BPGE (PAMM account) (bei forex_trader_100568)
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BPGE (PAMM account) Diskussion
Mar 17, 2016 at 08:54
Mitglied seit Feb 05, 2014
9 Posts
Why are you so aggressive ?- I am one of your serious clients at Hotforex and you surely want more clients to join you - with your attitude you will loose clients - chill and behave yourself by giving normal business answers. If the draw down was 38%, all you can say is that it was so, but that you have change your risk and that can be seen through the last 18 months or so or you can tell me that I can go to hell if you rather like to answer your clients that why.
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
Mar 17, 2016 at 09:34
Mitglied seit Nov 25, 2012
121 Posts
You are looking at stats given to you by an independent website, and you are still asking the trader?
I could tell you it was 5% and you would just believe me? No, I didn't think so. You might be really lazy but you are not stupid.
The stats are there for a reason. If I told you it was less than 10%, you have absolutely zero reason to believe that.
Seeing as it's somehow impossible for you to ask myfxbook why their website seems to be having an issue, it's just safer for you to just pick the higher value anyway regardless of what it actually is or what *anybody* tells you.
What I will tell you though, is that there will be occasions where it will go over 40% and that is still well within specifications.
I could tell you it was 5% and you would just believe me? No, I didn't think so. You might be really lazy but you are not stupid.
The stats are there for a reason. If I told you it was less than 10%, you have absolutely zero reason to believe that.
Seeing as it's somehow impossible for you to ask myfxbook why their website seems to be having an issue, it's just safer for you to just pick the higher value anyway regardless of what it actually is or what *anybody* tells you.
What I will tell you though, is that there will be occasions where it will go over 40% and that is still well within specifications.
Mar 17, 2016 at 10:49
Mitglied seit Oct 30, 2013
27 Posts
With the negative reviews about HOT-FOREX on different sites, i had my doubt about them b4 joining.
I knew it would get to a point where the broker would start to tamper with executions( more like a dealing desk broker).
i think a true ECN broker would be preferred at this point..
@BP33 if i am to understand u clearly do u mean there are times/occasions where the Actual/Real Drawdown would be above 40% ??
I knew it would get to a point where the broker would start to tamper with executions( more like a dealing desk broker).
i think a true ECN broker would be preferred at this point..
@BP33 if i am to understand u clearly do u mean there are times/occasions where the Actual/Real Drawdown would be above 40% ??
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
Mar 17, 2016 at 10:58
Mitglied seit Nov 25, 2012
121 Posts
Hotforex are supposed to be an STP/DMA broker. However, it is clear that they are not and their choice of liquidity providers leaves a lot to be desired as well.
Unfortunately most reviews are just worthless and are often made by bad traders having a whinge. Makes it very hard to tell which review actually has merit.
@tomazxyn Yep, that's exactly what I'm saying.
Unfortunately most reviews are just worthless and are often made by bad traders having a whinge. Makes it very hard to tell which review actually has merit.
@tomazxyn Yep, that's exactly what I'm saying.
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
Mar 17, 2016 at 11:57
Mitglied seit Nov 25, 2012
121 Posts
Any open trades will be closed normally, then no new ones will be opened.
Withdrawals are of course up to each investors own preference but it's probably easier to wait until all open trades are closed so only have to put in one withdrawal request.
Withdrawals are of course up to each investors own preference but it's probably easier to wait until all open trades are closed so only have to put in one withdrawal request.
Mitglied seit Feb 12, 2016
52 Posts
Mitglied seit Feb 24, 2016
11 Posts
Mar 17, 2016 at 15:22
Mitglied seit Feb 24, 2016
11 Posts
Hi there,
I notice that you have suddenly about 400 open positions!?!?
Is your plan to let them all close normally - in positive? This seems a very large amount all of a sudden!
Why are you suddenly leaving HF?? 3 weeks ago you were very happy!?
BR,
Patrick
I notice that you have suddenly about 400 open positions!?!?
Is your plan to let them all close normally - in positive? This seems a very large amount all of a sudden!
Why are you suddenly leaving HF?? 3 weeks ago you were very happy!?
BR,
Patrick
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
Mar 17, 2016 at 20:00
Mitglied seit Nov 25, 2012
121 Posts
@patrickdrew nothing unusual or sudden about that at all, is perfectly standard for this strategy. As mentioned, Hotforex have been caught doing dodgy things. No issues prior to this but that is just unacceptable.
As mentioned previously, will post in here when ready to go at a new broker.
As mentioned previously, will post in here when ready to go at a new broker.
Mar 18, 2016 at 07:46
Mitglied seit Nov 06, 2015
91 Posts
IMHO you should never have announced the change in broker having such an amount of open positions with hotforex.
Unfortunately I do not believe you will recover from the DD this time. I hope to be wrong because I have money in the PAMM.
Unfortunately I do not believe you will recover from the DD this time. I hope to be wrong because I have money in the PAMM.
forex_trader_100568
Mitglied seit Nov 25, 2012
121 Posts
Mar 18, 2016 at 07:54
Mitglied seit Nov 25, 2012
121 Posts
Some perspective for you, Pablo... the drawdown is fully expected as a normal part of the strategy so there's nothing to 'recover' from :)
Just in case there's any confusion:
The 20th is the date where no new investors are permitted, not the moving date.
Absolutely not moving until current open trades are closed.
Once they are, moving some time soon after that but no new trades will be opened in the mean time.
I'll advise once all trades are closed and will advise again once new setup is in place.
Just in case there's any confusion:
The 20th is the date where no new investors are permitted, not the moving date.
Absolutely not moving until current open trades are closed.
Once they are, moving some time soon after that but no new trades will be opened in the mean time.
I'll advise once all trades are closed and will advise again once new setup is in place.
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