Super Money Grid

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Quote from ElectricSavant:

How do they get away with that?

ES
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ES,

I would contact them directly. I know Mer over on FF just opened a live account with FinFX to trade his system and he is in the US. Citifx told me over the phone (maybe because the are a bank) that it is allowed with them.
 
The US regulations are so FU&%*d up....How is that fair to the other Forex dealers in the US?

Also..

Why can the rest of the world trade with leverage except for US residents?

I have never seen the condition of regulation so unfair and unbalanced before in the USA. It seems that Citi is getting special treatment.

ES


Quote from LCFXTRADER:

ES,

I would contact them directly. I know Mer over on FF just opened a live account with FinFX to trade his system and he is in the US. Citifx told me over the phone (maybe because the are a bank) that it is allowed with them.
More...
 
Quote from ElectricSavant:


  • Try this out on Cable with the settings I posted in this thread somewhere.
  • Consider ET your favorite place to come and read, share and chat about your good fortune.
  • Vote for Ron Paul.
Good Trading to you.

ElectricYouMustBePatientToTradeSuperMoneyGridSavant
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Haha I like the "vote Ron Paul" thrown in at the end . Funny that Ron Paul is good Friends with "the guy with the lisp"
 
Start Capital: $2,000.00
# of Calendar Days Traded: 15 (Start = 12/29/11)
Profit: $72.18
Float: -$62.14
NAV: $10.04 Percent: 0.50%
Profit per Day: $0.67 Percent: 0.03%
Margin Used: $30.64

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Start Capital: $2,000.00
# of Calendar Days Traded: 15 (Start = 12/29/11)
Profit: $76.37
Float: -$55.29
NAV: $21.08 Percent: 1.05%
Profit per Calendar Day: $1.41 Percent: 0.07%
Margin Used: $20.41

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Quote from ElectricSavant:


I have never seen the condition of regulation so unfair and unbalanced before in the USA. It seems that Citi is getting special treatment.

ES
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Yep, Dodd-Frank was horrid. If anything, it made the TBTF banks even more TBTF, but punishes U.S. retail forex traders, who had nothing do with the 2008 financial crisis. The best way to avoid an MF Global situation in FX is to trade with the better UK firms, but now you can't.
 
This was perfect but there are only 16 levels...this was originally written for the Blessing System which is a martingale. When using 0.01 lotsize without progression it can survive more levels. I was unable to modify this spreadsheet that you shared as there is a hidden file named "workings".

Apparantly, there is not anybody else interested enough to evaluate this EA for me, oh well...Thanks LCFX for your time and thoughts.

ES

Quote from LCFXTRADER:

Found this on the net. It may help you with your MM dilemma.
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Well Folks...

I have to end this thread. I opened up my MT4 to find that I no longer had the m5 chart with the EA running. I do not know where it went. I cannot recover it.

So this experiment is over. I think that the concept should be understood and review the posts in this thread if you have any questions.

As you know I cannot trade this system because I am a US resident and it definitely requires 1:500 leverage.

Please visit the thread titled "Introducing Four EA's" if you do not like mindless trading such as the Super Money Grid:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=233987&perpage=6&pagenumber=1

Good trading to you and Thank You for reading.

ElectricOver&OutSavant
 
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