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RedRhinoFX ATS 10 (by RedRhinoFX)

The user has deleted this system.
Frank (RedRhinoFX)
Jan 10 2016 at 14:13
395 posts
My MT4 system here will be the master account for the cMirror account going forward. It is low risk and we can't expect the performance that you've previously seen. The December performance on the cMirror was extreme risk with 400% gain in the first 30 days. That won't happen again. You can follow on your ctrader account here -

Frank (RedRhinoFX)
Feb 01 2016 at 17:08
395 posts

New adjustments for 2016. Low risk with under 1% drawdown.

January 2016: 3.9% Gain


Ozzie Matt (aeronthomas)
Feb 02 2016 at 10:14
1557 posts
what do you expect will be the maximum drawdown now you have made modifications? cheers

Feb 05 2016 at 06:50
48 posts
Hi Frank,
     I can't seem to get it to come up on cMirror. Also why are you apparently modifying it to a lower returning system?

Feb 17 2016 at 04:58
48 posts
Logged in to cMirror. 57556-Account does not exist. I have signed up for cMirror and that is what I get. What am I doing wrong?

frank (RedRhino)
Feb 17 2016 at 05:35
471 posts
@aeronthomas Equity protection at 16% ( 32% on 2x).
@terrrafx 1000% annual gain with 62%DD is equivalent to 100% annual gain with 6%DD by simply adjusting Risk.
@ckdorgay - I have setup 3 cMirror accounts for $200+ balance size: and these accounts started trading this week (no trading history). I also see that cMirror doesn't display the statistics correctly today, so I hope to see the data update after a week of trading.

frank (RedRhino)
Feb 17 2016 at 05:38
471 posts
Please avoid the $4000 balance cMirror account for the time being. cAlgo platform has severe data issues with fetching the correct MarketSeries DataSeries from multiframe. This means all Price Action logic does not work correctly on all cBots. I have no way to run the algo's correctly without the correct data series ( debugging, testing for over 2 days....).

Frank (RedRhinoFX)
Feb 19 2016 at 08:40
395 posts
New Equity High Today. Basket Closed.

Feb 19 2016 at 11:46
118 posts
terrrafx posted:
DD 62% big risk

 Yes it is a huge risk, and all it means is that the person doesn't have good money management rules! When his position goes into red, instead of closing it, he continues to add into which puts him deeper in red. Being that this system isn't entering into big lots sizes, a 62% drawdown is unacceptable and it what he risk has nothing to do with his profit!

My avatar explains "social trading" perfectly.
Frank (RedRhinoFX)
Feb 19 2016 at 12:18
395 posts
Sorry but that is untrue. I trade for a living and the risk was acceptable for the profit achieved. Risk can always be turned up or down to fit the individual goal. Since I don't risk all my funds in one trading account I can tailor each trading system with a certain level of risk to achieve my end goal. The main purpose of this is to diversify and spread the portfolio risk across several systems, several accounts at different risk levels and several systems at different risk levels on 1 account.

I am not a manual trader living from one trading account like some professionals. I do it differently with more focus on portfolio management and risk calculations.

@goyankees85 Also Risk has everything to do with the amount of profit one achieves, you'll realize this hopefully sooner than later. Best luck with your trading.

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