No way this is a real account - exactly 50'000$ deposit with no comment? This is a demo... Besides, isn't Martingale systems a little hazardous? I mean, You go as far as the 8th level in May 2010- 51.2 lots in one trade, and totally 102 lots hanging, and with only 46 pips distance. I'd really like to see the actual equity/balance curve like one would get in a backtest, and I sure hope none of the instruments you trade suddenly goes bananas...
GridsForPips posted: No way this is a real account - exactly 50'000$ deposit with no comment? This is a demo... Besides, isn't Martingale systems a little hazardous? I mean, You go as far as the 8th level in May 2010- 51.2 lots in one trade, and totally 102 lots hanging, and with only 46 pips distance. I'd really like to see the actual equity/balance curve like one would get in a backtest, and I sure hope none of the instruments you trade suddenly goes bananas...
Friend, this account is real note the findings by myfxbook
Just to be sure, I've just uploaded my FXCM - DEMO account to myfxbook, but when adding I stated it was a real account, if that changes when my records and priviliges are verified You are right, if not...
Hmmm, you're right. I just can't loose the feeling there's something fishy going on... The EA is for sale at their webpage for 299$ where they also offer managed accounts. Why would anyone sell an EA that makes more returns than their managed accounts and that way ruin their own (Primary?) business???
I have a bad feeling about the hidden broker - they're an investment company, is it impossible to create their own priceserver, that doesn't show whether its demo or not?
If it's legit I would be one of their customers in no time...
It is good to be skeptical I believe if you are looking at it for an investment. But to criticize just off the merits of your OWN limitations is a bit challenging. I have personally seen people bring in over 100% per day trading futures consistently. So, you say, 'Well, if that were me, then why would I do all the things that they do... etc..'.
Well, they spend their time trying to help people get a mindset wrapped around making 100% per day IS INDEED possible. So, they don't trade every day, they aren't aggressive in their trading.
This company could be a scam. I signed up with their broker, only to never get an email or any correspondence back which I found very interesting. However, I think it was a blessing as they have since lost 60% on that account since I was ready to wire the 5K.
Making those returns is possible, however, it is also possible to fake it all as well. I also believe that money is not the end goal, object for most people and buying things can only get you so far. If you believe 200K is SOOOOO MUCH money, then you will not get that money anytime soon.
What I have learned is, even if it isn't real, IT COULD BE. Does it serve me to believe it COULD BE! YES!!!!!!!!!!!!!!
Does it serve me to believe it is fraud? NO.... It only creates negative energy, negative thoughts, negative actions, negative trading, negative relationships etc...
You are a smart guy and I like reading your posts. And, I know you wouldn't want me criticizing your great techniques if they were making 400% returns. I am tired of people using this site to market their platforms that are questionable at best (DEMO OR MARTINGALE OR FAKE) without proper warnings and elaboration. The SEC or whatever department should close them down before they hurt people.
Just my 10 cents that really isn't worth the screen space it is taking up. :)
คำเตือนความเสี่ยงสูง: การแลกเปลี่ยนเงินตราต่างประเทศมีความเสี่ยงสูง ซึ่งอาจไม่เหมาะสำหรับนักลงทุนทุกราย
เลเวอเรจสร้างการเผชิญกับความเสี่ยงและการขาดทุนเพิ่มเติม ก่อนที่คุณจะตัดสินใจเทรดการแลกเปลี่ยนเงินตราต่างประเทศ ให้พิจารณาวัตถุประสงค์การลงทุน ระดับประสบการณ์ และการยอมรับความเสี่ยงอย่างรอบคอบ
คุณอาจสูญเสียเงินลงทุนเริ่มต้นบางส่วนหรือทั้งหมด อย่าลงทุนเงินที่คุณไม่สามารถสูญเสียได้ Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
มีการให้ข้อมูลและข้อมูลใด ๆ 'ตามสภาพ' เพื่อวัตถุประสงค์ในการให้ข้อมูลเท่านั้น และไม่ได้มีวัตถุประสงค์เพื่อการเทรดหรือคำแนะนำ