Discusión FX Viper Live Master Account

rhan85 posted:
I wonder why this system allowed to keep -1000pips in rewards of +10pips as seller. He might earn more and became billionaire by reversing this strategy as buyer.

Or just look at the history and be rich by having the same results as the trader.

nice equity curve

Hi can i copy your trade?

rob559 posted:
the main trend has been going down the road for the last 8 years ,so he's been selling for the last 8 years period

do you even realize how stupid is this comment? if you go each time for 5-10 pips, taking into account monthly/yearly trends doesn't make any sense

nxk33 posted:

rob559 posted:
the main trend has been going down the road for the last 8 years ,so he's been selling for the last 8 years period

do you even realize how stupid is this comment? if you go each time for 5-10 pips, taking into account monthly/yearly trends doesn't make any sense

don't think so ,but you are describing yourself ,you need to learn bro the kiss strategy

What am i missing here?? this account has 40 odd trades open and all are in negative

Anyone in their right mind would not invest a penny into this system. its a joke.

bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative

you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.

Arcforex posted:

bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative

you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.

There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle

togr posted:

Arcforex posted:

bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative

you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.

There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle

5% per month(60%yearly), with 4 years never blow history. i think worth to invest. if i manage the money myself, will burn it all with no return at all. 😂

and what are your criteria for the best manager?

Arcforex posted:

togr posted:

Arcforex posted:

bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative

you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.

There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle

5% per month(60%yearly), with 4 years never blow history. i think worth to invest. if i manage the money myself, will burn it all with no return at all. 😂

and what are your criteria for the best manager?

But it does not have 5% monthly
It does have 1% monthly - pay the fees and what is left?

I have respect for this guy for trading this long and NOT blowing up yet. Anytime you add to losing trades though its just a matter of time before the inevitable Black Swan happens and blows you up. I like Viper but this is just an illusionary profit chart. The Black Swan will occur and he will keep adding and eventually its all over but the fat lady singing. I once had 136 profitable trades in a row with a similar method but the Swan landed and my account went bye bye. I hope that I am wrong but I have been trading for 38 years now and seen hundreds of these types of strategies eventually blow up.

This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.

VSSOO posted:
This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.

I agree,

If you find aged account with ratio 1:1 of monthly profit vs. max DD
then you can talk about good manager

VSSOO posted:
This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.

I agree here is one I can find from ones I'm watching could find more too;

https://www.myfxbook.com/members/FusionPRO/alphavol/1738631

This is like watching Pamela Anderson grow old and wrinkled. A total disaster lol

rob559 posted:

nxk33 posted:

rob559 posted:
the main trend has been going down the road for the last 8 years ,so he's been selling for the last 8 years period

do you even realize how stupid is this comment? if you go each time for 5-10 pips, taking into account monthly/yearly trends doesn't make any sense

don't think so ,but you are describing yourself ,you need to learn bro the kiss strategy

well well, if the kiss strategy is the strategy i can see in your profile, all i can say it doesn't work much

During years there were a lot of voices 'yeah, he will blow it' and it never happend, Viper knows what he's doing, he has a lot more tools in his hands than only stacking trades

if someone isn't able to fully verify their account, it's a pretty good indication that they are not being honest.