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Dilong, Metamorphosis, USDCAD Scalper, etc Signal

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  • Dilong, Metamorphosis, USDCAD Scalper, etc Signal

    Signals: Dilong, Metamorphosis, USDCAD Scalper, Low Risk USDCHF, EURCAD Expert, Silver Master, Quilong

    Anyone subscribe to those signals that can share their experience? They are from the same provider, this is the myfxbook link: http://www.myfxbook.com/members/MohitVS

    Dilong
    https://www.simpletrader.net/signal/6859/Dilong.html

    Metamorphosis
    https://www.simpletrader.net/signal/...morphosis.html

    USDCAD Scalper
    https://www.simpletrader.net/signal/....html#tab-desc

    Low Risk USDCHF
    https://www.simpletrader.net/signal/...sk-USDCHF.html

    EURCAD Expert
    https://www.simpletrader.net/signal/...AD-Expert.html

    Silver Master
    https://www.simpletrader.net/signal/...er-Master.html

    Quilong
    https://www.simpletrader.net/signal/6865/Quilong.html

    Thanks.

  • #2
    I am following Dilong with a very small portion of my money. (All the systems are pretty much the same, only on different pairs)

    Its important for everyone following any of his signals to understand his strategy, because it is in my opinion very high risk.

    He starts of with a couple of small trades with the same size in a grid like manner. Often against the trend trying to pick tops or bottoms.

    But if it goes agains him he starts to open trades that are many times larger that the first ones. Looks like some kind of martingale.

    One of the last baskets in Dilong had the following lot sizes: 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.45 0.63.

    As I said, risky. However, following this with reduced risk and being prepared to cut the trades manually it might still be profitable.
    Last edited by PontusLSE; 03-04-2017, 10:58 AM.

    Comment


    • #3
      Originally posted by PontusLSE View Post
      I am following Dilong with a very small portion of my money. (All the systems are pretty much the same, only on different pairs)

      Its important for everyone following any of his signals to understand his strategy, because it is in my option very high risk.

      He starts of with a couple of small trades with the same size in a grid like manner. Often against the trend trying to pick tops or bottoms.

      But if it goes agains him he starts to open trades that are many times larger that the first ones. Looks like some kind of martingale.

      One of the last baskets in Dilong had the following lot sizes: 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.45 0.63.

      As I said, risky. However, following this with reduced risk and being prepared to cut the trades manually might still be profitable l.
      Thanks PontusLSE for sharing your experience.

      Comment


      • #4
        I believe they are part of C 7 broker group trading strategies www.c7traders.com. They have a strict criteria on who they onboard. They are Singapore based. Most providers are given a 20% hard stop loss so there is also capital protection parameters there. You will see most traders have drawdown below 20%.

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        • #5
          Are someone else still following Dilong? He is still at the first rank position on Simpletrader Market Place but I didn't find any other dedicated thread..

          It's quite difficult to find new and reliable signals to copy ( I appreciate the due diligence of Nick's team).

          Comment


          • #6
            If anyone is copying their signal, which broker are you with and how are you finding slippage?

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