OutsideTheBoxHK trader's profile

OutsideTheBoxHK
OutsideTheBoxHK

情報

名前 OutsideTheBoxHK

ビオ:
My strategies for trade copying systems can be found at
Private PAM Fund at Mt Cook Financial

Technology teacher, mathematician, personal trainer, and most of all lover of Jesus Christ my Lord and Savior who has provided strength and peace through the storms of life.

FundedNext Funded Trader
Trade copying provider
Trading Mentor -- 8 personalised modules to learn how to trade profitably

取引スタイル:
High probability TimeFrame Synching w/ MACD, Stochastic, RSI, and the Ichimoku Cloud indicator as well as understanding market behavior in each session, market makers strategies, and momentum/flow. Focus is on "mean reversion" and "trend following" indicators.

Candlestick Patterns for double or triple confirmation for entries and exits. Trading five main pairs: AUDUSD, NZDUSD, silver, gold, and Bitcoin.
Stop losses only used during risk events and times of uncertainty. I use discernment acquired over 20 years of experience and base the decision on market conditions.
Only on small positions will I rarely allow a loss over 150 pips (major pairs). Never to exceed 5% loss on any single trade. Once drawdown from All time equity high over 8% or one trade reaches 4% loss I will hedge or scale out.
If drawdown from equity high surpasses 10%, position sizing will decrease until a recovery is well underway. Maximum drawdown is 15%. This risk management allows my volume/position sizing to target maximum profit and minimum Pain-to-Gain Ratio.
This strategy has generated consistent profit over 30 months between 4 different track records.
Total open exposure of all trades is maximum 1 lot per $10,000 master account balance. 500:1 leverage.
I scale into positions with a basket of trades when the setup is favorable. The profit target is usually 0.3% to 0.5% (or 10-15 pips), but I reserve judgment for the moment, again, as it will depend on the price action and sentiment at that time.

モットー:
PAM Fund (Mount Cook Financial). Please vouch for my system. “Learn from your mistakes and do not give up!”

経験豊富 5年以上

位置

保証 3

Aug 05, 2016 at 05:25

ブロックされているユーザー 7

チャート

Systems by OutsideTheBoxHK

名前 増加 ドローダウン ピップス 取引 レバレッジ タイプ
Outside the Box [part 1 of 2] 2229.54% 47.67% 6468.7 手動 1:400 リアル
Outside the Box 2 of 2 - [closed] 250.72% 35.92% 2815.9 手動 1:400 リアル
Outside the Box [part 3 - global competition] 88.05% 12.92% 279443.3 手動 1:200 リアル
Outside the Box - Allocation Clients 63.82% 27.20% 56142.4 手動 1:500 リアル
Mount Cook OTB - AUD Strategy 60.25% 28.06% 4692.3 手動 1:500 リアル
Outside the Box EUR strategy 70.92% 25.06% 33251.1 手動 1:500 リアル
OutsideTheBoxHK
OutsideTheBoxHK Dec 02, 2018 at 09:15
November Profit on Low Risk strategy: 4.38%
November Profit on Medium Risk strategy: 12.35%
November Profit on High Risk strategy: 17.36%

Glad November is behind us.
It was a month fraught with significant and complex trading challenges.
Including one of my brokers going into external administration.

This next week I will launch a new low risk master account signal which will be available on SimpleTrader and SignalStart.
The old master account with 22 month track record unfortunately must be phased out once the basket is closed. This track record will be migrated on some platforms so I don't lose it, and on others I will make a note that the track record is being continued on another new account at Mt Cook.

Powell gave himself wiggle room, but many traders now disagree with the original market interpretation and overreaction which I expect to fade out. My trade plan is still viable and active. Especially with terrible GDP inputs of construction and Capex, which are going to make this week's AUD GDP data worse and Aussie rate decision more dovish in my mind, especially with tariffs, trade tensions, slowing China, Brexit, and Italy budget nowhere near being resolved.

OutsideTheBoxHK
OutsideTheBoxHK May 06, 2018 at 06:38
New HIGHER LOW in place in equity curve. This system can recover losses quite quickly if you look at the previous 7 drawdown periods. Monthly returns VS max drawdown is what you must look at, in addition to my discussion below, which talks about how Andrew Lockwood educates Retail Investors / Signal Copiers to manage their trade copying investments.

https://www.youtube.com/watch?v=SNry36PAypE

I thought this video by Andrew Lockwood of ForexSignals is worth emphasizing, because he mentions some very important DO's and DONT's with making money with Forex Signal / Trade Copying. The biggest reminder and key issue is that Copiers must keep engaged, participate in the management of risk along the way (especially during drawdowns), and they must understand that there are down times for every strategy and also every trader.
He reiterates this on the video, and I sure wish retail investors kept up their end of the bargain, stopped blatantly blaming a trader, and accepted their part of the responsibility.
Trust in Signal Services comes from ...... shouldering this responsibility.... analysis and getting to know a trading system / trader. What's behind the scenes with a strategy, so when the bad times come, you can ride out the drawdown period and recover losses without giving up too soon. I think SC performance was good, but the strategy is clearly damaged now and not performing. FXStat and FXBlue do a great job of breaking down and analyzing a system's performance in many different perspectives:
https://www.fxstat.com/en/performances/view/Outside-the-Box---Master-Account-84720
https://www.fxblue.com/users/outsidetheboxhk

How much of equity / profits need to disappear before investors / providers stop trading or investing in a certain system?
How does it perform in volatile periods?
What is the maximum acceptable drawdown?
What would you expect the maximum number of consecutive gainers / losers to be given the past performance?
What is the point when most losing trades have not recovered from a drawdown? Maximum Adverse Excursion (MAE/MFE)

Just emotionally, flippantly throwing out a signal service after 5 losing trades or a 2 month losing streak might be the worst thing to do.
And I actually find this happens more often than not. People getting jumpy after a 10 or 15% drawdown, and then at least with systems that can produce more significant gains in good times, the recovery will be lost if you divest.
This, of course, goes both ways, so sometimes it's important to divest at the right time when you think a strategy is starting to fail terminally.
OutsideTheBoxHK
OutsideTheBoxHK Nov 29, 2017 at 07:40
Great advice from Andrew Lockwood of ForexSignals.com --
1) structure and rules for FX trading
2) Technical analysis combined with Fundamental understanding
3) Price Action
4) Being disciplined and knowing your system
https://lnkd.in/f6D3Jhe

This is how I trade too for my 40 Fund clients and 95 trade copying subscribers.
** By the way, check out Marcos @Maxima Investments too
Different style but he knows what he's talking about
https://lnkd.in/fj_GrJE
OutsideTheBoxHK
OutsideTheBoxHK Sep 22, 2017 at 07:20

I am learning how to generate consistent returns and to keep risk and DD to a minimum for a stable and long future of profit
DD will now be lowered to 20% going forward with targets of 10 to 20% monthly
Check it out and join 135 subscribers and 30 private fund clients
-----------------------------------------
Mt Cook Financial PAMM
http://mtcookfinancial.com/mm-outside-the-box-hk/…
HotForex PAMM
https://www.hotforex.com/…/en/landing-pa…/pamm-account.html…
--------------------------------------------------
Follow Outside the Box HK on Instagram
https://www.instagram.com/outsidetheboxhk/
Follow Outside the Box HK on TRADINGVIEW
https://www.tradingview.com/u/OutsideTheBoxHK/
Subscribe to my Signal at:
SignalStart ---- http://www.signalstart.com/analysis/outside-box-hk/22160
MQL5 ---- https://www.mql5.com/en/signals/305461
Find rigorous trade performance statistics at:
bakiri
bakiri Nov 08, 2017 at 15:53
How can I get in touch with you to discuss privatel?
OutsideTheBoxHK
OutsideTheBoxHK Sep 10, 2017 at 12:36
I would like to notify you and be clear that my signals will close to new subscribers soon, and then current subscribers can decide whether they'd like to stay with Trade Copying Signal Subscription or to move to Mt Cook Financial or to HotForex investment fund with a couple promotional offers from the broker and from myself the manager.

The signal price will gradually increase and will be limited to funds below $50,000.
Then investors can decide whether to keep monthly subscriptions or to invest for the long run in my PAMM funds.

I would say subscribe with SimpleTrader signal for a month and then make your decision from that point based on returns, signal price, allocated capital, and opportunities between signal and PAMM fund.

https://www.simpletrader.net/signal/7992/signal.html

http://mtcookfinancial.com/mm-outside-the-box-hk/?partners=70
https://www.hotforex.com/hf/en/landing-pages/pamm-account.html?refid=305098
OutsideTheBoxHK
OutsideTheBoxHK Sep 21, 2017 at 06:55
I know I will have to hit the HWM in the coming weeks and months. Got my work cut out for me, as I aim to recover of course. This is part of trading my system, which I know only works in certain controlled environments.
Pls trust that I will do my best to recover as soon as possible in a safe and measured manner.
I will also respond to any queries, but right now I have many, so please be patient as I work.
OutsideTheBoxHK
OutsideTheBoxHK Sep 21, 2017 at 06:55
Pls give me the rest of the month to show you that I am committed to the task at hand and that I am honestly learning how to employ my trade system at the appropriate times.
OutsideTheBoxHK
OutsideTheBoxHK Jun 20, 2017 at 06:16
please "vouch" for my system if you would invest your own capital in it. :)
OutsideTheBoxHK
OutsideTheBoxHK Sep 11, 2017 at 08:24
Yes great. Can you also click on my myfxbook profile and click "Vouch" under the left hand side bar or other area where it is positioned to say that you endorse my system?
stimblo
stimblo Sep 12, 2017 at 07:34
I cannot, you need to have 3 people vouch for you, before you can vouch as I don't have a Signal here, I doubt I will get 3 vouchers. I am an investor not a trader.
OutsideTheBoxHK
OutsideTheBoxHK Jun 04, 2017 at 08:36
1 - With $500 usd initial investment your returns will grow 10-30% monthly, and after 1 to 2 years, that is exponentially significant.
2 - I suggest choosing Halifax Investment Services as a broker, since you get best prices and immediate execution of the same trades I am making each day.
3 - I would be willing to walk you thru it over Skype, and that would give us a chance to finally meet too. There might be other ways we can collaborate, since I am building a laptop lifestyle to have free time to travel, help causes I believe in, spend time with my kids, and to collaborate on other ventures.
4 - Once your broker account is set up, MT4 trading platform downloaded and installed, and funds deposited, then...
5 - Subscribe to SignalStart trade copying feed for $69 per month, and apply it to your MetaTrader platform.
6 - You follow my returns, decisions, and reports on SignalStart or MyFXBook daily or weekly to stay up to date on how your investment is growing.

Your profits will cover your subscription fee easily.
Many of my friends and family are benefiting from this very same setup already as it is a very minimal investment and risk, for such a great probability of growing returns.
OutsideTheBoxHK
OutsideTheBoxHK Jun 02, 2017 at 09:32
This is a hard journey, and only those who are gifted and determined will succeed in this industry. After 14 years trading I'm still at it.

I haven't given up, and I am finally getting consistent and positive results from my hard work learning, executing trades without emotion, and planning for good setups in the market. Here is what I have learned.

1. You must be willing to pay a steep price (in money, time, and dedication) to eventually be able to make a living and to grow your equity beyond 100,000 if you are a normal person with normal amounts of capital to invest at the start. I started with $5000 and blew up my account after doing well for a couple months. Then I became overly confident. we've heard this a thousand times. Then I determined that I would learn from my mistakes and be willing to perfect my trading life and plan, and to work wisely with risk management and psychological health so that I could gradually earn enough each month to provide for my family if we were going to move to different places in the world without much hassle.
2. Find a good broker. Learn the software and forex tools that give success.
3. Set a schedule to give your day some structure without FX taking over your life, wearing you out, and negatively effecting your life and relationships. FX can become addicting in nature, even if it is not gambling, it is a form of addiction.
4. Have a humble nature that is willing to learn from those who have been successful.
5. Rigorously analyse your trading. Connect your trade history to some type of analytical tool / trade journal so that you can improve your execution and trade strategy. MyFXBook is great.
6. ALSO!!! This is one many people forget. Look for alternate sources of income, so that you can safeguard your life from many sources of income should one fail or be lost. This gives one security of mind, and in trading you must have security of soul and mind to do well. I provide private tutoring, provide Subscription based fx signals, have boarders living in my house, and I am investigating other sources too. Diversify your risk, and lower your risk in as many different ways as possible.

I'm in the battle with you!
Find me at Instagram at link below or here in this great site to collaborate and encourage one another in this common goal.
OutsideTheBoxHK
OutsideTheBoxHK May 28, 2017 at 08:01
Please vouch for my system if you feel it is strong and consistent!
See my daily screenshots of my profits and other cool FX education and motivation at my Instagram:
https://www.instagram.com/outsidetheboxhk/
OutsideTheBoxHK
OutsideTheBoxHK May 28, 2017 at 08:01
Hi all! Many great profits this month. I am learning much and working 18 hour days to make sure I am as profitable as possible. My system is now listed on SignalStart and MQL5 and I am adding to the technical analysis discussion on TradingView and DonnaForex. My system's ranking is #32 out of 700, and I want to push it higher for sure.
https://donnaforex.com/index.php?topic=19706.0
http://www.signalstart.com/analysis/outside-box-hk/22160
https://www.mql5.com/en/signals/305461
https://www.tradingview.com/u/OutsideTheBoxHK/