John_Law

Joined May 31, 2015

Connections: 0

Experience: More than 5 years

Location: Netherlands

Profile

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Systems by John_Law

Name

Gain

Drawdown

Performance

EURUSD Tops N Bottoms

Real

1:500

MetaTrader 4

+104.42%

7.14%

Recent Posts

My Experience so far with Forex and EAs

I am looking at Xaroon EA on a demo account, as I'm far too afraid to be trading a Martingale system on a real account ;-) Won't it blow up in the end? But maybe you can convince me - so can you tell me what settings you are using on your EA? (Lots? vs account size, TP?, SL? , any trailing stops ...

1310

Sep 02, 2015 at 11:52

My Experience so far with Forex and EAs

Interesting to see your results. I know the coin-flipping Martingale system is fundamentally a no-go (you would need vast resources, see Wiki for the maths or Investopedia here https://bit.ly/1Urfcj1 ) ... ... but still... somehow your account grew err... "considerably?" :-) Well done, very nice....

1310

Sep 02, 2015 at 11:36

Question on reporting commissions

In my history it is indeed one line per commission charged (round turn = 2 lines). So I guess I am indeed f*ck*d. Since I guess at that point the fingerpointing between MT4 and the brokers starts : "you did it wrong! No - you did it wrong!" - leaving customers with the stupid end result :-( It's...

1159

Aug 27, 2015 at 12:51

Question on reporting commissions

Thanks for your reply. I contacted FXCM about it. They told me, this is a known issue with MT4 and should be solved within MT4 itself. Would that be something being taken care of, as far as you know? By now my FxBook stats look like these: due to the deduction of all commissions from my initial "...

1159

Aug 27, 2015 at 08:58

Question on reporting commissions

Hi there,I'm new to MyFxBook. Maybe you can help me out on this one.I hooked up an account to my MetaTrader4 - works just fine. I am trading with FXCM on commission.When looking at the performance reports, I noticed that :- the reported gain is the GROSS gain BEFORE commissions- so is the %Gain- ...

1159

Aug 26, 2015 at 21:09

John_Law's Reviews

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845