Petra Conservative Diskusia

fxendoso posted:
    

PetraFx posted:
    Nothing needs to be done by Guo An. We have already sent proof that he is a client to MyFxbook and we will be grateful if they could verify our statement.

This is going no where as you seemed more interested to proof your point rather than doing as we suggest here - write ATC, email/skype us, reading the link about Block accounts that we posted. All trades are executed using the master block account, and it will automatically allocate each contract to the designated account.

To prevent this from escalating further, PetraFX is not going to post further comments with regard to the authenticity of our accounts and the reasons for not publishing our history. We have made our reasons clear and readers can read the above posts to decide for themselves.
 
We realise that in this world, some people take actions and there are some who spend their lives thinking 'What would have been if...' During the course of the exchanges, we already have people enquiring about our systems and signed up for account opening for a managed account with PetraFX.
 
We also understand that there are some people who would like to have the last word to 'think' that they proved a point, we are happy to accord Kishore this privilege and wish him well.
 
Nevertheless, we would be most happy to entertain other enquiries not clarified before.

LOL PetraFX, this is by far the best post I ever read on discussion. Where did you learn to write like this?

Just look at his other numerous posts on other people's systems, he is just spending time flaming others and making baseless accusations. I suggest that his time is better spent improving his own trading.

Dear FXendoso
I am not asking to explain how many lota he(Petra )want to open in 3k account
I have nothin against him or I may be a potential customer
If he can explain howmany lots typically he opens in 3k account .Look at co trader Volatility ,he is showing his method of trading and asking potential customers to join in his managed accounts
He said to me he opens 0.05 lots lots 3k account and he said he opens maximum 6 trades
and most important he is showing his method of trading ,
That is want every customers wants to know .
I will start tomorrow one managed account and say to fellow traders here
I will do scaliping ,swing trading ,Intradaay trading but my trading more or less closes within 40 to 50 minuntes
Thats is not the way to ask fellow traders to give money away in the name of managed accounts .
If i hurt any one by my post I am really sorry guys
regards

no offence taken Kishore. We are not interested to engage in a flame war with any traders here. But frankly your insinuations here about PetraFX were not substantiated and we need to protect our reputation for the accountability towards our clients. If you have read Volatility page, he also states in his description that he is offering this access for a limited time only. They are relatively new and probably needs to do so to gain clients confidence.

Ask any experienced programmer and trader, they will be able to sniff and replicate your trading strategy (esp if its EA) just by looking at your trade records.

We will be taking part in MyFxbook contest starting 5th May in which 1 of our trading strategies will be shown to the community. We welcome you to monitor that contest account then.

Hi PetraFx,

I see you're in Portugal. A Portuguese friend of mine who is an IFA based in the UK tells me that as an IB he believes you need to be regulated by https://www.cmvm.pt/en. Would you be kind enough to comment on this please?

Hi LAM,

PetraFx is a managed by a few professional traders located around the globe so that we can achieve synergy in watching the market 24 hours a day.
 
The reason you see the Portuguese flag in our MyFxbook page is because one of our traders is resident in that country, not our Company. So there is no legal obligation for us being registered in the Portuguese Commision,because the only thing that is related is one of our traders is residing in that country.

Thanks for the quick reply and have a great week.

Petra one more question does this account represent
whole block of your total account or
this is individual account of one person ?
Suppose in PAMM like account lots and profits distributed equllly .
In case if i give you 3 k account does the money pools here in your large account?

SO far your account is looking good
I am quiet happy with all questions you have answered

FXCM UK/ATC provides block accounts.: https://www.atcbrokers.com/forexecn/tradingservices/blockaccounttrading.php

Clients open account in their own name and deposits are held in their name as well. Their deposit will be reflected in the total amount shown on the block.

Trades (lots placed) conducted on block account are distributed to each account based on account balance. So if we trade 1 lot on 100K account, it will be 0.03 lot on your 3K account being distributed to.

hey all,
i have been with PETRAFX from the begging i am with the conservative PAMM the result on myfxbook reflect
the result on my account.
who ever open managed account with PETRA are in very very good hands.
best regards
ram

Weekly performance (26 to 30 Apr) for Petra Conservative portfolio.
Weekly gain = -1.36%
Overall gain = +38.86%

hey petra,
are you guys in 25% floating DD??are you using stop lost ?
shrek

The post has not been updated for quite a while.
Any problem ?

@SHREK @LUL18 The DD was caused by a rather big withdrawal in one of our investor's fund, instead of trading decisions. We are well managing it to maintain it within our published max DD expected for conservative (20%) and moderare (30%).

sorry we missed your posting. For urgent and immediate replies, we will be better reached at [email protected]

Have a great trading week ahead, folks

PetraFx wishes all Muslim members of this forum Selamat Hari Raya!

We pray for love, understanding and peace among all this year through.

Team PetraFx
www.Petrafx.com
got facebook? https://bit.ly/5GXmdi

Would you mind commenting on your steep losses, the account is at 60% of equity. Hope you didn't go long the euro as it peaked at 1.41

stephanusR posted:
    Would you mind commenting on your steep losses, the account is at 60% of equity. Hope you didn't go long the euro as it peaked at 1.41

Yeah, not very conservative.

Thanks for your interest in our systems.

More of our trading strategies can be found in our Fact Sheet: https://www.petrafx.com/wp-content/uploads/2010/10/PetraFactSheet.pdf

Our trading on Block accounts are geared towards longer term and clients have been briefed on this through our 1 to 1 consultation on Skype or email. Clients with us since the beginning has collected their 2nd tranche of 20% payout.

You have to understand that this is a PAMM account and we cannot control clients' decision to withdraw partial or all of their funds at certain point in time due to their circumstances in life. This would have also contributed to the rise and fall in equity. More so especially after last week, where a few big US clients were demapped from the blocks due to the new US trading regulations.

Should clients be interested in a shorter time frame trade or would like to have their accounts managed individually, we have solutions in our Premier accounts where you can see

https://www.myfxbook.com/members/PetraFx/premier-1/46937 (9% nett gained since Aug 12 on a 60k client specified conservative approach)

https://www.myfxbook.com/members/PetraFx/premier-2/50649 (22% nett gained since Sep 14 on a 10k account)

You are all invited to join discussion as soon as we make new equity highs as well as we are confident that we will do it again and again and over again.

Team PetraFX

PetraFx posted:
    Thanks for your interest in our systems.

More of our trading strategies can be found in our Fact Sheet: https://www.petrafx.com/wp-content/uploads/2010/10/PetraFactSheet.pdf

Our trading on Block accounts are geared towards longer term and clients have been briefed on this through our 1 to 1 consultation on Skype or email. Clients with us since the beginning has collected their 2nd tranche of 20% payout.

You have to understand that this is a PAMM account and we cannot control clients' decision to withdraw partial or all of their funds at certain point in time due to their circumstances in life. This would have also contributed to the rise and fall in equity. More so especially after last week, where a few big US clients were demapped from the blocks due to the new US trading regulations.

Withdrawls, deposits shouldn't make any difference to the abs.gain. Your system is now at 56% of equity worse from the 60% level. Would you agree that you don't really know what are doing and doing such with other peoples money?

Your current equity is $77 252.94, balance is $116 794.92, profit is $39 877.86.
What I'm trying to say is that if you close now all trades you will have this calc:
$77 252.94+$39 877.86=$117 130.8
So actually after 10 months you barely have few hundred $ of profit.

It's really conservative, worse than a regular bank deposit.