ProRealAlgos? Real or fake
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It would be interesting to see the Equity Curve and the Detailed Report for just your DAX M3 algo that you mention above … from ProOrder AutoTrading (not for the whole Portfolio / overall Detailed Report that you link to above).
Avg gain of winnings trades 420
Avg loss of losing trades 1631
Thats all i need to know
1 user thanked author for this post.
Hi Fran55,
The stoploss on our algos are maximum 2%.
One of the keys of our success is diversifying with many different timeframes and markets. One algo could have 3 consecutive losses and you would hardly notice it. Actually that is what happened with our DAX M3 algo. It had 3 losses in 2 weeks and this is still the total gain curve of all our algos (customer results)
https://twitter.com/prorealtimealgo/status/1291070180848738305
“One of the keys of our success is diversifying with many different timeframes and markets.”
This is where I have a problem with this offering and strategy. In order to run ALL algos at the same time, PRTA are saying you need an OPENING margin of 66,000 euro to get the returns that they are advertising. Again, make sure you understand the small print. This does not account for any draw down that each of them could take – you might need to add another 50,000 euro to cover that – 10 algos with 5,000 euro drawdown each? (low probability but there will definitely be some)
Most people are not trading with that kind of free capital in their account so I feel each algo should be able to stand on its own.
I’ve compared their best performing also with the community developed MOD one here if anyone wants to look.
I will do a review of of the DOW vs MOD DOW next.
Hopefully it’s helpful.
Hi Fran55,
The stoploss on our algos are maximum 2%.
One of the keys of our success is diversifying with many different timeframes and markets. One algo could have 3 consecutive losses and you would hardly notice it. Actually that is what happened with our DAX M3 algo. It had 3 losses in 2 weeks and this is still the total gain curve of all our algos (customer results)
https://twitter.com/prorealtimealgo/status/1291070180848738305
“One of the keys of our success is diversifying with many different timeframes and markets.”
This is where I have a problem with this offering and strategy. In order to run ALL algos at the same time, PRTA are saying you need an OPENING margin of 66,000 euro to get the returns that they are advertising. Again, make sure you understand the small print. This does not account for any draw down that each of them could take – you might need to add another 50,000 euro to cover that – 10 algos with 5,000 euro drawdown each? (low probability but there will definitely be some)
Most people are not trading with that kind of free capital in their account so I feel each algo should be able to stand on its own.
I’ve compared their best performing also with the community developed MOD one here if anyone wants to look.
I will do a review of of the DOW vs MOD DOW next.
Hopefully it’s helpful.
Hi StingRe,
That’s good feedback. We understand that 66 000€ is bigger capital than most have. But to be clear, the returns and position sizes are ofcourse scalable, so you just divide it with your own capital.
Let’s say you only have 1/10 of that capital (6 600 euro) and would run with 1/10 of our position sizes. Your returns since May 20th would have been 4 848€ (73% gain)1/10 of our position size would be the following
- DAX 1 contract (1€)
- US100 1 contract (1€)
- DOW 0.5 contract (1€)
- CAC 2 contracts (1€)
We have actually started a challenge called Marco Making the Million, the starting capital of this account is 5 000€.
We are now on week 1 and have made a 4.27% gain the first week. So there is no problem running our algos on smaller sizes.
Please tune in on our youtube channel to watch our weekly livestream: https://www.youtube.com/channel/UCmTrfqCi6-qdUZsn5ebOSCA
Enough advertising for now 🙂2 users thanked author for this post.
Sorry to hijack this thread again.
Starting January 17th (maybe January 10th) we are starting another trial period of our algos.
This means that you can backtest aswell as run all the algos in test for a couple of weeks to make up your own mind.Please go to prorealalgos.com/landing and enter your e-mail address to which you want to receive the algos.
BR / ProRealAlgos Team
1 user thanked author for this post.
I started this thread because just like you i was very doughtful.
I was given a trial period by prorealalgos to try all the algos and they didnt let me down, after the trial period i bought one algo.
I have made some money and lost some, but i do really recommend them.
Try the trial period and then base your decision off that
1 user thanked author for this post.
i choose dax m2 but after i bought it made some losses unfortunatly.
profit wise about 90ish %
1 user thanked author for this post.
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