Frero (by wassel2017) Quick Stats
Gain: +18156.78%
Drawdown: 54.56%
Pips: 56860.9
Trades: 2426
Won:
Lost:
Type: Real
Leverage: 1:50
Trading: Manual

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Frero Discussion
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wrbking

Member Since Apr 09, 2019  23 posts wrbking Oct 26 at 03:27
JForex78 posted:


This is a general question for all signals - but I am posting here because I am a Frero subscriber and it shows a big balance.

How do we know how much in master Frero account is trader's own money, and how much is investors money.

This makes a big difference.

Imagine trader is trading only $5000 of his own money, and million dollars of investors.

One day trader could blow up his own $5000 with a few bad trades.
He may not do it on purpose - but mistakes happen. No one is perfect.

Blowing up a small amount like that is very convenient for trader - but this also blows up million dollars of investors too.

The smaller trader's own money - more conveniently this mistake can happen. And more risk investors have.

For all we know, trader may be trading this account with only $1000. Its just a master account giving directions to follower accounts.



Wassel:Dear fellow, don't be jealous. It is all my own money made by trading.

ndasilva

Member Since Oct 25, 2019  1 posts ndasilva Oct 26 at 17:53
I am new to this. I was thinking about following this frero signal. Whats all that about paying a fee on another copy website? Can't we just copy him through myfxbook just like that?
I would appreciate some help.

noefekts

Member Since Nov 01, 2018  11 posts noefekts Oct 26 at 19:23
ndasilva posted:
I am new to this. I was thinking about following this frero signal. Whats all that about paying a fee on another copy website? Can't we just copy him through myfxbook just like that?
I would appreciate some help.


Hi,

you can't copy directly from myfxbook. Myfxbook is mostly used to show/share actual trading results. Copying should be done via signalstart.com (it is kind of related to myfxbook company, search for frero there) or you could message Wassel to join his MAM (you should have minimum 5000$ account).

riversaile

Member Since May 27, 2019  9 posts riversaile Oct 27 at 07:29
JForex78 posted:
riversaile posted:

On MQL5, you can see the amount that Wassel trades with (1 million euros). Here is the link https://www.mql5.com/en/signals/560178

The Frero system is one of the few system's that back their results with real and substantial amount of capital.


In this MQL5 Frero link - https://www.mql5.com/en/signals/560178

Are there only 9 followers? It doesnt sound right looking at this forum.

Also what does 120K USD mean under followers?

Is that follower's money? And remaining USD 1 Million @wassel2017 's money?

Just trying to understand.



Under MQL5, you can see both his OWN trading account (1 million euro) and the total funds of all his subscribers (121k USD)

There are only 9 followers who follow him via MQL5, including me.

It does not track his followers who follow him via myfxbook or Signal Start, or his tickmill MAM system.


riversaile

Member Since May 27, 2019  9 posts riversaile Oct 27 at 07:29
ndasilva posted:
I am new to this. I was thinking about following this frero signal. Whats all that about paying a fee on another copy website? Can't we just copy him through myfxbook just like that?
I would appreciate some help.


Contact him directly to ask about the MAM system. I believe that you'll have a better time following him using that system.

wrbking

Member Since Apr 09, 2019  23 posts wrbking Oct 27 at 16:00
JForex78 posted:


This is a general question for all signals - but I am posting here because I am a Frero subscriber and it shows a big balance.

How do we know how much in master Frero account is trader's own money, and how much is investors money.

This makes a big difference.

Imagine trader is trading only $5000 of his own money, and million dollars of investors.

One day trader could blow up his own $5000 with a few bad trades.
He may not do it on purpose - but mistakes happen. No one is perfect.

Blowing up a small amount like that is very convenient for trader - but this also blows up million dollars of investors too.

The smaller trader's own money - more conveniently this mistake can happen. And more risk investors have.

For all we know, trader may be trading this account with only $1000. Its just a master account giving directions to follower accounts.



I subscribe Frero Signal from May 2019. I see the whole process of how he makes money. It was about 1.5 million profit 5 months ago, now the profit of Frero is 2.5 million. I guess someone who trades with his own 5000 dollars can't manage 1 million money well.

But the DD of Frero is quite big because of the method he trades. I quit for two month and subscribe again because he always makes money at last. Now I join the MAM. Luckily all my money is well managed.

I believe Frero is one of the best signals on the internet.

tk51

Member Since Sep 29, 2018  17 posts tk51 Nov 02 at 18:15
I have been with Frero since mid May. I am super happy and I will now join the 'MAM' at FX Choice.

not only is performance important to me, but also the nature of the trade. And this species is very different with Frero than 90% of the dealers.

Thanks for the opportunity
keep it up


Europe10

Member Since Nov 03, 2019  3 posts Europe10 (Europe10) Nov 03 at 13:49
i wont be joining looks to risky

aqm019

Member Since Sep 13, 2013  1 posts aqm019 Nov 04 at 04:53
To say you the truth frero inspires me a lot but this account with 1 million euro is it his own account or total 'MAM' balance is showing here..if it's his own account then how much is invested in 'MAM'.. we would like to know .Please answer Wassel .

aranciata

Member Since Aug 30, 2018  39 posts aranciata Nov 04 at 09:50
Waassel answered the above question on Oct 25, when he posted:

Dear All
The Frero account as well as Velocity and little Frero accounts are personal accounts (they are not MAM master accounts), consequently all those accounts' balances are own and personal money.
Best

So all the money in his Frero account is hi own.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.