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Author Topic: Outsidethebox HK Signals & PAMM funds  (Read 111031 times)

Offline groper

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #405 on: February 02, 2019, 06:59:33 AM »
Drawdown recovery proceeding nicely.
current open drawdown 28%

That trade was a mistake today - fat finger - but we were at strong resistance so I actually could have left it open, but had to be safe so I closed it at 1 pip loss.
First 25 lot trade I've ever made. 
So I then traded slightly higher at 3 lots to earn back the dollar amount for the 1 pip loss.  All in a day's work.

Your still not addressing the main issues here! look at your quote above ^^^ then your strategy description says max DD 15% - ususally less than 10%. Making false claims about how you manage risks and drawdowns leads to investors not being able to set their end correctly! This then leads to increased risk of margin call on investor accounts- dont you get that???

Here - ill do your job for you since you refuse to address how your going to manage things differently going forward.

1. You should remove all reference to drawdown percentage if your not going to cut bad trades and adhere to it!
2. You should remove all reference to stop loss pips if your going to ignore that too - "mental stop loss" is MISLEADING language!
3. You should not open more positions in a drawdown situation and attempt to trade your way out of it, compounding risks and leading to a 3rd blown up account - instead you will wait patiently for the bad positions to recover or let them stop out at the normal SL, then reassess the market before opening a new basket.
4. You will take a serious look at your rubbish grid EA, research how many blown up accounts its responsible for, and supervise it much more carefully - better still, get rid of it entirely.

The EA which resulted in the massive 14m loss of the australian trader which MCd in the flash crash - a grid EA like yours - the name of the EA is Cobra Adrenaline. Does this ring any bells?

Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #406 on: February 02, 2019, 07:48:59 AM »

Your still not addressing the main issues here! look at your quote above ^^^ then your strategy description says max DD 15% - ususally less than 10%. Making false claims about how you manage risks and drawdowns leads to investors not being able to set their end correctly! This then leads to increased risk of margin call on investor accounts- dont you get that???

Here - ill do your job for you since you refuse to address how your going to manage things differently going forward.

1. You should remove all reference to drawdown percentage if your not going to cut bad trades and adhere to it!
2. You should remove all reference to stop loss pips if your going to ignore that too - "mental stop loss" is MISLEADING language!
3. You should not open more positions in a drawdown situation and attempt to trade your way out of it, compounding risks and leading to a 3rd blown up account - instead you will wait patiently for the bad positions to recover or let them stop out at the normal SL, then reassess the market before opening a new basket.
4. You will take a serious look at your rubbish grid EA, research how many blown up accounts its responsible for, and supervise it much more carefully - better still, get rid of it entirely.

The EA which resulted in the massive 14m loss of the australian trader which MCd in the flash crash - a grid EA like yours - the name of the EA is Cobra Adrenaline. Does this ring any bells?


which strategy are you referring to, the one about 15% max drawdown?
That is the low risk one on ZuluTrade.

You also have been referring to the high risk strategy and bouncing back and forth talking about one or the other.  They are different animals all together, and yet YES I DO UNDERSTAND what you are saying is that YOU WANT SOME CONTROL and I ALSO WANT CONTROL over my trading and for trade copying basically I don't have all the control.  You want to do other things with your account.  You want to manage the risk.  And yet the very strategy that I have developed requires that I HAVE CONTROL OVER BOTH RISK AND STYLE -- NOT OTHER PEOPLE.  THIS IS THE RUB.

You want to pay me, but then micro-manage things at the same time!!
This does not work without a lot of communication and a lot of adhering to STRICT LINEAR rules.  That is not how I trade.  Therefore trade copiers with these needs SHOULD NOT COPY ME.

I do not "refuse to address how I'm going to manage things differently going forward" as you rashly conclude.
I AM TRYING TO REST ON MY WEEKEND AND PREPARE TO DO EXACTLY WHAT YOU ARE ASKING IF YOU WOULD CALM DOWN AND LEAVE ME ALONE SO THAT I CAN DO MY JOB WITHOUT YOUR CONSTANT IRRITATION AND MICRO-MANAGEMENT.

Freedom is trading.  Freedom from having to listen to bosses exactly like you - who want to control me and tell me how to do my job.  you invested with me and then you want to tell me how to trade and do everything better!!!
TRADE FOR YOURSELF THEN AND SHOW ME THE RESULTS LATER as I'd love to see how you do when you FOLLOW ALL YOUR OWN RULES EXACTLY LIKE YOU ARE TELLING ME TO DO AND THEN HOLDING MY FEET TO THE FIRE INSTEAD OF ACCEPTING RESPONSIBILITY FOR YOUR OWN INVESTMENTS AND WHAT YOU CHOSE TO DO.

For the last time I DO NOT USE an EA!!
I am a 100% discretionary manual trader.
Ask anyone who knows me.  Goodbye.  End your fables.
« Last Edit: February 02, 2019, 07:58:59 AM by outsidetheboxhk »
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Online alaali

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #407 on: February 02, 2019, 08:15:38 AM »
I think we all need to focus on what is important. Yes the high risk account blown up and this should be a lesson for who want to follow a signal like OTB. Pointing fingers will not do any good to anyone.

I learned my lesson and I moved on with this loss. The good things is that I diversity my investment.

Good luck to all of us.


Offline groper

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #408 on: February 02, 2019, 08:31:27 AM »
Greg, I dont know which one of your accounts is the zulu account - but from this attached screen shot of all your accounts on myfxbook, none of them except the axiselect one has a max DD below 15% and looking at the trades- the axiselect account is trading at half the lot size of the zulu account and has about half the profit also.
So your still above the 15% you set out in your strategy description unless the account is twice the size of the axiselect one. Your stop loss is also nearly double what you stipulated in your strategy description based on 1 of the stopped trades at -251 pips.

Dont you see the issue here? If your not accurate in your description and stick to it - how can investors manage their risk of following correctly?
They cant because they have no idea where the trades will stop out or how much drawdown there will be. This is the crux of the problem and is exactly why so many lost so much money copying your signal!

Now with the high risk signals - well you had full control of those - not zulu investors - and youve blown 2 accounts managing that all on your own - you cant blame investors for that and still have not offered an explaination of what you will do differently going forward to those people.

You say your not trading with an EA - you must be superman because you have positions opening at all hours of the night and day - you must never sleep... highly suspect.

The style or behavior is another point that i dont agree with - but thats largely irrelevant and subjective so ill leave that alone.




« Last Edit: February 02, 2019, 09:04:57 AM by groper »

Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #409 on: February 02, 2019, 10:40:37 AM »
Greg, I dont know which one of your accounts is the zulu account - but from this attached screen shot of all your accounts on myfxbook, none of them except the axiselect one has a max DD below 15% and looking at the trades- the axiselect account is trading at half the lot size of the zulu account and has about half the profit also.
So your still above the 15% you set out in your strategy description unless the account is twice the size of the axiselect one. Your stop loss is also nearly double what you stipulated in your strategy description based on 1 of the stopped trades at -251 pips.

Dont you see the issue here? If your not accurate in your description and stick to it - how can investors manage their risk of following correctly?
They cant because they have no idea where the trades will stop out or how much drawdown there will be. This is the crux of the problem and is exactly why so many lost so much money copying your signal!

Now with the high risk signals - well you had full control of those - not zulu investors - and youve blown 2 accounts managing that all on your own - you cant blame investors for that and still have not offered an explaination of what you will do differently going forward to those people.

You say your not trading with an EA - you must be superman because you have positions opening at all hours of the night and day - you must never sleep... highly suspect.

The style or behavior is another point that i dont agree with - but thats largely irrelevant and subjective so ill leave that alone.

Zulu trade strategy description... WHICH i HAVE NO IDEA WHY YOU ARE READING THAT DESCRIPTION AND THEN APPLYING THAT GUIDELINE TO ALL MY OTHER STRATEGIES --- but whatever now I know now that you are just here to act bothersome and continue to point out things to the public that you don't like.

Here is the drawdown chart for the Mt Cook -- Zulutrade --- low risk strategy.... and once I had taken more risk in the beginning of my trade journey to multiply my capital aggressively -- I had to allow for greater drawdown in this beginning phase.  That's why I know this system (also explained by Edward Thorp in his excellent books about the Kelly Investment Criterion) has worked in the past --- and it has been my latest objective to apply this same mathematics and statistics to one of high risk... but this has been more challenging than with one of lower risk, for obvious reasons.

I then dialed down my risk after a certain point of proving myself, capturing trading capital, as I didn't need to capture so much profit for my investors who had invested with me hoping for only 5% per month instead of more.  That is why you can see on the chart the change.  This is what I have achieved on the longest track record for 24 months, the one most investors are enjoying for profit sharing or trade copying.

And just by the way, people like you; who go around bullying others into doing what they want, no matter what they have to do.... ruin it for everyone else who acts decently and respects me for what I do.  I don't want to help you.  No way.  And I will not.  You made your own foolish mistakes and you can dig yourself out.  I will help people who are decent and good natured and who acknowledge that regardless of what losses have occurred it is not my obligation to dig you out.  This is not anywhere in the agreement between copy providers and their investors.  What is written though are a lot of warnings about high risk and how to manage your risk of your own account.

Quote
u must be superman because you have positions opening at all hours of the night and day - you must never sleep... highly suspect.

I have pushed myself in tremendously inhuman ways because I promised myself I would gain profitability for my 4 kids that I have been fighting for in family court for 4.5 years.  Yes I wake up some nights 5 times, I go to bed at 3am many nights after the US session is over, I plan during Asian session, and I trade with swollen feet the rest of the day.  I have gone from no job, no money, and no house in 2 years to earning $40,000 usd last month.

« Last Edit: February 02, 2019, 10:51:00 AM by outsidetheboxhk »
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Offline groper

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #410 on: February 02, 2019, 11:28:27 AM »

Zulu trade strategy description... WHICH i HAVE NO IDEA WHY YOU ARE READING THAT DESCRIPTION AND THEN APPLYING THAT GUIDELINE TO ALL MY OTHER STRATEGIES --- but whatever now I know now that you are just here to act bothersome and continue to point out things to the public that you don't like.

I have not applied that description to your other accounts! i just read the description and looked at the drawdown chart of nearly 30% - only now in your previous post have you offered an explanation as to why its been this high in the past!
Quote

And just by the way, people like you; who go around bullying others into doing what they want, no matter what they have to do.... ruin it for everyone else who acts decently and respects me for what I do.  I don't want to help you.  No way.  And I will not.  You made your own foolish mistakes and you can dig yourself out.  I will help people who are decent and good natured and who acknowledge that regardless of what losses have occurred it is not my obligation to dig you out.  This is not anywhere in the agreement between copy providers and their investors.  What is written though are a lot of warnings about high risk and how to manage your risk of your own account.

Im not a bully, but rather a shrewd investor that knows how to spot a dodgy signal when i see one. Your perfectly happy going around spruiking your signals all over the net - but as soon as someone calls you out for not only blowing 2 high risk accounts, failing to adhere to your stated stop losses or attempting to clarify stated drawdown management on your low risk account - you cry innocent, call me nasty and foolish and get all personal about it!

Its perfectly OK Greg - i do not need your help, my account is doing just fine since i cut my losses and stopped following your horrendous "low risk" signal  :) ;
« Last Edit: February 02, 2019, 11:30:45 AM by groper »

Online Humble Trader's Fx

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #411 on: February 02, 2019, 11:33:36 AM »
I think we all need to focus on what is important. Yes the high risk account blown up and this should be a lesson for who want to follow a signal like OTB. Pointing fingers will not do any good to anyone.

I learned my lesson and I moved on with this loss. The good things is that I diversity my investment.

Good luck to all of us.

alaali, I could not agree more. In my 14 years in forex,  have seen many accounts blown up by very skilled traders and I have blown up some myself, sometimes having little to do with me but the technology; anything from a weekend gap to a server crash to a pending order which somehow got forgotten during a high impact news report. Risk is inherent in Forex trading and anyone coming to this neck of the woods should have a personality check as to why they are in this sphere of investments.

The one thing I must note here which stands out unlike other cases I have seen, Greg has hung on trying to answer all our questions as best he can and under the most difficult circumstance, unlike other traders, who after having their account blown, simply move on under the darkness of anonymity and start anew, days later, enticing the multitude of online investors, looking for the next thrill.

I think as you say, move on and I would ask Greg to do likewise. I think this discussion is over. Let's end this and give a few days in this weekend too cool down and rest and reflect.


Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.


Offline jwatts7701

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #412 on: February 05, 2019, 06:24:27 PM »
I very much agree with all you have stated Humble. I really appreciate the transparency Greg puts out there, as he is really setting the stage nicely for other managers by doing so. But, we can all see, that the forums are going to drive this guy insane at some point >> probably every time there is a drawdown. It seems to be a reoccuring pattern. In times of profit. Everyone is cool. In times of drawdowns the trolls come out of the shadows and look for any reason possible to worsen an already tough situation. Those are the times that probably a manual trader needs more focus, attention, support, and clear mind for analysis than any other times. I guess that might be the way it will always be.

Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #413 on: February 06, 2019, 03:26:00 AM »
2019 Performance for low risk strategy: 2.06%
2019 Performance for medium risk strategy: 3.17% (This new signal will be released on SimpleTrader this week)


** Three high risk signals are still open, and one has closed. You can view these at MyFXBook, MQL5, HotForex Copy and SignalStart. One will be released here at SimpleTrader next week.

I know my true potential and what I'm capable of. Not giving up forex world, keep testing me, keep knocking me down. What you'll find is that I keep getting back up, despite a bloody nose, despite the sweat and tears. I will never settle for average, I'm going for greatness. Bring it on!

I will be limiting my public interaction and direct messaging from this point forwards.
Markets fluctuate and for this reason risk management, a trade plan with a consistent edge, and a patient, disciplined, emotional/psychological self regulation is paramount.


Due to recent high risk "temporary troubles" I have learned that it is no longer necessary for me to be so accessible, open, and giving with my analysis, assurances, and plans.
I will continue to make monthly updates, and I will contribute more of my time and public engagement in trading discussions with other positive-minded and encouraging professionals, as I see this is more conducive to my long-term success and vitality. I have enough online exposure, a growing number of large investors, and later this year this will eventually mean closing down my low, medium, and high risk trade copying signals to protect my private activity on behalf of clients in my funds at Darwinex, Mt Cook, and AxiSelect.

« Last Edit: February 06, 2019, 03:43:44 AM by outsidetheboxhk »
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Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #414 on: February 06, 2019, 06:10:24 AM »
coming soon. this week or next.

High Risk re-vamp at SimpleTrader..... New high risk signal

Medium Risk at SimpleTrader..... new medium risk trade copying signal
« Last Edit: February 06, 2019, 06:40:19 AM by outsidetheboxhk »
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Offline taru

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #415 on: February 06, 2019, 06:29:27 AM »
Hi Greg,

Thanks for the info and heads up. The link to the Medium Risk strat has typos in it and the correct link is https://www.simpletrader.net/signal/10702/Outside-the-Box-Medium-Risk.html.

Thanks.

Offline Nasdaq100

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #416 on: February 06, 2019, 08:23:40 AM »
2019 Performance for low risk strategy: 2.06%
2019 Performance for medium risk strategy: 3.17% (This new signal will be released on SimpleTrader this week)





Greg, you have no idea what you are doing and one day the laws of the universe will take their course and you will crash. You simple just can't stay so lucky for so long.

Your strategy is a pure hold and pray mixed with martingale. No science behind that and only beginners will invest in you.

Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #417 on: February 06, 2019, 08:45:57 AM »

Greg, you have no idea what you are doing and one day the laws of the universe will take their course and you will crash. You simple just can't stay so lucky for so long.

Your strategy is a pure hold and pray mixed with martingale. No science behind that and only beginners will invest in you.

You are entitled to your opinion.
The "laws of the universe" are subject to a loving, all powerful God, and he has given me the power to generate wealth, wisdom, discipline, and skill.  So what you say makes no sense at all to me or to my many satisfied clients.
On Darwinex I've won 3 straight trading competitions. And have $200,000 AuM.
On AxiSelect the CEO is multiplying my capital 5x this next week as I have reached thru 3 stages to be "pro" on their platform.
On Mt Cook I just got whale investor from Dubai of $100,000
On ZuluTrade I have $500,000 following my strategy.

how about you, Mr 377 posts on his forum?
what track record do you have to show for your expertise?  with what growth?  what max risk to average profit ratio?
what assets are you managing?  And how much?
My total funds I am managing directly is about $800,000 and if you included copy trading funds, it could be around 2 million or more. Not bad for 2 years of executing my strategies.
« Last Edit: February 06, 2019, 11:54:37 AM by outsidetheboxhk »
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Offline Nasdaq100

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #418 on: February 06, 2019, 10:52:55 AM »
Greg, this has nothing to do with how many suckers have invested in you.

Your system is a hold and pray, your recovery method relies heavily on martingaling within the same bad trade set-up.

The universe abides by mathematics and the law of probabilities. So the probability for you to survive is literally a one out of a billion. Or shall I say impossible? 

Bottom line: You don't know how to trade Greg. You might fool those who know nothing about investing in Forex. But anyone with the slightest experience in this market will never be fooled by you. Your trading system is a classic text book time bomb.

Offline outsidetheboxhk

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Re: Outsidethebox HK Signals & PAMM funds
« Reply #419 on: February 06, 2019, 11:27:31 AM »
Greg, this has nothing to do with how many suckers have invested in you.

Your system is a hold and pray, your recovery method relies heavily on martingaling within the same bad trade set-up.

The universe abides by mathematics and the law of probabilities. So the probability for you to survive is literally a one out of a billion. Or shall I say impossible? 

Bottom line: You don't know how to trade Greg. You might fool those who know nothing about investing in Forex. But anyone with the slightest experience in this market will never be fooled by you. Your trading system is a classic text book time bomb.

bottom line:  this is your opinion and you have chosen to communicate it on a public forum in a disgraceful and rude way. Your abusive and harassing comments have been reported to the moderator.  You can go somewhere else if you don't like my profitable, consistent, reliable strategy of 24 months.  Don't waste my time or the time of others who do want to make money following this strategy.
« Last Edit: February 06, 2019, 01:54:20 PM by outsidetheboxhk »
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DARWINEX
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SignalStart
SimpleTrader
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----------------------------------------------------
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