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45% in 3 months....

  • #21
  • Jun 20, 2018 4:10pm Jun 20, 2018 4:10pm
Quoting ebbcoin
This is the EbbCoin team here to reply to this thread: People will say whatever they like, but the system works no matter what people want to call it. 11.2 lots only exposes the account by using 4% of the margin. Even if it doubles, thats 8% margin. Max drawdown with 8 open orders all negative is no more than 30% risk on the balance. We have a hard stop of 35% drawdown. The script has never experienced more than 8 open orders. We also have 100% back up from the other account. In reality, if you put all the funds in one account; we would expect to...

So you are saying you use martingale, right ?
LDFX Trading Ltd
  • #22
  • Jun 20, 2018 4:16pm Jun 20, 2018 4:16pm
Quoting ebbcoin
This is the EbbCoin team here to reply to this thread: People will say whatever they like, but the system works no matter what people want to call it. 11.2 lots only exposes the account by using 4% of the margin. Even if it doubles, thats 8% margin. Max drawdown with 8 open orders all negative is no more than 30% risk on the balance. We have a hard stop of 35% drawdown. The script has never experienced more than 8 open orders. We also have 100% back up from the other account. In reality, if you put all the funds in one account; we would expect to...
»To blow this account, EURUSD needs to fall 500 pip without retracement. This has never happened in this pair in its lifetime. »

well, you must be a real amateur to say that.
LDFX Trading Ltd
  • #23
  • Jun 20, 2018 4:18pm Jun 20, 2018 4:18pm
And having a hard stop of 35% is just silly, it means you are willing to lose that much on a wrong trade, you are just an amateur.
LDFX Trading Ltd
  • #24
  • Jun 20, 2018 4:20pm Jun 20, 2018 4:20pm
Quoting nickcnew
https://www.myfxbook.com/members/Ebb...ic-usd/2474465 {image} Hi all, I came across this system on Myfxbook and was wondering if it was worth investing in? As FF has a wealth of experience I was hoping for some feedback on this. As you can see the equity curve is quite unbelieveable and it has made a very impressive +45 percent in a mere 3 months. After asking several times for a view of their history of trades this was finally made public a couple of days ago...please see below. {image} What does worry me...
Nicknew I do now suspect you wanted to promote this shitty system.
LDFX Trading Ltd
  • #25
  • Jun 20, 2018 4:29pm Jun 20, 2018 4:29pm
Quoting ebbcoin
This is the EbbCoin team here to reply to this thread: People will say whatever they like, but the system works no matter what people want to call it. 11.2 lots only exposes the account by using 4% of the margin. Even if it doubles, thats 8% margin. Max drawdown with 8 open orders all negative is no more than 30% risk on the balance. We have a hard stop of 35% drawdown. The script has never experienced more than 8 open orders. We also have 100% back up from the other account. In reality, if you put all the funds in one account; we would expect to...
And by the way, saying that the system works with less than 3 months statistics is so naive, especially by using martingale.
LDFX Trading Ltd
  • #26
  • Edited 5:26pm Jun 20, 2018 4:31pm | Edited 5:26pm
Attached Image (click to enlarge)
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Ebbcoin, any comment on this screenshot ?

I do, in roughly 4 months your balance grew by 40% and in 1 day your floating loss was half of your 4 months growth, is this a professional way to win by trading currencies ?

of course it is not, your are just doing like all looser, by not cutting your loss and averaging down with a martingale.

if you can not take losses, you can not win.

Please upload your system on forex Factory trend explorer on this thread.
LDFX Trading Ltd
  • #27
  • Jun 20, 2018 5:11pm Jun 20, 2018 5:11pm
Quoting LDFX
{quote} »To blow this account, EURUSD needs to fall 500 pip without retracement. This has never happened in this pair in its lifetime. » well, you must be a real amateur to say that.
1,200 pip drop with no retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-06-20 at 4.23.28 PM.png Size: 150 KB
  • #28
  • Jun 20, 2018 5:35pm Jun 20, 2018 5:35pm
Quoting ebbcoin
This is the EbbCoin team here to reply to this thread: To blow this account, EURUSD needs to fall 500 pip without retracement. This has never happened in this pair in its lifetime.
Face-plant.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-06-20 at 4.33.36 PM.png Size: 108 KB


See attached photo of a 1,200 pip drop without retracement. This is only a recent example.

Of course everyone knows that during the 2008 crisis from July through October we had 4 separate 1,000 plus drops without retracement.

Move along folks. This rookie is going to blow your money.
USA!
  • #29
  • Jun 21, 2018 5:25am Jun 21, 2018 5:25am
Quoting LDFX
{quote} Nicknew I do now suspect you wanted to promote this shitty system.
Hi LDFX and everyone who has commented.
It's actually the complete opposite.I know these are scam artists after robbing inexperienced people of hard earned money.I knew it was a martingale and as every martingale ever devised,it's doomed to failure..A mathematical certainty.
I wanted to start the thread off appearing neutral to see if the far more experienced users on FF agreed. You all do, I think a comment I most agree with describing this company was "amateur".
I apologise now for not being entirely truthful but if this thread just stops one person putting money in these criminals pockets then it would of been entirely worth it..

Thank you all very much for your views.
  • #30
  • Jun 21, 2018 5:39am Jun 21, 2018 5:39am
Quoting LDFX
{quote} A growth curve that is very smooth is usually (not always) a sign that the trades have no real stop loss.
Exactly, in long term this will fall (total account will blow up). As I recall my earlier trading life
  • #31
  • Jun 21, 2018 8:40am Jun 21, 2018 8:40am
Quoting nickcnew
{quote} Hi LDFX and everyone who has commented. It's actually the complete opposite.I know these are scam artists after robbing inexperienced people of hard earned money.I knew it was a martingale and as every martingale ever devised,it's doomed to failure..A mathematical certainty. I wanted to start the thread off appearing neutral to see if the far more experienced users on FF agreed. You all do, I think a comment I most agree with describing this company was "amateur". I apologise now for not being entirely truthful but if this thread just stops...

Hello Nickcnew,

I apologize to you then to have thought so.

A good thing indeed is to help investors recognize the scammers from the real professionals.
LDFX Trading Ltd
  • #32
  • Last Post: Jun 21, 2018 8:37pm Jun 21, 2018 8:37pm
This looks like the life of a Turkey in the US

SURPRISE

Attached Image (click to enlarge)
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I wish you all the best
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