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Author Topic: Archer Asset Management  (Read 5028 times)

Offline TR4DEX

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Re: Archer Asset Management
« Reply #105 on: July 19, 2019, 08:39:38 PM »
Lol I hope your comment was meant as a joke. Thanks for the laugh anyway.

What you're saying is similar to 'steve jobs chose the name apple because the apple is his favourite fruit'

Of course not! There are many reasons behind name selection   :o

Maybe they like the band?


Online Archer Asset Management

  • DonbonsPrivateGroup
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Re: Archer Asset Management
« Reply #106 on: July 21, 2019, 05:40:43 PM »
Thank you for your trust!

Sent from my ONEPLUS A3010 using Tapatalk

Money Manager:
www.archerassetmanagement.com

Signalstart:
https://www.signalstart.com/analysis/archer-asset-management/60897

Simpletrader:
https://www.simpletrader.net/signal/11272/Archer-Asset-Management.html

Longasia MAMM Registration:
https://trader.longasiafx.com/login?iid=n9NA42z3&uid=627&pid=043Z

Broker:
Long Asia Group operates through the following subsidiaries:

Long Asia Group NZ Limited (NZBN: 9429030748231) holds FSP241165 licence

A Long Asia Liquidity holds Indonesia ICDX brokerage membership licence:188/SPKB/ICDX/DIR/VIII/2018.

A Long Asia Liquidity holds Indonesia Clearing House ICH clearing membership licence: 165/SPKK/ICH-ALLL/VIII/2018

Long Asia Global LTD (Cyprus) is located at Acropoleos Avenue No. 74, Apt. 18, Nicosia, Cyprus

Offline HFT Group

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Re: Archer Asset Management
« Reply #107 on: July 21, 2019, 11:01:37 PM »
Update:
Signalstart and Simpletrader prices reduced to 68usd as per DF members' advice  :)

Yes we have IB and MAMM performance fee arrangements with Longasia

So you receive IB commissions in addition to performance fees from your MAMM clients?

To be straightforward and transparent, yes we do.

We only opted for min commission of 1 usd per 1 full lot (you can verify with Longasia) and MAMM performance fee of 30% on high water mark (stated on website)

Staightforward and transparent means being upfront about this fact when promoting your MAMM sevices. Not waiting until you are asked.

Online Archer Asset Management

  • DonbonsPrivateGroup
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Re: Archer Asset Management
« Reply #108 on: July 22, 2019, 06:59:36 AM »
Transparent also means full disclosure to questions asked, which we did unreservedly.

It is human error to forget to explain everything 100% beforehand.



Sent from my ONEPLUS A3010 using Tapatalk

Money Manager:
www.archerassetmanagement.com

Signalstart:
https://www.signalstart.com/analysis/archer-asset-management/60897

Simpletrader:
https://www.simpletrader.net/signal/11272/Archer-Asset-Management.html

Longasia MAMM Registration:
https://trader.longasiafx.com/login?iid=n9NA42z3&uid=627&pid=043Z

Broker:
Long Asia Group operates through the following subsidiaries:

Long Asia Group NZ Limited (NZBN: 9429030748231) holds FSP241165 licence

A Long Asia Liquidity holds Indonesia ICDX brokerage membership licence:188/SPKB/ICDX/DIR/VIII/2018.

A Long Asia Liquidity holds Indonesia Clearing House ICH clearing membership licence: 165/SPKK/ICH-ALLL/VIII/2018

Long Asia Global LTD (Cyprus) is located at Acropoleos Avenue No. 74, Apt. 18, Nicosia, Cyprus

Offline HFT Group

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Re: Archer Asset Management
« Reply #109 on: July 22, 2019, 07:19:17 AM »
Transparent also means full disclosure to questions asked, which we did unreservedly.

It is human error to forget to explain everything 100% beforehand.



Sent from my ONEPLUS A3010 using Tapatalk

Understandable but full disclosure is better at the outset ;)

Online FLechdrop

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Re: Archer Asset Management
« Reply #110 on: July 24, 2019, 02:48:35 PM »
OK, so looking at myfxbook or any of the others... Something seems to have gone wrong yesterday?

https://www.myfxbook.com/members/ghimyang/archer-asset-management/3388572

Offline Westie

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Re: Archer Asset Management
« Reply #111 on: July 24, 2019, 03:44:12 PM »
Hmm, Odd. The other links like simpletrader show the same thing too.

Man that must be tough on the guy who subbed just a few posts back  :o
« Last Edit: July 24, 2019, 03:45:54 PM by gpfwestie »

Online reinerh

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Re: Archer Asset Management
« Reply #112 on: July 24, 2019, 04:54:35 PM »

this makes no sense anymore. with so much money going in and now gone out the statistics become unreadable.

since its sure not a 44% loss as it shows. thats just utter confusing now looking at the master.


Offline compujock

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Re: Archer Asset Management
« Reply #113 on: July 24, 2019, 05:12:52 PM »

this makes no sense anymore. with so much money going in and now gone out the statistics become unreadable.

since its sure not a 44% loss as it shows. thats just utter confusing now looking at the master.

My guess is the MyFxBook stat is the correct one.  13.45% drawdown.   Or was the Simpletrader one at much higher risk?

Online Nasdaq100

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Re: Archer Asset Management
« Reply #114 on: July 24, 2019, 05:38:43 PM »
Myfxbook is showing a -10% loss now. So my guess it was a calculation error.

Online reinerh

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Re: Archer Asset Management
« Reply #115 on: July 24, 2019, 05:53:16 PM »

this makes no sense anymore. with so much money going in and now gone out the statistics become unreadable.

since its sure not a 44% loss as it shows. thats just utter confusing now looking at the master.

My guess is the MyFxBook stat is the correct one.  13.45% drawdown.   Or was the Simpletrader one at much higher risk?

yes i think myfxbook is about right, but simpletrader sure is not at over 40% dd.

but why not keep the deposit steady for correct statistics. showing a 40% dd sure will not help getting subscribers.

Offline SJWkiller

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Re: Archer Asset Management
« Reply #116 on: July 24, 2019, 05:57:49 PM »
Of course this was going to happen. Thats why they didnt want to show any track record and made silly excuses for it. I am also 100% certain now that this is actually a demo account. With these unregulated brokers its easy to show a demo account as a real account, especially if you make a deal with the broker.



Online Nasdaq100

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Re: Archer Asset Management
« Reply #117 on: July 25, 2019, 04:11:50 AM »
Thank you for your trust!

Sent from my ONEPLUS A3010 using Tapatalk

May I ask how you were able to list your self on simple trader since they require a minimum of 6 months track record and yours is only 1 month?

Thank you

Offline petersurrey

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Re: Archer Asset Management
« Reply #118 on: July 25, 2019, 04:24:55 AM »
Everything in their short track record points to disaster >600 trades :o average expectancy 0.5 pip, lot sizes all over the place, awful R:R, 14 trading pairs out of total making a loss, commissions outrageous! That's all before the closed losses... but I guess the IB rebates are great ::)
« Last Edit: July 25, 2019, 04:26:34 AM by petersurrey »

Offline Fastrack Forex

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Re: Archer Asset Management
« Reply #119 on: July 25, 2019, 05:20:39 AM »
Taken from this article.

https://www.forexsignals.com/blog/2018/01/how-to-start-your-own-forex-managed-account/

Rebate! You earn a slice of the spread every time you open and close a trade.

Its actually a disincentive to trade responsibly, because it encourages overtrading and excessive risk-taking in favour of long-term performance.

Never a good idea for pamm trader to take commissions in the form of rebate by how much they trade!


 

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