From what I have studied in this strategy there is something very strange indeed.

Before I get started in this system, one or two weeks ago, I noticed the grid is made with intervals of 45 pips between the trades. This time the intervals are 55 pips. If he had kept the 45-pip-interval he would get out of trade way faster. Why is this sudden change of strategy? This make us investor lose confidence on the system.

Best regards!

Fibonacci23 posted:
From what I have studied in this strategy there is something very strange indeed.

Before I get started in this system, one or two weeks ago, I noticed the grid is made with intervals of 45 pips between the trades. This time the intervals are 55 pips. If he had kept the 45-pip-interval he would get out of trade way faster. Why is this sudden change of strategy? This make us investor lose confidence on the system.

Best regards!

Somebody is closing positions by manual way. I think, this is good and owner of NCM told about this.

Also, I think 20+ EUR/ USD in profit is enough to get out from transaction. Bot should consider this, if conditions are poor/ unstable/ hard to predict.

My respect for Company, but I am affraid that all bank can be wiped out with so huge swings, or positions can be opened for very long months.

Fibonacci23 posted:
From what I have studied in this strategy there is something very strange indeed.

Before I get started in this system, one or two weeks ago, I noticed the grid is made with intervals of 45 pips between the trades. This time the intervals are 55 pips. If he had kept the 45-pip-interval he would get out of trade way faster. Why is this sudden change of strategy? This make us investor lose confidence on the system.

Best regards!

Having closer trade intervals would mean that the drawdown would be higher.

Thenonky problem now is gbpcad has broken resistance. So there wont be a drop below this. Any recovery has to be done by further grids above resistance.

Fibonacci23 posted:
From what I have studied in this strategy there is something very strange indeed.

Before I get started in this system, one or two weeks ago, I noticed the grid is made with intervals of 45 pips between the trades. This time the intervals are 55 pips. If he had kept the 45-pip-interval he would get out of trade way faster. Why is this sudden change of strategy? This make us investor lose confidence on the system.

Best regards!

The changes they make actually give me more confidence.
Would you prefer a strategy that is regularly optimised to current market conditions, or one that tries to apply the same rules forever?
Hint: I can tell you that only one of these will survuve for the long term.
If you'd been subscribed through Brexit you would know that they halved the risk when volatility was extreme because it was the sensible thing to do.
Had they not done that it might have seen the account get stopped-out.

I have cut my losses (read substantial-- 10.5%) and have put NCM on hold..
I will see how they get out of this and then wait and see. I will consider cancelling my subscription..

Strange that they run the euro account different to the dollar account..
Euro account has closed all positions at about breakeven and the dollar accounts is still open with a 11.82% draw-down

rolias1 posted:
I have cut my losses (read substantial-- 10.5%) and have put NCM on hold..
I will see how they get out of this and then wait and see. I will consider cancelling my subscription..

Strange that they run the euro account different to the dollar account..
Euro account has closed all positions at about breakeven and the dollar accounts is still open with a 11.82% draw-down

What is the euro account?

Waiting for a big downside of gbpcad😎🧐

I heard NCM sent an email. I didn't get it, please can someone copy and paste here.

https://ncmsignal.com/important

If you login to their site (where you change risk), there is a link to an announcement. I trust they will manage this ok. But of course never invest more than you are willing to loose.

There is an important message on the ncmsignal site. Read this. Keep it up martin and ncm signal admins. 💪💪💪💪

jimbobule posted:
I heard NCM sent an email. I didn't get it, please can someone copy and paste here.

NCM Signal
4:05 PM (2 hours ago)
to info, bcc: me

Dear Subscribers,

We would like to give you some information about the situation this week.
We are stuck in a bull trend with sell positions. We have had this in the past. What is different about the current situation is that it is longer lasting. There are several reasons for this. On the one hand, we are trying to trade less aggressively because of the increasing account volume. On the other hand, because of the low trading volume we have seen in recent months, we see smaller back and forth movements in the first place, which could be a good basis for an exit.
We are currently waiting for the right price at which we can open an exit position. Knowing the weight of the matter, we are approaching it cautiously.

However, in recent days we have received nearly 500 emails waiting for a response. Unfortunately, we do not have the capacity to answer them all, especially in the current situation.
We would love to discuss in another situation what we are doing, but at the moment, this is not possible, so please refrain from giving us good advice and making requests.
We have also received feedback on the cancellation of the service. If anyone decides to do so, we are sorry, but please make sure that you cancel your subscription with Paypal, take the balance out of your trading account, or change its password.

If the market allows, we will try to get out of the current positions. It will take more time than usual and may take even longer.
We are currently at a drawdown of 14%. We have been through more than that, we are not aiming for new highs, but we are also not rushing into an exit strategy with unnecessary risk.

We hope our letter gives some reassurance to those who are worried about the future of their account.

Best regards,
NCM Team

Thanks

The question is. For how long to recovery?
I saw many months with other systems.
I hope, but this is only a wish. For quick recover.
What about the past?

drayzen posted:

Fibonacci23 posted:
From what I have studied in this strategy there is something very strange indeed.

Before I get started in this system, one or two weeks ago, I noticed the grid is made with intervals of 45 pips between the trades. This time the intervals are 55 pips. If he had kept the 45-pip-interval he would get out of trade way faster. Why is this sudden change of strategy? This make us investor lose confidence on the system.

Best regards!

The changes they make actually give me more confidence.
Would you prefer a strategy that is regularly optimised to current market conditions, or one that tries to apply the same rules forever?
Hint: I can tell you that only one of these will survuve for the long term.
If you'd been subscribed through Brexit you would know that they halved the risk when volatility was extreme because it was the sensible thing to do.
Had they not done that it might have seen the account get stopped-out.

Decrease the lot when market goes crazy thats reasonable. The point is, the exact moment when he changes the strategy increasing the intervals, he went in a huge DD and could get out if he kept the old rule. Thats my POV.

The recover is starting from 7 hours

NO SL. Account could meet a big DD or account blow on crush.

Time for a big downside gbpcad. What a candle, come on😎