collapse

Author Topic: ASTA Signal Service  (Read 30121 times)

Offline Tempestshade

  • Sr. Member
  • ****
  • Posts: 652
ASTA Signal Service
« on: September 08, 2014, 09:11:39 PM »
MOD EDIT: Official Introduction:

A representative (username: Prof.) of ASTA Signal Service is available on the forum to answer any questions about their signal service.

myfxbook stats: http://www.myfxbook.com/members/ProfBernardo/asta-signal-master-account/943208

website: TBA

Please share your experiences if you have traded with them.



Hey guys,

Just wanted to post about ASTA a signal service that I have been monitoring now for quite some time.

http://www.connectforex.com/signal/2370/signal.html

http://www.myfxbook.com/members/ProfBernardo/asta-signal-master-account/943208

From what I have seen so far it looks very nice! I will contact the signal owner and see if he can post here.

Cheers,
David
« Last Edit: September 10, 2014, 12:23:03 PM by DamBuster »

Offline broncoman

  • Jr. Member
  • **
  • Posts: 26
Re: ASTA Signal Service
« Reply #1 on: September 09, 2014, 06:49:47 AM »
Yes, it looks like a very interesting, unique and successful system in work here.  It is the first myfxbook pips & profit $ drawdown graph I have seen where it displays all green positive.  Why then is the drawdown % graph all in RED and not matching the green for pips and $ ??

Also, very good details explained by the provider on how best to copy it.  One to watch.  Thanks for the heads up David. 


Offline guernica

  • Sr. Member
  • ****
  • Posts: 1129
Re: ASTA Signal Service
« Reply #2 on: September 09, 2014, 10:25:00 PM »
It seems this system is doing well in this trending market.
But ... there is always a but ... i don't know what will happen in future (with the change of market) and there are things make me wary: the little deposit (1.000 lbs.) and only 4 monts of trading.

Offline nc!

  • Full Member
  • ***
  • Posts: 267
Re: ASTA Signal Service
« Reply #3 on: September 10, 2014, 10:03:11 AM »
RTAS and Ambush signals had similar positive equity but both failed in ranging and trend markets. Must say that this signal in ranging seems to perform better than the previous mentioned signals. Will keep it in the evaluation radar. nc!
No eas in real accounts

Following Signals

Offline Tempestshade

  • Sr. Member
  • ****
  • Posts: 652
Re: ASTA Signal Service
« Reply #4 on: September 10, 2014, 10:10:07 AM »
My observations while monitoring this system is that during ranging periods this system will be very choppy as you can see for the first bit of it's history. Once trending periods occur the profits come in pretty steadily.

Offline DamBuster

  • Global Moderator
  • Hero Member
  • *****
  • Posts: I am a geek!!
  • Trade long and prosper, earthlings... ;-)
ASTA Signal Service
« Reply #5 on: September 10, 2014, 12:19:14 PM »
A representative (username: Prof.) of ASTA Signal Service is available on the forum to answer any questions about their signal service.

myfxbook stats: http://www.myfxbook.com/members/ProfBernardo/asta-signal-master-account/943208

website: TBA

Please share your experiences if you have traded with them.

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #6 on: September 10, 2014, 01:33:51 PM »
Hi,

i want to do a quick introduction of myself. I am a longer term member of this community now for several years. Did go through all the stuff with FAP, MD and all the recent EAs. This was all under another username, which is now banned/deleted. I do not want to use this username anymore, because i posted several times on other vendors threads and that is, now that i am a vendor myself, kind of a fishy territory that i do not want to enter.

In early 2014 i knocked on the doors from a team of true professionals, because i was sick of being constantly on the losing side of the markets (which is probably most of the retailer section). I am now a partner and am allowed to offer this specific systems for retail traders and investors, while i am responsible for all support and service. "Retail" is actually anything below $1M per account.

Most of the needed information are written in the simpletrader/connectforex section of the signal itself. Additionally i am here to answer all unanswered questions.


@broncoman
I do not understand your question. Would you mind to define your question in more detail?

@guernica and Tempestshade
You are right with your observations. This system is doing great when markets (or at least a single currency pair traded) is moving. On the other hand we suffer in low volatility ranging markets. So the account is flat in ranging markets, while it is gaining rapidly as soon as momentum picks up. You can see that easily on the history.

We dont know what happens in the future. No one knows that for sure. All we can do is monitor the system closely and adapt the system continuously to market changes.

Regarding the short history and low deposit: Variations of this system is now running for several years on a bunch of accounts. Due to different risk profiles it is not that easy to claim specific draw downs/returns, as they vary a lot between accounts. What does not differ, is the continuous ratio of well over 3:1 - return:draw down on a yearly basis.

Regarding the low account size i can tell you three reasons:
1. I am not allowed to make the bigger accounts public  :) Although there are a few older accounts with balances between $30k and $300k on public and i have seen personally accounts with well over $1m myself.
2. The big accounts are not running with MT4, but FIX API. So no way to hook it up to usual sites like myfxbook or MT4i.
3. The MT4 account is funded with minimal money, because we have constantly better environment on the bigger accounts (better feed, lower average spreads etc.).


@nc!
RTAS and Ambush do not come even close to this system. I do not know Ambush in detail (and do not want to blame other verndors), but from what i have read, the decisions are based solely on technicals, which is (imho) not the best idea. Technical levels could be a good addition, but you must mix it with fundamentals. Otherwise you will get caught on the ugly side of the market. Thats the first difference. On the other hand i have seen very large floating gains running into losses. That does not happen with this system. Just take a look at the myfxbook stats and you see, that positions with huge floating profits are closed as soon as the trend changes (for example the GBP/USD trends in the last few weeks).
Compared to RTAS this system is definitely a lot better in ranging markets (as you already noticed). RTAS was handcuffed, as it was not able to hedge positions and therefore stand on the sideline when the moves are not suited. Additionally it was not able to scale in and out of positions. Both are mandatory to take profits and keep your equity in choppy markets.


Hope i could answer your questions or add valuable information to your observations.


Kind regards,
Bernd

Offline jemook

  • Verified Vendor
  • Full Member
  • ***
  • Posts: 336
  • Global Prime - the broker that's on your side.
Re: ASTA Signal Service
« Reply #7 on: September 16, 2014, 07:46:19 AM »
Hi Bernd,

Hope you don't me posting here. This strategy has been trading for some time at GP - I'm always impressed at how the equity is constantly above balance. Very cool, hope you can get some traction soon.

Like others said definitely one to watch. It's also a pleasure dealing with Bernd who is a top bloke. Keep it up.

Cheers,
Jeremy

Offline J16

  • Full Member
  • ***
  • Posts: 205
Re: ASTA Signal Service
« Reply #8 on: September 16, 2014, 02:21:41 PM »
I have to say this is one of the best trader in ST. Look at the stats and trading style  :)

However, need patience.



Offline guernica

  • Sr. Member
  • ****
  • Posts: 1129
Re: ASTA Signal Service
« Reply #9 on: September 16, 2014, 07:24:35 PM »
104 monthly is very expensive.

Offline J16

  • Full Member
  • ***
  • Posts: 205
Re: ASTA Signal Service
« Reply #10 on: September 17, 2014, 03:08:02 AM »
Think if you are not staying in Europe, you will get a cheaper price without VAT. PM the vendor and he will give you a link without VAT
« Last Edit: September 17, 2014, 06:33:13 AM by tryingforex123 »



Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #11 on: September 17, 2014, 06:33:25 PM »
Thanks Jeremy for your kind words. It was a pleasure to talk to you. Thanks again for tryingforex123. But keep in mind, draw downs will come. Thats for sure. So keep in mind to not overleverage your account.

At guernica:
The price was increased, because PayPal is not able to handle VAT correctly (nor will they do it in the near future). As i have to pay VAT directly to my tax government, this had to be added for EU residents. That said, tryingforex123 hit the nail on the head: If you are a non-EU resident, there is no need to pay VAT. All you have to do is send me a mail with your Simpletrader/Connectforex mail and state your country. Will then send you a private link with 87 per month.

If 87 per months is still too much for you, just drop me a message or post in this thread. I already talked with Jeremy about a MAM. We can start that up pretty quick if there are a few investors who want to jump on board.


Cheers,
Bernd

Offline e1vis

  • Hero Member
  • *****
  • Posts: 1595
Re: ASTA Signal Service
« Reply #12 on: September 17, 2014, 08:28:16 PM »
I need to monitor a bit more but subject to the right conditions I might well be interested in joining a MAM.

Presumably a MAM would give better results than the signals too, given you mention the following: "The MT4 account is funded with minimal money, because we have constantly better environment on the bigger accounts (better feed, lower average spreads etc.)."
« Last Edit: September 17, 2014, 08:31:13 PM by e1vis »

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #13 on: September 18, 2014, 06:03:14 PM »
Hi e1vis,

thanks for your interest. Take your time and tell me, whenever you are ready.

But i might need to jump in on your second passage. Reason for better conditions on our bigger accounts is not solely based on the account size. They also run mainly on FIX, so we are comparing two different platforms and different account sizes.

On the other hand you are perfectly right when you say that the MAM would like perform better. Thats because of the possibility to copy trades locally (instead of sending them across the globe through the signal software) and an overall better situation for improvements on the broker side because of larger volume (for example a custom feed).

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #14 on: September 20, 2014, 03:42:01 PM »
Just a quick look at the action of last week:
Account is still looking good, but markets calmed down waiting for the results referendum. The result was pretty much as expected, as we could see a drift into the "no" territory in the recent weeks. So it actually was kind of a non-event, because there was nothing really surprising.


I would like to take the chance and answer a question i have seen several times in the last week:
"Is it a good idea to start at an all time high or is it smarter to wait for a draw down?"
The answer ist: I have no idea... You can not know when we hit the "real" all time high, so there might be some room left for further profits. The account sat at a new all time high pretty much a month ago. At that time, you might have thought to wait for a draw down to jump on board. Well, if you decided to stand at the sideline, you have missed a LOT of profit. Thats exactly the case now again. Yes, the account is sitting at new highs, but that does not mean you will face a draw down immediately.
On the other hand it could be stressful to jump on board and start with a draw down. Actually thats the beauty of starting in draw downs. You get in at a better starting position.

I have told people what i would do. That is not the best route, as there is objectively no best route. It is a personal choice, so think about what suits best to your own character. As we do not know where the profit taking ends (only in hindsight), i would suggest to start trading as soon as you decide you want to follow this system. On the other hand, it might be emotionally easier to start with only half of your planned risk. That covers both sides - taking advantage of further profits and reducing your risk in case of a draw down. Additionally you can then up your risk on the next draw down and improve your situation further. For example 10% draw downs do happen on a regular basis and there is no way to avoid these. So if you started with half of your planned risk, you could more than double your risk setting in a 10% draw down and still maintain your desired maximum risk. On the other hand the substantial increase of position sizes would help you dramatically in the recovery process plus the way up to new all time highs.

Hope my description was clear. If there are any questions, feel free to ask.


Wish you a nice weekend,

Bernd ;)

 

browse forum

* Recent Posts

Re: Forex Manager DBA by petersurrey
[Today at 09:45:56 AM]


Re: Forex Manager DBA by ahtiong
[Today at 07:46:26 AM]


Re: Darwins by petersurrey
[Today at 04:21:09 AM]


Re: Forex Manager DBA by petersurrey
[Today at 03:53:44 AM]


Re: Forex Manager DBA by alaali
[Yesterday at 10:41:20 PM]


Re: Forex Manager DBA by eusergio
[Yesterday at 10:39:42 PM]


Re: Forex Manager DBA by oportunis
[Yesterday at 10:24:50 PM]


Re: Forex Manager DBA by alaali
[Yesterday at 10:10:09 PM]


Re: Forex Manager DBA by gabjib
[Yesterday at 05:21:29 PM]


Re: Pegasus FX by Pegasus FX
[Yesterday at 11:25:57 AM]