Maximiano Bungalan Jr
Maximiano Bungalan Jr
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ForexTrader/Freelance Programmer(Mql4/5, Python) at Online
Hello! You can call me "Bong" - It's my nick-name. I've been trading since 2010

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FOR SUBSCRIBERS & THOSE WHO ARE INTERESTED TO SUBSCRIBE
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Before subscribing to my signals, please reach out to me for clarification and guidance. I wish to brief you as to the correct settings of your trading account for your protection and for the optimum benefit and for the safety of your trading capital.

My main concern is to give you full information about PilTraderSignal so that you can come up with an informed decision in copying this signal.

Happy Trading!
Bong
Website: https://www.pinoyfxtrader.com/
Twitter: @pilTrader
myFxBook: https://www.myfxbook dotcom/members/pilTrader
For other ways like MAM, or Profit-Sharing arrangement - contact me.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Copy Trading Available Now - ping me for further information.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Changes in how #PilTraderSignal trades:
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This SIGNAL shall be trading up to Fridays starting today.

UPDATE on MAM:
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Multiple Account Management's profit share is set at zero % for the first 10 slots: 5 are already filled - funded = 1, Ongoing application process = 4, vacant slots: 5.

Contact us for inquiries and further information.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
We call this our week #PilTraderSignal - looking forward to the same good week by Monday. To subscribe, please reach out to me first, and let's discuss your best option for optimal trade execution and minimal slippage.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
#PilTraderSignal now has MAM.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Well, I guess this we call "WEEK". We are still on the downside by -$1.73 for the month. Three(3) weeks to go until we can say Our MONTH.

Keep in mind not to get lost with our risk and money management.

If you're concerned about your trading bottom-line in the long term's perspective, give up aspiring high percentage statistics of profitable trades over widening your risk factor.

As to the overall health of #PilTraderSignal, its evaluation, and analysis of its historical results and trade statistics is continual and there must be adjustments to the trade parameters, etc... whenever I see it deems necessary.

To My subscribers (current and future) Your success is my success!
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Another week to trade. In the last few weeks were lousy - we incurred a drawdown and our June's return shrunk down to 7% and our July (manual trading - N0Non-SenseTrading) got a nasty 4% drawdown. However, for PiltraderSignal, (shout out to my subscriber from Japan) - please note to stick with our risk management: do not increase your lot size and do not use any size multiplier and the likes. Remember - the hard truth in this business is anything can happen. ALthough our objective is to limit the risk as much as possible and we know well our edge - i.e. we pre-defined the risk/reward upon every trade execution, still - we do not know (no-one knows) when shall be the definite time or trade that the system will give us our expected profitable trade which is at least 60%.

Let's see what the market has prepared for us this week.
Maximiano Bungalan Jr
Maximiano Bungalan Jr 2020.07.06
Seemed the week is just like the last week. It's already Monday, 10am in New York but no trade-able signal being posted so far.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Update and a reminder of #PilTraderSignal trading activity:

This System only trades on Mondays, Tuesdays, and on most Wednesdays. No more trades after Wednesday.

Also, please do not copy my trade size - set it as in proportion or if your account is less than 500USD, set it at minimum 0.01 lot size.

As much as possible, use the same broker where my EA is running at https://tinyurl.com/fpmarkets-piltrafder for improved execution and minimize slippage and missing out some trades due to different account types.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
I'm so happy and blessed - my heart is jumping for joy and in gratitude for #PilTraderSignal finally got its FIRST ever subscriber from Japan.
Thank you very much. どうもありがとうございました

Dōmo arigatōgozaimashita
Maximiano Bungalan Jr
Maximiano Bungalan Jr 2020.06.23
Whoever you are, I just wanna be sure that you have appropriately set and configured your subscription to copy the trades in proportion to my trades to both protect your trading capital and maximize the potential. In other words, I hope you are not setting a fixed lot size of 1.0 for an account under $500.00 or setting the lot size @ 0.01 for a $10,000.00.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Subscribe to PilTraderSignal for a long term stable returns. No fuss, no BS strategy that looks good on the Outside but risky on the inside.

A strategy that protects your capital for unexpected market conditions because the risk factor is already been defined and pre-determined before each and every trade - it's no more than 3% of your trading equity.

With Risk reward of 1:1.33 and at 55% profitability, the fund now has 35% total return within 6 weeks.

Last May 2020, this signal's realized profit was 23+%.

Surely, this strategy cannot double your money within 2 months or within 6 months, but one thing I can be assured of, your account will not be in a hot zone of being near to "margin call" if you just do a correct proportion setting to my trades.

https://www.mql5.com/en/signals/753525
Maximiano Bungalan Jr
Maximiano Bungalan Jr
The ACTUAL Risk / Reward ratio is an important indicator for assessing Trade Signal Health as well as for the safety of your trading capital as Signal Copier.

This is far more important than Profit/Loss ratio because failing to assess Risk Reward ratio means you are endangering your trading capital.

To put this into a perspective - a 90:10 profit: loss ratio is pretty attractive to copy since it shows to us a smooth graph of a steady - consistent profit in every trade. However, if the risk/reward ratio (actual) of a signal is actually 3:1 or higher, like having a TP of 10 pips and an SL of 100pips - COPYING it puts your trading capital as a whole into a hot zone.

This type of trading style is the culprit of why a common traders' equity curve of a "steady ascend curve" for a little while and then with a few drastic drawdowns and wipe out a trading account.
Maximiano Bungalan Jr
Maximiano Bungalan Jr
We are almost in the middle of the month but we just hit the "Minimum Monthly Profit" goal for the month.


One of the safety measures of my trading account is to stay away from trading if the maximum losses have been reached or the minimum profit has been achieved on a weekly basis. To date, this account has reached an aggregate return of around 94% since its conception. https://www.mql5.com/en/signals/754754
Maximiano Bungalan Jr
Maximiano Bungalan Jr
Another safety precaution for my TradingSignal is the Weekly Limits.
If #PilTraderSignal has achieved the target profit for the week or the maximum drawdown has been reached, The Algorithm that executes the trades stops trading for that week. Check it here at http colon //www dot myfxbook dot com/members/pilTrader/piltradersignal/5714133 for more information.
Maximiano Bungalan Jr
Maximiano Bungalan Jr 2020.05.20
Hahaha - no myfxbook link?
Maximiano Bungalan Jr
Registered at MQL5.community