The track record is obviously not achievable with real money. But trade size should be reduced instead of being increased which is why the returns keep escalating.
A 70% drawdown with over 300k loss since the equity peak highs. A highly risky and overleveraged system. 
The problem is there seems to be no stops in this system. Just swing trading without stops.
Just like strategy for ym. As long as they keep adding to the losing position, any retracement will keep this thing alive. Sad but true.
Why have stoploss? It’s only paper money. If it goes bust, then just reset like last time and rinse and repeat. The amount of sub fee they make just in 3-8 months it’s all worth it to these guys.
3 Likes
@OSUTIA, its so very true. 
There nothing wrong with adding to losing positions or avg down. But not when you are under diversity. I own Apple, wynn and Netflix. I add to the position all month of Oct. but that is 3 of my 28 stocks I own. If I only hold ym or Es in my portfolio, having all my egg in 1 backet and avg down on pull backs, any pullback lady more than 4 week I would have lose half or everything.
2 Likes
@OSUTIA, you should look at using options as stop losses to hedge against large moves down.
1 Like
So where did he go wrong? I think he went short on AUD/CAD and lost (as one of many options). Here is a fun table that show how much he invested in which assets over his time.
| Count | CountAll | CountAsset | CountAssetAll | Sum | SumAll | AvgCount/Sum | AvgAsset/Sum | CountShort | CountLong | |
|---|---|---|---|---|---|---|---|---|---|---|
| AUD/CAD | 9 | 72 | 126 | 6015 | $ 2.949,00 | $ 82.980,00 | $ 327,67 | $ 23,40 | 9 | 0 |
| AUD/CHF | 13 | 786 | $ 12.904,00 | $ 992,62 | $ 16,42 | 10 | 3 | |||
| AUD/JPY | 23 | 3000 | $ 47.362,00 | $ 2.059,22 | $ 15,79 | 8 | 15 | |||
| AUD/NZD | 10 | 906 | $ 2.545,00 | $ 254,50 | $ 2,81 | 3 | 7 | |||
| AUD/USD | 17 | 1197 | $ 17.220,00 | $ 1.012,94 | $ 14,39 | 12 | 5 | |||
| CAD/CHF | 13 | 25 | 1005 | 2435 | $ 6.751,00 | $ 18.340,00 | $ 519,31 | $ 6,72 | 4 | 9 |
| CAD/JPY | 12 | 1430 | $ 11.589,00 | $ 965,75 | $ 8,10 | 8 | 4 | |||
| CHF/JPY | 22 | 22 | 2563 | 2563 | $ 35.864,00 | $ 35.864,00 | $ 1.630,18 | $ 13,99 | 13 | 9 |
| EUR/AUD | 21 | 152 | 1449 | 13142 | $ -5.921,00 | $ 128.395,00 | $ -281,95 | $ -4,09 | 13 | 8 |
| EUR/CAD | 8 | 396 | $ 3.100,00 | $ 387,50 | $ 7,83 | 5 | 3 | |||
| EUR/CHF | 1 | 5 | $ 106,00 | $ 106,00 | $ 21,20 | 0 | 1 | |||
| EUR/GBP | 17 | 1580 | $ 5.775,00 | $ 339,71 | $ 3,66 | 13 | 4 | |||
| EUR/JPY | 33 | 3012 | $ 58.548,00 | $ 1.774,18 | $ 19,44 | 26 | 7 | |||
| EUR/NZD | 22 | 1635 | $ 14.178,00 | $ 644,45 | $ 8,67 | 8 | 14 | |||
| EUR/SEK | 20 | 1612 | $ 18.113,00 | $ 905,65 | $ 11,24 | 17 | 3 | |||
| EUR/USD | 30 | 3453 | $ 34.496,00 | $ 1.149,87 | $ 9,99 | 16 | 14 | |||
| GBP/AUD | 12 | 114 | 1363 | 11619 | $ 4.414,00 | $ 157.352,00 | $ 367,83 | $ 3,24 | 9 | 3 |
| GBP/CAD | 12 | 604 | $ 11.922,00 | $ 993,50 | $ 19,74 | 7 | 5 | |||
| GBP/JPY | 33 | 4300 | $ 69.287,00 | $ 2.099,61 | $ 16,11 | 22 | 11 | |||
| GBP/NZD | 32 | 2495 | $ 39.075,00 | $ 1.221,09 | $ 15,66 | 11 | 21 | |||
| GBP/USD | 25 | 2857 | $ 32.654,00 | $ 1.306,16 | $ 11,43 | 13 | 12 | |||
| NZD/CAD | 9 | 71 | 465 | 8219 | $ 7.411,00 | $ 65.536,00 | $ 823,44 | $ 15,94 | 6 | 3 |
| NZD/JPY | 40 | 5678 | $ 31.353,00 | $ 783,83 | $ 5,52 | 22 | 18 | |||
| NZD/USD | 22 | 2076 | $ 26.772,00 | $ 1.216,91 | $ 12,90 | 12 | 10 | |||
| USD/CAD | 32 | 134 | 4892 | 13833 | $ 36.242,00 | $ 178.687,00 | $ 1.132,56 | $ 7,41 | 14 | 18 |
| USD/CHF | 14 | 1035 | $ 10.100,00 | $ 721,43 | $ 9,76 | 9 | 5 | |||
| USD/JPY | 25 | 2859 | $ 37.465,00 | $ 1.498,60 | $ 13,10 | 15 | 10 | |||
| USD/MXN | 22 | 1216 | $ 26.530,00 | $ 1.205,91 | $ 21,82 | 9 | 13 | |||
| USD/NOK | 20 | 980 | $ 17.534,00 | $ 876,70 | $ 17,89 | 6 | 14 | |||
| USD/SEK | 16 | 2800 | $ 45.530,00 | $ 2.845,63 | $ 16,26 | 10 | 6 | |||
| USD/ZAR | 5 | 51 | $ 5.286,00 | $ 1.057,20 | $ 103,65 | 1 | 4 |
