Hi
Would like to start thread with live account details .... please provide following

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Ok
will be first to post account details

(Link removed)
Trading system/EA: manual scalping strategy on EUR/USD pair , EA-FXProMaker , FAP
Account type:mini
Trading Pairs: EUR/USD , EUR/GBP , USD/JPY
Indicators: EMA 5/10/100 , Fractals

trading EA on pair EUR/USD and USD/JYP .and EUR/GBP... only 1-2 hrs during Asian session .... minimum drawdown
if trading 24hrs drawdown can be very large ... got couple margin calls (2) trading 24hrs , if have a large equity should not be a problem
EUR/GBP - don't trade much anymore because of spreads during these times

trading manual EUR/USD - trade between 3am - 11am est ... 5 min chart ... look for breakouts (approx. 15pips per) , SL 20 pips
trading manual EUR/USD - asian session ... look for range , set support resistance , trade the bounce (approx. 15pips per) SL 20 pips


will not be trading again until monday 4.6.2009

wasn't aware I couldn't add links, will add link my signature.

MT4 stats can be a great way to legitimize your trading system or EA, it's unfortunate that not all EA's allow MT4 stats to be posted in the name of their product..

Just as well MT4 Stats are independent of the EA's owners and you can put what ever name you want on the MT4 Stats and just say this is my live account showing my trading style.

GP

Fapturbo
.... after hitting SL 112 on EUR/GBP pair I have adjusted SL settings to 27 ... will see how this works out ... Why 27 ... got info. from member of fapturbo forum. will try this and see results

Note: Live account for forum did not take trade that got stopped out ... was on other live account, but settings adjusted on all accounts.

I have taken it one step further, i look at the 4 pairs that FapTurbo trades about 30 minutes before FapTurbo starts taking trades and i only turn on the pairs that i think have a great trade setting up on the charts, like today i liked what i saw on the USD/CAD and adjusted all the other pairs offset to later on in the day and only let USD/CAD switch on and result was:

775219 2009.04.27 23:00 sell 0.24 usdcad 1.2205 2009.04.27 23:44 1.2188 $47.19

Plus 17 pips, it then put a buy on straight away which i was not happy about, monitored it on my charts for a while and decided to close it manually and adjust offset so it wouldn't trade again:

775555 2009.04.27 23:44 buy 0.22 usdcad 1.2188 2009.04.27 23:52 1.2194 $15.28

I did get caught out a couple of hours later as i forgot to readjust the offsets in all the pairs and it switched back on and took a trade with the EUR/CHF, (i don't like this pair much and have the risk turned way down as you can see in the lot size compaired to USD/CAD) i didn't like what i saw on the charts and got out as quick as i could.

776108 2009.04.28 01:32 buy 0.16 eurchf 1.5055 2009.04.28 01:51 1.5058 $5.86

So i guess what i am saying is if you have been trading for almost 4 years junglist00 you may be able to take a little bit more control over the robot and use it as a tool.

Here are the live stats of those trades: GoMarkets Live Standard Account

GP

I hear you GP, but if i do this ... then might was well trade manually. I want to get it to point where I can leave EAs and it generates 10-20% monthly with no user intervention. I think this is possible with Fapturbo and Megadroid as they trade low volatility/ranging conditions .... you can always get that in the Asian session.

Well after having a good think about it, i decided to ask for a refund from FapTurbo as i am not willing to baby sit it and if i don't baby sit it i think it has the potential to do massive damage to my account.

As for what you said about the Asian session, i believe that is why FapTurbo can damage your account, it only takes a couple of bad days where it trends in the Asian session and your account is in tatters because it tends to have big loss's compared to it's wins.

It does not stack up to the claims that have been made about it and i could never recommend it to anyone.

It doesn't matter how many winning trades you make if you then have 1 or 2 bad ones and almost lose your account.

GP

Well, I still have a couple of bucks more faith in fapturbo, plus i am pass that point of no return.

WHEN ALMOST IS NOT GOOD ENOUGH

So i added fapt on usd/cad to give it a try ... opened a buy when .... , so I open a sell (May 15th ... won't be able to hedge if on NFA brokers) ... price hit stop for fapt , then retraced just hit my stop ... then went down for 100+ pips by next morning ... just a case of my stop being a bit to tight .... so ended up losing twice....

FapT ... will only be trading eur/gbp (1 trade, 20-23GMT, spread max 5) , eur/chf (20-24GMT, spread max 5) , been getting decent results from long term eur/usd ... so will continue testing that , won't add it to my gallant account as yet due to account being standard and equity cannot handle long term SL ,
going to also look at the MA feature in scalper.

Fapturbo have been getting lots of bad reviews lately and rightly so, but there is a reason i still have their affiliate link up .... 1. I haven't blown by account with fapturbo


For newbies to this trading arena ... there is a saying that you will find in most if no all forex book/course .... and this is 'Plan the trade and trade the plan'
This does not only applies to manual trading ... you got to understand how ea works, read documentation, ... don't just drop this S**T on a live account and think its going to make you millions .... think about loss preventing before profits ...

With that being said ... all the pairs traded by fapturbo have a pre-determined STOP LOSS ... think about MONEY MANAGEMENT ....
100% Equity ... 100(1%) , 10(10%) ... if you don't understand what this represents ... don't trade live account ... LEARN

Now there is this new ea FOREX-MEGADROID ... while i am very impressed with the results I have not run on my accounts from more than 1 month ... so I don't advertise ....

You need to go and read the FapTurbo website again, they say things like "100% hands free" "set and forget" "extremely low drawdown" well there is noway that i was able to set and forget it and as you have just stated, you have to plan the trade and trade the plan which for a newbie defeats the purpose of buying a fully automated robot, i'm sorry but the reason it has been getting a lot of bad reviews is because it just doesn't stack up to what it claims.

GP

That's true ... But if you can show me an EA that stacks up to their claim (been on market for more than 6 months)... i would purchase it today ....

To be honest, this is a risky business ... and newbies shouldn't be trading live accounts ...
Demo account does not give you true results but its a way to understand how the ea work, or how a trading system works ...

I don't want to give falls hope, but an ea can double your account every month for 3 months and blow your account the next day ...

I know fapturbo won't blow my account, it still have to be fine tuned

I have lost a lot in this business

Basically, what I want to get across is for newbies to do their due diligence .... if you are fortunate enough to double you account with any ea ... take out all your profits and play with the house money ...

Regarding original thread name, anyone can use for free a monitoring service like one in my signature.

torquemada, I would suggest an even more advanced service (also free) called www.myfxbook.com, the stats you get there are amazing.

Indeed look very nice.
www.myfxbook.com has better looking interface, but as statistics provided is about the same. signalcopy look to have more filtering options and configurable graphs and it seem to be improved often...

Yes I agree signalcopy has more filtering options, but browsing through the systems at their website, I would say the stats are less then readable, and not user friendly at all.

Also not sure if signalcopy is getting improved quicker as myfxbook are online for only one month and you can see the features they have added in one month only in their blog blog.myfxbook.com - they're pretty quick I would say.
I guess it's a matter of taste..

Regards,
Brian.