Originally posted by fiveninefish
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Jimmy’s Manual Trades
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We ended this week with 15.57% gain, which is pretty good. I tried a few trades on Friday with a small loss, and the USDCAD sell trades unfortunately hit SL at BE before going into nice profits. Those of you who also run SFE PA should still have the trades open.
I hope you guys have enjoyed the profits.
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Hi Guys,
A few people have asked me about how they should manage their accounts if they are also running SFE PA or SFE NS on their accounts along with my manual trades signal.
Firstly, I would strongly recommend setting up a new account to copy my manual trades only, because there will be significant overlap between the trades from SFE PA / SFE NS and my manual trades. You need to be prepared for the possible DD which would be much larger if you copy all of them on to the same account.
However, If you still prefer to run SFE PA + my manual trades on the same account, I would recommend reducing the risk for both signals to 75% each. (ie. 0.75x multiplier for both SFE PA and my manual trades)
If you also run SFE NS as well, you should use 75% risk for both SFE PA and my manual trades, and 35% risk for SFE NS. (ie. 0.75x multiplier risk for both SFE PA and my manual trades, and 0.35x risk multiplier for SFE NS)
Joel (the vendor of the SFE EAs) has covered in detail about merging his different EAs here: https://www.mql5.com/en/market/produ...omment=5874890
I would consider my manual trades to be more of a Group 1 strategy because it's likely to have more SFE PA trades.
The risk that I take on my personal account (SFE PA at 2x Autolot High Risk, SFE NS at 0.95x risk, and SC at 1.3x risk) is very high and it would not be something I would recommend for most people unless you are willing to accept a possible DD of 50% or more.
I hope it helps.
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Just a heads-up that the 2-week free trial will no longer be available from 17th Jan 2018.
I started my signal at the start of the month with the 2-week free trial for people to try it out for free, and I believe its performance speaks for itself. So I feel it's now time to stop the free trial and let people decide for themselves if the signal is worth the subscription fee. For those of you that are interested but haven't joined, you can still join on or before 16th Jan 2018 to get the benefit of the 2-week free trial.
If my signal continues to do well and the number of subscribers continues to grow exponentially, I think it could be quite possible for me to cut down on my day job and convince my wife to let me trade more often...but we will see how things go. But then that means there is a possibility that I may need to increase the price of the signal in the future in order to replace my usual income. This won't affect those who are already subscribed - so please join now if you would like to keep the subscription fee low.
Finally, a big thank you to my subscribers and forum members for your kind support.
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Hi Jimmy, are you increasing lot size as balance increases or staying with 0.1 lot until some point in the future? As you know ST increase the lots per balance for subs but if you're not following that I may need to change the copying method. I wanted to have same ratio your ac trades on my ac, ie only increasing my lots when you increase.Last edited by littlemax; 01-15-2018, 05:45 AM.
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Originally posted by littlemax View PostHi Jimmy, are you increasing lot size as balance increases or staying with 0.1 lot until some point in the future? As you know ST increase the lots per balance for subs but if you're not following that I may need to change the copying method. I wanted to have same ratio your ac trades on my ac, ie only increasing my lots when you do.
I think the best way to copy my signal for now is just to use the "Risk Multiplier Using Account Balance" method to get the same gain/loss % for each trade.
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