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I have recently subscribed to the TriggerFX signal. So far I am quite impressed with the results. I am a bit concerned about RAS EA delays and hope to eventually get it sorted out.
What sessions are traded with the TriggerFX systems (Asian, London, US)? This information will help me to determine during which times my MT4 and EA must be online.
Thank you for sharing your systems as I have almost given up on Forex trading.
Thank you for the information supplied. Can you perhaps share the names of one or two reputable VPS providers that you have had positive feedback on? Before I lock myself into a service provider I would like to know if they are reputable and will address my current latency issue. I am sure there are many out there but who are the ones worth dealing with.
Thank you for the information supplied. Can you perhaps share the names of one or two reputable VPS providers that you have had positive feedback on? Before I lock myself into a service provider I would like to know if they are reputable and will address my current latency issue. I am sure there are many out there but who are the ones worth dealing with.
Hi Janus,
I recently subscribed to TriggerFX and am quite impressed with the results so far. Unlike many signal providers in RAS, your drawdown is the bare minimum.
Question 1: I saw in your statistics page(TriggerFX), that you can open 16 positions at a time. Is this true?
I see that you open around 5 positions most of the time. I would like to limit my exposure to maximum 5 positons at a given time. Is this possible in RAS?
Question2: The new NFA Compliance Rule 2-43, says that positions must be closed FIFO, that is the first position which is opened should be closed first. How do you plan to tackle this?
1.TriggerFx can open several positions, if there is a large move in EUR-USD(200pips or more)
2.This happens every few weeks, but the account is protected by an equity stop of 50-60% of acrued profits.
This is important to know, if you just start trading the system, because this will expose your equity, since you will have no or less profits than the actual system.
I do adjust this figure in my monthly trading plan!
Therefore it is under no circumstances suggested to limit the number of total positions, because you actually change the trading rules to the worse.
3.Several brokers have already provided smart solutions about the FIFO rule, which would not make changes to current TriggerFX setup necessary.
Since the rule is only applicable for same size positions in the same pair, the change of lotsize will easily solve the problem.
I will decide, if i change RAS 515 or simply create a new RAS ID for TriggerFX FIFO
Janus
Please note that i am a professional trader for almost 30 years and my systems are not on RAS for "fun" or "hobby" purposes.
My systems are on RAS, because many members of other forums have asked me to publish my systems ever since they follow my trading and advice.
Last edited by JanusTrading; 07-09-2009 at 03:35 AM.
I have been running Trigger FX live and I am very happy with the results, will try another one of your systems later this month.
As a newbie to Trading Systems I am keen to learn more, is there another forum where you share your ideas on Trading Systems? I am not after specifics of your systems just want to learn more of the general principals.
1.TriggerFx can open several positions, if there is a large move in EUR-USD(200pips or more)
2.This happens every few weeks, but the account is protected by an equity stop of 50-60% of acrued profits.
This is important to know, if you just start trading the system, because this will expose your equity, since you will have no or less profits than the actual system.
I do adjust this figure in my monthly trading plan!
Therefore it is under no circumstances suggested to limit the number of total positions, because you actually change the trading rules to the worse.
3.Several brokers have already provided smart solutions about the FIFO rule, which would not make changes to current TriggerFX setup necessary.
Since the rule is only applicable for same size positions in the same pair, the change of lotsize will easily solve the problem.
I will decide, if i change RAS 515 or simply create a new RAS ID for TriggerFX FIFO
Janus
Please note that i am a professional trader for almost 30 years and my systems are not on RAS for "fun" or "hobby" purposes.
My systems are on RAS, because many members of other forums have asked me to publish my systems ever since they follow my trading and advice.
Dear Janus,
I really appreciate your systems on RAS.
Regards.