Fx-SignalProvider (By Fxsignalprovider)

Gain : +71.31%
Drawdown 16.89%
Pips: 7534.9
Trades 389
Won:
Lost:
Type: Real
Leverage: 1:50
Trading: Manual

Fx-SignalProvider Discussion

Apr 07, 2016 at 03:22
462 Views
5 Replies
Member Since Dec 04, 2010   1557 posts
Apr 28, 2016 at 14:21
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.
Member Since May 04, 2012   1608 posts
Apr 29, 2016 at 02:28
aeronthomas posted:
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.

At this point I would approach this strategy with careful optimism as it has only 5 weeks of profitable history.

Should the performance remain stable (i.e. without major DD) for another 2-3 months, it should be a reasonably good candidate for signal subscription.
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Member Since Dec 04, 2010   1557 posts
Apr 29, 2016 at 02:56
FxMasterGuru posted:
aeronthomas posted:
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.

At this point I would approach this strategy with careful optimism as it has only 5 weeks of profitable history.

Should the performance remain stable (i.e. without major DD) for another 2-3 months, it should be a reasonably good candidate for signal subscription.

agreed I always wait before subscribing, fingers crossed for him.
Member Since May 04, 2012   1608 posts
Apr 29, 2016 at 03:22 (edited Apr 29, 2016 at 03:24)
aeronthomas posted:
FxMasterGuru posted:
aeronthomas posted:
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.

At this point I would approach this strategy with careful optimism as it has only 5 weeks of profitable history.

Should the performance remain stable (i.e. without major DD) for another 2-3 months, it should be a reasonably good candidate for signal subscription.

agreed I always wait before subscribing, fingers crossed for him.

Personally I have been a 'shit magnet' for signal providers over the past 4-5 years; within a few weeks or latest within 2 months after my subscriptions ALL of them have produced never seen major DDs. The record was a total wipe-out within 12 hours after my subscription (which came after many months of stable performance on the signal provider's account).

So - obviously - I am very 'scpetic' and critical with any signals...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Apr 07, 2016   5 posts
May 01, 2016 at 14:32
aeronthomas posted:
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.

Aeronthomas, glad you see value in our performance. We launched 2 weeks ago, and we were able to convert 65% of our trial members into paying subscribers, we were very surprised and happy that people saw value in our service.

We've recently partnered with FXPrimus, and we're providing an exclusive service to their customer base so we're not allowed to start a copying service (at least for now) However you're more than welcome to join our account management service offered through them or purchase a subscription to our signaling service. You will receive the alerts on your phone + email with more than enough time to enter the trade since we target 100 pips at least per trade - I'm sure you saw that in the myfxbook stats.

Get in touch pal :)

Email: [email protected]
Skype: Fx-signalprovider
fx-signalprovider
Member Since Apr 07, 2016   5 posts
May 01, 2016 at 14:42
FxMasterGuru posted:
aeronthomas posted:
Looks good so far keep it up. Will this signal be available on simpletrader.com or signalstart.com for a monthly subscription? Good to see monthly profit higher than maximum drawdown, those are the types of signals I like.

At this point I would approach this strategy with careful optimism as it has only 5 weeks of profitable history.

Should the performance remain stable (i.e. without major DD) for another 2-3 months, it should be a reasonably good candidate for signal subscription.

When looking at signaling or account management service, one does not pick certain time frame and make claims of profits and losses. Trading is a business, and like any business sometimes there are costs that are paid that might result in a negative month, in our case it was a cost that resulted in our account being -2.40% of its initial deposit for under a week.

As a trader, we look in long term. Sometimes we have a losing day, losing week, and I'm sure we might experience a losing month in the future, but being making money in the long term with the minimal drawdown possible is our goal.

So saying that the account has only been profitable for 5 weeks is not the best way to describe a trading account. Instead, it should be described as such, this is a 3 month trading account, it's very young and it has endured a maximum drawdown of 12% which can be seen in march 23; however, the account is currently 43%.

Having said that, I respect your view and I do understand what you were trying to convey. Thank you for believing in our performance and being optimistic, we'd like to have you on board in the future.
fx-signalprovider
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