Sector Capital 1 - PriorFX讨论

Hi everyone,

A few points to be made:

1) Everybody has a different risk appetite - that's of course fine and it's up to each individual what they do with their own money. Just because someone has a different opinion on what is acceptable to them doesn't mean anyone else needs to hear it.

2) It could not possibly have been made any clearer to investors that DD will be anything up to 45% for Sector 1 Moderate.

3) We weren't joking - up to 45% means exactly that and there WILL, for certain, be times where it is near that. This is very deliberate.

3) If up to 45% DD is not acceptable to your own personal risk appetite (which is perfectly fine) then *another option already exists* in 'Sector 1 Low' which has up to 25% DD as its risk tolerance. Funnily enough, BASICALLY NOBODY HAS CHOSEN THAT OPTION and unless they'd like to reconsider what their risk appetite *actually* is then I'm going to close that one down by the end of this week due to lack of interest.

4) If up to 25% DD is still too high for you (again, that's quite fine) then as a suggestion you may wish to investigate 'Sector 2 Moderate' and/or 'Sector 2 Low' both of which are by a different trader and simply do not trade if volatility is even slightly high. Given that my strategy is madly in love with volatilty (on purpose) then I think it's reasonable to say that Sector 2 can be viewed as a suitable option for risk diversification. This has been mentioned before btw...

Trading will resume tomorrow (Tuesday).

Have a lovely day.

BP33, what is the current leverage showing in your account? i think few weeks ago it was 1:200. today i saw it's 1:100 however i changed back it to 1:200, not sure account will follow which leverage, mine or master account.

this is my yesterday daily confirmation e-mail:

Floating P/L: -29.38
Closed Trade P/L: 0.14
Total Credit Facility: 0.00
Deposit/Withdrawal: -7.27
Equity: 892.17
Balance: 921.55
Margin Requirement: 280.51
Available Margin: 611.66

is the available margin is fine? please let me know if the account is safe or not due to these leverage issue.

according to myfxbook 'Sector 1 Moderate' equity 99.96% but if i calculate my account equity it's 96.81%

fire_kid posted:
BP33, what is the current leverage showing in your account? i think few weeks ago it was 1:200. today i saw it's 1:100 however i changed back it to 1:200, not sure account will follow which leverage, mine or master account.

this is my yesterday daily confirmation e-mail:

Floating P/L: -29.38
Closed Trade P/L: 0.14
Total Credit Facility: 0.00
Deposit/Withdrawal: -7.27
Equity: 892.17
Balance: 921.55
Margin Requirement: 280.51
Available Margin: 611.66

is the available margin is fine? please let me know if the account is safe or not due to these leverage issue.

according to myfxbook 'Sector 1 Moderate' equity 99.96% but if i calculate my account equity it's 96.81%

I'm pretty sure it doesn't matter what leverage you put since your not trading yourself it should follow what ever BP33 has as the set leverage

I'm interested in investing in this system but I have one question: for deposits lower than 5000 USD I have to pay the performance fee(20%) + 10 USD monthly or only 10 USD/monthly?

Vengence posted:

fire_kid posted:
BP33, what is the current leverage showing in your account? i think few weeks ago it was 1:200. today i saw it's 1:100 however i changed back it to 1:200, not sure account will follow which leverage, mine or master account.

this is my yesterday daily confirmation e-mail:

Floating P/L: -29.38
Closed Trade P/L: 0.14
Total Credit Facility: 0.00
Deposit/Withdrawal: -7.27
Equity: 892.17
Balance: 921.55
Margin Requirement: 280.51
Available Margin: 611.66

is the available margin is fine? please let me know if the account is safe or not due to these leverage issue.

according to myfxbook 'Sector 1 Moderate' equity 99.96% but if i calculate my account equity it's 96.81%

I'm pretty sure it doesn't matter what leverage you put since your not trading yourself it should follow what ever BP33 has as the set leverage

in that case how equity has so much difference? according to myfxbook Sector 1 Moderator made 3.71% but in my account it made 5.57% however i joined starting of the last month, may be some open trade position was different.

you are making a killing, week after week. Good on you.

Thank you BP33, looking so good so far!

best. every time.

fire_kid posted:

Vengence posted:

fire_kid posted:
BP33, what is the current leverage showing in your account? i think few weeks ago it was 1:200. today i saw it's 1:100 however i changed back it to 1:200, not sure account will follow which leverage, mine or master account.

this is my yesterday daily confirmation e-mail:

Floating P/L: -29.38
Closed Trade P/L: 0.14
Total Credit Facility: 0.00
Deposit/Withdrawal: -7.27
Equity: 892.17
Balance: 921.55
Margin Requirement: 280.51
Available Margin: 611.66

is the available margin is fine? please let me know if the account is safe or not due to these leverage issue.

according to myfxbook 'Sector 1 Moderate' equity 99.96% but if i calculate my account equity it's 96.81%

I'm pretty sure it doesn't matter what leverage you put since your not trading yourself it should follow what ever BP33 has as the set leverage

in that case how equity has so much difference? according to myfxbook Sector 1 Moderator made 3.71% but in my account it made 5.57% however i joined starting of the last month, may be some open trade position was different.

In the long run, the percentages will 'smoothen out'. When you first join, you may go into position at a better or worse (usually better, in rare cases, worse) than Sector Moderate 1 - therefore you maybe making more or less (usually more) than others. Once all your positions from the 'first opening' are closed, your percentage calculations will be the same as those shown on MyFxBook.com.

For those who invested under 5k, are you being charged monthly?

@ISFurlan I joined mid-July and so far I have not been charged. I think we are going to be charged after the first full month.

how can we be down over 8000 pips and still be in the profit can someone please explain this to me

Thanks

lets say you open any sell position at 103.25 every 5~10pips movement you opening double lot. say first step you opened 0.01 lot @ 103.25 , 0.02 @103.30 position and so on. then 104.25 your last open lot site is 0.20 now if market moves 20~30pips in your favor and you close all of your trade, you will end up making some profit but you may see pip down.

most probably bp33 using martingale with some other strategy like which point he should open position. it's just my personal opinion i cannot 100% say he is doing this.

Has anybody else noticed an issue with performance fees this month? My deductions are almost 41% of closed trade profit😲

I'll raise a ticket with PriorFX now but just wondering if anyone else is seeing anomalies. I'm just starting to look back and it appears that every months the amount is highly volatile - certainly not 20%.

no performance fees charged yet from my account

fingery posted:
Has anybody else noticed an issue with performance fees this month? My deductions are almost 41% of closed trade profit😲

I'll raise a ticket with PriorFX now but just wondering if anyone else is seeing anomalies. I'm just starting to look back and it appears that every months the amount is highly volatile - certainly not 20%.

let me know what priorfx say & i hope they refund you the money they owe you if there taking more than 20%

thanks

My deductions are correct so far.

how do you guys checking performance fees? is it this step: Accounts=>Live History=>Select Account=>Deposit/Withdraw?

i don't see any money withdraw in september month. and did they charge 9.99USD if account balance is less than 5000USD?

fingery posted:
Has anybody else noticed an issue with performance fees this month? My deductions are almost 41% of closed trade profit😲

I'll raise a ticket with PriorFX now but just wondering if anyone else is seeing anomalies. I'm just starting to look back and it appears that every months the amount is highly volatile - certainly not 20%.

Performance fees haven't come out this month yet.

Not sure what you're even looking at to be honest.

Raise a ticket with support anyway.