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5% average monthly profit for at least 2 years (with less than 25% max. DD)
Medlem sedan Nov 09, 2013
27 inlägg
Mar 13, 2015 at 11:53
Medlem sedan Nov 09, 2013
27 inlägg
darthfrancis posted:
dude you win rate you could make that 1000% better if you increased you risk 5% a trade. man up.
That would blow the account easily... 1% is sustainable without mental / emotional issues with the trade
Mar 14, 2015 at 13:59
Medlem sedan Sep 21, 2013
85 inlägg
u mean this one? he's 29% dd tho but still good
https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
Medlem sedan Oct 11, 2013
775 inlägg
Mar 16, 2015 at 02:58
Medlem sedan Oct 11, 2013
775 inlägg
1% or 5% risk, what it really matters is that your accuracy or 'batting average' is really high. Then you decide how much to risk from your account and how fast or slow you want to go. Do this on Demo, though, dont experiment with real money until you have good results.
Mar 18, 2015 at 23:54
Medlem sedan Apr 03, 2014
28 inlägg
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Medlem sedan Oct 11, 2013
775 inlägg
Mar 23, 2015 at 10:06
Medlem sedan Oct 11, 2013
775 inlägg
Thats how it is done, you have to keep it steady and consistent, even if it is 1% or 100% gains, but the goal is to keep it consistent.
Medlem sedan May 04, 2012
1608 inlägg
Mar 29, 2015 at 12:29
Medlem sedan May 04, 2012
1608 inlägg
spunta posted:
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Sure, it is possible to get some consitent periods with all Martingale or Grid strategies... The only question is how long will the winning streak last before hitting a major (i.e. devastating) DD...
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Mar 30, 2015 at 00:47
Medlem sedan Apr 03, 2014
28 inlägg
FxMasterGuru - you are entitled to your opinion, but it's not a grid or martingale system. Yes we do hedging to break even where we have not got the trade right and yes sometimes that leads to a draw down until the trade resolves at BE. A few times we have just closed at a loss to avoid endangering the account. If it's not your cup of tea fine, just posting it on here for people to look at - not really claiming to be an expert or anything.
Medlem sedan Oct 11, 2013
775 inlägg
Mar 30, 2015 at 10:31
Medlem sedan Oct 11, 2013
775 inlägg
I dont think it really matters what system are you using if you are getting consistent profits, but do be aware that markets evolve, trends change, short term and longer term. Therefore, with martingale systems or any other system you have to be attentive for when the markets change their trend, speed, momentum and volatility on different time spans.
Apr 01, 2015 at 21:53
Medlem sedan May 11, 2011
71 inlägg
spunta posted:
We just hit 100% after 7 months.....slow and steady wins the race....
https://www.myfxbook.com/members/spunta/spunta-trading/998544
Hello spunta,
do you have something in common with the zulutrade spunta trading?
Apr 01, 2015 at 22:12
Medlem sedan Apr 03, 2014
28 inlägg
Drago
Yeah I was experimenting with that, haven't used it for months as you can see. Only ever did it as demo, and they don't allow hedging I think.
Yeah I was experimenting with that, haven't used it for months as you can see. Only ever did it as demo, and they don't allow hedging I think.
Medlem sedan Oct 11, 2013
775 inlägg
Apr 02, 2015 at 18:11
(redigerad Apr 02, 2015 at 18:12)
Medlem sedan Oct 11, 2013
775 inlägg
Why is hedging neccessary when you can use limit and stop loss orders? You have to expose yourself anyways in order to make money, you cannot hold the hedge for ever, otherwise you will never make a profit.
Apr 02, 2015 at 22:26
Medlem sedan Apr 03, 2014
28 inlägg
Alex
The hedge trade is only raised if the initial trade goes against us, eg see yesterday AUDUSD trade, no hedge needed, closed in straight profit.
Spunta
The hedge trade is only raised if the initial trade goes against us, eg see yesterday AUDUSD trade, no hedge needed, closed in straight profit.
Spunta
forex_trader_87617
Medlem sedan Aug 10, 2012
56 inlägg
Apr 02, 2015 at 23:10
Medlem sedan Aug 10, 2012
56 inlägg
FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Medlem sedan Dec 13, 2014
73 inlägg
Apr 03, 2015 at 07:30
(redigerad Apr 03, 2015 at 07:41)
Medlem sedan Dec 13, 2014
73 inlägg
Kuzma_ua posted:FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Is your English any good? That isn't a 2 year account plus no trading privileges and track record verified with that scamming broker.
Let me point something out, that $2000 was initially deposited IF I WERE TO BELIEVE this account? But 50% of the account was traded each time at the start which for such a low DD that is virtually impossible... i.e either a scam/modified output OR you just got lucky and you need to buy a lottery ticket.
Looking at the output results it seems to have been doing some arbitrage but even with that there would have been instances where the DD would have been significant when trading 50% of the balance.
forex_trader_87617
Medlem sedan Aug 10, 2012
56 inlägg
Apr 03, 2015 at 08:22
Medlem sedan Aug 10, 2012
56 inlägg
forexpipcatchar posted:Kuzma_ua posted:FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Is your English any good? That isn't a 2 year account plus no trading privileges and track record verified with that scamming broker.
Let me point something out, that $2000 was initially deposited IF I WERE TO BELIEVE this account? But 50% of the account was traded each time at the start which for such a low DD that is virtually impossible... i.e either a scam/modified output OR you just got lucky and you need to buy a lottery ticket.
Looking at the output results it seems to have been doing some arbitrage but even with that there would have been instances where the DD would have been significant when trading 50% of the balance.
Everyone has their own trusted brokers. If everyone starts to ask about her ....
Medlem sedan May 04, 2012
1608 inlägg
Apr 03, 2015 at 09:29
Medlem sedan May 04, 2012
1608 inlägg
Kuzma_ua posted:FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?
https://www.myfxbook.com/members/Kuzma_ua/cyber-intelligence-2-000-usd/969509
Nice results. Nevertheless, it would be nicer if you could replicate them on an account with a maninstream (i.e. reputable) broker (e.g. ICM, Pepperstone, Global Prime, Oanda, LMAX etc.) as already suggested by someone in the thread of the strategy. Until then it is just too suspicious for a broker assisted "book cooking".
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Medlem sedan May 04, 2012
1608 inlägg
Apr 03, 2015 at 11:50
Medlem sedan May 04, 2012
1608 inlägg
spunta posted:
FxMasterGuru - you are entitled to your opinion, but it's not a grid or martingale system. Yes we do hedging to break even where we have not got the trade right and yes sometimes that leads to a draw down until the trade resolves at BE. A few times we have just closed at a loss to avoid endangering the account. If it's not your cup of tea fine, just posting it on here for people to look at - not really claiming to be an expert or anything.
-276 pips (i.e. negative pips) with +31% profit this year = Martingale in my book.
There is simply no other explanation how could a strategy make profits while losing pips...
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Medlem sedan Dec 13, 2014
73 inlägg
Apr 03, 2015 at 15:32
(redigerad Apr 03, 2015 at 15:33)
Medlem sedan Dec 13, 2014
73 inlägg
MasterGuru what do you hope to gain by posting here someone with gains of 5% per month for 2 years with conditions?
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
Medlem sedan May 04, 2012
1608 inlägg
Apr 04, 2015 at 10:41
Medlem sedan May 04, 2012
1608 inlägg
forexpipcatchar posted:
MasterGuru what do you hope to gain by posting here someone with gains of 5% per month for 2 years with conditions?
After all you will attract all sorts of bugs and insects when you post something like this, and if one can and does why would they even bother responding, after all they have nothing to gain!
@forexpipcatchar
1. I was hoping to see a 'retail trader' who has managed to achieve solid financial freedom via Forex trading. I have to admit that my hopes were unfounded.
2. More than two years after starting this thread I can only agree with your observations.
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