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Thanks am unable to reply much as I did mention I was away at work. Golden Boy DNA is that its a trend trader. It picks trends across 11 pairs and runs with some complex stop management. In the long run, it has a profit factor of 1.5. Currently it is at 1.2 or so. Therefore Golden Boy will rise. Mind you, for dec it is already up 4%. Its right on target. There will be bursts of return when there is a quick trend to catch. When there is no trend, it will sleep and even lose money.
Just email to funds@tqforex.com with your fxblue id and will enable you to take trades. Simply follow instructions.
To me from running it this past week, it seems to pick up the trends too late. It would be nice if it picked up the trades a little earlier. Also, some of the losses have been allowed to run too long, some getting close to 100 pips loss
Also historical beyond Nov is available on site but only hard trades directly from Ninja is available. Sorry cannot get past trades into MT4. I think its early days for Golden. so give it the space and trade data from Golden on your account of a few weeks and months will be enough to judge this boy.
Can we also get myfxbook updating again? I find it much easier to read than fxblue
Here we go. Just about 10% drawdown since 2.5 days of trading. Is it about to hit it biggest drawdown not long after going live. Going to be interesting to watch....
OK Gabriel - I think you have a system that you believe in and one that you intend to profit from: there's nothing wrong in that. As Spider says, verified historical data is the key to success.
There is a lack of trend-following algos available for retail and I'm sure there is a gap in the market for a good one.
Also historical beyond Nov is available on site but only hard trades directly from Ninja is available. Sorry cannot get past trades into MT4. I think its early days for Golden. so give it the space and trade data from Golden on your account of a few weeks and months will be enough to judge this boy.
Your post is appreciated and you have pointed out important aspects about trend trending. Aim is not to provide this free for ever.
OK Gabriel - I think you have a system that you believe in and one that you intend to profit from: there's nothing wrong in that. As Spider says, verified historical data is the key to success.
There is a lack of trend-following algos available for retail and I'm sure there is a gap in the market for a good one.
Just a few thoughts on this system and the way it is being disseminated across the Forum.
It strikes me that the proprietor of Golden Boy has many of the attributes of people who emerge from time to time on Forex Signals and elsewhere in the business. He is often rude about current providers, dismissive of previous performance and most certainly enamoured of his own system.
He attributes these things to social awkwardness.
He has refused to answer key questions about his own involvement in the system. Most tellingly, he has sidelined the question about putting his own capital behind an algorithm which he is apparently convinced is a cash cow. The reason offered for this is that he is compelled to concentrate on his day job, and that he has little spare cash. The former reason is not credible, since having a day job is ......
Your post is appreciated and you have set pointed out important aspects about trend trending. Aim is not to provide this free for ever.
Think everyone need to chillax here and let the results speak for themselves.
With not much verified myfxbook data, not much of what anyone says here really matters.
Lets the system run for about half a year, then let the myfxbooks results do the talkin.
Cheers
Ok thanks. I have edited my post which was first put in zest and now edited back.
Think everyone need to chillax here and let the results speak for themselves.
With not much verified myfxbook data, not much of what anyone says here really matters.
Lets the system run for about half a year, then let the myfxbooks results do the talkin.
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