The numbers look good (except Sharpe ratio of 0.19) but...the trading style doesn't seem to be constant. The trader lost a big position this month and most positions after were left longer open. The trading strategy changed in comparison to last month. Many positions were close in pairs which indicates attempts to stay positive without always giving the feeling that he knew were he was heading in the first place. Probably it is money management a priority but there has to be a clear strategy in the first place... If I was better I would trade myself but I am leaving this signal for the moment and will be watching closely. I did make some profit in the end
oh wow, what's happened? why so many trades & a serial of bad trades with huge stoploss.
The drawdown is huge. big stoploss - small profit & If all of those stoploss hit, it can be a big loss. currently losss 6% and drawdown of 10%
19/10 update: i stopped following this signal & unsubcription, This is a good signal but stoploss is too large & profit is small which R:R ratio is not match. Too many trades and high drawdown.
The trader using mean reversal which is a minus for me, i am trend follower trader with Supply & Demand so this is not suitable for me.
Минусы: большой размер стопа и взятие маленькой прибыли; единовременное закрытие позиций на разных инструментах говорит о том, что эти позиции связаны одной идеей, хотя автор утверждает, что хеджирование не использует.
Пересидка - не лучший спутник трейдера, однако почти год прибыльной торговли заставляют верить в надежность найденной автором закономерности. Прибыль от 1к баланса еле-еле покрыла стоимость подписки. Следующий месяц пропущу и понаблюдаю.
118
Shashank Rai
2023.09.02 06:45
(変更された2023.09.02 06:55) #
Vytautas Paliokas is an excellent signal provider! I am enjoying his signals a lot. He is trading higher time-frames, so you need to make sure your account has the best conditions like swap-free etc. because trades may be held through rollover period. I can tell he is not doing random trading, there is a method to his madness and madness to his method :). His risk management and position sizing is also excellent! If you are looking to subscribe to this signal, based on what I have seen so far, you can expect about $5 in drawdown per 0.01 lots he trades. For example, if he is trading 0.04 lot, you may be in $20 - $25 in drawdown for a short period of time. That is the worst case scenario. Majority of trades are a lot lower in DD, most move instantly in your favor. Also, please be kind to the provider during periods where he is not trading. Because this is a manual strategy and because Vytautas has well defined conditions for when his strategy works and when it doesn't, sometimes there may not be a trade for the whole week. Do not be impatient and do not panic. Once the conditions are aligned with his strategy, you will make back all your investment into the signal and a lot more!
Also, for those worried about SL and TP placement - don't worry. If you know a little market structure, pull up the chart when the trade is placed on 4H and Daily Chart. You will understand why the stop is where it is. Trust Vytautas in placing the stop where it allows his position to absorb any short-term volatility and gives his trade the most chance of success long-term.
Some positions, like the one opened on 30.8.2023 on GBPCHF carry a big swap and should be avoided because they turn into losses even when the position is closed with gains after a few days. Hope these positions will not be carried for many days.
There may be a pattern of bringing positions in loss into the new month, and/or having a bad start, but so far the recoveries have been consistent. Sometimes the market just changes and such bad streaks of losses must be accepted.
For me it is okay to have a streak of losses, provided the trading is consistent (always following the same tested method) and the stop loss of each trade is always respected.
It maybe better to copy the signal at 80% or less and then increase to 95% or less when drawdown exceeds 5% (just an idea).
Sometimes the trades/trader are not aligned with price but if I understand well from the analysis of trades, this is a a mean reversion system and sometimes the market does not revert (often in forex and you cannot win them all), and that's okay and understandable. Please correct me if I am wrong. This is okay when risk is properly managed, which it seems it is.
I did not see the stop for some trades (at least MQL5 is not showing it), but Vytautas confirmed that the stop is always in and he looks at news events. Conversely, even if the trader is actively monitoring the trade, a sudden move in price can cause big losses.
The system does not trade a lot which is a plus (less time in the market, less risk). Overall good trading and more than "green" months so far.
I will give 4 stars for now and will review the signal by the end of the year.
The numbers look good (except Sharpe ratio of 0.19) but...the trading style doesn't seem to be constant. The trader lost a big position this month and most positions after were left longer open. The trading strategy changed in comparison to last month. Many positions were close in pairs which indicates attempts to stay positive without always giving the feeling that he knew were he was heading in the first place. Probably it is money management a priority but there has to be a clear strategy in the first place... If I was better I would trade myself but I am leaving this signal for the moment and will be watching closely. I did make some profit in the end
big stoploss. small take profit
oh wow, what's happened? why so many trades & a serial of bad trades with huge stoploss.
The drawdown is huge. big stoploss - small profit & If all of those stoploss hit, it can be a big loss. currently losss 6% and drawdown of 10%
19/10 update: i stopped following this signal & unsubcription, This is a good signal but stoploss is too large & profit is small which R:R ratio is not match. Too many trades and high drawdown.
The trader using mean reversal which is a minus for me, i am trend follower trader with Supply & Demand so this is not suitable for me.
The ratio of profit to loss is 1:10, which is extremely unreasonable
I lost four months of profit in one month and won't subscribe anymore
The winning rate of this signal is very low, and the break even ratio is very poor
its actually good
Плюсы: прибыль на длительной дистанции
Минусы: большой размер стопа и взятие маленькой прибыли; единовременное закрытие позиций на разных инструментах говорит о том, что эти позиции связаны одной идеей, хотя автор утверждает, что хеджирование не использует.
Пересидка - не лучший спутник трейдера, однако почти год прибыльной торговли заставляют верить в надежность найденной автором закономерности. Прибыль от 1к баланса еле-еле покрыла стоимость подписки. Следующий месяц пропущу и понаблюдаю.
Vytautas Paliokas is an excellent signal provider! I am enjoying his signals a lot. He is trading higher time-frames, so you need to make sure your account has the best conditions like swap-free etc. because trades may be held through rollover period. I can tell he is not doing random trading, there is a method to his madness and madness to his method :). His risk management and position sizing is also excellent! If you are looking to subscribe to this signal, based on what I have seen so far, you can expect about $5 in drawdown per 0.01 lots he trades. For example, if he is trading 0.04 lot, you may be in $20 - $25 in drawdown for a short period of time. That is the worst case scenario. Majority of trades are a lot lower in DD, most move instantly in your favor. Also, please be kind to the provider during periods where he is not trading. Because this is a manual strategy and because Vytautas has well defined conditions for when his strategy works and when it doesn't, sometimes there may not be a trade for the whole week. Do not be impatient and do not panic. Once the conditions are aligned with his strategy, you will make back all your investment into the signal and a lot more!
Also, for those worried about SL and TP placement - don't worry. If you know a little market structure, pull up the chart when the trade is placed on 4H and Daily Chart. You will understand why the stop is where it is. Trust Vytautas in placing the stop where it allows his position to absorb any short-term volatility and gives his trade the most chance of success long-term.
Updated on 31.08.2023
Some positions, like the one opened on 30.8.2023 on GBPCHF carry a big swap and should be avoided because they turn into losses even when the position is closed with gains after a few days. Hope these positions will not be carried for many days.
There may be a pattern of bringing positions in loss into the new month, and/or having a bad start, but so far the recoveries have been consistent. Sometimes the market just changes and such bad streaks of losses must be accepted.
For me it is okay to have a streak of losses, provided the trading is consistent (always following the same tested method) and the stop loss of each trade is always respected.
It maybe better to copy the signal at 80% or less and then increase to 95% or less when drawdown exceeds 5% (just an idea).
Sometimes the trades/trader are not aligned with price but if I understand well from the analysis of trades, this is a a mean reversion system and sometimes the market does not revert (often in forex and you cannot win them all), and that's okay and understandable. Please correct me if I am wrong. This is okay when risk is properly managed, which it seems it is.
I did not see the stop for some trades (at least MQL5 is not showing it), but Vytautas confirmed that the stop is always in and he looks at news events. Conversely, even if the trader is actively monitoring the trade, a sudden move in price can cause big losses.
The system does not trade a lot which is a plus (less time in the market, less risk). Overall good trading and more than "green" months so far.
I will give 4 stars for now and will review the signal by the end of the year.
not active enough
Очень редко торгует