I'm doing strategy 2 where I withdraw everyday. Now the worst thing to happen would be being stopped out and losing 85% of my capital at the start of signing up correct cause I would not of had a chance to withdraw any profit yet.
What would you do in that case?? Would you put the other 50% of your capital into signal trading to try make that money back?? This is all hypothetically speaking and just want to be prepared in case it happens. Because risk management is the most important factor when it come to trading.
Hello and thank you for subscribing for HAMSTER TURBO!
When a -85% margin stop out occur, we will add our remaining signal funds and back up funds, divide in 2 parts (in your case) and resume trading with the new 1/2 of all reamining capital. We will not put the other 50% into the signal, no!
You can contact me easier and quicker in MQL5.com:
Your stop-loss per trade is 150Pips which converts to 90% risk per trade as per your Lot size. Whenever Stoploss will hit your account will be wiped out. I don't understand why you are using such a high-risk setting and risk all the money of your subscribers.
Hello! I'm about to take this system very very soon and I'm so excited, looks soo sweet and smooth! But I have few questions: 1. About the IC markets withdrawals- Should I use my debit/credit card, or make PayPal acc? Because its writes- Credit / Debit Card withdrawals may take 3-5 business days to reach you credit card. But PayPal - Paypal / Neteller / Skrill withdrawals must be made from the same account from where the funds were sent initially. These transactions are processed free of charge and are instant once processed. Can somebody share their opinion? 2. About the money management, Can I withdrawal 3/4 funds, so I don't have to deposit always? So let's say, I Have 1000 eur, and 1/4 goes to this system(250 eur), after all week profit, 3/4 goes back to my backup fund, and 1/4 stays for further investment. Or I didn't understand fully. Sorry for my bad English, I just want to know everything and understand everything before I take this system because I don't want to stress and make some stupid mistakes. Can't wait to start with this :))
Hello LongVision, have you taken the time to read my signal's description and my strongly suggested money managements? I don't think so. We are risking 85% of our signal capital, which is the 1/4 or 1/2 of our entire capital. Please read my signal's description for more details:
As I say in my signal's description and instructions, its better to keep 2 different accounts, one ECN 1:500 ICMarkets account with live03 or live06 server for your signal funds and one standard 1:1 one for your back up funds. Then every week (or day if you follow the 2nd strategy) you will transfer your profits from the signal account to the back up account. That's easy to do with no withdrawal charges from within the ICMarkets member's area. Then you can withdraw to your credit card, Paypal or Bank account whenever you want to actually remove some money from your trading accounts.
My recommendation is to put the 1/4 (or 1/2) of your entire capital in my signal and for that amount to use 95% in signal copying if you copy through MQL5.com, since that is the maximum allowed percentage.
The remaining back up funds are safely placed in a different account as back up funds.
LongVision posted: Your stop-loss per trade is 150Pips which converts to 90% risk per trade as per your Lot size. Whenever Stoploss will hit your account will be wiped out. I don't understand why you are using such a high-risk setting and risk all the money of your subscribers.
Eleni the signal provider recommends sound money management of risking only a quarter of your risk capital.
No one is forcing you to invest all your money - that would be your choice, and you can only blame yourself if you hit SL with 100% of your capital invested.
I can't blame anyone else for losing my $13 million except me. It was my choice to trade over Christmas / New Year, so I bear the consequences of my actions.
Hi Eleni! Congratulation for your signal. I'm looking at the chronology of past trades. Expert works trade one at a time or add trade at different price levels? Which is the maximum of open trade positions at the same time?
Looking at your signal which seems really interesting without forgetting your implication which is great. So i decided to subscribe.
I follow your indications but i have one stop because i'm a french resident and there is a regulation (ESMA) which limits leverage to 30:1 for european retailer clients. I tried to open an account on IC Markets but they refused because i'm living in France :-(
Is there a broker allowing this 1:500 leverage outside of europe ?
@ctu_trader I ran into the same thing. This is an option: https://www.axitrader.com/au/live-account. Two things: 1) choose a pro account, not a standard account. 2) choose ASIC, not FCA as Authority. If you choose FCA, the maximum leverage is 1:30. With ASIC it is 1:400. Not 1:500, but good enough for copying the Hamster Turbo. Good luck.
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