FX Money Machine

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Discussion FX Money Machine

Jul 17, 2013 at 05:11
Vues 7,953
120 Replies
Membre depuis Jan 11, 2011   posts 84
Sep 18, 2013 at 11:53
Drawdown is just under 17%. I'm comfortable with my positions. Chill out and relax.
Membre depuis Nov 26, 2012   posts 43
Sep 18, 2013 at 13:46
be patient... its true ... whos have a money urgency 😁
Membre depuis Aug 27, 2013   posts 9
Sep 18, 2013 at 13:46
Ok ... U r the boss .. :-) .. Hope this go fine :-)
Membre depuis Aug 09, 2012   posts 4
Sep 18, 2013 at 13:47
Im sorry I'm confused.

Okay this is the question:

How do I have you trade an account for me ?.

I only want to open an account and have you trade it, or manage it on POA ?

Hoe can I contact you ?.
Membre depuis Aug 09, 2012   posts 4
Sep 18, 2013 at 13:47
How can I contact you ?
Membre depuis Jan 11, 2011   posts 84
Sep 18, 2013 at 15:06
chstorm posted:
Im sorry I'm confused.

Okay this is the question:

How do I have you trade an account for me ?.

I only want to open an account and have you trade it, or manage it on POA ?

Hoe can I contact you ?.

Hi,

You need to open an account through the link provided by myfxbook autotrade. Then once it's funded you link it to my account. It's very simple.

Let me know if you don't manage.

Regards
Steve
Membre depuis Jun 30, 2013   posts 5
Sep 18, 2013 at 19:35
Hello Steve,

I just start following you for about a week and obviously it is not a good week. I just want to let you know that I feel a little bit worry now. Anyway, I'll be patient and hope everything is fine.
Membre depuis Jan 11, 2011   posts 84
Sep 18, 2013 at 19:54
sdechsing posted:
Hello Steve,

I just start following you for about a week and obviously it is not a good week. I just want to let you know that I feel a little bit worry now. Anyway, I'll be patient and hope everything is fine.

Hi,

No need to worry. In positional trades you need to give trades space. When drawdown hits 25% is the place to start worrying and start covering some trades to balance the portfolio. We are nowhere near there. Drawdown is 15% at the moment.
Membre depuis Sep 15, 2013   posts 21
Sep 19, 2013 at 07:56
Hi again Steve,

The moment I get in with the live account, will I be waiting for the next trades that you'll be opening? Or I will get the spot price of the existing open trades?

Many Thanks
Membre depuis Jan 14, 2013   posts 2
Sep 19, 2013 at 07:56
Interested to subscribe live to your signal, but your open & history trades are private. Making us impossible to verify if our trades are copied correctly. In my demo, I can see many open positions for same pair. Wondering they are duplicates!

Why make your trade private. I'm sure you will have more live followers if you shows more transparency. Why hide them?
Membre depuis Jan 11, 2011   posts 84
Sep 19, 2013 at 08:14
JSR111 posted:
Hi again Steve,

The moment I get in with the live account, will I be waiting for the next trades that you'll be opening? Or I will get the spot price of the existing open trades?

Many Thanks

Hi,

You will all existing open trades with current prices. Good time to open as I'm working on reducing the drawdown.
Membre depuis Jan 11, 2011   posts 84
Sep 19, 2013 at 08:31
samjason posted:
Interested to subscribe live to your signal, but your open & history trades are private. Making us impossible to verify if our trades are copied correctly. In my demo, I can see many open positions for same pair. Wondering they are duplicates!

Why make your trade private. I'm sure you will have more live followers if you shows more transparency. Why hide them?

Hi,

will open history you got a point.

Regards,
Steve

Membre depuis Dec 10, 2012   posts 2
Sep 19, 2013 at 11:43
Nice move with the history - I am already live follower and like the possibility of reviewing trades.

Thank you, samjason for suggestion and Steve for implementation. :)


Keep up the good work,

Wojtek

Membre depuis Jan 14, 2013   posts 2
Sep 19, 2013 at 12:01
Hi Steve,

Thanks for opening the history.
The most important is the open trades.
That's the only way subscribers can check if their trades are same as yours.

FYI, right after I subscribed(demo), auto-trade instantly open 20 positions(many are same pair & direction)
Surely this will cause many demo subscribers hesitate to go live wondering if the Autotrade is mirroring your trades correctly!

Transparency is very importantly, live subscribers are trusting you with their hard earn money.
I'll definitely will go live if you show your open trades.
I'm sure many demo subscribers will do the same.

Hopes you understand.

Thanks

Cheers,
Sam
Membre depuis Jul 11, 2013   posts 1
Sep 19, 2013 at 12:56
True! More transparency is a MUST.

Many thing can happens. We need to make sure all mirror trades are copy correctly!
The only way to monitor is compare to provider open trades.

Steve, hope you show open trades.
cxpartners
forex_trader_84119
Membre depuis Jul 12, 2012   posts 32
Sep 19, 2013 at 12:56
These trades are proprietary of C3X. While Steve manages them via lots etc but the trades themselves are C3X and cannot be opened up for free access.

C3X Trade Copier ensures that all trades are taken exactly where C3X takes the trades. It never allows a single trade to be taken outside the range.

But Steve is working on some other way for you to take these trades outside of AUTOTRADE. You will have information next month.

Membre depuis Mar 01, 2013   posts 10
Sep 19, 2013 at 12:57
For those of you that are concern about DD, you should set your lot size less that Steve. I have mine set to abut 70%. If that still don't work for you, you should consider manually closing certain trades ahead of major news announcements.
Membre depuis Dec 10, 2012   posts 2
Sep 19, 2013 at 15:48
Steve,

Can you advise on your strategy for GBPJPY trades that we have open?

Many thanks,

Wojtek
Membre depuis Jan 11, 2011   posts 84
Sep 19, 2013 at 16:20
wleszczynski posted:
Steve,

Can you advise on your strategy for GBPJPY trades that we have open?

Many thanks,

Wojtek

Sorry Wojtek I do not discuss trades and strategies.
Membre depuis Jan 11, 2011   posts 84
Sep 19, 2013 at 16:23
Layou posted:
For those of you that are concern about DD, you should set your lot size less that Steve. I have mine set to abut 70%. If that still don't work for you, you should consider manually closing certain trades ahead of major news announcements.

Not sure autotrade allows fiddling with trades. Yes you can adjust lot sizes but trades are automated. Let me know if otherwise thanks.

DD should not worry you. It reached 17% at the worst point, now it's under 12%. DD is part of the game as I close trades that are in good profit and let losing trades take their time.
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