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Latest Trades

 Kilimanjaro
Closed a Short NZDUSD trade
Gained +0.079% (6.10 pips)

6 minutes ago

 Kilimanjaro
Closed a Short NZDUSD trade
Gained +0.083% (6.40 pips)

6 minutes ago

 Dilong
Closed a Short USDJPY trade
Gained +0.011% (2.40 pips)

28 minutes ago

 NightProfit ICMarkets
Closed a Long EURAUD trade
Lost -0.04% (1.00 pips)

34 minutes ago

 Arion by Odysseia Capital
Closed a Short USDJPY trade
Lost -0.002% (0.90 pips)

55 minutes ago

 Newage Standart
Closed a Long EURAUD trade
Lost -0.034% (1.10 pips)

1 hours ago

 Upiter Night Profit
Closed a Long EURAUD trade
Gained +0.581% (4.80 pips)

1 hours ago

 Metamorphosis
Closed a Long USDCHF trade
Gained +0.03% (14.80 pips)

1 hours ago

 Newage Standart
Closed a Long EURGBP trade
Lost -0.265% (-2.40 pips)

1 hours ago

 NightProfit ICMarkets
Closed a Long EURGBP trade
Lost -0.179% (-2.50 pips)

1 hours ago

 Blackwave Alpine MAM
Closed a Long AUDUSD trade
Gained +0.133% (14.90 pips)

1 hours ago

 MHD
Closed a Long EURJPY trade
Gained +0.23% (6.00 pips)

1 hours ago

 Upiter Night Profit
Closed a Short EURAUD trade
Gained +0.737% (5.80 pips)

1 hours ago

 Upiter Night Profit
Closed a Long EURAUD trade
Lost -0.286% (0.10 pips)

2 hours ago

 YCN FX
Closed a Long EURCHF trade
Gained +0.078% (3.80 pips)

2 hours ago

 YCN FX
Closed a Long EURCHF trade
Gained +0.054% (2.60 pips)

2 hours ago

 YCN FX
Closed a Long EURCHF trade
Gained +0.049% (2.40 pips)

2 hours ago

 YCN FX
Closed a Long EURCHF trade
Gained +0.072% (3.50 pips)

2 hours ago

 Some pips are enough
Closed a Long EURGBP trade
Lost -0.673% (-6.40 pips)

3 hours ago

 Arion by Odysseia Capital
Closed a Short GBPUSD trade
Gained +0.041% (4.50 pips)

3 hours ago

 Fx Charts System
Closed a Long EURJPY trade
Lost -0.023% (-14.00 pips)

3 hours ago

 Fx Charts System
Closed a Long EURJPY trade
Gained +0.136% (87.00 pips)

3 hours ago

 Optimized scalper
Closed a Long CHFJPY trade
Gained +0.044% (2.20 pips)

3 hours ago

 NightProfit ICMarkets
Closed a Long GBPUSD trade
Gained +0.223% (8.00 pips)

3 hours ago

 Some pips are enough
Closed a Short EURGBP trade
Gained +0.125% (1.80 pips)

4 hours ago

 Kilimanjaro
Closed a Short NZDUSD trade
Gained +0.066% (4.90 pips)

6 hours ago

 Kilimanjaro
Closed a Long AUDNZD trade
Gained +0.214% (11.40 pips)

6 hours ago

 Fx Charts System
Closed a Long EURGBP trade
Gained +0.23% (31.00 pips)

6 hours ago

 Moja
Closed a Short GBPUSD trade
Gained +0.013% (10.40 pips)

7 hours ago

 Dilong
Closed a Long USDJPY trade
Gained +0.01% (2.10 pips)

7 hours ago

 Moja
Closed a Short GBPUSD trade
Gained +0.009% (7.90 pips)

9 hours ago

 Metamorphosis
Closed a Long USDCHF trade
Gained +0.01% (9.80 pips)

9 hours ago

 Metamorphosis
Closed a Long USDCHF trade
Gained +0.001% (1.40 pips)

9 hours ago

 Metamorphosis
Closed a Long USDCHF trade
Gained +0.019% (9.50 pips)

9 hours ago

 Kilimanjaro
Closed a Short AUDUSD trade
Lost -0.345% (-25.60 pips)

9 hours ago

 Blackwave Alpine MAM
Closed a Long EURGBP trade
Gained +0.147% (12.80 pips)

10 hours ago

 Blackwave Pacific
Closed a Long EURGBP trade
Gained +0.118% (12.30 pips)

10 hours ago

 Blackwave Pacific
Closed a Long EURGBP trade
Gained +0.535% (52.10 pips)

10 hours ago

 Blackwave California
Closed a Long EURGBP trade
Gained +0.036% (11.70 pips)

10 hours ago

 Blackwave California
Closed a Long EURGBP trade
Gained +0.186% (55.90 pips)

10 hours ago

 Blackwave California no limit
Closed a Long EURGBP trade
Gained +0.036% (11.70 pips)

10 hours ago

 Blackwave California no limit
Closed a Long EURGBP trade
Gained +0.186% (55.90 pips)

10 hours ago

 Blackwave Alpine MAM
Closed a Long EURGBP trade
Gained +0.649% (52.90 pips)

10 hours ago

 Blackwave Pacific No Limit
Closed a Long EURGBP trade
Gained +0.118% (12.30 pips)

10 hours ago

 Blackwave Pacific No Limit
Closed a Long EURGBP trade
Gained +0.535% (52.10 pips)

10 hours ago

Traders Activity Feed - Live

Filter: All Following
Posted by Satang FX Forex LARGE ACCOUNT
7 hours ago - Growth: 27.39% - Drawdown: 6.74%

muskokaman, yes thats correct as per the master.

Hi PontusLSE,

The automatic close is based on the entire account master, and includes all open positions, when I stated 6% this is based on the master, when you advised 6.5% perhaps you were observing the mam, or your personal account, the mam yes that has pushed beyond 6% however the mam is running at 1.5 x risk.

https://www.myfxbook.com/members/Sat...ccount/2310608

https://www.myfxbook.com/members/Sat...unt-15/2310656

For my ea to force a close on the aud cad this means equity needs to be at 94%,

To be honest this dd keeps me awake at night, and yes I am stressing out a bit, I am aware that you have encountered dd in your trail period, and yes i saw your paypal payment come though today. I will issue a months refund/payment to the value of your monthly subscription(180/3 = 60), on the basis, I cut at 6%, in my previous post.

The strategy as described yes "adds to losers" and averages in and out, and while some people think this is a dangerous game it must be take into perspective, the deadly/stupid scenario and the structured scenario.

The deadly scenario is whereby people add into the losing position until they blow up,

The structured scenario is whereby I understand risk and leverage, and know when the cut the losing trades with minimal loss, take time to regroup then re enter the market, also you may notice my lot sizes are small that in most cases allow large swings without sustaining too much damage to my account, at the moment I am leveraged about 1:5, being for my risk appetite just over the comfortable area.

I have seen many traders blow up accounts with averaging, and this is why I have employed a hard stop loss at 6% based on the total account as the aud cad this is producing the most exposure.

The aud nzd, as you can see in a post on the forums I was going to go short at 1.1 you can check the date of the post and timing on the charts, however I thought I could squeeze and extra 10 pips on the up side, I should have stuck with the short as advised on the forums but this was a mistake, for this I apologise.

The usd cad was a hedge against the aud cad for the data on Wednesday night, while it initially worked in my favour the usd rally continues thus rendering the hedge currently useless.

Moving forward I will continue to hold all baskets being the aud cad, usd cad and aud nzd,

In most cases this strategy works about 75% of the time however in this instance all pairs are currently working against us, Yes this is very annoying and I can understand your frustration, so this i am very sorry,

I have about 800k persoanlly on the line and trade fulltime, I dont want to sugar coat anything so yes this dd is emotionally affecting me, im not the type of trader that puts up a wall when in dd and ignores everyone.

I hope you can understand,

Kind Regards,


News Article Posted by Some pips are enough
1 days ago - Growth: 132.05% - Drawdown: 12.90%

I reduce risk again / still 5% monthly profit vs. DD of 2.2%

After increasing the risk per trade two weeks ago, I decided to return the risk per trade to the original 2% per trade. I want to keep driving at a low risk.
Since the system adjustment at the beginning of June this year, the result is still at 5% per month vs. a drawdown of 2.2%.

Posted by SDI
2 days ago - Growth: 127.16% - Drawdown: 12.30%

Dear ladies and gentlemen.
Profit is 0.44% since 4 to 8 December


Posted by Satang FX Forex LARGE ACCOUNT
4 days ago - Growth: 27.39% - Drawdown: 6.74%

Hi All,

Update, I know I am reaching the 5% dd mark and this is annoying. I currently have a floating dd of just under -40k across all my accounts, being the master and other personal accounts, this does not include the MAM.

As you can see I have not endured this amount of dd over an extended period of time since inception of this signal.

I have activated a hard stop loss/close all trades on the aud cad if max dd on the overall account reaches 6%,

Please note this does not affect the other pairs, but if the other pairs push he master to 6% dd the aud cad will be closed with a loss,

Also I cannot predict when this will happen as I know some people wanted advance notice, as this may happen when I am sleeping, I did advise previously I would cut the aud cad basket manually when it reached 5-6% however now that we are literally 5% dd, I want to make sure I guarantee to what I have stated to everyone, while I might be awake when this happens and then yes I can post and email people who wanted advanced notice, yet if I am asleep this will be automatically executed on my EA,

Ive decided if the above scenario happens, and I am not able to break even on the master for December I will issue a months refund/payment to the value of your monthly subscription, so for the people who are on monthly thats simple, and for the people who are on 3 months at 180, the value will be 60, and per the people on 6 months that will be 50.

I would generally let this push out to 10-20% however my responsibilities have changed and I need to protect your accounts,

Please let me know if you have any questions,

Best Regards,

Satang FX / minkw


Posted by Outside the Box
4 days ago - Growth: 1243.71% - Drawdown: 44.11%

I have received many messages so again I will write here to assure you that I continue with the same strategy that accomplished the gains so far.

All the negative and harsh feedback does not accomplish a good end. So please be confident that drawdowns are a normal part of trading and also have been factored into my Trade Strategy, Risk Management, Probability, Profit factor, Risk/Reward, and Risk % of each trade and basket of trades.

As I have said in the past when I have had a loss, these times come, and I continue to study about when and how my losses occur.
In order to make enough profit to cover subscription fees and to profit from a fund, you must stay invested at least 3 to 4 months and then make your assessment taking into consideration a good sufficient period of time.
This is the nature of trading and the professional approach to take.

The AUDUSD pair had abnormal features and factors at the time I traded, and I am re-assessing how to avoid that environment in the future and how to mitigate risks. I talked to a London trader and he told me that many market players were using trailing stop losses on the AUDUSD, and any xxxUSD pair, in the 4 days leading up to Non Farm Payrolls report released on Friday USA time. This affected the natural rhythm of the patterns that normally occur, and I decided to cut the risk before it worsened heading into a risk event like NFP.

I have recovered from 20% and 30% before. This time it is 9% which shows that I am growing in my management to not accept such large losses.

I of course will employ the same grit, analysis, hard work, and commitment to recover this time as I have done 3 or 4 times just this year.

Please be attentive to the overall curve, and how it is unproductive to jump on my case when it was not intended and I was only trading the same plan I have traded up to this point and that I have communicated from the start on my signal and Fund descriptions.

If you have any other comments or questions, I'd be happy to explain.


Gregory: My plan is to re-enter the AUDUSD basket once the market confirms a bottom on the daily and weekly timeframes and we will recover with that mean reversion after Non Farm Payrolls report Friday and also a bit of EURAUD scalping mixed in
Posted 4 days ago - Like (0)

Brett: Previous week - High/Low in pips - AUDUSD=93 pips - GBPJPY=551pips. An example of how AUDUSD is typically a low volatility pair. AUDUSD Has for about 2.5 years been fairly range bound and steady - a good safe pair to trade. But of course - no one knows whats just around the next corner. I tend to not completely close out my baskets - but instead drop the worse trades and wait for the mean reversion - but need to use increasing lot sizes and take profits on each trade in the basket.
Posted 3 days ago - Like (0)

Chris: This is the problem with scalping you can't be consistent enough for the long term. Big DD's will occur because you have to increase you lot sizing when scalping for 5-10 pips at a time. I see this all the time, scalpers take small profits and then they let losers run and things get out of hand quickly. Example, FX Viper.....
Posted 3 days ago - Like (0)

Chris: For me the only way to be consistent for years is swing trading with micro lots, it will give you enough room to breathe if a pair moves against you.
Posted 3 days ago - Like (0)

Posted by FX Magician Aggressive High Risk
5 days ago - Growth: 2559.65% - Drawdown: 65.97%

Hi Guys,

New 3 month subscription option is now available.


Posted by Satang FX Forex LARGE ACCOUNT
6 days ago - Growth: 27.39% - Drawdown: 6.74%

Strategy update for everyone,

This has also been posted on the fs forum:

https://www.forexsignals.com/forum/forum/signals-from-forexsignals-simpletrader/signals-from-simpletrader-network/92428-satang-fx-signal-mam-minkw/page3

the usd cad positions are a partial hedge for tonight's boc announcement, so regardless of the data we should book pips in any direction, however the main goal here is still to exit the aud cad at break even, we have been so unlucky over the last month with news pounding us constantly into the ground.

The aud nzd as you can see we have been able to book some very nice pips, I changed my bias to long on the hourly, as I was trying to pick the bottom however so far a little unsuccessful, its currently showing signs of a pull back and if price reaches 1.1 I will close out either by scaling or averaging, but then go short again.

The exposure on the usd cad and aud nzd is minimal so I dont foresee any issues currently.

ADP wont move the market as much, so I dont see this as a threat to our accounts, several years ago ADP and NFP really moved the markets, but now as their more participants liquidity is comparably better.

On a positive note December gross profit has been great so far with 1.01% gain on the master and 1.58% in the MAM and we still have about 3 weeks to go.

I am contemplating If I can achieve a 4%+ return for this month with dd lesser I may close the aud cad with a loss, so basically attempt to break even, for the people who dont have the aud cad open you will be fine and still retain the profits. I considered doing this last month however I had several people join near the end of last month so I didnt want to damage their accounts, as stated in one of my earlier post we were able to achieve a NET equity return of 2.55% on the master hence still carrying this dd.

Best Regards,

Satang FX / minkw

edit: aud nzd almost out, timing was a bit off


Posted by Satang FX Forex LARGE ACCOUNT
8 days ago - Growth: 27.39% - Drawdown: 6.74%

Hi All,

Monthly update for November, first let me address the elephant in the room, the aud cad dd is ongoing and dragging on like we are treading water, we were literally about 10 pips away from break even on Thursday, yet with cad gdp on Friday night we have taken a few steps backwards, well to be honest we are back at the latest entry, so square one, yes this is annoying and keeps me awake at night, just when we think we can exit the basket news keeps pushing price against us, we are now back at strong support and I expect again a decent pull back or full reversal, we witnessed this over the last 7-10 days.

I know this is annoying however as advised in my previous posts I will manually cut this basket if we reach 5-6% dd, I really don't want to exceed the max historic dd,

On a positive note, for November the master achieved a gross return of 4.2% and the MAM running at 1.5 x Risk returned 5.75%, the risk multiplier does not reflect accurately as the master and MAM are with different brokers, also the MAM with BlueBerry Markets(STD) is based on slightly higher spreads than the master with IC Markets(ECN).

Even with the current draw-down we still achieved a NET EQUITY return of 2.55% on the master for November, and 4.08% for the MAM,

Last nights cad gdp worked well with the synthetic hedge, regardless of the data we would have booked pips in both directions, while the usd cad basket was closed and we gained additional pips in the correct direction, I was actually hoping we could have closed the aud cad basket instead(to take risk off), and naturally booked pips in the other direction.

Moving forwards, I will continue to hold the aud cad basket and continue to trade the aud/nzd and usd/cad,

I would like to thank all the subs and people in the MAM for your confidence,

Please let me know if you have any questions,

Best Regards,

Satang FX / minkw


Posted by Impulse
10 days ago - Growth: 45.50% - Drawdown: 10.62%

We ended the month of november with 2.75% gains.

https://www.myfxbook.com/members/fidelitas/impulse-signal/2182459


John: You con can you stop showing off your results here esp when you don't even allow subscribers?
Posted 10 days ago - Like (5)

Posted by SDI
11 days ago - Growth: 127.16% - Drawdown: 12.30%

Dear ladies and gentlemen.

Profit for November is 2.4%. Total yield is 125.4%

https://www.myfxbook.com/members/websmith/sdt/1928764


Posted by TurboTrendFx
13 days ago - Growth: 14.04% - Drawdown: 2.61%

Posted by Outside the Box
13 days ago - Growth: 1243.71% - Drawdown: 44.11%

Great advice from Andrew Lockwood of ForexSignals.com --
1) structure and rules for FX trading
2) Technical analysis combined with Fundamental understanding
3) Price Action
4) Being disciplined and knowing your system
https://lnkd.in/f6D3Jhe

This is how I trade too for my 40 Fund clients and 95 trade copying subscribers.
** By the way, check out Marcos @Maxima Investments too
Different style but he knows what he's talking about
https://lnkd.in/fj_GrJE


Posted by Outside the Box
16 days ago - Growth: 1243.71% - Drawdown: 44.11%

Over 3% this past week.
4.5% for the month.
Continuing to recover from all types of drawdowns.

Just wanted to start the week off by giving you a complete list of all the information I have made available about my life and my work as an "outside the box" Forex Trader, Fund Manager, and Trade Copying Provider.

Two new statistics breakdowns I have added:
https://www.fxstat.com/en/performances/view/Outside-the-Box---Master-Account-84720
https://www.fxblue.com/users/outsidetheboxhk

See the full comprehensive update at Donna Forex:
https://donnaforex.com/index.php?topic=19712.msg372015#msg372015


  View 1 more comments

Gregory: Hi Hanjo. The weekly on the AUDUSD is ready for buy. And the downtrend line was broken and now prices are re-testing the bottom of the broken trendline. Patience is needed in these types of setups.
Posted 5 days ago - Like (0)

Hanjo: Thanks Greg. Appreciate the feedback.
Posted 5 days ago - Like (0)

Gregory: The Aussie dollar also is still technically an uptrend on the daily timeframe. higher lows, higher highs. therefore, buy the lows. this is the mentality you bring to trading, buy when others are selling, with the correct money management and emotional fortitude.
Posted 5 days ago - Like (0)

Hanjo: Lets just hope we don't drop down to the SL on this basket. Fingers crossed.
Posted 5 days ago - Like (0)

Gregory: Please see post from today where I explain the current loss and how I am approaching it professionally and meticulously.
Posted 4 days ago - Like (0)

Posted by Some pips are enough
19 days ago - Growth: 132.05% - Drawdown: 12.90%

Here you can see my performance since June of this year that I mentioned in my news article below.


News Article Posted by Some pips are enough
19 days ago - Growth: 132.05% - Drawdown: 12.90%

Increasing risk per trade

Dear traders,

I would like to inform you that I will increase the risk for my signal from 2% per trade to 3% per trade with the beginning of the next week.

The background is the following. Please have a look at my myfxbook statement:

https://www.myfxbook.com/members/forexgarden/some-pips-enough/1808345

As you can see since I made some changes in my strategy in June I made a monthly profit of 5% vs. a max DD of 2.2%. Therefore I think it is arguable to increase the risk per trade.

If you do want to follow with the previous risk you can configure this in your individual setting inside the member area of connectforex.

Kind regards,

Tobias

Posted by Outside the Box
25 days ago - Growth: 1243.71% - Drawdown: 44.11%

Here at Outside the Box, we take responsibility for success and failure.
We care for people first, money second. Live and let live. Ponder your own behavior and your own life carefully, before you DO or SAY things carelessly and unwisely. Yes, that includes my trading, my communication, and how I manage my Fund Management and Trade Copying business.
I am learning, ever learning, and progressing inch by inch.

1. Physical and Emotional Health (including spirituality)
2. Secondary trade strategies
3. Better Risk Management
4. Risk / Reward ..... letting "winners" ride longer and cutting "losers" more quickly (and how to identify a "loser")


Posted by Satang FX Forex LARGE ACCOUNT
27 days ago - Growth: 27.39% - Drawdown: 6.74%

Dear All,

I was surprised I received a question from a potential sub, as I was expecting their would be little interest in my signal due to the current drawdown, since the dd I have only lost one sub, I initally thought everyone would have jumped ship howver it seems not the case,

I have posted below a question I received to a potential sub as he asked me if it was a good time to join,

__

While its always generally better to join a signal when the master account is in DD, however if you read the post the aud/cad basket is reaching my personal uncomfortable level, while the max advertised dd is quite far off, I am considering to cut the aud/cad basket if it reaches 5-6% as I am a very cautious trader and as you can see I have quite a bit on the line,

If you did decide to subscribe, you have two options, 

1. you can disable the aud/cad pair and copy the aud/nzd and usd/cad pairs that are doing well, then enable the aud/cad once I recover or cut the basket, 

2. you could decide to enable the aud/cad pair and you would be loaded somewhat heavily long, or you could immediately close the majority of the positions and let me manage a few, the amount is up to you and you should consider the amount of risk your willing to take.

My personal suggestion is option 1, you is to wait until I cut the aud/cad or recover, the flipside is, as I am trying to average out of the basket, and if successful you would have missed out on gaining a great deal of profit,

I hope that makes sense and let me know if you have any further questions,

Best Regards,

Satang FX
www.satangfx.com
invest@satangfx.com

​​​​​​​ps, sorry if it seems like im spamming and banging on a bit, but I feel I should be as informative as possible,


Posted by Outside the Box
27 days ago - Growth: 1243.71% - Drawdown: 44.11%

Ok terrible day for Outside the Box. Prices moved way too fast. A lot of off balance sentiment towards USD
I know we'll have a lot of explaining to do but I am trying to limit the damage the best I know how.
4H timeframe killed me. I will recover as I have done in the past. Just let me know if you need a more in depth explanation for clients and I will give one. I am still in the thick of it. about -12%
So not as deep as other DD's
All I can say is the environment was not suited to my strategy and I got the analysis wrong. And I will work methodically to recover damages.


  View 9 more comments

Brett: I think where Gregory lost some respect was with his early attitude on the site here - he started bragging and talking about subscription price increases and restricting followers to a PAMM and making some mildly arrogant comments towards ST users and then.... losing trades and messages which sounded like he was more of just a new learning trader. I think that that was the problem in the beginning - big talk and short term inconsistant results. But anyway - It seems that Greg will be here to fight it out and is obviously writing now with a more humble and professional way. Outside the box - Its an interesting story for sure.
Posted 25 days ago - Like (2)

Gregory: I trade 5 accounts, so I spread my capital out over those 5. I have one investment account of my own that copies same trades as you guys @ $36,000USD. I know leverage and my margin requirements well. I always try to communicate straight and to the point, bearing with people who have criticisms even though they do not show restraint in the way they publicly air it. This online "loose" behavior is running rampant in our world, and it must be curbed. Speak and act online the same way you would at work and with your peers. I do this. When I speak of Signal Price Increases in the future above High Water Mark, and putting a bit more focus on Fund Management, I speak truthfully. I will always keep serving my subscribers, but next year I will put cap on total funds allowed to follow at $50,000, charge a higher fee for funds above that Cap, and eventually close out new signal subscriptions so that I do not put trade strategy at risk of on-selling, those who want to copy my trades, etc
Posted 24 days ago - Like (0)

Gregory: I have spoken much more kindly and professionally than those who have made comments right here publicly, and there is a line in my mind. Do to others as you would have them do to you.1300% in 9 months is good enough to attract investment managers, fund clients, and High Net Worth Individuals, so call it what you will. But I will defend what I have accomplished, and charge accordingly for my hard work and relative success.
Posted 24 days ago - Like (0)

Daniel: Maybe it is better to focus on trading instead of making plans in 2018 when you're dont be attractive anymore ..... so stay focused on trading please
Posted 24 days ago - Like (7)

Chris: Greg, I do want to apologize for my previous posts and calling you a "Fraud". It was very unnecessary and false accusations, so I'm sorry. I had a chance to watch your youtube channel and you seem to me to be a straight up genuine gentlemen that loves his family and passionate about trading.
Posted 12 days ago - Like (2)

Posted by TurboTrendFx
27 days ago - Growth: 14.04% - Drawdown: 2.61%

HI ,traders !

We have many years trading experience.

Our strategy is a follow trend trading system, not a martingale, grid, or any other risky strategy.

We mainly trade major currency pairs EURUSD,GBPUSD ,USDJPY ,GBPJPY, and trades on average 20 to 30 times per month.Trades are usually open for an average of 10hours.

We always use stop loss and try to reduce the risk .The Stop Loss and Take profit are dynamic. The lot size is always calculated relating to the stoploss position to never risk more than 0.5% per trade.

We can promise, that on every trade is applied strict money management. Investors will never see holding of a losing trade – stop loss is applied to each trade. We are here to earn money to investors, not to lose. Our promise is to NEVER break the rules of money management. Our priority is happy & profitable investor.

Copy traders :
1.Lmited version (Max Account Balance:$20,000) : $59/Month
https://www.simpletrader.net/signal/8740/TurboTrendFx.html

2.Unlimited version : $139/Month
http://www.signalstart.com/analysis/turbotrendfx/24557


Posted by Satang FX Forex LARGE ACCOUNT
28 days ago - Growth: 27.39% - Drawdown: 6.74%

Hi All,

As I have been asked a lot about the DD on the aud/cad basket I would like to give an update,

I feel its best for everyone to know my thoughts and strategy moving forwards,

Yes the DD is annoying and slowly reaching 3%, the aud/cad pair tends to range the most and I have been expecting a decedent reversal, the latest entry bounced off the latest entry and broke lower a few days ago, I am planning on entering again around d the .969 level but perhaps a little lower as I would like to give us a bit more space.

I did consider hedging at .9765 but I personally think thats a dangerous game, while looking at current price it would have worked in our favor, but its not something I would be able to navigate out of, as the aud/cad tends to respect parity, so my bias is still long,

The current dd is not much of an issue for me as I am a bit over 1:2 leverage on the master on that pair,

I think that some of the followers might be are using a higher risk multiplier, so I strongly suggest you copy/follow at 1.5% risk, (same as the MAM)

The loss in August (usd/cad) we were in the same situation, DD was approaching 3% and I took the loss, however as you can see, if we held on we would have been out at break even, yet still taking the loss, I was able to deliver a 1.34% return.

So my plans moving forward is to continue to hold this basket, as most of you should be gaining positives swaps, and to average out, I feel if price is unlikely to break lower,

I will take the loss around 5-6%, this will then allow me to recover within 1-2 months, while I do have a hard stop loss at 20% this is something im not willing to employ, as a 20% loss would literally take me 6-10 months to recover from,


As you can see I am still trading the aud/nzd and usd/cad pairs and booking good pips, however I am considering halting trading those pairs until we exit the aud/cad basket.

Again I apologies from the DD, and hope you understand where I am coming from,

Satang FX
www.satangfx.com
invest@satangfx.com


Reiner: willing to take the loss, kudos to you.
Posted 27 days ago - Like (1)

Reiner: thats good trading, when a trader is capable of accepting a loss. took one myself last night.
Posted 27 days ago - Like (1)

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