Donna Forex Forum

Systems (EA's and manual), and Managed Accounts => Managed Accounts & Signal Services => Topic started by: donnaforex on July 12, 2014, 08:37:19 PM

Title: SavantFX
Post by: donnaforex on July 12, 2014, 08:37:19 PM
The owner of SavantFX is available on the forum to answer questions and comments. If you have traded with Savant, please share your experiences!

http://savantfx.com/ (http://savantfx.com/)
Title: Re: SavantFX
Post by: savantfx on July 13, 2014, 12:01:17 AM
Thanks Ms. Donna. Hi al! Nice to meet ya..whoever you are  :)  The signal service is only for 40 traders and you can try for free for 5 days. Worst case scenario is 20% as that will be set up on the receiver EA on your end. Regards.

Title: Re: SavantFX
Post by: chris0212 on July 15, 2014, 02:13:37 AM
Dear the owner of savantfx,


        I find your result is good. but could you please do not open pamm service instead of signal service? I do not find and after 10 year of fx trading, no and never no pamm is successful. I least I do not find this ten year.

Chris
Title: Re: SavantFX
Post by: nc! on July 15, 2014, 08:49:32 AM
Same with me do not like MAM or PAMM, just signals please. Seems vendors like to put us in non signal solutions. nc!
Title: Re: SavantFX
Post by: chris0212 on July 15, 2014, 08:54:42 AM
Could you also tell us what is the expected monthly return? Max DD in your trading history and most important how many years which you can obtain consistent profitable as your website do not have any trading history.
Title: Re: SavantFX
Post by: Steve Cole on July 15, 2014, 09:19:41 AM
Thanks Ms. Donna. Hi al! Nice to meet ya..whoever you are  :)  The signal service is only for 40 traders and you can try for free for 5 days. Worst case scenario is 20% as that will be set up on the receiver EA on your end. Regards.



You must be joking me a DEMO ACCOUNT? You come with a demo, what do you have at risk? Nothing but paper money, if your signals are so good come back with a decent real money account and with a longer track record then just 1 month otherwise , I will be the first to tell you no one other then newbies are going to join you and not many at that.

How many time have we seen this before vendors with demo, or did some hear forget all the failed provider in the past on this forum who came here with demos only to margin call users account? Get real.

http://www.myfxbook.com/members/savantfx/savantfx/969274 (http://www.myfxbook.com/members/savantfx/savantfx/969274)


5 days for free, you dont even have 60 days of trading history, what in the hell is 5 days going to show? Enough said.
Title: Re: SavantFX
Post by: macbook on July 15, 2014, 10:09:29 AM
I start to analyse with my checklist and stopped after 3 check because already ( 3 x No )

Demo account ( => Exit )
Short history ( => Exit ) at least 6 month better to have 12 month
High risk trades ( => Exit )  Sorry but 40K USD and 24 Lot is high risk.

I will follow you but your trading is very risky ...
Title: Re: SavantFX
Post by: savantfx on July 15, 2014, 12:29:09 PM
Chris0212 - Thank you for the kind words chris. The signal service is actually a precursor to the PAMM which will one day turn to a brokerage then a hedge fund. I am not sure if i would be still trading for people after that because liquidity simply 'won't' let me.

I have a big ambition to make the world a better place and have worked very hard to achieve some degree of proficiency in trading. Expected monthly return could be from 50% to 200% or more. It depends on the market condition. If it is trending than it would be great, recently it has been consolidating almost all of the time, so returns are less.


I have traded this here and there. This year, 2013, 2012, 2011 and no losing months. It is very time consuming to backtest each and everyday but i believe i have backtested enough months. No this is not a simple system. Too many things to consider of.

I have traded indices, flipping coin charts using microsoft excel algorithm and true random charts generated using the atmospheric noise data taken from random.org. To my surprise I was most profitable when i trade the true random data.


nc! - Signals will be stopped after a few months or less. I am a struggling young trader with no money but a monstrous passion for trading. The signal is a way for me to have some money to start a PAMM.

Steve Cole - I agree with everything that you have said. I came here as a good trader with a demo account. You may check my trading history and may analyse it yourself. I have done my work and everyone should do theirs. As for a demo account, yes i don't have money to even open a real account as i have lost so much in the beginning. I am quite young but i do have experiences of trading a real account and for me psychologically it is the same because what i will do will be the same according to the trading plan. No praying and hoping no SL or imagining i should have entered here and there stuff. "Every battle is won before it's ever fought" - Sun Tzu.

"How many time have we seen this before vendors with demo, or did some hear forget all the failed provider in the past on this forum who came here with demos only to margin call users account? Get real."

They cannot lose more than 20% because they will set this on the receiver EA on their mt4. I actually stated this on my website.

I traded about 90 times in a few days, some people trade for about 90 times in 1 year. If someone can show me a history of consistent trading(not arbitrage) with 1000 trades in a week, i will have no problem investing with the person because i know that his model is already verified. My advise is look at the trading history and do your own due diligence. Two trader to be assessed. One trade tickcharts, one daily chart. The tickchart trader trade for about 1000 trades per day and has 2 months track record. The daiy chart trader trades for about 50 times in one year and has a 2 years track record. I would choose the tickchart trader.

One must understand that the markets changes its range but not so much of how it moves.


macbook -
"Demo account ( => Exit )
Short history ( => Exit ) at least 6 month better to have 12 month
High risk trades ( => Exit )  Sorry but 40K USD and 24 Lot is high risk.

I will follow you but your trading is very risky ... "

I agree with the first two point but the third is simply not true. I trade using a specified risk based on equity, which is about 1% per trade or per SL. Look at my trading history.

Also i will be opening a real account next week after i received my first subscriber's fee. I got a few subscribers now. Join me and you actually lose nothing because of the free trial. Just remember to unsubscribe before the trial ends.







 








Title: Re: SavantFX
Post by: chillerfx on July 16, 2014, 04:52:33 PM
Expected monthly return could be from 50% to 200% or more

who are u kidding here?

mybe one or 2 month, but if u wanna play that risk on pamm, ...just god bless u  youngster

This is lions country....dont forget that,...but anyway good luck with ure promo deal
Title: Re: SavantFX
Post by: savantfx on July 16, 2014, 05:03:04 PM
Expected monthly return could be from 50% to 200% or more

who are u kidding here?

mybe one or 2 month, but if u wanna play that risk on pamm, ...just god bless u  youngster

This is lions country....dont forget that,...but anyway good luck with ure promo deal

People are afraid of things they don''t understand. Why is it so hard to see i am trading using SL everytime with about 1% risk per SL. Do you know that my SL on average is 2-9pips? This is not high risk stuff. I am probably a good trader, so what if i can make more than some average trader per month? 50% is just an estimation but my focus is my risk, as i cannot go above 20%.

To make 50% per month you just need a consistent 2.5% compounded per trading day. I have tested my system thoroughly and i know that it is possible most of the time. In fact the true numbers are actually much more than that.

I am not a newbie. I have been passionately learning and trading for the past 4 years.
Title: Re: SavantFX
Post by: Bigsteve on July 16, 2014, 05:06:56 PM
I'm not trying to be a fly in the ointment of hope, but how does anybody here know who you really are?

" I agree with everything that you have said. I came here as a good trader with a demo account. You may check my trading history and may analyse it yourself. I have done my work and everyone should do theirs. As for a demo account, yes i don't have money to even open a real account as i have lost so much in the beginning. I am quite young but i do have experiences of trading a real account and for me psychologically it is the same because what i will do will be the same according to the trading plan. No praying and hoping no SL or imagining i should have entered here and there stuff."

WTF?
 
Title: Re: SavantFX
Post by: savantfx on July 16, 2014, 05:14:31 PM
I'm not trying to be a fly in the ointment of hope, but how does anybody here know who you really are?

" I agree with everything that you have said. I came here as a good trader with a demo account. You may check my trading history and may analyse it yourself. I have done my work and everyone should do theirs. As for a demo account, yes i don't have money to even open a real account as i have lost so much in the beginning. I am quite young but i do have experiences of trading a real account and for me psychologically it is the same because what i will do will be the same according to the trading plan. No praying and hoping no SL or imagining i should have entered here and there stuff."

WTF?

Here is screenshot of some positions on myfxbook. http://gyazo.com/2c9863294abc4051fb5fc3916dc92549 (http://gyazo.com/2c9863294abc4051fb5fc3916dc92549)
Title: Re: SavantFX
Post by: chris0212 on July 16, 2014, 05:15:12 PM
30% monthly seem unrealistic. Do you know is someone has USD1,000 and can at least make 30% monthly, one year later, the ans is USD23,000. If average 50% per month, one year would be USD129,746. So if you really can do that you just need USD100 to start, 2 year later you will be millionaire. Why need sell PAMM. Logic?
Title: Re: SavantFX
Post by: savantfx on July 16, 2014, 05:20:45 PM
30% monthly seem unrealistic. Do you know is someone has USD1,000 and can at least make 30% monthly, one year later, the ans is USD23,000. If average 50% per month, one year would be USD129,746. So if you really can do that you just need USD100 to start, 2 year later you will be millionaire. Why need sell PAMM. Logic?

It is not unrealistic if you are a good trader. It is possible. Well maybe not for many but for a minority. This is not high risk stuff. Drawdown will be about 20% maximum. Why need to wait for two years when you can do it within a few months. Also you must know that my style of trading is not easy. You kinda have to be in front of the computer all the time.
Title: Re: SavantFX
Post by: Bigsteve on July 16, 2014, 05:31:18 PM
10% per month would = the gift horse of forex.
He said he has no real money to trade with but has the money for a marketing web site, so he can't properly know how to scratch his own crotch.
Title: Re: SavantFX
Post by: AttilaG on July 16, 2014, 05:33:28 PM
   Is this a joke ?  :) :) :)
Title: Re: SavantFX
Post by: krisz on July 16, 2014, 05:35:55 PM
Time will tell everything... I think we have to wait only one month and we will have many answers.
Title: Re: SavantFX
Post by: savantfx on July 16, 2014, 10:52:42 PM
Krisz- Yes, i guess that is the best way to prove something.

Title: Re: SavantFX
Post by: savantfx on July 17, 2014, 06:03:11 AM
10% per month would = the gift horse of forex.
He said he has no real money to trade with but has the money for a marketing web site, so he can't properly know how to scratch his own crotch.

Just because most cannot do it, doesn't mean that it is impossible. If you do not change your mindset, you will never do great things because if you truly believe you can't, thus you will not .

I learn from everyone but i follow no one and with the knowledge that i get from many sources i form my own opinion but again i am always open to possibilities.

AttilaG - I studied the market for about 16 hours per day for the last four years for a joke.
Title: Re: SavantFX
Post by: savantfx on July 18, 2014, 02:39:43 PM
On july 16 and 17 i made some mistakes which has been corrected.

On july 16 it was mistakes which should never had been committed. I learnt.

On july 17 0.1 pips order placing buffer actually would have made the difference between big losses and profitable trading day. This has been corrected.

On july 16 and 17, both should have been a profitable trading day.

.
Title: Re: SavantFX
Post by: expertrader on July 18, 2014, 03:34:50 PM
It's not impossible to earn that, but keep in mind that if what you are saying is true you could prove it showing verified MyFXBook statements. Not only you aren't proving your statements, you are also using a demo account, and your current profit is 30% with a drawdown of 17%. Also having a look at your trades it looks like you aren't doing a coherent money management as you are using very different lot sizes for trades with the same pips of stop loss.

Of course time will tell, and if you're right you'll have a lot of customers in some months while you are gaining reputation, but if you could prove some of your statements this would speed up things a lot, I mean, it's good for you, so, why don't you do it? Either you are lying and trying to scam some people or, I don't know why, all your accounts where you have been testing your strategy have been completely deleted and you aren't keeping any statement... Usually the simplest answer is the correct one.
Title: Re: SavantFX
Post by: krisz on July 18, 2014, 03:45:43 PM
Savantfx,
You HAVE TO create a real money account at least with 500 USD.
Your avarage win trades are 5.5 pips and loss are 2.6. With such small pips a real account will behave totally different than a demo account.
If you would like to prove your strategy, you have to trade in real, not in theory (demo).
BTW good luck for it!
Title: Re: SavantFX
Post by: savantfx on July 18, 2014, 05:34:01 PM
experttrader - I use an equity based mm. I will be opening a real account next week.

krisz -
Thanks for the suggestion. .
Yes, i will be opening a real account next week.

Title: Re: SavantFX
Post by: signal prime on July 18, 2014, 08:59:47 PM
Wasn't there supposed to be some requirement of 3 months history required on a live account before sellers were allowed to advertise? All I see is 11 days on a demo account...
Title: Re: SavantFX
Post by: savantfx on July 18, 2014, 11:23:04 PM
Wasn't there supposed to be some requirement of 3 months history required on a live account before sellers were allowed to advertise? All I see is 11 days on a demo account...

No, that was for donnaforex awards.
Title: Re: SavantFX
Post by: forexbaby on July 19, 2014, 04:04:07 AM
Wasn't there supposed to be some requirement of 3 months history required on a live account before sellers were allowed to advertise? All I see is 11 days on a demo account...

No, that was for donnaforex awards.

Do you know trading using demo and real fund are different ball game? You said you did not have money so how can anyone trust you with real fund to trade for them???  Maybe you can trade using real money and show that you can trade well with real money first. Am I right to say that, you have not even make profit using real fund now?
Title: Re: SavantFX
Post by: savantfx on July 19, 2014, 04:32:40 AM
Wasn't there supposed to be some requirement of 3 months history required on a live account before sellers were allowed to advertise? All I see is 11 days on a demo account...

No, that was for donnaforex awards.

Do you know trading using demo and real fund are different ball game? You said you did not have money so how can anyone trust you with real fund to trade for them???  Maybe you can trade using real money and show that you can trade well with real money first. Am I right to say that, you have not even make profit using real fund now?

I am an objective trader. Demo or real, 1k or 10million is the same thing for me. Well i will trade using a live account when i have the money my friend.
Title: Re: SavantFX
Post by: forexbaby on July 19, 2014, 04:35:01 AM
If you are human, trading 1m, or 1000 or demo are different but I wish you all the best to fund your account to trade and prove all of here all wrong :)
Title: Re: SavantFX
Post by: savantfx on July 19, 2014, 04:45:40 AM
If you are human, trading 1m, or 1000 or demo are different but I wish you all the best to fund your account to trade and prove all of here all wrong :)

The key is to have a trading plan. When you trade based on intuitions of course it would be different bacause you are anxious of the outcome but when you have a plan which you have proven to yourself thousands of times in the test then you execute with no excitement or anticipation or anxiety because you already know what to expect. That is why i said it makes no difference because what you do is just the same thing. Learn the language of the chart and have a conversation with it. No you are not crazy if you talk to charts(i don't do that :) ) Thanks and all the best wishes for you  :)
Title: Re: SavantFX
Post by: forexbaby on July 19, 2014, 07:52:53 AM
so guess you have not even earn real cash from your trading yet? well, try to get at least 3 months of history and some real fund.

For many of us, we do not even bother to join the signal if it is a $1000 account. Come back with maybe $5000 or $1000 with good history.

Studying 16 hours do not mean anything, you know right?
Title: Re: SavantFX
Post by: savantfx on July 19, 2014, 05:03:28 PM
so guess you have not even earn real cash from your trading yet? well, try to get at least 3 months of history and some real fund.

For many of us, we do not even bother to join the signal if it is a $1000 account. Come back with maybe $5000 or $1000 with good history.

Studying 16 hours do not mean anything, you know right?

As for the amount of the account it will build over time.

As for studying for 16 hours do not mean anything, well i think the number of times that i have failed do matter. I learnt a lot from failures after failures. Only then you will succeed. So, while i agree studying for 16 hours per day might not mean anything, the things that i have learnt during that hours do matter.

Lets just focus on the live account result. This is going to take a while.
Title: Re: SavantFX
Post by: krisz on July 27, 2014, 11:34:32 PM
Why did you deleted your first live account?
Title: Re: SavantFX
Post by: savantfx on July 28, 2014, 03:48:52 AM
Why did you deleted your first live account?

I figured it is best for me to open an account with a broker which provides a PAMM and popular here, ICmarkets. Expect to see some good trading this week.
Title: Re: SavantFX
Post by: drunkfx on July 28, 2014, 09:13:54 AM
1.93% in a month from past live account... 15% down then 17% up?? It seems your ea is doing too risky (agressive trading), once it can drive your trading in losses and eventually off deposit without the chance to recover...
Title: Re: SavantFX
Post by: forexbaby on July 28, 2014, 12:46:33 PM
I remember this is your first live account which you linked it up...

http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599 (http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599)

what happen?
Title: Re: SavantFX
Post by: savantfx on July 28, 2014, 04:27:47 PM
Drunkfx: I trade manually. I think you will see what kind of trading i will be doing after about three months. No, it is not risky at all. I have almost perfected it so while in the past you can see that kind of drawdowns, you wouldn't anymore going forward. Max is 20%

Forexbaby: I can just say i had some disputes with Jon and the account was his. He asked me to trade this account. I don't want to go into details of the dispute but all i can say is within 3 months, you will see what kind of trader i am.

P/s Warning or not, after three months of solid trading i think people with some intelligence can analyse my results. If most don't here, i am not worried, there are so many other venues ;) Regards.
Title: Re: SavantFX
Post by: forexbaby on July 28, 2014, 04:36:01 PM
Drunkfx: I trade manually. I think you will see what kind of trading i will be doing after about three months. No, it is not risky at all. I have almost perfected it so while in the past you can see that kind of drawdowns, you wouldn't anymore going forward. Max is 20%

Forexbaby: I can just say i had some disputes with Jon and the account was his. He asked me to trade this account. I don't want to go into details of the dispute but all i can say is within 3 months, you will see what kind of trader i am.

P/s Warning or not, after three months of solid trading i think people with some intelligence can analyse my results. If most don't here, i am not worried, there are so many other venues ;) Regards.

So you trade for his account and the result is caused by you?

Title: Re: SavantFX
Post by: savantfx on July 28, 2014, 06:49:43 PM
Drunkfx: I trade manually. I think you will see what kind of trading i will be doing after about three months. No, it is not risky at all. I have almost perfected it so while in the past you can see that kind of drawdowns, you wouldn't anymore going forward. Max is 20%

Forexbaby: I can just say i had some disputes with Jon and the account was his. He asked me to trade this account. I don't want to go into details of the dispute but all i can say is within 3 months, you will see what kind of trader i am.

P/s Warning or not, after three months of solid trading i think people with some intelligence can analyse my results. If most don't here, i am not worried, there are so many other venues ;) Regards.

So you trade for his account and the result is caused by you?

Yes, kind of and no the extreme drawdown(16%) should not have been that way. Towards the end if you analyse the position size that i took, it went up significantly. I made some experiments, and  it was a success. However, it was not reflected in the account. It was supposed to be this week that i get it to breakeven.

What i can say is, wait for three months before giving any verdict. I am waiting for volatility to come back, then great results will be attained. Now, everyone is having a hard time because the market doesn't seem to go anywhere.
Title: Re: SavantFX
Post by: Steve Cole on July 30, 2014, 10:17:16 PM
Drunkfx: I trade manually. I think you will see what kind of trading i will be doing after about three months. No, it is not risky at all. I have almost perfected it so while in the past you can see that kind of drawdowns, you wouldn't anymore going forward. Max is 20%

Forexbaby: I can just say i had some disputes with Jon and the account was his. He asked me to trade this account. I don't want to go into details of the dispute but all i can say is within 3 months, you will see what kind of trader i am.

P/s Warning or not, after three months of solid trading i think people with some intelligence can analyse my results. If most don't here, i am not worried, there are so many other venues ;) Regards.

So you trade for his account and the result is caused by you?

Yes, kind of and no the extreme drawdown(16%) should not have been that way. Towards the end if you analyse the position size that i took, it went up significantly. I made some experiments, and  it was a success. However, it was not reflected in the account. It was supposed to be this week that i get it to breakeven.

What i can say is, wait for three months before giving any verdict. I am waiting for volatility to come back, then great results will be attained. Now, everyone is having a hard time because the market doesn't seem to go anywhere.



Smell like and sound like your making nothing but excuses, but I do not think anyone really was paying to much attention to you anyways


Do you remember this comment by you when you first show up here with all your BS

"I have a big ambition to make the world a better place and have worked very hard to achieve some degree of proficiency in trading. Expected monthly return could be from 50% to 200% or more. It depends on the market condition. If it is trending than it would be great, recently it has been consolidating almost all of the time, so returns are less."


You can wait 3 months or 3 years< I bet you crash and burn.
Title: Re: SavantFX
Post by: Steve Cole on July 30, 2014, 10:19:07 PM
I remember this is your first live account which you linked it up...

http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599 (http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599)

what happen?


Do you really want to know? or is it not enough  that the account went BOOM ?
Title: Re: SavantFX
Post by: HFT Group on July 31, 2014, 12:13:10 AM
I remember this is your first live account which you linked it up...

http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599 (http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599)

what happen?


Do you really want to know? or is it not enough  that the account went BOOM ?

Well the account lost 17%.....I wouldn't exactly refer to it as going 'BOOM'.
I provided this account as I saw the potential in the strategy to generate great volume and rebates. Sadly the vendor requested a new account with a larger deposit when the original account took the minor hit you can see in the myfxbook. I felt that the right thing to do was adjust the strategy and trade the account back into profit if possible. There was disagreement on this point so left the vendor to his own devices.
Title: Re: SavantFX
Post by: Steve Cole on July 31, 2014, 01:39:59 AM
I remember this is your first live account which you linked it up...

http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599 (http://www.myfxbook.com/members/jonpearce/savant-fx-warning/977599)

what happen?


Do you really want to know? or is it not enough  that the account went BOOM ?

Well the account lost 17%.....I wouldn't exactly refer to it as going 'BOOM'.
I provided this account as I saw the potential in the strategy to generate great volume and rebates. Sadly the vendor requested a new account with a larger deposit when the original account took the minor hit you can see in the myfxbook. I felt that the right thing to do was adjust the strategy and trade the account back into profit if possible. There was disagreement on this point so left the vendor to his own devices.


Thanks Jon


But I still call it a BOOM ! why< simple in only 5 trading days the account went into a 21% draw down right from the start, now can anyone image what that would have been like with real money? its a joke,

That tells us 2 things (1) the trader has no idea how to use proper trading size in relationship to account size, and (2) it shows that he walks away during draw down periods.Don't trust this guy at all.

PS , for a guy who has no money(SavantFX) he sure has enough to PAY for advertising on different website, such as world wide invest (wwi)and others, 
Title: Re: SavantFX
Post by: HFT Group on July 31, 2014, 02:27:26 AM
No problem.........our definitions of going 'BOOM' are obviously different but that's ok  :D

As mentioned previously, my motives for trying this strategy probably don't coincide with the ideas of others but that's fine too. I might add that the rebates received also offset the loss somewhat, but this is obviously not evident on the myfxbook account. To me this was no more than giving the guy a chance to trade his strategy on a live account with the possibility of using it as part of my portfolio. I read no more into it than that and it is of very little consequence to me, which is why I have not commented previously.
Everything is relative I guess. I am testing a strategy currently that is very high risk but offers crazy returns. It hit 50% DD overnight but I am prepared for this. The object being to hopefully achieve 100% return and withdraw initial deposit then trade the profits. If it works I will be thrilled........if not, well it's been damn fun to watch  :)
Title: Re: SavantFX
Post by: krisz on August 01, 2014, 06:51:09 PM
SavantFX,
Why are you fooling the forum members? Why do you delete your live 1 account again and replace it with a new one and the same name as it would have been the same??? Because it has loss more than 20% in 5 trading days?
You don't have to answer, we all know that...
Title: Re: SavantFX
Post by: savantfx on August 01, 2014, 08:42:54 PM
I have my own reason to do that. Next week you will understand. I have adapted to trade with greater efficiency. What if i say the drawdown can be recovered within two weeks? I must admit it has been a bit haywire recently but expect things to change next week and forward. I am pushing for the best trading ever and i will try my very best to deliver that.
Title: Re: SavantFX
Post by: krisz on August 01, 2014, 09:00:41 PM
I have my own reason to do that. Next week you will understand. I have adapted to trade with greater efficiency. What if i say the drawdown can be recovered within two weeks? I must admit it has been a bit haywire recently but expect things to change next week and forward. I am pushing for the best trading ever and i will try my very best to deliver that.
You can have any reason to do that... but prepare for the questions...
On Monday (July 28.) you said the same: "Expect to see some good trading this week." - You lost more than 20% in 5 days, with jonpearce's account (-17%) you have lost 37% in 2 weeks.
later: "I don't want to go into details of the dispute but all i can say is within 3 months, you will see what kind of trader i am." - We can not see it, if you delete your account all the time. Can you promise that you will not delete or hide these live accounts in the next 3 months?
http://www.myfxbook.com/members/savantfx/savantfx-live-1/988757 (http://www.myfxbook.com/members/savantfx/savantfx-live-1/988757)
http://www.myfxbook.com/members/savantfx/savantfx-live-2/982934 (http://www.myfxbook.com/members/savantfx/savantfx-live-2/982934)
Title: Re: SavantFX
Post by: TradeNow on August 01, 2014, 09:39:18 PM
Any reason to discuss with that guy? Is that play school here? This thread should be moved to trash bin imho.

br
Mark
Title: Re: SavantFX
Post by: savantfx on August 02, 2014, 08:29:21 AM
Previously i was waiting for the market volatility to come back. Now, i have adapted and that will make all the difference. Smaller tp, breakeven etc. Don't be too quick to judge. As for jonpearce's account, it was something else.

Yes i promise i would not delete the account for the next 3 months and forward. Previously i was having problems with the extreme ranging market and many take profits were lost even when the entries were good. Now, all that has been fixed. I am better now, better than ever before. Volatile market or not, it may now be profitable.
Title: Re: SavantFX
Post by: HFT Group on August 02, 2014, 08:47:16 AM
Previously i was waiting for the market volatility to come back. Now, i have adapted and that will make all the difference. Smaller tp, breakeven etc. Don't be too quick to judge. As for jonpearce's account, it was something else.

Yes i promise i would not delete the account for the next 3 months and forward. Previously i was having problems with the extreme ranging market and many take profits were lost even when the entries were good. Now, all that has been fixed. I am better now, better than ever before. Volatile market or not, it may now be profitable.

Hey.....that's great news  :) So you are happy to continue trading the live account you started with to show all on here that your revised strategy is profitable and you can recover the small loss and trade the account into profit?
Title: Re: SavantFX
Post by: savantfx on August 02, 2014, 10:11:15 AM
Previously i was waiting for the market volatility to come back. Now, i have adapted and that will make all the difference. Smaller tp, breakeven etc. Don't be too quick to judge. As for jonpearce's account, it was something else.

Yes i promise i would not delete the account for the next 3 months and forward. Previously i was having problems with the extreme ranging market and many take profits were lost even when the entries were good. Now, all that has been fixed. I am better now, better than ever before. Volatile market or not, it may now be profitable.

Hey.....that's great news  :) So you are happy to continue trading the live account you started with to show all on here that your revised strategy is profitable and you can recover the small loss and trade the account into profit?

Jon, you mean trade back your account? Yes i will trade it back to profitability. Let bygones be bygones. Life is too short for enmity.
Title: Re: SavantFX
Post by: odysseus11 on August 03, 2014, 09:57:17 PM
To me this trader so far has shown all of the traits of a gambler who will *not* be profitable. The maturity level is severely lacking. No personal offense meant to you Savant, you may get there some day, but you have MUCH to learn.
Jon, I suggest you cut your losses.
Title: Re: SavantFX
Post by: savantfx on August 04, 2014, 05:05:09 PM
I agree that i have much to learn but i certainly am not a gambler.
Title: Re: SavantFX
Post by: AtlantaSean on August 05, 2014, 04:08:47 PM
Trading is hard, I sure have blown my fair share of accounts. Best of luck to you Savant because the pressure is on. I've learned this is a game that everyone plays different. Do you employ a rigid system based on hard rules or do you try and "feel" the market for your targets? Just asking because I was reminded this is a people game watching the movie Trading Places when Eddie Murphy held out closing his pork bellies trade lol.
Title: Re: SavantFX
Post by: savantfx on August 06, 2014, 08:00:10 AM
Trading is hard, I sure have blown my fair share of accounts. Best of luck to you Savant because the pressure is on. I've learned this is a game that everyone plays different. Do you employ a rigid system based on hard rules or do you try and "feel" the market for your targets? Just asking because I was reminded this is a people game watching the movie Trading Places when Eddie Murphy held out closing his pork bellies trade lol.

Hi sean,

I do both but rules are very important. How can you know that you are going to be profitable without a model/system right? We need to have a tangible/real edge to make sure what we are going to do is going to be worthwhile. I haven't watched that movie, always heard of it though. Thanks for the good wishes.
Title: Re: SavantFX
Post by: AtlantaSean on August 09, 2014, 12:14:47 AM
Savant whats going on?
I want to help you if I can. My opinion is not one of a professional trader so surely I am not the most qualified to offer advice. But I have been through the ringer many times as you appear to be going through right now, and as one fellow trader to another I wanted to share some observations and things I've learned the hard (expensive) way.

- Never think in terms of Dollar amount. Always think in terms of Percentage. Always. I see that every account you have started, you have grossly over traded. With $2000 and 50:1 leverage your lot sizing should maybe range from 0.02 - 0.1. Perhaps higher if your win rate was stable. The commissions alone on your most recently public account were hovering around -2% of your total balance in less than two weeks! What edge do you think can overcome this rake? Every time I have taken a shot to go for the home run I've strikeout. Account blown. You must slow down...

- M1 and M5 charts using indicator only scalping with extremely tight SL requires genius level precision. Seriously, who can do this? Did you back test your strategy? Honestly I would be scared that the results of such a low time frame wouldn't be valid. Maybe there are successful people using something like this IDK. But from what I've seen, similar types of commercial strategies always blow up. If it were only that easy...

- Look to better traders and emulate them. That's what I try and do. On this forum in fact, goldenmember and jshear are some of the best known traders. They seem to approach the market from completely different angles yet deliver similar results. Man I would just love to trade as good as goldenmember, holy shit. I've never seen anything like it. I suggest you read his entire thread on this forum for a different perspective at how to think about trading and to reflect on his unique insight. Also jshear is impressive. I've never known a professional scalper could have that much control. But then that's how the pros do it...





Title: Re: SavantFX
Post by: savantfx on August 10, 2014, 09:32:26 AM
Savant whats going on?
I want to help you if I can. My opinion is not one of a professional trader so surely I am not the most qualified to offer advice. But I have been through the ringer many times as you appear to be going through right now, and as one fellow trader to another I wanted to share some observations and things I've learned the hard (expensive) way.

- Never think in terms of Dollar amount. Always think in terms of Percentage. Always. I see that every account you have started, you have grossly over traded. With $2000 and 50:1 leverage your lot sizing should maybe range from 0.02 - 0.1. Perhaps higher if your win rate was stable. The commissions alone on your most recently public account were hovering around -2% of your total balance in less than two weeks! What edge do you think can overcome this rake? Every time I have taken a shot to go for the home run I've strikeout. Account blown. You must slow down...

- M1 and M5 charts using indicator only scalping with extremely tight SL requires genius level precision. Seriously, who can do this? Did you back test your strategy? Honestly I would be scared that the results of such a low time frame wouldn't be valid. Maybe there are successful people using something like this IDK. But from what I've seen, similar types of commercial strategies always blow up. If it were only that easy...

- Look to better traders and emulate them. That's what I try and do. On this forum in fact, goldenmember and jshear are some of the best known traders. They seem to approach the market from completely different angles yet deliver similar results. Man I would just love to trade as good as goldenmember, holy shit. I've never seen anything like it. I suggest you read his entire thread on this forum for a different perspective at how to think about trading and to reflect on his unique insight. Also jshear is impressive. I've never known a professional scalper could have that much control. But then that's how the pros do it...

Hi sean,

Thanks for your thoughts, appreciate it. Yes, i do think in terms percentage. The past two weeks i have been trying to adapt to lower take profits and a more efficient and effective way of trading. I must say it was difficult to get used to it but i think i have succeeded in adapting. Yes, it is a model+experience and it is a darn good one.Trust me, you haven't seen anything like it, ever. Do check my account on monday london closed and you can see my way of trading has become much more effective and efficient.
Title: Re: SavantFX
Post by: savantfx on August 15, 2014, 03:40:53 PM
I went full circle the past two weeks. Now, i am back to square one. But the thing is.. things become clearer, I now know what i have to fix. Previously i was too rigid. Low volatility demands active change of decision and that was where i lacked.

For those who are interested with my trading, please wait for at least 15 days of trading activity on the reference account. I am still fixing things here and there.
Title: Re: SavantFX
Post by: AttilaG on September 02, 2014, 12:24:22 PM
  Well I got my answer .
   This is a joke   :)
Title: Re: SavantFX
Post by: savantfx on September 04, 2014, 06:53:00 AM
  Well I got my answer .
   This is a joke   :)

Hi AttilaG,

No, i am almost there. In fact, the current reference account should be the final one. Like i said in the previous post, please wait for at least 15 trading days on the reference account. It is about to be completed. Why 15 days? Because the results will be stellar and not the usual kind that you see often.
Title: Re: SavantFX
Post by: AtlantaSean on September 05, 2014, 02:09:53 AM
  Well I got my answer .
   This is a joke   :)

He is going Full Retard on every account he restarts. Absolutely ZERO equity control.

Savant you are not ready to trade for other people yet, sorry. You think you can just create some "system" and it is something you figure out and then all the questions are answered? The destination reached? No man. This is like billiards where you're never too old to learn and you must continue practicing. It is the journey that counts. You need to trade on a LIVE account or you will learn nothing. Best of luck...
Title: Re: SavantFX
Post by: odysseus11 on September 05, 2014, 02:28:56 AM
Sean, to be fair, his behavior absolutely forecast this outcome, plain as day, a long time ago. Please tell me you didnt trust live money to this nonsense.
Title: Re: SavantFX
Post by: AtlantaSean on September 05, 2014, 04:33:26 AM
Please tell me you didnt trust live money to this nonsense.

No I don't subscribe to any signal whatsoever, my continuing interest has always been in source code and EA development. But by skimming through this thread I stumbled upon someone who reminded me of myself when I was evolving thru the Forex meat grinder. Realizing that everybody absorbs concepts and retains knowledge at different speeds, I just wanted to help him if possible but it appears he might be too thickheaded at the moment to listen or learn from others (just like I was). Live account losses create humility and harbor respect for the marketplace. I have blown so many freakin accounts by being stubborn or trading with a high risk appetite but I believe Savant has not blown enough.
Title: Re: SavantFX
Post by: odysseus11 on September 05, 2014, 04:51:01 AM
I agree.
In a word, he is immature.
I dont mean that as a personal attack, I mean it in a very real sense, he literally is not mature in trading.
I suspect he is a young person and immature in general, but that is irrelevant and not necessarily so - what he displayed in his attitude though so far, as I said a few pages back, screamed (to me, at least) about his maturity level. Just as you said, he has not been through the fire.His thoughts and ideas (regarding trading) aresimilar to what many of us thought when we were beginners.

Someday, perhaps, he will learn - but he certainly shouldnt be trusted with investment funds. When he *is* ready, his live verified myfxbook will show it. This is a perfect example of why a live, verified myfxbook with substantial capital for several months is an absolute requirement for anyone to look at investments, IMO.

Please tell me you didnt trust live money to this nonsense.

No I don't subscribe to any signal whatsoever, my continuing interest has always been in source code and EA development. But by skimming through this thread I stumbled upon someone who reminded me of myself when I was evolving thru the Forex meat grinder. Realizing that everybody absorbs concepts and retains knowledge at different speeds, I just wanted to help him if possible but it appears he might be too thickheaded at the moment to listen or learn from others (just like I was). Live account losses create humility and harbor respect for the marketplace. I have blown so many freakin accounts by being stubborn or trading with a high risk appetite but I believe Savant has not blown enough.
Title: Re: SavantFX
Post by: AtlantaSean on September 05, 2014, 05:19:37 AM
This is a perfect example of why a live, verified myfxbook with substantial capital for several months is an absolute requirement for anyone to look at investments, IMO.

Couldn't agree more and that is really the bottom line. LIVE trading history. And if I had used some discipline to heed that advice I would have saved myself Thousands instead of buying stupid EAs that fail, but that is a whole other story...
Title: Re: SavantFX
Post by: savantfx on September 25, 2014, 01:20:42 PM
I have completed the system. As for going full retard and restarting again and again, i was experimenting. Why would anyone stick to things that do not work? If one is able to fail again and again and learn from the failures one will one day achieve success.

But then i do agree that i should have only gone to public after i am ready. Previously, i thought i was good enough but i was not.

Everyone should do their own due diligence. To each his own.
Title: Re: SavantFX
Post by: Bigsteve on September 25, 2014, 01:56:27 PM
I have completed the system. As for going full retard and restarting again and again, i was experimenting. Why would anyone stick to things that do not work? If one is able to fail again and again and learn from the failures one will one day achieve success.

But then i do agree that i should have only gone to public after i am ready. Previously, i thought i was good enough but i was not.

Everyone should do their own due diligence. To each his own.
Wow !!!!!
It's just incredibly corrupt to deliberatley do that to other people.
Title: Re: SavantFX
Post by: savantfx on September 25, 2014, 02:01:23 PM
I have completed the system. As for going full retard and restarting again and again, i was experimenting. Why would anyone stick to things that do not work? If one is able to fail again and again and learn from the failures one will one day achieve success.

But then i do agree that i should have only gone to public after i am ready. Previously, i thought i was good enough but i was not.

Everyone should do their own due diligence. To each his own.
Wow !!!!!
It's just incredibly corrupt to deliberatley do that to other people.

What? I didn't have any customer when i was restarting rapidly.
Title: Re: SavantFX
Post by: savantfx on October 02, 2014, 06:05:09 PM
I have passed the elusive 15 days of trading activity and have completed my trading plan. I had some hiccups with overtrading and i am taking measures to avoid ever doing that again. From now on, i will just follow my trading plan.

I have backtest results of my current trading plan. Currently only for Jan 2014 till September 2014.

I am accepting signal subscribers again. You may visit my website to subscribe.

Signal is only temporary before i make the transition to PAMM.
Title: Re: SavantFX
Post by: nwboater on October 02, 2014, 11:05:40 PM
There are Signals from professional traders with years of very successful trading at less than half of what you want to charge. I just can't imagine paying more that double those guys and putting my funds at risk while you learn how to trade. In fact I can't imagine putting my funds at risk even for free with a trader that doesn't have a long proven track record.

Sorry, it just doesn't make sense to me!

Good luck.

Rod
Title: Re: SavantFX
Post by: savantfx on October 03, 2014, 07:56:47 PM
There are Signals from professional traders with years of very successful trading at less than half of what you want to charge. I just can't imagine paying more that double those guys and putting my funds at risk while you learn how to trade. In fact I can't imagine putting my funds at risk even for free with a trader that doesn't have a long proven track record.

Sorry, it just doesn't make sense to me!

Good luck.

Rod

Hi Rod,

You may compare my results at the end of the October with their results. I understand that i need more history.Well, I am here to do that.

I am not worried as i know i will get there. I just need to have more control over myself and just be patient. I know i have to prove mysefl. The results should speak for itself after a few months.

Thanks the good wishes Rod :)

Regards,
Savantfx
Title: Re: SavantFX
Post by: savantfx on October 11, 2014, 11:08:19 AM
Hi guys,

I have just added another live account. At first i thought i should wait until it gets to 400% and then share it but then i thought to myself why don't just let them see it grow? So here i am sharing with you.

This account is high risk and by analysing the backtest data i think 2.4 times the normal risk would be an optimal risk for an astronomical gain with an expected drawdown of 65%. It has not happened this year, if i traded properly that is.The minimum account if you want to join this is 1k usd.

The other option is the normal risk. The minimum to join is 5k usd.

My approach is based on statistics so it will be fine as long as i can keep myself together.

Regards,
Savantfx
Title: Re: SavantFX
Post by: savantfx on October 15, 2014, 04:09:42 PM
Today was a good day. It is kinda tiring though trading up and down. I attached current trade below. If it hits TP, well it looks like it...Savantfx Risk 1.0 will break 100%.

100% in two weeks, with a small drawdown. Not bad...

The key is to trade with a positive expectancy. Grids and Martingale are for lazy people.

I trade cycles and order flow.
Title: Re: SavantFX
Post by: savantfx on October 16, 2014, 07:40:19 AM
Hi all,

I have just opened a PAMM at fxpig. Those who are interested may join me at http://savantfx.fxpig.com (http://savantfx.fxpig.com)

Regards,
Savantfx
Title: Re: SavantFX
Post by: savantfx on October 17, 2014, 05:21:25 PM
I need more investors on my PAMM.
Title: Re: SavantFX
Post by: odysseus11 on October 17, 2014, 05:44:32 PM
Savant, this forum is *not* a medium for you to advertise and promote your PAMM for free.
Please refer to the forum rules.
Next time you will be banned.

Aside from that, I would be baffled that anyone would be willing to trust you with their money. I suggest a live MyFXbook with an unbroken history of at least 3 months.

I need more investors on my PAMM.
Title: Re: SavantFX
Post by: AtlantaSean on October 17, 2014, 11:11:07 PM

lol    ;D  +43% in one day!!!

Yes what ody said about account history... With whatever super high risk you are using I am doubting that you will maintain an account for 3 months without blowing it and having to restart a new one. Nucking Futs brother  :P :P :P :P :P :

If you do, I will be a believer and become a client  :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P$$$$ lol

Seriously you made me smile huge today Savant
Title: Re: SavantFX
Post by: AtlantaSean on October 17, 2014, 11:13:29 PM
lololololololololololololololololol :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P
im crying
Title: Re: SavantFX
Post by: reinerh on October 17, 2014, 11:28:22 PM
I need more investors on my PAMM.

starting a new account every few days wont earn you any credibility whatsover.

who cares what you make in a week, then blow account the next day.

built up some history.

Title: Re: SavantFX
Post by: savantfx on October 18, 2014, 06:09:58 AM
I didn't blow up. I just want to start fresh and focus on PAMM. If i can trade excellently, what is wrong with that? If you can't do it, why do you think others can't? Do you know how much work i have put into this?

I didn't take any crazy risk. My trade is now aboout 3% per SL for Risk 1.0 and for Risk 2.4 is 2.4 times Risk 1.0. What is wrong with that? I trade with about 15pips of SL and TP of about 50pips. What is wrong with that?

Below was the account from september 12 till october 15th, then continued by the current account, started at 16th october which i shared on my signature and website.

http://gyazo.com/00f965cb204ba5c8a5779fc265411512 (http://gyazo.com/00f965cb204ba5c8a5779fc265411512)
Title: Re: SavantFX
Post by: AtlantaSean on October 18, 2014, 09:53:56 PM
Savant please don't take offense. Yes right now I am a naysayer. But you are right, it doesn't matter what the hell anyone else says. Self confidence is almost more important than skill and if you think that you can sustain freakishly high gains without danger to getting margin called then that's great. Just because it isn't normal doesn't mean it isn't possible. I'm actually rooting for you! But after a hard day at work I came home and saw that new signature of yours and it made me cry laughing for about 5 minutes.  :-*
Title: Re: SavantFX
Post by: reinerh on October 18, 2014, 10:15:30 PM
i did not say you blew the account........

i was just saying that way too many signal people its been like that.

meaning if you show consistency is the key. i dont care if its 100% or 2%, but consistent.

your tp and sl values are all good = win to loss.

so do yourself a favour and keep trading one account for a longer timeframe and you will get customers i am sure of that.
Title: Re: SavantFX
Post by: stensten on October 30, 2014, 12:50:38 AM
Previous account Live 1 Risk 1, after big loss last week: "Sorry, but this system was deleted by it's creator."

So creating new accounts one after another and hoping people will join your PAMM? Grow up young man
Title: Re: SavantFX
Post by: reinerh on October 30, 2014, 03:26:46 AM
yeah,

i am not surprised. never even heard  of decent mm.

might just as well flip a coin.

sure hope no fools subscribe to this.

Title: Re: SavantFX
Post by: savantfx on October 30, 2014, 03:00:31 PM
Not really a big loss, it is going to be recovered fully by next week. Also i am still trading the account from 12 september and will publish it again later after several months.

I have problems with overtrading and have reduced the leverage to 1:25. I have  a very good system but controlling myself is a big problem. Hence, the reduce of leverage from 1:50 to 1:25, and it will help me a lot.
Title: Re: SavantFX
Post by: alidubai on October 30, 2014, 03:05:53 PM
BAN this guy.Dont need any newbie falling for this.Plz admin?
Title: Re: SavantFX
Post by: nwboater on October 30, 2014, 03:24:29 PM
BAN this guy.Dont need any newbie falling for this.Plz admin?

I don't agree with banning him. I think he is a perfect example of why people need to do a lot of due diligence before committing their funds to anything.

If people read this thread and still invest with him, well..........................

Cheers,
Rod
Title: Re: SavantFX
Post by: savantfx on October 30, 2014, 04:15:54 PM
I have not blown up or failed. Even right now my trading results from 12/9/2014 are still better than most. It should have been stellar but due to lack of self control it is not that great but still better than most.

I changed the account because i don't like it when the drawdown is not what it supposed to be.

I admit i have a problem with overtrading and i have always had that problem but i am taking the steps to eliminate it. I have reduced the position size by 60% by now versus when i started initially and have reduced the leverage to 1:25.

I am very near to be what i would call an excellent trader. I believe i will achieve it in three months from now. Execution wise, i am still lacking but i am improving rapidly. I must say trading is a very mentally demanding career.

I have attached below the trading results from 12 September 2014.
Title: Re: SavantFX
Post by: alidubai on October 30, 2014, 04:29:28 PM
Put ur money on the line.
Title: Re: SavantFX
Post by: krisz on October 30, 2014, 04:34:55 PM
I have not blown up or failed. Even right now my trading results from 12/9/2014 are still better than most. It should have been stellar but due to lack of self control it is not that great but still better than most.

I changed the account because i don't like it when the drawdown is not what it supposed to be.

I admit i have a problem with overtrading and i have always had that problem but i am taking the steps to eliminate it. I have reduced the position size by 60% by now versus when i started initially and have reduced the leverage to 1:25.

I am very near to be what i would call an excellent trader. I believe i will achieve it in three months from now. Execution wise, i am still lacking but i am improving rapidly. I must say trading is a very mentally demanding career.

I have attached below the trading results from 12 September 2014.
It is completly irrelevant what you are saying, these are the 20th and 21th account which you create, if you wish I can get all the links from previous 19 accounts from google history where states that it has been deleted.
Pure bullshit: "I changed the account because i don't like it when the drawdown is not what it supposed to be." it is not "not supposed to be", it IS a FACT.
And now comes again that 3 months... how many times did you say that? All the accounts were deleted, these gonna be too.
Save yourself from getting more enemies and back off. Come again when you have that 3 months. Until that you shouldn't have any signature, because you will be here the laughingstock every time you create a new one.
Title: Re: SavantFX
Post by: odysseus11 on October 30, 2014, 04:41:20 PM
I agree that this topic is AWESOME, because it is a perfect example of what potential investors should be making sure to stay away from. The vendor is clearly very sincere and not looking to intentionally scam anyone (I dont think), and yet is so clearly and obviously NOT at a level where he should be trading anyone else's real funds that I couldnt even point to a more instructional example. I wish you the best Savant, but again, we are watching for a continual myfxbook.
Title: Re: SavantFX
Post by: AtlantaSean on November 01, 2014, 03:01:28 PM
I admit i have a problem with overtrading

Ya think? You had said that you considered percentages and not Dollar amounts when calculating your risk. Looks like that one blew right past you.

If you don't care to acknowledge this then what could help you is to consider how many negative pips it will take to equal a zero balance. Your historical monthly win rate is around 40% so it is important to give yourself a fair chance of success by leaving some wiggle room. Right? How many bad trades until you visit Tap City?

I am very near to be what i would call an excellent trader. I believe i will achieve it in three months from now.

Really? Humble Pie on the menu. I wouldn't call someone excellent until their track record showed how diligently they traded out of a hurricane. Multiple times. The odds are so stacked against every retailer and IMO years of surviving is what makes a great trader. Simply having staying power.
Title: Re: SavantFX
Post by: savantfx on December 26, 2014, 07:10:56 AM
Hi AtlantaSean,

Thank you for your kind words in your previous post. I saw it before you delete it. I didn't reply because i knew that my system was still in development and i would restart the trading account. I had a good system back in september but i was not happy with it because i could see so many opportunities not capitalised. So naturally, i made a decision to improve upon what is already good.

I have just finished it last week and it will be good.

Failures mean progress, if you learn from it.
Title: Re: SavantFX
Post by: AtlantaSean on December 29, 2014, 03:33:45 AM
Hi AtlantaSean,

Thank you for your kind words in your previous post. I saw it before you delete it. I didn't reply because i knew that my system was still in development and i would restart the trading account. I had a good system back in september but i was not happy with it because i could see so many opportunities not capitalised. So naturally, i made a decision to improve upon what is already good.

I have just finished it last week and it will be good.

Failures mean progress, if you learn from it.

That is logical. But identifying and acknowledging something new that is learned and continuously applying it to trading are two different things. I don't really know what you're trying to do. From my experience creating some sort of rules based mechanical system that is profitable long term is terribly difficult. And success with that leads to the prospect of automation which is an incredibly exciting subject to me! That's my ultimate goal. But manual trading enjoys a flexibility and real-time research based action that leave the computer programs lacking. So that's why I'm confused that you continuously reference enhancements to your "system" while manually trading.

There are many successful trading methods to make the cash and so far I've noticed you always going balls deep trying to make a score. Super high lot sizes relative to your balance. Have you heard that saying? "There are old traders and there are bold traders, but very few old bold traders". I love that! You seem to hold trade entry accuracy in the highest regard. I could be wrong but that is what it seems most important to you because of your razor tight stops. And I believe you mentioned trying to use order flow. I think that is very interesting for such style as yours. Trading unbiased of the macro flows, what you are doing is using 100% price discovery. Or essentially being one of the first participants trying to call a bottom by betting the "wrong" direction and going long EurUsd.

I'll keep checking on you. If you tone down your risk you may not have to delete this new myfxbook! ;) Best of luck...
Title: Re: SavantFX
Post by: savantfx on March 12, 2015, 10:28:25 AM
Have you heard that saying? "There are old traders and there are bold traders, but very few old bold traders"

Hi Sean,

Yeah i have heard that saying and it is true. The trick is to be that few old bold traders :)

At last i am able to be consistent in trading. It has a lot to do with 'soul' searching in a way. Even if you have a great way of trading, you would still not be able to trade consistently if you can't control yourself. There is always a way to do something better.
Title: Re: SavantFX
Post by: reinerh on March 19, 2015, 10:51:20 AM
Have you heard that saying? "There are old traders and there are bold traders, but very few old bold traders"

Hi Sean,

Yeah i have heard that saying and it is true. The trick is to be that few old bold traders :)

At last i am able to be consistent in trading. It has a lot to do with 'soul' searching in a way. Even if you have a great way of trading, you would still not be able to trade consistently if you can't control yourself. There is always a way to do something better.

i guess your accounts blew up again yesterday.

will you ever learn that mm is important ?

oh well, you only lost a few cents after all :)
Title: Re: SavantFX
Post by: zanzistor on March 19, 2015, 10:56:30 AM
Have you heard that saying? "There are old traders and there are bold traders, but very few old bold traders"

Hi Sean,

Yeah i have heard that saying and it is true. The trick is to be that few old bold traders :)

At last i am able to be consistent in trading. It has a lot to do with 'soul' searching in a way. Even if you have a great way of trading, you would still not be able to trade consistently if you can't control yourself. There is always a way to do something better.

Do you think that there are SO MANY stupid out there that have not noticed that every time you blow out some account, you will restart again and again?
GIVE US a FULL verified myfxbook, with almost 6 months of history, and i will shut up my mouth, i swear!
Title: Re: SavantFX
Post by: savantfx on March 19, 2015, 11:10:55 AM

i guess your accounts blew up again yesterday.

will you ever learn that mm is important ?

oh well, you only lost a few cents after all :)

Hi Reinerh,

No, the account didn't blow up. I reused the balance and restarted fresh. I am trying to perfect my trading. Yes, mm is very important. Again i am trying to build up an excellent/almost perfect track record and to my surprise i learnt so many new things along the way and that was the reason why i restarted my account so many times. I have failed many times but it was vital for my progress

My track record will be valuable once it hits 3 months. Before that if I restart the account again before i reached 3 months, that means i am still not satisfied with my trading style but if i reached 3 months of track record then that means i am very satisfied with my trading style and it should be amazing because i don't accept less.

When you have time check the account once a week or so. One day, you will be amazed :)

With consistent undivided focus on a problem, nothing can't be solved.
Title: Re: SavantFX
Post by: savantfx on March 19, 2015, 11:19:10 AM
Do you think that there are SO MANY stupid out there that have not noticed that every time you blow out some account, you will restart again and again?
GIVE US a FULL verified myfxbook, with almost 6 months of history, and i will shut up my mouth, i swear!

Hi Unbeatable,

You need at least 3 months of live trading with at least 300 non-consecutive trades to be able to analyse someone's performance. Please read the thread first to know where i stand.
Title: Re: SavantFX
Post by: zanzistor on March 19, 2015, 11:36:04 AM
Do you think that there are SO MANY stupid out there that have not noticed that every time you blow out some account, you will restart again and again?
GIVE US a FULL verified myfxbook, with almost 6 months of history, and i will shut up my mouth, i swear!

Hi Unbeatable,

You need at least 3 months of live trading with at least 300 non-consecutive trades to be able to analyse someone's performance. Please read the thread first to know where i stand.

Hi there, the only thing i see, is that you have 2 accounts, started From 18 of march 2015.
Nothing else! Nothing else. and the date of the VERY first post in this thread is July 12, 2014
So, i realized REALLY, that you think we are ALL stupid.
If you have some more relevant informations that i have not.. please Kindly put them upfront..
Title: Re: SavantFX
Post by: Tyler on March 19, 2015, 11:47:09 AM
it seems you are so angry  ???
Do you think that there are SO MANY stupid out there that have not noticed that every time you blow out some account, you will restart again and again?
GIVE US a FULL verified myfxbook, with almost 6 months of history, and i will shut up my mouth, i swear!

Hi Unbeatable,

You need at least 3 months of live trading with at least 300 non-consecutive trades to be able to analyse someone's performance. Please read the thread first to know where i stand.

Hi there, the only thing i see, is that you have 2 accounts, started From 18 of march 2015.
Nothing else! Nothing else. and the date of the VERY first post in this thread is July 12, 2014
So, i realized REALLY, that you think we are ALL stupid.
If you have some more relevant informations that i have not.. please Kindly put them upfront..
Title: Re: SavantFX
Post by: zanzistor on March 19, 2015, 12:00:55 PM
I am not hungry...
But people that have not so much experiece Could loose money....
If someone wants to make some experiment, in forex must do privately.
And not selling signals, or giving away pamm..
A strategy CAN fail, but time, effort, and Backtest to understand what is the worst case scenario and stop....Must be in place.
And not: " I have the best strategy, that does 1600% in one month", then blow up the account, "uh, i have understood a lot of things for this and that" and MAYBE someone else lost money only cause he trusted someone that is doing experiments..... If someone wants to make experiments free to do... but privately....
Maybe i am a bit rude, but not hungry, the same for you savantfx, i am not agaist you... But if you have something to show, just show. No more, no less.
thanks all
Title: Re: SavantFX
Post by: savantfx on March 19, 2015, 04:35:38 PM
I am not hungry...
But people that have not so much experiece Could loose money....
If someone wants to make some experiment, in forex must do privately.
And not selling signals, or giving away pamm..
A strategy CAN fail, but time, effort, and Backtest to understand what is the worst case scenario and stop....Must be in place.
And not: " I have the best strategy, that does 1600% in one month", then blow up the account, "uh, i have understood a lot of things for this and that" and MAYBE someone else lost money only cause he trusted someone that is doing experiments..... If someone wants to make experiments free to do... but privately....
Maybe i am a bit rude, but not hungry, the same for you savantfx, i am not agaist you... But if you have something to show, just show. No more, no less.
thanks all

Hi unbeatable,

Yes i agree with you. I started this thread or my website because back then i was so sure i had the best thing ever and wanted to commercialise it. I thought i was ready because i have done much test on it but to my surprise it was far from perfect and i saw so many aspects of it that can be improved. This has been the case for many times now but i did hold up many times too from publishing an unfinished work.

Again before i reached 3 months and 300 trades or anyone for that matter my/their track record should be regarded as unreliable.



Title: Re: SavantFX
Post by: zanzistor on March 20, 2015, 05:02:49 AM
Ok, i really appreciate your last statement.
Good to know you understand how is important not to fool people.
Respect!   8)
Title: Re: SavantFX
Post by: savantfx on January 29, 2018, 04:48:25 AM
I am restarting this.

I have tested it thoroughly. Lets see the forward test result. A managed account(PAMM) is planned.
Title: Re: SavantFX
Post by: savantfx on January 29, 2018, 02:15:35 PM
(https://i.gyazo.com/3382ef94331ef6226a4fce4c737edec4.png)
Title: Re: SavantFX
Post by: petermatt on January 29, 2018, 07:49:30 PM
History - Private
Really?
Title: Re: SavantFX
Post by: savantfx on January 29, 2018, 08:04:40 PM
History - Private
Really?

I have made it public.
Title: Re: SavantFX
Post by: Humble Trader's Fx on January 29, 2018, 10:33:30 PM
History - Private
Really?

I have made it public.

Hello, SavantFX.

You have been on this forum since July/2017 demonstrating your challenges in learning Fx trading; I am happy for your slow comprehension of what is involved but why expose yourself to this drudgery of your learning curve. If I were you, I would keep drudging on and when I have something with a successful record on myfxbook of at least 3 months of fully verified account (s), with "no" hidden fields ( all public, no cat and mouse games), whatsoever, I would return to the forum and publicize my success for applause and recognition, perhaps gain some followers.  ;)

Regards,
HumbleTrader
Title: Re: SavantFX
Post by: savantfx on January 30, 2018, 10:22:33 AM
History - Private
Really?

I have made it public.

Hello, SavantFX.

You have been on this forum since July/2017 demonstrating your challenges in learning Fx trading; I am happy for your slow comprehension of what is involved but why expose yourself to this drudgery of your learning curve. If I were you, I would keep drudging on and when I have something with a successful record on myfxbook of at least 3 months of fully verified account (s), with "no" hidden fields ( all public, no cat and mouse games), whatsoever, I would return to the forum and publicize my success for applause and recognition, perhaps gain some followers.  ;)

Regards,
HumbleTrader

Hi Humble Trader,

Appreciate your comment. I would say this time I have tested this thoroughly and the forward test is going to be successful. I would get to 1000% in a relatively short time using a moderate risk. I thought it would be good to do it in public in real time and hopefully people that is interested would contact me for an investment opportunity.
Title: Re: SavantFX
Post by: savantfx on January 31, 2018, 09:04:02 AM
Current trades

(https://i.gyazo.com/bd61e24003cd8035415a25731be54fd0.png)
(https://i.gyazo.com/26c3cf2e302ce662696281b57d57d324.png)
(https://i.gyazo.com/c287c8a0b7abe8961e0d28c48d577f59.png)
(https://i.gyazo.com/f37064d2a9ec5c2cb66329b71f2cb0ff.png)
Title: Re: SavantFX
Post by: savantfx on March 14, 2018, 09:18:48 PM
Halfway to 1000%.
Title: Re: SavantFX
Post by: vontogr on April 05, 2018, 01:16:45 PM
The owner of SavantFX is available on the forum to answer questions and comments. If you have traded with Savant, please share your experiences!

http://savantfx.com/ (http://savantfx.com/)

Hi,

is this still alive?
Website does not work - at least for me.
MFB link is dead as well.
Title: Re: SavantFX
Post by: savantfx on April 07, 2018, 09:02:01 AM
https://www.myfxbook.com/members/savantfx/live/2477915

I am open for investment once I have reached 5000%.
Title: Re: SavantFX
Post by: savantfx on April 07, 2018, 05:54:22 PM
The owner of SavantFX is available on the forum to answer questions and comments. If you have traded with Savant, please share your experiences!

http://savantfx.com/ (http://savantfx.com/)

Hi,

is this still alive?
Website does not work - at least for me.
MFB link is dead as well.

It is still alive. I don't use the website anymore. Only skype.
Title: Re: SavantFX
Post by: savantfx on April 16, 2018, 02:34:05 PM
3000%. 2000% more.

Minimum is 1000 usd for the managed account. Risk of the managed account is about two times less than the showcase account, to ensure long term sustainability. I was thinking of reducing it to 4 times less but would do that only once I have a bigger capital.

Will open for registration once I reached 5000%.
Title: Re: SavantFX
Post by: pipsbuster on April 16, 2018, 03:32:35 PM
Why do you need investments? Just trade it up a bit more till you have all the money in the world.
Title: Re: SavantFX
Post by: savantfx on April 16, 2018, 03:41:11 PM
It would take me several years for that. I would like to be financially free in a year or two.
Title: Re: SavantFX
Post by: Tyler on April 16, 2018, 03:52:42 PM
investing as low as 100$ and according with your Myfxbook performance, you would be millionaire in 3 months
edit: actually in 2 months, you can play it by yourself  ;D
http://www.forex21.com/forex-compounding-calculator/
It would take me several years for that. I would like to be financially free in a year or two.
Title: Re: SavantFX
Post by: pipsbuster on April 16, 2018, 03:53:14 PM
It would take me several years for that. I would like to be financially free in a year or two.

How would that take you several years if you have at least $100 at your disposal and can generate thousands of percent per month?
Title: Re: SavantFX
Post by: savantfx on April 16, 2018, 04:03:33 PM
I wish it is that easy. The market does not give signals every day and sometimes there would be no signals for weeks. On average I would say, 2 to 8 signals per month(Main trades).

Basically I need investments to get to where I want quicker. Rather than make 10k, why not 10 mil.
Title: Re: SavantFX
Post by: savantfx on April 16, 2018, 04:06:19 PM
investing as low as 100$ and according with your Myfxbook performance, you would be millionaire in 3 months
edit: actually in 2 months, you can play it by yourself  ;D
http://www.forex21.com/forex-compounding-calculator/
It would take me several years for that. I would like to be financially free in a year or two.

Yeah I play with it all the time. It is actually always opened on my chrome browser :)
Title: Re: SavantFX
Post by: pipsbuster on April 16, 2018, 04:38:31 PM
Do you operate a MAM?
Title: Re: SavantFX
Post by: savantfx on April 17, 2018, 04:16:31 AM
Do you operate a MAM?

Yes. Feel free to contact me on skype.
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 02:19:56 PM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?
Title: Re: SavantFX
Post by: Sergius on April 18, 2018, 03:23:09 PM
investing as low as 100$ and according with your Myfxbook performance, you would be millionaire in 3 months
edit: actually in 2 months, you can play it by yourself  ;D
http://www.forex21.com/forex-compounding-calculator/
It would take me several years for that. I would like to be financially free in a year or two.

I wouldn't know what to do with so much money. So, I think I will pass.  ;)
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 03:47:03 PM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?

Nope, this is all that I have but I can assure you I have backtested it.

Current trade
(https://i.gyazo.com/13aa11840770af42e0069d22d06cfb13.png)
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 03:48:33 PM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?

Nope, this is all that I have but I can assure you I have backtested it.

Current trade

Then I would prefer waiting for some more time just to make sure the strategy is robust enough to trust it with real money.
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 03:59:31 PM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?

Nope, this is all that I have but I can assure you I have backtested it.

Current trade

Then I would prefer waiting for some more time just to make sure the strategy is robust enough to trust it with real money.

Sure, I have nothing against that.
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 05:10:21 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 05:51:26 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 06:38:07 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?
Title: Re: SavantFX
Post by: Humble Trader's Fx on April 18, 2018, 06:42:52 PM
You have been at it since, July 12, 2014, 08:37:19 PM , when you made your first post in this forum; that would be almost 4 years, yet you have only a myfxbook of less than a month data to show for it and that probably a cent account.  You are looking for investors or suckers, Seriously?  :-*

Regards,
HumbleTrader


Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 06:43:44 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?

Backtest and forward test conforms and the logic behind it is extremely narrow. For it to fail, the market needs to go beyond the extreme. I am already at the extremum if you can tell. The market can go beyond the extreme but not all of the time and my RR is positive most of the time so, the losses would be covered.
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 06:47:04 PM
You have been at it since, July 12, 2014, 08:37:19 PM , when you made your first post in this forum; that would be almost 4 years, yet you have only a myfxbook of less than a month data to show for it and that probably a cent account.  You are looking for investors or suckers, Seriously?  :-*

Regards,
HumbleTrader

You are right I am not serious. Yes, Tickmill provides a cent account.
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 07:02:27 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?

Backtest and forward test conforms and the logic behind it is extremely narrow. For it to fail, the market needs to go beyond the extreme. I am already at the extremum if you can tell. The market can go beyond the extreme but not all of the time and my RR is positive most of the time so, the losses would be covered.

How can I bet against you?
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 07:08:01 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?

Backtest and forward test conforms and the logic behind it is extremely narrow. For it to fail, the market needs to go beyond the extreme. I am already at the extremum if you can tell. The market can go beyond the extreme but not all of the time and my RR is positive most of the time so, the losses would be covered.

How can I bet against you?

Buy usdcad now. That is one way.
Title: Re: SavantFX
Post by: pipsbuster on April 18, 2018, 07:14:36 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?

Backtest and forward test conforms and the logic behind it is extremely narrow. For it to fail, the market needs to go beyond the extreme. I am already at the extremum if you can tell. The market can go beyond the extreme but not all of the time and my RR is positive most of the time so, the losses would be covered.

How can I bet against you?

Buy usdcad now. That is one way.

I mean, long term. I would be willing to place money in an escrow account under a betting contract that your strategy won't survive. I will then invest an equal amount in your PAMM. If you're right, you get the bet and half of the trading profits. If you're wrong, I break even.
Title: Re: SavantFX
Post by: Tyler on April 18, 2018, 07:16:16 PM
I thought you would have plenty of track record since 2014: https://www.forexfactory.com/showthread.php?p=7796755

What happened to that account?

Back to the drawing board. Many times. It was only recently that it became really good.

What makes you think it will last this time?

Backtest and forward test conforms and the logic behind it is extremely narrow. For it to fail, the market needs to go beyond the extreme. I am already at the extremum if you can tell. The market can go beyond the extreme but not all of the time and my RR is positive most of the time so, the losses would be covered.

How can I bet against you?

Buy usdcad now. That is one way.

I mean, long term. I would be willing to place money in an escrow account under a betting contract that your strategy won't survive. I will then invest an equal amount in your PAMM. If you're right, you get the bet and half of the trading profits. If you're wrong, I break even.
That's a bit harsh don't you think?
Title: Re: SavantFX
Post by: savantfx on April 18, 2018, 07:21:42 PM
I mean, long term. I would be willing to place money in an escrow account under a betting contract that your strategy won't survive. I will then invest an equal amount in your PAMM. If you're right, you get the bet and half of the trading profits. If you're wrong, I break even.
[/quote]

That is tempting if it is a million dollars. If you are interested you can just watch, if not then it is okay, you can ignore the offer. The offer would not last long anyway. Maybe a year, maybe a lot less. By the way, if you do have a good amount of capital then risk per trade will be lowered.
Title: Re: SavantFX
Post by: pipsbuster on April 19, 2018, 02:39:29 AM
You claim to persist in these returns for the time to come which would make you the master of the universe. I disagree to recognize this fate for you and strive to profit off you while your claim lasts.
Title: Re: SavantFX
Post by: savantfx on April 19, 2018, 05:04:42 AM
You claim to persist in these returns for the time to come which would make you the master of the universe. I disagree to recognize this fate for you and strive to profit off you while your claim lasts.

There is a limit to how much you can make in fx. Liquidity is not infinite. So, wouldn't be the master of the universe anytime soon.
Title: Re: SavantFX
Post by: pipsbuster on April 19, 2018, 05:16:44 AM
Rendering the Forex market illiquid beyond limits is much of the same.
Title: Re: SavantFX
Post by: savantfx on April 19, 2018, 05:55:20 AM
Rendering the Forex market illiquid beyond limits is much of the same.

Wow, your statement is at such a high level of comprehension on the fx market intricacies that I have no idea what you are talking about.
Title: Re: SavantFX
Post by: pipsbuster on April 19, 2018, 06:05:28 AM
Rendering the Forex market illiquid beyond limits is much of the same.

Wow, your statement is such at a high level of comprehension of the market that I have no idea what you are talking about.

You'll blow it. Again. I'm willing to bet on it. Do you comprehend?
Title: Re: SavantFX
Post by: savantfx on April 19, 2018, 06:07:12 AM
Rendering the Forex market illiquid beyond limits is much of the same.

Wow, your statement is such at a high level of comprehension of the market that I have no idea what you are talking about.

You'll blow it. Again. I'm willing to bet on it. Do you comprehend?

Owh, that I can comprehend.
Title: Re: SavantFX
Post by: ForexCyborg on April 23, 2018, 05:11:33 PM
I just saw this thread + your myfxbook account and I think you really need to reduce your risk, even if you found the holy grail.

Your current account has 6 open trades, all nearly at the same level with a SL of 70 pips, but already -55% at -33.5 pips.
You will get a margin call even before you reach the SL.

My advice: Try to trade a system with MUCH lower risk and build up a history for at least 12 months.
Smart investors don't search for the highest gain. They search for solid systems. If you have a account that has a DD below 10-30% and a monthly gain over 5-20% than you will attract many investors.

What you are doing is gambling in my view.
Title: Re: SavantFX
Post by: reinerh on April 23, 2018, 06:37:04 PM

yes it is pure gambling, he has blown account after account......................

i assume small ones.

every time it went kaboom. high risk never works, always bites ya in the rear.
Title: Re: SavantFX
Post by: Trunk on April 23, 2018, 10:00:00 PM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?

Which give nothing in terms of prediction of future profits. Common misconception you should certainly avoid.
Title: Re: SavantFX
Post by: pipsbuster on April 24, 2018, 06:10:54 AM
Do you operate a MAM?

Yes. Feel free to contact me on skype.

Do you have live performance results over longer periods of time?

Which give nothing in terms of prediction of future profits. Common misconception you should certainly avoid.

My point was he can't last.
Title: Re: SavantFX
Post by: savantfx on April 25, 2018, 12:13:37 PM
I just saw this thread + your myfxbook account and I think you really need to reduce your risk, even if you found the holy grail.

Your current account has 6 open trades, all nearly at the same level with a SL of 70 pips, but already -55% at -33.5 pips.
You will get a margin call even before you reach the SL.

My advice: Try to trade a system with MUCH lower risk and build up a history for at least 12 months.
Smart investors don't search for the highest gain. They search for solid systems. If you have a account that has a DD below 10-30% and a monthly gain over 5-20% than you will attract many investors.

What you are doing is gambling in my view.

I agree to most of what you have said. I am not gambling, strategy wise but I risked way too much. I will be lowering my risk to be at a level where I could still make great gains but not destroy the account.
Title: Re: SavantFX
Post by: pipsbuster on April 25, 2018, 01:27:19 PM
I just saw this thread + your myfxbook account and I think you really need to reduce your risk, even if you found the holy grail.

Your current account has 6 open trades, all nearly at the same level with a SL of 70 pips, but already -55% at -33.5 pips.
You will get a margin call even before you reach the SL.

My advice: Try to trade a system with MUCH lower risk and build up a history for at least 12 months.
Smart investors don't search for the highest gain. They search for solid systems. If you have a account that has a DD below 10-30% and a monthly gain over 5-20% than you will attract many investors.

What you are doing is gambling in my view.

I agree to most of what you have said. I am not gambling, strategy wise but I risked way too much. I will be lowering my risk to be at a level where I could still make great gains but not destroy the account.

Did you blow it yet again?
Title: Re: SavantFX
Post by: krisz on April 25, 2018, 08:24:58 PM
I just saw this thread + your myfxbook account and I think you really need to reduce your risk, even if you found the holy grail.

Your current account has 6 open trades, all nearly at the same level with a SL of 70 pips, but already -55% at -33.5 pips.
You will get a margin call even before you reach the SL.

My advice: Try to trade a system with MUCH lower risk and build up a history for at least 12 months.
Smart investors don't search for the highest gain. They search for solid systems. If you have a account that has a DD below 10-30% and a monthly gain over 5-20% than you will attract many investors.

What you are doing is gambling in my view.

I agree to most of what you have said. I am not gambling, strategy wise but I risked way too much. I will be lowering my risk to be at a level where I could still make great gains but not destroy the account.

Did you blow it yet again?
What do you think?
He had 6 sells from 0.9735.
With 0.9768 already had 55% DD. This account could last till 0.9800. It went until 0.9845 today...
Title: Re: SavantFX
Post by: pipsbuster on April 25, 2018, 08:37:20 PM
I just saw this thread + your myfxbook account and I think you really need to reduce your risk, even if you found the holy grail.

Your current account has 6 open trades, all nearly at the same level with a SL of 70 pips, but already -55% at -33.5 pips.
You will get a margin call even before you reach the SL.

My advice: Try to trade a system with MUCH lower risk and build up a history for at least 12 months.
Smart investors don't search for the highest gain. They search for solid systems. If you have a account that has a DD below 10-30% and a monthly gain over 5-20% than you will attract many investors.

What you are doing is gambling in my view.

I agree to most of what you have said. I am not gambling, strategy wise but I risked way too much. I will be lowering my risk to be at a level where I could still make great gains but not destroy the account.

Did you blow it yet again?
What do you think?
He had 6 sells from 0.9735.
With 0.9768 already had 55% DD. This account could last till 0.9800. It went until 0.9845 today...

I would like him to update it for his prospective PAMM investors to see.
Title: Re: SavantFX
Post by: krisz on April 26, 2018, 04:36:12 PM
I think I know who is savantfx: DJ Khaled. :)
(https://i.imgflip.com/1k1vlh.jpg)
Title: Re: SavantFX
Post by: savantfx on April 30, 2018, 01:36:42 PM
I think I know who is savantfx: DJ Khaled. :)
(https://i.imgflip.com/1k1vlh.jpg)

Sure I will. In fact, I already have.
Title: Re: SavantFX
Post by: alaali on April 30, 2018, 03:01:36 PM
Fresh start and fresh story.

But don't ask someone to invest with you without a proper money management and a long enough history.

If I open 2 accounts and add placed one sell trade in one and one buy trade on the other I can get one winner to show to the people. However can I survive longer enough to show people some history? maybe if I opened 1000 account and do the same for the winner and kept removing the blown up account I can only show 11 trades till I face the decision of only one surviving account to test two trades with.

Anyway good luck with your trading.

I think I know who is savantfx: DJ Khaled. :)
(https://i.imgflip.com/1k1vlh.jpg)

Sure I will. In fact, I already have.

Title: Re: SavantFX
Post by: savantfx on May 02, 2018, 01:23:11 PM
Sure. Thanks for the comment.
Title: Re: SavantFX
Post by: savantfx on May 04, 2018, 03:47:41 PM
Ending the week with about 200%. It is pretty good.

By the way, the minimum for the managed account is 2000 usd. Had you invested on 1/5/18, you would have recouped your initial capital and now trade risk free.
Title: Re: SavantFX
Post by: reinerh on May 04, 2018, 05:51:35 PM
Ending the week with about 200%. It is pretty good.

By the way, the minimum for the managed account is 2000 usd. Had you invested on 1/5/18, you would have recouped your initial capital and now trade risk free.

you have good weeks indeed,

but if your wad is lost the next week you have nothing.

and so far all your accounts have blown.

why not reduce risk and go for the long term, i assure you that you actually will get customers.
Title: Re: SavantFX
Post by: savantfx on May 04, 2018, 06:03:16 PM
Ending the week with about 200%. It is pretty good.

By the way, the minimum for the managed account is 2000 usd. Had you invested on 1/5/18, you would have recouped your initial capital and now trade risk free.

you have good weeks indeed,

but if your wad is lost the next week you have nothing.

and so far all your accounts have blown.

why not reduce risk and go for the long term, i assure you that you actually will get customers.

Thanks for your kind words. I have reduced the risk though I would like to reduce it more in the future. Currently it is at about 8.5% per SL which should be sustainable for the long term. It is on the high side though. Half that would be ideal.
Title: Re: SavantFX
Post by: savantfx on May 11, 2018, 06:17:49 PM
Ending second week at 708%.
Title: Re: SavantFX
Post by: savantfx on May 18, 2018, 07:05:55 PM
Third week ends at 1173%(floating).
Title: Re: SavantFX
Post by: savantfx on May 25, 2018, 05:34:58 PM
Fourth week ends at 956%.
Title: Re: SavantFX
Post by: alaali on May 26, 2018, 11:12:00 PM
Next week I should do better.

Or worse!