Strategy C Verified demo account
I have only just joined. I like this site, it's very clearly laid out, having to fix robots to my MT4s is ok, I think that's a lot more reliable in the longer term as my MT4 will forward it's signals on and it gets updated like every second, with my broker often taking 1700ms to open a trade, thats good enough.
The other thing I like about this site is that you have to use a LIVE account to be a signal provider and have 90 days of trading in your history to be a provider, plus a few other rules, so it may not be fastest way to get followers, but its a lot better imho for the followers in the longer term, and ultimately the providers will benefit from more followers being able to remain as followers, through not having their accounts blown by following someone who busts theit demo account.
Steve
---Account Closed---
(reopen end 2013)
Hello Sebastian, I have not been trading for some months. I took some time off after resigning from my job in California and I relocated back to the East Coast of Florida on the Atlantic ocean. I just saw you post and wanted to take the time to wish you a great holiday season and I hope to see you trading next year. If you think about it please drop me a note to let me know when you become active again. If you are operating on FX Stat or FX juncion or a PAMM setup... either way please let me know when you return trading as i will be ready to return to trading after the midddle of January of 2013.
Again I hope you and your family have a great holiday and stay healthy above all else.
Regards
Pal
looks to be very risky strategy. In around 4 months ur drawdown is around 51%. It is possible that u get higher drawdown in next few months. Your trading statement is not visible so I cannot see trading style. Maybe u can tell us about ur trading experience
Originally posted by paladino444
Hello Sebastian, I have not been trading for some months. I took some time off after resigning from my job in California and I relocated back to the East Coast of Florida on the Atlantic ocean. I just saw you post and wanted to take the time to wish you a great holiday season and I hope to see you trading next year. If you think about it please drop me a note to let me know when you become active again. If you are operating on FX Stat or FX juncion or a PAMM setup... either way please let me know when you return trading as i will be ready to return to trading after the midddle of January of 2013. Again I hope you and your family have a great holiday and stay healthy above all else. RegardsPal
Thanks a lot.
I wish you and your family the best as well.
Originally posted by aliarif
looks to be very risky strategy. In around 4 months ur drawdown is around 51%. It is possible that u get higher drawdown in next few months. Your trading statement is not visible so I cannot see trading style. Maybe u can tell us about ur trading experience
Hello,
yes it is correct...It is super risky :)
For that reason i stopped offering this kind of strategys for a while....
In the future i just offer simple strategys where the Follower can decide how risky he wants to be.
I just opened some new accounts for each pair seperated
I use the simple following risk setting:
- Maximum 1 open position
- Risk per Trade 1%-2% (means initial Stop Loss is around 50-100 Pips)
Then the Follower can adjust it if he wants.....
When i make for example 5% per month with maximum DD. of 3%
then Follower A (who want to risk more) can double the Lot-Size
or Follower B (who wants lower risk) can just use smaller....
I guess the most important thing is to keep the rules simple.
Hi Sabastian, it has been a little more than a year since we last talked. How have you been doing? I hope all is well.
I spent one last year on the eastern coast of the USA and three months ago I moved to Colombia in South America.
This was a long term plan and I a very, very happy that I made the move. I may visit some more countries this year.
Drop me a note and let me know how you are doing.
Best Regards
Pal
Hey.. Yea. I was expecting Sebastian to come by the end of 2013. Last time he updated his accounts was in mid 2013. He was a good trader.
Stick to your rules
For the most part one shouldn't focus on the drawdown % as much as they should the Pip-drawdown. DRAWDOWN % only reveals a persons money management, and it doesn't real his/her system persay. I have been able to take control of an account, earn over 500% profit, and have a drawdown less then 6%. So it all depends on the actual system. http://www.myfxbook.com/members/Master_Kiwa/phoenix-capital-scalping-pamm/931519