Go Back   DailyFX Forex Forum | FX Forum

View Single Post
  #287 (permalink)  
Old 10-01-2009, 04:19 PM
Jeremy Wagner's Avatar
Jeremy Wagner Jeremy Wagner is offline
DailyFX Course Instructor
 
Join Date: Sep 2008
Posts: 660
Jeremy Wagner is an unknown quantity at this point
EURUSD system

Quote:
Originally Posted by marin.dinev View Post
Dear Jeremy

my name is Marin and I am new to forex trading and a few days ago I was reading your review on automated trading and you mentioned that wealthbuilderfx-striker EUR/USD is very good trading system but when I found it , it showed diffrent MaxDD and RAR lower of what it should be for a good trading system. Aslo I would like to know why the systems does not close at highiest pips but most of the time lower number. English is not my first language so exuse me if it not very clear. thanks
Hi Marin, I think your English is clear.

I haven't touched the WealthBuilders EURUSD since Dec 2008 or given it a formal review since Oct 2008. Your post made me curious to check it out as it has not been on any of my filters for quite some time...and I can see why. It certainly has been struggling.

If you are looking for a EURUSD system, consider the DBSwing EURUSD. It has only 2 max positions and has been trading since June 2008. Press HERE for the most recent review on it.

Its RAR has been solid with no significant draw downs thus far. Of course, that could change at any moment.
__________________
Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information

*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.

Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 12:35 AM.
Copyright ©2009 Daily FX. All Rights Reserved.