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Long Term ST
v
Obchodné systémy
Aug 06, 2013 at 13:26
Typical scenario...Strategy starts failing after 8 months (while recruting "investors") ==> Naming it a temporary DD ("we are in a period of drawdown from which I hope to get out soon") ==> DD was getting worse crushing the strategy ==> Vendor starts blaming broker (why not blaming it during the 8 successful months...???) ==> MyFxBook link deleted...
oscarEA
v
Obchodné systémy
Jul 30, 2013 at 03:16
It would be interesting to see the floating drawdown...
oscarEA
v
Obchodné systémy
Jul 29, 2013 at 12:07
Yes, you may become a millionaire if you can sell enough subscriptions to noobs before your EA crashes.Otherwise I doubt it, as grid system cannot function long term with ACCEPTABLE drawdowns. Let's see if your EA will be here on MyFxBook in a year, or even 6 months...
sPhantom Auto Trader
v
Obchodné systémy
Jul 28, 2013 at 02:45
Another GRID strategy with pretty unfavorable R/R ratio. Unfortunately all of them end up with occasional HUGE drawdowns - sooner or later.Just a few RECENT examples (the ones which have not been stopped; YET):Kangaroo: http://www.myfxbook.com/members/TulipFX/kangaroo/68427FxTest: http://www.myfxbook.com/members/fxcall/fxtest-eurusd-ea-real/577260If you look at the above performances, you see the future of this one, too. So now you know...
oscarEA
v
Obchodné systémy
Jul 27, 2013 at 21:48
It is just another grid strategy with very limited history. Unfortunately all grid strategies run into major DD's - sooner or later.Just look at Kangaroo EA, one of the most popular grid strategies... http://www.myfxbook.com/members/TulipFX/kangaroo/68427Or Fxtest: http://www.myfxbook.com/members/fxcall/fxtest-eurusd-ea-real/577260Very typical profit graph: slow growth with occasional HUGE drawdowns. It can be really unfortunate to join a grid strategy just before such a major DD...
Fxtest_EURUSD-EA_Real
v
Obchodné systémy
Jul 26, 2013 at 11:08
That is a "good one"... 😄 Noting is simpler than starting a "fresh account" after each major drawdown - justifying it as "making some adjustments".
FOREX SCALPINO ROBOT (LIVE 1)
v
Obchodné systémy
Jul 22, 2013 at 10:19
Yes, it is very unfortunate. Especially that my account was the suffering "guinea pig" of this bug costing me a LOT.I will not use this EA until this bug is fixed. It was enough to face an open trade in -300 pips and without SL...
Is forex gambling?
v
Skúsení obchodníci
Jul 20, 2013 at 12:19
For some it is gambling, for some it is not. You can tell it easily looking at one's account's profit graph.Forex is as much gambling as poker is, so consider it: "Look around the table. If you don't see a sucker, get up, because you're the sucker."
FAST SCALPING LIVE
v
Obchodné systémy
Jul 19, 2013 at 18:04
100% floating DD on a DEMO... Come on...!I can lose my money myself without paying for an EA... Although with your EA it would be much easier.
FXNewsBot
v
Obchodné systémy
Jul 18, 2013 at 12:59
I paid for the self trading version of the EA but it was not available anymore (about 2 weeks ago). So I got my full refund (at least).
Which ECN broker is best for Scalper EA’s
v
Noví obchodníci
Jul 16, 2013 at 20:12
I have both ICM and Pepperstone ECN live accounts. Both brokers are about the same: +/- 0.1pips. Maybe ICM is slightly better.I am about to test AXI Trader's ProECN.
ForexMostWanted.com Conservative Risk
v
Obchodné systémy
Jul 16, 2013 at 20:10
Apparently it was the conservative risk... I am curious how would the 'normal risk' performance look like...
Which ECN broker is best for Scalper EA’s
v
Noví obchodníci
Jul 16, 2013 at 15:54
Demo is useless to assess a broker.
www.forexmanaged.biz
v
Obchodné systémy
Jul 15, 2013 at 11:40
It is interesting (and almost funny) how much attention a delusional "wannabe" demo trader can get...Why don't we just let him living in his pink, delusional Demo World...? He seems to be quite happy there... in the company of his demo investors.We all know too well that no serious investor would give him $100k, not even $100. In case anybody would risk any real USD with DemoTom, well, then he is delusional, too...I am signing off this topic, but before I do that, here is short story for DemoTom's future "investors":"Some people learn from books, Some people le...
FOREX SCALPINO ROBOT (LIVE 1)
v
Obchodné systémy
Jul 15, 2013 at 06:19
Thanks, Johnny! I guess, Forex is in the "twilight zone" in regard to taking responsibility for paid goods if damages happen due to the product's malfunction. In a "perfect world" and especially in the USA that would be the norm and the expected action from any vendor.
www.forexmanaged.biz
v
Obchodné systémy
Jul 14, 2013 at 17:47
Don't even waste time on analyzing the non-senses of the "money management" of this account. I think we should start feeling pity for FxTom... It is becoming a sad story... 😞
www.forexmanaged.biz
v
Obchodné systémy
Jul 14, 2013 at 17:44
I guess Demo Tom does not even have 50 USD to open a cent account. Apparently the bank has refused to convert his Demo Dollars - earned from his claimed REAL investors (with 100k accounts) - to real USD.Maybe he should ask 50 (real) USD from his Daddy to be able start his real account...
FOREX SCALPINO ROBOT (LIVE 1)
v
Obchodné systémy
Jul 14, 2013 at 17:44
Thanks for the sympathy! I guess at least you understand my concerns. I assume that the vendor does not WANT to understand my concerns and arrogantly makes me look like a noob...Anyway, for the 3rd and the last time: When the spread becomes larger (> set spread limit) the EA stops working. Completely. It does not do anything from that point: it does not open trades (which is good), but it does not do anything else either which can be a problem.Example: On many occasions the EA's marketable(!) profit was at +7 pips, but with a hidden +4 pips TP it has not closed the trade at +4 pips ...
Fast Scalping
v
Obchodné systémy
Jul 14, 2013 at 06:21
Expectancy: 0.3 pips... You can figure out the rest...
Fxtest_EURUSD-EA_Real
v
Obchodné systémy
Jul 14, 2013 at 06:21
To San4x: Yeah, Kanga has wiped out 6 months' of profit. Really! Just read comments from actual Kanga subscribers on Donnaforex before you write "I suggest you look again"...http://www.donnaforex.com/forum/index.php?topic=2840.2490Quoted from the above link: "Yes, that's true. I know your feeling a bit as I hit SL's (6 trades) on Kanga wiping 6 months of profit. So I am basically at 0% really, because I started Kangaroo EA in feb. After such huge loss, which is the biggest in Kanga history there will be questions/fear if we should continue to trade. Not long time ago...
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