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

Aug 24, 2011 at 20:55
40,264 Paparan
472 Replies
Ahli sejak Sep 23, 2013   60 hantaran
Oct 03, 2013 at 10:45
i wan,t to open PAMM acc,how for this ....i am new in forex but i am EA programing , i make money from my EA thank,s guys...for your help
GBLab
forex_trader_72498
Ahli sejak Apr 05, 2012   93 hantaran
Oct 03, 2013 at 12:07
nugroho posted:
i wan,t to open PAMM acc,how for this ....i am new in forex but i am EA programing , i make money from my EA thank,s guys...for your help

New in forex and EA programming??? How that can be??? And what kind of EA it can be???
I traded manually for three years before I made my first EA ...
GBLab
forex_trader_72498
Ahli sejak Apr 05, 2012   93 hantaran
Oct 03, 2013 at 12:26
SNF_Complex posted:
sgbdis posted:
Pls take a look at my account https://www.myfxbook.com/members/sgbdis/fx-money-machine/640600

very good results !
many pairs ...

DD is not so big ...

Michael, I cannot understand your criteria for DD. This system DD is 27.5% for 5 months and you say 'DD is not so big'.
My system has 33% for 10 months and you said 'Too big DD level'.

Is the difference between 33% and 27.5% really so big?!
bestfxbot
forex_trader_110458
Ahli sejak Feb 03, 2013   21 hantaran
Oct 04, 2013 at 17:42
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

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

1. BestFXbot AdvisoryEA began in 2013 ( public ) and trading privately since 2011 with a much more conservative approach
2. Over 3000+ trades in last 7 months - Trading Only EURUSD - https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428
3 a + b. Longest is 3 days with average 4 hour trade duration.
4. Average win is 12 pips
5. the pip expectancy is rather flat at 0.5

Strategy starts off hedging and averages down dynamically based on volatility to avoid news releases, central bank intervention, and natural disasters.


<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428'><img border='0' src='https://widgets.myfxbook.com/widgets/617428/large.jpg'/></a>

https://bestfxbot.com/bestfxbot/advisory/

Ahli sejak Jul 22, 2013   216 hantaran
Oct 04, 2013 at 17:57
bestfxbot posted:
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

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

1. BestFXbot AdvisoryEA began in 2013 ( public ) and trading privately since 2011 with a much more conservative approach
2. Over 3000+ trades in last 7 months - Trading Only EURUSD - https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428
3 a + b. Longest is 3 days with average 4 hour trade duration.
4. Average win is 12 pips
5. the pip expectancy is rather flat at 0.5

Strategy starts off hedging and averages down dynamically based on volatility to avoid news releases, central bank intervention, and natural disasters.


<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428'><img border='0' src='https://widgets.myfxbook.com/widgets/617428/large.jpg'/></a>

https://bestfxbot.com/bestfxbot/advisory/


to small profit for thats level of DD ...
SNF-Complex system - build in 2007 \ Tested from 1970.
Ahli sejak Jul 22, 2013   216 hantaran
Oct 04, 2013 at 17:58
GBLab posted:
SNF_Complex posted:
sgbdis posted:
Pls take a look at my account https://www.myfxbook.com/members/sgbdis/fx-money-machine/640600

very good results !
many pairs ...

DD is not so big ...

Michael, I cannot understand your criteria for DD. This system DD is 27.5% for 5 months and you say 'DD is not so big'.
My system has 33% for 10 months and you said 'Too big DD level'.

Is the difference between 33% and 27.5% really so big?!


FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%

===================
or
Monthly: 17.00%
Drawdown: 13.76%

_________________________

GBL-A -

Monthly: 22.13%
Drawdown: 32.98%

===================
or
Monthly: 11%
Drawdown: 16,5%






___________________
SNF-Complex system - build in 2007 \ Tested from 1970.
Ahli sejak Jan 11, 2011   84 hantaran
Oct 04, 2013 at 20:06
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄
Ahli sejak Aug 08, 2012   26 hantaran
Oct 04, 2013 at 20:08
Hello everyone again,
I have now a new DEMO account for October running on myfxbook. Please leave your all comments, advice and feedback (negative or positive). Below is the Main link to my demo accounts:
https://www.myfxbook.com/members/myfxday
Ahli sejak Mar 06, 2011   2 hantaran
Oct 05, 2013 at 01:51
Hi Creator of Forex money machine.
As i see that you are gonna take your machine out from Auto Trade of Myfxbook.
So I am contacting you . How can I further take benefit of trading skill of yours or your machine. Reply me at corpo30 at ymail. dot com
sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%

😄
To be one of the most relaible forex fund managers.
Ahli sejak Nov 24, 2011   5 hantaran
Oct 05, 2013 at 10:38
Please see my Managed Forex Accounts with performance fee 20-30% ....since April 2013...never lost ...profit 577%. DD max when i'm very agresif...but now i'm more conservatif and safe trading....looks DD after June..

https://www.myfxbook.com/members/ruben17/bataviafx-management/584052

thanks
Patient
GBLab
forex_trader_72498
Ahli sejak Apr 05, 2012   93 hantaran
Oct 05, 2013 at 10:43
sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄

If this is a criteria, GBL-A profit from start +667%, max DD 33%. DD covered 20 times.

These two systems perform similarly, so it's unfair to say 'too big DD level' for one of them and 'not so big DD' for another.
GBLab
forex_trader_72498
Ahli sejak Apr 05, 2012   93 hantaran
Oct 05, 2013 at 10:44
SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%


These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.
Ahli sejak Jan 11, 2011   84 hantaran
Oct 05, 2013 at 21:13
GBLab posted:
SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%


These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.

There is a big difference between 34% and 22% (more than 50%).
Ahli sejak Mar 13, 2013   166 hantaran
Oct 06, 2013 at 08:57
ruben17 posted:
Please see my Managed Forex Accounts with performance fee 20-30% ....since April 2013...never lost ...profit 577%. DD max when i'm very agresif...but now i'm more conservatif and safe trading....looks DD after June..

https://www.myfxbook.com/members/ruben17/bataviafx-management/584052

thanks

Hello,
I was watching your video gain. You have done well to get to your current gain. What is your strategy?
As against what is dangerous is that your equity is still below your gain, one day you will blow your account and in addition you have a lever that allows you to trader.
If you want more serene you can visit the link attached piece and if you need any further information
do not hesitate to contact me
Regards
Hiroo59

Lampiran:

GBLab
forex_trader_72498
Ahli sejak Apr 05, 2012   93 hantaran
Oct 06, 2013 at 08:59
sgbdis posted:
GBLab posted:
SNF_Complex posted:

FX Money Machine -

Monthly:
34.19%
Drawdown:
27.52%


These monthly 34% are for 5 months only, GBL-A 22% are for 10 months. Monthly performance always decreasing with time.

There is a big difference between 34% and 22% (more than 50%).

I can tell the same - there is a big difference between 667% and 403% (more than 50%).

I don't want to say your system is bad, only that these two systems perform similarly.
bestfxbot
forex_trader_110458
Ahli sejak Feb 03, 2013   21 hantaran
Oct 06, 2013 at 17:51
SNF_Complex posted:

https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-ea-default-eurusd/617428

to small profit for thats level of DD ...



We have higher risk setting that produce much larger gains than our default setting as you state a 10% max Drawdown is too high for a stable return of 5-6% a month.

<a href='https://www.myfxbook.com/members/bestfxbot/bestfxbot-advisory-risk-1-custom/564537'><img border='0' src='https://widgets.myfxbook.com/widgets/564537/large.jpg'/></a>
Ahli sejak Nov 30, 2012   11 hantaran
Oct 07, 2013 at 11:06
nice 😄
NEVER GIVE UP
Ahli sejak Apr 04, 2013   2 hantaran
Oct 12, 2013 at 09:43
sgbdis posted:
correct Michael.

Profit since start +380%, max DD 27.5%. DD is covered almost 14 times.

+850 pips this month and +5.85%.

😄

Hello Sgbdis! Where did your trading go from Autotrading? :)
Ahli sejak Jan 11, 2011   84 hantaran
Oct 12, 2013 at 21:08
it is private now
Ahli sejak Nov 08, 2010   2 hantaran
Oct 13, 2013 at 13:34
Hi Sgbdis, I've been followin your system in Autotrade for several weeks and really loved your performance. It's such a pity that you decided to withdraw from it. Is there any other way that I can still follow your system (of course pay you commission at the same time)? You can send me private messages if needed. Looking forward to your reply and thanks in advance!
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