โพสต์ของ NextLevelForex - หน้า 8

This trading system uses extreme Martingale. Which means it's only a matter of time before the account blows up. The basket of trades shown below paints a very clear picture to me:01.13.2012 03:31 01.13.2012 11:10 EURUSD Buy 0.50 - - 1.28630 1.26807 -182.3 -91.15 7h 39m -0.49% 01.13.2012 03:57 01.13.2012 11:10 EURUSD Buy 1.00 - - 1.28558 1.26807 -175.1 -175.10 7h 13m -0.95% 01.13.2012 08:26 01.13.2012 11:10 EURUSD Buy 5.30 - - 1.27851 1.26801 -105.0 -556.50 2h 44m -3.06% 01.13.2012 10:26 01.13.2012 11:10 EURUSD Buy 51.60 - - 1.26644 1.26799 15.5 799.80...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 18, 2012 at 03:27

STABLE = yes, so far...SAFE = absolutely not!!First of all I must say that "limited slots" and "no later than 1/15/2012" are quite a turn off, for me and many others. I was enjoying the holidays at the time of your post, and even if not on vacation I'm sure I would have not signed up. Common, you only had 1.5 months of history, who do you think you were fooling with this?Now that I'm back I decided to take a look at your account, maybe you had something genuine in there, and my quick initial opinion was wrong. It took me less than 1 minute to find Martingale at its ...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 17, 2012 at 03:08

Thanks Gustavo, I looked and liked what I saw, but the account is too young at this moment.I'll look again in a month or so; if the metrics I track are still as good as today, we'll talk more.

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 15, 2012 at 18:13

I'm 100% sure it's the promise of recovering from a loss. Instead of accepting the original trade was wrong, and cut the loss, it's much easier to believe the market will turn around, at least enough the break even. "Yes, I'm down 100 pips, but look, if I double my position the market has to recover only 34 pips and I'll be break even. After it went down so much, surely has to recover, at least a bit"! That's one aspect of the unprofessional trading you mentioned...There are uses of martingale that don't wipe the account in one blow, like linearly averagin...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 15, 2012 at 04:12

I see your account was deleted. Maybe martingale did not work so well, after all...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 05, 2012 at 22:36

Thanks Jacob, I added the account to my watchlist!Do you use Martingale-like management? I see negative realized pips on Dec 29 and Jan 04, while the growth line went up.

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Jan 02, 2012 at 12:06

I just checked it and see nothing interesting about it.First of all, it's a DEMO account, with very short track record (1.5 months, 25 trades). Then I see a 31% realized drawdown, on top of which you have a 20% floating DD (so the combined DD exceeded 50%). I also see a SL set to a large amount (330 pips). Is this LeoTraderPro? It does not matter anyway.

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 23, 2011 at 06:53

What you say makes sense! By having you reply here you show you care about your image, and want to be treated fairly. That is good, and my reply was meant to show you your weak points (69% drawdown is a catastrophe, I hope you agree with that; whoever does not, is a pure gambler in my opinion).If you can, you should prepare your accounts to have zero such glitches in the future. You would have gained more by starting trading 1 week late and posting your account only after you have 30 days of history (just saying, 3-6 months would be more serious).I wish you the best with this business!

Winsor's Five Trading EAs in Real Time ใน นักเทรดที่มีประสบการณ์ Dec 23, 2011 at 06:39

I recommend you don't take this bet, Steve! I don't like how Winsor is replying to the very normal request of opening up the trading history. Why should you write even a "sorry, you were right" post if he does that? It's your right to ask for transparency!Just think of the amount of time it would take him to make the account public, versus the amount of time to type all the posts since then. I'm amazed to his reluctance to do as you asked, since in my view it makes him look like not willing to deal nicely with "difficult" customers. What happens if you inves...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 23, 2011 at 06:04

Rafal,You registered 17 hours ago, just to recommend "an experienced trader"? You would have had more credibility saying "hi guys, this is my account, it's only 4 days old, so I know the performance means nothing at this point, but I'm in this for the long term, so please add it to your watchlist".I'm sure you (or whoever the "experienced trader" is) will get clients anyway, the same as Vegas continued to have clients even though US was in a recession. But you will likely get more by linking your account to myfxbook (and other similar services), which ...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 23, 2011 at 05:56

Jason,You posted a link to that first account on my thread. Now you say it's a stress test? Why did you not post the best link first?Also, the PAMM account you listed had a 69% drawdown on Dec 20, so the "much lower risk/drawdown" is actually higher...Sorry, you may have a good trading method behind it, but the implementation (money management) is very poor. Hope your investors will realize they are gambling with your account and invest appropriately.

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 22, 2011 at 04:57

Thanks Jos for following up, and especially for opening your trading history!Your results indeed look good, but there are a couple of corrections I need to make, for the benefit of everyone trying to asses your performance through my criteria:4) you need to select only the last 100 trades, not all 171; I selected the 11/29 8:00 - 12/21 13:00 interval and got the answer: for the last 100 trades, the average pip/trade (the same as Pips Expectancy; at the time of my original post I did not know they are the same) is 320.2 / 100 = 3.2 pips (and yes, you need to include the losing trades)5a) there ...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 21, 2011 at 10:40

Hi Pro_Trader,I'm on vacation, and traveling out of the country, so up until yesterday I was barely checking my accounts and email. I will remain in this "vacation" mode until Jan 15. But since I'm at my computer, and since you asked again, I'll reply to you now.The size of an account that I'm willing to have some else trade is dependent on the leverage, so I'll answer your question from the perspective of buying power, which is a more accurate measure of the accepted exposure.As it stands right now, I offer up to 25 lots total exposure, ignoring hedging (so 10 si...

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 20, 2011 at 14:43

I checked your system a couple of hours ago, and the equity was around 53%.In other words, there was a drawdown of 47%.No matter how great the system looks from other perspectives, such a large (and on-going, if the balance vs equity chart displayed by myfxbook is correct) drawdown is way too much for my taste.

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 08, 2011 at 21:58

Good, we are on the same page, then!I had people, even on this thread, claim 100% win rate... That worked great for them, until it did not :)

20-40% performance fee (with high watermark) for Forex traders ใน นักเทรดที่มีประสบการณ์ Dec 07, 2011 at 21:46

Thanks Aleksandr, I added it to my watchlist.The stats look great so far, but they don't mean much until you take some losses (you have 100% win rate so far; that's good, I just hope it's not your target)

16M - M06 ใน ระบบการเทรด Nov 29, 2011 at 20:11

When I started the NextLevelForex project, I had a very strong reason for picking (semi-)automated trading: I wanted a business that I can put on hold whenever I want, for as long as I want. Now the time came to put that feature to the test, since I’m soon going to take a longer vacation… To my surprise, I had a good amount of hesitation. “Why should I stop trading? that will just mess up my stats”, “there is a high chance the next two weeks are going to be quite profitable, so let’s trade for just a few more days”, and other similar rationalizations ...

04A - T ใน ระบบการเทรด Nov 29, 2011 at 20:11

When I started the NextLevelForex project, I had a very strong reason for picking (semi-)automated trading: I wanted a business that I can put on hold whenever I want, for as long as I want. Now the time came to put that feature to the test, since I’m soon going to take a longer vacation… To my surprise, I had a good amount of hesitation. “Why should I stop trading? that will just mess up my stats”, “there is a high chance the next two weeks are going to be quite profitable, so let’s trade for just a few more days”, and other similar rationalizations ...

EURUSD	1.07228	GBPUSD	1.27021	AUDUSD	0.66681
USDJPY	158.416	USDCAD	1.37175	USDCHF	0.89035

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