FX Majors: No trolling.

Quote from achilles28:

Whats ur average draw-down on profitable trades?

@ 1.62% up 500+ pips, I'd reckon ur a wee-bit conservative with position sizing.
Hello Achilles, thanks for the informative question.
Average drawdown is about -0.5% (all trades together) average loss -0.75% with stoploss taking out positions when it drops to -3.0% (0.5% each pair). The position is the USD diversified across the majors.
Yes, the positoning is extremely conservative, but it is producing +30% annualized, which I think is enough of a return. If I increased risk size, it could put me above -3% on losses, which I don't want to accept.
:)
 
Quote from euclid:


Paul's past performance (http://www.trade2win.com/boards/forex-news-analysis/21295-classic-forex.html) is relevant since he is here to promote his business.

I agree, past performance is relevant as this thread (like promotional threads of his on other forums under the name 'DepthTrade') seems to be an attempt at self-promotion for his venture into the world of fund management.

There are some more results here from someone who monitored his live trading activity over a 6-month period.
http://www.moneytec.com/forums/f59/...-signal-provider-21385/page54.html#post239151

Obviously anyone considering investing money should do their own careful due diligence about the trading performance of the manager, and their integrity. There are a few unbiased tracking websites which track a trader's live trading performance in real time and publish accurate results together with relevant statistics.
 
Quote from paulchaney:

08-02-09 01:33 PM

Have entered the following positions.


Aud/usd: long 0.8363 5

Eur/usd: long 1.4262 1

Gbp/usd: long 1.6718 7

Usd/cad: short 1.0771

Usd/chf: short 1.0678 9

Usd/jpy: short 94.63 4



Classic FX
start date 02/08/09
+0 pips
+0.0%



http://www.elitetrader.com/vb/showthread.php?s=&threadid=171946
Still holding open positions.

Aud/usd: +60 pips
Eur/usd: +184
Gbp/usd: +314
Usd/cad: +78
Usd/chf: +92
Usd/jpy: -22

+2.14%



Classic FX
start date 02/08/09
Closed positions.
+0 pips
+0.0%
:)
 
Quote from paulchaney:

Still holding open positions.

Aud/usd: +60 pips
Eur/usd: +184
Gbp/usd: +314
Usd/cad: +78
Usd/chf: +92
Usd/jpy: -22

+2.14%



Classic FX
start date 02/08/09
Closed positions.
+0 pips
+0.0%
:)

Waiting for the latest update ...
 
Quote from paulchaney:

08-02-09 01:33 PM

Have entered the following positions.


Aud/usd: long 0.8363 5

Eur/usd: long 1.4262 1

Gbp/usd: long 1.6718 7

Usd/cad: short 1.0771

Usd/chf: short 1.0678 9

Usd/jpy: short 94.63 4



Classic FX
start date 02/08/09
+0 pips
+0.0%



http://www.elitetrader.com/vb/showthread.php?s=&threadid=171946
Have exited all positions at the following prices.


Aud/usd: out at 0.8367 4

Eur/usd: out at 1.4178 8

Gbp/usd: out at 1.6679 6

Usd/cad: out at 1.0818 3

Usd/chf: out at 1.0816

Usd/jpy: out at 95.904



Classic FX
start date 02/08/09
Closed trades,
-429.9 pips
-1.39%
:)
 
Have entered the following positions.


Gbp/usd: long 1.6689 6

Usd/cad: short 1.0808 3

Usd/chf: short 1.0806

Usd/jpy: short 97.51 5



Classic FX
start date 02/08/09
Closed trades,
-429.9 pips
-1.39%
:)
 
Quote from cabletrader:

I agree, past performance is relevant as this thread (like promotional threads of his on other forums under the name 'DepthTrade') seems to be an attempt at self-promotion for his venture into the world of fund management.

There are some more results here from someone who monitored his live trading activity over a 6-month period.
http://www.moneytec.com/forums/f59/...-signal-provider-21385/page54.html#post239151

Obviously anyone considering investing money should do their own careful due diligence about the trading performance of the manager, and their integrity. There are a few unbiased tracking websites which track a trader's live trading performance in real time and publish accurate results together with relevant statistics.


What is the link between Paul from ET and that thread at T2W ?

Tracking websites such as ?
 
Quote from puretruth:

What is the link between Paul from ET and that thread at T2W ?

Tracking websites such as ?

paulchaney and DepthTrade are the same person.

Tracking websites such as Collective2, and there are others out there like MT4Stats for MT4 users.
 
Back
Top