aranciata's Posts - Page 2

Frero in Trading Systems Nov 05, 2019 at 18:48

The latter is correct: "my account on FXChoice is automatically linked to Wassel account and the performance based on my deposit".You do not need a VPS to participate in the MAM.You follow your account which is connected to the MAM in MT4.

Frero in Trading Systems Nov 05, 2019 at 14:52

I guess you could write to myfxbook or Signal Start or Tickmill and ask whether the data shown for a master MAM account includes the aggregate balance of all the accounts including clients' accounts or just the balance of the trader's account.It is my understanding that the data shown for an account in Signal Start is provided by the broker.In the case of myfxbook, for Frero on the page where account info is shown ( https://www.myfxbook.com/members/wassel2017/frero/2406407 ) above the graph there are check marks indicating "Track record verified" and "Trading privileges ...

Frero in Trading Systems Nov 04, 2019 at 09:50

Waassel answered the above question on Oct 25, when he posted:Dear AllThe Frero account as well as Velocity and little Frero accounts are personal accounts (they are not MAM master accounts), consequently all those accounts' balances are own and personal money.Best So all the money in his Frero account is hi own.

Frero in Trading Systems Oct 24, 2019 at 11:41

I wonder if Taicun closed his own trades as he advised us to.

Frero in Trading Systems Oct 18, 2019 at 18:22

@CuongVC Thanks for your contributions. It's great to hear from someone who has actually run a signal.Just trading for myself, I have had a lot of doubts, e.g., whether to close a trade or let it run. The pressure must be greater when you have followers depending on you to make the right decision.

Frero in Trading Systems Oct 18, 2019 at 14:48

Yes, noefekts, we have been talking a lot about copying and signals in general, exchanging useful information. We found each other because we have something in common—we are all copying Frero—and now that we have found each other, we have broadened the discussion. I really value this group. If people were posting on music or politics, I would agree that would be off-topic for this thread (even though both are of interest to me). But I think the posts on copying and trading in general or even other signals is fine. So far, you are the only one for whom it is a problem. Wassel hasn&#...

Frero in Trading Systems Oct 14, 2019 at 16:24

I'm having trouble following this argument."The benefit is that the broker makes commission when we trade." That is true only if we use the same broker.And what incentive does the broker/trader have for crashing the signal? You point out correctly that the broker/trader is making money from the signal subscription fee. But when the broker/trader purposely crashes the signal, they are likely to lose a lot of subscribers, so they have less income from those fees.

Frero in Trading Systems Oct 13, 2019 at 07:04

I guess it is possible that someone would be so sadistic to make their own signal crash in order to make followers lose all their money, but I doubt it. Have you seen another signal that caused followers to lose virtually all their investment as Maximus did?I hesitate to speculate what is going on in that trader's head. Which goes back to having some communication with the trader. While I wish Wassel would post his view of how things are going more often, at least there is some communication with him, and I believe he is trying his best to bring excellent results.But most traders post only...

HIGH RISK Blackwave Alpine in Trading Systems Oct 13, 2019 at 06:42

I just posted what amounts to a long review of High Risk Blackwave Alpine where another signal is being discussed, so I might as well post it here. I was addressing another trader who had concluded "that followers cannot win in this business in the end. They probably lose most of their capital in a few months." I replied:Take a look at Blackwave Australia on Signal Start [that's the name of this signal on Signal Start]. I have been following for over a year. In that time, the trader, Gary Comey, has never lost on a set or basket of trades. When he opens a trade, if the price move...

Frero in Trading Systems Oct 10, 2019 at 17:11

I just lost 95% of the account I had following Maximus. That trader had 59 consecutive winning trades—no losses at all (at least with what is displayed on Signal Start) until the 60th trade, which was less than 5% loss. After a small win, the trader sold EUR/USD and let the trade go on until closing it with a 95% loss.I agree with tk51 above. I also appreciate that while many of us wish we heard from Wassel more often here, at least we do have the capability to communicate with him. In contrast, there is no way at all to communicate with the Maximus trader, like most on Signal Start.

Frero in Trading Systems Oct 09, 2019 at 15:36

I am concerned about the negative carry trade. It appears to me that it would have been better to sell when there was a small net profit for all the trades or even at points with a smaller net loss. Then, in the meantime, it would have been possible to use the freed-up capital to trade on new conditions, either buying or selling. I think we would be in a better place now. The amount owed in swap fees increases every day, making it harder to get to a place where Wassel can get us out of these trades without some net loss. I can accept a net loss on all the open trades now, since I believe that ...

Frero in Trading Systems Sep 16, 2019 at 03:11

I see that Wassel has posted updated information about the Frero signal, including details about both MAM accounts, on mql5. Not sure why he did not also post it here, where those of us who are subscribed get notified about new posts. In any case, it is at:https://www.mql5.com/en/signals/560178#!tab=tab_description

Frero in Trading Systems Sep 15, 2019 at 15:16

Frero can also be copied on mql5, but the subscription is now the same as on Signal Start: $500/month.I think Wassel is referring to his MAM. He has not said here if he requires a minimum deposit to join his MAM, which I believe is available both on Tickmill and FX Choice.

Frero in Trading Systems Sep 04, 2019 at 13:56

You were right! On my screen the price rose to 1.1023 and then pulled back a little. My unrealized loss is now about one-third what it was at its worst. I'm holding on.

Frero in Trading Systems Sep 01, 2019 at 19:33

I figured out the discrepancy in the number of open trades in my account (47) and the number shown in Signal Start. I didn't miss them—they were closed at a profit on 15 Aug. They're the four open trades which Signal Start shows as opened on 14 Aug. Wassel had placed TP orders at 1.11584 for those four trades. According to MT4, the price at my broker reached exactly 1.11584, so the trades were closed in my account at 14:28 server time on 15 Aug. Evidently, the price did not reach 1.11584 at Wassel's broker (Tickmill), so the trades did not close in his account, and are thus s...

Frero in Trading Systems Aug 30, 2019 at 22:11

Can someone else please tell me how many trades you have open in your account following Frero? Signal Start still shows 51 open trades (when the market closed for the week), and MT4 still shows only 47 open trades in my account. I'm wondering if I missed 4 trades.

Frero in Trading Systems Aug 30, 2019 at 21:52

I agree.

Frero in Trading Systems Aug 30, 2019 at 21:49

CORRECTION: My ratio of lot size to account value is 0.006 lot per 1000 USD balance, which is lower than yours, even after correcting for the difference between EUR and USD. This explains part of the discrepancy between my drawdown and tatr3's. I just keep the multiplier in Signal Start set to 1.0.BTW I just noticed in the blurb on the Frero signal in Signal Start that Wassel posted the following update on 18 Aug: "Leverage is reduced to 1:50. This will not impact anything from followers' end, nor from our end. the lot size opening remain the same, as well as the number of possibl...

Frero in Trading Systems Aug 30, 2019 at 20:10

I think Wassel knows what he is doing. EUR/USD has turned around. Right now MT4 shows the drawdown in my account as 18.9%. I'm sure it was greater earlier, before the price started rising. MT4 says I have 47 trades open; Signal Start shows 51! In any case, we should let Wassel focus on trading. For the returns he delivers, we have to take some risk.

Frero in Trading Systems Aug 30, 2019 at 13:24

One of the first signals I subscribed to would have no activity for 4–6 weeks while the trader went on vacation. Signal Start provides statistics for the signals, and you can also go back in the history to see if this has occurred before you subscribe.

EURUSD	1.05463	GBPUSD	1.26278	AUDUSD	0.64945
USDJPY	153.64	USDCAD	1.40251	USDCHF	0.88355

Posts by aranciata