Originally posted by interceptor
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JoePro Hedge Strategy
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Last edited by oportunis; 05-19-2017, 06:31 AM.
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Guys just remember NOTHING is risk free.
I am subbed and giving it a go. So far looks good. Definitely ranging and swaps can be a scenario for loss or obviously something like a flash crash as a copier you may not get filled and that's something that could be scary to not get an order filled.
Joe do you use any other pairs to mitigate the risk?
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Originally posted by Big River Man View PostGuys just remember NOTHING is risk free.
I am subbed and giving it a go. So far looks good. Definitely ranging and swaps can be a scenario for loss or obviously something like a flash crash as a copier you may not get filled and that's something that could be scary to not get an order filled.
Joe do you use any other pairs to mitigate the risk?
Sent from my SM-G935F using Tapatalk
During the flash crash we made 10% on all 4 of our accounts at the same time even thou we were long but I just have no idea how that would have played out with the copier. That's one of the reasons why we're going to offer a MAM solution to everyone so all the pending orders also are copied & everyone is saved even in a crash.
I know 99.99% of retail traders are scared of crashes or sudden big moves... I am the happiest when these things happen. I want a crash to happen & I want big sudden moves to happen that rock the market but stability is also fine
I also use EJ & GA but at the moment the EJ was showing me for a while that the trend following success rate was under 75% and GA is almost at 75% again. These are my sub pairs and you will also see these pairs take trades.
Thank you guys for following and I look forward to having you on board for a long time.
Have a great weekend
-JoeProLast edited by JoePro; 05-19-2017, 08:22 AM.
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Originally posted by JoePro View Post
Great! Yes always use only 1x. The money management is done perfect for this strategy if you increase the risk you might not be covered for the weakness of the strategy which is a ranging market.
Like I said above, the money management is done so that we can handle long ranging markets without risking big draw down. Sometimes what happens for a few weeks is price ranges and this means we switch sides multiple times and increase draw down, of course nothing major and as shown in the videos, 1 of the targets will get hit to 100%. The down side is really sitting and waiting for a break out. After two weeks of waiting it can get a bit annoying but that's just like any business in the world, the sun doesn't shine every day.
This is why this strategy is also for the long term investor. We make money when price is moving and we will catch every single price move with trend direction but when price is ranging for 1 or 2 weeks we just have to wait
I recommend a minimum of 10k for this signal. Of course the more the better.
Also, the MAM will be great for business owners who want to take some of their profits and put it into a MAM and generate compounding profits so when their business is not doing so well they are still making profits from the market, basically diversifying their investing.
Anyways, I ll keep you guys updated of everything we have setting up.
-JoePro
Is there any option for account smaller than 10K to join your strategy?
Thanks.
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Originally posted by Hansen View Postthanks for the info, Joey.
I have a question for you - you say that 15% DD can happen. under which circumstances is this scenario likely? and is this the absolute max DD (all trades closed), provided that trades are not slipped / missed ?
15% DD is not that big of a deal but we would be looking to get out of the sequence by closing individual position by treating it as a single trade instead of all positions as 1 trade, so basically turning to micro managing the positions. Another reason why we split our trade into 5, it allows out to dampen draw down and risk.
Equity Protection stop out is at 30%. We are prepared for everything but I always say you just never know, so that's our last line of defense.
-JoePro
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Originally posted by yshin View Post
Hi Joe,
Is there any option for account smaller than 10K to join your strategy?
Thanks.
-JoePro
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A quick video update on the currently open positions.
Wish you all a great week!
-JoePro
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Originally posted by aztron View PostHi Joe.
I have subscribed through the copier.
Would you know why pending orders are not copied?
The only way to get the exact same trades and pending orders is through a MAM/PAMM which is something that we will be able to offer in the next few weeks. For now this is the best solution.
-JoePro
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Originally posted by ales View PostHey Joe,
please check your email. Got some troubles when re-subscribing. Paid fee last week but im not connected and positions arent managed for few days now.
Tks,
Ales
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Are you out of the hedge sequence?
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