LUX (By MarcellusLux)
| Gain : | +33148.17% |
| Drawdown | 13.78% |
| Pips: | 16679.7 |
| Trades | 558 |
| Won: |
|
| Lost: |
|
| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Unknown |
LUX Discussion
Member Since May 19, 2020
438 posts
Dec 04, 2023 at 10:37
Raven1209 posted:LUX performs quite well during volatile movements, since it is based on working with probable movement options. At the moment, the disadvantage that I am working on is false breakouts and instant pullbacks. These are quite complex trading moments that are difficult to track and predict. But at the moment, I know how to protect the system from losses during high volatility and watching the trading results this year, my ideas are working.
What result does your trading system show on news events with high volatility?
@Marcellus8610
Member Since May 19, 2020
438 posts
Dec 04, 2023 at 10:51
Raven1209 posted:I use an algorithm to calculate probabilities adjusted according to news analysis. But even after calculating the probability of a false breakout or rollback on news releases, the problem is to properly set up risk management. At the moment, I have managed to develop a stable system for working with stop losses and I am working to make earnings in a volatile market more stable. But I can admit that such trading is not the basis for my income. If I see an increased probability of losses, most likely I will just take a break from trading.
Algorithms may misjudge market behavior, leading to unnecessary trades and loss of funds. How do you deal with this in your system?
@Marcellus8610
Member Since Aug 19, 2022
71 posts
Jan 03 at 12:32
Building a stable system for managing stop losses is a significant achievement especially in a volatile market. Your decision to step back when the risk of losses is high is a prudent approach to risk management showcasing a thoughtful and disciplined trading strategy. Is there an algorithm in place for exiting the market when risks increase or is this something that needs to be done manually?
Member Since May 19, 2020
438 posts
Jan 25 at 10:29
Michel_Dubois posted:Thanks. I have several developed algorithms that allow me to timely assess the possible risk and make a decision to exit the market. So I collect data and process it manually.
Building a stable system for managing stop losses is a significant achievement especially in a volatile market. Your decision to step back when the risk of losses is high is a prudent approach to risk management showcasing a thoughtful and disciplined trading strategy. Is there an algorithm in place for exiting the market when risks increase or is this something that needs to be done manually?
@Marcellus8610
Member Since May 19, 2020
438 posts
Jan 25 at 10:31
Alfiani posted:The LUX trading system is a system of several algorithms that I have developed, but trading is manual.
Work with 100% ea?
@Marcellus8610
Member Since May 19, 2020
438 posts
Jan 29 at 12:29
kondoboy posted:Thank you.MarcellusLux posted:Congrats on the drawdown.Alfiani posted:The LUX trading system is a system of several algorithms that I have developed, but trading is manual.
Work with 100% ea?
Are you currently funded by a prop firm ?
No, I am not funded by prop firm.
This is a pamm account, contact [email protected] to get more information.
@Marcellus8610
Member Since May 19, 2020
438 posts
Feb 02 at 04:41
Let's summarize the results of the first trading month of 2024.
6 trades and all of them are sell.
5 of 6 trades were profitable (83%).
The account growth is 8.78%.
All profitable trades are quite accurate and confident.
Considering that LUX had holidays trading pause in January, I believe that the result is very good and can be characterized as a projection of the work done last year.
LUX starts the year very confidently and precisely.
Detailed trading information is published on myfxbook account page.
.png)
6 trades and all of them are sell.
5 of 6 trades were profitable (83%).
The account growth is 8.78%.
All profitable trades are quite accurate and confident.
Considering that LUX had holidays trading pause in January, I believe that the result is very good and can be characterized as a projection of the work done last year.
LUX starts the year very confidently and precisely.
Detailed trading information is published on myfxbook account page.
Attachments:
@Marcellus8610
Member Since Aug 25, 2023
12 posts
Feb 02 at 09:51
(edited Feb 02 at 09:52)
i have invested money for almost 4 months. so far result is good. which I like most is that LUX do not hold trade for a long time. if getting loses, he always closes it in 1% or less than 1% lose trade.
BTW LUX do you think you can consider reducing the fees? Maybe 20%?
and nice starting for the year.
BTW LUX do you think you can consider reducing the fees? Maybe 20%?
and nice starting for the year.
Member Since May 19, 2020
438 posts
Feb 06 at 08:21
ShahpariGreen posted:Thanks for your feedback. I pay a lot of attention to risk management and over the past year my base goal has been to increase consistency. This great work done turns into high-quality profitable trading.
i have invested money for almost 4 months. so far result is good. which I like most is that LUX do not hold trade for a long time. if getting loses, he always closes it in 1% or less than 1% lose trade.
BTW LUX do you think you can consider reducing the fees? Maybe 20%?
and nice starting for the year.
I don't plan to change the fees, because in my opinion the current percentage is fair and beneficial for both investors and me.
Thank you for your question and opinion.
@Marcellus8610
Member Since Aug 25, 2023
12 posts
Feb 09 at 12:20
ermm any particular reason for making the myxbook trading system page private?
Member Since May 19, 2020
438 posts
Feb 12 at 08:53
ShahpariGreen posted:Hello. This was only a temporary inconvenience as some investors were provided with an investor password for check. The account was constantly connected and updated during this period and is now provided with public access.
ermm any particular reason for making the myxbook trading system page private?
@Marcellus8610
Member Since Aug 19, 2021
245 posts
Feb 14 at 13:07
Oh if I were you, I wouldn’t give anyone an investor password at all. Do you know how many scammers use your name and offer EAs showing your account as their own???
forex_trader_3596980
Member Since Feb 08, 2024
36 posts
Feb 14 at 15:11
WhiteWitcher posted:I don't give out investors password too to anyone, Because it's firm account, but I bridge it to copy out directly to mt4 accounts or mt4.
Oh if I were you, I wouldn’t give anyone an investor password at all. Do you know how many scammers use your name and offer EAs showing your account as their own???
Member Since Aug 19, 2021
245 posts
Feb 20 at 20:28
Oh if you are selling signals, then there is no point in giving the investor a password, this goes without saying. Well, in general, since MyFxBook connects using an investor password, I don’t even see the point of asking for it separately. Everything is already there, and in a convenient format. lol.
Member Since Aug 25, 2023
12 posts
Mar 12 at 20:41
this week LUX is on fire. ty for all the profit.
Mar 14 at 23:14
posted:how are you getting x500 leverage with that much balance?WhiteWitcher posted:I don't give out investors password too to anyone, Because it's firm account, but I bridge it to copy out directly to mt4 accounts or mt4.
Oh if I were you, I wouldn’t give anyone an investor password at all. Do you know how many scammers use your name and offer EAs showing your account as their own???
