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The next step after reaching broker lot size limit

  • #281
  • Dec 4, 2017 11:42am Dec 4, 2017 11:42am
Quoting BigOldFella
{quote} You would only do an hours testing on a program that places trades worth tens of thousands of pounds? If I was making a fundamental change to the way the EA works I would test to make sure that the outcome of every trade I've ever taken would result in the same (or similar) profit/loss. I assure you it would take more than an hour.
what exactly you want change, most of time programming part is easy. because oyu only copy its most easy ofcourse, because you dont have any trading logic inside, without reading in a information , so what exactly you want change, that you can trade higher amounts then broker maximum?
simple change to counting in volume, then rest is so easy as 1-2-3. all trader count in volume not in number of trades, because thats unimportant and not correct enough. and so not problem with having wahtever amount possible to trade, programming change is small, and testing very very very easy, because you only need to test the funtion, the rest is same like you programm before.

but really? this is total basic, you have one of the most easy programming tasks. whats so complicated, even the reading oyu mail and trade needed mayve 1 day to programm, this is really a change for 1 hour and maybe1 hour to test the function. so i would do this extrem easy task and you learn by it. you should programm each day, so you are fit and get faster and better with time, and can do this simple tasks really at least in 1 day. if you wait to long between programming things, you need often to restart to think in the problems and then programming language.
  • #282
  • Dec 4, 2017 11:46am Dec 4, 2017 11:46am
Quoting goose4
{quote} Thanks so much dukas. It really explained why I lost trying several signal service over the years. I did my best with research on the providers. Always having great reviews. But always being a scam. I also think people that sell trading systems are all scams too dukas. Do you agree with this ?
most are bad traders, some maybe only stupid. who is who you can deside by your own. but most are at 100% sure fakers at some points or many. they want sell this bullshit, they need to fake, because all do it. you can read many revies where people tell they won 1 mio, but in reality you read then reviews of real people who lost this million same time. never trist someone you dont know in person, thats so simple! people fake what they can when they can earn money with selling such easy fakeable bullshit... and because its so easy and many many people are stupid enough to buy this bullshit, they sell it. if more people would be smart , they could never do and would not do because would lose time and earn no money with this scam.
  • #283
  • Dec 4, 2017 12:03pm Dec 4, 2017 12:03pm
Quoting dukas_trader
{quote} this is total basic, you have one of the most easy programming tasks. whats so complicated, even the reading oyu mail and trade needed mayve 1 day to programm, this is really a change for 1 hour and maybe1 hour to test the function. so i would do this extrem easy task and you learn by it. you should programm each day, so you are fit and get faster and better with time, and can do this simple tasks really at least in 1 day. if you wait to long between programming things, you need often to restart to think in the problems and then programming...
Then I would not hire you as a programmer.

I've been programming professionally for 35 year, about a decade ago I sold my software consultancy to Hewlett Packard for a lot of money.

There's not a lot you can tell me about programming.
  • #284
  • Edited 12:51pm Dec 4, 2017 12:33pm | Edited 12:51pm
Quoting BigOldFella
{quote} Then I would not hire you as a programmer. I've been programming professionally for 35 year, about a decade ago I sold my software consultancy to Hewlett Packard for a lot of money. There's not a lot you can tell me about programming.
fine for you. but at least with mq4 you have extrem problems with such extrem easy tasks. many people tell often what they can, but in reality its different.

i dont joke with you, what you have to change is most easy work, your program is most easy styled, only reading an email and need only to change to volume. its really difficult to trust you, you are a programmer, sorry to say this.

and by the way: dont joke you are a professionall, thats not fair. maybe you know something to program with other language and as ordered from others, but you cant see how easy is what to do and so you think even this total easy programming task is difficult for you. but however. you cant write like a total beginner in programming and same time say me you are good, at least you have to see your extrem problems with mq4. it starts now same like with your signal service, you write so and tell like its other. sometimes helping you is really wasted time, its like with your stupid arguments to defend your signal services , when you are out of arguments and all are destroyed you simple answer always "i cant remember" but unable to reread your old textes with the mistakes. now you are perfect programmer but unable to do most simple programming work.

and in all honest: i can tell you a lot about programming in metatrader (the chances you know even 1/3 is near zero, because you have problems with this most easy task i would say you fake programming and dont know a lot, same fake like your signal service), maybe you would be impressed how less you know. but that i can only say, by what you write here, normally a programmer would not write such problems and cant solve for themself such easy things. many things look not correct and faked with you, really. there are 2 sides of you.
  • #285
  • Dec 4, 2017 1:22pm Dec 4, 2017 1:22pm
Quoting VEEFX
{quote} Okay. Looks like you don't need any help with coding contrary to what you portraiyed. Opening/Closing two positions of 50 lots each at the same time versus one position of 100Lots is not a "fundamental" change (apart from spread/slippage consideration).
Exactly the same...apart from??????

Ok, I'm finished here (maybe cindyxxxx scared me off).

I've put a reminder in my calendar to come back in a year

According to some I'll be broke... let's wait and see.
  • #286
  • Dec 4, 2017 1:24pm Dec 4, 2017 1:24pm
Quoting VEEFX
{quote} Okay. Looks like you don't need any help with coding contrary to what you portraiyed. Opening/Closing two positions of 50 lots each at the same time versus one position of 100Lots is not a "fundamental" change (apart from spread/slippage consideration).
he fakes knowing good programing in mq4, same like he faked many facts (or had extrem wrong arguments) with signal providers.
maybe he even had a company, but looks so many years ago, that he dont know even the more easy basics of programming at the moment.
he has problems with most easy trading task, thats unbelieveable, and even after many help he was unable to check this.

for me this person is complete fake, wants to be seen as someone other then he is, noone writes so low level and same time tell people he knows so much same time, thats not possible. he looks like a standard forum faker, who want to be seen as good for whatever reason. and thats for both, signal service and programming.

the funny part is, at the beginning of this threat i ask him if you jokes about he knows programming, because he has problems with tasks even medium programmers laugh about , and this with his very easy program of reading out from mail. but even then i tried to help him. but on the end all what i thought at beginning was correct, he again then fakes he knows a lot but shows in all his posts he is a extrem beginner and trying to hide this fact. incredibly sad.
  • #287
  • Edited 1:57pm Dec 4, 2017 1:28pm | Edited 1:57pm
Quoting BigOldFella
{quote} Exactly the same...apart from?????? Ok, I'm finished here (maybe cindyxxxx scared me off). I've put a reminder in my calendar to come back in a year According to some I'll be broke... let's wait and see.
faking is not best trick, you look so unhonest and impossible to take you serious. i dont know why you fake, i dont know why you are at this extrem low programming level, or why you are with this problems about signals services.....

but all you show here as result, you fake a lot. try to learn programming, work on your character that you dont need to fake what you want to be and can show how you are, and then what you write here will reflect what you write who you are. at the moment the gap is extrem. funny that on the beginning you looked exactly like this all the time and you got chnaces again and again and always you tried to fake again and write very low level same time, thats crazy in best words.
  • #288
  • Dec 4, 2017 1:32pm Dec 4, 2017 1:32pm
Quoting VEEFX
{quote} Dude, I am in IT also since the late 80s and I compile my Live EA in a LIVE account atleast 2 dozen times EVERY SINGLE DAY as my parameters are all embedded in code by design. Any 2+ yrs experienced MT4 programmer can do this shit in a day. With that said, I am out of this idiotic thread too (again).
yes, at max 1 day, change the functions to volume (and he will have funtions with his good program knowledge) is a little task, and testing its so easy after this. after he told he will need long time to test, i had really problems not to laugh loud. unbelievable he could not see how easy his fakes are to see when he writes about topics he dont know. the fakes with his signal providers was fun and looked only stupid and promoting shit, but this faking of programming knowledge is pure irony, but funny same time that some people really think they can fake all and nobody can see it .

you look like programming even much longer then i do, i started in last 15 years.
  • #289
  • Dec 4, 2017 1:54pm Dec 4, 2017 1:54pm
Quoting VEEFX
{quote} I have a Bachelors and Masters degree in Computer Science and the type of projects I have worked throughout my career will roll a lot of eye balls lol I have developed coding language interpretors and compilers for mid-range advanced computing platforms while I was still in college as project thesis. I also developed a complete hotel billing system out of DbASE in under 4months during summer of undergraduate. I wrote my first "Hello World" in Basic while most were wearing diapers or not born. I have worked on weather forecast system on mainframes...
not bad. in power basic was my first hello world program in school, later pascal. but i did not really improved programing until i needed it for trading much later.
without trading programs i am not a good programmer, i only know this.

your background is always good for this business. i had to start to learn all from starting after many years not using any program language.

yes he smiled from beginning faked with his textes, then his signals provider fake with all his mistakes and wrong arguments, and the top was really the good programmer fake with his big programming problems in easiest tasks and long testing time. giving him a chance to bring arguments always was funny, he even did bring arguments against his own reasons and did not check it.
  • #290
  • Dec 5, 2017 3:44am Dec 5, 2017 3:44am
Quoting VEEFX
I just thought of posting one more post on this thread. Please bear with me as I want to explain WHY I frequently compile my EA source code via meta editor a dozen times ever day. Please google "Over the Shoulder Impersonation" and you won't find a whole lot of hits. So what is Impersonation? It is a feature in most commercial software products and websites that allow their customer service and tech help desk support staff to "look" over the shoulder in real time what actions you as a user of their software perform is doing. It allows customer service...
i dont know if the broker will change any, but the starting input parameters are of course possible to see by the broker.
hardcopy in would be to slow for me, i would do the mentioned graphic objects interface or at least a file with the parameters to read out.

but that crucialpoint is sucessfull its a point we dont will find same point, the chances at his sjown expereince level he fakes all is 100 times higher. i have not seen one really intelligent post from him and it needed often to correct his extrem mistakes, without some basic informations from books.
  • #291
  • Dec 5, 2017 5:12am Dec 5, 2017 5:12am
I agree with you, dukas trader.
The probability that BOF is a scammer is really high.
You put in a lot of effort to warn newbies and I appreciate that and they will too, hopefully not after the damage is done.
Based on luck, there will always be some signal providers providing something that works over a limited period of time, especially in hindsight.

Like Dukas explained it in great detail, all history can be easily faked and is faked daily in an epic scale.

Retail brokers, affilate marketing companies, signal providers, forex training providers, ...etc. etc. do all make a killing by selling a negative sum game to retail traders. It is gambling addiction that graps these poor guys by the balls and in most cases pulls them back in. Gambling laws in a lot of countries are just bypassed by this industry....but in fact everything with a leverage above 5 is more gambling than something else and therefore should be regulated as gambling is regulated. The true total social costs of forex retail brokerage must be breath taking....it's time for an investigative journalist to make a big story out of it. Because there is enough crime and pain in this topic to get a Pulitzer price.

I am still waiting for a wistle blower to send detailled statistical data to Wikileaks.
So that would make the business of these guys a bit harder..... wouldn't it?
  • #292
  • Dec 5, 2017 5:16am Dec 5, 2017 5:16am
Quoting HudithePfupf
.... but in fact everything with a leverage above 5 is more gambling than something else and therefore should be regulated as gambling is regulated.
By your definition WHOLE REAL ESTATE MARKET is gambling where you can get property with 5% deposit, that is 1:20 leverage

Second one is founded with paper profit - equity valuation - that bumps leverage to about 1:40

The third one...

Get real.
  • #293
  • Dec 5, 2017 5:30am Dec 5, 2017 5:30am
Quoting HudithePfupf
everything with a leverage above 5 is more gambling than something else
Fantastic, this place makes me laugh out loud sometimes.
  • #294
  • Dec 5, 2017 6:03am Dec 5, 2017 6:03am
If you buy real estate with a 5% deposit for a speculative purpose in the hope you can flip it for a higher price it is certainly gambling and outright stupid. If a bank is stupid enough to finance your first home this way and even a 2nd home by relaying on your paper profits, than they are gamblers too. And talking about a 3rd home based on the same mechanics is what brought the system almost down a few year ago.... so yes, this is gambling - outright, ultimative stupid gambling.

That was the receipt for many to ruin themselves in the past and so it will be in the future as well. The 5% deposit is wiped out even by the smallest market correction and your bank will immediately come and ask you to either compensate for that or foreclose you faster than you can say oh ohhh.....

Than your 5% deposit is gone, your house goes to the bank and the avalanche wipes out all your equity and you are broke. This experience will be shared by a lot of peoples all over the world after an epic phase of global QE (where rates do no longer reflect the underlying default risks) will come to an end.

Well, if you would understand the "gamblers ruin" theorem.... you might have the chance to get real.
  • #295
  • Dec 5, 2017 6:22am Dec 5, 2017 6:22am
Quoting VEEFX
{quote} You kidding me right? There is something called a COLLATERAL, a physical asset of some value on a mortgage. In FX, we have nothing. We give nothing and we get nothing. All we get is a mathematical calculation shown by your platform LOL
Clearly, you are not a trader. As with real estate, a trader puts up capital when they open their trading account, and it is called their margin account. When they enter a trade, a portion of that account is "set aside" to cover the cost of the trade, and the remaining available margin is left to cover additional trades and the results of the open trade (if the position is a loss). It is all real money. This notion that we give nothing arises from your extensive experience with demo accounts. And the notion that we get nothing is a clear indication that you have never made anything in the forex. If you had ever taken real money and put it at risk in the forex, you would never consider your efforts as giving nothing to get nothing.
  • #296
  • Dec 5, 2017 6:41am Dec 5, 2017 6:41am
Quoting VEEFX
{quote} You kidding me right? There is something called a COLLATERAL, a physical asset of some value on a mortgage. In FX, we have nothing. We give nothing and we get nothing. All we get is a mathematical calculation shown by your platform LOL
You dont know how mortgage industry works, do you?

Mortgage collateral??? Are you kidding me? What collateral? What physical assets? If somebody take a mortgage, does not have any assets for exactly that reason, except a promise to keep walking to a job everyday to pay that mortgage? Oh, yeah. There was hell a lot of collateral in 2008... there is hell a lot of collateral today as well.

The same collateral as in FX. If your balance goes negative, your broker will drag you to a court and ask to pay off. And you can keep walking every morning to that job... or maybe not.

There is not real assets, but promises.
  • #297
  • Dec 5, 2017 6:46am Dec 5, 2017 6:46am
Quoting HudithePfupf
If you buy real estate with a 5% deposit for a speculative purpose in the hope you can flip it for a higher price it is certainly gambling and outright stupid.
Do you even people live in a real world or in parent's basement?

How many young people in NY, London, Paris, Toronto, Amsterdam, Sydney, Beijing, Hong Kong... ect ect ect can get 50% deposit for a home. In Sydney it takes 5 year to safe minimum deposit. DEPOSIT - a fraction of paid price, surely not 50%

Do you really think all those people with 5% deposits are gamblers? Or maybe regular folks trying to make a home? Do you think they do that with gamblers high?

That is for the first 1:20 leverage.
  • #298
  • Dec 5, 2017 6:46am Dec 5, 2017 6:46am
Quoting jdieieh
{quote} You dont know how mortgage industry works, do you? Mortgage collateral??? Are you kidding me? What collateral? What physical assets? If somebody take a mortgage, does not have any assets for exactly that reason, except a promise to keep walking to a job everyday to pay that mortgage? Oh, yeah. There was hell a lot of collateral in 2008... there is hell a lot of collateral today as well. The same collateral as in FX. If your balance goes negative, your broker will drag you to a court and ask to pay off. And you can keep walking every morning...
The collateral for a mortgage is the underlying asset of the mortgage, which is the house. If you don't pay the mortgage, the bank takes the house and sells it to recover (most) of their money.
  • #299
  • Dec 5, 2017 6:53am Dec 5, 2017 6:53am
Quoting GEfx
{quote} The collateral for a mortgage is the underlying asset of the mortgage, which is the house. If you don't pay the mortgage, the bank takes the house and sells it to recover (most) of their money.
Yeaaaaaah, it worked so well... in theory in 2008 everywhere across the world... to point when GOVERNMENTS (WHICH MEANS YOU AND ME) HAS TO GUARANTEE THAT COLLATERAL
  • #300
  • Dec 5, 2017 7:01am Dec 5, 2017 7:01am
Quoting jdieieh
{quote} Yeaaaaaah, it worked so well... in theory in 2008 everywhere across the world... to point when GOVERNMENTS (WHICH MEANS YOU AND ME) HAS TO GUARANTEE THAT COLLATERAL
OK, that is true in a macro sense. But for the individual, the rules stayed the say, although the repossession process was extended quite a bit. For the individual, the mortgage is still covered by the house, regardless of who is backing the mortgage company or the industry.
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