FX Viper MAMM IC Markets 3X Risk (By forex_trader_135331)

The user has deleted this system.

FX Viper MAMM IC Markets 3X Risk Discussion

Jun 29, 2014 at 20:34
2,149 Views
16 Replies
Member Since Jan 30, 2013   136 posts
Oct 16, 2014 at 13:27
Good trading mate! cheers!
Who Dares WIns
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jul 25, 2015 at 13:33 (edited Jul 25, 2015 at 13:35)
yes fellow canadian ,way to go 😄
Member Since Jan 23, 2015   6 posts
Dec 04, 2015 at 10:59
Its really great like it (Y)
Always avoid martingale style
Member Since Jun 12, 2015   2 posts
Jun 26, 2016 at 06:58
Why are there so many deposits and withdrawals with this account? This appears to be diluting performance statistics..
Member Since Jun 29, 2015   21 posts
Aug 06, 2016 at 11:50
money0101 posted:
Why are there so many deposits and withdrawals with this account? This appears to be diluting performance statistics..

Because this is a MAM account most MAM/PAMM accounts will have this due to investors depositing and withdrawing, this is unavoidable.

I've been following Jeff now for the past two years and have my own funds with him, the returns have been good but for me now the profits slightly outweigh the risk. I follow two other traders also one of which producing higher returns than Viper with less drawdown and the other is a more aggressive approach. 

riskmanymany2017
forex_trader_351636
Member Since Aug 13, 2016   9 posts
Aug 14, 2016 at 06:46
-119806.4 PIPS !!!!!!!!!!!!!!

Average Win: 8.07 pips

Average Loss: -263.53 pips


BIG BIG MARTINGALE !!!!!!!!!!!!


You are blind friends ???????????????????
Member Since Jul 08, 2014   435 posts
Aug 14, 2016 at 09:39 (edited Aug 14, 2016 at 09:41)
riskmanymany2017 posted:
-119806.4 PIPS !!!!!!!!!!!!!!

Average Win: 8.07 pips

Average Loss: -263.53 pips


BIG BIG MARTINGALE !!!!!!!!!!!!


You are blind friends ???????????????????


I see 15 open trades on EURUSD, between 5-10 lots. wouldn't it go 5,10,20,40,80,160 and so on?

Maybe he averages out and or wins more than he loses?

Max DD 28.18% and that's 3x the actual traders risk. Low draw down considering the risk and it's gone for 3 years.
Keep at it
Member Since Jul 08, 2014   435 posts
Aug 14, 2016 at 12:17
secretmarket posted:
Magiic posted:
riskmanymany2017 posted:
-119806.4 PIPS !!!!!!!!!!!!!!

Average Win: 8.07 pips

Average Loss: -263.53 pips


BIG BIG MARTINGALE !!!!!!!!!!!!


You are blind friends ???????????????????


I see 15 open trades on EURUSD, between 5-10 lots. wouldn't it go 5,10,20,40,80,160 and so on?

Maybe he averages out and or wins more than he loses?

Max DD 28.18% and that's 3x the actual traders risk. Low draw down considering the risk and it's gone for 3 years.

'3X Risk' what does it mean? you do not know?

It means its running 3x fxvipers account ( master account ) which has a max dd of 13.81% since June 2013.
Keep at it
Member Since Sep 01, 2016   17 posts
Sep 02, 2016 at 10:24
i dont understand why pip figure is big loss always?
Member Since Jul 01, 2015   16 posts
Sep 04, 2016 at 06:35
andyjen posted:
i dont understand why pip figure is big loss always?

Greeting's.
Please, take a closer look at his trading history and sort all trades by pip loss / profit.
You will find out that during summer 2016 there were closed a lot of pointless micro sized trades.
As you can see those trades were extremly smaller at size than his usual trades are.
Usual trade size for this MAMM these days is 5 to 6 lot per trade. But those pointless trades were 0.01 to 0.20 lot per trade.

Those micro sized trades were open for more than 150 days and resulted into major pip loss (~ -550 pips per trade).🙄
Each of those trades had a massive impact on overall pip loss figure, but nearly zero impact on cash profit figure.
Because they were only 0.01 lot per trade even a -550 pip loss equals to less than - 0.01% loss of account equity.

Thats why this MAMM has a big loss in pips but still has a nice profit in equity. 😉
Member Since Sep 01, 2016   17 posts
Sep 06, 2016 at 10:53
i cant understand why he would do that?

you still think it is a good signal provider?
Member Since Jul 08, 2014   435 posts
Sep 06, 2016 at 11:19
andyjen posted:
i cant understand why he would do that?

you still think it is a good signal provider?

Maybe he wasn't as confident in the market at those points?

Keep at it
Member Since Sep 01, 2016   17 posts
Sep 11, 2016 at 06:29
where to copy / autotrade this signal?
LunarCycles
forex_trader_356817
Member Since Sep 01, 2016   51 posts
Sep 14, 2016 at 06:43
andyjen posted:
where to copy / autotrade this signal?
Track record not verified, so I guess it does not qualify under Myfxbook rules. I could be mistaken though. I'm new here.
DavidNyama93
forex_trader_309475
Member Since Mar 01, 2016   1 posts
Oct 13, 2016 at 06:46
FXViper got out of his draw-down that is amazing, honestly i have been watching his account for the whole year, to be able to get out of what he was in is absolutely amazing and speaks to the caliber of his trading. Well DONE!!!
Member Since Jan 14, 2014   1 posts
Oct 13, 2016 at 11:46
Fxviper is the Boss, great job. huge mindset.
on the road
Member Since Mar 01, 2013   582 posts
Nov 10, 2016 at 03:53
Oh yeah.. No DD..

Pls post another interview soon nick with jeff. I wanna see his smile. :)
Never Give Up or Give In To The Market
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