Discussion Sensation_1638

Hi Sensation,

If I copy your trades in Signalstart.

Your balance is $12,889
DD is 10.09% (in myfxbook)

Therefore,
If I copy with $4,000 fund.
Will my calculation correct at this point as;
My DD will become 32.5% ? [Question #1]

Due to $4,000 is 3.22 times of your balance $12,889.
From your history records,
Your smallest Lot size is 0.01, majority typical Lot size is 0.02,
biggest Lot size is 2.0

Normal trading Lot size is 0.02,
If I copy with $4,000 initial fund in Signalstart,
setting same risk with Provider, 100% ratio.
Your 2.0 Lot, 1.0 Lot, 0.50 Lot, 0.35 Lot
all will be copied in my trades are divided by 3.22
as 0.62 Lot, 0.31 Lot, 0.15 Lot, and 0.1 Lot.

For your 0.02 Lot will be minimum copied as my 0.01 (no way to copy smaller than 0.01).
Most of your trades are 0.02 (over 60% are).
Therefore, I will copy as 0.01 (about 60%).

Will it means $4,000 fund will generate DD very high like $16.25%

Provider $12,889 -------> DD: 10.09% (it is floating negative -$1,300)

Receiver $4,000 --------> DD: 16.25% (It is floating negative -$650)
Floating negative -$650 due to copying your trades with minimal 0.01 Lot szie.
50% less Lot from your trades. [Question #2]

I am sorry to ask strange questions.
I wish you are willing to answer me and solve my doubt.
Much appreciate.

Thank you!

Hello James,

Thank you for your questions.
Yes, you are absolutely right, theoretically it is. But your DD may be higher than mine because of big differences in deposit amounts. Your account will get quite incorrect order size allocation, when we deal with min. size 0.01.

So your logical reasoning is 100% correct.

Hi SCRTraders Group,

Thank you for your prompt reply.
I understand now.

Your results are very stable and excellent compare to most of the other providers in Signalstart.
Hope you could keep your best result forever!

Do you have a group in any form like Telegram/FB group/FB page/etc.. for your followers to follow and get instant alert/notification/announcement?

If you have one, please update me and I would like to join.

Thank you!

www.facebook.com/groups/scrtraders/
https://t.me/scr_traders

Hi SCRTraders Group,

Since I am still pending from approval joining your FB group.

I only able to contact you here.

I would like to ask for accurate setting I am following your signal in signal start.

Print Screen here: https://prntscr.com/szfkuj

Kindly advise & help me.

Thanks
James Ng

My balance is $6,800.00

Question #1
Will your 0.01 Lot trading being copied in my MT4?

Question #2
How to set appropriate multiplier by following your signal?

Many thanks

Hello James,

You have set correct values.

Question 1: yes, my 0.01 will be copied to your account as 0.01
Question 2: I need to know your deposit amount in order to advice you appropriate multiplier.

jamesbillionaire posted:
My balance is $6,800.00


Question #2
How to set appropriate multiplier by following your signal?

Many thanks

Since your balance is about half of signal provider's balance setting the multiplier to -2.0 should produce approximately the same drawdown but half of the profits of the signal providers'.

Keeping the multiplier to 1.0 should give you about double the drawdown but approximately the same profits as the signal provider.

Thank you for advice!

Actually I do not recommend to use multiplier more than 1.0. Because 'risks' is the most important thing in trading. But you can double it at your own risk.

Hello scrtrader,

have you tested in other brokers?
Thanks.