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Pivot Trader PRO Automated (By pivottraderpro)

Gain : +926.69%
Drawdown 24.12%
Pips: 9199.4
Trades 496
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

Pivot Trader PRO Automated Discussion

furuku89
May 14 2015 at 11:00
7 posts
There is a trade pair under eurusd. Holding -500pips more 2 weeks. Draw down quite high

Rooi
May 18 2015 at 06:50
38 posts
For the owners.........

Does this system place a hard SL?

Has anyone here used it for a couple of months and what do you think ?

kanon103
May 18 2015 at 19:02
99 posts
Rooi posted:
For the owners.........

Does this system place a hard SL?

Has anyone here used it for a couple of months and what do you think ?


what do we think? how about you learn to think? is this really a system for you?

Rooi
May 19 2015 at 09:52
38 posts
kanon103 posted:
Rooi posted:
For the owners.........

Does this system place a hard SL?

Has anyone here used it for a couple of months and what do you think ?


what do we think? how about you learn to think? is this really a system for you?


This is why I asked the question.

Does it place a hard SL or what are the exit criteria so I can look at the worst case scenario.

I emailed Doug about it and awaiting a reply...........

But thank you for the kind words.

All the best

Rooi

Ytre
May 25 2015 at 08:53
7 posts
I'm using it, and this is what I think.

The system takes HUGE risks. Must be used with the smallest lot size possible and only on accounts well founded (minimum 10.000$). Early or later it will hit big losses, it's inevitable. More time passes, more likely it will be.

You must have the required tollerance to use it. It's hard to follow and not for everyone, but it's a good system. At least good enough for me.

It has hard stops but very, very, VERY far from the entry.

Please, dont't blame Dough. People saying he's cheating must prove they are able to produce the same equity curve or better. I don't think they can. If you let the system blow your accont it's your fault, not Dough fault.

That's my opinion.

Have good trade.

furuku89
May 25 2015 at 12:00
7 posts
Its profitable. Try to use the minimum risk as given or lower than that. I use risk level 2 . Thinking of lower down again

FXtrader2010
May 25 2015 at 20:15
724 posts
Damn sounds very disappointing, not going to invest in this, rather go with one his older pieces like venture bot or something

Rooi
May 25 2015 at 20:28
38 posts
Is the hard SL dynamic for each pair or the same and what is it please then we can think about how much risk it really puts in every trade.

No doubt this is a good system and is profitable so far.

I am waiting the rest of the year to see what happens to it.

Like said above.Is everyone's own responsibility to think about their accounts and the risks

seeyuhere (seeyuhere)
May 26 2015 at 10:47
12 posts
It is a long term trading strategy. With a small lots to bring you great profit but your account must be big enough to tolerate the draw down. Look at Doug's history and you will know if you can overcome your impatience, you can bring back profit more than you can expect. I am using Vortex & Pivot, both are best!

vortextraderpro
May 26 2015 at 15:22
84 posts
Thanks - seeyuhere - appreciate the positive feedback.

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