I Can't Trade - bills closed

In the third article in the series I Can't Trade Project (Social Investing), I present a list of accounts that are no longer working, along with a brief description of the strategy and the reason why I no longer use them.

Secure Trend Ride

At the time I launched it (January 2017), the system was in the Top 10 of MQL signals. The history from March 2016 and the great results so far gave hope that the system is really good. The first two months were great and this signal was the most profitable of all. Pretty soon I realized that "Secure" in its name has little to do with reality, its game is to buy positions if the course was not going towards him. However, I decided that if the author has been playing like this for over a year, achieving a fantastic rate of return (4177% for 2016), it means that he knows what he is doing. It was my greatest hope for successful social investing.

March was a difficult month for many account managers, long traffic on EURUSD without any withdrawal gave the statistics of many systems burns. In the case of Secure Trend Ride, drawdawn came to around 30%. That's when I saw that 12 positions appeared on the account more than usual. Previously, the items copied to my account were 0.02-0.03 lot size, new 0.25 lot. At this point, I decided that the manager had no idea what to do with this situation and played all in. My assumptions were confirmed after it came out, that the contact with the author stopped. Finally, I turned off the subscriptions, I manually closed the items on the correction.

I closed the account with a profit 733.40$what gives 20.77%.

After closing the signal for a few days, I followed his story, EURUSD went up, the manager had to pay extra, but luckily the course turned back. People who did not pay, unfortunately ended with Stop Outem. I consider the decision to terminate the signal right.

Small to big

Initially, the system was played on a USD account. As the end of the signal subscription fell on the weekend, there were no open positions and the USDPLN rate was above 4.15, I decided to transfer my PLN account in Tickmill. Then I triggered the Small to big 2 PLN signal.

links:

• MQL Signals,

Small to big-1

Small to big - 2

A similar situation as in the case of Secure Trend Ride - the top ten signals from MQL, the game without SL, adding position, on the same movement caught drawnawn 50%. Unlike the previous manager, here the contact with the author was excellent. I was ready to keep this bill, if not for the fact that other systems also played S on EURUSD and also had a large slip. I decided that I had too much exposure on one pair and closed the loss.

Overall result: + 504.11 $ (2133 PLN according to the exchange rate) and -2066,34.

By adding the cost of signals I went to 0.

I consider the decision to close as average hit but necessary in a given situation.

EA 1 

This account was managed by EA, to which I got access from a third party. I saw the statistics of this system from the real account from the 2012 year - they made a great impression. The system was used by SL, hence periodically there was a drop in capital and I happened to hit such a moment.

Unfortunately, I was not allowed to enjoy this machine too long because it turned out that the person who made it available to me should not do it. After less than a month, I lost access to it.

I closed the account with the result -3.82%, amount -764.03 PLN.

I keep tracking the statistics of this system, the loss has long since been recovered and new profits appeared.

gold star

My first MAM account, also with a long history. The strategy was based on averaging + simultaneous two-way game. Immediately after the start of the investment, the system caught about 20% of capital loss and this condition lasted for several weeks. Then the course turned back, the positions were closed on plus. A few days later, I received a message that this account will not be continued and that I can make a profit without a commission for the manager.

Profit - 325.49 $, 12.43%

5. Tripple 4x 2

Encouraged by the good results of the first system, in early March I decided to run its twin brother - Tripple 4x 2. The Tripple 4x and Tripple 4x 2 systems had significantly different stats, so I figured it would be a similar concept with different parameters. Unfortunately, it turned out that the systems worked practically the same in the tested period. In addition, immediately after launching, the system caught, like other strategies, the so-called March slippage, and capital fell by almost 20%. The rate corrected just when my subscription was over, and at a convenient moment I closed a small loss.

After a month, the signal was turned off with a profit 835 PLN, 10.76%.

Profit long term 2

A system that worked for me in short, just a few days. I was looking for an aggressive strategy, on a high risk basis, a big profit, but here the risk was too high. Within a few days drawdawn reached 50% twice. I had the impression that the positions of opening and adding are random, on the principle of "let us turn back". Perhaps I just had a small account for this system (500 $), but the signal closed after the price turned back after the next achievement -50% in open positions.

Profit 55.40$, the cost of the 50% signal, i.e. I am on 0.

Social Investing - Summary # 1

During the weekend I will present the current statistics of the systems that are on the market with me. Such statistics, if possible, will be published weekly after the weekend. I also plan an article about how to start an adventure with social trading (social investing), about selecting signals, etc. Have a nice weekend!