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SteadyCapture 2x (former FX Viper) (By Nick )

Gain : +256.49%
Drawdown 56.04%
Pips: 53086.3
Trades 3238
Type: Real
Leverage: 1:500
Trading: Manual

SteadyCapture 2x (former FX Viper) Discussion

Nick (NickMcDonald)
Apr 15 2014 at 08:42
86 posts
I'm doing an interview and documentary with this trader. Check out the short trailer on our site :)
Find your passion and work hard
John Vianny (Connann)
Apr 27 2014 at 19:38
28 posts
Barbarian (Turtlesrus)
May 04 2014 at 17:00
64 posts
These open trades are interesting to see . I thought the same would happen after good NFP numbers. Euro is going down in any case, soon if not at the start of the week
Barbarian (Turtlesrus)
May 08 2014 at 21:13
64 posts
K, Mr. Draghon took care of Euro there. Not so sure about usd/cad tho
Nick (NickMcDonald)
May 09 2014 at 07:20
86 posts
We're not concerned, the recent move is likely to retrace based on fundamentals according to the trader.

This is nothing we haven't seen before.
Find your passion and work hard
Jan 21 2016 at 17:27
1916 posts
is he using a stop loss?
Nick (NickMcDonald)
Jan 22 2016 at 03:59
86 posts
Rob559 - No, he doesn't use a fixed stop. He cuts trades based on what's happening in the market, just like we saw yesterday when he cut a USDCAD trade after holding it for an extended period of time.
Find your passion and work hard
YM Leong
May 21 2016 at 17:27
31 posts
Hi Nick I am wondering whether he is also creator of this EA sold at MQL

I noticed that 3 trades still opened since Jan and all went beyond 400 pips negative, how do you define a good risk? 😇
If there is enuf balance anybody can buy an EA that performs average and hold till it turns. In this case master acct is 100k and open trade is total of 2.25. If this is a trade copy service a subscribe will be locked into subscription in order not to lose $$$ by killing trades and trying to stay afloat despite being low dd to master acct. DD=3032pips assume lowest lot size of 0.01 for 11 opened positions thats abt $300 dd. The margin used would be abt $200-250 (for 1lot)*11 *0.01==>$22-$25 based on leverage of 500

Assume its a 1k acct, mt4 should report, eg
Balance=1k, equity=$700, margin used=$22, margin level=3181.81%. It wont encounter margin call or stop out. But I am sure confused how its a trading system/strategy that kept trades opened since Jan (and its now May 2016) defined as low risks? Base on margin level its low risk, base on trader's definition of how risks have been managed vs gains/potential losses I will rate this as below average. If assume I have invested this $300 into another signal I could have gain more than what I am forced to hold onto

Sorry that I sounded sarcastic and negative. This is just my personal thoughts. If trader claims that he is author of the EA, yet your investigation shows that this EA sold in MQL lis the same as traded by trader, its high time to reexamine your high gate 😂

Venkateswarlu Ponnam (RUNrajaRUN)
May 22 2016 at 06:48
14 posts
Venkateswarlu Ponnam (RUNrajaRUN)
May 22 2016 at 06:48
14 posts
safe martingale ea with nice profits works on GBP-USD effectively
Raise yourself to help man kind
Aug 25 2016 at 05:49
4 posts
The return & win rate on this account is truly exceptional. I would like to see you interviewed for forexsignals too! I think they would love you ;0
Eckhard Mueller (MrEnergy)
Oct 29 2017 at 07:42
42 posts
Great performance. Congratulations from Germany.
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