Astable Discussion

You can copy the trades here:

https://www.signalstart.com/analysis/astable/16766

Nice performance. It's manual trade or by EA?

sunshine2626 posted:
Nice performance. It's manual trade or by EA?

Half EA half manual.

I don't know why the curve has a sharp peak in August. I guess the system miscalculates the curve. Check here to see the real growth curve:

https://www.signalstart.com/analysis/astable/16766

2017/2/21 Important Update: Due to the increasing of subscribers, for the responsibility of all the subscribers who trust me, I decide to remove the Martingale strategy from the system. Although it works good for past 4 years, I don't wanna take any risk to make my subscribers loose money. A new system is under assessment now. The expect monthly growth would increase to 20% with less than 10% drawdown. Thanks!

https://www.signalstart.com/analysis/astable/16766

2017/2/23 Important Update: This account consists three systems. Two of them only trade EURUSD, GBPUSD, and sometimes EURGBP. The other one is called 'Group Basket Currency Trading system'. This system has been working pretty good since 2013 and it contributes 5%-10% growth every month. But honestly it's using Martingale strategy. Due to the increasing of subscribers, for the responsibility of all the subscribers who trust me, I decide to permanently remove this system from this account. Like I said, always safety first. I don't wanna take any risk to make my subscribers loose money. A new system is under assessment right now. The expect monthly growth would increase to 20% with less than 10% drawdown. Thank you for your trust!

https://www.signalstart.com/analysis/astable/16766

Hi Yangsail,

That is very professional on your behalf with removing martingale and having your clients longevity in mind :) Not a trait you see other money managers doing here at myfxbook!

Nice trading too!

L3CAP posted:
Hi Yangsail,

That is very professional on your behalf with removing martingale and having your clients longevity in mind :) Not a trait you see other money managers doing here at myfxbook!

Nice trading too!

Thank you for your compliment!

If it's my own account, I might still keep that system because it's always working good. But now I can see the 'Total Following Live Balance' from my subscribers is over $200,000, that's a big responsibility for me. Nobody trusts Martingale system, including me. So I believe it's a wise choice to remove this system.

February is done. Although it's a short month, but still 15.78% growth with maximum 3.39% drawdown. (Please check here: https://www.signalstart.com/analysis/astable/16766 then click Drawdown, you will see daily drawdown)

hi yangsail.. so when u will be certain about using martingale or not ? i mean i understand u r still uncertain about letting it it go ?
And when i look at your trades i don't see SL.. Do u have mental SL in place and just hiding it from the broker or ?
ps. i'm one of your subscribers

Ychill posted:
hi yangsail.. so when u will be certain about using martingale or not ? i mean i understand u r still uncertain about letting it it go ?
And when i look at your trades i don't see SL.. Do u have mental SL in place and just hiding it from the broker or ?
ps. i'm one of your subscribers

Hi,

Thank you for your trust!

Here I 'll explain a little bit my system. I did use Martingale strategy before, but only for trading basket currencies, like AUDNZD, NZDCAD,AUDCAD... Now I stopped using this system. You might notice I haven't traded this minor currencies since last week I posted here. I have two systems working in this account right now. One system trades EURUSD,GBPUSD, very few times EURGBP. The lot size is fixed about 900$ per 0.01lot. Most of time the total orders are no more than 5 at the same time. Most of the orders will be open and closed in a day. And there's no specific fixed SL. If the direction is wrong, I'll close it in a proper price or open an opposite order to even up. But all the orders will be closed at the end of the month no matter what. Another system is a new system. It only trades EURUSD right now. The lot size is 500$ per 0.01-0.02-0.04, or very few times 500$ per 0.01-0.03-0.09. And that's it, no more adding lots. If you feel it's too heavy you can lower down the percentage when you copy the trades. These trades are open and closed in a day. In the extreme condition, might hold more than one day but sure no more than a week. The total drawdown will be controlled less than 20%.

2017/03/14 Update: Sorry to all the subscribers, my system has occurred a little problem messed up the lot size. Sorry for causing loss today. Now the problem has been fixed and this system has been permanently removed from this account. From today, all the orders has no more than 900$-0.01 lot size. Sorry again for that.

Can you f***ing explain what were all these eurusd buy trades about? You just wiped off 15% of my equity. Is this what you call stable system? what a stupid set of trades just before fomc. If you thought your sell eurusd's was wrong direction, I would have rather preferred you closed those trades for some loss and sit idle. What have you done here?

What a stupid flimsy excuse - 'my system had little mess up'. If you were to test and try your system, go do it in demo account or with your own money. When you came out to the market to manage others' money, the expectation you have a proven system, not one that you tweak every other day.
You should refund last month's subscription to all subscribers who you've caused loss with your whimsical trades today.