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Sector Capital 1 - PriorFX
in
Trading Systems
Oct 17, 2016 at 09:54
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 ...
Sector Capital 1 - PriorFX
in
Trading Systems
Oct 16, 2016 at 06:43
Actually, with a very similar system a 5% per month can be very easily generated with maximum 10% drawdown absolutely safely where as this trader uses a 45% protection to target 5% per month. In this system, almost every day was getting closed in a small net profit consistently everyday and I think that's why investors got interested in the system even though the trader uses a 45% protection with 5% monthly because the chances of hitting the equity protection are very rare. However, it can be done with higher targets or less equity protection.With 40% protection at least 15% to 20% per mon...
GPS Robot FxChoice 100k
in
Trading Systems
Oct 16, 2016 at 06:09
Pip expectancy of this bot is 0.8 pips which shows that it may fail in other brokers or it may be spread sensitive. But regarding Fxchoice broker, though I don't trade in FXChoice now, but I have account with them. I didn't find anything wrong with that broker when I was trading before few months. Only thing is that their spreads are relatively high as compared to other brokers. Hence, I quit trading from them.I don't know if they have started manipulating something in their price feed or something else recently. But this robot is there for quite long time which I see.
DealCancellation by easyMarkets
in
Experienced Traders
Oct 14, 2016 at 06:28
The logic is very simple. 90% of the traders loose money in the market and hence, they will not send any deal cancellation orders to the inter-bank and hence, almost no risk of loss from their pocket.In return, they will get huge amount commissions for each and every trade for both profitable and non profitable. So paying few profitable trades from that huge commissions will not be a big deal for them.
DealCancellation by easyMarkets
in
Experienced Traders
Oct 14, 2016 at 06:24
This deal cancellation feature actually looks very attractive on the surface the way it has been presented on the broker's website. If there is actually any catch that can be known only after trying it and trading it for sometime using this feature.
DealCancellation by easyMarkets
in
Experienced Traders
Oct 13, 2016 at 12:58
it might be just a new marketing trick from the broker to just get attention from a lot of trader to join them and after that they will change their terms for deal cancellation or simply will increase the fees to very high so that it will be useless to use that feature
Sector Capital 1 - PriorFX
in
Trading Systems
Oct 13, 2016 at 11:31
Exactly. Have anyone noticed why the monthly returns reduced in priorfx !! Because the spreads were high in priorfx and the trader was getting that extra mark up spread as affiliate commission for each and every trade executed.Let us pay attention to the performance closely. You can see that the trader was targeting around 10000 pips or more per month with a monthly return of 5% approximately with a 45% equity protection. So for 45% hit, it will require a drawdown of 100000 pips or more approximately which is not easy to hit in one day or in one pair even if you just place trades randomly, bec...
Sector Capital 1 - PriorFX
in
Trading Systems
Oct 13, 2016 at 07:43
Actually there is no reason for the trader to move from broker to broker when he is trading with such a large volume of funds. Simple solution will be choosing a FIX API account and trading from fix account.A fix account from any well regulated broker can solve 99% of issues like orders not getting filled, execution delays etc. Apart from that with such a high frequency strategy I am sure the trader would have got at least double the monthly return in fix account as compared to the trading results in mt4 account since both the spreads and executions will be perfect in fix api account.
Is it legal for U.S. residents to manage PAMM accounts?
in
General
Oct 13, 2016 at 06:53
FxChoice
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