E500 to 1 million trading LIVE

[I]‘what happened before’… [/I]i’m getting a bit tired of people considering the previous robots and accounts of PipShip as a disaster or something like that. Loss has never exceded the profit of the previous two months. I’m signaling for three years now, trading for almost seven. Trading always involves risk. Even if I’m blowing up the account by a loss of > -300 pips it should not be a problem. I’m telling everyone to use a stoploss of -300 pips = 6%. In two months you are able to scale up your lotsamount towards the final amount of lots (three times higher = 20% a month. By trading with a -300/300 ratio you are able to win 20% and indeed maybe a fallback of the account of 6%/20% once a couple of years.

People still angry and pointing back at a loss of two months are just greedy and made a mistake in their moneymanagement themselves. (even when I’m telling it all the time and money management rules are preventing people to do this at the website since 2012 = start company) I know a lot of people are unable to trade with a long term perspective. (Including myself sometimes) The best way is letting control the moneymanagment by a professional (firm).
Thats why I also want to manage the money management of investors using the licensed PipShip ELITE investment firm as soon as possible. By having a license, I’m able to protect people from greedyness by managing the money invested in PipShip ELITE by a protocol (-3% risk to -9% max risk? Different risk approaches can be chosen). Now people really (I mean honestly!) need to follow good money management. Then you are able to earn 20% with max risk of 6%.

I went long in EURJPY. I will hold this position for the next couple of weeks. I also tried to use some other currencies short term, but unfortunately I lost some of the profit earned by the first trade. LIVE account: ZuluTrade - Performance

I will stay long till 143.3
Then I will close the trade at E 1.500 (start E500)
(then I will be very lucky!) I think I’m not able to do this over and over again.
I will use this amount of money for the robot.
(start next week!)

The robot won’t trade as frequently as I’m trading manually at the moment in the PipShip account.
But the drawdown of the account will be far better controlled.
The profit will stay the same.
Thereby, the robot is better able to trade than myself.
That’s why I’m starting the robot right now. Another advantage of automated trading is a huge saving in time for myself (I do not have to check all currencies four times a day) Another advantage is the standardisation, thereby a better prediction for performance in the future.

The picture underneath illustrates the prospect of half a year.
In about a month checking the robot yourself at PipShip you will understand the capability of the trading system.


Three different risk approaches:

(all using a max DD of -300 pips!!! by using zuluguard capital protection)

Risk approach: Max risk:

MIN RISK --------- Max. 3% equity down
NORMAL RISK ---- Max. 6% equity down
MAX RISK --------- Max. 9% equity down

Then profit curves (and one possible blow up of the account) look like this:


using -3% max loss


using -6% max loss


using -9% max loss

When using a -6% max loss approach and start E 1500,–
How much time do I need to earn 1 million euro? (hypothetical)

(and two times blow up of pipship account)

START: E 1500,–
FIRST MONTH CRASH OF ROBOT hallelujah!!! (loss = -6%) = E 1410,–
2nd month: E 1500,-- (+6%)
3rd month: E 1680,-- (+12%)
4th month - 12th month: 1680 * 1.2^8 = E 7224,-- (8 months of +20%)

Next year: 7224 * 1.2 ^ 12 = E 64407,-- (12 months of 20% ow yeah!!!)

Third year:

OW MY GOD!! CRASH AGAIN!!! hallelujah!!! (loss = -20%) = 64407 - 0.2 * 64407 = E 51525,-- left in account after hit capital protection zuluguard. DAMN ******* PipShip robot.
Scale up again the amount of lots (to make sure max loss is only 6% because I feel unsure about the robot again)

2nd month: E 54617,-- (+6%)
3rd month: E 61171,-- (+12%)
4th month - 12th month: 61171 * 1.2^8 = E 263.025,-- (8 months of +20%)

Fourth year:

First quarter : E 454.508,–
Second quarter : E 785.390,–
Third quarter : E 1.357.154,-- (holy ****)

Remember: ****** up moneymanagement = ****** up profits (or loss!) = ****** up probability to earn 1 million out of E 500.

(see picture underneath)


You can also see it like this:


I do not see an entry signal on the daily, weekly or monthly chart? What triggered your signal?
I do see some trend up on the daily charts, but that looks more like a retracement on the weekly downtrend.
The monthly again is bullish on the long run, but looks likes it is ranging between 137 and 144.

The trade of EURJPY is a manual trade. Based on USDJPY flat (and possible growing stronger). I believe EURUSD to turn upwards after hitting 1.3485. Also main trend of EURJPY is long. (week, month) Therefore I think EURJPY is a perfect ride upwards upcoming weeks after a decline in price.

I don’t believe EURJPY to be ranging at the moment. And if so, we entering the market at the bottom of the ‘ranging channel’. Week trend is long. Both EURUSD and USDJPY are turning upwards. Maybe only one of both currencies is going up. Then the loss potential is still small.

Do not mess up both signals. I think this is a perfect entry to do a trade of multiple weeks.
The robot only makes trades of about a day. (goal 20-30 pips instead of 500 pips)
I will start the robot in about a weak when all current open trades are closed at the zulu account.

EURUSD, this week short. End of the week possible turning point when hitting 1.3485
USDJPY, long this week. End of week possible turning to flat again when EURUSD is going upwards.
GBPUSD, not much space left to proceed the upwards momentum.
Therefore possibility of EURGBP to go up.
AUDUSD and NZDUSD are both pointing down for this week. Possible going flat/back up when EURUSD is going up. (outbreak of EURNZD up?, maybe also EURAUD?)
USDCAD don’t know what the hell this currensee is doing. (also CADCHF)
AUDNZD. Going up by NZDUSD going down faster than AUDUSD.
EURJPY going up slowly, maybe outbreak above 140 after turning EURUSD upwards.
GBPJPY. Dont know.

By EURUSD going short the following days I paused the EURJPY trade.
Later on this week I think USDJPY is able to go further upwards, in the end also EURUSD after hitting 1.3485. I think in about a week, this is a good oppertunity to make a new entry into EURJPY long.

Then for now I’m making a few 1/2 day trades short in NZDUSD, EURJPY, EURUSD etc. (AUDUSD’SL was set to short of the price grrrrr)

After finishing those trades. I’m able to do a re-entry into EURJPY (longterm approach with equity own account) and start the robot of pipship account (scaling up the amount of lots)

Okei, it seems nice in writing but lets see these strategies into results :wink: keeping a close eye on you :slight_smile:

ROBOT STARTED TRADING

A new account has been made for the robot trading with max 1 trade open (-200/200):

ZuluTrade - Signal Provider Performance - PipShipRobot

First trade is test.

In the old account the same strategy will be started next week trading with max 3 trades open (-300/300):

original account : PipShip


How is the REAL LIVE account going?

At this time EURUSD, USDJPY, also NZDUSD is at it’s turning point.

Unfortunately, I’m having large DD’s (went to E 330). -20% lost because of false trades.
Everytime I’m riding another drawdown I see the robot making a successful trade.
So I think the robot is absolutely stronger than trading manually myself.

Manual trading is (previous weeks):

-too much risk (difficult to do good money management)
-too much time screen watching,
-too much stress (not because of E 500, but because everybody is following me and money of other people)
-not knowing this manual strategy will work…
-And worst of all: loss of money!

Next week: ROBOT :slight_smile:



When AUDNZD, USDJPY positions are closed, I will trade with the robot max 1 trade open.

Interesting move - so how much money did you make in case you still have the position open?

As promised, I stopped trading manually this month. USDJPY went up and hitted the target (high of 102.28), NZDUSD positions would still be open. I see the robot is doing a better job. Therefore I desided to close all trades. Unfortunately four postions of AUDNZD caused a loss of -400 so I wasn’t able to stop the manual trading at a new high.

A new account has been made (homepage pipship) Also the old account is now traded by the same robot, but the old zulutrade account now has trading parameters for trading with max 10 trades open instead of only 1 trade open.
Therefore I also started a new account 100% traded by the new robot, so we are able to compare the manual and robot trading.

Instead of the link in the previous message, the link of the new account is PipShip
After trading for two months we are able to see an early performance figure I think.

Original account: ZuluTrade - Signal Provider Performance - PipShip4X

New account: ZuluTrade - Signal Provider Performance - PipShipFX

BTW, I lost half of the money trading manually (still E 250 left). Trading automated I think we have a far better probability to win 1 million euro in about 4-5 years.

Hey there, so which of the two accounts shall we start following?
I hope you don’t loose more money, should we start following you. What about the simulation tests, don’t you perform any?

Dear traders/investors,

NEWS

This month I finished university so the previous weeks I finally was able to do some fundamental research towards the strategy’s I made. About 7 EA’s have been developed now trading live in just one account. (I’m only trading in one account)
Each EA + currency has it’s own backtest. So 16 2 year backtests have been made!
This time I’m taking it serieusly because I want to have the business licensed in one year.

How to trade 5 years with the account made:

[I][ul]
[li]-First, the 16 EA’s will be trading the following year.
[/li][/ul]

[ul]
[li]-Then, to exceed the time I’m able to use the EA’s, I will do backtests again for the following year (after trading one year) comparing the performance of each EA. Then EA’s with low performance will be kicked out.
[/li][/ul]

[ul]
[li]… next, we are able to trade the second year… etc for the third, fourth, fifth year.
[/li][/ul]

Now we are able to earn money for five years only using one strategy (backtested for 2 years)
without any manual interventions of our team or changing anything in the codes of the strategy. [/I]

Why investors normally do not succeed at zulutrade…

Many traders, also the number one of zulu at the moment, but also the previous number one for half a year starts trading very good (but risky) the first months. Trading MANUALLY. Then when he has capital of a few million dollars, he starts to play safe. (no wins anymore, just a few pips extra each month) But still 6 million dollars following earning about S15.000 each month! (I know because I managed about 2 million earning S5000 a month)
So investors are not able to earn anything. Because the best traders (most capital) play safe, then they all crash in a few month because trading manually is not possible at timeframe’s of 1 or 5 minutes I think. To earn enough commissions, all strategies are trading at small (too small) timeframes manually.

Now I developed this robot…

This account (EAs) will work at a continuous performance. Performance of first three months for example will be indicative for the following months AND we are able to trade on small timeframes because we use robot entries/exits.

I posted the 16 2 year backtests of each EA + currency trading LIVE below.
Live account is performing equally right now, but It’s too soon to say something about the account of just 2 weeks now.

… ow sorry, Im only able to post 5 attachements. You need to visit the link Newz & Backtests | PipShip

The previous account I started two months ago still had some mistakes in the codes. I first had to graduate from university, so thats why I wasn’t able to correct it in time. I had to wait till this moment before trading seriously again. (to fully test all the EA’s in about one month) This time no ****ty performance. I know what I’m capable of.


Nice performance man! not bad at all. I always liked you analytics - you have a nice line of thought!
Welcome back and happy pipping!

Nice. But want about your stats for the whole month of August? I’d like to see it if possible.

The account has been started the 12th of august. (no matter what, I will trade this account for five years. I know I restarted the account a couple of times because I was unhappy with the codes. This time I’m totally satisfied with the backtest results) We have to wait a couple of months to see confirmation of the performance of backtests.

Trading the previous account. (-300/300) About half a year ago, 2.000.000.00 dollars following, I know also this time performance will equal the backtests posted.

For your own scepticism :wink: and ‘safety of scam…’ please wait a couple of months. (or start trading real safe!) Another possibility. Start following with a demo account first months to see how investing works. The protocol has been designed to start with risk of max -6%, earning 20% after trading the first two months scaling up the amount of lots.

When we are trading top100, (# 800 of 29.000 strategies after two weeks of trading at the moment) the account size will increase significantly. You will see…

Visit the webpage for more details and statistics. :wink:

(one last thing to mention: performance of august was made with half of the EA’s trading, I still had to test the other 50% of Ea’s. Next month we will trade full throttle ahead…)

Thank you eddy :wink:

Sure, kindly keep us posted with your progress :wink:

START : 500,–
Lost (by trading manually / by hand) : -300,–

Left: E 200,–

This month trading automated (+20%) = 40 euro.

EQUITY (current) +/- 240 euro.

500 towards MILLION EURO see middle of page Risk vs Return | PipShip still 5 years to go till 1 MILLION EURO


Trading Target first month accomplished. (206/-80)
We still do have one week left.

First +200 pips (20%)

Read more: http://forums.babypips.com/free-forex-trading-systems/55673-2-year-backtest-eurusd-300-pips-month-37.html#ixzz3CRSsDJTT


Oh pipship, long time you have not written anything? How are your traders going on?