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Petra Moderate (By PetraFx )

The user has deleted this system.

Petra Moderate Discussion

PETRAFX.COM
PetraFx
Feb 09 2010 at 18:30
37 posts
Thank you for stopping by at PetraFX managed forex systems!

We are traders first and are fully committed to producing the best trading results on a trading account. We have begun offering managed accounts since 2008 and are currently managing 2 live portfolios. You can track and monitor our performance at https://www.myfxbook.com/members/PetraFx .

These show data from our real accounts, so what you see is what you get.

Account 1 is currently performing with daily profits at a compounding rate of around 0.63%, and Max Draw Down (DD) around 2.0%. Profits factor =1.50

Account 2 has daily profits compounding around 1%, Max DD around 2.47%, and profits factor is 1.97. Account 2 is trading at a larger lot size per account than account 1 - This means account 2 has a higher risk profile than account 1.

Clients of PetraFX managed account program invest in their own account with FXCM UK/ATC, and our trades are mapped to your account. We charge a certain set of percent performance fees based on the “high water mark” principle.

Our Trading Style
No Grid style of trading:, Most our trades are closed within an average of 40 minutes, so there is no floating DD on four of our systems which lasts more than 1 hour. Our 5th system trades on a daily timeframe, having positions which last for several days according using our swing position trade strategy.

No Martingale money style of trading:
We are consistently growing funds around 0.65% per day for account 1, and control the total MAX DD to lie below 2.5% during the entire trading period. We strive to eliminate surprises of “sudden ups and downs” in the market.

Our systems continuously adapt to the market condition: To put it simply, we have coded, and will continue coding our trading experience into the systems. This flavour and philosophy of trading is not commercially available on other market places.

As the saying goes – think like a computer and you will soon be replaced by one. Although we have 5 systems running on the accounts, we will not fully leave things in the hands of software. Two full time traders, each with more than 10 years trading experience, babysit the systems around the clock and interfere should unforeseen situations arise. So, from time to time, we do step in and replace the computer.

The traders’ suggestions and observations form the basis on how we improve the system. Suggestions are coded and thereafter rigorously verified against past 10 years data. In doing so, our systems are adapted while evolving into better and safer handling of market conditions.

In summary, you can say that our work style collects and recycles our collective trading experience. We believe this to be a winning strategy as the net sum will become larger than that of any individual.

OUR LIVE TRACK RECORD CAN BE FOUND ON
https://www.myfxbook.com/members/PetraFx

WE INVITE YOU TO BUILD YOUR WEALTH WITH PETRAFX TODAY. DO CONTACT US VIA ANY OF THE BELOW CHANNELS
Skype: PetraFx ~ MSN: [email protected] ~ Email: [email protected]

PETRAFX
Building People Building Trust Building Wealth
Facebook: https://bit.ly/7x5hhR
PETRAFX.COM
PetraFx
Feb 17 2010 at 18:42
37 posts
please note that [email protected] is on leave till 20 Feb 2010. Will resume updating after this date.
PETRAFX.COM
PetraFx
Mar 02 2010 at 05:12
37 posts
There is a discrepancy in the reporting of DD in this stat page. We have contacted MyFxbook to help in rectifying this problem so as to show the correct figures to visitors and subscribers.

Thank you
kennyhubbard (compuforexpamm)
Mar 02 2010 at 06:36
265 posts
Whats your definition of Drawdown?

You went from a peak of $41k to $31k............looks pretty close to 24% to me?
Wealth Creation Through Technology
PETRAFX.COM
PetraFx
Mar 02 2010 at 07:12
37 posts
Thanks for your contribution.

Lets see how Myfxbook reply to our query.

41k to 31k was due to clients' fund movements. If your argument is correct, our other portfolio (Conservative) went from 50k to 98k, then why was this not adjusted accordingly?
PETRAFX.COM
PetraFx
Mar 02 2010 at 10:06
37 posts
What can we say about the response speed about MyFxbook support.
They have fixed the problem for us almost instantly and what you see now is correct.

2 thumbs up to you guys at MyFxbook!
FX Endoso (fxendoso)
Apr 14 2010 at 09:25
8 posts
has been following. outstanding results. congrats
PETRAFX.COM
PetraFx
Apr 24 2010 at 17:48
37 posts
Weekly performance (17 to 24 Apr) for Petra Moderate portfolio.
Weekly gain = 10.34%
Overall gain = +58.96% since 15 Jan 2010

<a href='' target='_blank'><img src=''/></a>
PETRAFX.COM
PetraFx
May 02 2010 at 04:22
37 posts
Weekly performance (23 to 30 Apr) for Petra Moderate portfolio.
Weekly gain = 0.69%
Overall gain = +59.64% since 25th Jan 2010
PETRAFX.COM
PetraFx
Sep 09 2010 at 09:58
37 posts
PetraFx wishes all Muslim members of this forum Selamat Hari Raya!

We pray for love, understanding and peace among all this year through.

Team PetraFx
got facebook? https://bit.ly/5GXmdi
Will Schaarrand
pipinvestment1
Nov 27 2010 at 02:18
219 posts

PetraFx posted:
  

Our Trading Style
No Grid style of trading:, Most our trades are closed within an average of 40 minutes, so there is no floating DD

with 62% Equity?

You should update your summary with something more accurate, based on current performance.

The performance on EURUSD and AUDNZD are wonderful. Running the EA on only these two pairs would have performed well.

Best luck with this EA.
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