20-40% performance fee (with high watermark) for Forex traders

Aug 24, 2011 at 20:55
Vues 40,371
472 Replies
Membre depuis Jul 29, 2013   posts 13
Jul 31, 2013 at 08:10
Private Message sent
1000 pips a day will keep the Doctor away
Membre depuis Dec 31, 2012   posts 29
Jul 31, 2013 at 12:43
try forex hedging strategy! maybe profit not big, but at lest DD are not to scarry
Dear all Trader! Good night and sleep well ;)
Membre depuis Jul 17, 2012   posts 275
Jul 31, 2013 at 13:24
Hmm... I will look into it and see if I can make an EA out of it 😎
Past experience usually helps present self
Membre depuis Apr 29, 2012   posts 26
Aug 18, 2013 at 10:59
My PAMM continues to perform pretty well. Its a little choppy in the history because the risk setting was pretty high but now that its back at a new high the risk has been adjusted to a max drawdown of only 15% with a monthly target of 15% +.

You can view it at www.myfxbook.com/members/hundy1987/trend-scalper/486269

You can invest at https://alpari-forex.com/en/investor/pamm4/pamm_account/info/219817/
Simple Consistency
Membre depuis Nov 25, 2012   posts 26
Aug 18, 2013 at 18:05
NextLevelForex posted:
Hi everyone,

If you are interested in trading other people’s money, please post details about your results here.
A verified real money account on myfxbook would be good, but not absolutely required at this point.
Please compile results and extract some statistics for posting them here. Specifically I'm interested in:

1) how long have you been trading for, any methods or systems
2) how many trades / month does your current system generate
3a) what is the maximum trade duration for the last 100 trades
3b) what is the average trade duration for the last 100 trades
4) what is the average pip/trade over the last 100 trades
5a) what is the Pips Expectancy of your current method
5b) what is the Expectancy Ratio of your current method

We have Live Verified Performances for our Price Action Ea. We use no custom indicators in forex but price action principles we created and we outperform trading EUR/USD https://www.myfxbook.com/members/fxsignalspoint/fxlionv2/639856
https://www.myfxbook.com/members/fxsignalspoint/fxlionea/613155

Pips Expectancy = ( Average Pips Win * Winning Trades % + Average Pips Loss * Losing Trades % ) / 100
Expectancy Ratio = Pips Expectancy / Average Pips Loss

Thank you for your interest!

Remus
Forex Signals Point (FSP) :Trading For Living Is A Hidden Treasure , we dare to uncover the treasure for profits
autoprofit
forex_trader_83814
Membre depuis Jul 09, 2012   posts 22
Aug 18, 2013 at 20:29
Membre depuis Aug 16, 2013   posts 10
Aug 19, 2013 at 10:32
autoprofit posted:
Suggest that the trading system
https://www.myfxbook.com/members/autoprofit/sta-for-profit/489167

I am impressed by your trading performance.
Membre depuis Aug 16, 2013   posts 10
Aug 19, 2013 at 10:32
There are too many excellent traders in myfxbook.
Membre depuis Dec 31, 2012   posts 29
Aug 20, 2013 at 08:14
if DD level reach 50% no matter how much percent they get, soon or later it can blow all account.

anyway I am not trying to troll, I am just saying based my previous experiences. sory if I hurt someone feeling
Dear all Trader! Good night and sleep well ;)
Membre depuis May 29, 2013   posts 4
Aug 29, 2013 at 15:27
Hello Remus,

I have a trading system that is being launched at the moment. Please take a look at the website:
https://www.theindextrader.com
for more information about the system. Please take a look at the 'performance' page as well, which give 10 year backtests, as well as 3 years live trading.

Let me know if you wish to chat further.

A word of warning regarding the system posted by Manzhula Vladimir - this system has a massive equity drawdown - the trading style is based on not closing losing trades - it is probably a type of grid trader, which is in my opinion very dangerous.

I look forward to hearing back from you.

regards,
Antony

 
Membre depuis Oct 26, 2009   posts 49
Sep 03, 2013 at 02:12
Hello guys,

I just want to share with you the latest results of a test with some final testing settings on my EA.

I've increased the risk dramatically to see how far he can manage with small accounts as $3000... he was designed to get 10% monthly with less than 5% drawdown on accounts not smaller than 30k so this is a huge test to make some final adjustments...

I am impressed with the results and lets see how far it goes because the faster the account is growing the risk is being reduced in the same scale....

Here is the link:
https://www.myfxbook.com/members/bfe00325/forexfarmer-whiterock-fx-3000/665133

I hope you like it and lets see if maybe you guys can help me doing the final adjustments...

Regards

Pedro Grilo

note: this is a scalper with very stricted rules and just based on pure math!
Membre depuis May 23, 2013   posts 2
Sep 06, 2013 at 09:55
I presently have 5 clients, i offer 13% in 5weeks...serious minds can contact me so i give you traders id
Membre depuis Apr 25, 2011   posts 262
Sep 06, 2013 at 15:26
TheIndexTrader posted:
Hello Remus,

I have a trading system that is being launched at the moment. Please take a look at the website:
https://www.theindextrader.com
for more information about the system. Please take a look at the 'performance' page as well, which give 10 year backtests, as well as 3 years live trading.

Let me know if you wish to chat further.

A word of warning regarding the system posted by Manzhula Vladimir - this system has a massive equity drawdown - the trading style is based on not closing losing trades - it is probably a type of grid trader, which is in my opinion very dangerous.

I look forward to hearing back from you.

regards,
Antony

 

Thanks for your message Antony!

I see that one of your accounts is listed as real (https://www.myfxbook.com/statements/634437/statement.pdf). The graph looks good, but it trades indexes that are not available in some on my accounts. Do you happen to have something that trades Forex?
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membre depuis Apr 25, 2011   posts 262
Sep 06, 2013 at 15:28
banies123 posted:
I presently have 5 clients, i offer 13% in 5weeks...serious minds can contact me so i give you traders id

Would that be a 13% loss? Or are you saying you guarantee 13% profit every 5 weeks?
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membre depuis Apr 25, 2011   posts 262
Sep 06, 2013 at 15:35
bfe00325 posted:
Hello guys,

I just want to share with you the latest results of a test with some final testing settings on my EA.

I've increased the risk dramatically to see how far he can manage with small accounts as $3000... he was designed to get 10% monthly with less than 5% drawdown on accounts not smaller than 30k so this is a huge test to make some final adjustments...

I am impressed with the results and lets see how far it goes because the faster the account is growing the risk is being reduced in the same scale....

Here is the link:
https://www.myfxbook.com/members/bfe00325/forexfarmer-whiterock-fx-3000/665133

I hope you like it and lets see if maybe you guys can help me doing the final adjustments...

Regards

Pedro Grilo

note: this is a scalper with very stricted rules and just based on pure math!

Sorry Pedro, scalper or not, the negative pips expectancy immediately disqualifies the system for my needs (it very likely means Martingale of some form is involved; if not that, than you are using disproportionate lot sizes for different pairs). I should have not even looked further, but I noticed the SL values being around 1000 pips, and that would disqualify it as well, even in the absence of Martingale.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membre depuis Oct 26, 2009   posts 49
Sep 06, 2013 at 15:56 (édité Sep 06, 2013 at 15:58)
Well Remus, you should not believe on everything you see... the results shows the real thing and each value that you are able to see have a purpose... by far this will be one of the best systems that you ever saw in the last years and it's not available for sale or everything else... and i am not trading for everyone also... at least not in the next months... to earn money today in forex markets there aren't strategies, or trends, or everything you like to glue into charts that could predict where money goes... the real thing is to trick the markets like the markets trick us and this is the solution... martingale or not, 1000 pips stops loss at eye... but at the end the gain acquired, the monthly profit made is what counts... soon i will add a real account to show exactly what i mean... and listen, your opinion is a valid one, for sure, but dont put all systems on the same bag cos there are a few that can really make a diference.... and to finish my comment, read again the the second line of my previous msg but read it slowly and relaxed... that could make the diference to your previous analisys... cheers m8!
Membre depuis Jul 22, 2013   posts 216
Sep 06, 2013 at 18:15
Best fixations on mt4 acc.

Fichiers joints:

SNF-Complex system - build in 2007 \ Tested from 1970.
Membre depuis Jul 22, 2013   posts 216
Sep 06, 2013 at 18:15
Best fixations on mt5 acc.

Fichiers joints:

SNF-Complex system - build in 2007 \ Tested from 1970.
Membre depuis May 17, 2012   posts 221
Sep 06, 2013 at 22:02 (édité Sep 06, 2013 at 22:07)
I think demo accounts don't qualify Michael, and screen shots certainly don't because they can by touched up in photoshop. Also account statements are saved in html format and as such can be changed in an editor to suit before a screenshot is made... sorry mate.

If it is your real account then you need to verify with privaliges.
Wait for the trade to come to you... be patient.
Membre depuis Apr 25, 2011   posts 262
Sep 06, 2013 at 23:43
bfe00325 posted:
Well Remus, you should not believe on everything you see... the results shows the real thing and each value that you are able to see have a purpose... by far this will be one of the best systems that you ever saw in the last years and it's not available for sale or everything else... and i am not trading for everyone also... at least not in the next months... to earn money today in forex markets there aren't strategies, or trends, or everything you like to glue into charts that could predict where money goes... the real thing is to trick the markets like the markets trick us and this is the solution... martingale or not, 1000 pips stops loss at eye... but at the end the gain acquired, the monthly profit made is what counts... soon i will add a real account to show exactly what i mean... and listen, your opinion is a valid one, for sure, but dont put all systems on the same bag cos there are a few that can really make a diference.... and to finish my comment, read again the the second line of my previous msg but read it slowly and relaxed... that could make the diference to your previous analisys... cheers m8!

Ok, we certainly don't have the same preferences, and that's fine, they don't need to be. Yes, monthly profit counts, but you'll find that for many people (myself included) it also counts the way to get there. If you risk 1,000 pips to make 10, you can claim your system wins 99% of the time, and maybe that will impress some newbies, but in fact you will be just be breaking even doing that.

Since you are so sure that your system is (or will soon be) so much better than others out there, let's see a real money account, showing your level of trust (and please no cent accounts). Let the system run for a while, to see how it deals with various market conditions; the history you build will be one piece of the puzzle that will help you get investors / clients, if so desire.

And since you said 'martingale or not', let me expand on that topic: maybe it does not matter for you, but for anyone interested in investing, rather than gambling, it's surely an important point. The bigger the account, the less room you have for surprises like 'oops, I did not think it ca go so much against me' or 'but the backtesting showed no SLs in 10 years'. Let's take for example your recent trades, closed today:

09.05.2013 16:06 09.06.2013 16:46 EURUSD Buy -1000.00 134.50 1.31336 1.31686 35.0 121.44 1d 2.69%
08.27.2013 17:22 09.06.2013 16:46 EURUSD Buy -1180.70 116.40 1.33845 1.31683 -216.2 -23.65 9d -0.52%

You made 2.69% with 35.0 pips, and lost 0.52% with -216.2 pips. Simple math shows us that for the trade that won 35.0 pips you used a lot size 32 times higher than for the other one. Like one trade was 0.01 and the other was 0.32 lots. That's no longer Martingale in my book, but Extreme Martingale (aka Crazy Martingale). So good luck with your strategy, now I know for sure I don't care even about a live account.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
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