Cash Cow Signal

[Cash Cow]

Not all Australian brokers are created equal and at times one may have connectivity issues when others do not. We simply want a broker that has better than average up-time. Most Australian brokers have better spreads than Fort Financial which is actually good for our subs. This means that more often than not, our subs will have slightly better performance than our Cash Cow Signal account due to tighter spreads.

We don't normally target news events for trading, but there are times when out take-profit will be hit due to a spike from news. We are also working on a post news trading strategy that would benefit from having good execution after news events.

CC

[Cash Cow]

The last 24 hours have been difficult for us because of the strong movements in the USD. We set a new drawdown high last night of 1.7%. We have been able to reduce the drawdown to under 0.5% as of now and reduced some exposure. We were not expecting Yellen to be so dovish and it caught us a little off guard.

Sorry to the subs who just joined us! We usually trade better than this.

take care everyone!

CC

[Okda]

Are you ready apologizing for a 1.7% drawdoe5
I will add you to my watch list for sure
Keep up the good work

Sent from my Nexus 6 using Tapatalk

[xfire22]

Hello,

My appetite for signals with large floating DD has diminished. With the recent fiasco of ATC brokers requiring me to take huge losses because of floating DD's I'm now looking for a new system. FXCM really screwed their clients (had to throw that in there).

Is this signal FIFO and non-hedging making it compatible for US clients? I've reviewed some of the history and it appears at glance that it could be.

Thank you

[Cash Cow]

Hello,

My appetite for signals with large floating DD has diminished. With the recent fiasco of ATC brokers requiring me to take huge losses because of floating DD's I'm now looking for a new system. FXCM really screwed their clients (had to throw that in there).

Is this signal FIFO and non-hedging making it compatible for US clients? I've reviewed some of the history and it appears at glance that it could be.

Thank you

Hello,

Holding large amounts of floating drawdown is never a good thing.

We recently made a change to our Mean Reversion strategy so it will be FIFO compliment. I am away from my primary testing computer until the 6th of April. Once I have a chance to thoroughly test the FIFO complacence changes I will post an update on this forum.

regards,

CC

[Cash Cow]

We successfully closed all our open trades for a very nice profit! Very nice finish for March.

Happy trading!

regards,

CC

[Cash Cow]

Bad day to be a cow...

The Yen drove us to close everything at just under a 5% loss. We are probably down around 4% for the month. We didn't expect the Yen to strengthen so quickly. We will keep the Yen pairs off for the foreseeable future and continue trading.

regards,

CC

[Cash Cow]

Hello,

It has been a log time since I posted here, but I wanted to give this thread a much needed update.


April was a very difficult month for Mean Reversion as a strategy in general. We took a 5% loss early in the month with the Yen and then had drawdown from the large CAD/oil movements. We were able to mostly recover the balance loss by the end of April to finish down 0.42%.

May has been much better thus far. We are up around 2.5% for the month already and it appears we will have a very good month.


We are introducing some changes that should be noted:

We had been using a strict limit of 5% for floating drawdown. Having a limit for dradown is important, but needs to be used with some discretion. I say this because on occasion there are situations where waiting is better than closing everything right away. A good example was the CADCHF pair for us. This pair exceeded our 5% drawdown limit, BUT at the same time we knew oil would bounce and give us a nice retracement so we could close our open positions for a gain. In that example it was best to be patient and wait. The Yen situation we had was a little different and had a lot of downside potential so taking a loss and moving on was the best course of action in our opinion.

In conclusion, we are going to use discretion regarding when we take losses and when we feel it is better to be patient. We are making this change to improve the service we provide for our signal subscribers. I personally have most of my life savings in accounts managed by Cash Cow and I know a completely ridged system for risk management is not an ideal solution. You need to judge each situation individually, while managing risk responsibly.


happy trading everyone,

CC

[Fadadio]

Hey the Market has been volatile as of late especially oil pairs.
How does your system adapt to these conditions if you are looking for retracements?

[Cash Cow]

Hello Fadadio,

Our algo actually can adjust for volatility. Our traders can also step in and make changes manually if needed. Hopefully the market settles down a bit for the rest of the month. Things have been choppy lately.

CC

[Cash Cow]

This has been a profitable week for all Cash Cow subs. We just crossed the 3% mark for monthly profit while breaking new equity highs.

Enjoy the rest of the week everyone!

CC

[Cash Cow]

Cash Cow has closed out the month with the following statistics:

Keystone Managed account with IC Markets and Axi Trader: 4.34%

https://www.myfxbook.com/members/Cash_Cow/keystone-pamm/1544815

Cash Cow Signal: 3.22%

https://www.myfxbook.com/members/Cash_Cow/cash-cow-signal/1521415

Both our Signal and Managed accounts have achieved new equity highs!

Our managed accounts have an additional strategy that helped them outperform our signal by about 1.12%


Happy trading everyone!

CC

[Cash Cow]

We recently funded an account and attached it to our Managed Account with IC Markets. Our managed account uses 1.6X risk, which is still relatively conservative.

http://www.myfxbook.com/members/Cash...ccount/1657131



This account is now also featured on our website www.cashcowsignal.com

Good day trading everyone!

Robby

[Cash Cow]

Thought I would drop by with a performance update.

July: 3.58%
August: 4.11%
September 0.65%

All is calm on the farm.

Happy Trading