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jaytrad00
Frero
in
Tirdzniecības sistēmas
Mar 06, 2020 at 07:29
if you allow your drawdown to get to that level, it is just a matter of time before you lose all your money again. 25% for me is a HARD stop and anything above 10% I would keep an eye on and even consider closing some of the trades to reduce the exposure. He worked hard for 2 years just to blow the account in 3 weeks. Not to mention the 3-4 times in the past 6 months alone where Frero got really lucky because of news events that allowed him to recover from a massive drawdown. If not that, this account would have gone long ago. When I was a signal follower I reduced the multiplier to 0.5. Glad ...
Frero
in
Tirdzniecības sistēmas
Mar 01, 2020 at 09:41
They lost almost all money in several accounts, so way more than 1 million euro. IF this really happened. I'm leaning towards a SCAM where they didn't lose anything and both Frero and Brokers made tons of money.
Frero
in
Tirdzniecības sistēmas
Feb 27, 2020 at 21:52
How is it even possible that this system is still losing money? Euro had a massive pullback! Have they changed all the Longs for Short? I've heard of many stories of successful signals making deals with brokers to get their money and vanish. I guess this will become one of those.
Frero
in
Tirdzniecības sistēmas
Feb 26, 2020 at 07:21
I stopped following this system when it started opening dozens of trades with almost no considerable range between them. There was a lack of logic to what I was seeing and even though it was delivering good outcomes most of the time, it was not worth the excessive risk it is taking to achieve that. 20% profit a month is beyond good, but there is a reason you don't see the best traders in the world earning that much - risk management. Frero system used to be good at this, but now all I see are randomly distributed trades at support/resistance areas without any logic at all and lots of hedgi...
Frero
in
Tirdzniecības sistēmas
Feb 17, 2020 at 06:02
Many were copying Frero signal and selling as their own. Now that they can't copy anymore, they are desperate.
Frero
in
Tirdzniecības sistēmas
Jan 17, 2020 at 09:18
well, you can, but it also means your drawdown will be higher potentially making you lose all your money if you run out of margin.
Frero
in
Tirdzniecības sistēmas
Jan 17, 2020 at 07:24
You can change the multiplier on signalstart for a lower risk than the original signal provider. Obviously, you also reduce your profit.
Frero
in
Tirdzniecības sistēmas
Nov 15, 2019 at 10:23
Head over to https://www.signalstart.com/analysis/frero/52591. If your profit % is less than Frero, you're taking less risk than him and it's not necessarily a bad thing if you can't handle drawdown. If higher than Frero, you're taking more risk. Don't take more risk than the signal provider otherwise his strategy won't work for you as you might be stopped by lack of margin.
Frero
in
Tirdzniecības sistēmas
Oct 11, 2019 at 07:13
I still trust the provider, but I wouldn't define it as perfect...lots of technical and fundamental mistakes actually and these are becoming more common...almost like they've been using another set of indicators and strategy since august. Swaps are killing this strategy now as the volatility of EU has reduced quite considerably and many times we have to wait forever for a change of direction. I'm manually closing some of the trades and reduced the multiplier to 60%. I just hope this is enough to pay for the expensive signal and also get profit because I can't bear 50% drawdown.
Frero
in
Tirdzniecības sistēmas
Sep 03, 2019 at 00:18
I believe the market is expecting a retracement to 1.102x area, the previous area of interest and major support. This is the reason why Frero put so many trades below this area, once we get to that level we will break even, not sure about making a profit though. Hold tight we will get there. Frero System was very dumb to go long at the 1.11x levels, I personally closed some of the open trades days ago in my account with a loss to avoid more dmg, but they are not opening more trades as you can see to avoid making things worse. Bear in mind that dollar futures are still strong and Eur futures we...
Frero
in
Tirdzniecības sistēmas
Aug 31, 2019 at 10:09
I agree with you. Martingale is a high risk/high reward strategy. It's been working well because EU has been a very slow burner and basically having the two economies fighting at similar levels. This is changing now or might have changed already. Let's hope not. I just hope Frero has some amazing indicators that accurately tell Eur will PB to at least break even. I'm not a fan of opening so many trades so close to each other. What's the point besides taking more unnecessary risk? Anything above 1.10xx is unlikely to be recovered unless Trump gives us a hand, but as he wants to ...
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