Pureprofitfx (By forex_trader_194159)
The user has deleted this system.
Pureprofitfx Discussion
Member Since May 04, 2012
1608 posts
Jun 23, 2014 at 07:52
'Our strategy is based on money management and pull backs. See the history and you will understand. We a have maximum 20% risk from our balance.' (copied from your Bio)
The strategy's max. DD was -27% over the past 7 months.
Apparently the stated -20% max. risk has has been already exceeded.
It is time to update the Bio...
P.S. A helpful hint: -27% DD is way beyond any serious investor's risk tolerance.
The strategy's max. DD was -27% over the past 7 months.
Apparently the stated -20% max. risk has has been already exceeded.
It is time to update the Bio...
P.S. A helpful hint: -27% DD is way beyond any serious investor's risk tolerance.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Jun 23, 2014 at 09:42
FxMasterGuru posted:
'Our strategy is based on money management and pull backs. See the history and you will understand. We a have maximum 20% risk from our balance.' (copied from your Bio)
The strategy's max. DD was -27% over the past 7 months.
Apparently the stated -20% max. risk has has been already exceeded.
It is time to update the Bio...
P.S. A helpful hint: -27% DD is way beyond any serious investor's risk tolerance.
Buy smaller than the master account and will reduce the DD items.
It seems a serious system.
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jun 23, 2014 at 10:05
Yes, it has been a mistake and a big one, because of the internet connection and automation which did not had a parameter set, but with all this mistake the max DD was 27%.
The mistake can not be repeated and the recent past has proved that.
Thanks for the remarks
The mistake can not be repeated and the recent past has proved that.
Thanks for the remarks
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jun 23, 2014 at 10:05
And pay attention, the 27% was not lost, that was the equity or the default on the move.
Member Since May 04, 2012
1608 posts
Jun 23, 2014 at 10:12
PureProfitNoRisk posted:
Yes, it has been a mistake and a big one, because of the internet connection and automation which did not had a parameter set, but with all this mistake the max DD was 27%.
The mistake can not be repeated and the recent past has proved that.
Thanks for the remarks
Sounds like a reasonable explanation. I just wonder why don't you use a reliable VPS service where losing internet connection cannot be an issue?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jun 23, 2014 at 10:31
Sounds like a reasonable explanation. I just wonder why don't you use a reliable VPS service where losing internet connection cannot be an issue?
Because I do have a good internet connection, the only way it disconnects right now is in weekends, when I shut down the PC.
Because I do have a good internet connection, the only way it disconnects right now is in weekends, when I shut down the PC.
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jul 07, 2014 at 13:57
Approx. 20% per month,is it suitable for you to pay a signal provider to do so for you?
Recommended balance minimum 1000 USD.
Check me out!😄
Recommended balance minimum 1000 USD.
Check me out!😄
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jul 12, 2014 at 13:29
I have experienced many trading strategies during years of trading for brokers, banks and investment funds.
If you want a steady and reliable one, watch my strategy!
https://www.myfxbook.com/members/PureProfitNoRisk/pureprofitnorisk/942758
It is based on money management with the emotional control included.
I have discovered the only reliable strategies ar those based on good money management.
Shortly, if you have a dumb strategy and you know a simple math and used all the time( emotional management comes in place here) you will make money!
If you want a steady and reliable one, watch my strategy!
https://www.myfxbook.com/members/PureProfitNoRisk/pureprofitnorisk/942758
It is based on money management with the emotional control included.
I have discovered the only reliable strategies ar those based on good money management.
Shortly, if you have a dumb strategy and you know a simple math and used all the time( emotional management comes in place here) you will make money!
forex_trader_43716
Member Since Aug 06, 2011
345 posts
Jul 12, 2014 at 23:20
PureProfitNoRisk posted:
I have experienced many trading strategies during years of trading for brokers, banks and investment funds.
If you want a steady and reliable one, watch my strategy!
https://www.myfxbook.com/members/PureProfitNoRisk/pureprofitnorisk/942758
It is based on money management with the emotional control included.
I have discovered the only reliable strategies ar those based on good money management.
Shortly, if you have a dumb strategy and you know a simple math and used all the time( emotional management comes in place here) you will make money!
I absolutely agree with this. Good money management and a below average trading strategy will almost always out-perform a good trading strategy with poor money management. 😎
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jul 30, 2014 at 06:46
I've always been patient about this. I know how it is, I have my own money in stake.
Member Since Apr 25, 2013
107 posts
Jul 30, 2014 at 16:37
@Clopma:
It is not the job of the trader/signal provider, to look after those details. It is a job for the subscriber 😉
It is not the job of the trader/signal provider, to look after those details. It is a job for the subscriber 😉
Clopma posted:
It will be a disaster for those who do not have hedging privileges with their broker. That is the only way the account can safely be salvaged given the current entrenchment (DD).
Patience, focus and self-control to win the game with diligence.
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 30, 2014 at 16:37
Can you explain to me about the
Gain:+413.4%
Abs. Gain:+99.68%
Those number is different means :
1- you withdraw fund from account .
2- you keep deposit more fund every time has big DD to make DD lower .
I dont see the withdraw at all so that means you keep deposit more fund each time bid DD to make DD lower ?
if that case would be bad for followers because most of followers dont have extra fund to rescues the DD that can cause blowup accounts .
Please explain why you keep deposit fund over times and why the 2 number above so much different .
(normally the best account should have 2 number the same except withdraw the fund ).
Thanks for the reply .
Gain:+413.4%
Abs. Gain:+99.68%
Those number is different means :
1- you withdraw fund from account .
2- you keep deposit more fund every time has big DD to make DD lower .
I dont see the withdraw at all so that means you keep deposit more fund each time bid DD to make DD lower ?
if that case would be bad for followers because most of followers dont have extra fund to rescues the DD that can cause blowup accounts .
Please explain why you keep deposit fund over times and why the 2 number above so much different .
(normally the best account should have 2 number the same except withdraw the fund ).
Thanks for the reply .
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 30, 2014 at 16:43
Clopma posted:
It will be a disaster for those who do not have hedging privileges with their broker. That is the only way the account can safely be salvaged given the current entrenchment (DD).
Hedging is much smarter than close stop loss because it will slowly release the loss overtime .It will be much better for new followers and keep the record clean .
For example you have 10 positions open and you have to SL close all those positions stop loss 10% instead of doing that you just hedge 10 positions and slowly close -1% each time over may 1 month so every few days you lose about -1% .
That is perfect solution and at the end of the month you still have + . and good for new followers .
Smart traders do that all the times .
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 30, 2014 at 16:50
ahuruglica posted:NO signal provider should deposit more fund to account when you have big DD at all .
@vinabao
There were new deposits on the account that is why absolute gain is lower.
99% of followers dont have extra fund to deposit to rescues account .
If SP keep deposit more fund to make DD number small than it is big NO NO .
Hope he would never do that .
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Jul 30, 2014 at 16:59
(edited Jul 30, 2014 at 17:00)
I agree with you.
I've seen enough traders do that, almost most of them after a while run dry of new funds. With each deposit more funds are required to cover the DD.
It is up to investors to do a bit of research before trusting their money to someone else.
I've seen enough traders do that, almost most of them after a while run dry of new funds. With each deposit more funds are required to cover the DD.
It is up to investors to do a bit of research before trusting their money to someone else.
Jul 30, 2014 at 19:48
three account that i followed this signal. two account buy 1 lot and sell one 1 lot need $0,but the other need half of margin.i hope Gabriel Urse can do his best to close all order in profit or a small loss.
now there are too many orders and used too many margin.luckly,he will hedging.😄
now there are too many orders and used too many margin.luckly,he will hedging.😄
