FX Viper Live Master Account讨论

FXViperTrading posted:
There is no auto trading. We offer Managed accounts only

Thanks Jeff for the response. :)

Hello, I'm currently a new trader I was wondering if it's possible for me to have my account under you?

Good luck this year, like the history there, Maybe ill get caught up to you by November 2018 with the balance you have... enjoy

Keep up the good work!

Hi is it posible to have a demo account connected to this service so i can track its performance for a couple of weeks ? im a novice i appoligize in advance if this is a stupid question, thanks Jon

Sorry only live accounts I will manage

Thank you for all the kind comments and words.


Viper

This trader is only in it for the rebates, He is impossible to reach when he goes into a drawdown and holds trades against the trend forever.

In the past he has held trades that have gone 1000+ pips in drawdown and kept them open for over 12 months just because he's afraid of closing a losing trade.

It's the worst kind of strategy and is virtually guaranteed to blow up one day.

Stay away!

Well this trader gave me a 14,15 % clear profit on my investment for the year 2016 !!!
Not many banks could give that !!!

Thanks Jeff

He's a good trader with low drawdown which is what you want. I just would like to see how the strategy would handle a flash crash against one of the pairs he trades and how he works his way out of it as just buying/selling the one way in an almost martingale like fashion could prove dangerous.

joeypro posted:
Well this trader gave me a 14,15 % clear profit on my investment for the year 2016 !!!
Not many banks could give that !!!

Thanks Jeff

How can you compare this to a bank???

You made 14% in a year with the risk of losing everything.

The fact that you think you've done well in 2016 is scary... You really don't understand the risks of what you're doing with your money.

He only closes winning trades letting the losers run forever and one day he's going to get this very wrong, when he does you'll walk away with nothing.

However he'll still have made money from you through his rebates...

There's only one winner in this equation, and it's not you.

stevehu10 posted:
He's a good trader with low drawdown which is what you want. I just would like to see how the strategy would handle a flash crash against one of the pairs he trades and how he works his way out of it as just buying/selling the one way in an almost martingale like fashion could prove dangerous.

All you need to do is sort his trade history by trade duration and you'll get your answer.

You can see some trades that have been held for 298 days that went 765 pips into drawdown before recovering and his average winning trade is only 8 pips.

It's nothing more than a time bomb, when the EURUSD stops dropping he'll probably blow up.

trying to reproduce his strategy on demo...does not seem too complicated

stevehu10 posted:
He's a good trader with low drawdown which is what you want. I just would like to see how the strategy would handle a flash crash against one of the pairs he trades and how he works his way out of it as just buying/selling the one way in an almost martingale like fashion could prove dangerous.

would be doing great ..only selll ..so the last crashe the went down..and down..and down very easy to figure out

stevehu10 posted:
He's a good trader with low drawdown which is what you want. I just would like to see how the strategy would handle a flash crash against one of the pairs he trades and how he works his way out of it as just buying/selling the one way in an almost martingale like fashion could prove dangerous.

I would imagine he would be okay, as his risk per trade isn't large, so it wouldn't escalate out of control quickly.

very true, but the market doesn't only move the one way. What if it went up and up and up?

the main trend has been going down the road for the last 8 years ,so he's been selling for the last 8 years period

look at the monthly chart

www.mql5.com/en/charts/6730092/eurusd-w1-tickmill-ltd