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  • 88 Results
  • KarlKraus replied Apr 4, 2022

    Wow, scary drawdown, there: over 50%?! But only if you'd decided not to let a drawdown of over 50% in 2018 stop you from trading it? Would you really continue trading it, after that? Or would you draw on your great experience of these things and ...

    Carbon System - Signal available 102% average yearly return
  • KarlKraus replied Nov 21, 2021

    Did the one you were trying to sell before stop working?

    The only profitable EA on planet earth
  • KarlKraus replied Nov 16, 2021

    Hi TrueFXFunds Who owns the company? Where is your business physically based, and by whom are you regulated, please?

    True Forex Funds - Proprietary Trading Firm
  • KarlKraus replied Aug 24, 2021

    The drawdown shown there is huge. But this is the inevitable reality of methods which are basically a moving average crossover (or, as you've backtested it, a moving average using the slope of a higher moving average as the directional bias): ...

    8 EMA Above/Below
  • KarlKraus replied Aug 20, 2021

    Strange, then, that some of the original Turtles interviewed by Jack Schwager in those "Market Wizards" books not only say the exact opposite, but even offer explanations of why that isn't so? Do you think they have some devious reason for wanting ...

    Turtle trading system
  • KarlKraus replied Aug 7, 2021

    Anyone who imagines that Funding Talent might be a legitimate company, but is open to the possibility that that belief may be a mistaken one, might find this "testimonial" interesting reading - especially if they research it a little further to ...

    Prop Firm Hub
  • KarlKraus replied Jul 17, 2021

    That's why Frag's advice is exactly the opposite of what you should be doing. The trade he recommends limiting yourself to is the one you should be avoiding. As you've discovered, it seems. I understand. Quickly explains that problem clearly in his ...

    Magic 100
  • KarlKraus replied Jul 6, 2021

    Yes - hugely. Probably by around 70-80%. Since you ask.

    FTMO - For serious traders
  • KarlKraus replied Jul 4, 2021

    With unprofitable ones, yes. This is exactly their problem. Some are living in a kind of alternate reality in which they presumably imagine that there's a magic combination of indicators somewhere, waiting to be found, that will enable them to trade ...

    Is it possible to reinvent the wheel?
  • KarlKraus replied Jun 23, 2021

    Like any other MA-based strategy, in a trending market (when you least need MA indicators) it can be very successful, and in a ranging market (when indicators would be most helpful) its results are no better than random entries. That's not to say it ...

    HMA Trend Break Strategy
  • KarlKraus replied May 8, 2021

    OMG, is it some kind of joke, or are there actually people who "believe in" this stuff???

    Fibo Fan cross line
  • KarlKraus replied May 6, 2021

    Exactly. (And that's without mentioning that FTMO require 10% profit in a month and Topstep require 6% without any time-limit at all, and that FTMO costs twice as much to try, and so on.) This is a big part of the problem with FTMO. They're clearly ...

    FTMO - For serious traders
  • KarlKraus replied May 6, 2021

    Yes, for many years, now, as an independent ("retail") trader, and before that for many years for a small fund (not quite "institutional"!). I think the mistake to avoid, in principle (here as with many other systems and methods) is the belief that ...

    2 Bar Reversal Scalp
  • KarlKraus replied May 3, 2021

    It depends on what you mean by "out there". If you mean "in the world of professional trading, and among institutional traders and others successfully making their livings over the long term" then the answer's "yes": there's great interest and ...

    2 Bar Reversal Scalp
  • KarlKraus replied Apr 23, 2021

    They don't offer "funded accounts", but they do (according to this thread and their Youtube videos) offer "funding for serious traders". Go figure.

    FTMO - For serious traders
  • KarlKraus replied Apr 19, 2021

    That's wrong, Paul: the phrase "funded account" doesn't appear on their website at all. Be careful what accusations you make, if you want anyone to take you seriously. It's better to have your facts right. On the other hand, they've started off a ...

    FTMO - For serious traders
  • KarlKraus replied Mar 9, 2021

    I agree. The requirement to make 10% in about 20 days obviously encourages very big position sizes in proportion to the loss limits. This selects worse traders than would get through a "10% in 2 months" requirement. But it also keeps the trail fee ...

    FTMO - For serious traders
  • KarlKraus replied Mar 4, 2021

    Some of the grasp of basic arithmetic on display in this forum is really something special! Strangely, when I went to school, for 1:2 it was 33.3%. That was a long time ago, though. Must be showing my age, I guess. Must be the "new math" they teach ...

    1:1 Risk/Reward Frowned Upon?
  • KarlKraus replied Jan 25, 2021

    Some really striking differences among people's experiences, then! (Mind you, that's not a surprise when half of them have come from a "forum posting service" and have never actually traded in their lives. I suppose they help out on the SEO front, ...

    bad months for forex
  • KarlKraus replied Jan 24, 2021

    Yes, all fair comment - I accept that, of course. Thanks both for what you said and the way you said it.

    Magic 100
  • Posts by Member Search: 'KarlKraus'
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