Trendy System 1.0 (By TrendySystem)
| Gain : | +488.48% |
| Drawdown | 23.37% |
| Pips: | 2348.0 |
| Trades | 181 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:50 |
| Trading: | Unknown |
Trendy System 1.0 Discussion
Oct 24, 2011 at 04:12
1,683 Views
12 Replies
Member Since Mar 11, 2010
6 posts
Oct 30, 2011 at 10:40
Hello Shawn.
Tight stops, multipair, high win percentage, incredible profit factor, incredible expectancy and incredible profit/loss ratio.
There is only one month, but I have the feeling that this is the best system I've seen.
Congratulations.
I would like to give you two tips to improve security:
1. With these numbers, you don't need to leave open operations during the weekend. I see an operation from October 14th to October 17th. Closing during weekend will avoid problematic gaps.
2. A safety stop-loss would not hurt. You can move the stop to never touch, only if your VPS/Server is down, it could save you from a dangerous situation.
Congratulations again.
Regards,
Paco Hernández.
Tight stops, multipair, high win percentage, incredible profit factor, incredible expectancy and incredible profit/loss ratio.
There is only one month, but I have the feeling that this is the best system I've seen.
Congratulations.
I would like to give you two tips to improve security:
1. With these numbers, you don't need to leave open operations during the weekend. I see an operation from October 14th to October 17th. Closing during weekend will avoid problematic gaps.
2. A safety stop-loss would not hurt. You can move the stop to never touch, only if your VPS/Server is down, it could save you from a dangerous situation.
Congratulations again.
Regards,
Paco Hernández.
Member Since Oct 24, 2011
38 posts
Oct 30, 2011 at 20:47
Hi Paco,
Your suggestions are welcomed. We usually don't trade on Fridays using this System. On rare occcasions we will and leave a position open over the weekend.
As far as safety stops go, I personally like them. However, I have a team member that strongly believe that they are still dangerous because of the volatility of the market and getting a spike in the direction of a stop could encourage brokers to push that spike as much as they can just to trigger the stop. Therefore for safety purposes we generally keep an eye on the drawdown and have a hidden SL between 3% to %5 drawdown. As you can see we seldom get into more than one trade at a time.
Can I ask what is your history or background? You profile has very little info and it appears you are a new user on myfxbook. If your like me you probably have more than one myfxbook account.
Regards,
Shawn
Your suggestions are welcomed. We usually don't trade on Fridays using this System. On rare occcasions we will and leave a position open over the weekend.
As far as safety stops go, I personally like them. However, I have a team member that strongly believe that they are still dangerous because of the volatility of the market and getting a spike in the direction of a stop could encourage brokers to push that spike as much as they can just to trigger the stop. Therefore for safety purposes we generally keep an eye on the drawdown and have a hidden SL between 3% to %5 drawdown. As you can see we seldom get into more than one trade at a time.
Can I ask what is your history or background? You profile has very little info and it appears you are a new user on myfxbook. If your like me you probably have more than one myfxbook account.
Regards,
Shawn
Trading is Fun...
Member Since Aug 22, 2009
390 posts
Oct 31, 2011 at 03:41
Hi Shawn,
The result is pretty good.
Do you sell your EA or any manage clients account?
I am really interesten in.
Happy trading. Young
The result is pretty good.
Do you sell your EA or any manage clients account?
I am really interesten in.
Happy trading. Young
youngchang@
Member Since Nov 01, 2011
7 posts
Nov 01, 2011 at 07:25
Very impressive. I will keep an eye on this and would love to learn more about it.
Member Since Oct 24, 2011
38 posts
Nov 01, 2011 at 14:59
Thanks, feel free to continue to track our trades. We are setting up a website to help give more information on this system.
Regards,
Shawn O'Connor
Regards,
Shawn O'Connor
Trading is Fun...
Member Since Aug 22, 2009
390 posts
Nov 02, 2011 at 23:59
Any reason to hold the long position on AUDUSD with 130 pips negative?
Young
Young
youngchang@
Member Since Oct 24, 2011
38 posts
Nov 03, 2011 at 06:29
yeah that position was supposed to be stopped out at 2% drawdown. At this point we aren't sure why the EA didn't close the position. From now on we may have to use hard stops rather than relying on an EA to close positions.
For now we are debating whether to cut the position lose or carry it for a more long-term trade. Generally we don't like to hold position for more than 5 days but for this one we may have to carry through the month.
This shouldn't happen again as we will most likely make the switch to using our brokers hard stops after this issue with the EA.
Regards,
Shawn
For now we are debating whether to cut the position lose or carry it for a more long-term trade. Generally we don't like to hold position for more than 5 days but for this one we may have to carry through the month.
This shouldn't happen again as we will most likely make the switch to using our brokers hard stops after this issue with the EA.
Regards,
Shawn
Trading is Fun...
Member Since Oct 24, 2011
38 posts
Nov 03, 2011 at 16:21
As you can see the platform technial mistake that caused Aud/Usd position to stay open was managed nicely for a small win. In the future hard stops on the broker side will be used to help defend against this happening again.
Regards,
Shawn
Regards,
Shawn
Trading is Fun...
Member Since Oct 24, 2011
38 posts
Nov 08, 2011 at 19:50
I have had a few people request our services for managing their accounts. However, at this time we are not offering PAMM services.
However, if you want to follow/copy our Trendy trade signals you can get more information about how to do so on our website:
www.forex-trade-signals.net
Kind Regards,
Shawn O'Connor
However, if you want to follow/copy our Trendy trade signals you can get more information about how to do so on our website:
www.forex-trade-signals.net
Kind Regards,
Shawn O'Connor
Trading is Fun...
Member Since Aug 22, 2009
390 posts
Nov 09, 2011 at 17:13
Hi Shawn,
Why do you hide open positions Now?
Aren't you confidence about your trade?
I think you are trading now much different from last 3 or 4 weeks. Your stoploss is much bigger than before.
Did you changed your strategy or what?
Thanks. Young
Why do you hide open positions Now?
Aren't you confidence about your trade?
I think you are trading now much different from last 3 or 4 weeks. Your stoploss is much bigger than before.
Did you changed your strategy or what?
Thanks. Young
youngchang@
Member Since Oct 24, 2011
38 posts
Nov 14, 2011 at 07:24
Greetings!
No we haven't changed our strategy. And this is the problem. We are trading this test account with a larger size 1 full lot on a 3,000 dollar account. We thought that perhaps we could pull this off. The fact remains this is way to risky and we saw one of the most volatile and unpredictable markets last week since 2009. Therefore we are changing our strategy now to use Trendy signals with a much smaller lot size. This will safeguard our system during very unpredictable conditions.
Therefore, the signals are good, but the drawdown must be much less. So we have change our strategy to use .2 or 2 mini lots which is 20,000 units of currency. This smaller amount will allow the Trendy Signals to be much more effective and help us keep a lesser drawdown.
We will still continue to trade this myfxbook profile according to this system but with the smaller size. But for the sake of record keeping we have opened up a new demo account to track the progress of Trendy 2. You can find it here:
https://www.myfxbook.com/members/TrendySystem/trendy-system-2/191120
Also, you can receive a 6 month free trial at our site where you will get to have our signals sent directly to your MT4 platform. This 6 month free will allow us to show our signals accuracy, while giving anyone who wants to follow us the ability to do so.
So if you sign up now basically you get the Trendy Signals for 6 months and you can cancel at anytime.
Kind Regards to all who are following this,
Shawn O'Connor
No we haven't changed our strategy. And this is the problem. We are trading this test account with a larger size 1 full lot on a 3,000 dollar account. We thought that perhaps we could pull this off. The fact remains this is way to risky and we saw one of the most volatile and unpredictable markets last week since 2009. Therefore we are changing our strategy now to use Trendy signals with a much smaller lot size. This will safeguard our system during very unpredictable conditions.
Therefore, the signals are good, but the drawdown must be much less. So we have change our strategy to use .2 or 2 mini lots which is 20,000 units of currency. This smaller amount will allow the Trendy Signals to be much more effective and help us keep a lesser drawdown.
We will still continue to trade this myfxbook profile according to this system but with the smaller size. But for the sake of record keeping we have opened up a new demo account to track the progress of Trendy 2. You can find it here:
https://www.myfxbook.com/members/TrendySystem/trendy-system-2/191120
Also, you can receive a 6 month free trial at our site where you will get to have our signals sent directly to your MT4 platform. This 6 month free will allow us to show our signals accuracy, while giving anyone who wants to follow us the ability to do so.
So if you sign up now basically you get the Trendy Signals for 6 months and you can cancel at anytime.
Kind Regards to all who are following this,
Shawn O'Connor
Trading is Fun...
Member Since Oct 24, 2011
38 posts
Dec 13, 2011 at 10:20
Please notice that I will most likely not be trading this account any longer. It is too much for me to try to trade this alongside another Trendy System and I am in favor of continueing our more low risk system found here:
https://www.myfxbook.com/members/TrendySystem/trendy-system-2/191120
Please if you are following this Trendy System 1 move your attention to the Trendy System 2. This will be traded with the exact same Trendy System signals just with a lower lot size.
Kind Regards,
Shawn
https://www.myfxbook.com/members/TrendySystem/trendy-system-2/191120
Please if you are following this Trendy System 1 move your attention to the Trendy System 2. This will be traded with the exact same Trendy System signals just with a lower lot size.
Kind Regards,
Shawn
Trading is Fun...
Member Since Oct 24, 2011
38 posts
Dec 30, 2011 at 09:01
All Trendy System Demos are over...Real Trade signals are sent off of this real money account now:
https://www.myfxbook.com/members/TrendySystem/trendy-signal-real-money/215250
https://www.myfxbook.com/members/TrendySystem/trendy-signal-real-money/215250
Trading is Fun...
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