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  • Cash Cow Signal

    cow.jpg


    Hello,

    We are new to the Forex Signals forum and wanted to make ourselves available to answer questions and provide updates.

    Cash Cow is exclusively offered through Simple Trader: https://www.simpletrader.net/signal/...ow-Signal.html

    Our myfxbook can be found here: https://www.myfxbook.com/members/Cas...signal/1521415



    Here are some basics about Cash Cow:

    -Monthly Target Return of 5%
    -Floating Drawdown limit of 5%
    -Max Monthly Loss Limit of 7%



    About our trading:

    Cash Cow is a combination of custom algorithmic trading strategies with occasional manual trading. 98% of our trading is based on Mean Reversion, using a semi-automated algorithm that uses a dynamic trade size. We trade nearly every pair using the USD, EUR, GBP, CHF, AUD, NZD and JPY. It is typical for us to have up to forty open trades at any given time. Our trade size is typically between 0.01 0.25 lots per $20,000. We recommend a minimum account balance of $6,000 to receive the Cash Cow Signal. $20,000 is the ideal level of capital to receive all of our trades and to trade with the same risk our signal account. You can trade with less capital if you are fine with using higher risk than our signal account. We also offer Cash Cow as a managed account with IC Markets ($500 minimum to join). Cash Cow targets a 5% monthly return while limiting our monthly loss to a maximum of 7%. This means that if our equity drops 7% in the course of a month, we will stop trading until the following month. This feature gives our subscribers peace of mind that our losses will be limited, while our monthly earnings remain unlimited.

    In order to receive our signal, it is important that your broker allows micro lots (trades of 0.01 size). We also recommend you choose a broker with low spreads, reasonable commission costs and a leverage of 50:1 or higher.




    We know our trading history is short, however we do invite you ask question and follow our progress as we build more trading history.



    regards,

    CC

  • #2
    Hi,

    Just to get it right:

    Looking at the stats you made $840.88 with 228 positions on 20 pairs and $44397.00 in 11 positions on EU (literally 1 position with respect to open and closure timestamps).
    You state that 98% is done algorithmic. This leads to the assumption that these 11 very profitable positions do not represent the real statistical variation.

    Any hints to get more insight how the system will produce consistent profits in the long term?

    Kind regards,

    ESG
    Originally posted by Cash Cow View Post
    [ATTACH=CONFIG]1673[/ATTACH]


    Hello,

    We are new to the Forex Signals forum and wanted to make ourselves available to answer questions and provide updates.

    Cash Cow is exclusively offered through Simple Trader: https://www.simpletrader.net/signal/...ow-Signal.html

    Our myfxbook can be found here: https://www.myfxbook.com/members/Cas...signal/1521415



    Here are some basics about Cash Cow:

    -Monthly Target Return of 5%
    -Floating Drawdown limit of 5%
    -Max Monthly Loss Limit of 7%



    About our trading:

    Cash Cow is a combination of custom algorithmic trading strategies with occasional manual trading. 98% of our trading is based on Mean Reversion, using a semi-automated algorithm that uses a dynamic trade size. We trade nearly every pair using the USD, EUR, GBP, CHF, AUD, NZD and JPY. It is typical for us to have up to forty open trades at any given time. Our trade size is typically between 0.01 0.25 lots per $20,000. We recommend a minimum account balance of $6,000 to receive the Cash Cow Signal. $20,000 is the ideal level of capital to receive all of our trades and to trade with the same risk our signal account. You can trade with less capital if you are fine with using higher risk than our signal account. We also offer Cash Cow as a managed account with IC Markets ($500 minimum to join). Cash Cow targets a 5% monthly return while limiting our monthly loss to a maximum of 7%. This means that if our equity drops 7% in the course of a month, we will stop trading until the following month. This feature gives our subscribers peace of mind that our losses will be limited, while our monthly earnings remain unlimited.

    In order to receive our signal, it is important that your broker allows micro lots (trades of 0.01 size). We also recommend you choose a broker with low spreads, reasonable commission costs and a leverage of 50:1 or higher.




    We know our trading history is short, however we do invite you ask question and follow our progress as we build more trading history.



    regards,

    CC

    Comment


    • #3
      Originally posted by ESG View Post
      Hi,

      Just to get it right:

      Looking at the stats you made $840.88 with 228 positions on 20 pairs and $44397.00 in 11 positions on EU (literally 1 position with respect to open and closure timestamps).
      You state that 98% is done algorithmic. This leads to the assumption that these 11 very profitable positions do not represent the real statistical variation.

      Any hints to get more insight how the system will produce consistent profits in the long term?

      Kind regards,

      ESG
      Hello,

      You are correct. We manually trade the EU and use our custom algo for the other 20 pairs. All the EU trades were opened on the same day, but not all the EU trades were closed at the same time (22nd and 24th of February and March 1st), because we had several price targets.


      It is difficult to give insight regarding future manual trading operations, but I can say our manual trading has a very good risk to reward ratio. We were planning on holding the EU positions longer but with the ECB event this week, we decided to close all of our remaining EU trades.

      In regards to our algorithmic trading; We trade 20 or so pairs. We target retracements when price is overbought or oversold. We like to use a grid of smaller trades when we pick a good entry zone to limit our initial risk exposure. Our Mean Reversion strategy uses a group Stop Loss for all open trades that will close all positions if we get things wrong and drawdown starts to build. Typically this happens around 3% and 4.5% floating drawdown. This helps us better control risk because of possible correlation between different currency pairs that could lead to multiple Stop Losses (all open positions close for all currency pairs if floating DD reaches 3-4.5%).

      Both of our strategies have a positive trading expectancy and our risk management is set at a max risk of 7% per month.



      The truth is, we need more time trading before any conclusions can be made about our long term profitability. We just want to be around to answer questions and let people know we are here.


      regards,

      CC

      Comment


      • #4
        Hi,

        Many Thanks for the instant reply.
        This sounds like you keep stats of your long term trading.
        Are these historical stats available on FF/TE, myfxbook or elsewhere?

        Kind regards,

        ESG


        Originally posted by Cash Cow View Post
        Hello,

        You are correct. We manually trade the EU and use our custom algo for the other 20 pairs. All the EU trades were opened on the same day, but not all the EU trades were closed at the same time (22nd and 24th of February and March 1st), because we had several price targets.


        It is difficult to give insight regarding future manual trading operations, but I can say our manual trading has a very good risk to reward ratio. We were planning on holding the EU positions longer but with the ECB event this week, we decided to close all of our remaining EU trades.

        In regards to our algorithmic trading; We trade 20 or so pairs. We target retracements when price is overbought or oversold. We like to use a grid of smaller trades when we pick a good entry zone to limit our initial risk exposure. Our Mean Reversion strategy uses a group Stop Loss for all open trades that will close all positions if we get things wrong and drawdown starts to build. Typically this happens around 3% and 4.5% floating drawdown. This helps us better control risk because of possible correlation between different currency pairs that could lead to multiple Stop Losses (all open positions close for all currency pairs if floating DD reaches 3-4.5%).

        Both of our strategies have a positive trading expectancy and our risk management is set at a max risk of 7% per month.



        The truth is, we need more time trading before any conclusions can be made about our long term profitability. We just want to be around to answer questions and let people know we are here.


        regards,

        CC

        Comment


        • #5
          Is SimpleTrader now accepting signals with history less than 3 months?

          Sent from my Nexus 6 using Tapatalk

          Comment


          • #6
            Hi Okda,

            Looks like there's no such rule to become a signal provider without having a decent history.
            Never asked to offer my trading as a service on ForexSignals.

            So I don't know.

            Regards,

            ESG

            Comment


            • #7
              Originally posted by Okda View Post
              Is SimpleTrader now accepting signals with history less than 3 months?

              Sent from my Nexus 6 using Tapatalk
              Hello,

              We are not on the Simple Trader Market Place because we do not have 3 months of trading history, but we do have a Simple Trader account and we do have a few subs testing us out.

              regards,

              CC

              Comment


              • #8
                Hello ESG,

                I do have an account that ONLY has been receiving our ALGO trades since the beginning of this year. It is with IC Markets and was funded with $50,000.

                https://www.myfxbook.com/members/Cas...e-pamm/1544815

                regards,

                CC

                Comment


                • #9
                  Did u make 900% in 2 months with 1% dd ???

                  Sent from my SM-G900H using Tapatalk

                  Comment


                  • #10
                    Yes, but we were trading much more aggressively than normal. We did manage to keep drawdown to around 1%, but realistically our monthly goal is 5% ROI.

                    regards,

                    CC

                    Comment


                    • #11
                      why so high return?

                      Comment


                      • #12
                        Originally posted by NeiSep View Post
                        why so high return?
                        Hello,

                        We had multiple short positions for the EURUSD after it dropped over 450 pips and our Mean Reversion trading has done very well despite the high volatility in the fx market.


                        regards,

                        CC

                        Comment


                        • #13
                          Looking at the pips per currency there is clearly a martingale element to the system. Please can you provide some more detail as you've not mentioned this at all so far.


                          Sent from my iPhone using Tapatalk

                          Comment


                          • #14
                            Also, so that we're all clear, it appears that your master account is a cent account - please confirm.


                            Sent from my iPhone using Tapatalk

                            Comment


                            • #15
                              Hello withnail,

                              We have two funded accounts trading Cash Cow. They have a total of around $60,000 USD between the two account. That should be enough capital to prove that we have confidence in our trading system and are willing to place our own money behind what we are doing. IC Markets is a broker almost everyone is familiar with. We use IC Markets as a PAMM option for our members we call our Keystone PAMM. The Keystone PAMM has been running purely with 2 of our algo strategies (no manual trades). One of which is not featured on the Cash Cow signal. It is now receiving our manual trades as well, so it is currently trading with 3 different strategies. Our signal account is with the broker Fortfs. From our observation, Fortfs is more stable than IC Markets during news events, which makes it ideal for use as our Master Signal Account. Fortfs offers EURO and USD standard and cent accounts. The trading conditions are identical between the standard and cent accounts. Because we will not be making withdrawals from our Master Signal account, we decided to go with the cent option with Fortfs and placing the majority of our personal funds in our Keystone PAMM, in the event we want to make a withdrawal in the future.

                              Here are verified myfxbook links to both our Signal and our PAMM.

                              https://www.myfxbook.com/members/Cas...signal/1521415

                              https://www.myfxbook.com/members/Cas...e-pamm/1544815


                              Regarding your question about having a martingale element: When Cash Cow receives confirmation that a currency pair is overbought or oversold, we like to layer our entry over more than one trade. We have found this to be superior to placing one large trade. So it is common that we will have many small trades in a zone we expect a reversion to the mean. If the currency pair breaks past our anticipated reversal zone, we will place a few trades with a larger lot size at key handles to try once again catch the reversal.

                              As a safer way to control risk, we set a floating drawdown limit of 3% up to 4.5%, depending on which strategy we are using. This is superior to using a Stop Loss in the sense that you could be trading more than one pair and therefore have more than one consecutive stop-loss. Monitoring the floating drawdown and setting a limit eliminates the possibility of having multiple pairs take a loss that would result in a total loss that is higher than what we feel is acceptable. This style of risk management allows us to set a monthly loss limit of 7% with standard risk. This is true for both our Cash Cow signal and Keystone PAMM. If we ever hit a total loss of 7% in one month, we will discontinue trading until the following month, which is probably a good idea because for whatever reason the market will not be ideal for our trading method and taking a little time off isn't a bad idea.



                              regards,

                              CC

                              Comment

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