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Sector Capital 1 - PriorFX (By BP33 )

The user has deleted this system.

Sector Capital 1 - PriorFX Discussion

BP33
Jun 24 2016 at 09:09
121 posts
Hi everyone,

Taking a break until early next week, probably Tuesday.

Enjoy the profits.

Regards,

BP33

z4ns (z4ns)
Jun 24 2016 at 11:40
19 posts
If you check the myfxbook link, the result for today is +1.16%, the week is $+1.41%.

johndoe2016
Jun 24 2016 at 11:43
58 posts
Pablo51 posted:
johndoe2016 posted:
And BPGE made it.

Nice trading system I must say.

So far one of the best on the market.

Today +1.16% and those -36k pips closed in profit.


Hello Johndoe2016,

You say this is one of the best systems in the market. Do you know any other comparable. I would love to know it.

Thanks and regards.


well from what I have seen in copy trading - autotrade, darwinex, signalstart, simpletrader, signals from mql and various pamms at hotforex a lot are using martingale, grid and big lot sizes to gain and then they crash the account or if they are not using martingale they run with suboptimal performance with high drawdowns or just plain losing all the time.

A lot of systems start changing strategy suddenly etc. Very little consistency.

So, so far I haven't seen comparable systems to this.

z4ns (z4ns)
Jun 24 2016 at 11:46
19 posts
Thanks BP33. Great trading & enjoy your break.

momods
Jun 25 2016 at 14:20
20 posts
I have one questions to investors using this system: what would happen if the USDJPY and GBPUSD did not reverse direction when the draw down was about 11% and instead of dropping 10%, they shoot up 10%????? The strategy might be good, but the risk is very high. my 2 cents.

fxtrader27 (fxtrader27)
Jun 26 2016 at 07:20
3 posts
momods posted:
I have one questions to investors using this system: what would happen if the USDJPY and GBPUSD did not reverse direction when the draw down was about 11% and instead of dropping 10%, they shoot up 10%????? The strategy might be good, but the risk is very high. my 2 cents.


Forex investments are risky but this system is very low risk i think.
and we have agreement to accept up to 45% draw down. also i understanding you are robot seller or looking to manage funds but you have only 2 month track record. so i don't have plan to put my some investments to your robot lol

The work goes on, the cause endures, the hope still lives and the dreams shall never die.
ISFurlan (ISFurlan)
Jun 26 2016 at 18:34
46 posts
fxtrader27 posted:
momods posted:
I have one questions to investors using this system: what would happen if the USDJPY and GBPUSD did not reverse direction when the draw down was about 11% and instead of dropping 10%, they shoot up 10%????? The strategy might be good, but the risk is very high. my 2 cents.


Forex investments are risky but this system is very low risk i think.
and we have agreement to accept up to 45% draw down. also i understanding you are robot seller or looking to manage funds but you have only 2 month track record. so i don't have plan to put my some investments to your robot lol


Did you check his prior trading system? It has more than 2 years of tracking record, so you can have a better outlook on his trading systems. It's wrong if you judge the current PAMM account assuming it has only 2 months of live results.

Pablo51
Jun 26 2016 at 22:37
91 posts
ISFurlan posted:
fxtrader27 posted:
momods posted:
I have one questions to investors using this system: what would happen if the USDJPY and GBPUSD did not reverse direction when the draw down was about 11% and instead of dropping 10%, they shoot up 10%????? The strategy might be good, but the risk is very high. my 2 cents.


Forex investments are risky but this system is very low risk i think.
and we have agreement to accept up to 45% draw down. also i understanding you are robot seller or looking to manage funds but you have only 2 month track record. so i don't have plan to put my some investments to your robot lol


Did you check his prior trading system? It has more than 2 years of tracking record, so you can have a better outlook on his trading systems. It's wrong if you judge the current PAMM account assuming it has only 2 months of live results.


I fully agree. However trading during brexit was risky and what is worst totally unnecessary because he could close deals at almost 0 loss. He is a great trader but risking more than 10 per cent account without no need is not professional. Sorry, I have been 6 months with this account, here and in hotforex, I was going to increase my deposit but after this I am not leaving but clearly not increasing my participation. At least until I listen a good explanation from the trader.

Some will say that I can not complain when you agree to a 45 per cent DD. Sure. But we are talking about tens thousands put at risk absolutely with no need.

Regards.

DiscoStu
Jun 27 2016 at 05:47
4 posts
It was made known that trading would continue during the brexit period and as such it was then up to individuals to decide if they were comfortable with this risk. If you weren't then you could withdraw or suspend your funds with the managed fund. If you were, then crack on as usual. If BP33 had stopped trading during this period, people would've been complaining about that. In BP33's defence he was dammed either way. Atleast with continuing trades it gave people the option to roll the dice to make some money.

momods
Jun 27 2016 at 12:49
20 posts
I did not know about the 45% DD agreement as I am not investing with BP33. In my opinion, any strategy or system that allow more than 10% in DD without closing all trades is not professional especially when you are managing others' accounts. According to my standards, maximum DD must not exceed average monthly profit. You might consider this as high standards but this is what you should ask for when allowing others to manage your investment. Otherwise, it is gambling (NOT TRADING). Good luck to everyone.

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