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Please help me welcome Steve from SPM Capital Management
Hi Tripzor, - i see you run 4 signals in different settings. Aren't you so much over-leveraged ? How did you decide those settings ?
I'm aiming for 8-10% monthly.
My tactic was to set 4 Signals on 4 Different currency pairs. I also tried to pick signals that are flat mostly of the time.
But I already got stuck in a draw down of Viper and GoldStar, So will lower their risk in the future.
I knew Viper as a trader that got in and out of the market in minutes. Few pips every time. But then he created a giant basket.
So I got caught in a correlated draw down.
I have some questions about your Manual system that could be useful for many users:
- Do you confirm what you stated on last November about maxDD? Maximum drawdown will not exceed 15%. Please note that the Maximum % Drawdown Allowed for this system is set at 15% within SimpleTrader.
- What is the minimum Balance to follow your Signal?
- What is the maximum Risk Factor suggested to follow your signal?
I have some questions about your Manual system that could be useful for many users:
- Do you confirm what you stated on last November about maxDD? Maximum drawdown will not exceed 15%. Please note that the Maximum % Drawdown Allowed for this system is set at 15% within SimpleTrader.
- What is the minimum Balance to follow your Signal?
- What is the maximum Risk Factor suggested to follow your signal?
A little probing. In the history I see between Mar'15 and Sep'15 you made on average 2-3 % per month. This suddenly jumped to 14% and 20% in subsequent months. What is the reason for this jump? Did you change your risk parameters ?
Question2: on your new Big Account there is only 1 EURUSD trade open while on the Master there are 4 trades open. What is the reason?
Hi.
I did not change any risk parameters, I just saw that there was more opportunity in the market for me to make pips. I was heavily short on eursud as i was sure the fed were going to raise rates in December. So I was trading into that event.
The new account was only opened on the 2nd February, thats why the previous trades aren't there.
A little probing. In the history I see between Mar'15 and Sep'15 you made on average 2-3 % per month. This suddenly jumped to 14% and 20% in subsequent months. What is the reason for this jump? Did you change your risk parameters ?
Question2: on your new Big Account there is only 1 EURUSD trade open while on the Master there are 4 trades open. What is the reason?
Thanks for the response Nick. I alway have concerns when traders don't have enough skin in the game. I might try him small at first then add to it when I see more account linked in the future. Cheers
For the reasons Nick mentioned at present I'm unable to deposit into the master account. I have this new account linked via a trade copier on my VPS.
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