Sector Capital 1 - PriorFX讨论

You are not talking about facts as long as you cant show at least live transactions from any trading system, making 15/20 percent a month is absolute rubbish

plop1234 posted:
You are not talking about facts as long as you cant show at least live transactions from any trading system, making 15/20 percent a month is absolute rubbish

yes, you are correct. I can't claim this as fact until I show the results. But I don't chase for 15% to 20% with 45% equity protection for my own accounts because my targets are much higher than this.

But if you or anyone has a 10K LIVE account with a good broker with good spread, then just send me the login details and I will set it up my system for free for 1 month and you can see by yourself whether it is achievable or not what I am saying. I will publish it in my myfxbook profile.

Why 10K? Because in 10K the maximum lot size is 0.01 lot.

By the way, you can see the performance within a week. I will use same 45% equity protection and same target 15% to 20% per month.

Sorry. A small correction for my above post for 2,000 USD the maximum lot is 0.01 lot. So if you have 2000 USD with a broker like either pepperstone or Priorfx, then send me the login details.

This is just to show the performance of my system and hence, the account has to be new account , not a old traded account with past histry.

Well so you were not making 20/30 percent a month, you lost in the end.... so hardly worth bragging about.

There was liquidity to escape, but not for bigger positions in 1 go, and 400 orders would have had 400 diffrent rates

Hi BP

When will you trade again ?
We need to recover the loss, we need you my friend !

@bp33 any update from your side?

where is everyone?

According to my calculation trying to recover the entire loss from this system again may take at least 8 to 10 months if the same monthly return will sustain.

Jamal20nat posted:
where is everyone?

where is BP33? he blew up everything here and then vanished

We all are waiting for bp

hopefully BP33 is modifying his EA to handle draw down better for round 2 😄

Hi All,

Brief update although absolutely nothing new to add to what has been said already.

PriorFX are still yet to provide any answers and have only suggested they're about to now that investors have complained about them to the regulator. Clearly, they have something to hide.

Two key issues remain:

1) *Access to the market was denied*, this the ONLY reason there was a stop-out in the first place.
    Comments suggesting otherwise are just plain stupid.

2) It appears PriorFX did not stop out investors correctly at 45%.
    If you are one of those investors affected you should have already made a complaint to the regulator.


One small piece of new information, I'm taking a break. When I resume it certainly won't be with PriorFX.

BP33 posted:
When I resume it certainly won't be with PriorFX.

Good.

so previously was hotforex so now priorfx...

so what's next?

i fairly think all brokers are about the same, end of time, some risk as long its technical is beyond help.

Few investors in this thread argued previously that 15% per month can't be achieved with 45% equity protection with a similar system where as in our system we have used 30% protection only and it already achieved 16% in this week. But obviously it uses high risk.

Investors in this system can have a look into our system in our profile for verifying the above fact.

Note: This post is only for information purpose referring to a previous post and not intended for promotion

BP33 posted:

1) *Access to the market was denied*, this the ONLY reason there was a stop-out in the first place.

not true. you exposed the account way too big to GBP. Have you seen the long long list of open trades ? Besides buying GBP after brexit is plain stupid.

BP33 posted:
One small piece of new information, I'm taking a break. When I resume it certainly won't be with PriorFX.

where did we hear that before ? was it when you fled from HF ?

There is no need to run from one broker to another broker chasing for 5% a month with 45% equity protection. It is absolute non sense.

If investors are seriously looking for 5% a month, then exactly same results can be achieved with 5% monthly return guaranteed every month with maximum 10% equity protection and we can do that. But it needs 20K or 30K minimum starting balance.That's all.

fxtrader555 posted:

BP33 posted:

1) *Access to the market was denied*, this the ONLY reason there was a stop-out in the first place.

not true. you exposed the account way too big to GBP. Have you seen the long long list of open trades ? Besides buying GBP after brexit is plain stupid.

BP33 posted:
One small piece of new information, I'm taking a break. When I resume it certainly won't be with PriorFX.

where did we hear that before ? was it when you fled from HF ?

i studied how the EA trades, it avg after about 42 or smth bars, then uses some kind of position sizing grid.

overall, i must say that system was good for a few years.

But since last year, we saw CHF movements 20% non-leveraged, and it happened again for GBP this year twice!

Any system will bound to fail.

Imagine this, non-leverage can be 10-20%, what about leveraged? if using 1k account, trade 5k units already margin called.

That's why overnight and weekend positions are prone to such gap and risk.

stop loss is not even guaranteed for weekend trades or high impact news

If the system runs so well, send it to [email protected], we run several algos and are always interested....