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JForex78
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Show your profitable account here.
in
General
Oct 21, 2019 at 22:35
Great. What happened to your other system??https://www.myfxbook.com/members/Jump4life/sv-fx-5-pips/3236387
Frero
in
Trading Systems
Oct 17, 2019 at 13:41
Its not about Frero - he's doing fine.Also, its obviously understood about account size to get correct ratio of lots. I dont agree with having to trade with same brokerAnyways - this conversation doesnt belong in this thread.So back to Frero.
Frero
in
Trading Systems
Oct 17, 2019 at 04:35
I only pick signals 3M and above. But, it doesnt stop the scam. They have crashed right after subscription.
Frero
in
Trading Systems
Oct 15, 2019 at 14:03
Broker itself is the signal provider.So they make money from signal fees.And also, if people trade with the same broker hoping to get less slippage.And, they crash the signal soon after, because their purpose is not to make money for followers. Its to collect fee and be done.The signal was crashed right after a big withdrawal.
Frero
in
Trading Systems
Oct 13, 2019 at 16:12
Correct - many signals are created by the brokers themselves, and they supply manipulated data to show great performance.The benefit here is that broker makes commission when we trade. And the signal fee.When they crash the signal they dont lose any money - because the same amount of trades are hedged in another account.
Frero
in
Trading Systems
Oct 11, 2019 at 14:17
And how many signals run 10 months in a row? Not even 5%.So basically, followers may lose their own investments just a few months after subscribing.So my conclusion, that followers cannot win in this business in the end. They probably lose most of their capital in a few months.
Frero
in
Trading Systems
Oct 11, 2019 at 14:09
I've tried forex signal copying since June. In these 5 months, Ive come to the conclusion - that followers cannot win in this business.It seems to me that these signals are made with the intention of running just a few months, collecting the fee - and then crash - on purpose - to wipe off all gains that followers made.Before you say, trader will also lose his own money - that may not be correct. Trader may have opened a second account elsewhere to hedge the positions that he loses here.Also, the math tells a good story - assume a signal makes 10% a month. This signal needs to perform 10 mo...
Frero
in
Trading Systems
Oct 01, 2019 at 14:55
Of course, trader can do anything he wants. Thats obviously true.I was responding to your saying that followers can close out positions. They can. But thats not the point of passive investing.Just saying. You are ok.
Frero
in
Trading Systems
Oct 01, 2019 at 03:09
You... dont understand the real issue here.If you as a follower have to manage and close trades, you miss the entire point.
Frero
in
Trading Systems
Sep 13, 2019 at 21:18
One way to follow the system is SignalStart.What are other ways to follow?
Frero
in
Trading Systems
Sep 12, 2019 at 18:07
This is not about Frero.This is a general question, that how can a signal that makes 10-20% a month, be profitable eventually, when it can lose 10-20% every few months. And can lose 100% on any day.About waiting till signal close - yes - we can let it drawdown to 20%, 30%, 50%, 70%... and then if trader closes positions, we are not at 70% loss. May be 100% loss.So while waiting to rebound is fine, there's no way to tell if it will come back from 50% drawdown. So you can only know when trader closes - which can be at 0.
Frero
in
Trading Systems
Sep 09, 2019 at 20:03
Can someone explain to me how these Systems will eventually win?A signal can make 20% per month - thats fine. Next month, it draws down to -30%. At this time, we dont know if it will recover or go further down.One possibility is it recovers.Other real possibility is it drawsdown further to 50%.Now, we can stick to it and hope that it recovers. Which may further go down to 0%.Giving us a net (+20-100) = 80% loss.Or, we can protect and close out manually at 50%. Now we have a (+20-50)=30% loss.Either way, the drawdown certainly exceeds monthly gain.So, how will these systems ever work, when the ...
Frero
in
Trading Systems
Sep 03, 2019 at 03:13
Hi, the signal is down to 55% equity. Is it going to 0?
VCC MT4-2
in
Trading Systems
Aug 29, 2019 at 21:18
Hi,Have you forgotten to close the 3 AUDUSD Buy Trades on Aug 13?They are drawing down the system to 25%. And we had multiple opportunities to close them at $0.Will you pls look into them?Thank you.
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