The vast majority of signals here have poor risk management, and this one is no exception. I'm glad I had my own stop loss set at 25%, which is still no joke. I'm out of MQL5 copytrading. I've tried several signals, and my conclusion is that this is, with a few exceptions, gambling.
The signal is operating out of descriptions, open a lot of operations to try recovery. she need come back to basic operations. Now is very dangerous with many positions.
This ''trader'' operates against strong trends, and certainly does not close positions for fear of tarnishing the high win rate, like other comments below, it also goes against the description of the signal itself, bad risk-reward. I do not recommend.
Of course, when all is going well, there are no complaints. I do join the message of Andrew. Good trading is not only about a high win rate. It is about reward to risk. Taking 5 pips on a risk of a drawdown of tens if not hundred pips is something real traders will never allow. Yes, I have been following the signal due to its popularity, but have not actively been copying for a while now because of the above reasons. Chances are still there to get out, but it is the management of the trades and risks that is totally absent. Emotional behavior is not professional, that’s why you will not find me on the Telegram group anymore either. Developed my own system in the mean time and running with my own strict rules – and successful. All the best.
We terminated the signal for 3 reasons; first trader indicates his objectives is to be right (i.e. high win rate), not wrong in trading. Trading is about risk and reward, not right and wrong, though it figures in, second, trader violated his own rules by taking on 9 positions, 2 more than his stated maximum (see Description tab), and lastly trader gets angry at customers. Emotion and trading don't mix well. Having said all that trader has a truly remarkable record at picking winners, not losers. So congrats for this. We invest for risk vs. reward. All the best! :)
im a subscriber for several month and was really happy how he managed. With the long time buy order open the mess started. So why yesterday instead of closing the 1 sell instead of moving the TP 250 points away. Tomorrow is GDP and indication right now is buy. So i not get this and i hope you are aware of it even your DD is gaining. Please get back to your original behavior and Money Management
Can be short about it, started 11 June to try , only lose. , ofcourse i know that can happen, but the positions/direction which are held are too risky and i my opinion not very active to make profit. For more then a week only holding short positions on a simple TA graph..with overbought , avoiding that the trend is up for now. It would be better to hedge while this trend stays on to make any profit while holding shorts. Sorry till now not satisfied and lost money
the signal's author started to focus on newer and newer signals, instead of taking one or two and focusing her attention on them. The account has been on large DD for several weeks. AFTER the UK elections it's a total disaster. the decline in the value of the account is as large as the income from the previous 3 months.
The best signal on MQL5 at the moment. The trader is professional and explains everything very well. It is outrageous that some losers keep posting negative reviews here as soon as there is a minimal drawdown. It would be best if these people put their money in a savings account, because Forex is not suitable for such people. All the crybabies should be thrown out, because no signal on MQL5 would be suitable for such people. I hope Elvira doesn't get annoyed by such small children and continues to work as professionally as before. She is the best trader I have ever experienced!
The vast majority of signals here have poor risk management, and this one is no exception. I'm glad I had my own stop loss set at 25%, which is still no joke. I'm out of MQL5 copytrading. I've tried several signals, and my conclusion is that this is, with a few exceptions, gambling.
The signal is operating out of descriptions, open a lot of operations to try recovery. she need come back to basic operations. Now is very dangerous with many positions.
This ''trader'' operates against strong trends, and certainly does not close positions for fear of tarnishing the high win rate, like other comments below, it also goes against the description of the signal itself, bad risk-reward. I do not recommend.
smalls wins, massive drawdowns
Of course, when all is going well, there are no complaints. I do join the message of Andrew. Good trading is not only about a high win rate. It is about reward to risk. Taking 5 pips on a risk of a drawdown of tens if not hundred pips is something real traders will never allow. Yes, I have been following the signal due to its popularity, but have not actively been copying for a while now because of the above reasons. Chances are still there to get out, but it is the management of the trades and risks that is totally absent. Emotional behavior is not professional, that’s why you will not find me on the Telegram group anymore either. Developed my own system in the mean time and running with my own strict rules – and successful. All the best.
We terminated the signal for 3 reasons; first trader indicates his objectives is to be right (i.e. high win rate), not wrong in trading. Trading is about risk and reward, not right and wrong, though it figures in, second, trader violated his own rules by taking on 9 positions, 2 more than his stated maximum (see Description tab), and lastly trader gets angry at customers. Emotion and trading don't mix well. Having said all that trader has a truly remarkable record at picking winners, not losers. So congrats for this. We invest for risk vs. reward. All the best! :)
im a subscriber for several month and was really happy how he managed. With the long time buy order open the mess started. So why yesterday instead of closing the 1 sell instead of moving the TP 250 points away. Tomorrow is GDP and indication right now is buy. So i not get this and i hope you are aware of it even your DD is gaining. Please get back to your original behavior and Money Management
Can be short about it, started 11 June to try , only lose. , ofcourse i know that can happen, but the positions/direction which are held are too risky and i my opinion not very active to make profit. For more then a week only holding short positions on a simple TA graph..with overbought , avoiding that the trend is up for now. It would be better to hedge while this trend stays on to make any profit while holding shorts. Sorry till now not satisfied and lost money
the signal's author started to focus on newer and newer signals, instead of taking one or two and focusing her attention on them. The account has been on large DD for several weeks. AFTER the UK elections it's a total disaster. the decline in the value of the account is as large as the income from the previous 3 months.
The best signal on MQL5 at the moment. The trader is professional and explains everything very well. It is outrageous that some losers keep posting negative reviews here as soon as there is a minimal drawdown. It would be best if these people put their money in a savings account, because Forex is not suitable for such people. All the crybabies should be thrown out, because no signal on MQL5 would be suitable for such people. I hope Elvira doesn't get annoyed by such small children and continues to work as professionally as before. She is the best trader I have ever experienced!