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Chronicity (By ali66sh )

Gain : -92.5%
Drawdown 99.88%
Pips: -223833.0
Trades 2908
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Manual

Chronicity Discussion

ironpips (ironpips)
Dec 04 2016 at 09:42
14 posts
nice account!

what do you recommend using mql5 or signalstart?

best regards

ali66sh
Dec 04 2016 at 11:07
28 posts
Dear Iron Pips

Hello,

thanks for your interest.

I should emphasize to read signal description before joining any signal. do not hurry, no rush. Take your time and feel free to ask any questions. And with regards to choosing between mql5 or signal start i can not unfortunately make a recommendation because it might be deemed as advertising which is prohibited. however generally there should not be much of a difference. you probably can ask other traders too.

All the best
Alireza

ironpips (ironpips)
Dec 04 2016 at 13:14
14 posts
alierza, yes in signalstart/mql5 I can read the description. Nice job about the explanation.

I have a few questions:

1) What is the minimum/recommended deposit?
2) What kind(ecn?) or what broker your signal works better with your signal? I see that you're using fxopen
3) How many times in a month (once in a month, weekly) you close all the trades for withdrawal/deposits?
4) Do you trade during news/big events?

tks

ali66sh
Dec 04 2016 at 15:24
28 posts
Hello again,

thank you,

1) minimum is recommended to be 1000 $ however it is not an obligation.

2) Yes, I am using fxopen as my broker and it is okay till now, However I can not make any specific recommendations. By the way this signal runs on a VPS server in the US (FYI).

3) I have to emphasize that trades are only closed by SL/TP and not by other factors such as time limit, end of month re-balancing, war, love, brexit, grexit, Oexit, elections etc. Only by SL or TP. because this signal is pure technical analysis and not fundamental. Albeit i should say that market conditions are continuously monitored which might result in change of SL/TP positions it means that they are not hard stops. beware of this too. Also my personal withdrawals or deposits should not affect your copying because I think the system calculates the ratio of provider and follower balance and will copy according to your own margin and equity. At least I think you can set it to do so. I recommend you to consult with the website developers about this because i am not completely informed and there will be no guarantee that i wont do withdrawals or deposits at any time (although probably will be not often to do so).

4) Yes, As i said because the signal is based on technical analysis it does not care even a bit about fundamentals. In our perspective we make the fundamentals and not them. However positions might be reduced in case of minor technical signs of reversal. this reduction might be a little augmented if significant risks are eminent.

hope this was helpful
All the best
Alireza

z4ns (z4ns)
Dec 18 2016 at 08:48
19 posts
ali66sh posted:
Hello again,

thank you,

1) minimum is recommended to be 1000 $ however it is not an obligation.

2) Yes, I am using fxopen as my broker and it is okay till now, However I can not make any specific recommendations. By the way this signal runs on a VPS server in the US (FYI).

3) I have to emphasize that trades are only closed by SL/TP and not by other factors such as time limit, end of month re-balancing, war, love, brexit, grexit, Oexit, elections etc. Only by SL or TP. because this signal is pure technical analysis and not fundamental. Albeit i should say that market conditions are continuously monitored which might result in change of SL/TP positions it means that they are not hard stops. beware of this too. Also my personal withdrawals or deposits should not affect your copying because I think the system calculates the ratio of provider and follower balance and will copy according to your own margin and equity. At least I think you can set it to do so. I recommend you to consult with the website developers about this because i am not completely informed and there will be no guarantee that i wont do withdrawals or deposits at any time (although probably will be not often to do so).

4) Yes, As i said because the signal is based on technical analysis it does not care even a bit about fundamentals. In our perspective we make the fundamentals and not them. However positions might be reduced in case of minor technical signs of reversal. this reduction might be a little augmented if significant risks are eminent.

hope this was helpful
All the best
Alireza


Hi Alireza,

Do you use trailing stop to lock in the profits in the event market reverse against you?

Cheers.

ali66sh
Dec 18 2016 at 10:59
28 posts
Dear Z4ns,

Hello,

Generally No , I do not use trailing stops however occasionally it might be applied.

If signs of reversal become imminent SL/TP will be justified accordingly. it is all calculated and based on technical analysis and not chance !

Regards
Alireza

aeronthomas (aeronthomas)
Dec 20 2016 at 12:53
1557 posts
certainly smart to use SL and TP each trade, one of the better signal providers on signalstart for sure

ricki72
Dec 20 2016 at 13:22
238 posts
12.82% in 15 days, 5.9% DD and 70% floating profit!!
https://www.myfxbook.com/members/ricki72/copy-chronicity/1847445

This is what call a good work, professionalism, safety and reliability!
Not to forget the very nice and opened support!

Many bad and dangerous signal providers could take a slice of the cake here! 😉

The differenece between who your are and who you would like to be be is what you do
ironpips (ironpips)
Dec 25 2016 at 08:53
14 posts
@ricki72 thanks for sharing your results! you're a good resource to this community always sharing your toughts and experience!

@ali66sh I have a question. Since you does not close your trades weekly because you stick to your strategy, When should be a good time to start to follow you without opening a high DD because of the opened trades?

tks!

ali66sh
Dec 25 2016 at 10:58
28 posts
Dear Ironpips

Hello,

First of all I should say previously opened trades will not prevent us from getting new ones plus opening new trades are based on closed profit and not floating. And second because opened trades will be only closed by SL/TP i can not give you a specific time which can be the best time to join. However I could suggest waiting for the EUR/USD trades to be concluded whether by hitting TP or SL. It is expected to happen sooner rather than later. Again as i said there is generally no best time and this is just an option to be considered. All in all remember not to rush and just take your time. there are always opportunities out there and there is nothing to miss. And by the way there is always risk of loss too. So be safe !

All the best
Merry Christmas & Happy New Year
Alireza

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