FireYourBossV1 (By forexpipmaker)

Gain : +8.88%
Drawdown 11.89%
Pips: 1460.9
Trades 367
Won:
Lost:
Type: Real
Leverage: 1:1000
Trading: Automated

FireYourBossV1 Discussion

Mar 15, 2019 at 02:55
538 Views
5 Replies
Member Since Sep 03, 2018   1 posts
Mar 17, 2019 at 09:30
how to copy your trdes
Member Since Dec 09, 2011   42 posts
Mar 21, 2019 at 09:18
taibu posted:
how to copy your trdes

You can go to www.thebinarylab.net/forexea. I have information on that there.
To live the life of the Professional Bum.
Member Since Dec 09, 2011   42 posts
Mar 21, 2019 at 09:23
To all tracking this account, I'd like to account for today's -3.73% - this was a glitch where my loss protection feature executed on all pairs - not just the chart it was applied to. I am reviewing this with my programmer and will be fixed in the soonest time. However, we should be able to cover lost ground by an improvement on how the take profit is done. I have a new feature to let the winners run, rather than to be exited at intervals, which may cause it to lose out on bigger profits in the event of a big market move if it had to wait for the next 15min bar to enter a new trade.
To live the life of the Professional Bum.
Member Since Oct 12, 2016   1 posts
Mar 21, 2019 at 14:54
Hi Julian, I believe it's a $300-500 deposit to join your PAMM. What percentage of profits would you take?
Member Since Dec 09, 2011   42 posts
Mar 22, 2019 at 02:09
AndrewF posted:
Hi Julian, I believe it's a $300-500 deposit to join your PAMM. What percentage of profits would you take?

No actually, existing members of my Binary or Forex masterminds can receive my bare-bones EA and trade with $300-500, with their own optimizations. But other than that, contact through my page https://thebinarylab.net/forexea. it's minimum $1000, and commission on profit is 30%
To live the life of the Professional Bum.
Member Since Dec 09, 2011   42 posts
Mar 26, 2019 at 03:00 (edited Mar 26, 2019 at 03:02)
Hi everyone. I have taken the system offline to inspect and investigate my coding which caused a TP on one of the pairs (AUDUSD) to globally close all trades, regardless profit or loss. Obviously, this isn't part of the plan, because my personal lost profit exceeds any performance commission from the PAMM followers. This arose in my excitement to use my new profit calculation algorithm to generate more profit to cover lost ground from the previous glitch - when I should have instead subjected it for longer private testing. Fortunately, majority of my PAMM followers are ultimately profitable, while some who joined later had a nett loss of 4-5%. For those affected, I have a separate performance fee arrangement to compensate and make it worthwhile for them. Nonetheless, when the system is working properly, this will be regained in no time. My only regrets are in getting so close to be able to help about a dozen people now, see double digit returns for the first time, in their forex investing; and also the overall stats - which could have gone into the mid-double digits in the next 1-2 days had this not occurred.

I am since restarted my system and on a FXTM ECN ZERO - which is no commission. With Brexit concerns all around, I have decided to take this opportunity to get out of all GBP pairs. I did initially want to include AUDNZD for some time now, but after realizing the high spreads, I think it's no point. To replace GBPUSD and EURGBP, I have instead included USDCAD and EURAUD which have excellent backtest results on both buys and sells over the past 3 months which have seen several big movements in the market.

Please look out for FireYourBossV2 - where you will see my new profit calculation algo in full effect, which will result in far greater 'Profit Factor' and 'Expected Payoff' figures.

I am committed to making regular optimization and future upgrades to this system so that this will be the closest to the Holy Grail in FOREX investing that anyone can get and become a Top 20, and then Top 10, and Top 5 system in MyFxBook.

Sincerely,

Julian
Binary Lab / Forex Learning Group
https://facebook.com/thebinarylabpage
To live the life of the Professional Bum.
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