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liquidityFX

Member Since Nov 15, 2011  61 posts Jos (liquidityFX) Dec 21 2011 at 08:46

   liquidityFX posted:
   Hi Remus,

I've opened a PAMM account last Sunday, I'd like to submit it to your list to monitor:

http://www.myfxbook.com/members/liquidityFX/pamm1/192513

When you fall you learn, then you get up and you try again until you master it.
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Dec 21 2011 at 10:40

   Pro_Trader posted:

@ Remus Miclea (NextLevelForex),

Why not reply? :)


Hi Pro_Trader,

I'm on vacation, and traveling out of the country, so up until yesterday I was barely checking my accounts and email. I will remain in this 'vacation' mode until Jan 15. But since I'm at my computer, and since you asked again, I'll reply to you now.

The size of an account that I'm willing to have some else trade is dependent on the leverage, so I'll answer your question from the perspective of buying power, which is a more accurate measure of the accepted exposure.

As it stands right now, I offer up to 25 lots total exposure, ignoring hedging (so 10 simultaneous trades of 2.5 lots each, or 1 trade of 25 lots). That being said, I would not have anyone trade at that level right away - a period of trial would be how we begin the relationship.

We can talk about bigger lot sizes after we have a period of successful collaboration.

Hope that answers your question. If you have others, please post them there, and also allow until after Jan 15 for a reply.

Thanks!

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
nasco

Member Since Oct 27, 2009  28 posts Nasco (nasco) Dec 21 2011 at 15:21
STABLE & SAFE FOREX TRADING RESULTS!

I also have an account for review by anyone interested in managed forex trading. If you are ready for stable and dependable forex results, take a look at this live account link and review the details carefully. Safe draw down is very low, equity,profit, and balance curves are smooth, and all trades (events) are profitable.

Over 7 years of hard work in the forex market has gone into this proprietary automated trading system, not available to the general public, and not for sale.

There are limited trading account slots available, so if interested please respond no later than 1/15/2012 to reserve your trading position. Minimum opening account balance is $50,000, so serious enquiries only please!

http://www.myfxbook.com/members/nasco/live-account/186575

Relax, and Get Paid!
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Dec 22 2011 at 04:57 (edited Dec 22 2011 at 05:02 )

   liquidityFX posted:

Hi Remus & Others,

Since my PAMM has been running with shining results, I'd like to post answers to your more technical questions now (as we didn't have data earlier):

2) how many trades / month does your current system generate
Between 70 and 120, depending on volatility and volume.

3a) what is the maximum trade duration for the last 100 trades
88 hours, closed at 0,66% loss. This is exeptional, my trade history is public so you can verify :)

3b) what is the average trade duration for the last 100 trades
5 hours and 49 minutes

4) what is the average pip/trade over the last 100 trades
Assuming this includes losing pips: 3045 pips / 171 trades = 17.8 pips / trade

5a) what is the Pips Expectancy of your current method
(14.71 * 71%) + (-21.31 * 29%) = 426.42 / 100 = 4.26 Pip Expectancy

5b) what is the Expectancy Ratio of your current method
4.26 / -21.31 = -0.17 Expectancy Ratio

Not sure if I calculated the expectancy ratio correctly...please correct my numbers if they're wrong, they're all public and verified in my account statement.


Thanks Jos for following up, and especially for opening your trading history!

Your results indeed look good, but there are a couple of corrections I need to make, for the benefit of everyone trying to asses your performance through my criteria:

4) you need to select only the last 100 trades, not all 171; I selected the 11/29 8:00 - 12/21 13:00 interval and got the answer: for the last 100 trades, the average pip/trade (the same as Pips Expectancy; at the time of my original post I did not know they are the same) is 320.2 / 100 = 3.2 pips (and yes, you need to include the losing trades)

5a) there was a typo in your reply; -21.31 is in fact -25.31; with that the Pips Expectancy comes out as 3.0, which is still good. By the way, shortly after starting this thread I suggested to Myfxbook team to implement displaying the Pips Expectancy, which they promptly did, so now you can find this value in the 3rd column of Advanced Statistics / Trades

5b) due to the same typo the ratio is lower: 3.0 / 25.31 = 0.12 (the absolute value is used for the average loss; I was not clear on that in my original post)

All in all, I must say I like your results. History is still too little, but time will naturally take care of that :). Keep up the great work, and we'll be in touch after mid January.

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Rafal

Member Since Dec 22, 2011  1 posts Rafal Dec 22 2011 at 13:25
I recommend an experienced trader, you can pay $ 1 and check yourself! http://instaforex.com/pl/pamm_monitoring.php?trader=5078663

nasco

Member Since Oct 27, 2009  28 posts Nasco (nasco) Dec 22 2011 at 15:18
Yes, me too, as I have been trading over 7 years, adn just about seen it all...

http://www.myfxbook.com/members/nasco/live-account/186575

Relax, and Get Paid!
avantifx

Member Since Jun 21, 2011  14 posts avantifx Dec 22 2011 at 21:22
indiaforextrade

Member Since Feb 03, 2011  20 posts Jason Thomas (indiaforextrade) Dec 23 2011 at 02:27

   NextLevelForex posted:
   
   indiaforextrade posted:

...
For more details & proof of our live & demo accounts Visit: www.autotradefx.in


I checked your system a couple of hours ago, and the equity was around 53%.
In other words, there was a drawdown of 47%.

No matter how great the system looks from other perspectives, such a large (and on-going, if the balance vs equity chart displayed by myfxbook is correct) drawdown is way too much for my taste.


Hi Remus
Actually what you see here:
http://www.myfxbook.com/members/indiaforextrade/live-trading-ac-exness/193562
& here:
http://www.myfxbook.com/members/indiaforextrade/autotradefx-demo/183072

Is actually the stress test of our EA.

Our PAMM account we use a much Lower risk /drawdown.
see here:
http://www.myfxbook.com/members/indiaforextrade/pamm-trading-ac-instaforex/208154

see this demo:
http://www.myfxbook.com/members/indiaforextrade/dreams-ea-4-pamm/207362

In order to make a profit you have to cut short your losing trades and let the winners ride
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Dec 23 2011 at 05:56

   indiaforextrade posted:

Hi Remus
Actually what you see here:
http://www.myfxbook.com/members/indiaforextrade/live-trading-ac-exness/193562

Is actually the stress test of our EA.

Our PAMM account we use a much Lower risk /drawdown.
see here:
http://www.myfxbook.com/members/indiaforextrade/pamm-trading-ac-instaforex/208154

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Dec 23 2011 at 06:04

   Rafal posted:
   I recommend an experienced trader, you can pay $ 1 and check yourself! http://instaforex.com/pl/pamm_monitoring.php?trader=5078663

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
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