Guys I sent Mark a PM to share his thoughts via email or the forum, lets see what he comes back with
It doesn't surprise me, all the whingeing that's going on. I think there are a lot of new traders here thinking they bought the holy grail. If I risk 5-10% or even more I'll be a millionaire in 2 years. Get real guys. FMT is a reasonable system and as has been said, is sold as a manual trading system with an ea thrown in for free. I admit I use the ea as I don't like early starts. If you have a plan and use sensible mm with low risk you shouldn't have a problem. Drawdown should be managed with low risk. If you can't manage or stress out about drawdown then you shouldn't be trading. Go and buy a lottery ticket instead. It's much less stressful.
Agreed!
Marc has just emailed to say there is another change to the parameters of the FMT system. Basically he says ditch the EA and manually trade at 615 - if the indicators say go long... go short. And vice versa. I have every confidence in this adaption now.
Time will tell. You wont know it has stopped working until you have lost most of your funds. Lets face it this system relies on a continuation of the Asian session but this is not happening, pull up a 1 hr chart and look yourself.
Marc has just emailed to say there is another change to the parameters of the FMT system. Basically he says ditch the EA and manually trade at 615 - if the indicators say go long... go short. And vice versa. I have every confidence in this adaption now.
Marc has just emailed to say there is another change to the parameters of the FMT system. Basically he says ditch the EA and manually trade at 615 - if the indicators say go long... go short. And vice versa. I have every confidence in this adaption now.
Marc has just emailed to say there is another change to the parameters of the FMT system. Basically he says ditch the EA and manually trade at 615 - if the indicators say go long... go short. And vice versa. I have every confidence in this adaption now.
Truly,
I have not received the referenced email.
I assume that you are joking, personally, I find it is rather bad taste!
C'mon guys! I trade 4 different EAs on London open and all are losing with the market going against their previously reliable indicators. It is not the systems; it is current market conditions. FMT is a good system, as are the others. Cut your risk, trade demo and wait it out.
That's what a cool, level headed, professional trader does