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Multiplying 140x the balance of a live account in 30 hours

  • #221
  • Mar 18, 2016 9:04am Mar 18, 2016 9:04am
Quoting astondbs
If only I had a broker that doesn't charge any commission nor spread. Good life
Use options if this is what you wish...

Currently EURUSD variable spread is under 0.8 for serious brokers and 1 pip for fixed spread. If you are trading with a higher spread, you may be paying too much and you will be in an unfair position if you want to scalp.

This broker has an average spread for EURUSD as shown below, but you can still find better, if this is your main request.

Please note that this journal is about the report of Thursday march 10 event. I wonder why it is turning to broker discussion. If (when) I wanted it to be the case, I would have opened it in the broker section.

It happened that I was trading this account during the announcement when I decided to compound my winnings.
It could have been any other of my accounts, with any other of my brokers or of the markets.
Broker is irrelevant in the discussion. Such strategy can be done with any broker that meets its requirement.
As already mentioned, I have used this technique successfully for years with many brokers. I did withdrawals with no problem.
I could have shared an older statement, and skeptics would have found as always 100 reasons to whine.
I decided to share my newest in order to allow you a unique experience: follow live trades in live account.

If this was useful for someone, I will be glad.

I was hoping a more sensible discussion, unfortunately seems it is still not the case, cause some frustrated traders are turning round the subject instead of digging within it. I think I lost enough time repeating same things, neglecting many pm and other duties.
Sorry for that.

I will be less posting, waiting for the poll results. Report will not stay forever. Take whatever you would like from it as long as it lasts.

Meanwhile, new thread rules in the next post.

Good luck to all
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  • #222
  • Mar 18, 2016 9:18am Mar 18, 2016 9:18am
Quoting Kilian19
Without having read more than 2 pages on this thread: {quote} Common sense is the key term here. Why should a broker pay out horrendous amounts of money if they neither make anything by spread nor commission. Look at all those 3 second trades it's unrealistic that they covered the spread and additionally a few pips for his profit. Either this is or it comes down to latency arbitrage which even hurts the broker and is banned by every company out there. This trading is considered toxic order flow because the broker is not able to hedge such short...
Quoting fxenthusiast
Hi Haniam, can you share a template for trading your strategy...
Quoting desiboy
so what is the broker name
Quoting brian.jer
{quote} Please dont fool yourselves and other new traders, you are using latency trading... You should have some honor and shut up instead of keeping blabbering around like that.
Some questions and repetition are starting to seriously spoil this thread.
In respect for traders that are sick form repeating the same every few posts, I will have to be harsh.
We should move the discussion to a higher level, or else just stop it.

Here are from now on this thread posting rules.

1- All positive (constructive) critics are welcome in this thread.
2- You need to read every single previous post before creating a new one (at least mines). You will most of the time find an answer to you questions or objections.
If you will not bother reading, do not bother posting. I will not bother anymore replying to you, or even deny you from doing any further post here.
3- Before using terms make sure you understand them. Use google to find the correct meaning of what you are thinking of.
4- Do not ask newbies questions. You can find an answer all over the Internet.
5- If you doubt about the general benefit of your post, send me a pm and I will tell you. (be patient a bit)
6- Be respectful, even when you disagree..
7- At the end of the poll, members that has already posted but have not voted will be ignored.
(Denied from new posting)

I may at my own discretion deny posting for members who I find not respecting these rules (and thus other users).

Thank you for your understanding.
  • #223
  • Mar 18, 2016 9:24am Mar 18, 2016 9:24am
thanks Haniam, may I know when the poll will end and you share some tips on your successful scalping technique please? :-)
  • #224
  • Mar 18, 2016 9:32am Mar 18, 2016 9:32am
Quote
I wonder why it is turning to broker discussion
Because your broker, CaesarTrade is a well known scam broker. And you are not the first person who used arbitrage trading with CaesarTrade with insane profits to lure newbies.

And I challenge you to withdraw profit with this account. If you can withdraw, I will publicly apologize you for calling you a scammer, then I will never return to this forum again.
  • #225
  • Mar 18, 2016 9:32am Mar 18, 2016 9:32am
Ok guys, after some google queries i've found the broker the op is using is Caesar Trade (as somebody did already mentioned before!).

Looks like (just my light opinion formed solely by looking their website, so don't take what i'm writing for absolute truth) it's a small market-maker broker, who like to offer 400% deposit bonus (???) and is headquartered to the Seychelles islands (...).

I will open a demo acct there and see what's going on..
  • #226
  • Edited 10:01am Mar 18, 2016 9:41am | Edited 10:01am
Quoting tunera
Ok guys, after some google queries i've found the broker the op is using is Caesar Trade (as somebody did already mentioned before!). Looks like (just my light opinion formed solely by looking their website, so don't take what i'm writing for absolute truth) it's a small market-maker broker, who like to offer 400% deposit bonus (???) and is headquartered to the Seychelles islands (...). I will open a demo acct there and see what's going on..
Ahahah... ok...

The CT feed have clearly latency issues, it's kind of 1/1.5 seconds delayed compared to fxcm (enough to make 1million% profit everyday).
I guess during high volatility times this delay is even more.

I guess this is it, i wonder why the op have always denied the latency thing, what's the point?

Good luck anyway.
  • #227
  • Mar 18, 2016 10:40am Mar 18, 2016 10:40am
Quoting tunera
{quote} Ahahah... ok... The CT feed have clearly latency issues, it's kind of 1/1.5 seconds delayed compared to fxcm (enough to make 1million% profit everyday). I guess during high volatility times this delay is even more. I guess this is it, i wonder why the op have always denied the latency thing, what's the point? Good luck anyway.
so it's arbitrage trade?
well, look at the fpa review the broker not recommended.
So haniam, already try to withdraw profit? may the broker not cheat on you.
Risk comes from not knowing what you're doing.
  • #228
  • Mar 18, 2016 11:04am Mar 18, 2016 11:04am
may I kindly suggest that IF it is as you said and you can virtually trade this way at any broker, then just set up shop with a more reputable/known brokerage, thus this broker issue will simply go away from the thread for once?

(btw, I agree with all comments about CT isn't in the above mentioned reputable, trusted category.)
there is always, always another trade!!
  • #229
  • Mar 18, 2016 11:27am Mar 18, 2016 11:27am
Quoting dragonexpert
{quote} so it's arbitrage trade? well, look at the fpa review the broker not recommended. So haniam, already try to withdraw profit? may the broker not cheat on you.
I think so, i had an EA to do arbitrage but unfortunately i've deleted it years ago.

However, i tried to do it manually right now (fxcm on left side of monitor, ct on right side, one-click trading), it's pretty easy also manually.

Basically you see on the left the fast broker, eurusd go up of 2-3 pips for example.
On the right, no move.. you have 1 second to click buy (i've noticed sometime it's even more, like 5-10 seconds).

After one second, eurusd on the right (ct broker) go up 2-3 pips as expected, you immediately close the trade.

100% profitable, 0 risk!
Use high leverage, and you can turn 200usd into 80k in a few days.

Of couse nobody is going to give you 80k that you made this way, especially an unregulated broker headquartered on a caribbean island that have huge feed-latency issues.

I want to be clear here, i've nothing against caesar trade and i believe that they may be a very legit company that make a very legit business, me myself i stay as far away as possible from dealing-desk brokers (aka bucket shops, aka bookmakers, aka whatever you want to call them), but this doesn't mean that they don't do a legitimate business (well.. if you cheat as a client, you stay on the wrongful side of the business).

Edit:
P.s. to haniam: i hope my posts don't sound rude, you looks like a good trader with a long-time experience and you got all my respect.
I would love to hear from you about having great results by scalping on a real ecn legitimate broker, that would be a very fascinating and enlightening thing for me to follow you there and learn how to do it from you.
  • #230
  • Mar 18, 2016 11:46am Mar 18, 2016 11:46am
Quoting dragonexpert
{quote} so it's arbitrage trade? well, look at the fpa review the broker not recommended. So haniam, already try to withdraw profit? may the broker not cheat on you.
Regarding arbitrage trade answer these question
1) how "short" trades (timeframes) are to short so the trader is designed to manual execution?
2) Is any defense against it?
3) I found no statement in the broker's documents in the sense "you must not trade to quickly". Please give me some ling where is this "forbidden technique" described in more detail (where is clearly stated that "this" and "this" is explicitly forbidden).
  • #231
  • Mar 18, 2016 11:51am Mar 18, 2016 11:51am
Quoting haniam
{quote} Use options if this is what you wish... Currently EURUSD variable spread is under 0.8 for serious brokers and 1 pip for fixed spread. If you are trading with a higher spread, you may be paying too much and you will be in an unfair position if you want to scalp. This broker has an average spread for EURUSD as shown below, but you can still find better, if this is your main request. Please note that this journal is about the report of Thursday march 10 event. I wonder why it is turning to broker discussion. If (when) I wanted it to be the...

thanks Sir
  • #232
  • Mar 18, 2016 12:52pm Mar 18, 2016 12:52pm
Quoting maximumguita
I dont get it, what is this Thread about??? Its called: Multiplying 140x the balance of a live account in 30 hours and not: Look, i have Multiplyed my account 140x in 30 hours
well said.

I don't get why you even need a vote on the first page. Just be transparent or close this thread. Pretty pointless at the moment.
  • #233
  • Mar 18, 2016 1:18pm Mar 18, 2016 1:18pm
7- At the end of the poll, members that has already posted but have not voted will be ignored.

May i ask you why you decided for this rule?
(.)(.) think first ...
  • #234
  • Mar 18, 2016 1:21pm Mar 18, 2016 1:21pm
You have just to wait...Haniam say he will explain how he trade. He have already say it's not arbitrage... so wait.
  • #235
  • Mar 18, 2016 2:44pm Mar 18, 2016 2:44pm
Quoting Gregv
You have just to wait...Haniam say he will explain how he trade. He have already say it's not arbitrage... so wait.
Thats true, please guys read all the post and be patience like he said. Please vote and wait, is easy. Good rules haniam.
  • #236
  • Mar 19, 2016 8:17am Mar 19, 2016 8:17am
First want to thank you for the thread you started and I hope you can ignore all the people there for those of us who want to learn. Allthough the negative one's are loud they are only a fraction of the people viewing.

What kind of charts do you use during those scalping sessions?
Are you on tick, seconds or 1min.


I also would like to mention since few people on the thread are so negative and also since you haven't done it frome this broker, that withdrawing a lump sum of the profit might silence them and also good you to know if the broker is going to play hard ball.

Best regards
  • #237
  • Mar 19, 2016 7:46pm Mar 19, 2016 7:46pm
Looking forward to learning the strategy!
  • #238
  • Mar 21, 2016 10:28am Mar 21, 2016 10:28am
Ok we waiting...
  • #239
  • Mar 21, 2016 11:28pm Mar 21, 2016 11:28pm
this is the end?
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #240
  • Mar 22, 2016 7:59am Mar 22, 2016 7:59am
Quoting maximumguita
7- At the end of the poll, members that have already posted but have not voted will be ignored. May i ask you why you decided for this rule?
In trading, if you wanna make money, you need to take a position...
Who wants to watch will still be able to, but he would not be taken into consideration in the market, neither his further comments in this thread or related ones.

Quoting chiche
Ok we waiting...
Indeed waiting...

Quoting SingaFX
this is the end?
You all can still vote.
Poll will end tomorrow Mar 23.
Don't know at which exact hour.

For the time being, seems scam partisan need assistant... Any volunteer?
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