Hedge Fund Copier

This is a discussion on Hedge Fund Copier within the Trading Journals forums, part of the Reception category; How much did you actually make. I think that's all that counts especially given the fact that the Market can ...

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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.
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Old Aug 30, 2011, 10:47am   #17
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread
Quote:
Originally Posted by DaddyJohn View Post
Does the vendor say what basis / analysis they use to generate the signals?
No, they just say it is mutiple calcualtions, but they have 10 core strategies, from 5M scalping, to monthly price action (of which there may only be a couple of trades per year).

Most of the trades I have picked up have been on either the 1H or 4H daily movement, where the vendor's sytem tries to ride the general direction for the timeframe, or price action, for which all the vendor says is that the system will reconginse certain price action patterns and generate a signal when criteria are met.
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Old Aug 30, 2011, 10:53am   #18
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread
Quote:
Originally Posted by pboyles View Post
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.
I think it's fair to say that the market moves in the direction of the trade more often than it pulls back. Although a tradeer with more patience and disciplile than me, could possible score better entries from waiting for a pullback.

I took 148 pips from last week, but 30ish of those are from getting a better entry than the system, which probably balances the trades where i got in worse than signalled entry.
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Old Aug 30, 2011, 11:01am   #19
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Couple of trades signalled this morning.
Short on 1H EUR/USD from 1.4454, TP1 already hit at 1.4420 for +34 (+36 for me by entering on a minor pullback)

Short on 4H GBP/CHF from 1.3320. I've not taken this because TP3 is only at 1.3170, 150 pips away, yet SL is at 1.3560, 240 pips, so not worth the risk on R/R.

Being perfectly honest I cocked up. I misread the SL to be 1.3356, entered short before double checking the trade details and have been stopped out for -40 ( because I got in at 1.3316).
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Old Aug 30, 2011, 3:22pm   #20
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread two trades today, 1H EUR/USD short at 1.4454, TP1 hit as mentioned earlier, then alert to close early at 1.4417. Max profit +37.

The GBP/CHF trade I cocked up earlier was just alerted to close ealry at 1.3318 for +2. At the preceise time the laert sounded on my platform my broker was offering 1.3326 so would have be -6 if I had taken the trade, albeit as I type price is 1.3290, and testing the low of the day, so hard to see the logic in closing?
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Old Aug 31, 2011, 3:16pm   #21
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Quiet day today, no signals. Personally i've been whipsawed trying to pick the range breakout on EUR/USD today, then missed the actual breakout. Regroup tomorrow.

Last edited by davechilde; Aug 31, 2011 at 3:17pm. Reason: spelling error
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Old Aug 31, 2011, 4:06pm   #22
Joined Jul 2011
Re: Hedge Fund Copier

No live calls, no proof of transactions. Basically, this is someone who works at Hedge Fund Copier, promoting his product under the veil of a customer receiving successful trades.
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Old Sep 1, 2011, 6:29am   #23
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread
Quote:
Originally Posted by debrox View Post
No live calls, no proof of transactions. Basically, this is someone who works at Hedge Fund Copier, promoting his product under the veil of a customer receiving successful trades.
I'll keep this as polite as possible. Kindly go back, read my first post, then go away.
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Old Sep 1, 2011, 3:33pm   #24
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread A most frustrating day. My platform has stayed silent most of the day, there was one signal this morning a short on NZD/USD from 0.8485 which i am still in.

Because it was so quiet I tried to refresh it and found the software had frozen, I restarted it to find two further signals had been generated while it had been frozen and therefore not popped in my screen.
There's a short on AUD/CAD, from 1.0460 which I've managed to take at more or less at the signal price.
Then there was a short on GBP/CAD from 1.5826. Not sure what time these were generated ( a niggle with the software there's no time stamp on the signals) but by the time I'd realised my platform had frozen and reloaded it, it had already hit TP1 at 1.5786 and TP2 at 1.5756, so i've missed out on at least 70 pips.
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Old Sep 3, 2011, 3:54am   #25
Joined Jul 2011
Re: Hedge Fund Copier

Quote:
Originally Posted by davechilde View Post
I'll keep this as polite as possible. Kindly go back, read my first post, then go away.
I'll keep this kind too. Reread what I wrote and realize it does not contradict with reality, though it does contradict with your words. That is, you are able to lie, yet your rebuttal presupposes your mandatory honesty. Hence, all conclusions based on that flawed presupposition are tenuous, and from this tenuity comes your obligation to provide evidence if you want anyone to believe your words.

But you will not oblige, because you are a merchant with Hedge Fund Copier, trying to convince people of the software's efficacy under the guise of a satisfied customer.
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Old Sep 3, 2011, 11:11am   #26
Joined Oct 2006
Re: Hedge Fund Copier

Quote:
Originally Posted by debrox View Post
No live calls, no proof of transactions. Basically, this is someone who works at Hedge Fund Copier, promoting his product under the veil of a customer receiving successful trades.
Thats entirely possible, as I said at the start this company have done an enormous amount of SEO work which will pretty much bury any criticism. You'd have to wonder why they would do that if the results are so fantastic. Maybe it's time to look a bit more closely.
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Old Sep 5, 2011, 8:03am   #27
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread Trades update

NZD/USD, hit TP1 and reversed to within 3 pips of the SL on Friday evening. I didn't allow for my broker's spread and my stops were taken out. Frustrating because TP2 was hit in the asian session and Tp3 at 8385 is now also looking good. A bit of inconsistency here insofar as the general rule for all trades is once TP1 is hit move stops to B/E. For some reason that wasn't applied here, if it had then stops would have been taken out on Friday.

AUD/CAD still shy of TP1 at 1.0420

AUD/USD. There was also an aussie trade on Friday on the daily strategy I neglected to add. I took a smaller trade on this due to the 225 pip stop, but now looking good with TP1 out of the way, stops to B/E, currently trading at +132 (as at 08.00 GMT) just 8 pips short of TP2.
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Old Sep 5, 2011, 8:06am   #28
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread I understand the cynicism displayed by Debrox and Pboyles, T2W is regrettably too full of charlatans pretending to be something they are not. I have sent debrox a PM and hope to be able to alleviate his concerns. For obvious reasons I am not going to post such personal info in the open forum.
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Old Sep 6, 2011, 6:57am   #29
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread AUD/USD TP2 Hit for +140

AUD/CAD eventually hit TP1 for +45, stops moved to B/E
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Old Sep 6, 2011, 7:09am   #30
Joined Jun 2009
Re: Hedge Fund Copier

davechilde started this thread pboyles, I see you are online this morning. I've had no reply to my PM to debrox offering to send him the evidence that I'm not a vendor. I've tried to PM you to offer you the same but your profile doesn't accept PM's. If you send me your email address I'll send you some scanned docs by return.

I have nothing to prove, but am irritated by being called a liar (not by you) in an open forum, but refuse to let the thread degenerate into the bitchfest they often do.
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