Are you aware that this forum is home to hundreds of active traders? It’s unlikely anyone would hand out money just like that. What you’re asking for is an unsecured loan without any guarantee of repayment.
If you truly have a winning strategy, then why rely on others for funds?
Your previous trades should have enabled you to save up for future investments.
Let's be realistic. There's no such thing as a 100% winning strategy in trading. If one existed, losses would cease to exist, and it would completel change the nature of trading markets.
Topic: Trading Service (Read 123 times)
If Binance and MT5 are compatible that's fine for me. Anyway i guess you need to rewrite and adopt your strategy for crypto.
Your backtest results are nice to see (seeing profit potential), but obviously you highlighted a few trades that are not representative in general.
I would expect some months track record resulting in hundreds or thousands of trades (strong law of large numbers).
1:5RR is good. I would expect 50% Win Rate @1-1.5% Risk per trade. For 3% risk per trade i would expect highter win rate >70%, but that is a question of risk to return and not difficult to implement.
In the end it depends on strategy as risk per trade, win rate and risk-reward-ratio can heal each other....
Your backtest results are nice to see (seeing profit potential), but obviously you highlighted a few trades that are not representative in general.
I would expect some months track record resulting in hundreds or thousands of trades (strong law of large numbers).
1:5RR is good. I would expect 50% Win Rate @1-1.5% Risk per trade. For 3% risk per trade i would expect highter win rate >70%, but that is a question of risk to return and not difficult to implement.
In the end it depends on strategy as risk per trade, win rate and risk-reward-ratio can heal each other....
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I used autoview to link trandingview with crypto exchange, but since binance got direct Integration in tradingview it is somewhat outdated (except for other CEX like Kraken).
I did not know that binance works with MT5 as well. I guess your Backtests are done with MT5 as well then?!
Lets talk about your current strategy:
What win rate (number profit trades : number loss trades) does your strategy has (->verify entry/exit)
What is the max risk per trade and what is max drawdown?
What profit factor (average profit : average loss) does it has (-> verify moneymanangement)?
You may easily share a Screenshot from your backtest Evaluation.
Also it would be interesting how the strategy performs in different market situations (Bull, Bear, side) and how its working with change in direction long/short. I guess it is working in small timeframes (-> kind of scalping) and both directions?
Scaling in with momentum sounds good, i read that before but wanted to clarify that (MG, Grid) for the future if you want to diversify in more strategies.
I did not know that binance works with MT5 as well. I guess your Backtests are done with MT5 as well then?!
Lets talk about your current strategy:
What win rate (number profit trades : number loss trades) does your strategy has (->verify entry/exit)
What is the max risk per trade and what is max drawdown?
What profit factor (average profit : average loss) does it has (-> verify moneymanangement)?
You may easily share a Screenshot from your backtest Evaluation.
Also it would be interesting how the strategy performs in different market situations (Bull, Bear, side) and how its working with change in direction long/short. I guess it is working in small timeframes (-> kind of scalping) and both directions?
Scaling in with momentum sounds good, i read that before but wanted to clarify that (MG, Grid) for the future if you want to diversify in more strategies.
Thanks for your reply @Turbartuluk.
Although my focus has been on XAU and EUR pairs, crypto markets provide the same structure. MT5 can be used with Binance as well.
API-Trading is perfectly fine but i need to confirm that i can still run my EA and send the orders through the code - i trade price action but my EA has a couple functions such as adjusting stop losses automatically. I agree with low drawdown and tight money management, and no i don't use grid bots.
I wouldn't say my strategy is turtle trading, but the strategy includes scaling in with the momentum.
I have read your post and will test out auto view and see if i can link MT5 with the Binance API.
Although my focus has been on XAU and EUR pairs, crypto markets provide the same structure. MT5 can be used with Binance as well.
API-Trading is perfectly fine but i need to confirm that i can still run my EA and send the orders through the code - i trade price action but my EA has a couple functions such as adjusting stop losses automatically. I agree with low drawdown and tight money management, and no i don't use grid bots.
I wouldn't say my strategy is turtle trading, but the strategy includes scaling in with the momentum.
I have read your post and will test out auto view and see if i can link MT5 with the Binance API.
Don't be too hasty... Learning trading and developing strategies takes a lot of time and tuition fee, lending money might be risk management in the valley of pain. It is quite commonin trading business like copy trading. For me he sounds different comparing to usual scammers, it does not sound dishonest to me, maybe a little unexperienced.
Let's get have a look...
@orionstavern77:
I could be interested in a deal aligned with following rules:
- crypto trading (MT5 and cTrader sounds like forex)
- providing API-Trading to my account (prevent exit scam)
- Top20 Coins trading whitelist only (prevent shitcoin pump&dump scam)
- low drawdown, harsh money-management, no MG or Grid Shit-Bots
Regarding your leverages I guess you have some forex turtle trading strategy, which might fit the criteria if it can be adopted to crypto.
You may also want to read this:
https://bitcointalksearch.org/topic/m.62499751
Binance + Tradingview could be a basic infrastructure.
Let's get have a look...
@orionstavern77:
I could be interested in a deal aligned with following rules:
- crypto trading (MT5 and cTrader sounds like forex)
- providing API-Trading to my account (prevent exit scam)
- Top20 Coins trading whitelist only (prevent shitcoin pump&dump scam)
- low drawdown, harsh money-management, no MG or Grid Shit-Bots
Regarding your leverages I guess you have some forex turtle trading strategy, which might fit the criteria if it can be adopted to crypto.
You may also want to read this:
https://bitcointalksearch.org/topic/m.62499751
Binance + Tradingview could be a basic infrastructure.
You said it yourself that you created your account today. I do not have to look at it because you are not worth someone who can be given any money on this forum. The trustworthy members are not just like you. They are better people. Not to tell people that they can trade for them. Trading is very risky. Either this is a scam, or it will lead to a scam.
Look for money yourself to trade.
Another obvious fact is that he has said that he had years of experience in trading but yet lacks the capital to start trading with, slthis is also a red flag to show his competency in trading because inexperienced traders will lose their trading capital no matter what, to the point of resulting into seeking for funding online, this is so strange to me and I believe many others will feel the same way about this too.Look for money yourself to trade.
Besides your lack of reputation and what you have, I don't think you can handle any funds, but if you believe otherwise, I advise you to visit your local bank to take a loan and later pay it back.
Point taken. Thanks for both your comments.
You said it yourself that you created your account today. I do not have to look at it because you are not worth someone that can be given any money on this forum. The trustworthy members are not just like you. They are better people. Not to tell people that they can trade for them. Trading is very risky. Either this is a scam or it will lead to scam.
Look for money yourself to trade.
Look for money yourself to trade.
One and half year experience and you still looking for funding?
Do you really consider yourself to be hired in a company if you present this in an interview?
For good one whole year and a half, if you can not raise capital despite your aclaim experience what then qualify you that you think anyone here would entrust their account in your possession?
Forget about the merits first, your presentatio/cv alone is a red flag. If you are confident in your skill, you know how to get funds to start trading other than coming here.
Good luck thou. Someone might probably come to your aid but it's not guaranteed.
Do you really consider yourself to be hired in a company if you present this in an interview?
For good one whole year and a half, if you can not raise capital despite your aclaim experience what then qualify you that you think anyone here would entrust their account in your possession?
Forget about the merits first, your presentatio/cv alone is a red flag. If you are confident in your skill, you know how to get funds to start trading other than coming here.
Good luck thou. Someone might probably come to your aid but it's not guaranteed.
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