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Re: Z systems THEY DONT WORK - this is a scam
[Re: Petra]
#476498
03/05/19 14:50
03/05/19 14:50
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Joined: Oct 2018
Posts: 70 AZ
chsmac85
Junior Member
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Junior Member
Joined: Oct 2018
Posts: 70
AZ
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I've been trading z12 for a about 4 months now. I've had 2 winning months and 2 losing months. February was absolutely brutal but then a new zorro system was released and things have been better this month (retraining?). I followed a poster on their myfxbook account. https://www.myfxbook.com/members/darcymac/zorro/2569912They seemed to be having a grand ole time and then leveraged up before apparently shutting down. I think the advice in the manual is great. Know what you can afford to lose and let the system go to work. You WILL NOT get rich quick. But if you follow you can get rich slow. It's taken me a lot of time to internalize those lessons and I'm only checking my account 2-3x a week now. It's just way too volatile if you check it multiple times a day.
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Re: Z systems THEY DONT WORK - this is a scam
[Re: kandlekid]
#476620
03/14/19 14:18
03/14/19 14:18
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Joined: Feb 2017
Posts: 1,725 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,725
Chicago
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High-leverage trading is not for those who cannot stomach large drawdowns. Consider investing in stocks. Or if you want zero drawdowns, a savings account. Ok, I'll be the first to ask ... how can something that is free be a scam ? Some of the Z systems are free, but not all.
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Re: Z systems THEY DONT WORK - this is a scam
[Re: Petra]
#477716
07/24/19 15:53
07/24/19 15:53
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Joined: Feb 2017
Posts: 1,725 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,725
Chicago
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Start them on same day and with same capital. They have then very similar trades. I have found that otherwise the trades can be very different. This is interesting. For the Z12 system, I suspect that once the system consumes enough margin, several entry signals get ignored because there is no margin for their respective trades. Therefore, starting at different times would result in different trades with different profits. Whereas, using a portfolio rotation algorithm, the positions are sized on an absolute basis on regular intervals, in consideration of all trading signals. And therefore, you can expect different people trading the same rotation system to have comparable performances.
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Re: Z systems THEY DONT WORK - this is a scam
[Re: sdplay]
#477823
07/31/19 17:19
07/31/19 17:19
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Joined: Oct 2018
Posts: 79
SnoopySniff
Junior Member
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Junior Member
Joined: Oct 2018
Posts: 79
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PS... I tested z systems for over a month, and half z12, z2, z1,z7 they all lost MONEY. Your experience is called DRAWDOWN. ;-) Just let it run and have a look some months later. :-)
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