After copping a $462,000 loss, he must have recharged his accounts because he is back in the game.
After copping a $462,000 loss, he must have recharged his accounts because he is back in the game.
how about instead of actually criticizing and analyzing other people's trading and playing in smart, you show us your type of trading
eh? what do you say?
Lord Flasheart
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Pom
what you say is correct. Th followers are mad and kamas set up is designed to have few losers and regular profits because that is what followers demand. Sadly it is not real trading just waiting for things to come good. He was nearly 500 down earlier today,if it had gone another 30m or 40 pips it would have been a dd of 800 pips which is nearly 20% of his total,and would have wiped out his followers accounts as most use stupid leverage and have only been following for a short while
what you say is correct. Th followers are mad and kamas set up is designed to have few losers and regular profits because that is what followers demand. Sadly it is not real trading just waiting for things to come good. He was nearly 500 down earlier today,if it had gone another 30m or 40 pips it would have been a dd of 800 pips which is nearly 20% of his total,and would have wiped out his followers accounts as most use stupid leverage and have only been following for a short while
tar
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how about instead of actually criticizing and analyzing other people's trading and playing in smart, you show us your type of trading
If someone is playing with millions of $ from others money then they should accept criticism ...
The above says it all. Most of his followers are mad punters with stupid and suicidal levels of risk. They deserve to be wiped out. (I am a great believer in Darwin's Laws of Survival)
Lord Flasheart
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how do you find this out
jungles
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happily, it all happens live here,
Fx Trading Archives
http://www.trade2win.com/boards/trading-journals/165440-random-trades-subverting-rules.html
but in fairness, i am merely applying the fundamentals of risk management to kama's account, and pointing out where the may be some problems
you seem intent on prancing around pretending you're going to become super rich following kamas signals
i'm suggesting, if you take the time to read and understand his account, that there are some problems, and if they arent rectified, he'll take you and your account over the edge
Fx Trading Archives
http://www.trade2win.com/boards/trading-journals/165440-random-trades-subverting-rules.html
but in fairness, i am merely applying the fundamentals of risk management to kama's account, and pointing out where the may be some problems
you seem intent on prancing around pretending you're going to become super rich following kamas signals
i'm suggesting, if you take the time to read and understand his account, that there are some problems, and if they arent rectified, he'll take you and your account over the edge
how about instead of actually criticizing and analyzing other people's trading and playing in smart, you show us your type of trading
it is not that he is playing, and managing 18m usd is different from having this account actually following - i mean how much is following him has nothing to do with the size of his trading account. Nonetheless, i also think that he should have closed the trades already like yesterday was a good day for it. Today seems like things are getting out of control....
tar
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it is not that he is playing, and managing 18m usd is different from having this account actually following - i mean how much is following him has nothing to do with the size of his trading account. Nonetheless, i also think that he should have closed the trades already like yesterday was a good day for it. Today seems like things are getting out of control....
I call that type of trading playing , just wait and see , and when he is followed by 18 million $ there are no guarantees that he wont wipe out half or all the funds even if the followers have their own settings anything can happen in leveraged FX trading .
Lord Flasheart
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jungles
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Lord Flasheart
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you cant see what hes lost. Looks like kama has got away with it again
jungles
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Last edited:
Lord Flasheart
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I see.I was looking at old site,thanks
Lord Flasheart
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he is playing a dangerous game,but im pleased for the followers except for that guy that lost a fortune
The Artist
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I am not too impressed with Kama-Spot's risk management skills either but to engage his responsibility with regard to his followers' money is a step too far for me.
Providers have the right to do anything they want provided they respect the rules set out by Zulutrade, and their responsibility stops there. Whatever amount of money is then won or lost by followers is their fault and their fault only and to infer otherwise is clearly insane.
If followers are not happy with the possibility of being wiped out then they can
A. pick other safer providers and compromise on returns
B. request stricter rules from Zulutrade
C. trade by themselves
D. find another passtime where money is not involved
But at no point it is Kama-Spot or any other provider's duty to implement proper risk management. The contract you sign when you create a follower account is pretty clear about that.
Besides, Kama-Spot may be gambling, or playing, and not trading, but the objective of Zulutrade is to make money by having people follow your signals. The objective is not to become the greatest trader of all time. Providers on Zulutrade are not hedge fund managers or CTAs yet they are being judged as such. It is great that some providers do try their best to trade properly and it's praiseworthy I think but at the end of the day no signal provider on Zulutrade would pick praise over money.
So what if Kama-Spot gambles and wins? 20000 followers also prefer to gamble rather than trade. Let him do his thing, I'm sure in 3 months if the market has not gone against him which is absolutely possible he will have made so much money that he will slowly fade away and many people would have made money with him. Or he'll bust and they will have lost a lot, but the type of people who put big faith in Kama-Spot to make them millionaires would have eventually lost their money gambling on something else anyways.
Providers have the right to do anything they want provided they respect the rules set out by Zulutrade, and their responsibility stops there. Whatever amount of money is then won or lost by followers is their fault and their fault only and to infer otherwise is clearly insane.
If followers are not happy with the possibility of being wiped out then they can
A. pick other safer providers and compromise on returns
B. request stricter rules from Zulutrade
C. trade by themselves
D. find another passtime where money is not involved
But at no point it is Kama-Spot or any other provider's duty to implement proper risk management. The contract you sign when you create a follower account is pretty clear about that.
Besides, Kama-Spot may be gambling, or playing, and not trading, but the objective of Zulutrade is to make money by having people follow your signals. The objective is not to become the greatest trader of all time. Providers on Zulutrade are not hedge fund managers or CTAs yet they are being judged as such. It is great that some providers do try their best to trade properly and it's praiseworthy I think but at the end of the day no signal provider on Zulutrade would pick praise over money.
So what if Kama-Spot gambles and wins? 20000 followers also prefer to gamble rather than trade. Let him do his thing, I'm sure in 3 months if the market has not gone against him which is absolutely possible he will have made so much money that he will slowly fade away and many people would have made money with him. Or he'll bust and they will have lost a lot, but the type of people who put big faith in Kama-Spot to make them millionaires would have eventually lost their money gambling on something else anyways.
Which one are you referring too? most probably he got too greedy and put all his account on kama.....eei lets not forget about the slippage...this also plays a major role in losses...
I am not too impressed with Kama-Spot's risk management skills either but to engage his responsibility with regard to his followers' money is a step too far for me.
Providers have the right to do anything they want provided they respect the rules set out by Zulutrade, and their responsibility stops there. Whatever amount of money is then won or lost by followers is their fault and their fault only and to infer otherwise is clearly insane.
If followers are not happy with the possibility of being wiped out then they can
A. pick other safer providers and compromise on returns
B. request stricter rules from Zulutrade
C. trade by themselves
D. find another passtime where money is not involved
But at no point it is Kama-Spot or any other provider's duty to implement proper risk management. The contract you sign when you create a follower account is pretty clear about that.
Besides, Kama-Spot may be gambling, or playing, and not trading, but the objective of Zulutrade is to make money by having people follow your signals. The objective is not to become the greatest trader of all time. Providers on Zulutrade are not hedge fund managers or CTAs yet they are being judged as such. It is great that some providers do try their best to trade properly and it's praiseworthy I think but at the end of the day no signal provider on Zulutrade would pick praise over money.
So what if Kama-Spot gambles and wins? 20000 followers also prefer to gamble rather than trade. Let him do his thing, I'm sure in 3 months if the market has not gone against him which is absolutely possible he will have made so much money that he will slowly fade away and many people would have made money with him. Or he'll bust and they will have lost a lot, but the type of people who put big faith in Kama-Spot to make them millionaires would have eventually lost their money gambling on something else anyways.
how much more stricker rule more than 700 pips dd would you propose? how much more strict rules of trading? people were complaining for so long, i remember....I dont think this guy will loose anyhow, he seems very serious...
tar
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For starter they should reduce the maximum allowed number of open positions for the same pair , 30 is very high and risky and meaningless unless u r a commission hunter or a martingale trader ...
