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FX Viper Live Master Account (By FXViperTrading )

Lietotājs ir dzēsis šo sistēmu.

Diskusija

Frank
RedRhinoFX
May 11 2017 at 06:47
395 ieraksti
RedRhinoFX posted:
Drawdown is equal to last 6 months of trading. No sweat for retired folks.


Strokes for different types of folks. I don't think this is a joke at all.


Arcforex
May 11 2017 at 07:15
38 ieraksti
bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative


you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.

vontogr (togr)
May 11 2017 at 13:53
4862 ieraksti
Arcforex posted:
bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative


you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.


There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle

Arcforex
May 12 2017 at 14:01
38 ieraksti
togr posted:
Arcforex posted:
bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative


you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.


There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle


5% per month(60%yearly), with 4 years never blow history. i think worth to invest. if i manage the money myself, will burn it all with no return at all. 😂

and what are your criteria for the best manager?

vontogr (togr)
May 14 2017 at 06:39
4862 ieraksti
Arcforex posted:
togr posted:
Arcforex posted:
bena1 posted:
What am i missing here?? this account has 40 odd trades open and all are in negative


you are missing the account age and maximal drawdown. that is what everyone is looking for these days.

if you can follow this account, every lot times 3, you will get around 90% per year since 2013 with drawdown less than 20%.


There is no IF in Forex.
But lets do the math --> at least 5% a month you would need to trade 3 times bigger lots.
trading 3 times bigger lots will result in 3 times more DD of 40%
So as final result you would get 5% a month profit and 40%
This is no miracle


5% per month(60%yearly), with 4 years never blow history. i think worth to invest. if i manage the money myself, will burn it all with no return at all. 😂

and what are your criteria for the best manager?


But it does not have 5% monthly
It does have 1% monthly - pay the fees and what is left?

Wallstreetpro63
May 14 2017 at 06:50
4 ieraksti
I have respect for this guy for trading this long and NOT blowing up yet. Anytime you add to losing trades though its just a matter of time before the inevitable Black Swan happens and blows you up. I like Viper but this is just an illusionary profit chart. The Black Swan will occur and he will keep adding and eventually its all over but the fat lady singing. I once had 136 profitable trades in a row with a similar method but the Swan landed and my account went bye bye. I hope that I am wrong but I have been trading for 38 years now and seen hundreds of these types of strategies eventually blow up.

Today is the day you succeed.
VSSOO
May 14 2017 at 07:31
24 ieraksti
This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.

vontogr (togr)
May 15 2017 at 06:57
4862 ieraksti
VSSOO posted:
This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.


I agree,

If you find aged account with ratio 1:1 of monthly profit vs. max DD
then you can talk about good manager

stevehu10
May 21 2017 at 08:46
24 ieraksti
VSSOO posted:
This is a bad account. Making less than 2% per month on a 13% DD is not good at all. There are much better managers you can find with higher profits and same DD.

My criteria for good managers is profit vs Max DD. This guys ratio is about 1:7. That is very bad and not even close to what a good manager should be doing. Its really not hard to not blow the account if you are making 1.7% per month. And that 1.7% is really an inflated number. In the last year and a half he is making 0.74% monthly on a 8.54% DD. That is terrible. He is profitable, yes but what will you do with 0.74% if you dont have a 500k account?

If you look hard, you will find plenty of better traders on myfxbook than this guy. The only positive about his trading is the long trading history but that is pretty much it. All the stats are bad and I would never invest with such trader.


I agree here is one I can find from ones I'm watching could find more too;

https://www.myfxbook.com/members/FusionPRO/alphavol/1738631

Wallstreetpro63
May 22 2017 at 12:12
4 ieraksti
This is like watching Pamela Anderson grow old and wrinkled. A total disaster lol

Today is the day you succeed.
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