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Author Topic: Blackwave Pacific  (Read 624 times)

Offline 5ninefish

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Blackwave Pacific
« on: June 27, 2019, 06:02:56 PM »
After the debacle with OTB this week, I am now second guessing everything. I've been following this Blackwave Pacific signal without issue for a while, but it looks like I cannot trust my own judgement anymore. This guy seems to have been around for a couple of years, but now I'm wondering why nobody else has mentioned it yet. Or maybe they have, and I missed it. Either way, if anybody thinks I'm steaming towards another iceberg, I'd appreciate some thoughts.

https://www.myfxbook.com/en/members/Lazard/blackwave-pacific/1364641


Online Fastrack Forex

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Re: Blackwave Pacific
« Reply #1 on: June 28, 2019, 06:37:42 AM »
Grid will only work when the signal provider CUT when things go against them.

Higher the DD, harder to recover.

however this guy is a much better trader than outsidethebox HK by at least 100 times.

sidewalk-star

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Re: Blackwave Pacific
« Reply #2 on: June 28, 2019, 08:49:52 AM »
After the debacle with OTB this week, I am now second guessing everything. I've been following this Blackwave Pacific signal without issue for a while, but it looks like I cannot trust my own judgement anymore. This guy seems to have been around for a couple of years, but now I'm wondering why nobody else has mentioned it yet. Or maybe they have, and I missed it. Either way, if anybody thinks I'm steaming towards another iceberg, I'd appreciate some thoughts.

https://www.myfxbook.com/en/members/Lazard/blackwave-pacific/1364641

I have copied Gary Comey's Blackwave Australia / Alpine in the past on one of my personal accounts. He is one of the good guys and has a very good track record. He is also very communicative on social media.

He trades very much the same strategy that I trade, although I'm sure we both have a slightly different approach. We both use manual grid strategies but no Martingale... and certainly no silly lot sizing to try and recover when things go against us!
« Last Edit: June 28, 2019, 09:01:49 AM by Balanced FX Portfolios »

sidewalk-star

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Re: Blackwave Pacific
« Reply #3 on: June 28, 2019, 08:56:18 AM »
Grid will only work when the signal provider CUT when things go against them.

Higher the DD, harder to recover.

however this guy is a much better trader than outsidethebox HK by at least 100 times.

Absolutely agree, Blackwave California/Pacific/Alpine are arguably some of the best grid-based signals available. Gary has a good history of recovering from with drawdowns, as he is experiencing right now with GBPCHF.

I have no problem in admitting I learned quite a lot from him in terms of how to manage my own trading during drawdown periods.
« Last Edit: June 28, 2019, 10:45:31 AM by Balanced FX Portfolios »

Offline outsidetheboxhk

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Re: Blackwave Pacific
« Reply #4 on: June 28, 2019, 11:57:08 AM »
Yes I definitely admit this system is superior to my own, and I always hope to learn from others just as I know you do.
Kindly, notice that his drawdown has reached over 40% at least 3 times.  Hmmm.  And I just had a 60% loss after stellar returns for one whole year greater than that loss.  So what's the big difference?
He's got great stats, yes.  So I'd actually invest with him myself as long as the monthly fee is under $79.
But he also has prolonged periods of DD.
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Offline peeper

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Re: Blackwave Pacific
« Reply #5 on: September 19, 2019, 12:08:42 AM »
Hi everyone,
Has there ever been a partial closure on any of his trades before?
Thanks in advance.

 

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