unicorn 토론

just a note to say we have invested with Unicorn and his trading to date matches his track record and he is very professional to deal with.. so far really happy with his trading style

thank you mike for your support,
the result is very good, very fun to collect 270 pips on the first day trading.
unfortunately the results can't published in your new account.
it is a good first step, hope in the future could be better.

Watching with interest.

Hi:
How do I make use of your service ? How does it work ? I am interested. Thanks

Please send details to [email protected] if you doing any money management for others. Thanks😄

Is there martingale based staking involved in this?

There are times when you make a profit from negative pips.

I have, today, started an MA with Unicorn, and will report progress periodically.
Since he does not like to show the details of the trades, I will not be in a position to discuss his strategy.
I will however report on progress, and adherence to strategy as per our discussions.

I hope this will be as fair as circumstances will allow to both service provider and interested parties.

Please send me info on how to use their sevice. Thanks
I am at [email protected]

GREAT WEEK thanks Unicorn! - we will be allocating more funds to you next week.

Many thanks
Mike

hi, mtamaku
sorry you did not receive my emails even though I've replied to you 2 days ago.
I send an email with my email address: [email protected]
I will resend.

Hi Mike,
Thanks for your support, I'll do my best.

Hi Unicorn, very happy with your trading overall - the system is pretty good at managing the difficult trades which is what i rate the most when i look at the system performance.

 We should have some more funds for you by end of the month.. I hope your planning to hang around cause we are planning to keep building your funds under management 😁

Great work and many thanks
mike

stevetrade posted:
    Is there martingale based staking involved in this?

There are times when you make a profit from negative pips.

Any comments on this question?

The system is currently at 77% equity, so I'm thinking more and more that this has at least some element of martingale and hold and hope to it.

hi steve, sorry on the delay i missed this one..

what hapeens is that uni normally takes one position and if it goes well then we profit take out - business as usual..
if the position goes agiainst us then he will take another position but with the same lot size.. i have seen up to 4 positions on a trade but with same lot size - also he then adjusts the profit take for them all to basically get out of jail - ie they all have the same PT..

im ok with this.. also while this position is in trouble he is still banking other trades so even if the the whole position goes bad my feeling is he would make that up in about 1-2 weeks.. so far i have not had one go bad - but obviuosly it will at some point and im fine with that as firstly his bet size is low and secondly he doesnt add to the lot size when things get a bit hairy..

does that help?
cheers
mike
 

Thanks for the explanation Mike

For me it is definitely a martingale system especially after the 18. april. With a deposit of 12.000, there is a DD of more than 7000...... earlier or later the system will blow up your account..... definitely

The balance at start of April 18 was 26,902.00

If you look closer, the original deposit was 12,600, withdrawals are 15,000 (so, he is playing with banks money).
And further took the balance further to 32,000 and change.

I am not defending the system, but reporting the facts as I see them.

Yes, there are some heavy DD's, but with those kind of figures, and regular withdrawals, he is certainly way ahead.

Haitrader posted:
    For me it is definitely a martingale system especially after the 18. april. With a deposit of 12.000, there is a DD of more than 7000...... earlier or later the system will blow up your account..... definitely

MoneyFountain1 posted:
    The balance at start of April 18 was 26,902.00

If you look closer, the original deposit was 12,600, withdrawals are 15,000 (so, he is playing with banks money).
And further took the balance further to 32,000 and change.

I am not defending the system, but reporting the facts as I see them.

Yes, there are some heavy DD's, but with those kind of figures, and regular withdrawals, he is certainly way ahead.

Haitrader posted:
    For me it is definitely a martingale system especially after the 18. april. With a deposit of 12.000, there is a DD of more than 7000...... earlier or later the system will blow up your account..... definitely

everything, what you say is right, but one problem: even if he had luck and plays now only with the win today............ the DD could also happen on the first day of using the system....... and what would then the conclusion? ........... margin call !

Hi Haitrader,

From the looks of it, he uses much higher risk on his own account than on that of his client accounts (Disclaimer: I am a client).
While his account has been fluctuating quite a bit since Friday, mine has been relatively stable as is another account, of which I can only see the equity% as most details are not revealed just like this one. My account facing the same turmoil took a max. peak to valley of 6% while the other client account seemed to go as high as 10%.

The problem with almost any EA is that they do not (and cannot) react to extreme market reactions, with the exception of scalping EA's which are generally specifically programmed to react to these conditions.

I can assure you from what I have seen so far - key word 'So Far' - is that they do not use martingale. The EA does exactly what Unicorn stated, it averages up or down as the case may be.

I generally allow a max DD of 20 - 25% at which point I shut down all trades.

Haitrader posted:
    
everything, what you say is right, but one problem: even if he had luck and plays now only with the win today............ the DD could also happen on the first day of using the system....... and what would then the conclusion? ........... margin call !