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BinaryFX
Oct 25 2015 at 07:02
3 posts
Hi everyone! Can someone please advise on how long it takes to get your system accepted to be part of the autotrader provider list? Thanks!

markdoc1
Oct 26 2015 at 07:08
51 posts
some of the AutoTrade systems should be replaced or new ones should be added.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffet
mendeco
Oct 26 2015 at 11:31
43 posts
Ambush_Trader posted:
Kishou posted:
Ambush down 40%... think he has lost the plot!


We actually increased our leverage quite a bit, which did add to our draw down initially, but has now resulted in the very fast recovery. Compared to other systems we were highly unleveraged, and we use our larger draw downs to increase our leverage.

This is our way of showing our own confidence in how we trade, as well as increase our profitability over the long run. We have no plans to increase leverage again for some time as we are currently at the max leverage our trading team deems safe for our account size.

Assuming our current trajectory, you will not see an increase in our leverage again until we are trading at a few thousand % gains, and only after we enter another draw down. We realize drawdowns are a part of trading, and we use them to basically trade our own equity curve.

Its very common practice for us to trade in this manner, and it is why our drawdowns have historically increased in size... but it is also why our trading account has grown so dramatically as well. We are aware many traders do not take this into account when they choose to follow our system (or any system), and wanted to make people aware of our practices, so you dont become one of the many that joins a system at a high in equity curve only to bail again at its low.

But to clarify for some, we do not let junior traders make any decisions regarding our managed accounts.

-Algo team


I am sorry I cannot find your system on those available to autotrade, has it been removed? If so where can I check it? do you have a myfxbook account?

rob559
Oct 26 2015 at 15:30
1916 posts
maybe the dd is too high to stay on the autotrading board,62% dd is crazy dd and never trust big money with them anymore

Stephen Nelson (sbnelson2005)
Oct 26 2015 at 17:52
41 posts
streek posted:
As first follower I think that pipcraft system soon will be the number 1...itself check for believe
https://www.myfxbook.com/members/pipcraft/pipcraft/1362167


I'ts not important weather they are number 1 but how long they will last. With a massive DD like theirs it's only time before they blow.

Your better off sorting the Autotrade list by drawdown. While my system is ranked #22 it is 2nd on the DD list. No I don't make 10000% a day but I should be around for the next 20 years pumping out decent monthly gains.

AlfiePogi
Oct 29 2015 at 07:12
14 posts
WALLSTREET..EURO33..GPB30 why did you leave autotrade :(

vontogr (togr)
Oct 29 2015 at 11:57
4862 posts
BinaryFX posted:
Hi everyone! Can someone please advise on how long it takes to get your system accepted to be part of the autotrader provider list? Thanks!


Its taking couple of days especially when they are not going to approve it

Ambush_Trader
Nov 05 2015 at 07:34
38 posts
mendeco posted:
Ambush_Trader posted:
Kishou posted:
Ambush down 40%... think he has lost the plot!


We actually increased our leverage quite a bit, which did add to our draw down initially, but has now resulted in the very fast recovery. Compared to other systems we were highly unleveraged, and we use our larger draw downs to increase our leverage.

This is our way of showing our own confidence in how we trade, as well as increase our profitability over the long run. We have no plans to increase leverage again for some time as we are currently at the max leverage our trading team deems safe for our account size.

Assuming our current trajectory, you will not see an increase in our leverage again until we are trading at a few thousand % gains, and only after we enter another draw down. We realize drawdowns are a part of trading, and we use them to basically trade our own equity curve.

Its very common practice for us to trade in this manner, and it is why our drawdowns have historically increased in size... but it is also why our trading account has grown so dramatically as well. We are aware many traders do not take this into account when they choose to follow our system (or any system), and wanted to make people aware of our practices, so you dont become one of the many that joins a system at a high in equity curve only to bail again at its low.

But to clarify for some, we do not let junior traders make any decisions regarding our managed accounts.

-Algo team


I am sorry I cannot find your system on those available to autotrade, has it been removed? If so where can I check it? do you have a myfxbook account?



says we are #13 on the list or you can just direct link to it here https://www.myfxbook.com/members/autotrade/ambush-capital/1036189

vontogr (togr)
Nov 05 2015 at 10:53
4862 posts
Ambush_Trader posted:
mendeco posted:
Ambush_Trader posted:
Kishou posted:
Ambush down 40%... think he has lost the plot!


We actually increased our leverage quite a bit, which did add to our draw down initially, but has now resulted in the very fast recovery. Compared to other systems we were highly unleveraged, and we use our larger draw downs to increase our leverage.

This is our way of showing our own confidence in how we trade, as well as increase our profitability over the long run. We have no plans to increase leverage again for some time as we are currently at the max leverage our trading team deems safe for our account size.

Assuming our current trajectory, you will not see an increase in our leverage again until we are trading at a few thousand % gains, and only after we enter another draw down. We realize drawdowns are a part of trading, and we use them to basically trade our own equity curve.

Its very common practice for us to trade in this manner, and it is why our drawdowns have historically increased in size... but it is also why our trading account has grown so dramatically as well. We are aware many traders do not take this into account when they choose to follow our system (or any system), and wanted to make people aware of our practices, so you dont become one of the many that joins a system at a high in equity curve only to bail again at its low.

But to clarify for some, we do not let junior traders make any decisions regarding our managed accounts.

-Algo team


I am sorry I cannot find your system on those available to autotrade, has it been removed? If so where can I check it? do you have a myfxbook account?



says we are #13 on the list or you can just direct link to it here https://www.myfxbook.com/members/autotrade/ambush-capital/1036189

62% DD. Thats crazy.
I can get about same profit with DD just 25%

rob559
Nov 05 2015 at 15:38
1916 posts
was following them while they were the best system out there ,suddenly a couple of losses occured and BAMM !! everything changed for the worst,,

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