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Outside the Box -- Signal and Mt Cook PAMM fund

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  • So it stands to reason that you need investors of one kind or another. Without them you're nothing. With them you're managing potentially large amount of money.
    I have my own trading capital and the services I provide are giving others an opportunity to piggy-back to profit and learn about forex.

    How can you expect to be respected when you consider your clients to generally be just a necessary evil that you unfortunately have to deal with?
    The clients I respect and pay most attention to either contact me via private message and keep it brief or they write it down as you would talk to your boss as a considerate collaborator. I am sick and tired of the "entitlement syndrome" (most often seen in America) where persons claim rights, freedoms, profits, success, loyalty, and/or happiness, without sacrifice, hard work, and responsibility.

    Treat others like you would like yourself treated, I believe you said so yourself as well.
    Thank God we can agree on this. Yes. If people would write respectfully and considerately, then my harsh words would not be necessary.

    On a somewhat funny and light-hearted note, how many other Signal Providers do you see contributing on this forum? and having dialogue with actual clients? They maybe put out a tiny blurb on the Traders Activity Feed - Live

    On SimpleTrader platform, but this does not give in depth background into the things investors want to know about a manual or automated trader. I have definitely revealed plenty about my strategy, my style, my risk management, and my psychology.

    Last edited by OutsideTheBoxHK; 02-11-2019, 11:55 PM.
    “Learn from your mistakes and do not give up!”

    Outside the Box - Myfxbook
    Outside the Box - SimpleTrader Trade Copying
    Outside the Box - MQL5 Trade Copying
    Outside the Box - ZuluTrade (performance fees & trade copying)

    Comment


    • Unfortunately you don't see many contributions, you're quite right. I had relatively high hopes for Satang but that signal turned into something completely different now and also poor results lately and people lost interest and the whole thread died. Yours and his were (are) the ones of interest to me. Then it's only my manual trading left.

      Comment


      • Originally posted by OutsideTheBoxHK View Post


        This freedom is worth more than the $40,000 I made last month.
        Your followers on ZuluTrade lost $ 150.000 last month you dont seem to care about that

        Comment


        • I have written about this situation at great length in that arena on the social wall. As I have been doing my best to educate their investors how to replicate my trades and the risk I have selected on the master account. Again, this is the kind of messages I have to field. When you do not know what you are talking about. See my many comments here:

          https://www.zulutrade.com/trader/375788/social

          The crux of it is that The Investors ARE NOT copying my trades. Copying MEANS risk lot sizing AND open and close at the times I do on the master account. These investors though:
          1. Copy other traders simultaneously on same account (changing risk)
          2. Engage in their own trading on same account
          3. Follow my trade entries with MUCH higher risk (lot size)
          4. Get emotional once they realise too late that they have not chosen the right sizing, so they close trades that end up being profitable on my account.

            Scrutinize the equity curve on Zulu generated from my master account trade data from Jan 2018 to current day. There is only one reason these "losses" have been attributed to me.... I opened them, that's all. They chose sizing and they chose to close them. Then the losses get calculated as belonging to ME.
            Do your homework before you accuse me. The same as all these other people who obviously are just trolling and harassing me.
          “Learn from your mistakes and do not give up!”

          Outside the Box - Myfxbook
          Outside the Box - SimpleTrader Trade Copying
          Outside the Box - MQL5 Trade Copying
          Outside the Box - ZuluTrade (performance fees & trade copying)

          Comment


          • OutsideTheBox, please protect your mental health and don't bother with forums anymore.

            https://www.exchangecomparing.com

            http://widgets.myfxbook.com/widgets/2229599/mini.jpg

            Comment


            • Risking hundreds of pips to make 5 or 10 pips profit per trade isn't my cup of thee

              I see you start trading USD/ZAR To higer the average pip gain ?
              Last edited by RenkoGuy; 02-14-2019, 09:35 AM.

              Comment


              • You know ZuluTrade is based on pips why do you take so much risk ?
                Your overall pips are in the negative now

                a91c50cd43af6df23a86ed0972908644.png

                Comment


                • Originally posted by RenkoGuy View Post
                  You know ZuluTrade is based on pips why do you take so much risk ?
                  Your overall pips are in the negative now

                  a91c50cd43af6df23a86ed0972908644.png
                  Yes I am trying to influence change over there with the SMT of Zulu, but they are quite stubborn to keep things the way they have them set up, which I think is because their target investors are retail "dreamers" and they don't mind the high turnover rate. They will not attract and retain good traders this way, but I don't think they mind. Good traders only will stay a year or two anyway and then we move on when our success and track record enable us to trade privately, big capital, and strictly for performance fees.
                  Zulu rules that are prohibiting me from accepting European investors on account of 30% max drawdown in total PIPS (and not equity) gained, so the only way for me to attract more Commission Based Investors right now on their platform the way it is set up is to capture many PIPs even though I know that this is stupid. And also the investors just think in PIPS, they want to run numerous trade copying signals concurrently as they think they can benefit from "5 good traders simultaneously". Trading their own lot sizing, leading to excessive risk taking, and then closing positions prematurely. So this all ends up having a detrimental effect on my ability to enrol and retain "investors" / gamblers there, and then when they close trades in loss prematurely on their own, the losses are attributed to my monthly stats, and then Zulu will not pay me the commissions due to me (My equity curve is near the high water mark, and yet my Stats state that my investors have lost $150,000) -- they have Profit Sharing mode -- but most investors there do not want to choose this compensation method because most of them have small accounts and they don't want to share profits with me.
                  I understand all the thinking from investors and Zulu, but in the end, good traders will not be retained by this setup.
                  “Learn from your mistakes and do not give up!”

                  Outside the Box - Myfxbook
                  Outside the Box - SimpleTrader Trade Copying
                  Outside the Box - MQL5 Trade Copying
                  Outside the Box - ZuluTrade (performance fees & trade copying)

                  Comment


                  • What a weird protest is that. The only change you'll influence is that people will pull their money out of your signal

                    Just stop trading gold and exotic pairs like usd/zar, there's no need for it anyways.

                    Comment


                    • You are not making any friends on the Darwinex forum

                      Zulu Trade disconnected ?
                      XUX -- aggressive Underlying Strategy Using same strategy as BUX to daytrade the lower timeframes. Takes some of same trades as master account at 4x risk and also finds additional intraday setups to target higher ret…

                      Comment


                      • Your style of trading looks a lot like Viper and Asad used to trade.

                        Comment


                        • February Profits --

                          Low Risk: 7.53%
                          Medium Risk: 14.36%
                          High Risk: 26.96%

                          Total Pips: 4948
                          “Learn from your mistakes and do not give up!”

                          Outside the Box - Myfxbook
                          Outside the Box - SimpleTrader Trade Copying
                          Outside the Box - MQL5 Trade Copying
                          Outside the Box - ZuluTrade (performance fees & trade copying)

                          Comment


                          • The HF copy 2 looks like margin call. What’s the plan for that account?

                            Comment


                            • Originally posted by ktyong View Post
                              The HF copy 2 looks like margin call. What’s the plan for that account?
                              Low Risk: 7.53%
                              Medium Risk: 14.36%
                              High Risk: 26.96%

                              Total Pips: 4948

                              Yes that's right I actually forgot to put the "Ultra High Risk" account in this update.
                              Yes the 4.5x risk account has not been performing well recently. Even though "high risk" has had enough wiggle room to survive this drawdown period, ultra high risk crapped out.

                              ** NOTE: I have considerable skin in the game on these strategies that have failed. I lost $10,000 and

                              So as I have always done, I will focus the remainder of the month on the strategies that are profiting well, fund that ultra high risk account again in the next month of April, and I will try to tweak either
                              1. duration of each trade
                              2. favorable excursion
                              3. adverse excursion
                              4. quality of entry level (probability of success must be confirmed to be higher
                              I still believe in this "ultra high risk" account but it is extremely sensitive to the above factors and it requires surgeon-like precision. This system has had sufficiently lengthy periods of profit generation, so I will re-start it next month.
                              Last edited by OutsideTheBoxHK; 03-07-2019, 08:33 PM.
                              “Learn from your mistakes and do not give up!”

                              Outside the Box - Myfxbook
                              Outside the Box - SimpleTrader Trade Copying
                              Outside the Box - MQL5 Trade Copying
                              Outside the Box - ZuluTrade (performance fees & trade copying)

                              Comment

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