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Forex Profit... Im sorry but... (10% per month?) 114 replies

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  • #41
  • Jan 8, 2019 6:23pm Jan 8, 2019 6:23pm
Quoting josephcom
Do you still trade that account? It's been stopped since 2014, right?
//-----

hey joesph..... that was my first account with ibfx which later sold out to fxcm..... ibfx was the best broker ever..... fxcm began having issues so i withdrew the money and split it between etradefx and oanda ..... etradefx decided to leave the business leaving only oanda.....

oanda seems to be pretty good except for the way they handle swap.....

there are several people on this forum that do well trading spot forex, they very seldom post....... they sell nothing....

another used to trade only the audjpy..... she lived off the swap..... that was back when the swap was much higher..... her standard accounts were far greater than mine......

there is a guy from jordan that is probably the king of martingales..... i've watched him make several hundred thousand several times..... he hardly posts except on the persia thread.....

several others come to mind..... one is an expert at using the market profile method, which is way over my head......h
to trade and code, keep both simple... no call to impress....h
  • #42
  • Jan 8, 2019 9:23pm Jan 8, 2019 9:23pm
Quoting hayseed
{quote} //----- hey joesph..... that was my first account with ibfx which later sold out to fxcm..... ibfx was the best broker ever..... fxcm began having issues so i withdrew the money and split it between etradefx and oanda ..... etradefx decided to leave the business leaving only oanda..... oanda seems to be pretty good except for the way they handle swap..... there are several people on this forum that do well trading spot forex, they very seldom post....... they sell nothing.... another used to trade only the audjpy..... she lived off the swap........

Hi hayseed,

ibfx was the best broker ever?

I think your open trades must have been small because they cut max open trades down to 200 when I had 1000 or so open (lol, those were the days) and gave us around 2 weeks to do it or they would do it for us. To me they didn't know what they were doing. They were changing rules all the time. They were just learning how to be a broker and at the end, they couldn't handle it and gave up left the business.

As for Oanda, it was great while Dr. Stumm was at the helm. The more distant he became from running it, the worse Oanda became. I think he is totally out now.
  • #43
  • Jan 8, 2019 9:33pm Jan 8, 2019 9:33pm
I don't know if FF allows a link like this but the first guy's record goes back to 2013. That should satisfy the question asked in this thread: https://www.mql5.com/en/signals/mt4/page1

Of course there are more like that on that page.
  • #44
  • Jan 8, 2019 11:38pm Jan 8, 2019 11:38pm
Quoting josephcom
Before you bombard me with criticism, I'm gonna ask you show me ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. Please don't make a mess saying stories/jokes/... You either show us a proof or don't say anything at all.
Mate, showing own personal account info is not proper option. Yes, no doubt it’s difficult to make consistent result but not impossible actually! By the way, don’t judge this profession based on only forum members activity.
  • #45
  • Jan 9, 2019 4:12am Jan 9, 2019 4:12am
Quoting VEEFX
{quote} Regardless of all the hate, I feel the OP is asking the RIGHT question that I wish more would start asking on forums here and elsewhere! You all are missing the exact nature of question being asked! He is not asking if anyone is profitable here (which I also believe no one on FF is profitable for more than 3 consecutive years "TRADING" Spot Forex unless proven otherwise) What the OP is asking is... ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. We all know performance across more than one real account or broker...
Actually I tried to explain a similar concept above, but no one seems to be listening.

No one, I repeat, no one have I ever seen to be profitable in this market except for couple of months or so.

I did an interesting experiment one day. I produce absolutely random numbers with excel and observed something interesting: You would be profitable sometimes for 8 months (!) if you followed that chart. But in the long run, ... Please someone show us something...
If you can't measure it, you can't improve it!
  • #46
  • Jan 9, 2019 4:57am Jan 9, 2019 4:57am
Quoting OutThere
{quote} Hi hayseed, ibfx was the best broker ever? I think your open trades must have been small because they cut max open trades down to 200 when I had 1000 or so open (lol, those were the days) and gave us around 2 weeks to do it or they would do it for us. To me they didn't know what they were doing. They were changing rules all the time. They were just learning how to be a broker and at the end, they couldn't handle it and gave up left the business.
//-----

hey outthere..... yes they were learning...... so was i...... my max number of open trades probably was around 200 as you said....

you might remember patrick and marilyn..... they worked for ibfx..... they are internet friends of mine that left metastock and moved to ibfx...... someone, can't remember who, told me some traders had 10's of thousand s of open trades at one time.....

back then i struggled with 1....... but stayed positive with an open mind and did not give up......h
to trade and code, keep both simple... no call to impress....h
  • #47
  • Jan 9, 2019 5:19am Jan 9, 2019 5:19am
Quoting VEEFX
What the OP is asking is... ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS.
//----

hey vee..... perhaps i miss took joesph's request..... or...... perhaps i should have stayed out of this.....

in either event, i just made public my huntsville explorer which has been profitable "in the past three years"...... if i have the time i'll set up my ichi d alli p awesome t account ..... same results ..... different signals......
//------

i clearly understand why so many have disbelief and disappointment with forex..... we all did....

yall take care.......h
to trade and code, keep both simple... no call to impress....h
  • #48
  • Jan 9, 2019 6:27am Jan 9, 2019 6:27am
If you had any mathematical maturity, you'd realize you can't prove such a thing. What's the point that you're trying to make?
  • #49
  • Jan 9, 2019 7:57am Jan 9, 2019 7:57am
Quoting hayseed
{quote} //----- hey outthere..... yes they were learning...... so was i...... my max number of open trades probably was around 200 as you said.... you might remember patrick and marilyn..... they worked for ibfx..... they are internet friends of mine that left metastock and moved to ibfx...... someone, can't remember who, told me some traders had 10's of thousand s of open trades at one time..... back then i struggled with 1....... but stayed positive with an open mind and did not give up......h
Yes, now that you have refreshed my mind, I do remember them. They constantly contradicted each other in their decisions. I had up to 3000 open trades (the gridding thing had just started) but usually around 1000. They declared that only a handful of traders were high volume traders and they were choking their servers but I imagined their open trades must have been around the same number of mine since I was one of the traders that received their scrutiny. My suggestion to them that Forex was a high volume and high turn over industry and their need to upgrade their servers fell onto deaf ears and a couple of weeks later, they unloaded the Canadian accounts altogether because they couldn't handle meeting the regulatory requirements. Good riddance.

Anyways, good times.
  • #50
  • Jan 9, 2019 8:01am Jan 9, 2019 8:01am
Why the OP needs someone from this particular forum come up with the specific account record he demands to see? Or what? If it is not found here or the owner of such account is not willing to cough it up, does it mean no one is or has been making money for 3 years consistently? And if that is the case, should we all abandon trading?
This is clearly a case of 'If I can't do it, then no one else can do it either'.
  • #51
  • Jan 9, 2019 8:10am Jan 9, 2019 8:10am
Quoting spotrate
If you had any mathematical maturity, you'd realize you can't prove such a thing. What's the point that you're trying to make?
//----

not sure if that was meant for me, so out of precaution i have set all my explorers to 'me only'......

and moved on......h
to trade and code, keep both simple... no call to impress....h
  • #52
  • Edited 8:37am Jan 9, 2019 8:16am | Edited 8:37am
Quoting josephcom
Before you bombard me with criticism, I'm gonna ask you show me ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. Please don't make a mess saying stories/jokes/... You either show us a proof or don't say anything at all.

Ok now im curious...

Lets say that someone shows you that 3 year minimun profitable account; hell he even invite you to his home and let you sit on his computer so you can check it out for yourself, no tricks or cheats


Now my question:

What are you looking for exactly??

What are you going to do if someone like that shows and prove what you want ?!?!?!
  • #53
  • Jan 9, 2019 9:08am Jan 9, 2019 9:08am
Quoting hayseed
{quote} //---- not sure if that was meant for me, so out of precaution i have set all my explorers to 'me only'...... and moved on......h
Oh I was sending that to the OP. I mean, I'm not sure what he is hell bent on proving. It's simple, have a LARGE size account with a decent strategy and sensible MM and you will be consistently profitable. I've got my EA screaming like a MF'er on a 1K account and it doubles the initial deposit once every couple of weeks with about 1K DD. Now if I had it on a $100,000 with the same lot sizing, that would be 1% DD, and about 25% per year. There, done, consistently profitable indefinitely.
  • #54
  • Jan 9, 2019 9:36am Jan 9, 2019 9:36am
joseph is outright ignoring this post

HEY READ THE GOD DAMN POST (https://www.forexfactory.com/showthread.php?p=11860158#post11860158)

how about this one from zulu
https://www.zulutrade.com/trader/302915/trading?t=10000

or maybe there's few from Darwinex leaderboard
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how about from collective 2
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there's some from myfxbook, but i can't see it since they restrict view from US

i mean seriously joseph, at what point do you acknowledge that you failed this challenge..

or maybe you're looking for SPECIFICALLY for a TRADE EXPLORERE? i'm sorry to break this to you but the forex world doesnt' fucking revolve around the TE.

at what point do you just say, hmm, maybe these guys are right, maybe i suck at trading. maybe the world doens't revolve around me and that my failures are my own.
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