FX Money Machine Diskusia

3450 pips in September. +371% from April this year. Leverage only 12%. This is the system everyone dreams of.

cxpartners posted:
These trades are proprietary of C3X. While Steve manages them via lots etc but the trades themselves are C3X and cannot be opened up for free access.

C3X Trade Copier ensures that all trades are taken exactly where C3X takes the trades. It never allows a single trade to be taken outside the range.

But Steve is working on some other way for you to take these trades outside of AUTOTRADE. You will have information next month.

Ok, fair enough. Let me ask you something. Following Steve's signal is like following C3X autotrade signal, right? The bad thing is we don't have access to the knowledge-based & trade information C3X provides, but the good thing is we can receive signal even we have invested capital lower than $10,000. Please correct me if I was wrong.

sgbdis posted:

Layou posted:
For those of you that are concern about DD, you should set your lot size less that Steve. I have mine set to abut 70%. If that still don't work for you, you should consider manually closing certain trades ahead of major news announcements.

Not sure autotrade allows fiddling with trades. Yes you can adjust lot sizes but trades are automated. Let me know if otherwise thanks.

DD should not worry you. It reached 17% at the worst point, now it's under 12%. DD is part of the game as I close trades that are in good profit and let losing trades take their time.

Not worried, I think your trades are the best I have seen, but I have a large account and I am conservative my nature. Ya, you are allow to cancel any open trades in your account, don't recommend it, I trust your trades.

sdechsing posted:

cxpartners posted:
These trades are proprietary of C3X. While Steve manages them via lots etc but the trades themselves are C3X and cannot be opened up for free access.

C3X Trade Copier ensures that all trades are taken exactly where C3X takes the trades. It never allows a single trade to be taken outside the range.

But Steve is working on some other way for you to take these trades outside of AUTOTRADE. You will have information next month.

Ok, fair enough. Let me ask you something. Following Steve's signal is like following C3X autotrade signal, right? The bad thing is we don't have access to the knowledge-based & trade information C3X provides, but the good thing is we can receive signal even we have invested capital lower than $10,000. Please correct me if I was wrong.

For the time being yes. In October I would be in a position to give you alternatives that you can gain access to knowledge information. However, this is still at the negotiation stage with C3X so for now I cannot delve more information here. Make the most of autotrade for now.

Layou posted:

sgbdis posted:

Layou posted:
For those of you that are concern about DD, you should set your lot size less that Steve. I have mine set to abut 70%. If that still don't work for you, you should consider manually closing certain trades ahead of major news announcements.

Not sure autotrade allows fiddling with trades. Yes you can adjust lot sizes but trades are automated. Let me know if otherwise thanks.

DD should not worry you. It reached 17% at the worst point, now it's under 12%. DD is part of the game as I close trades that are in good profit and let losing trades take their time.

Not worried, I think your trades are the best I have seen, but I have a large account and I am conservative my nature. Ya, you are allow to cancel any open trades in your account, don't recommend it, I trust your trades.

Thanks :) Yes that's how it should be in order to mirror my account. That's the purpose of autotrade.

cxpartners posted:

C3X trade copier is far more sophisticated with over 20 control parameters to control how your acccount is exposed with slippage under 3 pips over 700 trades since 1st March.

I must comment on your post - as far as sophistication goes, I can assure you our AutoTrade solution is best of its class.
Although you as a user do not have too many settings, you must understand this is by design. AutoTrade copies trades with slippage less then 3 pips; moreover, if a trade can't be copied, it will endlessly keep trying until successful or the trade is no longer valid.

Ethan

Good we got your attention. if you say so, its fine. But I do believe you should allow more options in your autotrade so your clients subs can control.

Thanks
C3X

cxpartners posted:
Ethan

Good we got your attention. if you say so, its fine. But I do believe you should allow more options in your autotrade so your clients subs can control.

Thanks
C3X

Which features are you missing? I can assure you we don't compromise on anything, but I can definitely forward your feature requests to the dev team.

Hello Steve ...
I wanted to ask u .. Can I join capital 3x but with ur same risk settings ????
Capital 3x only produces 5-6 percent per month at normal risk ... If I join them and pay their large fees .. Then I need the high risk settings ... Do they have it or no ??
Pls advice

Hi Shico,
Steve has the same trades as us and its free as its available on myfxbook autotrade. Capital3x returns are 5% a month but thats because we leave the lotmultiplier to subs. So if subs keep lotmultiplier =3, they make 15% a month instead of 5%.

But Capital3x has restriction on trading capital so you need to have at least 10k to start with Capital3x trade copier.

We recommend that you can continue with Steve as the trades are same but Steve has increased risk and exposure as suitable to his clients.

Hi Steve and cxpartners!
Iam analyzing deeply, at stage a demo user willing come live soon. So by viewing your trades since March 2013 to 20th of May 2013 i have to say there was no good performance. Then from May 22th the trades startet to this quality we have now. Also reviewing the perfomance from Sep2012 to Apr2013 cxpartners performance would lead an account to about 16% loss in this period.
So my question is, what happend since mid of may2013 what makes us sure that it will go on now with the given quality?

M,ajor changes happened in strategy as it changed from scalping to positional. 80% of trades are positional in nature. Between March to May, UCAD was in positional building stage which started to close in May so the performance hike in May.

Between Sept - April, C3X had outsourced the operation of the trade copier to another firm (outside C3X) and led to major operational issues. Since Feb, C3X runs the copier within the firm and hence all accounts at C3X copier are very carefully monitored for slippage and deviation and execution delays etc. Over 720 trades, we are glad to inform, not a single trade has slipped beyond 2.3 pips in execution. But the main thing, C3X team runs the trade copier and hence the huge difference between sept -april and March to Sept. The performance will only get better. :)

C3X in its endeavor also allows a sub to host their MT4 within our VPS thus eliminating the problems of connections etc. All a sub needs to provide is an MT4 login and they are up and running.

This myfxbook autotrade is merely a chance for visitors outside C3X to know what goes on at C3X.

This is a announcement that FX Money Machine will close later this month or next.

Those on live on FXMoneyMachine are now made aware that FXMoneyMachine will not run on AutoTrade after a few weeks.

Thanks

As advised last week, Autotrade is not providing the expected income and I have decided to close it down. I'm sure you all agree that the performance of FX Money Machine is more open for everyone to judge. Since FX Money Machine was available on Autotrade it has delivered more than 4000 pips in just over 4 weeks.

For those on live accounts I suggest you start closing the trades that are in profit and switch the lot sizes to 0.01 lots so that new trades running on the master account will have little impact on your account. I will switch off once drawdown has come down from the current 8% level.

During October I will be starting my private signal service which will work exactly the same and you can have minimal interruption to your trading by switching over. I will be limiting memberships to 100 on first come first serve basis. Once I reach 100 subscribers I will stop taking new memberships. I'm also offering some benefits for those you are on live accounts and want to switch over. Kindly state this when replying to the email below.

cxpartners posted:

This is a announcement that FX Money Machine will close later this month or next.

Those on live on FXMoneyMachine are now made aware that FXMoneyMachine will not run on AutoTrade after a few weeks.

Thanks

This is not a good news actually. I just started following him for only a week. Anyway, before he stops running on AutoTrade, he will close out the positions (in profits), right? And when exactly this termination will be effective? Please keep us informed. Also, one last question, for those people who still appreciate C3X and Steve's performance but somehow, don't meet $10,000 minimum capital requirement, is there any alternative options available for those people?

All want take fast business by limiting something. Limiting time, limiting spots, and so on. What ist with making business by long time and stable? Trust growth take time not the stategy come fast to me but otherwise you will be late. Found a longterm stable business and no rocket which will burn out and come down.

I share the same sentiment. I just subscribed to pepper for this, and just awaiting to be linked to myfx autotrade thru Steve. Can anyone enlighten me, is Steve (also called fxmoneymachine?), is a trader under Capital3x?

sdechsing posted:

cxpartners posted:

This is a announcement that FX Money Machine will close later this month or next.

Those on live on FXMoneyMachine are now made aware that FXMoneyMachine will not run on AutoTrade after a few weeks.

Thanks

This is not a good news actually. I just started following him for only a week. Anyway, before he stops running on AutoTrade, he will close out the positions (in profits), right? And when exactly this termination will be effective? Please keep us informed. Also, one last question, for those people who still appreciate C3X and Steve's performance but somehow, don't meet $10,000 minimum capital requirement, is there any alternative options available for those people?

Hi,
I will stop autotrade once drawdown is v minimal. I'm starting a private signal service in October. I believe I had your request for more information on my email. I'm accepting accounts with less than $10k minimum account balance. I only have 100 slots available so make sure you are on that list.

BR
Steve

medibkk posted:
All want take fast business by limiting something. Limiting time, limiting spots, and so on. What ist with making business by long time and stable? Trust growth take time not the stategy come fast to me but otherwise you will be late. Found a longterm stable business and no rocket which will burn out and come down.

Hi,

You found the right long term stable business on this thread. drop me an email so that I add you on my list. All my historic trades are public now so it now your choice if you want me to make you money going forward.
You can also have an option to learn trading the way hedge funds work.

BR
Steve