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1000% profit in 4 months - system you can COPY automatically

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  • Post #1
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  • First Post: Edited Apr 3, 2014 1:16am Mar 22, 2014 12:46am | Edited Apr 3, 2014 1:16am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
Those looking for holy grail of forex - this is NOT it ( i hope so, and you decide on that)

this is the NEW explorer, the last one was blown out due to my stupidity, read the full thread to understand why.
follow the thread, but don't copy the trades till at least a month or something, to test out the system.

OK, so this system is fairly basic, i am adding a trade explorer of my demo account to this,

demo account is copying orders from a live account, so its not a problem , earnings are ratio and percentage wise.

using alpari broker for demo account , and username , investor password is

http://www.alpari.co.uk/files/site_u...MT4_set_up.exe
AlpariUK-Demo - Micro+Classic

615110
njr0cuc

you can copy trades to your account automatically if you want, or manually, your choice

please observe common sense and proper money management.

my money management is - 1 microlot for each 40$ in capital ( i violated my own rule, paying the price for it now!)

hope you all make money

i will just put the percentage in profit/loss daily,

please reply to this thread if you are copying the account, so i can notify you if i am going to change the username in future
and please, also post your profit/loss accounts on a daily basis here too, so i know if someone is making money here.

if you have any questions, please do ask me.

please post related to this forex thread only, don't post irrelevant stuff, go to some other thread for that.
also dont' give unwanted advice here, find someone else to give lectures.

Thank you
  • Post #2
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  • Mar 22, 2014 9:23am Mar 22, 2014 9:23am
  •  Trader05
  • | Joined Dec 2013 | Status: Member | 60 Posts
Hi,
Explain the system to us, please!
 
 
  • Post #3
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  • Mar 22, 2014 6:10pm Mar 22, 2014 6:10pm
  •  I-Robo
  • | Membership Revoked | Joined Feb 2014 | 336 Posts
its a basic MA system design to get busted in choppy markets
I am smart than average trader, I simply copy the best.
 
 
  • Post #4
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  • Mar 23, 2014 12:55am Mar 23, 2014 12:55am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
You are free to wait and watch for the choppy markets, to see if it makes money in that market or not.

The live account that is connected to this demo account, has been trading like this for last 2 years, and it has made 15000 pips profit
so i will take my chances with that

the system as i have seen and explained to me is -

money remains constant in market, it just moves from one asset class in one country to another

he simply follows the return each asset class is giving in major markets of the world. and with this, he has able to trade with a very high degree of success

he has many computers and screens showing risk to reward ratio of each asset class, based on that he is able to see where the money is moving,

that is what he told me. and i dont' know if its right or not, but the setup and the profit i see, + the profit i was able to replicate in my demo account , i WANT to believe him, even if he's lying to me. because he makes $ for me, so called smart money managers don't.
 
 
  • Post #5
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  • Mar 23, 2014 1:18am Mar 23, 2014 1:18am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,428 Posts
Quoting competent123
Disliked
+ the profit i was able to replicate in my demo account ,
Ignored
Profit is what you have in your own pocket. Unless you are trading live, you aren't making any profit.
MT4/MT5 EAs/Indicators/Alerts coder
 
 
  • Post #6
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  • Mar 23, 2014 1:25am Mar 23, 2014 1:25am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
i know, that is why i am going to start copying these trades in my live account from tomorrow as well

hopefully, it will make some good $ for me.

this is a demo account, for you all to copy and pick holes in trades if you like,

i am looking at total return, thats all.
 
 
  • Post #7
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  • Mar 24, 2014 12:36am Mar 24, 2014 12:36am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
a few more trades were closed down, booking profit

it has generated 4% profit in 6 hours ( closing of trades)

hopefully system will generate some more cash today


total equity 2078$ on capital of 10,000$ ( includes floating loss balance) , profit booked is around 2400$ approx, 24%
 
 
  • Post #8
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  • Mar 24, 2014 2:41am Mar 24, 2014 2:41am
  •  midnight
  • | Joined Jul 2012 | Status: Member | 207 Posts
Quoting I-Robo
Disliked
its a basic MA system design to get busted in choppy markets
Ignored
I think it will lose in a trend when it has opened positions the other way. It seems to pyramid losing positions. You will need much more than $10000. Maybe wrong. My system is similar but i dont open another position for at least 300 pips. Anyway i will watch this from the sidelines as im a fan of pyramids.
 
 
  • Post #9
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  • Mar 24, 2014 2:58am Mar 24, 2014 2:58am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
there is a limit of 27 lots right now ( 1 microlot, for every 40$ in capital)

so the positions won't add up, at least not as a pyramid you are assuming it to be.
however, i will surely try to keep an eye on leverage etc being used to make sure, i dont' increase risk.

also, you are just seeing this account , i have seen the live one, it has made over 15000 pips in last 1.5 years approx

so i would take my chances this time
 
 
  • Post #10
  • Quote
  • Edited 8:04am Mar 24, 2014 7:49am | Edited 8:04am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
unfortunately my tradecopier somehow got hung, so it did not copy trades of last few hours
live account itself had added 130 pips today

its working now.
 
 
  • Post #11
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  • Mar 24, 2014 2:39pm Mar 24, 2014 2:39pm
  •  Trader05
  • | Joined Dec 2013 | Status: Member | 60 Posts
Please put a template here. I want to see the way you trade.
 
 
  • Post #12
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  • Edited 1:30am Mar 25, 2014 12:38am | Edited 1:30am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
Ive put the login password of the account you see, and you are free to check and copy it as much as you like

There is no template

anyways

balance profit since start of this demo account - 26% in 11 days ( including non working days)
 
 
  • Post #13
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  • Mar 25, 2014 6:19am Mar 25, 2014 6:19am
  •  Trader05
  • | Joined Dec 2013 | Status: Member | 60 Posts
Quoting competent123
Disliked
Ive put the login password of the account you see, and you are free to check and copy it as much as you like There is no template anyways balance profit since start of this demo account - 26% in 11 days ( including non working days)
Ignored
Then how do you trade? It is a secret or what?
 
 
  • Post #14
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  • Mar 25, 2014 6:44am Mar 25, 2014 6:44am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,428 Posts
Quoting Trader05
Disliked
{quote} Then how do you trade? It is a secret or what?
Ignored
He is not a trader ... he is copying the live trades of a friend.
MT4/MT5 EAs/Indicators/Alerts coder
 
 
  • Post #15
  • Quote
  • Mar 25, 2014 7:03am Mar 25, 2014 7:03am
  •  Inspire
  • | Joined Mar 2014 | Status: Member | 3 Posts
Hi competent123, Alpari Mt5 demo is not accepting login/passord of 599766/t0eathr ? Which alpari demo are you using , there are 4 types..

Thanks
 
 
  • Post #16
  • Quote
  • Mar 25, 2014 10:39am Mar 25, 2014 10:39am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
Quoting Inspire
Disliked
Hi competent123, Alpari Mt5 demo is not accepting login/passord of 599766/t0eathr ? Which alpari demo are you using , there are 4 types.. Thanks
Ignored

AlpariUK-Demo - Micro+Classic

and i tried again, it worked for me, please check that its mt4, and from alpari UK

599766
t0eathr
 
 
  • Post #17
  • Quote
  • Mar 26, 2014 9:40am Mar 26, 2014 9:40am
  •  Inspire
  • | Joined Mar 2014 | Status: Member | 3 Posts
Thanks competent. Its working now.
 
 
  • Post #18
  • Quote
  • Edited 5:55pm Mar 26, 2014 5:13pm | Edited 5:55pm
  •  hanover
  • Joined Sep 2006 | Status: ... | 8,092 Posts
Quoting competent123
Disliked
Those looking for holy grail of forex - this is it ( i hope so, and you decide on that)
Ignored
Holy grail? The Trade Explorer has only been open a couple of weeks, and all of the currently open trades are in red ink. I'll decide after it's been open for a couple of years, if that's OK.

As we can see here, around 33% of accounts on br0ker files show profit. But very few of these traders remain profitable for multiple quarters in succession, as John Forman's research shows. So 1–3 month's trading represents beginner's luck; while 12–24 months' performance, ideally with a minimum of 1,000 trades across changing markets, is starting to show something much more meaningful.

Markets — on any given fractal — go through different phases: ranging (consolidation), then breakout, possibly into a trending phase, then either indeterminate, or back into consolidation. The best that any system can hope for is to maximize its gains during one of these phases, and then avoid losing these profits when a phase that's unfavorable to the system occurs.
 
 
  • Post #19
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  • Mar 27, 2014 12:30am Mar 27, 2014 12:30am
  •  competent123
  • | Joined Jan 2012 | Status: Member | 53 Posts
Quoting hanover
Disliked
{quote} Holy grail? The Trade Explorer has only been open a couple of weeks, and all of the currently open trades are in red ink. I'll decide after it's been open for a couple of years, if that's OK. As we can see here, around 33% of accounts on br0ker files show profit. But very few of these traders remain profitable for multiple quarters in succession, as John...
Ignored

partially correct,

this particular trade explorer is open for 2 weeks, however, the live account i am copying it from, is open for about 2 years, with a profit of 16000 pips.


current open trades are in red, they will always be red, because the ones which go in blue will have their profits booked.
i have used the correct leverage that is why it is at a manageable risk

Regards
 
 
  • Post #20
  • Quote
  • Mar 27, 2014 6:23am Mar 27, 2014 6:23am
  •  FXEZ
  • Joined Jan 2007 | Status: developing... | 970 Posts
Based on the equity curve and trade history it is clear that this is a grid based system that operates on martingale principles. In other words, it is guaranteed to blow out any account over the long term and most accounts over the short and medium term. Any other questions, please see the attached documentary for further clarification of how this blowout will work on your account if you fall for this little con.

Inserted Video
 
 
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