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  • Cash Cow
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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/Cas...e-pamm/1544815

    Cash Cow Signal: 3.22%
    https://www.myfxbook.com/members/Cas...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



    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • Fadadio
    replied
    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?

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


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

    Happy trading!

    regards,

    CC

    Leave a comment:


  • Cash Cow
    replied
    Originally posted by xfire22 View Post
    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

    Leave a comment:


  • xfire22
    replied
    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

    Leave a comment:


  • Okda
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • Cash Cow
    replied
    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

    Leave a comment:


  • manonmars
    replied
    Originally posted by Cash Cow View Post
    That is not the case. We have $80,000 USD of our own money directly controlled by our signal with IC Markets and Axi Trader. This has already been explained in this thread, but if I must I will reiterate. The servers Fort Financial Services (Cash Cow Signal account) uses are very stable and almost never have issues during major news. I love IC Markets and have most of my funds with them, but at the same time, they have been known to have issues during major news events. So for the purpose of giving subs a stable signal, we have chosen to use Fort Financial Services.

    We have been very transparent that our Signal account is a cent account. We have also made very clear why and demonstrated trust in our system by placing a significant amount of our own funds behind Cash Cow. What more can we do besides continue to build history and take care of our subs?

    Enjoy your Sunday.

    CC
    So the servers at Fort are very stable, but our accounts copying the signal will not be in Fort, they will be with UK and Australian brokers, so we will get the price offered by our broker not by Fort, i don't see how we get any advantage from the Fort stability during major news events, Does cash cow trade major news events ?

    Leave a comment:

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