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Author Topic: Jimmy's Account - SFE Combo  (Read 1415 times)

ccjhuang

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Jimmy's Account - SFE Combo
« on: August 10, 2019, 01:40:32 AM »
Hi guys,

I am Jimmy and I have been a loyal customer of SFE EAs since 2016. You guys may have seen me on Donna Forex and Forexsignals forums in the past few years.

Overall I have made A$260K so far with the SFE EAs (please see the photo attached). The drawdown may seem scary but that's because I withdraw profits regularly and only leave the amount that is required to cover the margin - there is no use leaving cash in my Forex account when I can put them in the bank to offset my mortgage! After all it's the profit in $$$ that counts, not the gain % which can be affected greatly by deposits and withdrawals.  ;)

I am glad to say that I will be updating my results regularly in this official forum from now on, and I can't wait to share the journey with you.

Welcome aboard!  :)
« Last Edit: August 15, 2019, 05:44:13 AM by ccjhuang »

ccjhuang

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #1 on: August 10, 2019, 01:59:58 AM »
Weekly Result - 5th Aug 2019 to 9th Aug 2019

This week ended in a slight loss of -$6068.38 or -6.3% on my account.

The week started with SFE PA losing 9% in one day on Monday, but it rebounded strongly after 2 days with a gain of 7%.

SFE Attractor did well with the EURAUD sell trades and is still holding small sell postions into the weekend.

SFE NS had a very good week and is now back to all time equity high on the official account! (https://www.myfxbook.com/members/atractor/sfe-night-scalper/1393341)

SFE EU didn't do much this week as the price actions on EURUSD are still subdued.

I also did a few manual trades copying SFE Attractor in larger lot sizes, but lost some money buying GBPUSD. Well, better luck next time!

It is obvious that volatility is now picking up in the market, and I really expect SFE PA to make another large gain soon after so many months of stagnation. Can't wait for that big day to happen! ;D

You can verify my weekly results here:

Total:
https://www.fxblue.com/users/jimmy8378/stats?#week

SFE Price Action:
https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week

SFE Attractor:
https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week

SFE Night Scalper:
https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week

SFE EURUSD:
https://www.fxblue.com/users/jimmy8378/stats?magic=354981#week

Manual Trades:
https://www.fxblue.com/users/jimmy8378/stats?magic=0#week
« Last Edit: August 10, 2019, 02:11:04 AM by ccjhuang »

Attractor

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #2 on: August 11, 2019, 04:44:17 PM »
Welcome Jimmy!

No doubt you are an experienced user of SFE EAs and Forex in general, and you have aclompished some of any investor dreams with a very good track record in your personal accounts, therefore I'm glad to have your participation here, and I hope all together can find the way for continue the profits in the future.

We will follow you close :)

ccjhuang

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #3 on: August 12, 2019, 11:55:21 AM »
Hi Joel,

It's my pleasure to be participating in your forum here. :)

I am very grateful for your EAs and it really gives me the hope that I may be able to retire within the next 10 years! ;D

I started trading Forex since 2010. I was also losing money in Forex like many others - until I came across SFE PA in 2016. Having studied casino betting systems when I was younger (and failed to beat the casino), your system stood out to me as having a clear statistical edge over the market with the large number of trades it takes, and the profits that go along with it. There is simply no other system on the market that I have seen that takes more than 20000 trades on their account and can still maintain a positive result of more than 400% gain after 4 years. ;)

Most of the vendors/signal providers are just out there to make money from subscribers. They make their growth curves look pretty, but their systems all eventually fail because their systems never had a long term statistical edge over the market to start with. However, a lot of people still fall for these grid/martingale systems because they believe the straight line growth will continue forever, and eventually they end up with the large final loss that wipes out their entire account. Then they look for the next system and lose again...I really hope this forum will help educate people and get them out of this vicious cycle.

I think people need to learn and accept the fact that in order to trade Forex successfully in the long term, they will need to stick to a strategy that has a long term statistical edge over the market. It's also important to always make the statistically correct decisions - even if that means closing a losing trade! Once you have that long term statistical edge, it doesn't matter if you trade with the same lot size, or use grid/martingale systems, you will still be able to make money in the long term as long as you can handle the drawdown. In the world of statistics and probability, the law of large numbers guarantees the long term profits. This is exactly how the casino makes money from gamblers - and Joel's EAs give that edge to the traders so we can make money from the market! :)

Attractor

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #4 on: August 12, 2019, 06:43:47 PM »
Yes Jimmy, your comments are very interesting, and I have to say that this world is very difficult for retail traders because obviously all the market is done for transfer his money to the strong hands.

Added to this, there is a lot of people trying to make profit with newbies traders selling anything, robots, indicators, courses, signals... which 99% of times are only scam (maybe not at legal level, but at moral level) because the sellers know these products don't works really.

Is know that there can't exist any guarentee even with good products, but at least me as SFE creator, be honest and transparent with our products is a must, If something is not good enough is not sold. With this forum, I hope we can help any retailer or newbie trader, sharing our knowledge with them. And also we can learn at same time with any interesting information posted.

ccjhuang

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #5 on: August 13, 2019, 08:37:08 AM »
Yes Joel you really are a genius to have created these EAs that have long term statistical edge over the market. :D

My account has made another $10K today thanks to the Gold buy trades by SFE Attractor! ;D

ccjhuang

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #6 on: August 13, 2019, 06:28:17 PM »
I am now up $20K for the day and still have a decent floating profit. The market is really favourable for the SFE EAs right now. :D

ccjhuang

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Re: Jimmy's Account - SFE EAs + manual trades
« Reply #7 on: August 15, 2019, 03:16:10 AM »
I have just sent in a withdrawal request for $10000 at IC Markets today. Thanks to Joel and his amazing EAs for the nice profits this week! :D

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #8 on: August 15, 2019, 05:55:19 AM »
Hi guys,

I have decided to retire my manual trading as I have now built up a decent account size to (hopefully) handle any DD that may come in the near future. All together I have made a bit over $65K with manual trading (see profit graph attached). Nevertheless, I have lost back about $6000 with my manual trades in the last 2 weeks...and while I may still be able to make a new high again, trading manually does put a bit more stress on me to check the account all the time and affecting my sleep.

So from now on my account will simply be called "SFE Combo" and trade the following strategies without manual intervention:
SFE Price Action - 3 Lots per trade
SFE Attractor - 2 Lots per trade
SFE Night Scalper - 1.5 Lots per trade
SFE EURUSD - same risk as official MQL5 account

I am still looking forward to the day when SFE Price Action reaches another equity high! :)

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #9 on: August 15, 2019, 02:14:33 PM »
Just received the deposit notification now when I was watching the new GU trade opened by SFE Attractor. 8)
« Last Edit: August 15, 2019, 02:23:39 PM by ccjhuang »

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #10 on: August 17, 2019, 03:30:24 PM »
Weekly Result - 12th Aug 2019 to 16th Aug 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
+$16102.11

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
+$6542.43

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
+$9262.96

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+$985.00

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=354981#week)
+$103.17

Manual Trades: (https://www.fxblue.com/users/jimmy8378/stats?magic=0#week)
-$791.45

As you guys can see, all the SFE strategies were profitable this week and it was only my manual trades that gave a small loss. I believe the market has become more and more favourable for Joel's EAs and it should be just a matter of time that the official SFE PA account will make another new equity high. I am predicting that to happen before the end of this year but it could also happen a lot sooner that. ;)

Also just in case if you have missed a few posts from me, here are some of the important things that have happened to my account this week:
  • I have stopped manual trading from now on and this account has been renamed SFE Combo
  • This account is now available for subscription on Signal Start (https://www.signalstart.com/analysis/sfe-combo/62370)
  • I withdrew $10000 from this account into my bank account this week! :)
« Last Edit: August 17, 2019, 03:44:41 PM by ccjhuang »

Attractor

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Re: Jimmy's Account - SFE Combo
« Reply #11 on: August 17, 2019, 06:56:12 PM »
no doubt, good Week  :)
thanks for reporting

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #12 on: August 20, 2019, 02:21:20 AM »
no doubt, good Week  :)
thanks for reporting

Yes and it's a great start to this week as well. Already up $696.19 so far. 8)

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #13 on: August 20, 2019, 03:59:56 PM »
Just a note to let you guys know that I have now purchased the SFE EURUSD EA and will be running it at 1 Lot per trade on my account from now on.

So my account will now be running the following strategies:

SFE Price Action - 3 Lots per trade
SFE Attractor - 2 Lots per trade
SFE Night Scalper - 1.5 Lots per trade
SFE EURUSD - 1 Lot per trade

ccjhuang

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Re: Jimmy's Account - SFE Combo
« Reply #14 on: August 22, 2019, 03:49:05 AM »
Hi guys,

Some of you may wonder what exactly happened to my account over the last 2 years, so I have included a timeline graph of my account which explains it well. Please refer to the graph attached. :)
« Last Edit: August 22, 2019, 04:00:32 AM by ccjhuang »