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Wang Liming Special Live

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Wang Liming Special Live Discussion

VictorTous (VictorTous)
Aug 15 2013 at 17:11
107 posts
Hi! Do you offer some kind of signal service, or an EA or MAM/PAMM?

trade4hapi
Aug 16 2013 at 11:25
84 posts
Yes. Of course. https://sourcecodefx.com

konstantinfx
Aug 21 2013 at 10:06
17 posts
For profissional high quality MAM/PAMM management you can visit https://sourcecodefx.com
For profissional high quality signals you can visit https://konstantinfx.com

pierre102
Sep 02 2013 at 19:32
9 posts
Hello Constantin

your https://konstantinfx.com does not work.
Can we see your work overther? And Where?

Best regrads

Pierre

konstantinfx
Sep 04 2013 at 07:50
17 posts
Yes, we had some issues with our host when we tried to change our website design.(But did not affect the trade copying process for our clients in anyway)

But all is solved now, as most visitors should be able to access our site without a problem. The issue will be 100% solved in about 11 hours from now. (it might already be working for you now)

Aplmustdie
Sep 22 2013 at 14:29
305 posts
Judging from the big loss, it looks like it takes about 30 wins to balance one loss. Is this typical of this strategy?

konstantinfx
Sep 22 2013 at 18:36
17 posts
The way how we look a it is that a 'big loss' won't eat more than around 6 weeks of profit. Which is very acceptable in my book. Of course as long as we do not see it much often.

Also a 7% drawdown is NOT a 'big loss' in forex.

Aplmustdie
Sep 22 2013 at 22:11
305 posts
Sorry, but when a loss burns up 30 wins, I consider it a big loss . . . regardless of overall drawdown. Especially with only a 75% win rate. This is why I questioned the overall strategy. A second question would be is this trader in the habit of leaving open trades into an FOMC announcement . . . or news pending of any kind, as was done last week?

konstantinfx
Sep 23 2013 at 07:19
17 posts
You need to add 'time' into the equation, so if it takes 2 days for example to execute 30 trades to cover a loss, is a lot more viable than if it takes 6 months to execute 30 trades to cover the loss.

Also, it really takes just 1 win to make up for 1 loss in most cases with this system, so not sure why you're relating to the 75% win rate to the 'big loss' event.

As for high impact news, I did notice that Mr.Liming does avoid news trading for both his SafePlayer and WLS, however, since losses are cut much faster with the SafePlayer, you're likely to not see any open trades during news events with the SafePlayer more often. As far as WLS goes, I never seen 'new' positions being executed during or before high impact news events, however, if there is open trades that already exist days before the news events, he is likely to keep those, or cut part of them to lower the risk of high impact news sudden spikes.

Aplmustdie
Oct 14 2013 at 20:49
305 posts
konstantinfx posted:
You need to add 'time' into the equation, so if it takes 2 days for example to execute 30 trades to cover a loss, is a lot more viable than if it takes 6 months to execute 30 trades to cover the loss.


I agree, time does make a difference.

konstantinfx posted:
Also, it really takes just 1 win to make up for 1 loss in most cases with this system, so not sure why you're relating to the 75% win rate to the 'big loss' event.


That may be, but no full recovery in 59 trades so far.

konstantinfx posted:
As for high impact news, I did notice that Mr.Liming does avoid news trading for both his SafePlayer and WLS, however, since losses are cut much faster with the SafePlayer, you're likely to not see any open trades during news events with the SafePlayer more often. As far as WLS goes, I never seen 'new' positions being executed during or before high impact news events, however, if there is open trades that already exist days before the news events, he is likely to keep those, or cut part of them to lower the risk of high impact news sudden spikes.


With such a large stop loss, wouldn't it be better to at least hedge during high impact news events, just in case?

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