Sector Capital 1 - PriorFX (By forex_trader_100568)
The user has deleted this system.
Sector Capital 1 - PriorFX Discussion
Member Since Sep 29, 2016
6 posts
Oct 09, 2016 at 06:22
Compensation should be in order either from Priofx or whoever holds the blame for the orders not being filled.
forex_trader_366890
Member Since Oct 07, 2016
1 posts
Oct 09, 2016 at 07:09
tomazxyn posted:I am not an investor with this trader, but I somewhat agree with you by analysing the performance of this account and previous account at hotforex.
if we were earning a minimum of 5-10% for the past 4months like when we were in hotforex we would probably have less to worry about after yesterday CRACKDOWN
He is a great trader, there is no doubt on that. But even with 5% a month with 45% protection, it just needs 1 price spike a year in one pair to wipe out the entire profit of the year. 1 price spike in just one currency pair is not uncommon when the system trades so many pairs simultaneously.
Whether it happens due to broker fault or system fault or VPS problem or whatever, if it will hit 45% once in a year, then it will take one more year at least to cover the loss for 45% with 5% profit per month cumulatively.
If the broker is regulated and it is a broker fault, then the broker may compensate the loss.
Otherwise, I see only two ways for this system either to increase the monthly return or decrease the equity protection.
Oct 09, 2016 at 08:01
This time the error was in the market, there was no price..... the freezing of the system would with all probablity be STG orders waiting up to be executed, sad story question is wheather the broker guaranteen 45 percent down, or the holder of the algo.
Most algos have an extra execution algo the kills all positions if draw down reaches a certain percentage, but this is however not a guarantee that there will be no slippage.
Most algos have an extra execution algo the kills all positions if draw down reaches a certain percentage, but this is however not a guarantee that there will be no slippage.
Member Since Feb 12, 2016
52 posts
Oct 09, 2016 at 12:30
tomazxyn posted:Yes, mine also.
My Loss have been cut to 25.2% from 52%..something is going on in the background.
forex_trader_314834
Member Since Mar 25, 2016
58 posts
Oct 09, 2016 at 12:32
My account has suddenly decreased to a lower number.
Hopefully it is an error, more than 1000 USD lower now than a few days ago.
Hopefully it is an error, more than 1000 USD lower now than a few days ago.
forex_trader_314834
Member Since Mar 25, 2016
58 posts
Oct 09, 2016 at 13:49
My loss is now 58% according to the balance now.
Even if it is an error, I think such errors should not be able to happen.
Imagine having your bank account show errors now and then?
Even if it is an error, I think such errors should not be able to happen.
Imagine having your bank account show errors now and then?
Oct 09, 2016 at 19:21
(edited Oct 09, 2016 at 19:22)
how funny, friday night i was talking with support. when asked about 45% protection, support reply me all account stopped at 40% equity. then i asked about 85% dd in myfxbook but currently i have 52% equity after bp33 closed all trade. then he replied i will get an e-mail about this issue this monday.
now i assume they rest everyone account equity to 40% even though bp33 closed all trade in 52% equity. forget about compensate.
i don't know forex about much, but i heard if account size is more than 5million that moment due to liquidity supply there can be slippage.
now i assume they rest everyone account equity to 40% even though bp33 closed all trade in 52% equity. forget about compensate.
i don't know forex about much, but i heard if account size is more than 5million that moment due to liquidity supply there can be slippage.
forex_trader_314834
Member Since Mar 25, 2016
58 posts
Oct 10, 2016 at 06:04
why allocate trades when all trades are closed?
It doesn't make sense.
It doesn't make sense.
