collapse

Author Topic: ASTA Signal Service  (Read 30152 times)

Offline BoozyBum

  • Full Member
  • ***
  • Posts: 103
Re: ASTA Signal Service
« Reply #15 on: September 22, 2014, 11:54:18 AM »
Don't get carried away guys.

If you customose the dates on the myfxbook to just mid august only 1 month ago you will see that for 2 months ASTA didn't make any money at all. 1 good month does not make a system. Clearly market conditions are favourable for it in the past 4-5 weeks, but not so before that. What i can say that is great about the system is that eqity was always higher, however for those 2 months there was plenty of "losty profits" that could of been banked but weren't. This signal would be ideal to run if you had another system that was running with different logic ie a scalper or manual trader to copy.

Surely ASTA likes a trending market. If it can NOT LOSE money in a ranging market but make good money in a trending market then yuo would probably only have 4 positive months BUT likely have big profits from those 4 months. This one goes on my Watchlist for sure but I am not jumping in just yet, I'll need to see more history.

Offline J16

  • Full Member
  • ***
  • Posts: 205
Re: ASTA Signal Service
« Reply #16 on: September 22, 2014, 11:59:03 AM »
I feel that if there is some dd, one may consider jumping in. However, the floating are in big green now so maybe wait a bit for the next cycle.  ;)



Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #17 on: September 22, 2014, 02:28:46 PM »
@BoozyBum
I am sorry, but you are wrong. You say the system "didn't make any money at all" up until "mid august". Please take a look at it again and look at the equity. Balance increase is not what you want to see, it is your equity you are interested in. Actually performance is measured on equity (at least i do). The problem is, that myfxbook only looks at the balance, which is imho plainly wrong.

So back to the (equity) performance:
- End of June: Equity at +6,39%
- End of July: Equity at +11,78%
- End of August: Equity at +14,70%

As you can see, the system did make money every single month and that was not very easy due to the low volume and volatility in the summer season. You have noticed that the trading style definitely benefits a lot when trends develop, but it did money in these three choppy markets as well. Although it is slower, it still is profitable  :D

Regarding the "losty profits": This system is based with serious money management in mind. That needs cutting losses and go on, while you aim for a positive risk:reward-ratio. You simply can not cut floating profits early, because you do not know when the move is exhausted. As this is a signal service, you can just close the trades in profit if you would like to do that. You have all rights and options to do that. That said, this absolutely isnt recommended. But the ability still remains.

Regarding running it with a scalper or different system: It always is a good idea to diversify your portfolio, but keep in mind that you need to pick good systems to improve your overall portfolio. Additionally it is mandatory that you use the "lot multiplier" option in your member area. "Risk multiplier" will screw up both the trades from this system and the other system you are using. That wont help you at all  ;)

Take all the time you need. We are still in the process of building up history on this platform. You will get a feeling for the system soon.


@tryingforex123
You should not look at the floating profits, but the overall equity line. This system is built to trade and increase with equity in mind. The change in balance is actually nothing but the result of trade being closed in the process of increasing equity. So it is a natural behaviour that you see different kind of "jumps" in the balance, based on the length of the move we could catch. So if you are searching for an entry, you could search for a dip in the equity curve, but that does not necessarily means we have a lower floating profit. Hope my sentences arent too weired to understand  :)


Have a nice day,

Bernd  ;)

Online petersurrey

  • DonbonsPrivateGroup
  • Sr. Member
  • *
  • Posts: 825
Re: ASTA Signal Service
« Reply #18 on: September 27, 2014, 02:02:10 PM »
Looks interesting..with such a large volume of trades can you confirm how close your ST signal service gets to published results assuming GP is used? Can you tell us more about your MAM - fees etc?  Can you also confirm the average monthly gross return over the last 2 years for same system and max open/closed DD?

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #19 on: September 27, 2014, 02:56:42 PM »
I do not know how much the signal service follower accounts differ from the master account in terms of performance. I have no access to any subscriber-accounts. But i can tell you, that you will face differences due to the nature of signal services.

I will answer some of our question from the private message as well:
The MAM will be run at GP. Performance fee would be set at 20%. Have to talk to Jeremy, but i would like to implement a feature of not charging performance fee until the investors requests a withdrawal. So the performance fee would be based on the last equity high of the investors account and is then charged as soon as the investors withdraws money/profits. Min. deposit should be very low, i am aiming at $1k max. This MAM should be open for small retail investors as well and the min. deposit is needed to be low enough to make it affordable for pretty much anybody. Of course there wont be any withdrawal fees.

Monthly return and DD depend on the used risk profile. For the risk of the signal master, trading is stopped at 35% (equity!) draw down. That said, you can expect a return/DD-value of well above 3:1 on a yearly basis.
Please keep the risk in mind. On the signal master risk profile draw downs in the ballpark of 10-15% are hit on a regular basis. So you need to adjust your risk settings on the signal service or the deposit in the MAM to make sure you do not freak out when these kind of draw downs are hit.



Kind regards

Online petersurrey

  • DonbonsPrivateGroup
  • Sr. Member
  • *
  • Posts: 825
Re: ASTA Signal Service
« Reply #20 on: October 03, 2014, 08:12:47 PM »
..very nice handling of the nfp today - well done - especially considering the exposure and shows good risk balance - will be following with very close interest...ignoring balance and focusing on equity..

Offline kjen17

  • Sr. Member
  • ****
  • Posts: 691
Re: ASTA Signal Service
« Reply #21 on: October 03, 2014, 10:21:26 PM »
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).

Lots of crap products say this sort of thing too, although maybe this one is different. Can we know who this team is and a bit more about them, or is this a secret?

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #22 on: October 04, 2014, 07:09:32 AM »
..very nice handling of the nfp today - well done - especially considering the exposure and shows good risk balance - will be following with very close interest...ignoring balance and focusing on equity..

Actually thought we would hit some slight draw downs due choppy markets because last few weeks markets picked up volatility significantly and thus needed to cool down a bit. Basically thats what we have seen... well, at least until NFP hit with an unexpected value pushing the Dollar. You might still look for a good entry in the near future as soon as the next draw down occurs.


For kjen17: Lots of crap products do push their marketing to sell as fast as possible and create hypes. As you might have noticed, there is no hype being created here nor do i have any interest in it (because that likely results in investors running too high risk settings). On the other hand i am sorry to tell you that the team is not going to be released in public. Part of the cooperation was, that they do not have to care about service and support for lower net worth clients. Usually clients have to throw at least $1m in the account from day 1, but it was my wish to give retailers the chance to participate and get access to this system. But you can be assured that i am here for you and that i will be here for you in the future as well. Hope this answer answers your question to your satisfaction.


Wish you all a nice weekend,

Bernd

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #23 on: October 11, 2014, 03:47:59 PM »
Another week has passed and the account is sitting at near its all time equity highs. EURUSD took the chance for a long awaited retracement. Wouldnt bet that this is the last move to higher prices before it hits new lows. Have to watch price action and next news coming in.


Wish you all a nice weekend  ;)

Offline forex4life

  • Full Member
  • ***
  • Posts: 290
Re: ASTA Signal Service
« Reply #24 on: October 12, 2014, 12:10:03 PM »
Hi.
Nice performance....
Can't wait you loose much or are in big DD to join.... :)
Joking :)

Offline Prof.

  • Jr. Member
  • **
  • Posts: 69
Re: ASTA Signal Service
« Reply #25 on: October 12, 2014, 05:44:32 PM »
Haha... next DD will come for sure  ;)

Happy to welcome you as an investor as soon as you are ready to jump in.


Cheers,

Prof   :)

Online nwboater

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 1657
Re: ASTA Signal Service
« Reply #26 on: October 12, 2014, 09:04:56 PM »
Hi.
Nice performance....
Can't wait you loose much or are in big DD to join.... :)
Joking :)

Okay, just wait for me to join. It's almost guaranteed that whatever I join it will soon go into big DD - even if it's done great for a year or two!

Maybe I could start some kind of service doing this. Might even make more money than I do in Forex!

Cheers,
Rod


Offline kmf

  • Full Member
  • ***
  • Posts: 391
Re: ASTA Signal Service
« Reply #27 on: October 12, 2014, 09:43:05 PM »

Okay, just wait for me to join. It's almost guaranteed that whatever I join it will soon go into big DD - even if it's done great for a year or two!

Maybe I could start some kind of service doing this. Might even make more money than I do in Forex!

Cheers,
Rod

I'm with you on that one Rod. Always seems to happen to me too  :(

Kevin

Online nwboater

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 1657
Re: ASTA Signal Service
« Reply #28 on: October 12, 2014, 09:53:37 PM »

Okay, just wait for me to join. It's almost guaranteed that whatever I join it will soon go into big DD - even if it's done great for a year or two!

Maybe I could start some kind of service doing this. Might even make more money than I do in Forex!

Cheers,
Rod

I'm with you on that one Rod. Always seems to happen to me too  :(

Kevin

I should add that by making that comment in this thread I meant absolutely nothing derogatory towards Asta. In fact I am very impressed with what we know of the Signal and  Berdt's pofessionalism.

Cheers,
Rod

Offline jubal

  • Hero Member
  • *****
  • Posts: 1706
Re: ASTA Signal Service
« Reply #29 on: October 12, 2014, 10:27:03 PM »
Haha... next DD will come for sure  ;)

Happy to welcome you as an investor as soon as you are ready to jump in.


Cheers,

Prof   :)

Links in signature not working
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

 

browse forum