The opinions expressed in these forums do not represent those of C2, and any discussion of profit/loss is not indicative of future performance or success. There is a substantial risk of loss in trading. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You should read, understand, and consider the Risk Disclosure Statement that is provided by your broker before you consider trading. Most people who trade lose money.
Hello,
A course has been taken to update the historical maximum (the maximum point was September 19, 2019). We will be there soon. Do not miss the moment.
On February 27, 2020, my system “PFSignal com” (Forex) will be 2 years old here. Summarize on this date. We set goals and define goals.
https://collective2.com/details/116744132
Have a good weekend.
Michael
Hello,
You can see all transactions on my systems “PFSignal com” (Forex) and “FX Products CME” (Currency futures CME Group) in real time, without delays. Previously, the delay was 100 hours.
Michael
Hello,
Next week, we are summing up the 2 years of the system.
Great results. For February 2020, the profit on my system “PFSignal com” (Forex) + 12.7%
https://collective2.com/details/116744132
Michael
Hello,
For 2 years, according to my system “PFSignal com” (Forex), profit + 152.5% (excluding the cost of subscription and the cost of auto-trading services), maximum drawdown - 25.9%.
https://collective2.com/details/116744132
Michael
Hello,
Profit on my system “PFSignal com” (Forex) for 24 months + 152.5%, the maximum drawdown for this period - 25.9%.
https://collective2.com/details/116744132
Example No. 1:
What profit could you earn in 24 months (with a starting amount of 5 000 USD and a 100% scaling)?
Profit for 24 months (excluding the cost of subscription and auto-trading fees) = + 7 627 USD
Your subscription costs = 49 USD * 24 = - 1,176 USD
Your auto trading costs (100% scaling, annual solo tariff) = 390 USD * 2 = - 780 USD
TOTAL for 24 months = + 7 627 USD - 1 176 USD - 780 USD = + 5 671 USD
Profit for the month in USD = + 5 671 USD / 24 = + 236.29 USD
Monthly profit in% = + 4.73%
Example No. 2:
What profit could you earn in 24 months (with a starting amount of 15 000 USD and scaling of 300%)?
Profit for 24 months (excluding the cost of subscription and fees for auto-trading) = + 7 627 USD * 3 = + 22 881 USD
Your subscription costs = 49 USD * 24 = - 1,176 USD
Your expenses for auto-trading (300% scaling, annual tariff for 3 strategies) = (790 USD * 2) / 3 = - 526.67 USD
TOTAL for 24 months = + 22 881 USD - 1 176 USD - 526.67 USD = + 21 178.33 USD
Profit for the month in USD = + 21 178.33 USD / 24 = + 882.43 USD
Monthly profit in% = + 5.88%
Thank you for your interest in my systems and your participation.
Let’s see what the next years will bring to us.
Michael
Example No. 3
Based on the system last year performance - you could average up to (11,300 - 10,400)/12 = 75$ per month (900$ per year) after commissions with the chance of 2.5k$ drawdown in which you can sit for 6+ months.
Hello JITF,
Thank you for your activity. Yes, such an option may also be. Below in the post I will write the most frequent scenario for clients. Drawdowns are not bad, if drawdowns are controlled, drawdowns are normal. Profit is not linear. After growth recession follows, after recession growth. This happens in all areas of our lives.
All the best to you.
Michael
This one of the worst systems here on C2. There is no risk management at all. In fact there is the opposite of risk management. Whenever this system is in losing position it adds more to the position size. If it loses more, then it just keeps adding more. This trader / system can lose over 20% of the entire account just one on trade! The stop loss is useless also as he just keeps moving it up as the loss grows!
30% drawdown. Trading should be stopped now according to previous statements of the trade leader.
It’s over 30% drawdown just on one trade! And the trade is still open! Then there is another trade open which has around 9-10 % drawdown! This one of the worst traders around! I don’t even know if we can call him a “trader”!
Where are you @MAP ? Any comments on the huge losses?
Another system that averages down running into deep losses.
Unfortunately it is not the case here.
Curious as to why your system suddenly went private.
I’m sure it’s doing fine.
Best Wishes.
I checked it yesterday and it was in a drawdown of more than 50%
The drawdown is 62.9%. This guy was taking huge positions (10-15 mini lots ) just to make per trade profits of $20-$30 and keeping a win rate of over 85%!!
If you’re going take only $20-30 of profit per trade why take such big positions?? A trader can make that much profit with just a 1 mini lot position.
There are some traders who average down a losing position and do ok, but this guy was increasing positions every 1-2 hours when the trade was going against him. If the market is sprinting against you, at least wait 1 or 2 days to average down not 1-2 hours!
“The system is not martingale”
“Risks are always monitored”
“Stop loss is set for each trade”
Can’t say I didn’t warn folks for months about this guy.
Hello,
Sorry for the delay and terrible results. I will write details on the current situation later.
Thanks for the support.
Michael
Why have you made the strategy private?
Hello MaxTor,
Trading on the system “PFSignal com” (Forex) will continue, the subscription is free. The system is open to the public. I will write all the details and answers to your questions later.
https://collective2.com/details/116744132
Michael
I see that yesterday again you made a trade on the EUR/USD where you opened up 8 mini lots just to make a profit of $55 on the trade! You started with 1 mini lot and increased the position size every few minutes! Why do you need just a big position for only a $55 profit? You can make that much with just 1 mini lot. The way you are trading and increasing position sizes in your trades, it’s just a matter of time before there is another huge losing trade.
