@Laurentziu2 I may consider joining your team depending on the conditions. Here is a private link to my live IC Markets account started with 3000 Euros: url (700+ pips over the past 4 weeks; Monthly Profit% : DD% Ratio = 1.3 : 1)

Trading fund recruiting profitable traders

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Three indicators EA

In my opinion, limiting the EA's running times - in symmetry mode - to hours when certain pairs are "sleeping" would result in much more stable performance with lower DDs. Of course, absolute profit would be lower, but the better R:R ratio would ...

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Not to mention the "ultimate broker trick", when the broker disappears with ALL THE CLIENT FUNDS. See my post in this other active "broker thread": url

My broker closed a trade before hitting my SL

You are funny, Man! Yeah, "your average Forex CEO".... He would be a good candidate for the TV-series of "American Greed", even though he is not American. They could start the episode with this photo: image OR WITH THIS: image

Why do people say brokers steal from traders no matter what?

You are right. Most losing traders can blame only themselves for their losses (the cause of which is almost always over-leveraging). Forex brokers only facilitate the process by their "virtual dealer plug-ins". The "ultimate" trick a broker can play ...

Why do people say brokers steal from traders no matter what?

The only argument for trading Forex is that it is easier and cheaper to experiment on a small Forex account then on a small currency Futures account, where the smallest contract size equals one lot.

Why do people say brokers steal from traders no matter what?

99% of them are crooks. They differ only in what degree they are crooks. Finding the 1% honest brokers is the most difficult part. As mentioned above, it is better to move to the Futures arena and trade with Futures brokers, instead of struggling ...

Why do people say brokers steal from traders no matter what?

According to a Swiss fund manager (who knows Forex brokers better than me, as "due diligence" is main part of his job) practically all trades below 50 lots are "B-booked" by the brokers, i.e. the brokers are betting against 99% of their retails ...

Why do people say brokers steal from traders no matter what?

A year ago I met the owner of a New Zealand based brokerage (by the way: DO NOT trust any NZ-based brokers), who told me that on the yearly Forex Expos there are numerous companies selling the very newest parasite "virtual dealer plug-ins". He also ...

Why do people say brokers steal from traders no matter what?

Just the fact that there is a flourishing market for "virtual dealer plug-ins" (i.e MT4 parasite software to "skin" clients) tells all... There is even one called "Anti-Scalper" plug-in... You can Google it, but here is some literature: url url ...

Why do people say brokers steal from traders no matter what?

I don't have "real proof", but I heard it personally from owners of brokerages and a manager of a large Swiss investment firm. (Some brokers are not even connected to liquidity providers...) Anyway, there is no problem with "B-booking", the fills ...

My broker closed a trade before hitting my SL

Spread widening - i.e. triggering Stop orders - is one of the oldest tricks in Forex brokers' book. image I had my own share of it even with Pepperstone. Since practically everybody is B-booked under 50 lots, brokers can do whatever they want. ...

My broker closed a trade before hitting my SL

@Bauta Another recommendation: 1. It would be a great improvement for the EA if it could decide by itself in which trading style to trade: symmetrical vs. mChannel. 2. To help the EA to "decide" which style to use, the EA could utilize a fast (i.e. ...

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@Bauta I am interested in exploring the scalping aspect of the EA on "sleeping pairs" (as mentioned above), and for that it would be very helpful if a StartHour, StartMinute, StopHour and StopMinute function/parameters could be added. A Max. Profit ...

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Yes, I will work on it and share any promising findings with Master Bauta and all other actively contributing participants of this thread (privately).

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Correct. EUR/GBP should be another appropriate candidate. Although sudden and relatively major moves could happen even on "sleeping pairs" during the Asian session, some retracement - therefore profit - is practically guaranteed. Finding the optimal ...

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Running EG103 022 with agressive "scalperGrid" style might be interesting during Asian Sessions on "sleeping pairs", e.g. USD/CAD. Targeting ONLY ONE winner - with 0.5% TP - per session would result in a healthy 12% profit per month.

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Although I am sceptical about all Martingale strategies, the above BIDIRECTIONAL concept sounds interesting and deserves to be explored and backtested by an EA for the "worst case scenario". Once the "worst case scenario" is known, then parameters ...

Grid & Martingale Expanded

Another SCAMMER!! Welcome to the World of Forex...! Probably it is my last post as 'FunkThatPunk' bans all his critiques... But what the hell...! Anyway, be careful with this scammer who has cought a few good trades and then he was selling his ...

Scalp all the way...