Linzaroo's Transition From eToro To Darwinex

Folks, unfortunately we had a REALLY bad day today. After 5 winners in a row a loss finally came (as they will) and it's not so bad that it's nearly a 3% loss...what's BAD is that I didn't allow our 5 previous WINNERS to run the full course of the day from start to finish, allowing us to have enjoyed 2-3% over the day. It wouldn't hurt so much to lose nearly 3% if you've made 10-15% prior to that.
After reviewing our previous trades from this week, I realised that I was leaving so much more money on the table by worrying about news events and closing out early, when in fact, news releases don't appear to have much effect on this style of trading. So today I promised myself that I would hold out until the very end of the day...win, lose or draw! We lost today but, that certainly won't always be the case. I know there are folks that keep adding money after every win but, I would STRONGLY advise against that in the future. This method sometimes goes 18 days without a loss but, losses will occur and they're not likely to happen twice in a row. I would hold out ever adding to the fund until a loss does occur.

Now, I have configured next week's trades and most of the trades that we have now are signals for Monday as well so, I will keep those positions open because swaps are minuscule compared to the spreads and commissions involved with opening new trades. I did this same thing last Thursday and everything worked perfectly.

I have now closed all trades that didn't appear as a signal for next week and there will be 6 new pairs to add to the mix come market open. Sorry for the down day folks. We will certainly make up for it, I assure you.

One last thing. I have set my Trade Explorers to be visible to buddies only. You guys are my buddies so I thought you could all see it. I have been searching FF to try and determine what constitutes a buddy. Try subscribing to this thread if you haven't already and see if that works. If it doesn't I will have to contact support. If any of you would kindly let me know if such action works for you, I would greatly appreciate it. Have a nice weekend my dears! xxx

There isnt much that would have helpt today i think. Only at the end of the day we know what chances there where. Lets hope next week brings us 5 green days!

On regards to the buddy system. I am subscribed to this thread and you but i still cant see the trader. I will also try and find some info aboutthe buddy system. What have found so far is :

Privacy Permissions

In your Trade Explorer's settings you can specify who can view it. Choose between 'Public' (everyone can see it), 'Members Only' (only Forex Factory members can see it), 'Subscriptions Only' (only members you are subscribed to can see it), 'Buddies Only' (only your buddies can see it), or for the utmost privacy you can choose 'Me Only,' so only you can see it. You can set permissions on certain types of information as well, such as money, lots, stop losses, and profit targets.


https://www.forexfactory.com//resour...orer_perms.png

Maybe set it to subscribed only and then sub to the members you want to share it with?
Nothing so far on how to set buddys.

I found out that when two members are subscribed to each other they become buddy's!

Yeah, I saw that too Shalel, however, I do not seem to have that little "subscribe" emblem on my mobile phone. I will be home later tonight and I will try from my computer. I have noticed another function that wasn't available from my phone but, was on my computer. Hope you're having a good weekend my friend! xxx

Its oke. We can wait a bit more
Weekend is a bit slow here but thats a good thing. Nice and relaxing. Hope you also enjoy the weekend

And here l am, Linda. hahaha. so l exploring Darwinex and like you can see l am here also. l still cant see your trades but no rush will be sorted somehow. for now have a nice trading week specially after last Friday.

Klemen

Hello Linda, finally I was able to move my funds from eToro to DX and on friday morning I started to copy you on DX - of course the worst time possible, but I am used to it I had to change my name, changed it to Nxau. Good luck to us.

I purposely avoided any contact all day this trading day with the computer screen, just so I could have the will power NOT to interfere with the trades and allow them to run their course. Well, two bloody days in a row of BIG loses is enough! I know this strategy works well under most circumstances BUT, losing like this makes me realise, and helps reinforce, just why I implemented Sine Wave in the first place...I NEVER like to lose! EVER!!!
What I am going to do now, which is probably what I should have been doing in the first place, I am going to use this strategy to enter trades because ,it does work the overwhelming majority of the time. I am going to do so like in Sine Wave. Only trading positive swap currency pairs in the direction where we get paid daily for holding on instances such as this. Now, this will take quite a bit of time for me to manually correlate the 23 pairs that we will be trading but, I should have them up and going before the next London open.
Sorry for another disappointing loss folks BUT, this certainly ends today! xxx

Hey Klem and Juraj! Glad to see ya fellas! Yeah, we got hammered a bit but, certainly nothing I cannot tweak to our favour. I can be down but, I am NEVER out! LOL! xxx

Linda, please I have few questions:
1) on 7th of sept. on Forex News Bytes blog you wrote: There was NO way that I would trade Sine Wave with them because they were not showing positive swap interest from trades. In addition, they implied that they would cancel trades to protect everyone if I started to trade in a manner that THEY deemed as "risky"
And now:
So how is it?

2) Does DX pay refunds for opened positions or not?
3) In eToro I mainly liked your Sine Wave strategy, because thanks to the refunds we could wait for the green comeback of red position for undefined time. But with your new strategy you are closing your positions during night, which means you are losing our capital (cause you are realising the drawdown). Am I right?
Thanks, bye

Hi Juraj. Sorry for any confusion. I am quite new to Darwinex myself so I haven't completely understood how they do things. I am learning though and to answer your question about swaps... the answer is YES. they do pay positive interest. Shalel helped confirm that about a week ago and I also found an email that had slipped my attention from Ignacio who confirmed the same.

As far as them intervening in my trades, I cannot see that as an issue now, since I have seen the amount of margin they require. I haven't been getting anywhere near what would cause them to interfere. Just like any other human being, I hear something then alarm bells go off! I am quite convinced that they will NOT be interfering in my trades from fear of me trading in a risky manner... I don't so they won't.

Now, I assure you that I was more sad about these past two losses than anyone (lost more money too which I HATE!). If it was purely my money at stake, I would have gone in again for day three, just like the two previous days. I truly don't want any of you to lose money though so, I am tweaking this to make it better for all of us. This truly is an awesome approach but, I have to manage things better. The BEST management system I have ever seen though is Sine Wave. It keeps you from over trading and allows you to retain the strength of your capital. I will fuse this new strategy into Sine Wave and I am certain it will be as great as I know it can be.

I will make a post in a moment for everyone explaining what is going to occur. Relax... it will be great stuff! Love ya mate! xxx

Well lets see how things go. I also liked the Sin wave so if its a bit of a mix i am all for it. Red days will always be there but lets hope we have way more green so we stay well in profit Witch i am sure we will have.

Regarding the FF trade explorer did you manage to get it working for the buddy's?

@svk-bungee
Regarding the overnight fees you can see them on the left when you have Darwinex open. Its under the rebates(hang holding money) icon. There you can see it every day. Rebates go to youre available funds and not in the copy. So you can save them up and add or just let it idle in youre funds

No Shalel. I don't seem to have the subscribe option when viewing my buddy's. I guess that has something to do with me being labelled as a commercial member. I will send a message to Twee on FF and see if there is something she can do xxx

That would be a sad thing if that would be the reason. Lets hope they can give you a normal status.

OK folks. I have spent all day trying to get everything absolutely perfect. I added another £3,600 to my account now and will add another £1,500 by next month.

I will be opening trades just at the close of London. This will be my new method of operations. 1) Only trading signals that offer positive swaps. 2) Taking advantage of end of day reversals after the London close. 3) Endeavouring to close before the next London open (preferably before the Frankfurt open) so as to avoid negative news influence. 4) If not in profit with whole basket, will leave trades open to collect interest. Rinse and repeat xxx

Oh, just to be clear... none of you have to add funds just because I did. This ain't eToro! Darwinex really has figured this copy trading thing out. Good on ya Darwinex! xxx

Well folks, unfortunately there was only a single trade to enter this morning, a short on EURCAD. There were more signals, just not of the positive swap variety that we were looking for. Because of that and because there is very little news data being released today, I will more than likely look for signals for the European session as well. That way we get a bit of action! Lol! A single trade ain't doin' it for me my peeps

Anyway, I wish you all a good night. Truly hope none of you got hit by the crypto drop today. My hubby has been tinkering around with them and he was absolutely LIVID when we woke this morning. All I can say is that he should have listened to his wife! Lol! xxx

Good morning sleepy heads! Just entered five new trades to keep our lonely EURCAD short trade company. Long USDNOK and 4 shorts on EURMXN, EURUSD, GBPMXN and GBPUSD. Let's see if we can get them closed in profit before it's pub time over there xxx

Good afternoon Linz, got a little bit of money in my Darwinex account now, how the hell do I copy you ?

Hi Chiang! Are you fully Thai now? You're TRULY my neighbour now mate!

My Darwin is HGF. I haven't done the copy thing on here yet. Been a bit lazy. Lol! On the first page of this thread, I have supplied the link to my Darwin. Let me know if you still can't do it mate and I will look a bit further into it. Glad to hear from you again buddy