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  • SPM Capital Management Signal SimpleTrader Network.

    Last edited by Steve; 02-23-2017, 06:01 AM.

  • #2
    Why cant i see lot size ?

    between welcome too forum


    • #3
      aa cool thank you very much, it looks really good i will follow your growing for now


      • #4
        Originally posted by SPM Capital Management View Post
        Hello people

        My name is Steve and I'm based in the UK. I love studying & reading about economics & I love trading Forex.

        I would like to introduce my SPM Capital Management signal which is currently available with a one week free trial on the SimpleTrader Network.

        My objective is to achieve a 60% return or greater to my subscribers over a 12 month period. Rinse and repeat year on year.

        You can find me here:

        The myfxbook reference signal account can be found here:
        Good results so far .. but never heard of ur broker ... this quiet a question mark to me ...

        Sent from my SM-G900H using Tapatalk


        • #5
          It's strange that there hasn't been more interest in this signal. A year of history is certainly a good sign. The trading has been going well. I've been a subscriber since April. Attached is a screen print of my myfxbook page. I have SPM on approximately x2 (different currency).
          So it shows monthly: 5.4%, DD 31.34%.

          One aspect I can't comment on is a change of trading over the last 2 days. Perhaps the trader or anyone else on this board can comment on this. For what it's worth, making a myfxbook 'custom analysis' up to the change shows monthly: 4.67%, DD 31.34%.
          It's good to see one year of history, but one downside is the size of the account – pity it's not bigger.
          I'm pleased with this, and plan to stay with SPM.

          N.B. This is an account that was decimated by Dayfox, hit hard by Killimanjaro; but since then, the combination of Smart, then Smart2, and SPM has produced some excellent results. So with these these figures, I have to assume that the myfxbook 'include' and 'exclude' function works accurately. Incidentally, this myfxbook 'custom anaylsis' shows a huge amount of open profit at the end of the chart: that's not the case – unfortunately! - this must be some sort of myfxbook quirk, but everything else looks about right.

          An account with SPM and Smart2 can result in a bumpy ride at times, but is producing some great results (again, assuming myfxbook has calculated it correctly): monthly: 8.17%, DD 50.85%.


          • #6

            could you please explain why all those multiple position open on audnzd and gbpnzd?
            It seems to me like a change of strategy. Before following I had a look at your historic trades and I never found so many trades altogether on a single cross, and this was the main reason I decided to follow you, but if now you have changed strategy, please let me know right away, as I will stop following you.



            • #7
              Thanks Steve for that. Just in a process of allocating some capital around, you been on my radar too ...

              I see that audnzd resistance around 0950ish too ... should cap here ... fingers crossed.


              • #8
                Hi Steve,

                You're confident but it keeps going elsewhere. Will you close the positions at a certain point or will let the account get drained? Honestly I'm just a step away to close everything. I don't understand why many traders cannot control themselves when a trade goes in the wrong direction. I cannot stand it, I try to manage my risk, but when a trader changes so much its tactic, it completely vanish any effort that the follower has planned. It's really not cool. Please, manage your risk.



                • #9
                  Hi Steve,

                  I'm not over leveraged, fix lot at 0,01 (I always start at the minimum at the beginning), although I don't know 2 very important elements about your trading: will you open new positions? Will you stop loss it at a certain point? These are questions that you only can answer because, only thing I knew before, is that you never opened more then 2-3 positions per cross.



                  • #10
                    Thanks Steve. Well done. Keep it up.

                    Bit of a shake up for the dollar after those Minutes... not questioning the trend just wouldnt rule out bit of a further squeeze ... 5350-5370 for cable still possible.. lets see ...


                    • #11
                      Well done on doubling your account in just over one year! Monthly: 5.83%, DD 14.53%.

                      Hope to be back next year with the same message (no pressure!)


                      • #12
                        well done, Steve! planning to allocate some capital into you next week...

                        have a nice weekend.

                        Sent from my iPhone using Tapatalk


                        • #13
                          When you will put more money on your acc?


                          • #14
                            Hello Steve/SPM,
                            That's a really good development.
                            I assume that your account is based on x1 risk. So an even better development would be to open several accounts – at x1, x2, x3 etc. This is assuming the information you have on the 'signal FAQ' page is up to date. Certainly a x2 account would be good to see. Have you any plans for this?


                            • #15
                              Certainly some great results in November (another day to go, don't forget!). October was pretty impressive as well.

                              I subscribed 9 April. I now use x2 risk, though started x1 gradually moving up. So far I'm up 137.51%, myfxbook showing monthly 6.5%, DD 31.34%.

                              (I have SPM on the same account as Smart2, so with the usual proviso: assuming that the myfxbook 'include' function works accurately.)