20-40% performance fee (with high watermark) for Forex traders

i wan,t to open PAMM acc,how for this ....i am new in forex but i am EA programing , i make money from my EA thank,s guys...for your help

nugroho posted:
i wan,t to open PAMM acc,how for this ....i am new in forex but i am EA programing , i make money from my EA thank,s guys...for your help

New in forex and EA programming??? How that can be??? And what kind of EA it can be???
I traded manually for three years before I made my first EA ...

SNF_Complex posted:

sgbdis posted:
Pls take a look at my account https://www.myfxbook.com/members/sgbdis/fx-money-machine/640600

very good results !
many pairs ...

DD is not so big ...

Michael, I cannot understand your criteria for DD. This system DD is 27.5% for 5 months and you say 'DD is not so big'.
My system has 33% for 10 months and you said 'Too big DD level'.

Is the difference between 33% and 27.5% really so big?!

NextLevelForex posted:
Hi everyone,

If you are interested in trading other people’s money, please post details about your results here.
A verified real money account on myfxbook would be good, but not absolutely required at this point.
Please compile results and extract some statistics for posting them here. Specifically I'm interested in:

1) how long have you been trading for, any methods or systems
2) how many trades / month does your current system generate
3a) what is the maximum trade duration for the last 100 trades
3b) what is the average trade duration for the last 100 trades
4) what is the average pip/trade over the last 100 trades
5a) what is the Pips Expectancy of your current method
5b) what is the Expectancy Ratio of your current method

Pips Expectancy = ( Average Pips Win * Winning Trades % + Average Pips Loss * Losing Trades % ) / 100
Expectancy Ratio = Pips Expectancy / Average Pips Loss

Thank you for your interest!

Remus

1. BestFXbot AdvisoryEA began in 2013 ( public ) and trading privately since 2011 with a much more conservative approach
2. Over 3000+ trades in last 7 months - Trading Only EURUSD - https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428
3 a + b. Longest is 3 days with average 4 hour trade duration.
4. Average win is 12 pips
5. the pip expectancy is rather flat at 0.5

Strategy starts off hedging and averages down dynamically based on volatility to avoid news releases, central bank intervention, and natural disasters.


<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428'><img border='0' src=''/></a>

https://bestfxbot.com/bestfxbot/advisory/

bestfxbot posted:

NextLevelForex posted:
Hi everyone,

If you are interested in trading other people’s money, please post details about your results here.
A verified real money account on myfxbook would be good, but not absolutely required at this point.
Please compile results and extract some statistics for posting them here. Specifically I'm interested in:

1) how long have you been trading for, any methods or systems
2) how many trades / month does your current system generate
3a) what is the maximum trade duration for the last 100 trades
3b) what is the average trade duration for the last 100 trades
4) what is the average pip/trade over the last 100 trades
5a) what is the Pips Expectancy of your current method
5b) what is the Expectancy Ratio of your current method

Pips Expectancy = ( Average Pips Win * Winning Trades % + Average Pips Loss * Losing Trades % ) / 100
Expectancy Ratio = Pips Expectancy / Average Pips Loss

Thank you for your interest!

Remus

1. BestFXbot AdvisoryEA began in 2013 ( public ) and trading privately since 2011 with a much more conservative approach
2. Over 3000+ trades in last 7 months - Trading Only EURUSD - https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428
3 a + b. Longest is 3 days with average 4 hour trade duration.
4. Average win is 12 pips
5. the pip expectancy is rather flat at 0.5

Strategy starts off hedging and averages down dynamically based on volatility to avoid news releases, central bank intervention, and natural disasters.


<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428'><img border='0' src=''/></a>

https://bestfxbot.com/bestfxbot/advisory/

to small profit for thats level of DD ...

GBLab posted:

SNF_Complex posted:

sgbdis posted:
Pls take a look at my account https://www.myfxbook.com/members/sgbdis/fx-money-machine/640600

very good results !
many pairs ...

DD is not so big ...

Michael, I cannot understand your criteria for DD. This system DD is 27.5% for 5 months and you say 'DD is not so big'.
My system has 33% for 10 months and you said 'Too big DD level'.

Is the difference between 33% and 27.5% really so big?!

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%

===================
or
Monthly: 17.00%
Drawdown: 13.76%

_________________________

GBL-A -

Monthly: 22.13%
Drawdown: 32.98%

===================
or
Monthly: 11%
Drawdown: 16,5%






___________________

correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄

Hello everyone again,
I have now a new DEMO account for October running on myfxbook. Please leave your all comments, advice and feedback (negative or positive). Below is the Main link to my demo accounts:
https://www.myfxbook.com/members/myfxday

Hi Creator of Forex money machine.
As i see that you are gonna take your machine out from Auto Trade of Myfxbook.
So I am contacting you . How can I further take benefit of trading skill of yours or your machine. Reply me at corpo30 at ymail. dot com

sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%

😄

Please see my Managed Forex Accounts with performance fee 20-30% ....since April 2013...never lost ...profit 577%. DD max when i'm very agresif...but now i'm more conservatif and safe trading....looks DD after June..

https://www.myfxbook.com/members/ruben17/bataviafx-management/584052

thanks

sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄

If this is a criteria, GBL-A profit from start +667%, max DD 33%. DD covered 20 times.

These two systems perform similarly, so it's unfair to say 'too big DD level' for one of them and 'not so big DD' for another.

SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%

These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.

GBLab posted:

SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%

These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.

There is a big difference between 34% and 22% (more than 50%).

ruben17 posted:
Please see my Managed Forex Accounts with performance fee 20-30% ....since April 2013...never lost ...profit 577%. DD max when i'm very agresif...but now i'm more conservatif and safe trading....looks DD after June..

https://www.myfxbook.com/members/ruben17/bataviafx-management/584052

thanks

Hello,
I was watching your video gain. You have done well to get to your current gain. What is your strategy?
As against what is dangerous is that your equity is still below your gain, one day you will blow your account and in addition you have a lever that allows you to trader.
If you want more serene you can visit the link attached piece and if you need any further information
do not hesitate to contact me
Regards
Hiroo59

sgbdis posted:

GBLab posted:

SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%

These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.

There is a big difference between 34% and 22% (more than 50%).

I can tell the same - there is a big difference between 667% and 403% (more than 50%).

I don't want to say your system is bad, only that these two systems perform similarly.

SNF_Complex posted:

https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428

to small profit for thats level of DD ...

We have higher risk setting that produce much larger gains than our default setting as you state a 10% max Drawdown is too high for a stable return of 5-6% a month.

<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-risk-1-custom/564537'><img border='0' src=''/></a>

nice 😄

sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄

Hello Sgbdis! Where did your trading go from Autotrading? :)

it is private now