yes you are right…
And i am a FX men honorary member who is able to write, not to read, and can not trade…
Shall we evaluate in a couple of months?.. MR FX men honorary member?
this is how it works:
Result today (trade most to the right)
BUY EUR/JPY 0.1 2014-03-21 07:42:58 2014-03-21 10:10:48 140.789
141.089 30 -36 0 30 pips
$29.34 720 pips
$801.20
Questions?
No problem…
how it works in practise…
We are now holding 4 buy positions GBPUSD in the market.
One of our high probability trading setups we spotted as a team.
The robot works in a similair way.
Looks like the trades worked out! good for you! your starts are pretty good!
Correct Eddy :P, all setups worked perfect.
1200 pips. (1000 E up myself)
Next set up:
USDCAD LONG
nice move Pipship! Have you thought btw, increasing the lots? seems like now you have managed the risk, so you can actually trade on little bit higher risk
Hi Pipshippers,
are you still on zulu? I cant find you as a pipship there
Yes I’m also trading by myself.
Start 1000 E.
Now E 2500 euro in just two weeks
See https://www.zulutrade.com/follower/1106652?pid=213827
number 3 trader zulu after 2 weeks…
Yes, I have posted a message today how much risk is acceptable.
I’m now trading with 2400 pips /month only 300 pips down.
I don’t think I’m always able to go this fast.
So I’m holding a maxdd = -600 / 1200 pips month ratio.
Then…
Of course this account is fresh. The robot and trading manual like this, it took 7 years, so I’m not trading first time.
But therefore I doubled the maxDD to -600 and lowered the win ratio to 2400 -> 1200.
–
Responsible money management is:
-12% max risk ever, 40% month by 2nd month.
Start: 0.2 minilots / $1000 available for pipship strategy.
3rd week and +600 pips -> 0.4.
5th week and +1200 pips -> 0.6.
Do not increase further! Max risk is -12%, +40% month.
–
[B]High risk: [/B] -24% risk, [B]80% each month.[/B]
$2000 -> $ 1.700.000 one year trading. *
Use 0.4/0.8/1.2
[B]Normal risk:[/B] -12% risk, [B]40% each month.[/B]
$2000 -> $ 90.000 one year trading / $ 5.100.000 two years trading. *
Use 0.2/0.4/0.6
[B]Low risk: [/B]-6% risk, [B]20% each month.[/B]
$2000 -> $ 16.000 one year trading / $ 140.000 two years trading / $ 1.300.000 three years trading *
Use 0.1/0.2/0.3
- when hit -600 pips range down -> half monthly return is lost. Then you need to start over scaling up the amount of lots.
This has not been included. Of course there is a certain probability you will not succeed trading the pipship strategy. More details see website. (risk and return -> probability of not winning trading with pipship strategy)
I’m using a high risk approach.
But this is a bit lunatic. Please use max normal risk approach.
please go to : https://www.zulutrade.com/trader/213827
First $ 50.000,-- following. Up to $ 2.000.000,-- again…
Thank you for sharing. $45,281 following amount! Not bad performance. I would prefer more $$$ though.
Then please wait for couple of weeks. Try to understand the risk you are facing when following pipship.
Always focus on risk first, instead of seeing dollar signs in your eyes.
Anyway. My own account is 350% up.
Start 1000 euro.
At the moment: 3500 euro.
It’s oke to wait for more conformation.
We are working with a trading protocol and robot to earn money at a continuous or solid way.
You can use this extra time to set up a demo account to learn how everything works.
Next year I will expand my business with a licence to manage portfolios and capital. It wil be more easy to participate.
All difficult things will be done by our team. Then the autority of financial markets of the Netherlands will have a close eye on the business following our way of investing.
(AFM is judging and examining our business at the moment)
2015:
We will start [B]PipShip ELITE[/B] trading for clients > $ 10.000. Now the service is still more experimental. (> $1000)
Now the service is almost free. We are making trades of 30 pips. commissions -> 0.5 pips. We earn 1/60 of profit.
About 2% performance fee. Normal fee is 20-30%. (this is 1/30 of income professional trading companies, and they are trading with hundred of millions, we are only trading 2 millions)
So this year the service is almost free. Next year we do have a licence and we are hopefully able to earn back our investments. (I have a loss of $25.000 dollars at the moment, I spended all my savings into the project) Then new investments can be made to trade even better, set up one of the best services for traders.
Then we will manage the portfolio and risk protection of accounts.
(a certain riskpercent prefered by the client : -3% / -12% = +10% / +40%)
Of course we will work with performance, management fee, deposit fee. (expected 20% profit, 2% capital, 1% capital)
Also read Newz & Backtests | PipShip
Start 1000 euro.
At the moment: 3500 euro.
Nice. By the way, what precautions do you make if I may ask to minimize the chances of having a bad trading?
The answer to this question be found at How to prevent yourself from losing | PipShip
Small investments of not experienced traders maybe are a good way to learn how to trade with a SP. (still try a demo account) You need to be sure you are experienced enough to do larger investements. Then please also try to consult an investment professional.
Please keep in mind: Disclaimer | PipShip
When trading with PipShip ELITE (2015) the following risks will be prevented:
- the investor becoming too greedy (overtrading),
- interfering in the trading activities (a lot of traders think they are experts too)
- using bad money management (no experience, mistakes made because trading first time)
- facing the risk of choosing other attractive, but very risky signal providers at zulutrade. (investors not able to detect a risky strategy, non-professional trading, over-confidence trader)
- damage to the account because the investor is unable to check his account every day. (now max perc risk has been set, hit absolute stop level? -> positions are being cancelled by broker)
FXCM1005650F:
[B]Much better performance recently with this new account. Confidence was battered and had a bumpy ride with the last 2 pipships. Please please continue as you are and don’t experiment, or change strategy, keep going! [/B]
Hi
Unfortunately, I found later this fantastic topic.
what do you recommend
I have a 1000$
how make it a 10.000$ whit pipshipp
from 2015
(sorry my English )
Thank You
It depends on the risk you want to take.
Is -12% oke with you or are you more comfortable with -6%?
When using a normal risk approach: (-12%)
-
Start trading 0.2 minilots / $1000
Use zuluguard to set the max risk level at -600 pips. -
Then after about two weeks, when the account is up 600 pips,
increase the lotssize to 0.4 / $1000
Now the lotssize has been changed. So the max risk level also has been changed.
Please correct it. Max risk level at -600 pips. (instead of -300 he is pointing)
-Then after another two weeks, when the account is up again by 600 pips,
increase the lotssize to 0.6 / $1000
Again correct the absolute stop zuluguard.
-Now just wait.
Please correct the stop about every two weeks.
More info (still have to update the info to the new strategy) can be found at :
Risk vs Return | PipShip
Trading Manual | PipShip
When trading the income (hypothetical) is:
Start $1000,–
First two weeks trading (0.2) $1050,–
two weeks trading (0.4) $1155,–
Trading 8 months left till 2015 (0.6) $17.045,–
- Hitting the -600 once, maybe twice has not been included.
Then half the income of the previous month is lost.
Start scaling up the lotsamount again. (risk max -12%)
Hopefully we stay in the range of -600 pips down.
$ 100.000,-- following pipship strategy…