Advertisement
Long Term ST (By forex_trader_126490)
The user has deleted this system.
Long Term ST Discussion
May 03, 2013 at 21:55
1,183 Views
13 Replies
Member Since Mar 24, 2010
78 posts
Jul 02, 2013 at 05:25
nice equity curve, con!
Jul 03, 2013 at 08:32
Dear Sir,
Can you please explain the strategy that you ( long term ST ) use for the Auto trading at this site. What robots or , lot size etc do you use . Please try to explain the complete basis of your success and the profit / loss rate etc. This is only to enable people to use your site intelligently and with full knowledge of what to expect.
Thanks
Kamath
3 July 2013
Can you please explain the strategy that you ( long term ST ) use for the Auto trading at this site. What robots or , lot size etc do you use . Please try to explain the complete basis of your success and the profit / loss rate etc. This is only to enable people to use your site intelligently and with full knowledge of what to expect.
Thanks
Kamath
3 July 2013
forex_trader_126490
Member Since May 03, 2013
5 posts
Jul 03, 2013 at 20:28
My proprietary system is based on price action and has been tested live showing great results. The maximum number of trades is 3 with a risk to reward ratio not less than 1:1. SL and TP are calculated dinamically on daily ATR basis. Obviously I will not reveal how the core system works...
Member Since May 04, 2012
1534 posts
Jul 07, 2013 at 19:53
I think many traders would be interested in your signals service.
Although PAMM may be attractive to some investors, most trader would not devote a large account to one strategy only, but they prefer to run multiple strategies on one larger account.
Combination of running a PAMM and having subcribers has two major advantages: Even in losing months there is a stable subscription income. For example FxAmp's trader on SimpleTrader collects 50k USD/months just from subscriptions whatever he does in a given month PLUS he runs a PAMM.
Another advantage of having subscribers is that their orders may create a nice initial "push" to your PAMM and personal account, which would generate the signals for the subcribers.
I suggest considering this business model.
Although PAMM may be attractive to some investors, most trader would not devote a large account to one strategy only, but they prefer to run multiple strategies on one larger account.
Combination of running a PAMM and having subcribers has two major advantages: Even in losing months there is a stable subscription income. For example FxAmp's trader on SimpleTrader collects 50k USD/months just from subscriptions whatever he does in a given month PLUS he runs a PAMM.
Another advantage of having subscribers is that their orders may create a nice initial "push" to your PAMM and personal account, which would generate the signals for the subcribers.
I suggest considering this business model.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
forex_trader_126490
Member Since May 03, 2013
5 posts
Jul 08, 2013 at 10:14
Those interested in my signal service can follow me on Zulutrade:
https://www.zulutrade.com/trader/161431
https://www.zulutrade.com/trader/161431
forex_trader_123413
Member Since Apr 20, 2013
18 posts
Jul 09, 2013 at 12:16
nice 😁
Member Since Dec 12, 2012
8 posts
Jul 17, 2013 at 19:29
I think it is the best to stay away from trading during news like today (Bernanke's speech). It just gambling and the chances are not even fifty/fifty.
forex_trader_126490
Member Since May 03, 2013
5 posts
Jul 24, 2013 at 20:06
Zulutrade signal service stopped. In my opinion they are not a serious company.
forex_trader_126490
Member Since May 03, 2013
5 posts
Jul 25, 2013 at 10:44
Nothing special, we are in a period of drawdown from which I hope to get out soon. It happens.
forex_trader_126490
Member Since May 03, 2013
5 posts
Jul 28, 2013 at 20:27
First, huge slippage for followers. Second, you as provider are treated like a clown. Anyone is free to spam insults on the comments page without any filter by zulutrade. Third, If you close a month in negative they do not pay commissions. This is enough for me. A complete waste of time.
Member Since May 04, 2012
1534 posts
Aug 06, 2013 at 13:26
(edited Aug 06, 2013 at 13:29)
Typical scenario...
Strategy starts failing after 8 months (while recruting "investors") ==> Naming it a temporary DD ("we are in a period of drawdown from which I hope to get out soon") ==> DD was getting worse crushing the strategy ==> Vendor starts blaming broker (why not blaming it during the 8 successful months...???) ==> MyFxBook link deleted...
Strategy starts failing after 8 months (while recruting "investors") ==> Naming it a temporary DD ("we are in a period of drawdown from which I hope to get out soon") ==> DD was getting worse crushing the strategy ==> Vendor starts blaming broker (why not blaming it during the 8 successful months...???) ==> MyFxBook link deleted...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
