Get More Barrels Diskussion

Hi Nmi:

I am newbie, I am user of Grid martingale EA, Forex Envy, Etc, They are too danger, so I am looking for more friendly EA.

I am using Pepperstone, They allow scalping with very low spread but very fast high price spike, Will it work well with your EA?

Thanks

yep, G&M are dangerous but have a look here... with hedging included

https://www.myfxbook.com/members/Quick100/volks-fx/385827
https://www.myfxbook.com/members/Quick100/volksfx/388495
https://www.myfxbook.com/members/SFX_test/volksfx2/392510
https://www.myfxbook.com/members/SFX_test/volksfx3/392574

and this PAMM just started for an investor
https://www.myfxbook.com/members/Quick100/pamm-1/405628/mPfK3OehW99lGdxfpwUs

I love med DDs because they always will bring a nice performance like it did yesterday😎

for me the best of best... good luck

Quick100 posted:
yep, G&M are dangerous but have a look here... with hedging included

https://www.myfxbook.com/members/Quick100/volks-fx/385827
https://www.myfxbook.com/members/Quick100/volksfx/388495
https://www.myfxbook.com/members/SFX_test/volksfx2/392510
https://www.myfxbook.com/members/SFX_test/volksfx3/392574

and this PAMM just started for an investor
https://www.myfxbook.com/members/Quick100/pamm-1/405628/mPfK3OehW99lGdxfpwUs

I love med DDs because they always will bring a nice performance like it did yesterday😎

for me the best of best... good luck

Quick100 (a quick100% DD?) I'd prefer you not market your system/offer here, come on you know the rules and the expected etiquette, no spamming......but as you have chosen to do so then you've kinda asked for this.

An 86% drawdown https://www.myfxbook.com/members/Quick100/volks-fx/385827 means you nearly lost the account !!! No offence, but you would have to have masochistic tendencies to put your money into a system that has seen a 86% drawdown........its not going to last long ! and not in entire accounts life has it even made 86% ! come on, that's terrible.

But that's a grid and/or martingale based system for you.......and a hedge is no escape because at some point you must release the hedge and pick the corner right or you're account is still toast (and I've designed, built and traded multiple grid over the years, with hedging, which makes me qualified to offer a very informed opinion on the characteristics of such systems). Sooner or later the system WILL get it wrong and you will loose your account, its inevitable. You might get lucky, for a while, and some do its true......but anyone reading this ask yourselves how often have you been 'lucky' in FX ?

I'd suggest to you/your clients to save yourself a lot stress and losses, and donate your money to a worthy cause like www.seashepherd.org instead of to the folks on the winning side of the trades that will eventually margin call your/your clients accounts.

Measure that system against 150%+ ROI for below 15% drawdown achieved with the NMi SS EA/FMT EA, which is the result of a system that trades with a positive risk to reward ratio with average wins larger than its average loss, that wins trades more often that it loses.

It has to make sense folks, but an 86% drawdown does not and would not to any experienced trader.

Cheers, Adam :)

Rickyv101 posted:
Hi Nmi:

I am newbie, I am user of Grid martingale EA, Forex Envy, Etc, They are too danger, so I am looking for more friendly EA.

I am using Pepperstone, They allow scalping with very low spread but very fast high price spike, Will it work well with your EA?

Thanks

Pepperstone is a decent broker and is profitable with this system, some of our clients do trade there with some success but it is not the most profitable broker for this system.

Cheers, Adam :)

ps: its a good lesson for you to learn early in your FX carreer about the dreams that are system with grid and/or martingale...you don't want to spend as long chasing it as I did.

November 5th, 2011 was my moment of clarity on the matter https://www.forexfactory.com/showthread.php?t=109589&page=91 (see post by surfieadam) Fast fwd nearly a year later and see if anyone on that thread has seen success chasing that dream..

can you activate provider on zulutrade.com
or run it live on vps gallantfx,

my clients can see what i do : chasepips.com can you make the same?
 then i always looking to invest 10-20 k