Manta Ray (by gcardo) Quick Stats
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Manta Ray Discussion
mysonucat

Member Since Nov 10, 2010  24 posts mysonucat Jan 17 2012 at 12:46
I am interested in your system kindly email me with your conditions. kanampuza@yahoo.com

be clear at heart things will work for you
gcardo

Member Since Jan 12, 2012  11 posts Ningaloo Investments (gcardo) Jan 17 2012 at 14:47
Dear Sir,

Thank you for your interest in our product.
Please visit our website (www.ningalooinvest.com.br

Patience + Discipline - Greed = Success
huang_a

Member Since Nov 21, 2011  29 posts Alan (huang_a) Jan 20 2012 at 23:33
Hi Ningloo,

very intereting trades, but I need to see lots in your trade history at least, to make decision whether to invest, I will need to see balances, profit figures, I also need to know what is behind 7% profit drop on 19 Jan, the risk management seems to be not in place, could you explain more about your risk management strategy please.

Best regards
Alan

offride

Member Since Oct 18, 2011  13 posts OFRd (offride) Jan 21 2012 at 12:47

   huang_a posted:
   Hi Ningloo,

very intereting trades, but I need to see lots in your trade history at least, to make decision whether to invest, I will need to see balances, profit figures, I also need to know what is behind 7% profit drop on 19 Jan, the risk management seems to be not in place, could you explain more about your risk management strategy please.

Best regards
Alan


I agree with Alan. Details for making decision.

gcardo

Member Since Jan 12, 2012  11 posts Ningaloo Investments (gcardo) Jan 21 2012 at 14:28 (edited Jan 21 2012 at 14:33 )
Hi Alan,

Thank you for your interest in our strategies.
Please take a look at our website (www.ningalooinvest.com) to check our strategies and their risk/return targets. We have four different strategies under a single process of investments. Leverage is the difference between them.

As of your question about a 9,32% equity growth drawdown on 19 Jan, it is within this strategy drawdown limit, which is 10%. Please take a look at our products comparison table (http://www.myfxbook.com/compare-systems/Turtle-vs-Manta-Ray-vs-White-Shark/228918,221880,227455)

Risk Management is in place. I work as a risk management for more then 10 years and I know that I need to use my risk limits to get results. As you might see, our strategy has 90% profitability. It means that at the 10% lost you might see a 10% drawdown.

What happens on 19 Jan was that I didn't stop at the 9,32% drawdown. I mantained all positions (I was short on EURUSD when the IMF announced that it was seeking up to $500 billion in additional lending resources (http://topics.nytimes.com/top/reference/timestopics/organizations/i/international_monetary_fund/index.html

Patience + Discipline - Greed = Success
huang_a

Member Since Nov 21, 2011  29 posts Alan (huang_a) Jan 22 2012 at 11:02
Thank you Gustavo, As mentioned in my previous message, I need to see lots sizes in your trade history as minimum, I also need to find out the account size because for small account, it may do well, as account size grows, you will find it hard to sell /buy, so I need to know what is the current size of your account, why don't you release all information? is there something sensitive to the public, if so, you can send me a private link so I can have a look, that will help me make investment decisions.

Regards
Alan

gcardo

Member Since Jan 12, 2012  11 posts Ningaloo Investments (gcardo) Jan 22 2012 at 13:49
Hi Alan.

It will be a pleasure to have you as an investor.
I would like to inform that we don't have any kind of problem dealing with large accounts. This strategy is not a scalp strategy. Our Avg. trade lenght is 8 hours so we have plenty of time to execute our trades. Please take a look at the volume per ticket traded in majors (https://www.dukascopy.com/

Patience + Discipline - Greed = Success
huang_a

Member Since Nov 21, 2011  29 posts Alan (huang_a) Jan 25 2012 at 07:27
I was right, history of lots are hidden, must be martingale, same story, sad

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