OSUTAI, what strategies do you like here?
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Pm me, I will tell u what Iām current subscribe to. Not trying to promote any one of them. 3 I had a long time, 3 is brand new i just sub to recently.
It was on other resources. Here I started the signal provider recently for 2018, the profit is already more than + 35%. Coupon discount on my signal (116744132) 30 transactions for free. UGGI29444 (the coupon is valid until May 19, 2018)
Just so everyone is aware - this is straight martingale. He can put whatever numbers he wants on his website, but his strategy is just to take small gains on winners and average into losing trades until they turn around (hopefully) on losers. The EURUSD (15% DD) and USDJPY (20% DD) trades on 3/21 are perfect examples of this.
This is textbook martingale my friends. Unsustainable and will eventually blow up.
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@DogZebra_Investing I was wondering why it took look so long for you to comment 
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You just envy me. You are not right. The account at first was aggressive with time the aggressiveness would be less. The goal is to show a return of + 60 + 80 per year.
Experience of trading on FOREX since 2006. Plans and goals for the future are getting Appointed representative (AR) status in the UK, managing investorsā accounts in a legal framework through managed accounts - MAM accounts, with reliable brokers with jurisdiction in the UK, Switzerland, Germany. In the future, we plan to transform the company into a hedge fund.
What I trade: GBPUSD, EURUSD, AUDUSD, USDJPY, USDCAD, USDCHF.
My results for the period from 2011-2017 MAM-accounts | 2011 + 12,11% | 2012 + 105.51% | 2013 + 272.49% | 2014 + 182.49% | 2015 + 121.17% | 2016 + 65.57% | 2017 + 18.24%.
I donāt think he envies you Mikael as he was quite a good trader in the past and probably could do it again if he felt like it. Heās just bringing attention to what is clearly evident if you just look at the details of your trades.
We see 34 closed trades out of 41 as youāve chosen to delay the results by 72 hours. Of the 34, 23 (67%) employ Martingale = adding to losing trades in the hope they will come back to a profit. Thatās an enormous percentage and clearly shows itās your habit as a trader. Youāve been lucky so far.
Do you really think you can sustain this approach, when nobody else in C2 history has been able to do so?
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You are in a hurry with the conclusions about the quality of my trade by analyzing less than 100 trades. Are not you funny? Itās obvious that it will not tell you anything. I have been trading profitably for 7 years using this method. Therefore, I can show it here too - profitable trading. Time will tell. Have a nice weekend.
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i can say right now there is a lot of NEW system that started after first week of Feb. why ? thats usually because their old system busted and came back with a new name or its a smart idea to start a new system here right after a correction. i know going forward i might start looking into systems that survived 2/2 - 2/6 or wait until they have 6-8 mon track record hope to see how the system handle a pullback/stress times.
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Yep. This will inevitably make a lot of $$ for people until it doesnāt. Then all gone when luck runs out. May run for a year, may not. Now if these folks that trade martingale systems would instead of rolling all the profits into the next trade simply trade with the same capital over and over again, they would be able to handle any sort of bad trade that will happen, but pretty much all of them do not do this. Rolling it into the next trade makes it so impressive on the C2 graph and gets the subs. Anyhow to each his own.
Just because you roll your profits doesnāt mean the system is martingale, every single fund in the world compounds their trades profitsā¦ and given if your system is % size based it doesnāt really matter as you are taking the same risk.
If you donāt scale your trade size and keep it the same amount your performance/DD will go down to basically meaningless.
Martingale is doubling down on your losses and thatās the only definition for it.
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I agree, rolling your profits does not mean the system is a MartinGale.
You can have an M.G. Strat regardless if you roll your profits into the next trade or not.
I equate a Martingale strategy akin to a trader ātrying to catch a falling knifeā. He has no clue where the bottom is he simply keeps buying lower thinking the equity has hit the bottom and is ready to turn around. They keep averaging down until they have no more $$.
I was simply stating that a M.G. strategy rolling profits into the next trade is a much larger risk than not rolling the profits in.
Check out all the systems out there that are doing M.G.'s that are compounding and what happens when their luck finally runs out. The strategy owner (unless TOS) does not care that the account was blown out; then talk to the sub and see if he/she cares. Strategy owner simply shuts down, reopens again with a new strategy. Subscriber is broke.
If that same system would have not compunded, the strategy and the Sub would have lived to fight another day.
However like I mentioned there is a reason why Strategy Owners roll the profits in; to look good to new subscribers who don;t know any better.
Preservation of capital is I would say one of the top rules to successful longevity in the market. Rolling profits into a M.G. strat is a sure fire way to ignore this key fundamental of trading.
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Each trade has a stop-loss. I have no one to hide from. I have not merged a single investor account here. What are you writing here? Specialists are crocheted.
Experience of trading on FOREX since 2006. Plans and goals for the future are getting Appointed representative (AR) status in the UK, managing investorsā accounts in a legal framework through managed accounts - MAM accounts, with reliable brokers with jurisdiction in the UK, Switzerland, Germany. In the future, we plan to transform the company into a hedge fund.
What I trade: GBPUSD, EURUSD, AUDUSD, USDJPY, USDCAD, USDCHF.
My results for the period from 2011-2017 MAM-accounts | 2011 + 12,11% | 2012 + 105.51% | 2013 + 272.49% | 2014 + 182.49% | 2015 + 121.17% | 2016 + 65.57% | 2017 + 18.24%.
What is the size of your stop loss?
ditto @JITF
Curious stop-loss approach. On Mar 21 he opened two trades that lasted a week (long USDJPY, short EURUSD). For the short trade, he opened with one contract, then as price rose against the trade he added another one, then another one, then another one until he was in for four contracts (all on Mar 21). Similarly with the long trade, he opened with 3, and added 2 more as the price dropped against him, then 2 more early on Mar 22 for 7 contracts. Then nothing, he sat on these two losing trades while the account took a 20% drawdown over two more trading days and a weekend and then a Monday, until on Tuesday Mar 27 when he added two contracts more to the losing short trade (it had risen further), and then 4 more contracts on Mar 28. Both trades closed on Mar 28th, at a modest loss (long) and very modest gain (short) considering the 10 contracts in the trade.
So where exactly was stop-loss applied? And to what - perhaps applied to the latest average price in each trade? Looking through the details of the trades, there is not one time a trade was stopped out at a loss, but the record of averaging down in losses is profound. Iām not a trader of FX, I canāt tell much except that heās such an amazing trader that he never seems to get stopped out.
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Stops have been promoted on C2 as the chalice which holds the nectar for the holy grail. If you are a developer who claims to use stops the faithful will kneel to kiss your feet and anoint you with oils.
However, many who claim to use stops are always moving them so as not to get hit or set them so far away they are never hit. Iāve seen ES day trading strategies with stops set 100 points away or more. Really?
Different. Depends on the situation. Stop-loss is always - this is the law in my trade.
Ok, what is the min and max stop loss?
With martingale strategies like this, stop loss = margin call = account all gone.
Pretty simple really.
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Profit on my system + 41.4% for 3 months.
My results for the period from 2011-2017 MAM-accounts | 2011 + 12,11% | 2012 + 105.51% | 2013 + 272.49% | 2014 + 182.49% | 2015 + 121.17% | 2016 + 65.57% | 2017 + 18.24%.
