That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
10.4 A Complete System
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garyfritz
Re: 10.4 A Complete System
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Foreverforex
- Trader
- Posts: 164
- Joined: Wed Nov 28, 2012 6:48 am
Re: 10.4 A Complete System
Remember there's always demo accounts....allisonmagic wrote:I've lost a lot of pips, and i'm still getting the hang of 10.4, but 10.4 IS a wonderful system and i will dedicate my time to success with it's guidance.
Many thanks to NanningBob
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AGT
- Trader
- Posts: 889
- Joined: Thu Nov 17, 2011 7:20 pm
- Location: Germany
Re: 10.4 A Complete System
Zoom the pic - It's "The Collective FX" (left buttom corner)garyfritz wrote:...
That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?
AGT's EA portfolio: http://www.stevehopwoodforex.com/phpBB3 ... =36&t=1374
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grimweasel
- Trader
- Posts: 95
- Joined: Sun Nov 20, 2011 3:48 pm
Re: 10.4 A Complete System
Just ran the stats on my daily system using the 50ema for the past month. 14 trades, 10 profitable and 4 losses. Account up by 12%. Using 30K balance and £1 per pip and applying the 2%/6% rules of money management.
So far, looking good.
So far, looking good.
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Dewey McG
- Trader
- Posts: 435
- Joined: Sat Nov 26, 2011 4:20 pm
- Location: Tampa FL
Re: 10.4 A Complete System
The CollectiveFX is the broker. No broker is perfect but I do like them. Gary (aka "4of7") is a straight shooter. On another forum there is a post about him closing a guy's account for losing so much money and chewing him out telling him to stick with demo until he learned how to trade.garyfritz wrote:That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
They are an STP broker that does not charge commission per trade just a flat monthly fee instead. Depending on your account size that can save a significant amount.
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Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: 10.4 A Complete System
They have been around for awhile. I remember when they started out, I had an account with them as a member. Sorry to say, they are no longer available to US citizens. I haven't visited their site for some time, but the last time I did, they were supposed to be working on a CollectiveUSA branch. I hope they follow through on it.Dewey McG wrote:The CollectiveFX is the broker. No broker is perfect but I do like them. Gary (aka "4of7") is a straight shooter. On another forum there is a post about him closing a guy's account for losing so much money and chewing him out telling him to stick with demo until he learned how to trade.garyfritz wrote:That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
They are an STP broker that does not charge commission per trade just a flat monthly fee instead. Depending on your account size that can save a significant amount.
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Dewey McG
- Trader
- Posts: 435
- Joined: Sat Nov 26, 2011 4:20 pm
- Location: Tampa FL
Re: 10.4 A Complete System
Since when did they stop taking US customers? I am in Florida.Captain Jack wrote:
They have been around for awhile. I remember when they started out, I had an account with them as a member. Sorry to say, they are no longer available to US citizens. I haven't visited their site for some time, but the last time I did, they were supposed to be working on a CollectiveUSA branch. I hope they follow through on it.
CJ
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Foreverforex
- Trader
- Posts: 164
- Joined: Wed Nov 28, 2012 6:48 am
Re: 10.4 A Complete System
They may not be taking new US customers, but if you were with them before they moved to Belize, they didn't kick you out.
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Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: 10.4 A Complete System
Their site says they are going through a compliance review. When it is complete, they may open up and take US citizens again.Foreverforex wrote:They may not be taking new US customers, but if you were with them before they moved to Belize, they didn't kick you out.
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: 10.4 A Complete System
Ahhhhh...I see now. Sorry...my bad!allisonmagic wrote:Captain Jack wrote: If you really want to improve, post some of your charts showing where you enter, where you exit and your reasons for doing so. There are a lot of experienced traders here who could give guidance but without the correct info, we can't really be of much help to you.
CJ
CJ
I've been posting charts for every pending order i've opened with this system. everyone says it's 10.4 trades. but this week i've been opening trades just to have price reverse on me instantly
Price probably just got a whiff of the 'tude and took off....
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!