SIGpower Verified real account
hi dear can you plz give me two ans 1) what is your risk per trader 2)what is your tp and sl in pips peer trade
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I do a 1:2 risk/profit ratio but when i scalp, i don't use SL, rather i hedge ( pending buy stop or sell stop about 40pips below or above).
Maximum lot is 1 standard lot and minimum lot is 0.01 lot.
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Honeric01 - The facts do not lie - You traded an account with an initial value of approximately $5,000 to about $2,800 in three days only. The terms were clearly agreed before you started trading - You clearly stated you could make an average of 100% monthly with maximum of 15% draw down. My account ended up after only 3 days at $2,800 from $5,000 and the trades were completely different from what you were trading on your swing swang strategy. The facts are clear - you accepted and traded an account from $5,000 to $2,800 in three days (PLEASE FORUM MEMBERS CALCULATE THE LOSS FOR YOURSELF).I gave you another chance after your pleading but reduced my account value to $290 and yesterday within four hours the account was down to about $170 with another $20 in open trade losses, despite agreeing to keep to no more than 15% drawdown (ONCE AGAIN FORUM MEMBERS, PLEASE CALCULATE THE LOSS YOURSELF). You clearly stated in writing that I should stop you from trading if you exceed the agreed 15% drawdown and I did exactly that by closing all trades with open trade loss of about $20 bring my account to its current level of $150. The lesson for me is simple, you failed every single day to keep to what you agreed to, that is the 15% drawdown (the issue of profit does not even apply because you traded for less than 4 days and lost almost 50% of my account). Forum members, it is up to you to make the decision to allow Honeric01 to manage your account - Bear in mind the damage this individual has done to my account - At least he is not denying that he took my account from $5,000 to $2,800 within three days and from $290 to $150 in four hours.
ohh shit ma be you contect fxstat support team for this or you give ur account with any aggrement or just throgh fxstst if you just give with out any aggrement then plz stop doing this bcs you will not get it back :D
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Originally posted by chuma
Honeric01 - The facts do not lie - You traded an account with an initial value of approximately $5,000 to about $2,800 in three days only. The terms were clearly agreed before you started trading - You clearly stated you could make an average of 100% monthly with maximum of 15% draw down. My account ended up after only 3 days at $2,800 from $5,000 and the trades were completely different from what you were trading on your swing swang strategy. The facts are clear - you accepted and traded an account from $5,000 to $2,800 in three days (PLEASE FORUM MEMBERS CALCULATE THE LOSS FOR YOURSELF).I gave you another chance after your pleading but reduced my account value to $290 and yesterday within four hours the account was down to about $170 with another $20 in open trade losses, despite agreeing to keep to no more than 15% drawdown (ONCE AGAIN FORUM MEMBERS, PLEASE CALCULATE THE LOSS YOURSELF). You clearly stated in writing that I should stop you from trading if you exceed the agreed 15% drawdown and I did exactly that by closing all trades with open trade loss of about $20 bring my account to its current level of $150. The lesson for me is simple, you failed every single day to keep to what you agreed to, that is the 15% drawdown (the issue of profit does not even apply because you traded for less than 4 days and lost almost 50% of my account). Forum members, it is up to you to make the decision to allow Honeric01 to manage your account - Bear in mind the damage this individual has done to my account - At least he is not denying that he took my account from $5,000 to $2,800 within three days and from $290 to $150 in four hours.
I am here to tell you CLEARLY that i never brought your account down to $2,800 as you rightly put it here, it was at $3,800 and not $2,800 as you put it, i was having some orders running with about $1020 losses but if you had allow them run would have not make you lose that amount, you went ahead, closed these $1020 orders and just minutes after you closed them, Uchef went from 0.797x to 0.778x, IF YOU HAD ALLOW ME TRADE without interfering in EVERY decision i took, most of the losses i incured from the Uchf trade (the $5,000) would have been recovered, but because you were shaken by almost every movement in the market, you didn't let me trade properly. I don't want to blame you for acting that way, but please always let your manager work without reminding them that they are losing or putting pressure on them at any given losses. the $1020 losses i had was on Uchf from 0.785x and 0.787x, if you didn't close them even though my SL were around 0.8030, we would have not only recovered the $1020 but also make at least close to $900 from these positions. (from 0.785,0.787x to 0.778x would have been enough to cover for some of the previous losses apart from recovering the floating $1020)
Go and check your statements to see if what i am saying is wrong, before the massive loss, the account was at $5,845 the 1st day until the intervention from the Swiss govt overnight. Fine, i lost grip of your account but you didn't help matters either, you kept piling pressure on me via instant messages and didn't even allow me concentrate one bit.
And to the $290 account, can you please be accurate and stable a bit? from being $295, you moved to $290, from being $170, you moved to $150, which is which? can you please be consistent with your figures? I NEVER TRADED YOUR ACCOUNT IN ANY TIME TO $150 from $290, your account was at $178 when you took over and if you didn't close all open orders, you account would have added at least $128 or $145 as the case may be.
I had at least 5 open orders, 3 on UJ (buy 76.30, 76,15, 76.12), 2 on GU (sell 1.6612, 1.6609) and i think one of Uchf (buy 0.7845), if you didn't freak out, we ended up seeing UJ at 76.5x, GU @ 1.646x, Uchf at 0.787x. if i am lying, then check where these pairs got to yesterday.
Chuma, it's your money and i know how bad you must have felt when you saw that your account weren't growing as FAST as you wanted it, rather was fluntuating, but you should try letting your manager work if you truly want them to make you 200% within 1 month.
I agreed to trade between 30-50% but you convincingly forced me into accepting 100% as mimimum by reminding me of how much i made on the swing swang system. you didn't let me trade the swing swang system instead because i told you i hedge on it but you never wanted heding, i DICTATED almost all the decisions i took, but i won't blame you because i accepted your decisions.
Anyways i am here to say yes i loss some amounts trading your account, but you NEVER and DIDN'T let me have a free hand, you got shaken by almost every movement in the market and piled the pressure on me, lastly i blame myself though, if i knew i was never going to be able to work under your kind of atmosphere, then i shouldn't have taken the offer but how would i have known if i never tried in the 1st place?
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i think if some one is giving its accounts to anyone for managing then he must take an agrement for one month anf if the drawdown is done like this one then give him the time to recover not criticise him or give him some disturtabnce
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@Richde
Hope you are still following this account?
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I agree with sadscorpion. If u r giving ur account to a manager then trust him. Coz you have given your account after looking at his trading history and other things. But at the same time honeric should have given the account back to him if he was not letting him trade freely.
The good or ill of a man lies within his own will. – Epictetus
Originally posted by ironical
I agree with sadscorpion. If u r giving ur account to a manager then trust him. Coz you have given your account after looking at his trading history and other things. But at the same time honeric should have given the account back to him if he was not letting him trade freely.
thank you ironical to support my point and explaning to others cheers
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Originally posted by ironical
I agree with sadscorpion. If u r giving ur account to a manager then trust him. Coz you have given your account after looking at his trading history and other things. But at the same time honeric should have given the account back to him if he was not letting him trade freely.
Well he took back his account without even letting me decide on that and i am glad he did because i bet he regretted taking back the account and closing the opened trades, all the trades he closed were all in the RIGHT direction but because he was always too afraid to see any red on his chart, he closed them all.
At the end, Uchf went like 300pips up, GU went 200 pips down, EU 299pips down while UJ went to 77.65.
Good luck to him
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