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cornixforex
Members-
Content Count
35 -
Joined
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Last visited
Personal Information
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First Name
J.
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Last Name
M.
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City
Siberia
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Country
Russian Federation
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Gender
Male
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Occupation
Psychologist, trader.
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Biography
Trade since March 2005, last 4 years mostly day trade EUR/USD forex currency pair.
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Interests
Philosophy
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LinkedIn
http://www.linkedin.com/company/cornixforex
Trading Information
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Vendor
No
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Favorite Markets
Forex
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Trading Years
7
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Trading Platform
TWS, Oanda
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Broker
IB, Oanda
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cornixforex started following Best Forex Accounts Managers, Is Discipline Enough to Succeed?, Volatility - Friend or Enemy and and 7 others
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Thanks. I'm pretty busy with trading for direct clients/myself and not too much time to develop the new stuff, but it's worth some weekend homework.
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Yea, maybe a swing version of my stuff to get slower and not depend so much on execution or like that...
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Yea thinking about it too... The only problem is I am confident with my current strategy, but not too sure what exactly I could use to provide Zulu signals not affected with the execution issues.
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Yea guess brokers are trying to protect their business (spread) from being damaged with poor fills. Not all do that, but many do. I try to adapt the strategy, but it's not so easily done because I tend to enter with quick intraday momentum and the time/price window of entry is very small if you want to trade profitably like that. Works like a charm with clients directly hooked to my broker account on a performance based fee structure (25% profit share on a monthly basis), because no such issues there. Zulutrade has way wider client base than I personally can attract of course, but has these unpleasant issues described above unfortunately...
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No no, all is just fine with my own broker and my clients linked to me as a manager directly through it. No complaints. Here is Myfxbook track record of the account and everything is reflected on Zulutrade as well (it's the same account hooked there for public track record purpose of how I trade OPM): Cornix Forex Alpari UK System | Myfxbook But what I see is followers orders often don't get filled cause their broker rejects it for one or another reason like being too close to the market or no price or something else... Pretty sad seeing them according to Murphy's laws getting filled on the bad trades and then not getting filled on the good ones.
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All is fine thanks. The only issue, which I start to believe is structural is that due to Zulutrade acting as intermediary between SP and follower's broker and adding some spread on top of that as an IB precise execution of trades for followers is not an easy task to say the least. Seems like hardly possible to do anything about it. Alpari's direct money management working like a charm though.
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Knowledge how to make consistent profits is the basis. Then if you have it in all details and sure it "works", discipline becomes the important trait to maintain in order to execute your knowledge.
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I take funds under management since September (actually 1st client was able to connect in October, but anyway ), of course not anywhere near having 91% winning trades or similar ridiculous promises. Here's my 2 month track record so far, account @ Alpari UK actually tracks performance for managed accounts (I have live clients there already connected). cornix's Profile | Myfxbook Previous account @ Oanda just gives approximate overview of performance during part of August (I took a break after for personal reasons).
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What are your expectations from the manager who would trade your account?
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Yeah, MT4 Multiterminal which allows to trade several accounts simultaneously. Handy option.
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Thanks William, they made it so much easier to execute all trades for me and clients with the single button indeed.
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Switched to live account to provide signals along with managing OPM through Alpari UK. So far alright.
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Well, compensation structure for SP at Zipsignals is similar to Collective2, membership fee regardless of the # of transactions, which makes perfect sense for swing trading systems with not too frequent trades.
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Getting used to trade from the new platform while transmitting trades automatically into Zulutrade enabled MT4. Also released a longer-term system on Zipsignals (not many trades there, so Zulutrade compensation plan doesn't make much sense), which is about 380 pips ITM so far.
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Haha... Guess you're right about it.