20-40% performance fee (with high watermark) for Forex traders
Membro Desde Apr 25, 2011
262 posts
Sep 25, 2011 at 16:18
The important part is to learn from this experience :)
By the way, I did not remove you from my watch (as I did for the others who suffered 100% loss), so I encourage you do trade well and recover from it ;)
Best wishes,
Remus
By the way, I did not remove you from my watch (as I did for the others who suffered 100% loss), so I encourage you do trade well and recover from it ;)
Best wishes,
Remus
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Sep 28, 2011 at 04:19
(editado Sep 28, 2011 at 04:24)
Hi Remus.
I just signed up for your web-site; I will communicate with you after the holidays (Friday or later). I read your email and some of your posts and thought - 'eureka'. For the last two years of my fx-training I've been looking for ears, a partner to share and discuss my findings. Sometimes I think I am looking into a Pandora Box. I might sound naive, but I think there are much more in Forex than we all think of it. Anyways, looking forward to talk to you soon.
Please look into my profile to find three systems (one demo and two real).
The real ones I trade entirely manual - system is not a top secret, but I do not share it with everyone, not yet. Mainly because it is not yet organized. I tried explaining basics of it to other traders and they laughed at me. So..... There are some comments I left in forms of links to pictures. If one can read it then it might help understanding the system later.
The demo - automated, simply EA - Blessing (the free one). But here is the twist: I am testing it not for generating profit but as a risk reduction tool. And as you can see it works great. If positions opened by EA are getting out of control I interfere with my manually opened trades and so far in three weeks it generated 19% with less than 4% DD. I am testing it with four major pairs trading against the trend and by the trend. Amazingly it works equity either way.
I do not wish to manage others people money, at least not yet. I do need to build my confidence and experience, even after two years of trading most of which was spent on training.
So, good luck and talk you you soon.
I just signed up for your web-site; I will communicate with you after the holidays (Friday or later). I read your email and some of your posts and thought - 'eureka'. For the last two years of my fx-training I've been looking for ears, a partner to share and discuss my findings. Sometimes I think I am looking into a Pandora Box. I might sound naive, but I think there are much more in Forex than we all think of it. Anyways, looking forward to talk to you soon.
Please look into my profile to find three systems (one demo and two real).
The real ones I trade entirely manual - system is not a top secret, but I do not share it with everyone, not yet. Mainly because it is not yet organized. I tried explaining basics of it to other traders and they laughed at me. So..... There are some comments I left in forms of links to pictures. If one can read it then it might help understanding the system later.
The demo - automated, simply EA - Blessing (the free one). But here is the twist: I am testing it not for generating profit but as a risk reduction tool. And as you can see it works great. If positions opened by EA are getting out of control I interfere with my manually opened trades and so far in three weeks it generated 19% with less than 4% DD. I am testing it with four major pairs trading against the trend and by the trend. Amazingly it works equity either way.
I do not wish to manage others people money, at least not yet. I do need to build my confidence and experience, even after two years of trading most of which was spent on training.
So, good luck and talk you you soon.
You see the shit on the street, you do not step into it.
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Sep 28, 2011 at 18:18
Hı Remus
do you have a Live account with FinFx. if yes can you please send me the 1 min chart screenshot between 09:00 to 10:00 eastern time.
thanks in advance
walker
do you have a Live account with FinFx. if yes can you please send me the 1 min chart screenshot between 09:00 to 10:00 eastern time.
thanks in advance
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Sep 28, 2011 at 18:21
correction
27-09-2011 13:00 to 14:00 eastern.
27-09-2011 13:00 to 14:00 eastern.
walker36 posted:
Hı Remus
do you have a Live account with FinFx. if yes can you please send me the 1 min chart screenshot between 09:00 to 10:00 eastern time.
thanks in advance
walker
Membro Desde Apr 25, 2011
262 posts
Sep 28, 2011 at 18:32
walker36 posted:
Hı Remus
do you have a Live account with FinFx. if yes can you please send me the 1 min chart screenshot between 09:00 to 10:00 eastern time.
thanks in advance
walker
Sorry, don't have a live account there. Please PM me for things not related to this thread ;)
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Sep 28, 2011 at 18:36
will do thanks.
Membro Desde Jul 30, 2011
71 posts
Sep 29, 2011 at 16:50
feel free to add any of my systems to your watchlist(s) :)
I plan to send an email next week to everyone who has given me his/her email, when I will, if contracts are signed, officially open my first public PAMM account to any interested party (with the algorithms of L0001008 and L000100X and L0002001 combined).
I plan to send an email next week to everyone who has given me his/her email, when I will, if contracts are signed, officially open my first public PAMM account to any interested party (with the algorithms of L0001008 and L000100X and L0002001 combined).
Riding waves always leads to a fall
Membro Desde Aug 30, 2011
11 posts
Sep 29, 2011 at 17:17
HIDUP ITU INDAH
forex_trader_35541
Membro Desde May 03, 2011
2 posts
Sep 30, 2011 at 00:49
(editado Sep 30, 2011 at 00:50)
Hi Remus
You can check out my performance over the past 5 months at the links below, I use a risk setting of 2% per trade.
This is a system that I am fine tuning as I go, I have recently made some excellent changes to my profit targets that have resulted in greater profitability.
May to July: https://www.myfxbook.com/portfolio/may-july/114082
August to ongoing: https://www.myfxbook.com/members/forexalchemy/forexalchemy-managed-accounts/151113
I am currently ranked 5th on the Zipsignals platform as seen in the results section at this link
https://www.zipsignals.com/results.cfm
You can also check out my website at https://www.forexalchemy.com
Take care
Aaron
You can check out my performance over the past 5 months at the links below, I use a risk setting of 2% per trade.
This is a system that I am fine tuning as I go, I have recently made some excellent changes to my profit targets that have resulted in greater profitability.
May to July: https://www.myfxbook.com/portfolio/may-july/114082
August to ongoing: https://www.myfxbook.com/members/forexalchemy/forexalchemy-managed-accounts/151113
I am currently ranked 5th on the Zipsignals platform as seen in the results section at this link
https://www.zipsignals.com/results.cfm
You can also check out my website at https://www.forexalchemy.com
Take care
Aaron
Membro Desde Sep 13, 2009
12 posts
Oct 02, 2011 at 15:19
Hey Remus
I have decided to not place any more trades in my demo acct and to start posting from my real acct, it just doesn't make sense for me to continue trading in demo-mode.
Good Trading To All
Ben Williams/FXTopGunTrading
I have decided to not place any more trades in my demo acct and to start posting from my real acct, it just doesn't make sense for me to continue trading in demo-mode.
Good Trading To All
Ben Williams/FXTopGunTrading
There's no greater power than the North Star : Live Free or Die Trying
Membro Desde Apr 25, 2011
262 posts
Oct 02, 2011 at 16:11
INDOREBATE posted:
Hello Remus
Here for You, brother
https://www.myfxbook.com/portfolio/tr4der9/170639
thank's
Thanks, I added it to my watchlist.
What happened to the other account? (I see you have deleted it)
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membro Desde Apr 25, 2011
262 posts
Oct 02, 2011 at 16:20
forexalchemy posted:
Hi Remus
You can check out my performance over the past 5 months at the links below, I use a risk setting of 2% per trade.
...
Thanks Aaron, I added the system to my watchlist. (even though it's just Demo)
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membro Desde Apr 25, 2011
262 posts
Oct 02, 2011 at 16:22
FXTopGunTrading posted:
Hey Remus
I have decided to not place any more trades in my demo acct and to start posting from my real acct, it just doesn't make sense for me to continue trading in demo-mode.
Good Trading To All
Ben Williams/FXTopGunTrading
Great decision, Ben!
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
forex_trader_28394
Membro Desde Jan 31, 2011
71 posts
Oct 02, 2011 at 19:55
We have consistent profit track record for more than a year... Check our performance on the following links:
https://www.myfxbook.com/members/acmehedge/acme-hedge-normal-mode-low/164304
https://www.myfxbook.com/members/acmehedge/acme-hedge/81741
https://www.myfxbook.com/members/acmehedge/acme-hedge-aggressive/81978
For more details on managed account visit www.acmehedge.com
or email to info@acmehedge.com
https://www.myfxbook.com/members/acmehedge/acme-hedge-normal-mode-low/164304
https://www.myfxbook.com/members/acmehedge/acme-hedge/81741
https://www.myfxbook.com/members/acmehedge/acme-hedge-aggressive/81978
For more details on managed account visit www.acmehedge.com
or email to info@acmehedge.com
Membro Desde Apr 25, 2011
262 posts
Oct 04, 2011 at 23:01
SnapTradeFX posted:
feel free to add any of my systems to your watchlist(s) :)
I plan to send an email next week to everyone who has given me his/her email, when I will, if contracts are signed, officially open my first public PAMM account to any interested party (with the algorithms of L0001008 and L000100X and L0002001 combined).
Thanks for the info, SnapTradeFX!
I just took a look and it looks like 2 of the 3 systems you mentioned were severely hit this week:
https://www.myfxbook.com/members/SnapTradeFX/l0001008-snaptradefx-v104x/156593
https://www.myfxbook.com/members/SnapTradeFX/l0002001-snaptradefx-v103/144986
The other one (L00100X) was not affected, but still, even if you combine the 3 in one portfolio, the DD would have still been quite big. Keep refining the systems, though, you may be onto something here!
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membro Desde Apr 25, 2011
262 posts
Oct 05, 2011 at 00:02
acmehedge posted:
We have consistent profit track record for more than a year... Check our performance on the following links:
https://www.myfxbook.com/members/acmehedge/acme-hedge-normal-mode-low/164304
https://www.myfxbook.com/members/acmehedge/acme-hedge/81741
https://www.myfxbook.com/members/acmehedge/acme-hedge-aggressive/81978
For more details on managed account visit www.acmehedge.com or email to info@acmehedge.com
Thanks, Acme Hedge! I added to my watchlist the account you trade with low risk, since that's more in line with what I'm looking for.
Impressive growth curve in the aggressive account, but I would likely not invest money in it, due to the 50%+ equity crashes in March 16 and Aug 30 this year.
Q: When trading the low risk strategy, what would have been the outcome on March 16 and Aug 30? Would you have liquidated the basket at 15% loss?
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
forex_trader_32776
Membro Desde Mar 28, 2011
1008 posts
Oct 05, 2011 at 07:23
NextLevelForex posted:
SnapTradeFX posted:
feel free to add any of my systems to your watchlist(s) :)
I plan to send an email next week to everyone who has given me his/her email, when I will, if contracts are signed, officially open my first public PAMM account to any interested party (with the algorithms of L0001008 and L000100X and L0002001 combined).
Thanks for the info, SnapTradeFX!
I just took a look and it looks like 2 of the 3 systems you mentioned were severely hit this week:
https://www.myfxbook.com/members/SnapTradeFX/l0001008-snaptradefx-v104x/156593
https://www.myfxbook.com/members/SnapTradeFX/l0002001-snaptradefx-v103/144986
The other one (L00100X) was not affected, but still, even if you combine the 3 in one portfolio, the DD would have still been quite big. Keep refining the systems, though, you may be onto something here!
It is a shame that most traders focus on the strategy and not risk management. We can still have a balance of both risk and entry logic.
In your search of private traders, I'm sure you'll find that needle in the hay stack 😄
Membro Desde Jul 30, 2011
71 posts
Oct 05, 2011 at 11:32
Yeah, I was away for a weekend in Berlin...and boom, the ones with active risk management survived the bouncing euro perfectly fine, while the ones without blew up. 2001 has pretty decent risk management as well but lost some, albeit overall still quite profitable, 1008 didn't. Lessons learned:
-I won't run anything without risk management on a PAMM account.
:)
Thanks for the faith!
-I won't run anything without risk management on a PAMM account.
:)
Thanks for the faith!
Riding waves always leads to a fall
Membro Desde Apr 25, 2011
262 posts
Oct 26, 2011 at 19:53
I did not check the performance of any of the people who advertised themselves there, but wanted to post the link on my thread, since it's related:
https://www.myfxbook.com/community/experienced-traders/can-anyone-recomend-managed-account/120073,1
One comment, though: by the name of that thread, I expected the posts to be something like 'I used services of X, and highly recommend them, while Y was so and so; also, make sure you avoid Z!'. The person who started the thread was looking for 3rd party opinions of various managed accounts services. He/she got zero such replies! Instead, the thread is full of people advertising how good they are... ('i can manage from 10k become 30k in less a month')
https://www.myfxbook.com/community/experienced-traders/can-anyone-recomend-managed-account/120073,1
One comment, though: by the name of that thread, I expected the posts to be something like 'I used services of X, and highly recommend them, while Y was so and so; also, make sure you avoid Z!'. The person who started the thread was looking for 3rd party opinions of various managed accounts services. He/she got zero such replies! Instead, the thread is full of people advertising how good they are... ('i can manage from 10k become 30k in less a month')
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Membro Desde Apr 25, 2011
262 posts
Nov 09, 2011 at 01:51
(editado Nov 09, 2011 at 01:53)
The needle in the haystack is indeed hard to find ;) But there are lessons learned throughout this quest that may be worth more than finding the needle itself. As such, the journey continues!
2.5 months after having started this thread, lots of the systems advertised here went belly up, while others were deleted or marked private. On Sep 20th I posted a summary with the systems that had multiple signs of trouble, and today I want to summarize the rest of the systems. A couple of them are not even close to wanting me entrust real money to them, but I kept them on my radar since the people seemed serious about trading, and maybe in time we’ll find a match.
SaltyWaters, REAL, https://www.myfxbook.com/members/SaltyWaters/dwaver-v30/160308
Great Pips Expectancy, unfortunately not fitting my needs at the moment because of rather long holding time. But I’m still keeping it in my watchlist.
copett, REAL, https://www.myfxbook.com/members/copett/opera-van-java/107647
Disproportionate lot sizes, maybe for recovery trades. Was trading with 0.02 most of the time, but during the last couple of days killed all the profits by trading 1.0 and 2.0 lots. The account has been deleted now.
Chikot, REAL, https://www.myfxbook.com/members/Chikot/oil-real/136611
Suffered big losses after changing the trading schedule, not trading the account at the moment.
Signalrouters / Dirk, REAL, https://www.myfxbook.com/members/signalrouters/eurusd-hedger/149852
100% DD after 3 weeks, not traded since then.
Kollinger / Oliver, REAL, https://www.myfxbook.com/members/Kollinger/managedaccountpro-10k/120765
Good results for the period I watched this account, but it is marked private now.
FX TopGun Trading / Ben Williams, DEMO, https://www.myfxbook.com/members/FXTopGunTrading/fxtopguntrading/143610
Great Pips Expectancy for the period I watched the account. He deleted this account (said he would do that, and post a REAL one), but cannot find another account in his profile.
Forex Alchemy / Aaron, REAL, https://www.myfxbook.com/members/forexalchemy/forexalchemy-managed-accounts/151113
Good results for the period I watched this account, but it is marked private now.
Ciframaster / Juanmaria, REAL, https://www.myfxbook.com/members/ciframaster/fxcm-55755/151969
Good Pips Expectancy, need to watch for a little longer.
Alanfx1 / Tradingboy, REAL, https://www.myfxbook.com/members/Alanfx1/tradingboy-lab/43576
Had a series of losses in July, which led to a big DD. Other than that, looks good, and I'll watch it for a little longer.
FXDM, REAL, https://www.myfxbook.com/members/FXDM/fxdm/134376
Great Pips Expectancy, need to watch for a little longer. Note: not updated since Oct 2.
Robin Hood Fund, REAL, https://www.myfxbook.com/members/RobinHoodFund/robin-hood-pamm/108473
Weird growth chart for Sep-Oct 2011, considering the DD reported is a lot smaller; will watch it for a little longer.
Will Schaarrand, REAL, https://www.myfxbook.com/members/pipinvestment99/risk-capital-investors-fund/124751
Account profitable, but closed in October. Got in touch with the trader, to explore areas for collaboration.
CuongVC, REAL, https://www.myfxbook.com/members/CuongVC/trackrecord/92703
Superb Pips Expectancy, but trader adds money to the account when in trouble, which changes the whole meaning of stats.
elbe17x / Roland, REAL, https://www.myfxbook.com/members/elbe17fx/elbe7fx/139552
A bit low on the Pips Expectancy front, but otherwise looks good; will watch it for a little longer. Got in touch with the trader, to explore areas for collaboration.
SnapTradeFX, DEMO, https://www.myfxbook.com/members/SnapTradeFX/l000100x-pammexperiment/123063
Very low Pips Expectancy (0.8 pips), other than than, it may have potential if a REAL account would match the results.
Acme Hedge / Tony, REAL, https://www.myfxbook.com/members/acmehedge/acme-hedge-normal-mode-low/164304
Inconsistent money management (advertised 15% max DD for the conservative account linked above, but currently in a 17% floating DD, on top of another 11% realized DD). Also, all accounts stopped updating on Nov 1st. Got in touch with the trader and received multiple replies, but after the current losses decided to postpone the trial until more guidance is presented about the money management rules.
Happy trading,
Remus
2.5 months after having started this thread, lots of the systems advertised here went belly up, while others were deleted or marked private. On Sep 20th I posted a summary with the systems that had multiple signs of trouble, and today I want to summarize the rest of the systems. A couple of them are not even close to wanting me entrust real money to them, but I kept them on my radar since the people seemed serious about trading, and maybe in time we’ll find a match.
SaltyWaters, REAL, https://www.myfxbook.com/members/SaltyWaters/dwaver-v30/160308
Great Pips Expectancy, unfortunately not fitting my needs at the moment because of rather long holding time. But I’m still keeping it in my watchlist.
copett, REAL, https://www.myfxbook.com/members/copett/opera-van-java/107647
Disproportionate lot sizes, maybe for recovery trades. Was trading with 0.02 most of the time, but during the last couple of days killed all the profits by trading 1.0 and 2.0 lots. The account has been deleted now.
Chikot, REAL, https://www.myfxbook.com/members/Chikot/oil-real/136611
Suffered big losses after changing the trading schedule, not trading the account at the moment.
Signalrouters / Dirk, REAL, https://www.myfxbook.com/members/signalrouters/eurusd-hedger/149852
100% DD after 3 weeks, not traded since then.
Kollinger / Oliver, REAL, https://www.myfxbook.com/members/Kollinger/managedaccountpro-10k/120765
Good results for the period I watched this account, but it is marked private now.
FX TopGun Trading / Ben Williams, DEMO, https://www.myfxbook.com/members/FXTopGunTrading/fxtopguntrading/143610
Great Pips Expectancy for the period I watched the account. He deleted this account (said he would do that, and post a REAL one), but cannot find another account in his profile.
Forex Alchemy / Aaron, REAL, https://www.myfxbook.com/members/forexalchemy/forexalchemy-managed-accounts/151113
Good results for the period I watched this account, but it is marked private now.
Ciframaster / Juanmaria, REAL, https://www.myfxbook.com/members/ciframaster/fxcm-55755/151969
Good Pips Expectancy, need to watch for a little longer.
Alanfx1 / Tradingboy, REAL, https://www.myfxbook.com/members/Alanfx1/tradingboy-lab/43576
Had a series of losses in July, which led to a big DD. Other than that, looks good, and I'll watch it for a little longer.
FXDM, REAL, https://www.myfxbook.com/members/FXDM/fxdm/134376
Great Pips Expectancy, need to watch for a little longer. Note: not updated since Oct 2.
Robin Hood Fund, REAL, https://www.myfxbook.com/members/RobinHoodFund/robin-hood-pamm/108473
Weird growth chart for Sep-Oct 2011, considering the DD reported is a lot smaller; will watch it for a little longer.
Will Schaarrand, REAL, https://www.myfxbook.com/members/pipinvestment99/risk-capital-investors-fund/124751
Account profitable, but closed in October. Got in touch with the trader, to explore areas for collaboration.
CuongVC, REAL, https://www.myfxbook.com/members/CuongVC/trackrecord/92703
Superb Pips Expectancy, but trader adds money to the account when in trouble, which changes the whole meaning of stats.
elbe17x / Roland, REAL, https://www.myfxbook.com/members/elbe17fx/elbe7fx/139552
A bit low on the Pips Expectancy front, but otherwise looks good; will watch it for a little longer. Got in touch with the trader, to explore areas for collaboration.
SnapTradeFX, DEMO, https://www.myfxbook.com/members/SnapTradeFX/l000100x-pammexperiment/123063
Very low Pips Expectancy (0.8 pips), other than than, it may have potential if a REAL account would match the results.
Acme Hedge / Tony, REAL, https://www.myfxbook.com/members/acmehedge/acme-hedge-normal-mode-low/164304
Inconsistent money management (advertised 15% max DD for the conservative account linked above, but currently in a 17% floating DD, on top of another 11% realized DD). Also, all accounts stopped updating on Nov 1st. Got in touch with the trader and received multiple replies, but after the current losses decided to postpone the trial until more guidance is presented about the money management rules.
Happy trading,
Remus
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
