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  • #16
    Spoke to the signal provider. He informed that he will only take 3 to 4 trades at one direction with the same lot size. He did mention that in end Oct, he did hedge when there are 2 trades in it. Within the day, he cleared the trades with around 2% profit. Like what laracroft mentioned, he will take the loss when basket hit 10 to 15%.

    Like goldtrader, he mentioned that EA is a robot but does need human intervention sometimes. He said taking a loss of 10% to 15% will ensure his long term profitability.

    Well, at least this signal surived the GBP spike recently which I think killed many accounts and some signal providers margin call also. Grid or not, not a problem as goldstar and viper are also in a way grid traders. If this signal survived that GBP Spike and DD is low and if fixed DD at 15%. It should be okay if one set their own MAX DRAWDOWN AT 15 to 16% at risk 1.

    The EA itself does have many functions for the money get and risk. Anyone keen to get the EA together for 2 licences? Though price seem pricey
    Last edited by Pie ; 11-08-2016, 09:25 AM.

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    • #17
      the 25x risk account is surely wiped out, I am at 10x risk and in a 70% DD. got 2 trades on the long side. gamble gone wrong.

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      • #18
        I closed 0.8820

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        • #19
          now there is a 3rd trade open same lot size. a 50 pip move downwards wiped the initial $500 deposit + 386 profit in my case on 10x the risk. now in 73% DD. I used balance risk. maybe a fixed lot duplicator is better, where with profit growing the risk gets less and less.
          Last edited by fivepips; 11-09-2016, 08:21 PM.

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          • #20
            the trend is short
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            • #21
              yes I got margin called by the recent 1 minute candle.

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              • #22
                Don't get me wrong now, when you first look at the smooth consistent profits you think this system is great - http://www.myfxbook.com/members/Bakso/tiptipfx/1793923
                Time proves otherwise.

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                • #23
                  Yup risk 25 account is gone. Risk 10 just still okay for now but small account for such crazy risk. He did mention that it is high risk for risk 10 and 25 and may lose everything. For risk 1, I was informed it is DD 15% and all trades will be cut.

                  15% DD is easy to recover, rather than some signal providers wipe out all your accounts with margin call and give all kind of excuses and reasons.

                  I put 16% on my own account for MAX Drawdown cut, just in case he did not follow his rule. I can still afford to lose 15% but not the whole account. At least he still stick with his rule and account still intact.

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                  • #24
                    now 19% DD
                    Last edited by Istvan; 11-10-2016, 04:58 PM.

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                    • #25
                      I have a 6 months subscription, lets see how the DD gets handled. I maybe try again with 5 times risk and allow my loss to recover.
                      Last edited by fivepips; 11-10-2016, 06:55 PM.

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                      • #26
                        I closed the last one.
                        Minus 70 pips

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                        • #27
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                          • #28
                            4th trade a hedge. I wonder how this gonna play out.
                            2016/11/11 12:30:00 0.861280 0.10 Sell EURGBP -19.84 -14.4 4535340
                            2016/11/09 19:50:52 0.879490 0.05 Buy EURGBP -106.64 -167.7 4524328
                            2016/11/09 12:19:31 0.890030 0.05 Buy EURGBP -173.13 -273.1 4522307
                            2016/11/09 09:01:52 0.893040 0.05 Buy EURGBP -192.11 -303.2 4521559

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                            • #29
                              Originally posted by HedgeBitcoin View Post
                              Don't get me wrong now, when you first look at the smooth consistent profits you think this system is great -
                              Time proves otherwise.
                              Sad. Lost $ with tip and thought this guy signal provider HEDGEBITCOINis better. End up, he is worse than tip2. 50% DD and still continue. At least tip did not cross 30%DD. Joker. Next time, should not take listen to comments from other signal provider. Seem like they have other agenda, trying to promote themselves in other people thread. Condemn grid etc but he himself is a grid and maritagale trade that has margin call 1 account and now losing 50% of the 2nd account.

                              Joker.

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