Announcement

Collapse
No announcement yet.

Smart Squared!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • hardyli
    replied
    Originally posted by gennaro.taliercio View Post
    Loss 25% in a sigle basket it is terrible because to recovery We need 3 mounts


    Inviato dal mio iPhone utilizzando Tapatalk
    If you lose 25%. You need to gain back 33% to get account back to what it was.

    Leave a comment:


  • gennaro.taliercio
    replied
    Loss 25% in a sigle basket it is terrible because to recovery We need 3 mounts


    Inviato dal mio iPhone utilizzando Tapatalk

    Leave a comment:


  • hking
    replied
    When GBPJPY ended up with small loss, I was worried that the signal provider didn't learn the lessons or implement enough changes.
    It seems to be the case with USDCAD. No doubt VJ is a good trader 99% of the time but that 1% he got it wrong is too scary. No 1 trade idea deserves 25% DD. I still think this USDCAD is in the right direction but 4 trades opened at these levels is making dd to high. If only the trades are executed at better levels, it would have helpedd. So luck may help us like in GBPJPY trade but we can't rely on luck all the time. GBP and CAD are rather trending currencies in recent times so it is dangerous to trade them using grid strategies at poor levels.
    Repeated questions about what changes are made (as VJ claimed he would make changes) to the system in this forum are unanswered. I am rather disappointed.
    I guess the fact I don't know if VJ is making the necessary changes to improve this rather good signal means I have to consider leaving whatever happens to this basket as well.
    I certainly hope he can 1) stop opening trades so close to each other 2) reduce MDD from 1 trade idea 3) Opening Sell USDCAD which is making huge DD and opening buy AUDUSD at the same time is a shocker. Both are betting on USD weakness and it should not happen when you have USDCAD suffering from such big DD.

    Will revisit after VJ tells us what changes he is making and what lessons are learnt from these.
    Last edited by hking; 03-24-2016, 04:20 PM.

    Leave a comment:


  • Sherif
    replied
    Originally posted by oportunis View Post
    True Sherif, this is for new followers. I'm not defending him, trades are in a huge DD.

    What I was writing before is that those traders you mentioned blew the whole account not only profits. They got margin call. While smart will have 25% loss. Yes if you started copying him in November you are now back at 0 profit, but still not in a loss.

    Only those who started this month are in a loss. I know I'm on scalper and I have about -2% since November. It will take another half year to get back. So basically paying fee for the whole year to be at 0% profit is not good. Something needs to change I think, but we'll see what Vijay will say.
    Just to note pal .. i about 3% down from my inital deposit back in June 2014 .. thats if we close with no further losses .. thats putting into account performance fees which were deducted. . Thats no good at all

    Sent from my SM-G900H using Tapatalk

    Leave a comment:


  • oportunis
    replied
    True Sherif, this is for new followers. I'm not defending him, trades are in a huge DD.

    What I was writing before is that those traders you mentioned blew the whole account not only profits. They got margin call. While smart will have 25% loss. Yes if you started copying him in November you are now back at 0 profit, but still not in a loss.

    Only those who started this month are in a loss. I know I'm on scalper and I have about -2% since November. It will take another half year to get back. So basically paying fee for the whole year to be at 0% profit is not good. Something needs to change I think, but we'll see what Vijay will say.

    Leave a comment:


  • gennaro.taliercio
    replied
    Originally posted by Sherif View Post
    Hope realise that we just recovered nov losses this month .. furthermore closing now would wipe out 1 full year of profit. .. what r u defending ... i am speaking facts !!!!!!!

    Sent from my SM-G900H using Tapatalk
    Yes tru


    Inviato dal mio iPhone utilizzando Tapatalk

    Leave a comment:


  • Sherif
    replied
    Originally posted by oportunis View Post
    Those traders mentioned all blew out their entire accounts, while Smart will book losses and recover. However he will need to change something because the account is hitting DD more often, but this is traders work to see what can be done to lower risk and keep returns.
    Hope realise that we just recovered nov losses this month .. furthermore closing now would wipe out 1 full year of profit. .. what r u defending ... i am speaking facts !!!!!!!

    Sent from my SM-G900H using Tapatalk

    Leave a comment:


  • Waleed121
    replied
    The only way to win in Forex comfortably is having a high Risk:Reward strategy and a long-term consistent history, but how to find this? I've found a few however it hasn't matched my comfort unfortunately.

    I think Vijay is a good trader, maybe he needs to tweak the system to minimize DD and let profits float longer. I don't know I'm not the trader :-)

    Leave a comment:


  • ales
    replied
    Think the initial idea was ok. First resistance at this downtrend was around 3100-3150 lvl. Now unfortunately there isnt much towards 3350-3450 im afraid but still can be called as entertaining the daily trend. Break of 3500 could be resuming the bigger - weekly - uptrend tho.

    Leave a comment:


  • oportunis
    replied
    Originally posted by Sherif View Post
    I finally found the only get rich quickly way in forex. ...
    Its to sell signals .... and mamms ....
    For the past 3 years never felt sooo frustrated. .. it all came back to me ... day fox ... fx amplified .. silent specialist. .. all of these have stung us before .. now its vigays turn i guess ...
    N.b. : i am out no matter how this works out .. sorry .. but this is my last basket with vigay anyway ...
    Sent from my SM-G900H using Tapatalk
    Those traders mentioned all blew out their entire accounts, while Smart will book losses and recover. However he will need to change something because the account is hitting DD more often, but this is traders work to see what can be done to lower risk and keep returns.
    Last edited by oportunis; 03-24-2016, 03:38 PM.

    Leave a comment:


  • Guest's Avatar
    Guest replied
    reversal is possible at this point.... i'm still optimist
    Last edited by smejko; 03-24-2016, 03:27 PM.

    Leave a comment:


  • Sherif
    replied
    I finally found the only get rich quickly way in forex. ...
    Its to sell signals .... and mamms ....
    For the past 3 years never felt sooo frustrated. .. it all came back to me ... day fox ... fx amplified .. silent specialist. .. aa.. i forgot tradealerter all of these have stung us before .. now its vigays turn i guess ...
    N.b. : i am out no matter how this works out .. sorry .. but this is my last basket with vigay anyway ...
    Sent from my SM-G900H using Tapatalk
    Last edited by Sherif; 03-24-2016, 03:31 PM.

    Leave a comment:


  • gennaro.taliercio
    replied
    Smart Squared!

    Yes but 25% in a basket of trade it IS to hight maby when we are flat i live the mam


    Inviato dal mio iPhone utilizzando Tapatalk

    Leave a comment:


  • Sherif
    replied
    I really hope vigay honours his maxx dd limit for the mamm ....
    But respecting your commitment is part of the deal ..

    Sent from my SM-G900H using Tapatalk

    Leave a comment:


  • Vidster
    replied
    Originally posted by sanriopurin View Post
    If Friday trades have been shown to be consistently and historically catastrophic, how about reversing them?

    We will risk only 0.5%+ of loss, maybe quite a few of them, but once in a while... BAMMM 10-15% gain.
    In my opinion only taking Fridays out of equation won't do the trick. Algo needs stop out levels and perhaps wider entries. easier said than done...

    Leave a comment:

Working...
X