TC - Program - ForexTIMOBI, LLC. (Genom ForexTIMOBI)
| Förstärkning : | -11.23% |
| Uttag | 37.19% |
| Pips: | -250.8 |
| Trades | 238 |
| Won: |
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| Förlorad: |
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| Typ: | Verkligt |
| Hävstångseffekt: | 1:50 |
| Handel: | Manuell |
TC - Program - ForexTIMOBI, LLC. Diskussion
Feb 09, 2013 at 11:35
899 Visa
6 Replies
Medlem sedan Oct 31, 2012
2 inlägg
Mar 31, 2013 at 06:22
IMPORTANT CLARIFICATION REGARDING the number of PIPs made and number of Trades identified in the Goals and the stats.
When the trading strategy generates a signal on any currency pair, it is required to open two independant trade orders. This is because there are two different target profit values used and many third party websites do not allow or have the capability to have a partial exit on one trade order.
The need to open two trades for one signal has an impact on the statistical analysis. The key stats that are not a true representation of the trading strategy signals for the number of trades and number of PIPs gain/loss. The true number is half of what is reported.
For example, if it states there were 26 trades made with a total of +500 pips made for the month of March 2013. The true result is 13 trades made for a total of 250pips. The reason for this is each of the two new trade orders for each signal only uses half the lot size (or half the risk percent).
If you have any questions regarding this true evaluation or statistics to truly represent ForexTIMOBI, LLC. signal performance, please contact me.
When the trading strategy generates a signal on any currency pair, it is required to open two independant trade orders. This is because there are two different target profit values used and many third party websites do not allow or have the capability to have a partial exit on one trade order.
The need to open two trades for one signal has an impact on the statistical analysis. The key stats that are not a true representation of the trading strategy signals for the number of trades and number of PIPs gain/loss. The true number is half of what is reported.
For example, if it states there were 26 trades made with a total of +500 pips made for the month of March 2013. The true result is 13 trades made for a total of 250pips. The reason for this is each of the two new trade orders for each signal only uses half the lot size (or half the risk percent).
If you have any questions regarding this true evaluation or statistics to truly represent ForexTIMOBI, LLC. signal performance, please contact me.
Medlem sedan May 04, 2012
1608 inlägg
Jun 14, 2013 at 15:35
(redigerad Jun 14, 2013 at 15:35)
I just wonder why this strategy is traded on a CENT ACCOUNT with 160 USD real investment and about 200 USD real equity...?? Apparently the developer, 'ForexTIMOBI, LLC' has the trust and confidence investing not more than $160(!) of its own money in this commercial strategy.
Calculating with 7.5% average monthly profit you have to invest min. 600 USD just to pay the 45 USD monthly fee to the 'captain'. So to make a 'real' net 7.5% profit per month for yourself, you have to invest (and risk) at least 1200 USD (while your captain is risking only a fraction of it, i.e. 160 USD of his own money...).
So, in case the strategy crashes, ForexTIMOBI, the 'captain', will lose very little and he will have the parachute on his back from the subcribers' fees... 😲
P.S. Be ready for occasional 'deep dives' of the 'aircraft' even to the depth of -240 pips DD...
Calculating with 7.5% average monthly profit you have to invest min. 600 USD just to pay the 45 USD monthly fee to the 'captain'. So to make a 'real' net 7.5% profit per month for yourself, you have to invest (and risk) at least 1200 USD (while your captain is risking only a fraction of it, i.e. 160 USD of his own money...).
So, in case the strategy crashes, ForexTIMOBI, the 'captain', will lose very little and he will have the parachute on his back from the subcribers' fees... 😲
P.S. Be ready for occasional 'deep dives' of the 'aircraft' even to the depth of -240 pips DD...
Bilagor:
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Medlem sedan Jul 05, 2011
305 inlägg
Jun 28, 2013 at 09:39
FxMasterGuru posted:
I just wonder why this strategy is traded on a CENT ACCOUNT with 160 USD real investment and about 200 USD real equity...?? Apparently the developer, 'ForexTIMOBI, LLC' has the trust and confidence investing not more than $160(!) of its own money in this commercial strategy.
Calculating with 7.5% average monthly profit you have to invest min. 600 USD just to pay the 45 USD monthly fee to the 'captain'. So to make a 'real' net 7.5% profit per month for yourself, you have to invest (and risk) at least 1200 USD (while your captain is risking only a fraction of it, i.e. 160 USD of his own money...).
So, in case the strategy crashes, ForexTIMOBI, the 'captain', will lose very little and he will have the parachute on his back from the subcribers' fees... 😲
P.S. Be ready for occasional 'deep dives' of the 'aircraft' even to the depth of -240 pips DD...
Sorry, but I see a deposit of $1,600 USD and not $160. While this is not overly large, it is comparable to other strategies. I'm also not sure what you classify as 'deep dives'. The drawdown of 10% doesn't seem overly large to me when compared to other systems. Maybe I'm missing something . . . can you clarify?
Medlem sedan May 04, 2012
1608 inlägg
Jun 28, 2013 at 10:53
(redigerad Jun 28, 2013 at 10:57)
I was referring to a recent -240 pips DD (as shown by MyFxBook).
With 0.1 lot on a standard (not cent...) account a -240 pips 'dive' equals -240 USD (if I am not mistaken) wiping out a 5+% gain by one trade. In my opinion one trade (or 'basket') should not risk more than 2-3% of the capital.
It is a cent account: If you multiple the traded lots with the gained/lost pips, the net profit is 1/10th of what it should be with a standard account. In other words the developer is risking only 160 USD of his own money. (Just in case the strategy collapses, his losses will be minimal.)
With 0.1 lot on a standard (not cent...) account a -240 pips 'dive' equals -240 USD (if I am not mistaken) wiping out a 5+% gain by one trade. In my opinion one trade (or 'basket') should not risk more than 2-3% of the capital.
It is a cent account: If you multiple the traded lots with the gained/lost pips, the net profit is 1/10th of what it should be with a standard account. In other words the developer is risking only 160 USD of his own money. (Just in case the strategy collapses, his losses will be minimal.)
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Medlem sedan Jul 05, 2011
305 inlägg
Jun 28, 2013 at 15:04
Show me educated on the MyFXBook issue. I did a search and see the problem of misrepresenting accounts goes back to 2009. I would think that the issue would have been corrected by now. This is the first time I have encountered this (that I know of). I'll keep a closer eye on this in the future. Thanks for the info.
Medlem sedan Apr 25, 2013
107 inlägg
Aug 06, 2013 at 07:10
Why did you deleted your 2 last BIG negative trades?
Patience, focus and self-control to win the game with diligence.
Medlem sedan Apr 25, 2013
107 inlägg
Aug 06, 2013 at 07:10
Sorry my friend! Wrong post in the wrong place =S
Patience, focus and self-control to win the game with diligence.
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