Newbie: Does this system look ok to you?
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thread: Newbie: Does this system look ok to you?

  1. #1
    Member mihai's Avatar
    55

    Newbie: Does this system look ok to you?

    Hello Men,

    A friend have created and analyzed a AE for more than a year on play money.
    We put some real money in it to continue testing with little size USD account but once its actual money its appealing to monitor etc..
    I just managed to bring the machine here

    http://www.myfxbook.com/members/stoko/audistoko/871459

    (I hope this form of links is enabled)

    My general question is: Can you think this system appears ok concerning data up to now? I am unsure what way to examine it. .
    Any thoughts are greatly appreciated!

    Thanks!

  2. #2
    Member mihai's Avatar
    55
    That was my 1st account where I broke 500usd 4-5 decades back and stopped looking at forex
    Until annually. . Anyways that is not the point I never claim I know anything about forex!!!
    If I knew forex trading good I wouldn't ask straightforward questions.


    Pity that nobody has an idea of if a system is good just by taking a look at the information!
    How can you guys make money if you cannt analyse simple data???
    If a person post his poker information with overall stats about his game I would be able to make at least straightforward decisions!

    Anyways I will look for a means to get into data analysis by myself. .

  3. #3
    Member mihai's Avatar
    55
    quote Your document look's good,just foward you det ups ,therefore we can choose a luke ,to see if is real,recall ,new info is always welcome,thank's, happy trading
    thanks!
    What do you mean by just foward you det ups ?

  4. #4
    Junior Member Noroxn's Avatar
    22
    Inside this FORUM and in FOREX Business, individuals will let you know exactly what you wish to hear...

    Unfortunately for you, I will inform you the facts, and you'll dislike me because of that, or maybe try to ignore me.

    There's not any such thing as a system in FOREX, because you can't forecast the future, thus you're are constantly gaming.

    FOREX because we understand it, is pure randomness. This isn't a science. However, it has been demoned over and over again, dependent on countless evaluations and on mathematical studies which LONG TERM you'll always drop in a gaming based business. PROOF based on PhD studies.

    So, if you still think there is a system, go ahead. However, you'll lose your hard earned cash in the end.

    People, people do not like to listen to the facts about several things.

    If you create a story and let them know you saw an ET and also an extraterrestrial UFO about the sky, everyone will like you and also will be interested to learn more...

    The day you inform them which UFOs never ever came to ground, because the nearest galaxy with potential intelligent life is countless light-years away in the world, that day they will dislike you. People prefer to hear that UFOs come all of the time and that there is a possibility of Close Encounters of the Third Kind. (Go figure, there is some innocent guy nicknamed ALIEN inside this forum. There you have it.)

    The exact same happens with FOREX, they wish to BELIEVE it is likely to MAYBE one day loe the SECRETS to earn money with FX, or possess the So called EUREKA Moment to become profitable. That is never going to happen for a RETAIL FOREX TRADER a.k.a GAMBLER.

    People WANT TO BELIEVE...

    All said.

  5. #5
    Member mihai's Avatar
    55
    Great reply!

    I won't ignore you and I shall always take into account that in the end I will lose it all. Thats why I will only play with money I'm not afraid to shed or money that I'm ready to gamble. . I made pretty good money playing poker for approximately five decades and I understand whats losing and winning look like

    The so called system relies on the randomness of the transactions has some not too intrie logic around it. It functioned for more than one year on play money account and made a few nice profits. I understand back functionality is not prove for future but at least its some small indior that its not pure shedding all of the time system.
    I call it system because its a software system. My buddy that did it can developer pretty great, I'm a developer too and I am used to call apps - systems hehe.

    Its great to hear more opinions although 3 weeks of trading is nothing so possibly I was a bit too premature with my overall question of what do you think about the functionality based on the current data. . Maybe should wait till the close of the year and ask again. . We'll see. .

    thanks for you time!

  6. #6
    In case you have a system that's making profits then the only way forward would be to check it. Manage risk carefully and you'll have it.

    It isn't true that nobody works. It is likely to consistently earn money in forex. It is only that the great traders leave this website well alone since it's filled with individuals who won't do the job and loonies. Both these groups will tell you it's not possible since they can't do it.

    Probability is the title of this sport, not gambling. Money management is how probability stacks up.

  7. #7
    In this FORUM and at FOREX Business, individuals will let you know what you wish to hear... Unfortunately for you, I'll tell you the truth, and you'll dislike me because of that, or perhaps try to dismiss me. There's absolutely no such thing as a platform in FOREX, because you cannot forecast the future, so you're are always gaming. FOREX as we understand it, is pure randomness. This isn't a science. But it's been proven over and above, dependent on countless tests and on mathematical studies which LONG TERM you'll always lose in a gaming based business. PROOF...
    Issue today is...
    are you currently an Institutional trader, retail trader, or and is FOREX and FOREX FACTORY a BLOODY WASTE OF TIME: if it's why do you bother, then if you on the flip side understand how or several ways to profit why not fill us in?

  8. #8
    Junior Member irch's Avatar
    21
    If you've got a system that is making profits then the only way forward is to check it. Manage risk attentively and you will have it. It's not true that no system works. It's likely to consistently make money in FX. It is just that the great traders depart this website well alone since it's filled with people who will not perform the work and loonies. Both these classes will tell you it is not possible because they can't do it. Probability is the name of this sport, not gaming. Money management is the way that probability stacks up.
    Bai, good words on that previous article. Naysayers are everywhere. Ignore them and keep studying.

  9. #9
    Junior Member Jpm742's Avatar
    13
    quote thanks! What do you mean by just foward you det ups ?
    Details set-ups of your system.
    thank's

  10. #10
    Member mihai's Avatar
    55
    Hm no I would like someone to check at the information without knowing the actual set-up and create some conclusion based only on the data.
    When the set-up is explained it won't be pure data analyse and what I am looking for is information analysis of their current outcomes.

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