Recent content by 123 Trading

"In finance, the use of the maximum drawdown as an indicator of risk is particularly popular" http://en.wikipedia.org/wiki/Drawdown_(economics) Drawdown Definition | Investopedia So, based on your example, if you have an account that peaked at 108 and later comes back to 102 (lost 6!) you will...

Hi LiquidSnake That could be a possibility. Another likely option is that they could have an arrangement with their Prime Broker that allows them to have low margins requirements on the products their traders manage and, therefore, be able to back them without much cost (also, as their...

Hi LiquidSnake/PBoyles, I will try to add some insights to the discussion, as Liquidsnake send me a pmessage asking for my feedback (since this is an open forum, I trust it will be more useful to answer it here) My opinion in this subject is that Pulsar provides us with a quite interesting...

Hi Babanky, As I have received a few private messages regarding my past experience with Pulsar, I will try to summarize everything in here. Last November I missed my last trial with Pulsar (to be honest I did not even manage to finish with a positive performance). Since then, I have been...

No doubt about it. It makes me laugh when I find companies telling us that they will teach people how to trade... ;)

Hi jjopd2001, Thanks for the sugestion but now it is already too late for that! Have already registered with Pulsar… :) Talking seriously, I hesitated a lot between both, but in the end decided to join Pulsar again based on my past experience (good service, good platform). Also, although the...

Hi All, Finally decided to move ahead and re-register for another simulation. Did some adjustments to my strategies and believe that now I might have a better chance of success. Not easy, as the values they target are high but, nonetheless, is worth a try… :) Have just started today and will...

Hi Guys, As you can see from previous posts I actually did sign for their trading programme. The first time I had a good performance and managed to achieve most of their targets but missed the Sharpe ratio one. As a consequence, they offered me a second trial for free but I blew it up after...

Hi Financening, Thanks for sharing all that with us. I have never been at Schneider, but had the impression (now confirmed) that it was a very hard place to trade.

hi, I do not know any located in Australia, but I believe that there are quite a few who might accept that you work remotely. At least in the UK I know that Savi, Pulsar Capital and Schneider allow you to do it. Hope this helps...

Hi Unreal, I believe that most of them are performance based...

Hi All, As promised, here is a review about my experience at Pulsar Cap: When I started the trial I confess I had some doubts about what to expect. They were an unknown company and basically I could not find any review about it (either positive or negative). Today, after finishing the...

Hi pboyles, Still not over. After 19 trading days I am up 2.79% with a Sharpe of 2.86 11 positive days and 8 negative ones. Based on my current performance, it will be very difficult to reach the 4.0 desired Sharpe but will try until the end! :) Will let you know how I finish in a week´s time.

Hi DaftTrader and Pento, I was only planning to make a report of my progress after ending my trial, but since you both ask, will do one now. So far my results have not been as well as I was expecting. After 5 trading days I am losing 0.34% with 3 winning days and two negative days. Still have...

Spy74, Too late for regrets, have already signed with them. :) Based on my past results, I believe I will be able to succeed, however, I will let you know in a month time ;) PBoyle, I also made those same calculations, and on the ES to pass the simulation you would need to make an average of...