FX Money Machine
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FX Money Machine Diskusia
Členom od Feb 09, 2013
3 príspevkov
Sep 03, 2013 at 08:36
Členom od Feb 09, 2013
3 príspevkov
Hi Steve
By reading further on your communications above I find out that
with US$ 2,000.00 on my account I must set the multiplier coefficient
at 0.2 is this correct?
Where do I find the multiplier coefficient?
Thank you for your kind support,
Bernard
By reading further on your communications above I find out that
with US$ 2,000.00 on my account I must set the multiplier coefficient
at 0.2 is this correct?
Where do I find the multiplier coefficient?
Thank you for your kind support,
Bernard
Členom od Jan 11, 2011
84 príspevkov
Sep 03, 2013 at 08:38
Členom od Jan 11, 2011
84 príspevkov
Layou posted:
Hi Sgbdis, I tried to send u an email thru the email system but I did find your user ID, how can I get in touch?
Hi,
You get in touch with me directly on email [email protected]. Thanks.
Regards,
Steve
Členom od Jan 11, 2011
84 príspevkov
Sep 03, 2013 at 08:41
Členom od Jan 11, 2011
84 príspevkov
bguguen posted:
Hi Steve
By reading further on your communications above I find out that
with US$ 2,000.00 on my account I must set the multiplier coefficient
at 0.2 is this correct?
Where do I find the multiplier coefficient?
Thank you for your kind support,
Bernard
Hi Bernard, with that size of account I would use lot multiplier of 0.2, no more. It is important you have the correct leverage.
Click on autotrade and you see a list of your linked accounts. Press manage, then at the bottom of the screen you will find the lot multiplier setting.
Regards
Steve
Členom od Jan 11, 2011
84 príspevkov
Sep 04, 2013 at 05:50
Členom od Jan 11, 2011
84 príspevkov
We are already 567 pips in profit for September. Last month we made a massive 2714 pips profit.
Členom od Jan 11, 2011
84 príspevkov
Sep 04, 2013 at 21:26
Členom od Jan 11, 2011
84 príspevkov
equity balance increased by 16% this month
Členom od Aug 27, 2013
9 príspevkov
Sep 06, 2013 at 09:55
Členom od Aug 27, 2013
9 príspevkov
My account has 1000 usd ... What multiplier value do I use ... And how come the equity is going down so fast ??? All open trades are losing ... Shall I quit or what ... Already lost 50 usd on equity so far ??
Členom od Jan 11, 2011
84 príspevkov
Sep 06, 2013 at 10:17
Členom od Jan 11, 2011
84 príspevkov
Hi,
Drawdown is at 10% at the moment. On $1000 pls set the lot multiplier at 0.1. If your risk profile is more risk averse, pls use 0.1 for every $2000 but profits will be half of what we do. You are probably highly leveraged if your equity is going down fast. $50 on a $1000 is a mere 5% drawdown. I wouldn't be worried that much. This account is slightly aggressive and has seen drawdowns of 25% 3 times since the launch back in April. But look at the profits. Who gives you 274% returns in just 5 months and you are worried on 10% drawdown.
The best hedge funds work on 2.5 times ratio of returns vs drawdown. But to keep drawdown consistent and low (around 12%) your profits suffer. So with 12% drawdown, hedge funds work out that profits will be around 30% per year. Yes per year.
Chill out and let the trades take their time. If at any time I feel that we have bad trades, I will hedge them or close them.
regards,
Steve
Drawdown is at 10% at the moment. On $1000 pls set the lot multiplier at 0.1. If your risk profile is more risk averse, pls use 0.1 for every $2000 but profits will be half of what we do. You are probably highly leveraged if your equity is going down fast. $50 on a $1000 is a mere 5% drawdown. I wouldn't be worried that much. This account is slightly aggressive and has seen drawdowns of 25% 3 times since the launch back in April. But look at the profits. Who gives you 274% returns in just 5 months and you are worried on 10% drawdown.
The best hedge funds work on 2.5 times ratio of returns vs drawdown. But to keep drawdown consistent and low (around 12%) your profits suffer. So with 12% drawdown, hedge funds work out that profits will be around 30% per year. Yes per year.
Chill out and let the trades take their time. If at any time I feel that we have bad trades, I will hedge them or close them.
regards,
Steve
Členom od Aug 27, 2013
9 príspevkov
Sep 06, 2013 at 13:45
Členom od Aug 27, 2013
9 príspevkov
thanks steve ...
i am kind ok new to this .. thats why i am a bit tense ...
i used to trade forex back in 2003 .. but niw i forgot everything :-)
i see most of theloss came from the eur/usd drop ,, but i see u believe it will reverse , right :-)
i will just sit back and watch :-)
as fot the multiplier ... it set it to 0.1 .. but the multiplier states that my hypotheical profit will be 10 % of your profit by this setting .. pls advice :-)
i am kind ok new to this .. thats why i am a bit tense ...
i used to trade forex back in 2003 .. but niw i forgot everything :-)
i see most of theloss came from the eur/usd drop ,, but i see u believe it will reverse , right :-)
i will just sit back and watch :-)
as fot the multiplier ... it set it to 0.1 .. but the multiplier states that my hypotheical profit will be 10 % of your profit by this setting .. pls advice :-)
Členom od Jan 11, 2011
84 príspevkov
Sep 06, 2013 at 13:51
Členom od Jan 11, 2011
84 príspevkov
yes that is fine. It's very low risk so chill out and relax. Let the FX Money Machine do the work for you.
Drawdown is still in control. 10-12% is not too high to stress you.
Drawdown is still in control. 10-12% is not too high to stress you.
Členom od Jan 11, 2011
84 príspevkov
Sep 07, 2013 at 09:50
Členom od Jan 11, 2011
84 príspevkov
https://www.myfxbook.com/members/sgbdis/fx-money-machine/640600
Still top of autotrade after 3 weeks. Gains since April +281%. Pips made so far this month +925 pips. Drawdown is under control at 12%.
Still top of autotrade after 3 weeks. Gains since April +281%. Pips made so far this month +925 pips. Drawdown is under control at 12%.
forex_trader_84119
Členom od Jul 12, 2012
32 príspevkov
Sep 09, 2013 at 07:29
Členom od Jul 12, 2012
32 príspevkov
Weekly charts and analysis: https://capital3x.com/think-tank/weekly-charts-and-analysis-point-and-figure-8-sept-2013-the-pole-reversal-on-dollar/
Free access.
Free access.
Členom od Jan 11, 2011
84 príspevkov
Sep 09, 2013 at 18:39
Členom od Jan 11, 2011
84 príspevkov
we have exceeded 1000 pips already this month. Join us on autotrade. Drawdown is currently 1%.
Členom od Apr 11, 2013
16 príspevkov
Sep 09, 2013 at 18:48
Členom od Apr 11, 2013
16 príspevkov
You don't seem to be getting many live subscribers, how much longer will you run your system on here ?
like others, I only have a relativly small ammount to trade and capital3x's fees and account minimums would take me out of the game !
like others, I only have a relativly small ammount to trade and capital3x's fees and account minimums would take me out of the game !
Členom od Jan 11, 2011
84 príspevkov
Sep 09, 2013 at 19:17
Členom od Jan 11, 2011
84 príspevkov
Hi Steve,
I have only started autotrade about 3 weeks ago. Live subscribers I have 42 but demo subs have exceeded 400 already. These demo accounts will soon come to their senses that this system is real and they should switch to live to start making some money.
You're welcome to join. The system will run for a few months. Then I will have other options. Keep in mind that I do follow all C3X trades but slightly more aggressive and I alter my risk from time to time which I feel is right depending on market conditions. Some trades are also mine.
Regards
Steve
I have only started autotrade about 3 weeks ago. Live subscribers I have 42 but demo subs have exceeded 400 already. These demo accounts will soon come to their senses that this system is real and they should switch to live to start making some money.
You're welcome to join. The system will run for a few months. Then I will have other options. Keep in mind that I do follow all C3X trades but slightly more aggressive and I alter my risk from time to time which I feel is right depending on market conditions. Some trades are also mine.
Regards
Steve
Členom od Apr 02, 2010
65 príspevkov
Sep 10, 2013 at 03:45
Členom od Apr 02, 2010
65 príspevkov
Hi Steve,
I'm a demo subscriber and I have noticed multiple open positions on same price. It is ok? Or just autotrade somehow copies same trades twice or three times.
regards,
Aladar
I'm a demo subscriber and I have noticed multiple open positions on same price. It is ok? Or just autotrade somehow copies same trades twice or three times.
regards,
Aladar
Členom od Jan 11, 2011
84 príspevkov
Sep 10, 2013 at 03:47
Členom od Jan 11, 2011
84 príspevkov
Hi Aladar,
Yes it can happen. You should have 16 trades and one pending order open.
BR
Steve
Yes it can happen. You should have 16 trades and one pending order open.
BR
Steve
Členom od Jul 17, 2012
275 príspevkov
Sep 10, 2013 at 04:50
Členom od Jul 17, 2012
275 príspevkov
I see. I basically understand the concept how the trade works. 😄
Členom od Aug 27, 2013
9 príspevkov
Sep 10, 2013 at 06:20
Členom od Aug 27, 2013
9 príspevkov
Dear Steve ,
I would like yo thank you for the proper management of the account so far .. Although I was a bit worried at the beginning ... But after seeing your trades and forecasts i see u professional enough to make things go fine. I have just noted that you keep winning trades open for a bit long though .
Also I noticed that you said in an earlier comment that u r running this system for a few months only ??? Although u started live trade few weeks ago as u said !! Or u will be going separate or what !!?
Cheers :-)
I would like yo thank you for the proper management of the account so far .. Although I was a bit worried at the beginning ... But after seeing your trades and forecasts i see u professional enough to make things go fine. I have just noted that you keep winning trades open for a bit long though .
Also I noticed that you said in an earlier comment that u r running this system for a few months only ??? Although u started live trade few weeks ago as u said !! Or u will be going separate or what !!?
Cheers :-)
Členom od Jan 11, 2011
84 príspevkov
Sep 10, 2013 at 08:34
Členom od Jan 11, 2011
84 príspevkov
Hi,
My idea is to run this autotrade for a few months depending on the income it generates. To do this I need a good number of live accounts.
Till now the feedback from subs has been good but you need to be patient with drawdowns. I mean leverage has to be in control at all times. Keep the lot multiplier at 0.1 times with every $1000 in the account and your leverage is safe. You need to be self disciplined and not look at profits as drawdowns will bite if leverage is out of place. I would only start to be worried if drawdown exceeds 20%. It happened in rare cases when my trades are slightly ahead of the market. Until then chill out and enjoy the profits.
Regards,
Steve
My idea is to run this autotrade for a few months depending on the income it generates. To do this I need a good number of live accounts.
Till now the feedback from subs has been good but you need to be patient with drawdowns. I mean leverage has to be in control at all times. Keep the lot multiplier at 0.1 times with every $1000 in the account and your leverage is safe. You need to be self disciplined and not look at profits as drawdowns will bite if leverage is out of place. I would only start to be worried if drawdown exceeds 20%. It happened in rare cases when my trades are slightly ahead of the market. Until then chill out and enjoy the profits.
Regards,
Steve
Členom od Jan 11, 2011
84 príspevkov
Sep 10, 2013 at 17:58
Členom od Jan 11, 2011
84 príspevkov
+325%
+2181 pips in Sep. This is the place to be. My system is unbeatable at the moment. Don't keep missing out, join me now with a live account.
+2181 pips in Sep. This is the place to be. My system is unbeatable at the moment. Don't keep missing out, join me now with a live account.
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