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JP Signals Unbeatable *FREE* Through Trade Copier

  • #1
  • First Post: Edited Jun 12, 2014 12:54pm May 19, 2014 10:47am | Edited Jun 12, 2014 12:54pm
Hello everybody ,

I had started this thread 2 weeks ago offering my signal service to you the strategy was 10 pips profit tp and the sl was on trend reversal at the end of the week due to the sl method their was a high DD which forced me to revise my system with some change to minimize the DD and to increase the profit potential of each trade. Now I put forward to you my signal service for FREE absolutely no cost for the complete month of June ...

Changes Made :
* Their will be a fix Sl which is 40 pips for every trade and trailing stop to minimize the loss and exit with profit
* The take profit will be 30 pips for every trade SL and TP will depend on the trade type from now i.e. 6/13/2014
* we will only enter the trade confirming the higher time frame so very less chances of getting a trade reversed against us.
* We won't enter into many trades only in which we will get high probability entry to enter.
* Numbers of trade you can expect is 5-10 per week
*****************************************************************************************************************
Update : From Now their will also be some long term trade for big move initially the sl will be bit bigger for some trades

Results will be posted every week .

​Money Management : For every $100 0.02 lot preferred


The link to subscribe : http://www.simpletrader.net/index.ph...7fcfde3d988142
  • #2
  • May 20, 2014 2:25am May 20, 2014 2:25am
Today's trades.. Very Slow day.. 27 pips $433 profit... (Same account but showing only today's profit.)
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  • #3
  • May 20, 2014 3:15pm May 20, 2014 3:15pm
Interesting, testing.

Thanks
  • #4
  • Edited 5:43am May 21, 2014 4:32am | Edited 5:43am
One question Jai11, I see your trades does not have SL, and the system is a scalping system, so you use a big lot size... how manage the risk to avoid that a impotant quick price movement against a trade can blow the entire account? why don't you use a security SL to prevent this? I am worry when I see trades without SL and with big lots.

The results so far (12 hours of trading) is really good, about +10% of the account (with about of 10% of maximal drawdown), I will publish here at the end of each day...
  • #5
  • Edited 6:10am May 21, 2014 5:52am | Edited 6:10am
Quoting fofactsp
One question Jai11, I see your trades does not have SL, and the system is a scalping system, so you use a big lot size... how manage the risk to avoid that a impotant quick price movement against a trade can blow the entire account? why don't you use a security SL to prevent this? I am worry when I see trades without SL and with big lots. The results so far (12 hours of trading) is really good, about +10% of the account, I will publish here at the end of each day...
Hey fofactsp,

Don't worry, I do have Stop Loss but a strategic once based on MAs and S&R, I do not put a SL number but i keep monetizing the trade and once it qualifies for it i do close the trade... crossing of the MAs because i don't know when the MAs will cross ... and i would be very happy to see your results.. i'll post mine too..

Cheers
  • #6
  • May 21, 2014 10:22am May 21, 2014 10:22am
Today's Trades +$693 1 position still open ... two weeks trial will end soon ... do try the service
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  • #7
  • May 21, 2014 11:06am May 21, 2014 11:06am
In my VPS I am running your signals in a demo account of 100.000$ the result for today was about + 10.000$, so it is +10%. The maximal drawdown registered was about 10% too...

I put a capture of this results. But I see important differences between your results and mine, maybe the tradecopier is not working 100% well. So if you see my results and compare trade by trade with your results I see the next differences:

- The most important, you have 1 order still open, and I don't have it, all my orders was closed already, so I have one order closed more than you: I have a NZDCAD order closed, and I think you have this order still open, why?

- Your GBPUSD order was opened at 04:46, so in my broker with -3 hours of difference from your broker time this trade should be opened at 01:46 (04:46 - 3 hours), but not, in my account this order was opened at 03:17.

- Your CHFJPYorder was opened at 04:47, so in my broker with -3 hours of difference from your broker time this trade should be opened at 01:47 (04:46 - 3 hours), but not, in my account this order was opened at 03:17.


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  • #8
  • May 21, 2014 11:20am May 21, 2014 11:20am
Quoting fofactsp
In my VPS I am running your signals in a demo account of 100.000$ the result for today was about + 10.000$, so it is +10%. The maximal drawdown registered was about 10% too... I put a capture of this results. But I see important differences between your results and mine, maybe the tradecopier is not working 100% well. So if you see my results and compare trade by trade with your results I see the next differences: - The most important, you have 1 order still open, and I don't have it, all my orders was closed already, so I have one order closed...
hey fofactsp,

Great analysis done by you really and thanks for the awareness. I think answer for your questions will be.. its all about broker's server time and the most weird THE SPREAD . can you please tell which broker you use i should change my master to that. What the problem with hotforex is it does not close the trade even after hitting the tp it goes 5 pips more down to close (WEIRD SPREAD) and that's why only i have still one position opened with me .. and the answer for your next two questions :- i really don't know lol.. but i will soon let you know let me have a chat with their customer support..

Good Day Friend
  • #9
  • May 21, 2014 11:37am May 21, 2014 11:37am
Thanks for your answer Jai11...

The broker I use is LMAX (http://www.lmax.com), for scalping I think it is one of the best brokers, fast execution, low spread... To open real account it needs 10.000$ but if you open with a IB you can open from 1.000$ with the same conditions...

I am chating with the customer support of the trade copier too, very good support I have to say...
  • #10
  • May 21, 2014 11:56am May 21, 2014 11:56am
Answers of the customer support of the trade copier:

For the first questions (my closed trade NZDCAD) like you said the problem is the difference spread from my broket to yours.

For the last two questions about the time of open the trades, the customer support said that my copier EA was diconected for some time and for this reasson the trades was not opened by the trade copier until the EA was reconected again. The reasson of this disconection can be very differents:

- My VPS was a problem with its conection to internet (strange)
- My broker disconects for some time... this is possible, all demo accounts of all brokers are diconected in the night for daily maintenance...
- A problem in the trade copier server. The customer support said that thera was not any problem with his server last night...

So the most problable cause can be that my broker disconect some time during the night and this causes this problem

Jai11, one dount, do you trade always the asian sesion? don't you trade other sessions?

Thanks
  • #11
  • May 21, 2014 12:14pm May 21, 2014 12:14pm
Quoting fofactsp
Answers of the customer support of the trade copier: For the first questions (my closed trade NZDCAD) like you said the problem is the difference spread from my broket to yours. For the last two questions about the time of open the trades, the customer support said that my copier EA was diconected for some time and for this reasson the trades was not opened by the trade copier until the EA was reconected again. The reasson of this disconection can be very differents: - My VPS was a problem with its conection to internet (strange) - My broker disconects...
Actually i find best set-up in the Asian session only and i don't like such high volatility during the London session .that's why... yes i always or i should say most of the time i enter during the Asian session only for the best result.. and sorry for the late reply their was a earth quack here in India so i went out lol.. and in trade copier it happens i even chat but it will only enter if trades are negative in master.. and can you please suggest some cool broker for scalping other then lmax..
  • #12
  • May 21, 2014 12:23pm May 21, 2014 12:23pm
I understand that Asian session is the best time if you are looking to be far from volatility markets, it is ok for me...

Other good broker for scalping is Armada (http://www.armadamarkets.com), good spreads and fast execution.. .much better than Hotofrex I think :-)

OK, let's see the results for tonight, I hope you can get the same results that yesterday lol
  • #13
  • May 21, 2014 12:26pm May 21, 2014 12:26pm
Quoting fofactsp
I understand that Asian session is the best time if you are looking to be far from volatility markets, it is ok for me... Other good broker for scalping is Armada (http://www.armadamarkets.com), good spreads and fast execution.. .much better than Hotofrex I think :-) OK, let's see the results for tonight, I hope you can get the same results that yesterday lol
Thank you and will be checking armadamarkets too..

Have a good day ahead..
  • #14
  • May 22, 2014 3:17am May 22, 2014 3:17am
Proof me wrong, but I am a little bit concerned regarding today`s trading. Output is fantastic, but for me it was more or less gambling not trading.

You still had several open trades at the opening of London session. Votality kicked in and in my opinion it was just pure luck that you got your 10 Pips on the trades. Could be in bad DD as well.

I really like the concept of scalping during Asian session, but I would prefer to be on the safe side when votality increses.

Actually there are still two trades open with some low DD. I would like to know:

Do you hold trades during news?
Do you trade before news?
Do you have a max. DD in Pips besides from S/R and MAs where you will close a trade?
Do you hold trades over the weekend?

Cheers, may the green Pips with you!
  • #15
  • May 22, 2014 4:12am May 22, 2014 4:12am
Quoting Squarix
Proof me wrong, but I am a little bit concerned regarding today`s trading. Output is fantastic, but for me it was more or less gambling not trading. You still had several open trades at the opening of London session. Votality kicked in and in my opinion it was just pure luck that you got your 10 Pips on the trades. Could be in bad DD as well. I really like the concept of scalping during Asian session, but I would prefer to be on the safe side when votality increses. Actually there are still two trades open with some low DD. I would like to know:...
Hey squarix..

Actually 1 or max 5 trades i can win with my luck but not like the results shown above... These two might hit SL as no one can win every race today may be the day apart that i was having a look to my chart i already missed two trades. Yes i do hold the trades during the news it does not matters for my system i do have a sl if something went wrong we will be out but we will always have more profit then what we lost that's why i am giving 2 weeks free trial so that you can analyse my trades whether i am gambling or not trust me friend i never gamble i bet you will be very or i should say extremely happy with the results you will get at the end of the week.. Let the burden of closing the trades be with me.

Cheers to you..
  • #16
  • May 22, 2014 4:26am May 22, 2014 4:26am
Quoting Squarix
Do you have a max. DD in Pips besides from S/R and MAs where you will close a trade?

yes i do have a max DD but i like to give space to breath sometimes 20 and sometimes 30 depends how far MAa and S&R ... A strategic one.. and for the current two trades i am still in a positive mood that this will end up with profit... its only 7 pips (-) for the first one and 9 pips for the second (currently) let it run..
  • #17
  • May 22, 2014 5:14am May 22, 2014 5:14am
I have to say that I am a bit worry too about to hold trades opened during news, for example, now whe have a open trade in USDCAD with about -7 pips and in about 2 hours there are very important news for USD and for CAD so in that moment the price can move very very fast and in less than one second the price can move more than 50 or 60 pips, if this movement is against our trade you will not have time to close it witout a very imporant loss, and the tradecopier has a delay, so there is some time from when you take an action in your account to when we see that action in our accounts, so I really think it is riskly to holp open positions before important news witout a security SL... even with a SL the slippage in news time can be huge... don't you think this jai11?
  • #18
  • May 22, 2014 5:21am May 22, 2014 5:21am
Quoting jai11
{quote} yes i do have a max DD but i like to give space to breath sometimes 20 and sometimes 30 depends how far MAa and S&R ... A strategic one.. and for the current two trades i am still in a positive mood that this will end up with profit... its only 7 pips (-) for the first one and 9 pips for the second (currently) let it run..

I am not at all concerned about the two trades in DD, but about the trades that closed in profit literally within seconds at London open. THat could have been a huge move against us.
  • #19
  • May 22, 2014 5:23am May 22, 2014 5:23am
no it won't happen .. i am their to watch all the price action and i always trade with the trend in small TF so when their will be a reversal i will close the trade don't worry i don't know how to explain the correct answer for your question but i can assure you you will never have a bad day judge yourself for the next two weeks..


Cheers
  • #20
  • May 22, 2014 7:07am May 22, 2014 7:07am
Quoting Squarix
{quote} I am not at all concerned about the two trades in DD, but about the trades that closed in profit literally within seconds at London open. THat could have been a huge move against us.
Ohh!! if you are asking about that then i should say literally all my trades close like that only.. i do analyse the volume and all... be with me for next two weeks you will come to know.. and you will be very happy ...Cheers
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