Linzaroo's Transition From eToro To Darwinex

Well that's what i call a boring few weeks, watching the same 5 trades go up a little bit, then down again , then up, down, up, down..... rinse and repeat

Now it's down to watching 3 trades, it will take 20+ years to recoup our loses at this rate

Well you are persistent believer
I check this thread and HGF performance on Darwinex once a week.

I trust Linz, I know she will get us back up and in profit once everything settles down

You wanted action, you've got it!

That's better, now we'll start to fly... Go Linz, show them how good you really are

Dear Linzaroo!

I stumbled across your opinion regarding Olivier Danvel's performance on Etoro. Can you please elaborate it? I am following his trades separately with higher leverages since this year's January, and aside from the normal drawdowns, he has been really consistent, and as I see, his track record is really good as well. I know he is usually accused of using Martingale strategy, which he always refuses, can you explain it? He says it is a Scaling strategy according to his analysis. I was really satisfied with his performance so far, but these comments worry me, as I plan to add more funds to my account. Can you please explain it to me as a novice?

Thank you for you time and effort in advance!

Best regards,

2 months and no sign of Linz

From her profile it looks like she was last online 26th June

But not a word from her in here since May 1st.
Maybe she's making more spaghetti

Linz seems to have disappeared, I'm wondering whether it's worth sticking around or pulling out with a loss and investing elsewhere

Hey folks. So sorry I have been a bit unavailable lately. I am certainly checking in from time to time but, I have been so busy that it's hard to remind myself to come back and reply or comment on something that is not of grave importance. I have had to return to copyrighting work as having lost a good chunk of my trading capital, I cannot sustain my lifestyle from what remains. It would be a different story if clear trades would present themselves but, unfortunately, that has not been the case for the last few months.
In addition to me working, I have been looking after my elderly Mum as well has home schooling my kiddos as I cannot send them back to school while looking after her. I will always be trading when there are opportunities and I will do my best to start communicating a bit more. As far as anyone reinvesting, I must say, as I always have...we are EACH individual investors in our own right. What ever anyone feels they must do, I will not feel in the least way slighted. However, I shall do exactly what I said I would do. I will continue on with the HGF Darwin until I return to the 117 quote mark that I had achieved before the COVID-19 debacle. I will do this even though I already have long created another Darwin (WIG). If you wish to keep investing with me, do not swap your funds over to that Darwin, otherwise you will be obliged to pay dividends to me every quarter. I would not feel good about that as I have some catching up to do before I feel worthy of commanding any dividends.
Love yous all and I hope your staying safe in this CRAZY frickin' world we are living in these days! xxx

Sorry Chiang my friend...and YES, spaghetti is a common thing that I have to bloody make CONSTANTLY! xxx

Keep spirit !
Hope You will in profit (again)

Recovery is a very challenging journey

Hey dankam! I truly don't want to get on the band wagon of bashing Monsieur Danvel. He has obviously acquired a phenomenal strategy to insure that every month he ends in green. That is truly a hard task to replicate as Forex is certainly a difficult task to master.

What is concerning to me is that he has NOW been governed by always having green stats by the end of the month. Even if that means NOT trading towards the end of the month if he would risk his "greenness" for that month in doing so.

Remember, eToro is not like Darwinex where your performance dictates your income. With over 10,000 copiers, all copying him because he doesn't appear to lose money, his biggest risk is ending the month at a loss. Therefore, his goal is purely to end in green, not necessarily to perform to the best of his ability. That should be concerning to anyone. He will make 10's of thousands of dollars each and every month so long as he maintains this feat. Even if the green month is less than half a percent, he keeps his record AND his admiration, along with all the money eToro pays him.

Now, as far as his exact method of entering trades, I do not know. What I do know is that he enters trades and almost always is wrong initially. Not that that's not such a big deal, I am often wrong too. What he does though is he enters small positions initially and as the trade goes against him, he adds further, sometimes larger positions throughout the life of the trade. You can see evidence of this by looking at his trade history. He will have scores of trades on the same pair at the same time with many of them being loses while the larger balance are winners. He calls it "scaling"...I call it stacking.

Now, is it martingale? No, not in its truest sense. He more than likely has a limit to how much he is willing to stack as he won't ever jeopardise his PI status payments by going over the level 6 risk factor prescribed by eToro. However, if he is barely making a half of a percent per month, that return is a VERY risky incentive for him to one day be on the wrong side of his stacking!

Just recently, I was long on AUD and NZD pairs and when the effects of COVID 19 hit the market, those currencies suddenly tanked and I lost quite a bit of money! All with merely having single entries. Imagine if I had multiple entries all in hopes of price going up in my favour at the time the panic set in?

From what I can ascertain, Olivier is content on making around 0.3% per month on average ,so long as he is making his kick back from eToro. Keeping it green is his ONLY concern, not making money for his investors.
For that kind of return, which would equate to around 4% per year compounded, you are risking him losing a HELL of a lot more if ever he is on the wrong side of a trade. If you look at his risk score throughout time, you will see that it increases considerably from the "1" he likes to maintain for show. Unfortunately, ALL of his money gets made only after he increases his positions, and his risk!

My advice is, if you are happy with 4% returns per annum, simply invest in a good index or mutual fund. Google it... there's plenty around. I live in Australia and I am not sure if Magellan Group is there where you live but, it returns anywhere from 10-20% for me. I am sure something exists of that nature in your neck of the woods.

If you're simply mimicking his trades, with higher leverage mind you, my advice is....be careful! If you DON'T know what you are doing, then don't do it! Instead, find indices like the Dow, S&P, Dax or FTSE and buy them when they're extremely down, with singular leverage. You will VASTLY perform better than Olivier Danvel AND could perhaps get a bunch of copiers from eToro to boot!
Cheers, and Happy Trading! xxx

Thanks mate! I'm still well in profit. My hubby and I have been living off of trading profits for several years. Just lost a good chunk of my seed capital though

I'll get it back. 100% guaranteed. Happy Trading to you my friend! xxx

Welcome back Linz, don't be such a stranger in the future, I have faith in you, but it's nice to know what is happening now and again xx
Stay safe and look after your little spaghetti guzzler

Thanx Chiang! You stay safe and well too my friend! xxx

Alrighty folks. We've got a clean slate again. Had to make a few adjustments regarding my trading method and now, I think we have something solid that will help reduce early entries that lead to our trades being drawn out longer than I would like. What I am aiming for is in and out...easy peasy! All prior trades were closed in profit and I have entered a new long GBPCHF position that hopefully will be closed sometime today in profit as well. Hope you're all having an awesome week of trading. Love yous ALL! xxx

Hi Linz
You're doing great since the Covid crash, I'm now up to the giddy heights of minus 42.19%, which is a great improvement,..
I just wish the EUR/AUD on the chart would disappear, I can't understand why it's still there as you closed it months ago