Jazz Live debuts

Today could be a day for yen longs.

GBPJPY to 171 and EURJPY to 136

USDCAD is headed to 1.07

The thing a bout Jazz is that Jazz does not have Drawdowns. It may not make money at breakneck speed some time but does not give back its winnings. Intra day losses and 2% floating losses are not something we are concerned about. In July it had a 15% DD but see how quickly it comes back and now is up 72%.

Markets awaiting volatility as EUR CPI to be released. Jazz in the meanwhile is cooling its heels as August draws to an end.


End of the month is the best time to register and get online
http://jazzforex.com/subscribe/

Hi pipvantage,
yesterday you was at more than 2% gain for the day, at some point you was even flat with that nice gain. Why didn't you stop trading instead burn all gains?
However seems hard week for your system, perhaps is because the volatility picking up a little more thank july and last weeks of august and your system could not make the same gains?

And today worse still, now down 5%.......last 30 trades have 27 losses and 3 winners and many open losses......and on myfxbook Track record is not verified......seems odd to me

Same questions as BW above for pipvantage: WHY, for God sake, you didn't stop trading yesterday when you was flat at +2% gain and about volatility increasing, it seems that your system cannot sustain at all more volatility than those saw on July and August, from this the disaster of today results (disaster compared to what your system did till today, of course).
I suspect your decision to start on July was due for this reason (low volatility = high results for your system), but this NOT give us at all the correct idea of your system performance.
You came here with no backytest and only 1 month and half of forward results on a DEMO account, plus a 4 month subscription at 920USD, so, if the system starts fail earlier in september, you have already gathered a lot of bucks in advance and you are free to fly away, like all the other signals provider since forex started.
We'll see after six months at least, if you'll be still here.

it gets worse......he is down almost 15% today alone.....40 trades 5 winners.....and i posted on myfxbook Discussion my concerns and half an hour later got a message saying "thread starter has blocked you, you cannot post any more on his thread" so it appears he doesnt like negative comments and blocks anyone that does. anyway 10 to 15% down in a day says it all for me, plus track record not verified, plus not a live account.........

@eamonitor @globebuster your created an account to come here and write that. esp when you are not even a member of us. you even created a brand new account at myfxbook to write that we are having a 15% DD. Well done.

I know how pained you are. Its a normal practice here at forexfactory for commercial vendors to be abused esp when they have drawdown. After all we ranked the shit out of the signal providers whom you represent I believe.

Here is the thing: We still have a 50% return in less than 2 months with DD under 25% (which is the designated max for the system). The SQN is 2.5 and TSS at 4.8. I think as reps of other signal providers or whoever we have ranked here, you should keep creating new accounts just to write and abuse us. We

eurusd breaks 1.3160 could flow down to 1.31 before any recovery. Unfilled gaps still remain at 1.3230.

EURJPY is the big mover coming to 135.

CAD GDP well above exp and USDCAD is on its way to 1.07.

Hi pipvantage,
can I know what happened today? I actually interested in your signal, but how is possible so many loser in a day after such performance?

Hi @blackwater.
Here is the link which we shared: http://jazzforex.com/forexwall/drawdown-and-losses/

Next month is a brand new month and Jazz is set for the new month
We ideally prefer folks to register for performance fee profiles. We do not want to take upfront fees but to make performance fee profiles commercially viable for us, we need to have clients trading above 30k. Below 30k, you need to pay upfront.

Hi pipvantage,
thank you for answer. So most of the losses are due to your manual trading not suggested by Jazz? How can I be sure you will not do this again? If I subscribe a signal I don't want that the trader do some "experiment" with my money, I think is understandable.
Cheers.

Pipvantage,

you are a very sad and poor man.

This post of yours say everything about you and your professionalism, that is equal to ZERO (you love playing and experimenting with subscribers money?!....What a sadness).

This post and your unfair behavior against your subscribers speak louder than any trading statement (btw, how can they trust and pay you that come here with only 1 month and half forward test and a lot of BS about your 7 years past trading your system for high ranked istitutional clients and so on??!!).

Better say with honesty "my system failed", your excuse is worst than the truth, but only you know what is the reality, in any case YOU FAIL. Period.

And no, I'm not related with any of the signal providers you speak about (easy to say so to cover your failure, right?).

People are not stupid Mr. pipvantage, maybe they have their dreams but they are NOT stupid.

Remember this next time before to come here and offer your latest "holy grail" system for 1.000 bucks (system that, duly like a clock, fails).

just seen these results on a different link, are they correct ?
-8.9
30.1 -21.2 -6.5 -9.6 -20.9 -11.2 -13.7 -6.4 -17.7 -10.1 12.2 -9.9 -19.5 2 -4.1 -13.7 -13.7 3.6 -4.1 41 -8.2 -1.8 -1.8 -0.5 14.5 -10.4 -8.6 0.8 -8.4 -2.6 -2.4 -3.6 -1.3 -3.1 -4.5 1.9 2.5 -13.2 -7.5 0.1 -19.8 -43.4 2 -21.5 -17.2 -3.5 -3.5 -4.4 3.4 -15.7 -13.5 1.6 -10.5 -8.7 5.8 -19.8 -3.4 10.6 5.3 -9 -10
-5.2 -4.4 -0.4 5.4 -21.3 6.8 -21 -19.9 -2.8 -31.3 -1.7 -13.5 -23.8 -9.9 0.8 -12.3 -11.7

@Gobbuster71 I never said its holy grail. I said its a superior trading system and it is. I stand by it. Trading metrics reflect that. lets track the system instead of saying its a failure. Its still made a 25% return. So maybe premature on your part to call it a failure.

@Blackwater I think the system will easily make another 20% in Sept. Maybe a few percentage more actually I dont think we will be trying the speculative crap we did on thursday and friday. We have a business to handle

Its very normal for trading system to have DD. Jazz is a ruthlessly superior trading system and it reflects in its metrics. It has a designed max DD of 25% and makes returns at the rate of 20% a month. It is designed with a SQN of 1.5 to 3.5. The monthly return to DD is an amazing 1.5x.

Almost 99% of system on internet have monthly returns / DD ratio under 1. Jazz has a monthly return at well over 20% with a current max DD of 15%. Total Return is @50% which means Return to DD stands at 3.5x.

Many people look at win rate as a way to judge a system. That is wrong. Win rate can easily be tweaked around. let me a give a example:

1. Assume you take 10 trades. You end up winning 9 of them and the one left wipes out the gains and also takes into a major floating loss. So you have a Win rate of 90% but you have lost your money.
2. Another system takes 10 trades. 3 of them hit target and make 200% while the 7 getting stopped lose 2% per trade for 14% loss. So you make 186% return but have a win ratio of 30%.

Win ratio is useless metric to compare. Many signal providers esp some we have ranked on our site have 90% win ratio but they make pathetic returns and also end up in major floating losses. They are afraid to take losses.
What matters is if a system is able to cut out short term losses and take a hit while preparing for long term returns. No system in the world can make money over long period of time if it has bad risk management. Jazz avg winner is $315 while avg loser is $210. Therefore risk reward is favorable. That is why it is superior in its profile. We will some day publish some articles on what is going on behind the scenes.

I will keep your signal under my radar but to be completely honest I'm glad I didn't subscribe when fee was lower (which I wanted), today my account would be almost -14% now.
Regards.

Pipvantage.............
I agree with you that win ratio is not a determining factor as it depends how much you win on wins and lose on losses, but the trades i posted above (and asked for you to confirm) suggest a very low win ratio and also bigger loss size than win size.........i understand you explain this by saying you traded your own ideas and not the system which resulted in these losses, so could you be kind enough to answer some questions for those of us wanting to know more?
1. why if you have used this system for 7 years would you decide not to use system signals and trade manually?
2. how can you confirm to us that you will not do this ever again, as its peoples real money at stake
3. Why do you not show a live account and only a demo
4. why is your account not verified?

please answer these so we can move on

@topgun dd can happen anytime. The investment thesis is max DD of 25% and return profile of 20% a month. Things as long as inside this, we are fine and I dont think you need to worry. demo or live is already answered (check the site) and verified account is already answered. There is a fxblue link to check same as myfxbook where its already verified. This thread is not to answer the same question again and again and again. It is to focus on the trades and the backtest. The backtest was set with an objective and that is well under expected lines.