BOOM การสนทนา

Sent you a pm.
Best regards Steve

Hi Guys,

THIS IS IMPORTANT.

The Broker has asked me that if you want to receive the rebates. You must fund in USD only !

This truely is a custom agreement I have and they are willing to extend it to people who sign up here. However, the adminstration to support accounts in real time in multiple currencies is too much.

They have please asked me to ask anyone who has signed up to keep USD as the base currency. This way they just extend the present agreement to include you. If we start changing base currencies it just all gets to complicated.

Also for anyone signing up in the future please fund a USD account.

I am sorry, it is worth it, these are great conditions, Cheers, Andy

Hi Guys,

This is those using the system. Here is a schedule for the future.

IF YOU ARE TRADING LIVE PLEASE READ.

1) June 23rd to 29th I am going to sending signals at 0.01 lots only. Mainly to minimize any copier / start-up issues, so far there have been no issues, but always best to be safe than sorry. But also in part as I am away on business and waiting for the EURUSD to break out of its downward channel.

2) June 30th to July 4th no signals will be sent. We always avoid the NFP week. While it works fine on demo, repeat experience has taught me just to avoid this week live. Yes we often miss great returns and it takes so much self-discipline to just turn it off, but the entries and exits are too unpredictable.

3) July 7th I will broadcast at full risk for the first time. The risk is roughly 0.01 lots per $100 in your account. So if you have a $1000 account trades will now be at 0.1 lots. If you are trading a $100 account it will stay at 0.01. The risk is calculated automatically based on the ratio of your account balance vs mine. At full risk up to ~9 trades can open. Now if all 9 open at the same time (unlikely), all reverse and no chance to get out (unlikely) and then all hit the max SL (20 pips) you would loose 18% of your account. If this is too much risk for you, then adjust the parameter “UseRiskFactor” (see setup document). A setting of 1 mirrors my risk (default) a setting of 0.25 for example should reduce your risk by 4. Meaning a drawdown of 18/4 =4.5%. Much safer but then also much smaller returns. I leave the risk setting up to you. But please never put it above 1 !

4) Finally, into the future everything will pretty much stay the same. Signals will never be sent during NFP week. I am developing and improving the system all the time. I may send more trades in the future but if I do I will lower the lots such the max DD remains at ~20% at all times. This way there will be no adjustments required on your end.

Thanks loads, Cheers, Andy

Hello Andy_Kandy,

You said you do trade 'huge huge' amount and have 10 years experience, you must then be very profitable.

I understood that in your live account you have numerous of strategies, that it is messy, but if profitable why not sharing your results ?

Regards,

At least it would show us that you are indeed a live trader.

Hi Guys,

Performance is really poor right now, I have just had 2 big loosing days. My live accounts are similar to yours.

Not much I can do, loosers across all my demo and live systems. We need to breakout of this channeling behavior.

I have turned off all signals but EURUSD at the moment until things turn.

Cheers, Andy

Andy_Pandy posted:
Hi Guys,

Performance is really poor right now, I have just had 2 big loosing days. My live accounts are similar to yours.

Not much I can do, loosers across all my demo and live systems. We need to breakout of this channeling behavior.

I have turned off all signals but EURUSD at the moment until things turn.

Cheers, Andy

Andy,

what are you talking about? Your profit today is
Today +0.14% (+0.39%) $85183.54 (+$233228.02)
While I lost 11% of my account

BR

Tomas

Hi Tomas,

It is not that simple. There are two main reasons for this :

1) The system calculates entries over time and places them ahead of time. So opens lots of pending orders. It actually opens a few orders a day. Until eventually it reaches 200 orders the max MT4 brokers allow. Therefore identical systems started at different times make different trades. On older system it tries to add an order but the Max orders has been reached and cannot, older system cannot place another pending order until an older order opens. On newer systems that have been running less time orders are placed more aggressively as all pending pending orders get placed for every possible entry point. Why is this important ? Well, I started new systems off using a modified and improved version of BOOM last week for the signals. While the fundamental system is the same the exact trades are going to be different especially to start with and becoming more similar over time.

2) If you look at BOOM it did have some loosers but they were adjusted to 0.01 lots due to the dynamic lot feature. This is not possible on small accounts. In fact at present as I am broadcasting everything at 0.01 lots for testing it would not even help on large account. The lack of this adds to the drawdown. I need to take this off ASAP, but for testing 0.01 lots seems the safest.

It will make money from $100 but it will be choppier. I posted the results of a live account 2 days ago here starting $100. But for some reason it has not appeared yet. I think myfxbook delay the post it should appear soon.
 
What I may do when I get back next week, is test copying of the actual BOOM demo signals that you see into a live account. I have made so many improvements to the code over the year, I wanted to avoid this. But today at least it did make very different trades, so blending this signal in to system may help reduce drawdown. I will look into this.

In terms of all my new system accounts started recently (i.e. what I am presently sending to you and my own live main accounts) everything was down a lot over the last 2 days. Not pretty, worse period ever.

Tomas, I want to thank you for pointing out that BOOM was different, as there could be something to learn from this moving forward.

Cheers
Andy

Andy_Pandy posted:
Hi Tomas,

It is not that simple. There are two main reasons for this :

1) The system calculates entries over time and places them ahead of time. So opens lots of pending orders. It actually opens a few orders a day. Until eventually it reaches 200 orders the max MT4 brokers allow. Therefore identical systems started at different times make different trades. On older system it tries to add an order but the Max orders has been reached and cannot, older system cannot place another pending order until an older order opens. On newer systems that have been running less time orders are placed more aggressively as all pending pending orders get placed for every possible entry point. Why is this important ? Well, I started new systems off using a modified and improved version of BOOM last week for the signals. While the fundamental system is the same the exact trades are going to be different especially to start with and becoming more similar over time.

2) If you look at BOOM it did have some loosers but they were adjusted to 0.01 lots due to the dynamic lot feature. This is not possible on small accounts. In fact at present as I am broadcasting everything at 0.01 lots for testing it would not even help on large account. The lack of this adds to the drawdown. I need to take this off ASAP, but for testing 0.01 lots seems the safest.

It will make money from $100 but it will be choppier. I posted the results of a live account 2 days ago here starting $100. But for some reason it has not appeared yet. I think myfxbook delay the post it should appear soon.
 
What I may do when I get back next week, is test copying of the actual BOOM demo signals that you see into a live account. I have made so many improvements to the code over the year, I wanted to avoid this. But today at least it did make very different trades, so blending this signal in to system may help reduce drawdown. I will look into this.

In terms of all my new system accounts started recently (i.e. what I am presently sending to you and my own live main accounts) everything was down a lot over the last 2 days. Not pretty, worse period ever.

Tomas, I want to thank you for pointing out that BOOM was different, as there could be something to learn from this moving forward.

Cheers
Andy

Andy I do understand it is martingale so it is profitable even though it is loosing pips.
However your demo is profitable in pips as well while my account is not

Hi Tomas,

It is not martingale at all. Quite the opposite. It reduced the lots after a loss, therefore in a poor period like this it has less drawdown. I have explained above why the trades in BOOM and the signals are different. I am sending signals directly from my live account, which is running a newer and improved version of BOOM. In the long run this is better, but there are differences. It will not always be identical.

You are going to have to be patient. I am afraid this is a system that will be choppy and then all of a sudden make massive gains.

Cheers, Andy

Hi Guys,

I tried to send the message two days ago but it is either very delayed or I did the link to the image wrong and myfxbook rejected it so I decided to post again, with the image as an attachment. Note the last two days not reflected here were very poor as indicated in the messages above so the account is now in the $1700 dollar range.

Hi Guys (from June 22nd),

As I mentioned before I don’t want to share my live accounts on myfxbook. This said I know a lot of you want to see live result just as confirmation the system does work live and that I am really trading live at PFD.

I am afraid my live accounts are very messy as I never planned to share this system. Attached is a screen dump of one of my live account, as I said it not pretty. This not one of my main accounts just one of many small development accounts.

 I am testing a load of different optimizations at the same time as you can see from the magic numbers. The drawdown is high as I tested loads of settings and had too many running in May. What I am sending as signals to you is just three of the best signals. I will upgrade the signals over time as better performing version emerge.

In summary this is a small test account (not my main accounts) and starting from $100 in late Feb is now ~$2000. If you look carefully at the BOOM demo (the demo system that is at 1.2M % return (not the backtest)) you will see in May 2014 to now is the worse period it has had. As soon as the EURUSD stops channeling we should be in better shape. Right now things are very choppy.
 
I hope this helps a little,

Cheers,
Andy

Hi Guys,

Ok great move this morning. I am back over $2000 on the development account. I see some of you will the smallest accounts are now up 15% after making all the loses back from the last 2 days.

If you have a large account the impact was tiny as I am still sending 0.01 lots.

The system does work, just please be patient. It makes money in large jumps sometimes these come back to back sometimes they are very far inbetween.

Look at returns on a weekly basis rather than daily. It is always going to have choppy days.

Don't compare to the demo BOOM too closely. You are getting the best signals from my live accounts. Sometimes the BOOM demo will do better, but overall the system I am sending (an improved BOOM) will outperform in a live setting.

Next I will start to analyze different performance based on location and see if all copying accounts are doing the same.

Cheers, Andy

Hi Andy,

thank you for signal.

It is still to good too be true:)

No hidden issue anywhere?

BR

Tomas

Hi Tomas,

Thanks loads,

I am glad you are happier now, all accounts are doing well, at full risk you would all be approaching 20% or more for the week. Not bad when you consider the terrible start to the week.

There are no hidden things here it is a genuine test of my best system, that I have worked years on, and I have given you access to the best broker conditions. I could have marked up all the conditions but I did not as I want anyone who helps me to make money too.

Moving forward the things to note are :
1) The copier seems to work well for now.

2) I am only sending EURUSD signals at the moment. This is not good long term as we need all three USDJPY,GBPUSD,EURUSD to cancel longer periods of drawdown. I need to work more on these other pairs. They are still very choppy in current market conditions.

3) We are not out the woods yet in terms of market conditions, there are signs of recovery, but there are likely bumpy times ahead.

4) When we switch to full risk signals, if we get some bad days after this $gains made so far will disappear fast. Keep an eye on pip returns and have patience the $ will come.

5) Use the BOOM demo only as a very very crude guide. This is a system that is a year old, I only posted this one, as it is the only continuous account I had. The system you are copying from is an improved version with a years worth of programing improvements. There will be many days where the two don’t correlate. For example you can look at the BOOM demo and see we are in poor market conditions in general. However, you will also see the BOOM system lost overall this week while the live system made good returns in the end.

Finally, the biggest weakness to the system is me. I genuinely want people to make money do this. When I woke up two days again and found I had lost lots, I was mortified, because I new everyone copying was also loosing. The stress for me is amplified a 100 times when you have people copying from you. So I please ask everyone to be patient. Otherwise it will be too stressful continue long term.

Understand that there are risks, there will be terrible days, terrible weeks, and there is no guarantee. It is a great system but I cannot predict the markets. I can only do my best and I am truly sending only the best signals I have.

Thanks again, Andy

Andy

do not worry.

You are doing great.

And if it prove to be working and broker is solid I have some real money to invest with you:)

Any one have a LIVE MFB link for this system?

will like to try this out...will pm you....thanks.

2) June 30th to July 4th no signals will be sent. We always avoid the NFP week. While it works fine on demo, repeat experience has taught me just to avoid this week live. Yes we often miss great returns and it takes so much self-discipline to just turn it off, but the entries and exits are too unpredictable.

Hi Tomas,

You are correct the sender is turned off this week for the live accounts. I am still running the original BOOM demo. I don't bother stopping all the demo's I have over a 100 this end do various tests, but the live sender is stopped.

I will start sending next week at normal risk for the first time.

Cheers, Andy