Hedge Fund Copier

This is a discussion on Hedge Fund Copier within the Trading Journals forums, part of the Reception category; Signal this morining: eur/usd long @ 1.4410. I missed it because I have the software running on two platforms, home ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Aug 24, 2011, 9:39am   #9
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Signal this morining: eur/usd long @ 1.4410.

I missed it because I have the software running on two platforms, home and laptop with me at work. The vendor has no objection to multiple dowloads for this purpose, but only one platform can be logged on at any time. I'd left my Home PC logged and had to wait until someone was at home to log me out before I could get on at work.

by the time I logged on the trade had already hit TP1 at +30 with stops to B/E
davechilde is offline   Reply With Quote
Old Aug 25, 2011, 8:43am   #10
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Summary of yesterday, 1 signal (I missed)
EUR/USD long @ 1.4410, TP1 hit for +30, TP2 Hit for +70, then reversed.

The system recorded this as +130, being 30pips for TP1 and 70pips for TP2. I wasn't logged in to see the message but when TP2 was hit, it must have moved stops from b/e up to to TP1, to give another 30pips for position 3 on the reversal.

Max pips for a single position +70
davechilde is offline   Reply With Quote
Old Aug 26, 2011, 7:23am   #11
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Yesterday 1 signal GBP/CAD Short from 1.6059, SL 1.6100 , TP's at 1.6000, 1.5950 & 1.5900

By the time the signal was given market had already moved 20 pips. I could have entered on a pull back, but missed due to phone calls etc at work.

System generated an update later moving TP1 to 1.6025, that was hit for +34. Stops were then moved to 1.6070.

Market reversed to hit stop for -11 on remaining positions.

Net result for the day, 1 signal +12 pips
davechilde is offline   Reply With Quote
Old Aug 26, 2011, 11:01am   #12
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread signal from this morning USD/CHF, long @ 0.7900, sl 0.7830 TP's at 7940, 7980 & 8020

TP1 hit for +40, stops to b/e
davechilde is offline   Reply With Quote
Old Aug 26, 2011, 3:55pm   #13
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Round up for the week. Pips quoted are max pips for a single position.

MON - GBP/CHF +30
TUES - EUR/USD +30
AUD/USD +28
GBP/CHF +59
WEDS EUR/USD +70
THURS GBP/CAD +12
FRI USD/CHF +40

The pips quoted are based on the system's entry and exit prices, not what I managed to acheive. I missed a couple of trades and or entry points. On balance if I'd been at my platform at the moment each signal was issued I may have got closer, but on one occasion I was and the price had moved by the time the signal popped up.

All in all I think a potential +269 for the week is non too shabby, I could live with catching only half of these.

Plus sides for the system so far? Easy to follow with clear guidance, positive results, very encouraged by no losing trade this week at all.

Minus? System is a platform taking signals from a server operated by the vendor, so I cannot operate unless they are still in business They are not charging ongoing licence fees, which on the one hand is good, but on the other they've got to keep selling copies of the software to maintain the service. Personally I'd rather pay an annual licence fee so they have got an incentive to keep the service running.

Other downside, some signals come during the night, so a risk of missing entries and exits.

More next week.
davechilde is offline   Reply With Quote
Old Aug 27, 2011, 9:52pm   #14
Joined May 2011
Re: Hedge Fund Copier

Quote:
Originally Posted by davechilde View Post
Round up for the week. Pips quoted are max pips for a single position.

MON - GBP/CHF +30
TUES - EUR/USD +30
AUD/USD +28
GBP/CHF +59
WEDS EUR/USD +70
THURS GBP/CAD +12
FRI USD/CHF +40

The pips quoted are based on the system's entry and exit prices, not what I managed to acheive. I missed a couple of trades and or entry points. On balance if I'd been at my platform at the moment each signal was issued I may have got closer, but on one occasion I was and the price had moved by the time the signal popped up.

All in all I think a potential +269 for the week is non too shabby, I could live with catching only half of these.

Plus sides for the system so far? Easy to follow with clear guidance, positive results, very encouraged by no losing trade this week at all.

Minus? System is a platform taking signals from a server operated by the vendor, so I cannot operate unless they are still in business They are not charging ongoing licence fees, which on the one hand is good, but on the other they've got to keep selling copies of the software to maintain the service. Personally I'd rather pay an annual licence fee so they have got an incentive to keep the service running.

Other downside, some signals come during the night, so a risk of missing entries and exits.

More next week.
Have you "test driven" other commercial systems? If so, how does it compare to some of those? Been getting lots of emails from Bill Poulis, Jason Fielder - you dare to look at one of their websites and they innundate you with their stuff. Just wondering if any of it is any good and worth the cost. Thanks
flipper26 is offline   Reply With Quote
Old Aug 28, 2011, 7:51am   #15
 
DaddyJohn's Avatar
Joined May 2011
Re: Hedge Fund Copier

Does the vendor say what basis / analysis they use to generate the signals?
DaddyJohn is offline   Reply With Quote
Old Aug 28, 2011, 10:18am   #16
Joined Oct 2006
Re: Hedge Fund Copier

How much did you actually make. I think that's all that counts especially given the fact that the Market can move away from the given entry point in a very short space of time.

Quote:
Originally Posted by davechilde View Post
Round up for the week. Pips quoted are max pips for a single position.

MON - GBP/CHF +30
TUES - EUR/USD +30
AUD/USD +28
GBP/CHF +59
WEDS EUR/USD +70
THURS GBP/CAD +12
FRI USD/CHF +40

The pips quoted are based on the system's entry and exit prices, not what I managed to acheive. I missed a couple of trades and or entry points. On balance if I'd been at my platform at the moment each signal was issued I may have got closer, but on one occasion I was and the price had moved by the time the signal popped up.

All in all I think a potential +269 for the week is non too shabby, I could live with catching only half of these.

Plus sides for the system so far? Easy to follow with clear guidance, positive results, very encouraged by no losing trade this week at all.

Minus? System is a platform taking signals from a server operated by the vendor, so I cannot operate unless they are still in business They are not charging ongoing licence fees, which on the one hand is good, but on the other they've got to keep selling copies of the software to maintain the service. Personally I'd rather pay an annual licence fee so they have got an incentive to keep the service running.

Other downside, some signals come during the night, so a risk of missing entries and exits.

More next week.
pboyles is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Looking for a Hedge Fund Partner phoenixcapital Trading Firms 6 May 1, 2008 2:31pm
c2 hedge fund praetorian General Trading Chat 1 Feb 2, 2008 12:22am
Start your own hedge fund Pat494 Home Trader 21 May 7, 2007 11:25pm
What is a hedge fund? soosta Home Trader 13 Nov 26, 2004 1:24pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)