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Caesar@IcMarkets
The user has deleted this system.
Caesar@IcMarkets Discussion
Oct 04, 2014 at 15:22
bmigette posted:
Guys it is always easy to tell what we should have done afterward. I personally don't know any strategies that allows 10-20% profit a month with max DD 30%. If you know one feel free to suggest. The only critic I could do to cesar is signal price.
Let's see in another 6 months if we get another DD Hit.
The annoying thing is 30% of which account? Mine has went WAY past 30% also for some it has been a hit and not a DD and it was completely avoidable. You don't go sailing when there is a hurricane forecast !
I love the optimism in here but I am really NOT convinced that the Euro will recover without testing the 1.25000 level again and that is real twitchy anus time. There are 24 trades open. My pip price was $5 a pip bUt with 24 trades open I am now at $120 a pip. A 10 pip move is over $1,200 movement in my account. Not meaning to preach to anyone, just explaining the situation when multiple trades are open. My advice, for what it is worth, switch the signal off. Do not let it open any more trades. It just kills your margin and you run the risk of your broker closing out the big loss trades (remember, your equity has to remain 80% of your margin). Then close out all the trades when you see the master account do the same. I do not expect any profit from this basket and would take a 20% hit right now than endure the pain that awaits on Monday.
There will be many of us watching price is on market open. I just hope it doesn't gap down over the weekend and that the Asian session drives the price down before Europe comes online.
What a holy mess !!!!
Tomas you have screwed many of us with this. DO NOT TRADE NEWS !!
Oct 04, 2014 at 15:22
juham posted:
I feel I have to stick up for Tomas as he has always let it known that a 30% drawdown could occur about once a year. I am glad to see he stuck to his rules unlike other signals I've followed in the past.
And this EA has always traded NFP. Thats where some of its best profits have come from. Not trading NFP every month would probably reduce the returns.
No he has not!
Oct 04, 2014 at 15:22
juham posted:
I feel I have to stick up for Tomas as he has always let it known that a 30% drawdown could occur about once a year. I am glad to see he stuck to his rules unlike other signals I've followed in the past.
And this EA has always traded NFP. Thats where some of its best profits have come from. Not trading NFP every month would probably reduce the returns.
.... meaning that this EA has NOT always traded the news !
Oct 05, 2014 at 11:31
Does anyone know how many time during 2014 the EQUITY has been down -10% or less during active trading (for each cluster of traded positions)? I have kept data statistics for August and September but I don't know how it has been before.
Grateful for your answers!
Grateful for your answers!
Oct 07, 2014 at 07:00
Tomas,
As can be seen, had you Hedged the basket instead of closing all the trades, all your clients would now be in nice profit. Had the price not recovered but continued to drop, the use of a Hedge would not have increased the loss.
Please consider allowing your clients to decide their method of exiting a bad trade.
As can be seen, had you Hedged the basket instead of closing all the trades, all your clients would now be in nice profit. Had the price not recovered but continued to drop, the use of a Hedge would not have increased the loss.
Please consider allowing your clients to decide their method of exiting a bad trade.
Oct 07, 2014 at 07:03
Tomas,
Another reason for the master to NOT decide DD closes is your client may be running their account at other than $500 / 0.01 lot. As example had I been running at $1,000 / 0.01 lot my DD would only have been 50% of the Master, 16.5% versus 33%, yet the Master would have closed my trades when my DD was still very acceptable.
This suggests the Master should not do DD close out as the DD of each client account may be very different to the Master.
Please consider stopping the Master closing out client trades due to Master DD.
Another reason for the master to NOT decide DD closes is your client may be running their account at other than $500 / 0.01 lot. As example had I been running at $1,000 / 0.01 lot my DD would only have been 50% of the Master, 16.5% versus 33%, yet the Master would have closed my trades when my DD was still very acceptable.
This suggests the Master should not do DD close out as the DD of each client account may be very different to the Master.
Please consider stopping the Master closing out client trades due to Master DD.
Member Since Dec 22, 2010
123 posts
Oct 07, 2014 at 08:20
FxPhil posted:
This suggests the Master should not do DD close out as the DD of each client account may be very different to the Master.
Please consider stopping the Master closing out client trades due to Master DD.
your suggestions are not compatible with the nature of any signal. What you are searching for is a customizable EA, delivered by a signal...
Member Since May 04, 2012
1534 posts
Oct 07, 2014 at 08:30
FxPhil posted:
Tomas,
Another reason for the master to NOT decide DD closes is your client may be running their account at other than $500 / 0.01 lot. As example had I been running at $1,000 / 0.01 lot my DD would only have been 50% of the Master, 16.5% versus 33%, yet the Master would have closed my trades when my DD was still very acceptable.
This suggests the Master should not do DD close out as the DD of each client account may be very different to the Master.
Please consider stopping the Master closing out client trades due to Master DD.
I totally agree. There should have been a Standard Master (0.01/1000) and a High Risk Master (0.01/500) and a Super High Risk Master (0.01/300).
Member Since Dec 22, 2010
123 posts
Oct 07, 2014 at 08:36
FxMasterGuru posted:
I totally agree. There should have been a Standard Master (0.01/1000) and a High Risk Master (0.01/500) and a Super High Risk Master (0.01/300).
i have asked numerous times that i want an additional earth to be flat, but i only got this one, which is round
Member Since May 04, 2012
1534 posts
Oct 07, 2014 at 08:44
cyberryder posted:FxMasterGuru posted:
I totally agree. There should have been a Standard Master (0.01/1000) and a High Risk Master (0.01/500) and a Super High Risk Master (0.01/300).
i have asked numerous times that i want an additional earth to be flat, but i only got this one, which is round
😁
Oct 07, 2014 at 18:39
Well, good luck with the latest 27 odd trades in severe draw-down. With the dollar weakening while Traders wait for the FOMC minutes tomorrow, I fear a repercussion of the NFP event of Friday only on a worse scale. I still believe that there's some merit in reducing the lot size of the primary trade and hedging at twice the original size at 10pips draw down. This way you have the potential to win both the primary trades and hedge. With a trailing hedge of 15 pips, the original trades would have closed in net profit. I didn't back test this but perhaps someone can?
Member Since Dec 22, 2010
123 posts
Oct 07, 2014 at 19:17
wow -33.7%DD - again on C2 master
Member Since May 04, 2012
1534 posts
Oct 07, 2014 at 19:23
(edited Oct 07, 2014 at 19:34)
What were the odds to have two full SL within 3 trading days after such a perfect performance for a year...?
Well, on August 18, 1913 at one of the roulette tables at the Monte Carlo Casino the ball landed on BLACK 26 consecutive times in a row...
What were the odds...?
Well, on August 18, 1913 at one of the roulette tables at the Monte Carlo Casino the ball landed on BLACK 26 consecutive times in a row...
What were the odds...?
Member Since Dec 22, 2010
123 posts
Oct 07, 2014 at 19:56
(edited Oct 07, 2014 at 20:01)
Tomas will have to go through very hard months now and i think will loose a lot of subscribers
if i look at the list of private subs... a sea of red... poor guys :-/
if i look at the list of private subs... a sea of red... poor guys :-/
forex_trader_136673
Member Since Jun 28, 2013
842 posts
Oct 07, 2014 at 23:36
(edited Oct 07, 2014 at 23:41)
FxMasterGuru posted:
What were the odds to have two full SL within 3 trading days after such a perfect performance for a year...?
Well, on August 18, 1913 at one of the roulette tables at the Monte Carlo Casino the ball landed on BLACK 26 consecutive times in a row...
What were the odds...?
0.000000000000000000000000000000000000000084%. Calculated for roulette woth 36 numbers and two 0 and 00.
It is an unlikely event but, the chances are not 0. Given the fact that there are thousand casinos working non stop, it is a sure thing it will happen again :)
