PipsAndTips Day Trading Signals
ID number needed!
Hello PipsAndTips.
Please, post your RAS ID here, so we can see your trades activity, thanks!
ZioB
Hello PipsAndTips.
Please, post your RAS ID here, so we can see your trades activity, thanks!
ZioBHere we go...........
ID: 30789
Money Management Details
Hi again guys,
A few words about the money management strategy we use for trading our account.
We started off trading this account aggressively & since the exposure was high we managed to make more than 30% in only 2 weeks (see statement attached). As we started offering the signals through RAS we decided to switch to a different money management model designed not to maximize profits but to offer a balance of profits & risk acceptable to the majority of our investor clients.
Starting yesterday the standard lot size for a trade is 1 mini lot (0.1 SL = $10.000). Please adjust your multiplying factor according to this base lot. In any case we always recommend trading accounts as large as possible in equity with lots as small as possible (according of course to your risk appetite). This ensures your leverage stays safe. The more you boost your trading lot the more you can make but also the risk increases in proportion to your high leverage & if your lots are too large you may not be able to take all our trades because of margin limitations.
The model we propose is trading on a 1:1 REAL leverage (the size of the base lot is lower than our account balance) & boost whenever needed up to a 5:1 maximum leverage for one trade (max. position 0.5 SL = $50.000). The maximum lot size will be used typically for high probability trades or for quick 10-30 pips boosts according to certain criteria.
Since sometimes we need to boost certain trades up to 5 X the base lot we recommend you keep a safe money management & use a base lot smaller or at most equal to your account equity. Examples:
- for a $100.000 account or larger we recommend you use standard lots (1SL = $100.000). The multiplying factor (Buyer_lots_multiplier input in the RAS EA) = 10
- for a $10.000 account or larger we recommend you use mini lots (1SL = $10.000). The multiplying factor (Buyer_lots_multiplier input in the RAS EA) = 1
- for a $1.000 account or larger use micro lots (1SL = $1.000). The multiplying factor (Buyer_lots_multiplier input in the RAS EA) = 0.1
We recommend once you choose a lot size to stick to it in order to preserve the money management model. If you keep changing the lot size back and forth you may win a certain number of pips with a small lot & have a loss of the same number of pips with a much larger lot - this will overall put you at a loss even though normally you should be at break even. Of course you could just as well be winning but the problem is the results will be unpredictable & largely depending on chance. You don't want pure chance to interfere with your investment plan 
Also please make sure your broker allows splitting lots as we often take half off a winning trade & leave the rest running with SL @ BE. Soon we will eliminate that by simply opening 2 trades (cumulating the same lot size) & close each of them entirely.
If you have any questions regarding the above please let us know, we will try to discuss everything here in this thread.
Over the weekend we will post more details about our strategy as well for your reference. Stay safe & trade well! Also good luck if you're trading the NFP 
Our RAS ID = 30789
As Rippes mentioned already our RAS ID is 30789. thanks!
Hello PipsAndTips.
Please, post your RAS ID here, so we can see your trades activity, thanks!
ZioBLot Size Problems
Hi guys,
Recently we received a couple of e-mails complaining that our position sizing does not allow traders with small accounts to take advantage of our signals. Since the minimum multiplying factor on RAS is 1.0 no one can open a trade with less than 0.05 (5micros), our minimum lot size.
The problem for micro traders can easily solved by simple maths - if you're trading micros & we produce 700pips profit per month (like this April) you would not be able to cover the RAS signals fee from your profit (700 X $0.1 per pip = $70) - not to mention there may be less profitable months. 
On the other hand, traders who use minis (our base lot for the signals) are also having problems splitting the lot in 2 (we often take half position off with profit & leave a runner in the market). If the minimum allowed lot size for your broker is 1 mini lot, the orders to split a position of 1 mini in half, or to open a half lot trade (0.05SL) are either not executed or executed incorrectly.
One very simple solution to this issue is to have a multiplying factor of 2 for all trades, like this the minimum lot size becomes 1 mini (0.1SL) and ALL ORDERS AND TRADES will be executed according to our money management scheme. But the drawback is - the exposure grows with 100% & so do the profits AND the possible losses. As an investor you must be careful to protect your capital in case of drawdowns.
We already changed our money management scheme from 1SL as base lot to 0.1SL on April 1st when we joined RAS - we could change it again to either 2micros (0.02) or 2 minis (0.2), BUT this doesn't really solve the problem for the guys whose minimum lot is 1 mini. Regardless of how small our base lot is - they will still have to trade increments of 0.1SL, which will NOT allow splitting a mini lot in half. We think it's easier for each investor/trader to multiply this base lot according to his/her needs (at least traders trading minis with brokers allowing micros are free to duplicate exactly our MM scheme.
Obviously traders using standard lots will not have any problems setting up their lot size 
SOLUTIONS WE SEE:
1) Simply set your multiplying factor to 2 or multiple of 2 - this will ensure ALL positions & orders are executed exactly as we trade. The base lot becomes 2 minis, the minimum lot 1 mini. WARNING: your market exposure will grow dramatically, meaning that a 700 pips profit (like our April return) will yield you $1400, BUT a drawdown of 100 pips on our account will reflect as $-200 on your account. Do your math, make sure your account can sustain up to 1000 pips drawdown (we never had such a drawdown in balance OR equity - max DD since we started the service is 350 pips - but one can never be too careful). This warning doesn't mean we're not confident in our performance - it means we're realistic & ready for the worst, and so should you.
2) Trade with a broker which allows a minimum lot size of 0.05 SL. Alpari UK, TadawulFX, FXCM, IBFX & others allow such a lot on the micro accounts.
Please keep in mind our demonstrative account (a daily statement is updated on PipsAndTips.com every 15minutes of any trading session) is now approaching a balance/equity of $14.000. This is the recommended account size for our signals ($10k and above for a base lot of 0.1SL), allowing us to boost up to 5mini lots per trade without going into a drawdown of more than 5% of the account.
We recommend a base leverage of 1:1, then increasing leverage up to 5:1 as we boost trades (not every week we have boosts). This ensures control of your account & a maximum theoretical loss of 10% (which is still not a deathblow) while you grow your account 5-10% monthly, nice & smooth. Everything above that is possible (you can boost up to 10 times & risk 100% of account instead of 10%) but you are boosting your leverage at your own risk - make sure you fully understand it. We are running a professional service & have been in the market for 6 years - we understand it's our duty as professionals to disclose to all members & clients the risks associated to trading on FOREX.
For any questions regarding the lot size to use for the signal or the general money management for your account please reply to this thread, we'll be happy to assist. Good luck & happy trading!
Our Signals are Delivered through a LIVE Account
Hi guys,
Just a quick update - the model account we've been trading is moved to a live account (with TadawulFX) starting today. As a result we're hoping the signals will be delivered faster through the RAS EA and we will avoid inherent connection issues due to Alpari UK's poor demo account platform.
On the other hand, due to the new spreads we're trading on we will probably take less trades on pairs like GBPJPY & GBPCHF and focus more on other pairs with lower spreads. For the past 6 weeks we have been trading live our own signals on these 2 pairs on another proprietary platform with low spreads to reduce our costs. This does not mean we will not trade GBPJPY & GBPCHF at all.
The old account statement will be made available on our website (pipsandtips.com) and from now on we will start publishing statements from the live account instead, just like before.
Our apologies for the interruption of the service today resulting in 4 positions hanging in our RAS account. We could not re-gain access to the demo account we traded on to get them closed before we change the account, but since all 4 trades resulted in aprox. 200 pips profits our members who didn't receive our e-mail today probably had their limit levels reached, so either way the end result was OK
We believe this is a step forward towards a more professional service for all our members and we are happy to be trading alongside with you guys .
Important - members please read
For all our members,
Please subscribe to this thread in order to receive possibly important announcements we may send concerning the service. 
Also, please send an e-mail to mihai&pipsandtips.com so we would know your e-mail address and be able to notify you immediately of anything in case we need to. We will not use your e-mail for any other purpose.
Thanks!
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi & welcome to this thread dedicated to the PipsAndTips Proprietary Day Trading System!
Our signals are sent mainly during London & US sessions but also in Asian session for some pairs.
We aim for 30-100 pips per trade but sometimes depending on the market conditions we may take 10-20 pips as well.
The signals are NOT scalps - we rarely exit a trade in the first 5 minutes after the entry.
We are basing our trading decisions on S/R + trend analysis backed up by Eliott Waves & pull the trigger according to a proprietary technique on the M15-M30 charts.
Our entries are ENTIRELY MANUAL, we do not use any expert advisors at the moment.
More details on the strategy & how to use the signals coming up soon!