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Dilong, Metamorphosis, USDCAD Scalper, etc Signal
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If anyone is copying their signal, which broker are you with and how are you finding slippage?
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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).
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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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Originally posted by PontusLSE View PostI 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.
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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.
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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.Tags: None
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