EUR-FOREX Managed (By forex_trader_41285)
The user has deleted this system.
EUR-FOREX Managed Discussion
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Oct 21, 2011 at 08:28
Yes, every few minutes it updates live.
Deduct 30% for performance fee.
Spreads are same if you were retail client.(self trading)
In FXCC commission we have rolled into spread.(So instead of paying 1pip broker commission, spread is 1pip wider, nett cost same to client.)
Deduct 30% for performance fee.
Spreads are same if you were retail client.(self trading)
In FXCC commission we have rolled into spread.(So instead of paying 1pip broker commission, spread is 1pip wider, nett cost same to client.)
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Oct 24, 2011 at 07:20
We only started to use MT4 for live account since September,
We keep track record going on demo.
We copy the trades from this master to our live slave MT4 accounts. You get same performance.
We keep track record going on demo.
We copy the trades from this master to our live slave MT4 accounts. You get same performance.
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Oct 24, 2011 at 13:32
This is not signals service.
You need to open managed account: https://eur-forex.com/openanaccount.html
Start with $1,000.
From November 1st it will be $2,000.
From December 1st it will be $5,000 minimum balance.
You need to open managed account: https://eur-forex.com/openanaccount.html
Start with $1,000.
From November 1st it will be $2,000.
From December 1st it will be $5,000 minimum balance.
Oct 28, 2011 at 12:18
eurforex posted:
This is not signals service.
You need to open managed account: https://eur-forex.com/openanaccount.html
Start with $1,000.
From November 1st it will be $2,000.
From December 1st it will be $5,000 minimum balance.
It's Oct 28th and the website is saying minimum $2000 as of now, is this correct?
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Oct 28, 2011 at 14:10
Hi,
If you register account before November 1st we accept $1,000.
Account opened November 1st and after will require $2,000.
December 1st onwards is $5,000.
Clients beginning to see value of our account so we are gaining much business, balance increase to maintain high client service.
If you register account before November 1st we accept $1,000.
Account opened November 1st and after will require $2,000.
December 1st onwards is $5,000.
Clients beginning to see value of our account so we are gaining much business, balance increase to maintain high client service.
Nov 03, 2011 at 13:45
They should show the live account no matter when it started and run it alongside demo if only to prove a point as after all, this is forex, the 'horse racing tipster service of the 21st century' and results really do need to be set in concrete.
However, I started a 1k account with FXCC with EUR Forex on midday Monday and I can state that the demo does mirror the live trades. I did this as I though that if it does diverge a lot from demo then it will be apparent very quickly and I'll pull the plug.
Only proviso is that, as they say above, there is a 1-2 pip difference due to spread/commission but with that said I've had a couple where I did a little better presumably due to rapid price change but overall probably will lose 1-2 pips per trade long term vs the traders account.
Overall so far pretty impressed, some scary retraces and the average losses are quite high but I guess that is the way of it and as long as they can keep the high win % up then it will work well. Overall they have balls of steel, I'd not be able to trade like this even if it was a signals service! I will see how it goes this month i.e., they don't suddenly suffer an 'amazing' lack of form 'first time ever' but if it keeps in with the form shown to date then I'll be adding more funds.
However, I started a 1k account with FXCC with EUR Forex on midday Monday and I can state that the demo does mirror the live trades. I did this as I though that if it does diverge a lot from demo then it will be apparent very quickly and I'll pull the plug.
Only proviso is that, as they say above, there is a 1-2 pip difference due to spread/commission but with that said I've had a couple where I did a little better presumably due to rapid price change but overall probably will lose 1-2 pips per trade long term vs the traders account.
Overall so far pretty impressed, some scary retraces and the average losses are quite high but I guess that is the way of it and as long as they can keep the high win % up then it will work well. Overall they have balls of steel, I'd not be able to trade like this even if it was a signals service! I will see how it goes this month i.e., they don't suddenly suffer an 'amazing' lack of form 'first time ever' but if it keeps in with the form shown to date then I'll be adding more funds.
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Nov 03, 2011 at 15:26
Hi,
FXCC MT4 MAM does not map into myfxbook. MAM are not like typical MT4 account.
Regarding holding retracements, we use leverage around 2:1 (marginally higher). Markets are edgy currently.
Maximum stop loss 200pips representing 4-5% loss.
This clearly demonstrate effectiveness of low leverage.
FXCC MT4 MAM does not map into myfxbook. MAM are not like typical MT4 account.
Regarding holding retracements, we use leverage around 2:1 (marginally higher). Markets are edgy currently.
Maximum stop loss 200pips representing 4-5% loss.
This clearly demonstrate effectiveness of low leverage.
Member Since Mar 27, 2011
36 posts
Nov 04, 2011 at 10:23
No luck, I opened an account 2 days ago and just got 5 consecutives loss trades ! - 8 %
Will see if it recover it this month ! :-(
I must believe !
Will see if it recover it this month ! :-(
I must believe !
Nov 04, 2011 at 10:33
Yeh, they're getting steamed, wonder if the office cleaner got left in charge. On the chart this looks to be the worst run to date, can't believe that I always seem to get into these things just as they have their worst period ever, reminds me of the old horse racing tip services, great results until you join and then kaboom! Started with 1009, went up to 1054 and now down to 958 with one open trade in losing territory, given that it's NFP day that could go anywhere. Oh well, will give it a month and then see or if half the fund gets lost pull it then.
forex_trader_41285
Member Since Jul 08, 2011
23 posts
Nov 04, 2011 at 10:43
Hi,
Peak to valley DD is 12.5%
In Sep 28 we had 7.8% Peak to Valley DD
In August 10 we had 7.2% DD
In July 26 we had 13.8% DD
Please judge us at month end.
Peak to valley DD is 12.5%
In Sep 28 we had 7.8% Peak to Valley DD
In August 10 we had 7.2% DD
In July 26 we had 13.8% DD
Please judge us at month end.
Member Since Mar 27, 2011
36 posts
Nov 04, 2011 at 10:49
Of course, we'll do.
Your results seems to be very good. But it's quite upseting to enter just when it goes bad...
it's trading ! it can't be a straight line !!!
I will sleep a week and come back ;-)
Your results seems to be very good. But it's quite upseting to enter just when it goes bad...
it's trading ! it can't be a straight line !!!
I will sleep a week and come back ;-)
Nov 04, 2011 at 10:53
LOL, so true, I did think when I set the account up 'bet we start with a losing streak' actually didn't and was up about 200 points on day 1 so thought, wow this is astounding and then back down to earth with a bump. But you are right of course, it's not a straight line and drawdowns happen. At the moment especially hard with the situation in Europe making it whipsaw so much.
Maybe a fishing trip for a week with no online access! 😄
Maybe a fishing trip for a week with no online access! 😄
Member Since Mar 27, 2011
36 posts
Nov 04, 2011 at 11:07
Well
I think they are really good.
What I can say is that he demo account is the exact replic of what I've got on my live account !
So just have a look : it's what we get at the moment !
Then we'll wait and see ! 😑
I think they are really good.
What I can say is that he demo account is the exact replic of what I've got on my live account !
So just have a look : it's what we get at the moment !
Then we'll wait and see ! 😑
