cenetti

Joined Apr 26, 2015

Connections: 0

Experience: More than 5 years

Location: United States

Profile

Trading style

Long Term Growth

Motto

Make Money!

Systems by cenetti

Name

Gain

Drawdown

Performance

FXMonkey-D

Demo

1:50

MetaTrader 4

+160.24%

59.01%

Recent Posts

FXMonkey-D

All manual swing strategy. One trade at a time. Low DD, high % winners.

950

Jun 29, 2015 at 07:01

Demo vs Real.

Emotions and human psych plays a role if all you play is unrealistic amounts of demo money with very high leverage. Open a $1000 demo account 50:1 - see how far can you get. Of course you can't duplicate the same performance with real money when your demo account has 1:500 lev with $1,000,0000 ba...

3130

Jun 21, 2015 at 10:02

What do you think about this EA?

70% DD... 😲Disaster waiting to happen...

1313

Jun 20, 2015 at 10:57

EA that actually works

No EA will work month after month, year after year. There is no such thing as 'set and forget' it makes money itself. DOESN'T EXIST!May work for a while but it won't last... guaranteed!Now that doesn't mean EAs are bad and useless. They are great "companions" to manual trading.

12914

Jun 20, 2015 at 10:57

Automated systems with 95% profitability - can this be true ?

DD is the most importing parameter on a performance sheet. Trader could have 100000% Gain with 100% win but usually with over 40- 50% DD. That's a disaster waiting to happen. That's a clear indication that the trader is keeping his losing positions open in a high leverage account. Ask yourself wh...

7061

Jun 20, 2015 at 10:56

cenetti'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	1.15944	GBPUSD	1.35462
USDJPY	159.569	USDCAD	1.38938