. Also dubious on the creator changing the time to 6:15am. It signified a loss of faith in his own system.
I would say it signifies an improvement to his system. Do you really think He would change without proper testing. I think He covered 2 years at least.
'Rome was not built in a day'. Pretty much every setting on this forum shows LONG Term profits. Its not about this week or last week. Its about next year this same time or 6 months down the line, or 2 years from now.
Every Strategy is struggling at the moment but 4 or 5 montsh down the line -- those that persisit will be rewarded.
I totally agree with you. As the market changes, so must we. This is the reason many EA's go by the wayside...they cannot or will not change with the changing markets. Mark has done all the testing and I know that it completely sucks with losing trades, but as I remember during Christmas, how it was and those that did stick with it, were rewarded in February. With all the people on this forum with the knowledge that we all possess, the tide will turn my friend!I would say it signifies an improvement to his system. Do you really think He would change without proper testing. I think He covered 2 years at least.
'Rome was not built in a day'. Pretty much every setting on this forum shows LONG Term profits. Its not about this week or last week. Its about next year this same time or 6 months down the line, or 2 years from now.
Every Strategy is struggling at the moment but 4 or 5 montsh down the line -- those that persisit will be rewarded.
What % risk of your account are you using?
... I think Mark F is the only one who can change a post to sticky, and he's probably a little hesitant to allow others settings to "influence" his reputation/sales... QUOTE]
Hi shaunk, I do not think any improvement on the system could influence in the Mark's reputation/sales.
I think any small improvement we can do on the FMT system will just show the quality of the Mark system: flexibility, stability, etc... and I hope this causes more people like the system which represents an increment in the sales.
Just my opinion
Cheers
Hit SL (38) on a live trade on HotForex. My record with FMT is now seven losses and one win, but I'm going to let it run for the next couple of days anyway - I really want to give this system a chance.
Which settings are you using? I did not know that any had 7 losses in a row.
Lady Forex
So, upon these calcualtions, is it possible to suggest that not trading on Wednesdays could produce a greater profit? If this is true then we could add another "don`t " to the list.Hi, it was discussed days ago about which day of the week is more profitable than other, here I do a small analysis about Wednesday and Thursday.
Data based on set Desert 615 (38/38/27/5) in 2011.
Trading days on Wednesday: 15 - Win rate (including BE): 46.64%
Trading days on Thursday: 14 - Win rate (including BE): 100%
Pips per day:
Mon: 53 pips
Tue: 200 pips
Wed: -137 pips
Thu: 433 pips
Fri: 172 pips
Total: 721 pips
This total means a profit of 37,95% if we were risking 2% per trade.
In case we were not trading on Wednesday, the profit goes to 45.16%.
Finally, if we double the lot on Thursday without trading on Wednesday, the profit reachs 67.95%!
Cheers