RedRhinoFX posted: Thank you for the quick reply. Regarding the moneymanagement info on signalstart, 5000 trades 0.1. Your account trades 0.5 , so its 10x Risk from what you recommend as safe or longterm?
Keep those pips coming in.
Recommendation written on signalstart is for followers to give them idea about the best MM possible to follow our signals. few of our clients are making tons of money following lot size same as ours, right now funds following our both signals is around 135k and its increasing on daily basis.
Newbie here, I've followed this for a week now and this is what I've learned:
The win % is real. There is steady growth. HOWEVER:
The reason why the growth is so high is because he started with a very small USD cent account and has a VERY high risk profile due to using a large .5 lot and lack of a proper stop-loss. (As stated, he handles this manually). On an account with a few thousand dollars, the growth % would be much less (unless you were doing really high risk %, ie many lots). The take-profit is only a few pips, so they are closed very quickly (usually minutes).
The high drawdown is due to no stop-loss, so trades that go in the wrong direction may be left going for days until they finally rebound. They are left going as to not tarnish the accounts growth or win %. In the mean time, your account's equity may disappear quickly in a trade gone wrong (causing you to panic if you don't want to hold on).
I would not recommend this to anyone but the crazy, or those with a very small balance they aren't afraid to lose.
As far as I can tell, his other signal is the same.
Funds following to this signals is around 40k and it is increasing on daily basis.
and on average each subscriber has brought 2 to 5 k, and on average each subscriber is following with 0.2 lot.
last month we made 189 pips so our subscribers on average made 370 dollars. (this is most modest followers), on top few are following on pretty much more balance so obviously they have made much more, this is why we suggest MM to remain safe on trading.
Our rank on signalstart has improved tremendously and we are working hard to keep the momentum continue.
but again it is always hard to make all subscribers happy, we are trying our best to provide safe and consistent signals and we will continue to progress in this regards. Thank you.
We are completing full one year of trading on 29th of April 2017, we plan to hike fees since we kept our fees low for all for the whole year. so those who wants to subscribe can subscribe before 29th of April before we increase our fees.
as expected this system has no DD and we request all the subscribers to maintain the MM which we suggest. Thank you to honest people who email us and appreciate our efforts for making them profitable. keep following we try our best to provide best results all the time. funds following our systems is more than 300k and we are glad to have such huge funds following us.
System for those who dont like to have DD and want to have very stable second income.
There is no way to become millionaire over night, to become rich you need years of planning and strong money management, come with us and grow your capital gradually and fulfill your dreams. we are proud to be the most consistent signal provider in the entire industry.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.