SFETrading's Posts

Smart Forex Expert Signal (High Risk) in Trading Systems Feb 09, 2021 at 06:38

Thanks and we really appreciate your positive feedback. We are now nearly back to all time equity high again.😀Also, since my previous post, Myfxbook has corrected the issue with their handling of MT5 accounts, and the stats page now reflects the profit figure correctly. A big thank you to the hard working Myfxbook team! 😄https://www.myfxbook.com/files/SFETrading/myfxbook_KX.JPG

Smart Forex Expert Signal (High Risk) in Trading Systems Jan 11, 2021 at 11:29

Thanks for you interest. You can find out more information about our trading systems under our profile:https://www.myfxbook.com/members/SFETrading

IC Markets Follower 2 High Risk in Trading Systems Dec 29, 2020 at 10:25

The USGFX follower account was running different strategies to the IC Markets Master account in July, and was not copying the trades from the Master account directly at the time. It was running actual Smart Forex Expert EAs on its own MT4 platform.If you compare the trades on the same day you can see they were vastly different. The 2 accounts did get the same GBPAUD entry by the same EA, but on the Master account it managed to close at break-even, whereas on the follower account the EA did not close the trade until much later - possibly due to a different price feed.What didn't help the lo...

IC Markets Follower 2 High Risk in Trading Systems Dec 23, 2020 at 10:17

I can see that you retrieved the screenshot from my IC Markets Follower 3 account.Thanks for pointing it out because it seems like he actually changed the Risk Multiplier to 2 towards the end and I was not aware of it. As a subscriber he could change the Risk Multiplier setting anytime himself on the trade copying platform. He must have gone into revenge trading mode after some losses, increased the risk, had more losses and then gave up...had he continued to stick to our system he would be been back in positive territory by now.😞I have made a comparison between the Master account (htt...

IC Markets Follower 2 High Risk in Trading Systems Dec 21, 2020 at 13:09

I think if you copy our Master account at 10% Risk you may be able to get away with using only around 10:1 leverage, but you will need a very large account to be able to generate any meaningful profit.However, one thing to note is that our signal does not use anything close to the 1:500 leverage, it’s probably closer to 1:100-200 max. Also with our system the maximal loss on any single trade is capped at 3%, and the trades will be closed when their pre-defined SL is hit. It means that there is no risk of margin call, because if we get a string of losses, the lot size of future trades wil...

Show your profitable account here. in General Dec 20, 2020 at 23:16

New high on our new Fusion Markets follower account! 😄http://www.myfxbook.com/members/SFETrading/fusion-markets-follower-high-risk/7456260This Fusion Markets account copies the Master account with a 1.5x Risk Multiplier:http://www.myfxbook.com/members/SFETrading/smart-forex-expert-signal-high/5817768

Smart Forex Expert Signal (High Risk) in Trading Systems Dec 20, 2020 at 12:12

Just a bit of an update:This account is now back to over $34K in profit, and is only $4K away from making a new High-Water Mark in closed profit (previously around $38K).I just need to point out that the profit figure shown on Myfxbook is not accurate because there is some issue with Myfxbook handling partially closed trades on MT5. A lot of the profitable partially closed trades were not recorded in the Myfxbook analysis.It is easy to see that with $100K deposit and a current balance of $134K the overall profit should be $34K, yet only $22K was recorded by Myfxbook:https://www.myfxbook.com/fi...

IC Markets Follower 2 High Risk in Trading Systems Dec 18, 2020 at 10:46

Forex21 blocked me after I pointed out the Myfxbook account number in his screenshot didn't seem right because it should have 7 digits instead of 5.I admit I accidentally posted the wrong image and I apologised for it. But unfortunately I could not modify my post as soon as I hit "send" on Myfxbook. I would have removed the attachment if I could.A Profit Factor of 1.10 after over a thousand trades is indeed a great milestone. Most systems trading with Real money can't even last more than a few hundred trades and still maintain a positive result. 😉

IC Markets Follower 2 High Risk in Trading Systems Dec 17, 2020 at 12:39

I am not sure what you guys are trying to achieve when you can clearly see that this account is now on its way back to equity high?🙄And it must be a coincidence that both of you were on Forex21's thread leaving favourable comments? 😂Forex21 banned me just because I pointed out something not quite right with one of his screenshots. 😉https://www.myfxbook.com/files/SFETrading/myfxbook.JPGhttps://www.myfxbook.com/files/SFETrading/myfxbook2.JPGhttps://www.myfxbook.com/files/SFETrading/myfxbook3.JPG

Show your profitable account here. in General Dec 09, 2020 at 09:35

Over 20% Gain in 2 weeks of trading:http://www.myfxbook.com/members/SFETrading/fusion-markets-follower-high-risk/7456260https://www.myfxbook.com/files/SFETrading/Fusion_Markets.JPGThis Fusion Markets account copies the Master account at IC Markets which has been running for about 8 months with more than 30% in Absolute Gain (Deposit $100K with Current Balance $132K):http://www.myfxbook.com/members/SFETrading/smart-forex-expert-signal-high/5817768

Smart Forex Expert Signal (High Risk) in Trading Systems Nov 24, 2020 at 13:25

It’s sad to see people like you who don’t believe in long term statistics and probability, and just attack people because you don’t see (or choose not to see) the bigger picture.After over 1000 trades we are now up over $20K in closed trades, which would represent 20% gain on the $100K deposit.Our expectation is that the lifetime max DD could reach 50-60%, but yearly gain can also reach 100-200%. So far everything is still performing within expectation, so can you please explain where I have mislead people and made false promises / claims??

IC Markets Follower 2 High Risk in Trading Systems Nov 09, 2020 at 19:19

You just don’t seem to understand how a genuine long term trading system works...Our strategy works in the long term, and you need to be patient to wait for the right conditions to make profit.We have just made 10% in one day and it demonstrates how the system can make significant gains in a short period, when the right conditions are met.

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 17, 2020 at 00:29

The High Risk account belongs to myself, and the MAM account running on Low Risk is not currently accepting external clients - so currently the $100K in there all belong to the SFE company. That is $200K of our own money we have put in there.At this stage we are only offering signal copying service charging monthly performance fee, and we are not yet offering full money management service under LPOA as you seem to think. The clients still have full control over their own fund when copying our signals.😉

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 15, 2020 at 09:49

Excuse me...can you not see that we are trading $200K of our own money on our fully verified master accounts??🙄We trust our own system 100% and that’s why we have put $200K into it. I don’t know what else you want?? If our system does not perform then we will lose more money than anyone else. So you think putting the money where our mouth is, means we are not taking responsibility for our trades and results?If the market is unfavourable then you just need wait for it to become favourable again. There is no use to force trades. If you have no patience and long term view on t...

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 14, 2020 at 09:08

Due to Stock CFD symbols being very different across different brokers, initially we did ask people to copy the High Risk account (hosted at IC Markets) with an IC Markets account, and copy the Low Risk account (hosted at Pepperstone) with a Pepperstone account, so they won't miss out on the Stock CFD trades. But some clients have since told us that they are happy to just copy Forex trade, so we now allow people too copy with any broker they want, but they just need to be aware that they won't get Stock CFD trades if their follower account is not on same broker as our master account.Th...

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 13, 2020 at 12:06

1. We have been in stagnation for about the last 8000 trades with SFE Price Action, but over the 22K+ trades since inception the account is up over 400%.2. That official SFE Price Action account belongs to Joel the developer, not me. I do not know why he made the withdrawal at that time, but those who have been following me in the past few years would know that I have always increased risk or put more money into the system when it is in DD, so that I would catch more profit on recovery. In fact I have just decided to put in another $9965.09 into this account, to make the total deposit a nice r...

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 13, 2020 at 09:27

It's interesting that you would choose to use the balance graph to support your case, when there was a withdrawal that reduced the balance significantly.If you look at the actual growth graph, one can clearly see that even though the system has been in stagnation for some time, it is certainly not losing over the long term. See the charts for comparison below:https://www.myfxbook.com/files/SFETrading/balance.JPGhttps://www.myfxbook.com/files/SFETrading/growth.JPGAlso, the information on Wizard of Odds is not just smoke and mirrors. Studying and learning about statistics and probability is ...

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 13, 2020 at 09:02

The high risk account is called a high risk account for a reason...but with higher potential drawdown will also come higher return.If people are not comfortable with the risk they can always use a lesser risk. For example, our Low Risk MAM account is only trading at 0.3x risk of the High Risk account, and the lifetime DD is expected to stay below 20%.

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 12, 2020 at 20:25

The sample size required for scientific research and the sample size required to prove a trading system’s long term edge are very different things.In scientific research the end point is whether a treatment is effect of not, but in a trading system the long term edge is very small, so you will need a much larger number of trades / events to prove that small edge. It’s the same concept as to how casinos make money in the long term by offering games that have long term mathematical edge over the gamblers.If you have studied gambling systems before you would have known a famous websit...

Smart Forex Expert Signal (High Risk) in Trading Systems Oct 12, 2020 at 11:57

Losses are part of trading, and people who are patient enough to stick to a long term profitable system will be rewarded eventually. It's about applying a strategy that has a long term edge over the market, but this long term trend will only become apparent when the number of trades are large enough to be statistically significant, which will need to be over several thousand trades at least.A temporary drawdown can always happen even to the best trading system that has a long term edge over the market. The most important thing is to keep the drawdown manageable during unfavourable times, s...

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