Frero (by wassel2017) Quick Stats
Gain: +12213.92%
Drawdown: 44.21%
Pips: 47023.3
Trades: 2152
Won:
Lost:
Type: Real
Leverage: 1:50
Trading: Manual

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Frero Discussion
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aranciata

Member Since Aug 30, 2018  13 posts aranciata Sep 04 at 13:56
jaytrad00 posted:
I believe the market is expecting a retracement to 1.102x area, the previous area of interest and major support. This is the reason why Frero put so many trades below this area, once we get to that level we will break even, not sure about making a profit though. Hold tight we will get there.


You were right! On my screen the price rose to 1.1023 and then pulled back a little. My unrealized loss is now about one-third what it was at its worst. I'm holding on.

JForex78

Member Since Apr 25, 2019  5 posts JForex78 (JForex78) Sep 09 at 20:03
Can someone explain to me how these Systems will eventually win?

A signal can make 20% per month - thats fine.

Next month, it draws down to -30%.
At this time, we dont know if it will recover or go further down.

One possibility is it recovers.

Other real possibility is it drawsdown further to 50%.

Now, we can stick to it and hope that it recovers. Which may further go down to 0%.
Giving us a net (+20-100) = 80% loss.

Or, we can protect and close out manually at 50%.
Now we have a (+20-50)=30% loss.

Either way, the drawdown certainly exceeds monthly gain.

So, how will these systems ever work, when the downside loss is 100%, and upside gain is 20%.
Just one day can wipe out 5 months gain.

wrbking

Member Since Apr 09, 2019  12 posts wrbking Sep 10 at 19:10
JForex78 posted:
Can someone explain to me how these Systems will eventually win?

A signal can make 20% per month - thats fine.

Next month, it draws down to -30%.
At this time, we dont know if it will recover or go further down.

One possibility is it recovers.

Other real possibility is it drawsdown further to 50%.

Now, we can stick to it and hope that it recovers. Which may further go down to 0%.
Giving us a net (+20-100) = 80% loss.

Or, we can protect and close out manually at 50%.
Now we have a (+20-50)=30% loss.

Either way, the drawdown certainly exceeds monthly gain.

So, how will these systems ever work, when the downside loss is 100%, and upside gain is 20%.
Just one day can wipe out 5 months gain.


You are right

tk51

Member Since Sep 29, 2018  7 posts tk51 Sep 12 at 18:03
You should only judge when the signal is closed.

i have seen a lot and experienced a lot, frero is the best i have seen


JForex78

Member Since Apr 25, 2019  5 posts JForex78 (JForex78) Sep 12 at 18:07
tk51 posted:
You should only judge when the signal is closed.

i have seen a lot and experienced a lot, frero is the best i have seen



This is not about Frero.

This is a general question, that how can a signal that makes 10-20% a month, be profitable eventually, when it can lose 10-20% every few months. And can lose 100% on any day.

About waiting till signal close - yes - we can let it drawdown to 20%, 30%, 50%, 70%... and then if trader closes positions, we are not at 70% loss. May be 100% loss.

So while waiting to rebound is fine, there's no way to tell if it will come back from 50% drawdown.

So you can only know when trader closes - which can be at 0.

wmsgfred

Member Since Sep 01, 2015  17 posts wmsgfred Sep 13 at 06:43
Hey but there is always a great possibility Frero
will go down to ZERO

wmsgfred

Member Since Sep 01, 2015  17 posts wmsgfred Sep 13 at 06:44
There must be a safer way to trade!

wmsgfred

Member Since Sep 01, 2015  17 posts wmsgfred Sep 13 at 06:46
Past performance records do not g'tee future results

wassel2017

Member Since Oct 27, 2016  8 posts Wassel (wassel2017) Sep 13 at 08:52
Dear All
Many thanks for your contribution.
The system doesn't go to zero as stop loss is when DD reaches 50% - so in worst case scenario only 50% of the account is lost. Let me recall that the system started with 77k, thereafter 2.3M were withdrawn and the current balance is 840k or so... So worth it give a try? I don't rely on followers' money and I don't want to mislead you, but let me assure that I know many smart followers who made good money with Frero system and are extremely happy (if you follow the system with 50% of the lot size opening, you don't risk more than 25% of the account). For those who find the subscription fees are too high, there is another way to follow the system.
 

wrbking

Member Since Apr 09, 2019  12 posts wrbking Sep 13 at 09:01
wassel2017 posted:
Dear All
Many thanks for your contribution.
The system doesn't go to zero as stop loss is when DD reaches 50% - so in worst case scenario only 50% of the account is lost. Let me recall that the system started with 77k, thereafter 2.3M were withdrawn and the current balance is 840k or so... So worth it give a try? I don't rely on followers' money and I don't want to mislead you, but let me assure that I know many smart followers who made good money with Frero system and are extremely happy (if you follow the system with 50% of the lot size opening, you don't risk more than 25% of the account). For those who find the subscription fees are too high, there is another way to follow the system.
 


ᴀᴄᴛᴜᴀʟʟʏ ᴍᴀᴍ sʏsᴛᴇᴍ ɪs ᴍᴜᴄʜ ᴍᴏʀᴇ ʀᴇʟɪᴀʙʟᴇ ᴛʜᴀɴ ᴛʀᴀᴅᴇ ᴄᴏᴘʏ sʏsᴛᴇᴍ.

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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.