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Outside the Box -- Signal and Mt Cook PAMM fund

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  • Wel i can tell you that Viper ego was so big he could not take a loss. I found him a very poor trader.
    I never understood why so many people followed him, scalping for a average of 7 pips dont impress me at all.

    The video's on You Tube with Viper are pathetic, 6 monitors 1 tablet 1 Iphone live squawk forex news
    the clown was trading only 1 pair EURUSD

    PS
    The Bahamas ? Is he on the run for some investors ?

    Comment


    • Originally posted by RenkoGuy View Post
      Wel i can tell you that Viper ego was so big he could not take a loss. I found him a very poor trader.
      I never understood why so many people followed him, scalping for a average of 7 pips dont impress me at all.

      The video's on You Tube with Viper are pathetic, 6 monitors 1 tablet 1 Iphone live squawk forex news
      the clown was trading only 1 pair EURUSD

      PS
      The Bahamas ? Is he on the run for some investors ?
      Many of us here made some good money from him until his strategy no longer worked very well. However if I had known then what I know now I would not have followed him. Trading without a stop loss is now frightening to me! Holding losing trades for months in the HOPE that things will turn also doesn't sit well with me. And I agree his ego certainly did get out of control.

      Cheers,
      Rod

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      • Viper was a scam and smart , after he earned 1million from Nick he fled because he knew his strategy would not work in the longrun He knew he could not see the trend changes properly but hold onto trades and pray

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        • Medium Risk Strategy on Darwinex -- BUC

          Medium Risk-- Trade Copying on MQL5



          Medium Risk-- Reviews on MQL5

          > @irisheffey -- https://www.mql5.com/en/users/irisheffey
          2019.01.30 02:30 (modified 2019.01.30 05:52)

          I had been following Greg and his accounts for 12 months prior to subscribing. I emailed Greg during that period prior to subscription to ask him bout his trading system. He was quick and thorough in his reply.
          His system, has periods of heavy drawdown. This is part of the game in an average down system. He is currently primarily trading the AUDUSD pair as fundamentally, the Aussie is being weakened against the USD creating a prolonged downtrend. Greg then executes his system as opportunities occur on the charts. This indicates knows the risk and benefits of this type of system and only applies it to the best opportunities.
          Greg is a highly professional and dedicated trader. I am very pleased with his services to date. To date, of all the signals I have subscribed to, Gregs signals are by far the most profitable. I have had two accounts subscribed to his signals continuously for 6 months now and I am happy to report one is over 50% ahead while the other is over 100% ahead.
          I recommend this service if you are happy to accept higher drawdowns in return for higher profit.
          mediumriskReviews.JPG
          “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


          • This is another review

            We really appreciated your update on SimpleTrader (https://www.forexsignals.com/forum/f...mm-fund/page10) but until you reduce your current DD you should lower the subscription FEE. WE CANT PAY 69$ UNITL DD GOES DOWN. AND IT CAN LASTS MONTH!!!

            How much do you investors lose only on swaps and how long do you keep these trades open ? (USDJPY)

            Comment


            • If I may chime in here... I think its time to say you should can these high risk and ultra high risk ventures. I think it seduces the wrong people and people then expect the impossible which is for you to have perfect trading results each month. I think this would solve most of your issues.


              As for other accounts, I think letting people know what your thoughts are on the pairs you are trading and about how much more drawdown if any you are expecting on your current open trades would suffice. I talk with quite a few people here and most dont say anything but do support you and your trading. A very good friend of mine that has been subscribed to you for quite a long time got somewhat concerned when the drawdown went back into his principal eatting months of profit. This is at regular settings on ST. I think your strategy does very well in pairs like AUD/USD but I believe exotics and JPY pairs have way too much movement and leave your clients with too much exposure.


              The other side here comes from the perception of low risk that is advertised with your signal. While the previous months drawdown has been low, I think the recent jump in drawdown has just caused a stir because people are unsure what exactly to expect. Do they expect drawdown under 10% as you said previously you found unacceptable or what is in your history? I think that part is a bit confusing along with the statements of "my drawdown has gotten progressively lower". It leads people to believe that the lower drawdowns that were seen for many straight months is the norm.


              In any case, I do agree that the trolls deserve no answers if indeed they are true trolls.

              Comment


              • NextGen4FX
                I am keeping my forum posts to a minimum, responding only to accurate, respectful posts.
                I will keep tweaking the Ultra High Risk and High Risk, as at least the former is doing well. Ultra high risk is a bit of a Ferrari to drive I will admit.
                But the high risk accounts have made good returns if you take a longer perspective.
                As for drawdown, I have already set a max drawdown in the description, but yes I do try to keep it under 10% open drawdown.
                The most recent low risk drawdown topped out at 11% equity open drawdown, but this does not take into consideration that last month I had 7.53% booked profit and this month of March I already have 3.73% book profit. So when these booked trades are added into the open drawdown mix intra-month, really the highest overall drawdown from high water mark has been 5 to 7%. Very acceptable and manageable when you consider my average monthly profit on the low, medium and high risk accounts over 18 to 25 months of good track record.
                “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


                • Outside the Box Zero Spread. How many signals do you have on MQL5 ?


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