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jai11, you have to sleep sometime!
How are we protected with a stoploss when you are sleeping?
Do you have a stealth SL in place?

Yes i sleep every day but don't worry you all are protected i do have one hidden SL from broker otherwise it will always hunt our SL. and hotforex always do...that


Cheers.

My results from Sunday night... about +300 €, this is +6% of the account with a maximum drawdonw of 9% of the account, now the floating loss is less than 1%.

I missed some trades for the leverage problem I said before...

Hi guys, here are results on my demo. I guess I have missed some trades as some pairs Jai trades arent on this platform, still going good.

Wonderful results so far, this night was really amazing.

Frankly speaking, I am very keen to see how you handle a big move against your positions. The last days you only had winners, but your system is poisoned to get into huge drawdown very fast. As everybody knows, what can happen will happen in forex business.

Before I will put the signal on a live account, I will study your handling of being in a trend on the wrong side. At the moment volatility is low and almost every pair is ranging – perfect conditions for your system.

There was no answer regarding the question earlier in the thread about your system. How long have you been successful with this system?

Do you have any proof for more than the few days we see here?

Cheers

Great results, but my question as well.
I missed some trades due to being "over" leveraged.
Current drawdown - net: - $40.55

Firstly Thanks to all for posting your results.

Yes i have traded with this strategy for long time but i don't have any conserved history data to show as proof since i always traded on demo and kept changing my broker time to time for more accuracy but i assure you the results will be the same. I trade on demo because forex trading is prohibited in India you may google it but many Indians do have trading account i don't know how they deposit and withdraw funds but from my card it can't be done because it is regulated by bank that's why.

2nd I always trade on 15 min TF and have set moving average and S&R level so for any open position if their is a reversal i immediately close the position i have attached two example of my SL 1st one is of Eujpy already closed and another of cadjpy we are still in the trade apart that other indicators also give the conformation to get out and also i would like to say we have immediate DD because i open many trades at once immediately my entry conditions are met but that's not a problem and the way i trade i guarantee whatever the market condition will be we will always end up with profit ..


Have a great day to all

Very good results last night, about +7% of the account with 4% of maximum drawdown, and not only one trade opened with less than 1% of floating loss.

So far (in the 8 days I followed your signals) the maximum drawdown was about 10% and the total performance is about +30%, I hope you can maintain this results long time without big drawdown, this is my worry for scalping systems with big lot sizes, a very important drawdown can appear in 1 minute with a important movement against our orders, let's see the next days...

Trying to fix tradecopier, but something's not working. Can you explain?

Hey,

Can you get me on skype so that i can help you [email protected]

I sent a request

Can trades copied to other platform like FXCM trade station

Hello friends,

Had some loss today.. but not to worry because we are still in profit since Monday and the open position will end up with profit... and one more think i guess some of you are not yet totally convinced so that's why i am throwing a two week more free trial those who have already subscribed will only be charged $1 ...


Cheers...

Really not good results last night, I will wait some hours to post the results here to see how the floating loss works...

The problem with over leverage trades continue Jai11, I did not take some trades last night because with leverage 100:1 there is not enough free margin to open more than 6 trades at the same time... when will you change to a new demo account wiht 100:1 leverage to avoid this problem like you said in a previous post?

I am interested in your 2 aditional free trial weeks Jai11, I think this is a good idea, so we can see the results in a full month before to decide to buy.

Thanks

that's great friend soon after all the trades are closed i will change the the broker bydway which broker you are using..

In my demo test I am using admiralmarket broker (http://www.admiralmarkets.co.uk), they have delegations in a lot of countries (in mine too) and its "Pro" account is a ECN account with very good spreads and execution... They are regulated for UK FCA so the funds are secure for up to 50.000 Pounds for UK FSCS, and I like this...

I would recommend brokers such as Armada Markets, IC Markets, Global Prime, Lmax ... to all brokers who are top notch. Admiral is ok, but much better terms with these top brokers. We need to look leverage, spread. And these brokers are better (Armada, ičmarkec, global prime ...) and most importantly they are all regulated by law. and to the ECN accounts

Yes, at the start of this test I used LMAX broker and I recomended to Jai11 other brokers like Armada, now I am using Admiral because I like to test this in different brokers and when I am looking for a good broker I need 4 things:

1.- Good spreads and execution, this is basic, without this the broker is not valid, and more for scalping systems.
2.- the broker have to be regulated by a solid regulation like FCA in UK.
3.- the funds that I deposite in the broker has to be ensured for a recognized compensation fund scheme, so if borker bankrupts you don't lose your funds... For example, the money deposited in the brokers regulated by FCA in UK are ensured for the FSCS fund comensation scheme up to 50.000 pounds. So even in the case that the broker bankrupt your funds are sure, and if the broker can not return to you, the FSCS will return to you... for me this is basic to sleep well int he night, we all know some reputable brokers that bakrupted in the past like PFG Best and other...
4.- I like that the broker can be near of me, with a office in my country and speaking my languaje, so if there is a problem I can have better support...

These are my 4 rules...

I have to say that I have problems to open an account with Armada or ICMarkets because they don't fulfill the rule 3 and rule 4, but most important is rule 3, the funds are not ensured for a comensation scheme, so if the broker bankrupt you can have problems to recover your funds... I know that the broker will say that there is no problem, but I remember that PFG Best said the same before they stole the money of the investors even when they said that the money of investors was in segregated accounts... The most important is that the funds can be sure in the broker...

I know that Armada is being regulated by a important regulation jurisdiction, maybe in some time this process will finish, when this happens I will open an account with them without doubts...

My results for last night:

a net loss of about -1% (-40 €) with a maximum floating loss of about -16% of the account (-800€). Now there are 3 trades opened with a flotaing loss of about 5% (-250€) in my 5000€ demo account. Like I said before, I missed some trades for over leveraging (my broker is 100:1).

oh!!! we had a bad day indeed but not to worry as I said we can't win every race i guess a 1 % loss will not affect your overall profit.. I appreciate, keep posting your results i will also but its still night here

Cheers