I have foretold ...who listens..You have been warned that all your efforts are in vain..You will learn the hard way..

Upcoming Contest Q&A in General Jun 28, 2011 at 14:10

A personal details - privacy question remains unanswered too!2. From the contest rules:'To be eligible for participation, traders must be willing to let their name, and trading record for the time period of the contest be published and/or distributed by FXCM, its agents'Has this name be the real one or can be the myfxbook user name?If it is the real one, can this remain not associated with user name in public view?What will be displayed during contest results? Real name or Myfxbook user name?How the winner can hold permanent the separation between user name and real name even if he win...

Looking for managers - large accounts in Experienced Traders Jun 21, 2011 at 14:15

speki, as a frequent poster, your intention was kind but best fit into a thread for newbies... Paulo404 had only 1 post in total before attempt this.!!!You should have explained him in the very first moment that we are not interested in theoretical tests and we all posters here appreciate forward live and verified myfxbook statements. You should have seen that he states no experience at all, no public performance and tries to post to the most advanced thread where investors evaluate performances. So I insist that you defeated the forum functionality as per thread title and context.I am happy y...

Looking for managers - large accounts in Experienced Traders Jun 21, 2011 at 10:40

Paul, yes action when you can't even provide a working link nor a public view of any account in myfxbook...Why do you bother and dare to post here with nothing more than thin air...Not very nice action...speki, attach a statement of an account? You mean a statement not verified by myfxbook? And supposedly you willing to give money...I think you are not serious too, you demonstrate nothing but silly naiveness and you defeat the purpose of myfxbook functionality, and probably your purpose of posting is different here..Are you a scammer supporter or think you have to do with silly kids. Do y...

All Quotes
AUDUSD	0.64988	USDCHF	0.91364
EURJPY	166.579	EURCHF	0.97849
EURGBP	0.85788	GBPJPY	194.152
EURUSD	1.07096	GBPUSD	1.24828
USDJPY	155.529	USDCAD	1.37074

EURUSD	1.07096	GBPUSD	1.24828
USDJPY	155.529	USDCAD	1.37074

Posts by forex_trader_767