To use chat, please login.
Back to contacts

Sector Capital 1 - PriorFX (By BP33 )

The user has deleted this system.

Sector Capital 1 - PriorFX Discussion

Igor Furlan (ISFurlan)
Sep 07 2016 at 11:01
46 posts
Good decision towards HotForex.
arielkorber
Sep 09 2016 at 09:59
27 posts
Hi BP33 and fellow investors,

Is there a myfxbook or any other past performance record for the Sector 1 Low service?

Thanks.
DiscoStu
Sep 11 2016 at 06:24
4 posts
I believe that was closed due to lack of interest
jajest
Sep 12 2016 at 06:14
29 posts
Elena
Elena_Chopin
Sep 22 2016 at 06:16
211 posts
Hello BP33,

I'm praying about your equity now. Be careful my friend ;)
xoxo

Elena Chopin
mcpeacock
Sep 22 2016 at 06:27
11 posts
Hi @BP33 great performance over the last couple of months, just a tad concerned now about the significant exposure on GBPAUD buys.... should we be worried?
phynicle
Sep 22 2016 at 06:34
9 posts
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!

I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
tobiasd
Sep 22 2016 at 10:57
3 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!

I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?

I had the same problem. I asked priorfx about the statements. The answer was that the MAM slave accounts cannot show exact floating p/L from MT4 as i understood it. The daily statements is thereby misleading because it doesnt show the exact lot sizes. The support then replied that I should contact the 'asset manager' because he has to allow the information.

BP33, is this about privacy of your system?

I think its a major problem that investors get misleading statements... In my situation I dont know my exact equity because i recently have deposit more money and i dont have any chance to know how good/bad the money 'entered' the trades if you can follow my concerns...

tobiasd
Sep 22 2016 at 11:12
3 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!

I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?

I had the same problem. I asked priorfx about the statements. The answer was that the MAM slave accounts cannot show exact floating p/L from MT4 as i understood it. The daily statements is thereby misleading because it doesnt show the exact lot sizes. The support then replied that I should contact the 'asset manager' because he has to allow the information.

BP33, is this about privacy of your system?

I think its a major problem that investors get misleading statements... In my situation I dont know my exact equity because i recently have deposit more money and i dont have any chance to know how good/bad the money 'entered' the trades if you can follow my concerns...
macorrales
Sep 22 2016 at 11:13
9 posts
What is happening with equity? 😭
fire_kid
Sep 22 2016 at 11:38
50 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!

I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?

it's priorfx bug, calculate manually from myfxbook statement. even last week BP33 made 0.78% profit but according to priorfx - my account made more than 1% profit (i used weekly date filter to check profit). however if i calculate manually it's almost 0.78% profit.
thedoc93
Sep 22 2016 at 13:57
3 posts
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
tobiasd
Sep 22 2016 at 14:09
3 posts
thedoc93 posted:
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?

It happens on accounts bigger than 5k...

Priorfx explained that information in statements is inaccurate because it does'nt get all information, which the asset manager has to accept to 'deliver'. If I understood correctly...
majamivice
Sep 23 2016 at 08:19
52 posts
thedoc93 posted:
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
It happening with all accounts as I can see. I have account way bigger than $5000 and I have around 40% drawdown now.
marcopq
Sep 25 2016 at 01:52
58 posts
myfxbook never mind...
phynicle
Sep 25 2016 at 07:24
9 posts
Ok, aside from the error in daily statements..... We're caught in a large draw down!
watchme
Sep 25 2016 at 07:24
582 posts
Oh... This doesn't look good. Hope everything goes well.
Never Give Up or Give In To The Market
wmsgfred
Sep 25 2016 at 07:32
22 posts
My daily statement is showing drawdown equal to -34% of cash balance.
Whereas the Master account is about -11%.
Anyone has similar issue?
fx4btc
Sep 25 2016 at 07:36
97 posts
What is the cutoff/stopout level for this investment?
fx4btc
Sep 25 2016 at 07:36
97 posts
BP33 posted:

To respond to @Pablo51 - The form for Sector 1 Moderate clearly states a drawdown of up to 45% so I would not worry about 4% any time soon ;) If you somehow didn't see this on the form you had to sign in order to invest, and a maximum of 45% is too high for your personal taste, then Sector 1 Low might be more suitable for you with a maximum of 25%. Hope that helps :)


I found the information. Is the sector low available and is the account available to view on myfxbook? thank you
Please login to comment .