Here you will find a full strategy description for QuantFXOpen and all things related to the strategy itself. Many people are asking and Yes, it’s still free as of today! I’m paying the bills and keeping the lights on while you have an opportunity to copy my trades for free. 2nd question I always get is why is it free? I address that and much more in the strategy description further down the page.
Below are some helpful links to stay informed of the latest updates, important changes and weekly results.
TGIF Report-Is a short summary of the trading results of the QuantFXOpen system for the week ending each Friday and also provides an economic weekly calendar of trading events for the upcoming week as is pertains to the currency pairs trading in the portfolio. You may find it here - TGIF Report -
Q-What is QuantFXOpen?
A QuantFXOpen uses a systematic approach that is fully automated to analyze market data with a set of pre-programmed instructions to execute trades once certain price movement patterns have been identified. The Buy and Sell signals generated do not take into consideration any fundamental analysis or macroeconomic views. Instead are based on a proprietary technical trading system to identify profitable trading opportunities in the FX market. The portfolio seeks an absolute return regardless of direction and uncorrelated to other market activities
Q-Why did you create a fully automated trading system and don’t manually trade with discretion instead?
A-I wanted to avoid some of the pitfalls that come along with manually trading such as, human emotions which can overcome a trader into making poor decisions which can lead to very large losses that in most cases can’t be recovered.
Q-Why is it Free?
A- I’m not 100% sold on Auto Copy being a viable solution. There seems to be a disconnect between what subscribers want in return for paying a subscription fee. Subscribers also tend to have very little to no loyalty and hop from strategy to strategy essentially buying high (getting into a strategy when it’s doing good) and then selling low (cancelling the subscription in a drawdown to go and find another strategy). This is the absolute wrong method to investing which will never lead to long term growth, in the end everyone’s time is wasted. So, I decided to do an experiment an expensive one and self-fund the strategy by offering it for free. I wanted to see what the subscriber psychology is when there is no auto copy fee. Will they show more leniency in periods of drawdown and stick around or will they flee just as they would if they had to pay for the strategy. I also hope to gain some additional data from the subscribers such as average account size and trade size. If I can’t give the strategy away and attract a descent number of subscribers then being a signal provider is a doomed business and not one for me to pursue. With that being said I am in the process of setting up a managed account solution for this strategy, where interested individuals with at least 100k can participate in a regulated environment in a managed account program. This will most likely be the viable solution in the end but I want to give C2 an opportunity.
Q-What Risk Management do you have set in place?
A-ALL TRADES ARE PLACED WITH A STOP LOSS. System also uses additional software to monitor all open positions account floating % values and total closed % values with key levels to close out all trades if any of them are hit.
-Q-What Trade Management do you have set in place?
A-System uses several different trade management strategies individually and in combination with each other.
Q- What Money Management strategy do you use?
A-I use a fixed percent per trade. Do not use fixed lots ie .01 for all trades with this strategy as you will not have positive long-term results. Each Algo has Its own risk/reward profile and different trading frequency. There are many times where you could end up negative net pips for the week and still have a profit. How is that? Because those pips that were profitable were of a larger trade size therefore having a larger impact netting a profit even though the total net pips was negative. If you had used a fixed lot size with the above example you would’ve had a loss. Bottom line follow the suggested money management strategy (fixed % per trade) for this strategy and you should be fine.
Q-How much leverage do you use.
A-1:10(All in-max trades opened)
Q-Max open positions.
A-Currently max opened positions would be 4 trades.
Q-What Pairs do you trade?
A-Currently EUR/USD, GBP/USD, AUD/USD, NZD/USD more pairs will be added to the portfolio in 2018
Q-How long do you hold positions?
A-Positions are held anywhere from several minutes/hours to several days, with all positions being closed by the end of the trading day on Friday. There are no positions held over the weekend. Currently the average trading period is 2days.
Q-Do you use any grid techniques in your portfolio?
A-No not at all!
Q-Who would you recommend to follow this strategy?
A- If you don’t have a time frame of at least a year and don’t have the maturity to understand that there will be drawdowns which is part of trading then I would tell you don’t bother subscribing. If you want to throw away the effects of compounding because you want to use this as a personal piggy bank every month then I would say pass as well. This is also not for the gamblers, you know who you are out there. If you’ve been burnt, got caught up in the lure of profits over risk, had your account blown up, followed a strategy that didn’t use a Stop Loss, was full discretionary with no actual trading strategy then this portfolio is for you. It’s about steady growth, with reasonable risk vs return.
There is a substantial risk of loss in trading commodity futures, equities, options and off-exchange foreign currency products. Past performance is not indicative of future results…