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Author Topic: SavantFX  (Read 53368 times)

Offline savantfx

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Re: SavantFX
« Reply #30 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.
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Offline krisz

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Re: SavantFX
« Reply #31 on: July 27, 2014, 11:34:32 PM »
Why did you deleted your first live account?

Offline savantfx

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Re: SavantFX
« Reply #32 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.
« Last Edit: July 28, 2014, 03:52:08 AM by savantfx »
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Offline drunkfx

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Re: SavantFX
« Reply #33 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...

Offline forexbaby

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Re: SavantFX
« Reply #34 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

what happen?


Offline savantfx

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Re: SavantFX
« Reply #35 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.
« Last Edit: July 28, 2014, 04:29:24 PM by savantfx »
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Offline forexbaby

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Re: SavantFX
« Reply #36 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?



Offline savantfx

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Re: SavantFX
« Reply #37 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.
« Last Edit: July 29, 2014, 04:22:42 AM by savantfx »
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Offline Steve Cole

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Re: SavantFX
« Reply #38 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.
« Last Edit: July 31, 2014, 01:41:48 AM by Steve Cole »

Offline Steve Cole

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Re: SavantFX
« Reply #39 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

what happen?


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

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Re: SavantFX
« Reply #40 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

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.

Offline Steve Cole

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Re: SavantFX
« Reply #41 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

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, 

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Re: SavantFX
« Reply #42 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  :)

Offline krisz

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Re: SavantFX
« Reply #43 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...

Offline savantfx

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Re: SavantFX
« Reply #44 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.
« Last Edit: August 01, 2014, 08:47:42 PM by savantfx »
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