SPM Capital Management Signal SimpleTrader Network.

[drpavel]

I just had a chat with Wei Zhong from the signaltrader.net support. He said a connection from simpletrader.net and FXCM is possible. My question now is, if i open an account with simpletrader.net and start copying your signal from there again, will it last? Because you said that your signal will be only available via forexsignals.com in the near future. (although they are the same companies like Wei said)

[drpavel]

For the protocol:
Just opened an account at simpletrader.net, bought the hosted MT4 service and added the SPM signal. It was easy like 1-2-3. ;-)
Quite a shift in terms of fees and how they are paid, but that should be alright.

And now: let's make some pips! Go-Go-Go :-)

[Sherif]

Nice one. Welcome aboard!

Any ideas about max drawdown u will take .. or u just keep it open ro the market ?? Sorry if this is a repeated question .. but i searched and didnt find it earlier. .

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[greenfield]

Any ideas about max drawdown u will take .. or u just keep it open ro the market ?? Sorry if this is a repeated question .. but i searched and didnt find it earlier.

https://www.forexsignals.com/forum/s...ll=1#post38160

[aznboi319]

I can't find the SPM signal to add. I saw it yesterday before opening the account, but it is not in the marketplace any longer.

[BillHuppert]

I can't find the SPM signal to add. I saw it yesterday before opening the account, but it is not in the marketplace any longer.

It's been moved here:

http://cp.forexsignals.com/signal/5114//signal/5114/SPM-Capital-Management.html.html

[withnail]

Steve,

I signed up a week or two ago, but am very concerned by the current situation where you seem to be adding EURUSD shorts every 20 mins or so despite the price continuing to rise. I now have eleven EUR positions open and am in heavy drawdown. All of the positions have large SLs and a further sudden rise in the EUR would be extremely damaging. This seems like classic hold and hope trading... At the time of writing, your master account is showing 15% DD.

Edit... now over 16.5% DD on the master account

[BillHuppert]

I WILL CUT all trades at 15% DD on my account

This is very , very disappointing.

SPM rules broken.png

SPM DD.png

[Gunther]

This is very , very disappointing.

[ATTACH=CONFIG]1586[/ATTACH]

Agree


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[Sherif]

Steve,

I signed up a week or two ago, but am very concerned by the current situation where you seem to be adding EURUSD shorts every 20 mins or so despite the price continuing to rise. I now have eleven EUR positions open and am in heavy drawdown. All of the positions have large SLs and a further sudden rise in the EUR would be extremely damaging. This seems like classic hold and hope trading... At the time of writing, your master account is showing 15% DD.

Edit... now over 16.5% DD on the master account

Yup .. i see this now .. though i believe also euro will go down .. yet i see it dissapointing that the trader broke his dd limit so soon ...
Luckily i was still on the side lines .. as i tend to get worried when rules r broken ...

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[rob1234]

I should have seen it coming. I saw the open orders with a few hundred pips still waiting from 6 weeks ago. I just didnt think any trader would keep adding to a position again and again and agai . Martingales akways look good in a chanel but sooner or later get caught

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[ales]

Im sorry Steve. S*it happens but one has to stick to the rules...

[BillHuppert]

Im sorry Steve. S*it happens but one has to stick to the rules...

I agree, once trust is broken, it's broken.
Nothing personal, but when my own capital is at stake I am unforgiving.

[rob1234]

If the move continues i will use the gains from January too offset this month, and cut another trade from December.

Exactly how does that work for we subscribers? Do we get some money back that we lost?

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[Sherif]

The usual curse of first month at forexsignals.com😀.. but u will get through it ... hopefully 👍

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