Discussion Euro Cable EA

Hi Everyone,

Trade copy service is now available from this account. I am only planning to take 10 (ten) people on board for the time being. However there are several criteria to be met:

1. You need to give me full access to your MT4 trading platform to place the trades for you (ie. master password access). Non-MT4 platforms are currently not supported.
2. Your broker needs to allow hedging and the leverage needs to be 1:100 or above. Ideally you should only trade with a reputable broker that has good excuation and minimal requotes/slippage.
3. Minimal capital required is $1000, and the trading lot size will begin at 0.01 lot per $1000. There will be no exception, and this is to make sure that there is plenty of room to avoid a margin call. However you can request to have the lot size increased along with your account balance as long as the 0.01 lot per $1000 requirement is met.
4. Your account will be dedicated to this strategy, and therefore you should not place any other manual trades or run any other EAs on the account. This is also required for calculating the commission (see below)

Once the criteria are met, here are the rules:
1. The trade copy service will begin with a 7-day trial period.
2. At the end of the first week, you can decide whether or not to go ahead with the service.
3. If you decide to continue with the service, you will need to pay 30% commission based on the profit on your account equity (not account balance) at the end of the week, after market close.
4. If your week-ending account equity is lower than the previous week, then you get the service for free the following week, until your week-ending equity is above the previous high.
5. Payments will be made on a weekly basis over the weekends. I will send out a Paypal invoice to you every weekend
 - if you fail to pay before the market open next week then your service will be stopped, as simple as that.

Unfortunately due to the sensitive nature of such service, I will not reveal the detailed strategy of my method. This is to protect the liquity for myself and my clients. Please think carefully before you proceed and understand that all system could fail no matter how good their past results are - and please only trade with money you can afford to lose!

If you are interested please send me a private message, I will get back to you as soon as possible.

kind regards,
Jimmy Huang

Hi Jimmay,

Do you have any live trading record to show?

Thanks,
SIM

Hi SIM,

I have been running this EA along with others on my live account and this is by far the most profitable. Trading at 0.01 lot as the base level it made $73.2 last week, which is equivalent to 7.32% gain on a starting capital of $1000. The maximum drawdown was about 2% although sometimes it could be large than that and that's why I want to emphasis the importance of trading with enough capital.

The reason I am not posting my live account here is because I also have a lot of other trades (manual + other EAs) which do not really represent how well this EA is doing, and as I said above I also advise against trading this strategy with other EAs to avoid over-margining. Therefore I have just started a demo account trading with this EA only. You will be able to follow the live performance from next Monday onwards - then you can make up your own mind about what i say about it. 😄

I am offering this trade copy service because I do not have a lot of capital to trade with, and this will be my way of getting some extra income. 😝 At the same time I do not want my methods to leak out to the public so that's why it's only limited to 10 people at this point and there will be no way that I will release the EA or discuss the strategy in detail in public.

To be honest I did not expect someone already showing interest even before the results are up. I just made the first post in case some people may start to become interested once they see the promising results in the weeks to come. Thank you very much for your interest!

regards,
Jimmy

Hi Jimmy,

Thanks for reply. I will follow your coming demo account.

SIM

Start a real-account and put the money on it. I'm sure, no normal trader send you the 'master password access' when you trade on a demo here.

Good luck with your Idea 😄

Hi fxprofiler,

I am planning to use SignalCopy Local to copy the trades onto my clients' account on my VPS. The demo account will act as the Master terminal to copy the trades from. The reason I am using a demo account for trade copying is because that way I can ensure that the trades being copied are optimal and not affected by slippage/requots/spreads, etc.

However I do understand people will take real account forward tests more seriously. I am planning to have a new live real account set up running exclusively this EA before the end of next week. I will post the link here once it's ready.

regards,
Jimmy

Hi everyone,

I have decided to make this system private. Anyone who wants to view the results will need to ask for an invitation from me.

regards,
Jimmy

Hi,

As all of you can see the EA has been doing well for the past week.

I was trying to set up a real live account last week but I am currently a bit tied up with my funds.

Therefore I am now looking for a volunteer to invest a minimum $1000 of their real money on an account dedicated to this EA.Their broker must allow trading microlots, hedging and leverage of 100:1 or above. Your account will be published here for public viewing and in return you will get my service for free. If you are interested please contact me.

regards,
Jimmy