Frero (By wassel2017)
The user has deleted this system.
Frero Discussion
forex_trader_688163
Member Since Feb 28, 2019
140 posts
Nov 20, 2019 at 02:11
Effectburn posted:
All my friends have only a huge drawdown and loss!!!
Are you envy with him bro? 😂
Nov 20, 2019 at 05:21
that's nonsense, I've posted here several times my percent. You only lose money if you do not follow the rules. It must be a serious broker with a lever of at least 1:50 and the lot size must comply with the recommendation.
there are always those who speak bad things, as soon as you ask for evidence they all pull in the tail. many can do better? You ask for evidence, pull in the tail. I see something like this all the time
there are always those who speak bad things, as soon as you ask for evidence they all pull in the tail. many can do better? You ask for evidence, pull in the tail. I see something like this all the time
Nov 20, 2019 at 06:29
Effectburn posted:chihming posted:Effectburn posted:
All my friends have only a huge drawdown and loss!!!
could you show more evidence? tks
The evidence will be provided by a lawyer in court!
And I say what is visible to any trader who at least has a little experience.
Hi @Effectburn ,
You may have a point.
But, every system has a drawdown. And so does this one.
You said loss - but if you look at the system report, it is +16830.1%.
So, what loss are you referring to?
As investors we are open to facts - it helps us.
But what you are saying is not tying up with the report here.
Can you explain what you mean?
Nov 20, 2019 at 06:38
aranciata posted:goode posted:JForex78 posted:only signals.com
Anyone has MyFxBook link to Little Frero?
Signals.com has nothing to do with forex.
Little Frero is not on myfxbook or Signal Start.
The only place I have seen it is at https://www.mql5.com/en/signals/562424.
this little account named ' rectiligne' in signalstart.com
sorry,last time i post the wrong website :)
https://www.signalstart.com/analysis/rectiligne/57206
Nov 20, 2019 at 07:00
goode posted:aranciata posted:goode posted:JForex78 posted:only signals.com
Anyone has MyFxBook link to Little Frero?
Signals.com has nothing to do with forex.
Little Frero is not on myfxbook or Signal Start.
The only place I have seen it is at https://www.mql5.com/en/signals/562424.
this little account named ' rectiligne' in signalstart.com
sorry,last time i post the wrong website :)
https://www.signalstart.com/analysis/rectiligne/57206
what's the difference between 'rectiligne' and 'frero'? tks
Nov 20, 2019 at 07:48
chihming posted:goode posted:aranciata posted:goode posted:JForex78 posted:only signals.com
Anyone has MyFxBook link to Little Frero?
Signals.com has nothing to do with forex.
Little Frero is not on myfxbook or Signal Start.
The only place I have seen it is at https://www.mql5.com/en/signals/562424.
this little account named ' rectiligne' in signalstart.com
sorry,last time i post the wrong website :)
https://www.signalstart.com/analysis/rectiligne/57206
what's the difference between 'rectiligne' and 'frero'? tks
the most time is the same orders,but from last time both account has dd about 50%.
rectiligne account sometimes make some scalper orders(hold the order less time than Frero),so it has less profit and less return……
you can check their history orders.
Member Since Nov 05, 2019
12 posts
Nov 20, 2019 at 08:13
Effectburn posted:chihming posted:Effectburn posted:
All my friends have only a huge drawdown and loss!!!
could you show more evidence? tks
The evidence will be provided by a lawyer in court!
And I say what is visible to any trader who at least has a little experience.
I don't know if you have experience in trading but you definitely have no experience in law ! Copying trade is at your own risk ... I cannot imagine any legal action here ...
Anyway, if your friend crashed their account or had a huge losses, it is only because they didn't read carefully Frero description (0.03 lot per 5,000$) or as just mentioned in a post above because they couldn't cope with the 50%+ DD and they closed manually their trade.
Frero never blow up his account in the past 2 years (you just have to look at history) and the current DD is less than 2% !
Frero is a risky system but so far if your friend would have follow Frero system, they should have made a huge profit ;)
Member Since Nov 05, 2019
12 posts
Nov 20, 2019 at 10:35
@Professional4X
We cannot arguee that there is a 50%+ DD for Frero system.
However, Frero managed not to blow his account over 2 years and he actually made 2,756,000 profit for an inital deposit of 258,000 !
If you have any trade signal making a 968% return over 2 years with a lower DD, I'm happy to have the name of this trade signal (but I seriously doubt it does exist).
Maybe one day it will blow or maybe not !
Taicun was predicting the end of Frero system few weeks ago when trend was going against the numerous open trade... well Frero system just prove that he manage to manage situation even during tough situation as the system made another 340,000 since this 'prediction'.
We cannot arguee that there is a 50%+ DD for Frero system.
However, Frero managed not to blow his account over 2 years and he actually made 2,756,000 profit for an inital deposit of 258,000 !
If you have any trade signal making a 968% return over 2 years with a lower DD, I'm happy to have the name of this trade signal (but I seriously doubt it does exist).
Maybe one day it will blow or maybe not !
Taicun was predicting the end of Frero system few weeks ago when trend was going against the numerous open trade... well Frero system just prove that he manage to manage situation even during tough situation as the system made another 340,000 since this 'prediction'.
Nov 20, 2019 at 11:45
Professional4X posted:chihming posted:Effectburn posted:
All my friends have only a huge drawdown and loss!!!
could you show more evidence? tks
You have the evidence right in front of you. Look at the chart.
This account is not using reasonable risk management and is not protecting their investment capital.
They are putting their entire account at risk of being blown.
In addition the account isn't using any STOPLOSS or TAKEPROFIT targets.
You can see this by simply looking at the trading history.
Funny enough to show several losses in Frero account history. If you win 20 trades and lose 5 trades in one whole trade which has dozens of buys or sells, the loss means nothing at all
Member Since Oct 27, 2016
16 posts
Nov 20, 2019 at 12:48
Effectburn posted:
All my friends have only a huge drawdown and loss!!!
Please don't overtrade. My account doesn't show losses but 2.8M€ net profit.
Few weeks ago we were about to face a no retracement situation (continuous trend against our trades) when eurusd was thought to deeply decrease far below 1.0920 while we've had plenty of open buy trades at relatively high prices. We did practice hedge and we did close a basket of buy trades at loss.
frerosystem@
Nov 20, 2019 at 14:00
Another comment on Professional 4X's chart above (which I will not reproduce again), which shows NO STOP LOSS and NO TAKE PROFIT: As has been mentioned, Frero is traded manually. In addition, many traders believe that some brokers engage in stop loss –hunting, i.e., they momentarily raise or lower the price so they can stop out trades for their own profit. For this reason, these traders do not enter the stop loss in the broker's system.
In addition, not having a rigidly set stop loss allows the trader to evaluate an individual situation. In general, Wassel has said the SL for Frero is a 50% drawdown, but recently he decided NOT to close trades when DD reached 50% and in fact left trades open until DD reached 55%, because his analysis of the situation was that the trades would recover, and they did. If he had set SL with the broker, we would have all lost a lot.
In addition, not having a rigidly set stop loss allows the trader to evaluate an individual situation. In general, Wassel has said the SL for Frero is a 50% drawdown, but recently he decided NOT to close trades when DD reached 50% and in fact left trades open until DD reached 55%, because his analysis of the situation was that the trades would recover, and they did. If he had set SL with the broker, we would have all lost a lot.
Member Since Oct 27, 2016
16 posts
Nov 20, 2019 at 14:35
And if a follower had exactly copied my trades with 50% lot size, then he would have made 1.4M€ with 27% drawdown.
frerosystem@
Member Since Jun 24, 2016
15 posts
Nov 20, 2019 at 16:00
Professional4X posted:A professional who speaks a lot but has nothing to offer.noefekts posted:
I have never seen anyone better than Wassel in public space. It is very rare.
Then you clearly haven't been looking very hard.
Trading with high risk strategies using little to no risk management is NOT a good method of trading and is extremely unprofessional.noefekts posted:
Wassel have shown supreme trading skills even in bad periods.
Only someone who doesn't understand how to properly trade would ever consider trading without risk management.
Show us that you are doing better than Wassel2017.
The criticism is easy but the art is difficult.
Per fas et nefas
Member Since Jan 05, 2016
1189 posts
Nov 20, 2019 at 23:48
Julien1984 posted:
@Professional4X
We cannot arguee that there is a 50%+ DD for Frero system.
The stats for the account clearly show a greater than 50% DD.
Please pay attention.
Attachments:
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Nov 20, 2019 at 23:50
LionelAlien posted:Professional4X posted:A professional who speaks a lot but has nothing to offer.noefekts posted:
I have never seen anyone better than Wassel in public space. It is very rare.
Then you clearly haven't been looking very hard.
Trading with high risk strategies using little to no risk management is NOT a good method of trading and is extremely unprofessional.noefekts posted:
Wassel have shown supreme trading skills even in bad periods.
Only someone who doesn't understand how to properly trade would ever consider trading without risk management.
Show us that you are doing better than Wassel2017.
The criticism is easy but the art is difficult.
😄
Speaks a lot but has nothing to offer?
I'm offering only the truth. You just need to open your eyes and listen to what people are saying.
The facts speaks the truth.
The system is high risk with heavy DD and uses no reasonable risk management, no stoploss.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Nov 20, 2019 at 23:52
aranciata posted:
Another comment on Professional 4X's chart above (which I will not reproduce again), which shows NO STOP LOSS and NO TAKE PROFIT: As has been mentioned, Frero is traded manually. In addition, many traders believe that some brokers engage in stop loss –hunting, i.e., they momentarily raise or lower the price so they can stop out trades for their own profit. For this reason, these traders do not enter the stop loss in the broker's system.
In addition, not having a rigidly set stop loss allows the trader to evaluate an individual situation. In general, Wassel has said the SL for Frero is a 50% drawdown, but recently he decided NOT to close trades when DD reached 50% and in fact left trades open until DD reached 55%, because his analysis of the situation was that the trades would recover, and they did. If he had set SL with the broker, we would have all lost a lot.
The facts speak the truth.
GREATER than 50% DD
No reasonable risk management
No stoploss
50% DD clearly shows there is no reasonable risk management in use.
Attachments:
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Nov 21, 2019 at 00:02
Julien1984 posted:Effectburn posted:chihming posted:Effectburn posted:could you show more evidence? tks
All my friends have only a huge drawdown and loss!!!
The evidence will be provided by a lawyer in court!
And I say what is visible to any trader who at least has a little experience.
I don't know if you have experience in trading but you definitely have no experience in law ! Copying trade is at your own risk ... I cannot imagine any legal action here ...
Anyway, if your friend crashed their account or had a huge losses, it is only because they didn't read carefully Frero description (0.03 lot per 5,000$) or as just mentioned in a post above because they couldn't cope with the 50%+ DD and they closed manually their trade.
Frero never blow up his account in the past 2 years (you just have to look at history) and the current DD is less than 2% !
Frero is a risky system but so far if your friend would have follow Frero system, they should have made a huge profit ;)
Actually..... If the person who provided the signal can be shown to be negligent in their trading such as not using risk management, the can in fact be held liable in court. You cannot simply say 'oh well you knew the risks', and assume that you're legally clear. It's quite the opposite.
I have an attorney on retainer that is our family attorney and this is a discussion we recently had actually.
If negligence can be proven, it's a valid lawsuit.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Nov 21, 2019 at 00:09
wassel2017 posted:
And if a follower had exactly copied my trades with 50% lot size, then he would have made 1.4M€ with 27% drawdown.
54% DD not 27%
Look at your own stats page. It is clear that you have 54% DD not 27%
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Nov 05, 2019
12 posts
Nov 21, 2019 at 09:52
Professional4X posted:wassel2017 posted:
And if a follower had exactly copied my trades with 50% lot size, then he would have made 1.4M€ with 27% drawdown.
54% DD not 27%
Look at your own stats page. It is clear that you have 54% DD not 27%
Wassel is saying that if someone would have copied his signal with only 0.015 lot per $5,000 instead of 0.03 lot per $5,000, this person would have made 1.4M profit with only 27% DD (half of 54%).
Is 27%DD not acceptable neither for you ?
Member Since Nov 05, 2019
12 posts
Nov 21, 2019 at 10:06
Professional4X posted:Julien1984 posted:Effectburn posted:chihming posted:Effectburn posted:could you show more evidence? tks
All my friends have only a huge drawdown and loss!!!
The evidence will be provided by a lawyer in court!
And I say what is visible to any trader who at least has a little experience.
I don't know if you have experience in trading but you definitely have no experience in law ! Copying trade is at your own risk ... I cannot imagine any legal action here ...
Anyway, if your friend crashed their account or had a huge losses, it is only because they didn't read carefully Frero description (0.03 lot per 5,000$) or as just mentioned in a post above because they couldn't cope with the 50%+ DD and they closed manually their trade.
Frero never blow up his account in the past 2 years (you just have to look at history) and the current DD is less than 2% !
Frero is a risky system but so far if your friend would have follow Frero system, they should have made a huge profit ;)
Actually..... If the person who provided the signal can be shown to be negligent in their trading such as not using risk management, the can in fact be held liable in court. You cannot simply say 'oh well you knew the risks', and assume that you're legally clear. It's quite the opposite.
I have an attorney on retainer that is our family attorney and this is a discussion we recently had actually.
If negligence can be proven, it's a valid lawsuit.
If you say so but you know what ... so far, there is no legal action against Frero system because we are all making money thanks to his system !
I'm sure that the people reading about and copying Frero signal know what is the DD. As Frero is not hidding the signal DD, the persons who are copying his signal, are doing it in full knowledge of the cause !
