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Author Topic: Ambush Trader  (Read 63713 times)

Offline xfire22

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Re: Ambush Trader
« Reply #30 on: December 23, 2013, 08:55:31 PM »
It's refreshing to be in a positive equity position for a change. Hopefully it continues but these guys seem good. The only negative is I've never been able to get a response from an inquiry but I've mostly been able to get the information I need here.

Offline nc!

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Re: Ambush Trader
« Reply #31 on: December 23, 2013, 11:23:27 PM »
Hi there, will this run with ST ea so we can add it to other signals?
No eas in real accounts

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Online nwboater

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Re: Ambush Trader
« Reply #32 on: December 23, 2013, 11:44:55 PM »
Hi there, will this run with ST ea so we can add it to other signals?

They us their "Own" copier which is not Simple Trader. Would be nice it they would use ST, but doesn't seem they want to.

Cheers,
Rod

Offline websmith

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Re: Ambush Trader
« Reply #33 on: December 24, 2013, 12:57:44 PM »
hi everyone, we will not boot signal subscribers. We have people who bought a whole year in advance , we will honor these agreements and we don't see a reason to boot SS who supported us from the beginning and helped get the service started.

The problem with signal service is this:

- a lot clients lose money because they use too much leverage and close positions early/try to trade around us
- Too expensive for small accounts
- Does not make sens for large accounts. Imagine 3 traders with 200k in balance and we are only getting a few 100 monthly for managing 600k. It's just a business sense for profitable traders.
- In general paying monthly is a turn off to a lot of traders with 2-5k and i believe it pressures them into want to use more leverage to cover the costs. In a bad month they are at a huge disadvantage and we will have bad months .

Personally I prefer signal service because my account is small and using 0.01 lot per $1000 does not have any sense.  I prefer 0.03 per $1000. I understand risk, it is my choice.
Ambushtrader, let me suggest you to make copier limitation. If account size is less than $10 000 it is possible to use copier. If account size is more than $10 000, welcome to pamm

Offline forexbaby

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Re: Ambush Trader
« Reply #34 on: December 24, 2013, 02:17:48 PM »
well, there are many views. If account size small, you can take pamm as you still win % of your profit and not pay when there is no profit.


Offline odysseus11

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Re: Ambush Trader
« Reply #35 on: December 24, 2013, 03:01:18 PM »
Thanks for the reply Ambush folk, thats what I wanted to hear.
Every signal service I have ever used - EVERY ONE - that was profitable (which is hardly any of course) booted me and went PAMM, sometimes even breaking their guarantees in the process (storm anyone?), so to me that is an important reassurance that you will grandfather existing signal clients. I totally understand and agree with your position and reasonings. Will be giving you a try -
http://www.forexfusion.com
stop gambling. start trading.

Offline nc!

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Re: Ambush Trader
« Reply #36 on: December 25, 2013, 10:58:22 AM »
Hi there, will this run with ST ea so we can add it to other signals?

They us their "Own" copier which is not Simple Trader. Would be nice it they would use ST, but doesn't seem they want to.

Cheers,
Rod

 I know you have your own copier would you consider providing your signal via ST?

Merry Christmas

nc!
No eas in real accounts

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Offline ambushtrader

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Re: Ambush Trader
« Reply #37 on: December 26, 2013, 06:25:56 PM »

Personally I prefer signal service because my account is small and using 0.01 lot per $1000 does not have any sense.  I prefer 0.03 per $1000. I understand risk, it is my choice.
Ambushtrader, let me suggest you to make copier limitation. If account size is less than $10 000 it is possible to use copier. If account size is more than $10 000, welcome to pamm

This is a good idea, but how would we enforce it?

PAMM will be a bit higher leverage than what we recommend for the copier. We have to recommend the most conservative with the copier because we know people are going to do what they want anyway and to lead them in the least risky direction from the start is the best way. SS the client is really responsible for the risk management , all we can control is the trades.

The PAMM Risk management will be more discretionary by us. This is a function we cannot do with the trade copier.  We will be increasing size as we add new clients to the balance (obviously) and we will be taking on more risk as it grows in profit .

ST looks great, but I think our copier works fine and we are expanding toward PAMM rather than expanding into more SS options. We use RTC from EA-Coder for trade copy and our own dedicated server. Their services and product have been amazing.

Offline flatour

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Re: Ambush Trader
« Reply #38 on: December 27, 2013, 03:49:47 AM »
Hello
I look at your myfxbook and I see many "double trades". Is it normal?
Thanks

Offline Viktory

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Re: Ambush Trader
« Reply #39 on: December 27, 2013, 03:51:33 AM »
Hi Flatour! Look at:

"For example. look at eurjpy on 11.07.2013 19:48 .  2 trades opened. 1 trade took profit for 76 pips the next day. Stop for the other trade is around 76 pips. So that trade set is now reduced risk.  14 days later the other trade took profit for 567.8 pips . It was a free trade that had no risk 1 day after entry. This is how we trade all our trades. There is no holding and praying. We have defined targets and stops and a strategy for reducing risk for every setup. It does takes patience to trade with us because we are very patient with our targets and setups. We are not perfect, but our best edge is reducing risk which is not something you see in most trading plans."

Cheers! ;)
Victor

Offline flatour

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Re: Ambush Trader
« Reply #40 on: December 27, 2013, 04:28:38 AM »
Thanks Victor,
So, seems a normal behaviour!
Thanks

Offline Bigsteve

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Re: Ambush Trader
« Reply #41 on: December 28, 2013, 12:26:10 AM »
Hi Ambushtrader what is the suggested beginning balance for US broker accounts following 1:1 risk?

Offline Viktory

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Re: Ambush Trader
« Reply #42 on: December 28, 2013, 03:41:27 AM »
Hi Bigsetve,

They trade with conservative leverage (50:1 is enough); and recommend 0.01 lots for every $1,000 USD, so I suppose that's the minimum for 1 to 1 risk.

Good luck!

Offline jemook

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Re: Ambush Trader
« Reply #43 on: December 29, 2013, 10:23:17 PM »
Hi Daniel / Peter,

I was referred here by a client of ours. I sent an email to you guys through your website - will PM you as well. If you're looking for a MAM setup please get in touch with Global Prime, we have everything you need.

Good luck with your ventures.

Regards,
Jeremy

Offline flatour

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Re: Ambush Trader
« Reply #44 on: January 06, 2014, 11:54:40 AM »
Last 16 trades for Ambush... not good...
Let's hope 2-3 good trades will recover all that... :)

http://gyazo.com/05262fec42c6832042052ad0191b58ad

 

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