You are right. I should have done that, too. Nevertheless, I think its one's obligation to save others from losing much time by following "discretionary" strategies while THINKING that they were learning RULE BASED strategies. Of course, Udine has ...

DON'T trade Udine's 00 level Strategy

1. I guess, no broker charges "interest" on DEMO accounts, so it helps to clear up whether it is a real or demo account... 2. I am not selling anything. The picture was shown just as a supporting "exhibit". I am happy if it makes me rich and I don't ...

DON'T trade Udine's 00 level Strategy

"But if you think over the long haul, an EA will make you rich? Show me one." Please see above. It is only the showcase account. The real monies are brewing on much larger accounts...

DON'T trade Udine's 00 level Strategy

Anybody who does not believe that a 100% mechanical stategy (i.e. no discretion!) can be consistently profitable, should look at this live account performance chart. I wonder if Udine, or any of Udine's groupies can reproduce the stability of these ...

DON'T trade Udine's 00 level Strategy

Udine has mentioned many times that he has been using discretion. So the first sentence is not true. I have built an EA following the rules 100%. No discretion by the bot. No mistakes. In back and foward tests it was a loser. So I am thinking about ...

DON'T trade Udine's 00 level Strategy

@albchr Honestly, Udine should have mentioned at the beginning of this thread: "Caution! It is a loser strategy. BUT, with appropriate discretionary input, you can profit from it". But he did not, so his comments about doubling his account twice ...

DON'T trade Udine's 00 level Strategy

I support PJ9999's new thread. Simply by following the "rules" of 00 strategy, it is a total loser. I have created even an EA following the rules (incl. news filter, daily max. P&L, etc.) and it was a loser. The strategy needs LOTS of (i.e. TOO ...

DON'T trade Udine's 00 level Strategy

6 losing days in a row. Wow! Not what any of us would have expected... Thanks for taking the time for this experiment, Victor!

The Coin-Flip Theory

Thanks for the feedback to all about preliminary backtest results. I did not mean to find the Holy Grail by backtests, but if a 2-year backtest were a flop, then there would be no sense to run a live forward test. In other words, I would use ...

The Coin-Flip Theory

I think it would be fairly easy to build an EA to backtest Jysticim's and Victor's version of this strategy. I just wonder why both of you guys had choosen the "rocky way" (i.e. live forward testing) to find out its viability, instead of getting the ...

The Coin-Flip Theory

10:30 AM according to Pepperstone's server time. There was a news release, so slippage was expected, but not 200+ pips which slippage has remained invisible on ALL charts. In other words the fill price was 200+ pips away from their (and other ...

Looking for a new Forex broker, simple help needed!

It was an 8.9 lot order. So you can imagine the loss this slippage (which was actually 200+ pips) has caused. There were other accounts running the same strategy at the same time with similar lots sizes and those accounts saw very minimal slippages, ...

What IF you have a Holygrail Automated System?

July 10th, 2014. USD/SEK.

Looking for a new Forex broker, simple help needed!

PEPPERSTONE has just slipped a market order by 200 (i.e. TWO HUNDRED) PIPS! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their charts. Pepperstone's official response: "This price was a lower tier offered by ...

Best Broker for Extreme Scalper - When Spreads Matter

PEPPERSTONE has just slipped a market order by 200 (i.e. TWO HUNDRED) pips! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their chart. Pepperstone's official response: "This price was a lower tier offered by ...

Broker recommendations?

PEPPERSTONE has just slipped a market order by 200 (i.e. TWO HUNDRED) PIPS! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their charts. Pepperstone's official response: "This price was a lower tier offered by ...

Want to know the best Broker: Fxpro, FXopen or any other?

PEPPERSTONE has just slipped a market order by 200 (i.e. TWO HUNDRED) PIPS! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their charts. Pepperstone's official response: "This price was a lower tier offered by ...

Looking for a new Forex broker, simple help needed!

PEPPERSTONE has just slipped a market order by 200 (i.e. TWO HUNDRED) PIPS! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their charts. Pepperstone's official response: "This price was a lower tier offered by ...

What IF you have a Holygrail Automated System?

I would have added Pepperstone. But... They have just slipped a market order by 200 (i.e. TWO HUNDRED) PIPS! Seriously. It was a devastating loss. The 200 pips spike had never even showed up on their charts. Pepperstone's official response: "This ...

Name forex brokers that you have withdrawn from > 2 times?

@UDINE I think many many people would be interested to pay (50-100 USD/month) for a Trading Room membership where Udine's trades would be announced in advance with some commentary why some "rule based" trades would NOT be taken. This idea and ...

As simple as possible: 00 level trading