Discuss OTSFx.com

[MonkeyBars]

Actually the myfxbook link and the fpa test account look the same to me. Just make sure to press the "balance" chart to see the same graph as fpa's test account.

As for the percentage, that is the "growth gain" rather than the change in balance. What I think happened is the account owner made deposits, thereby increasing the balance. I'm kind of guessing about that though.

So the growth gain and absolute gain are the important values. Technically, the account is up about 19% in the past 5 weeks or so. About 12.5% not counting compound growth (= absolute gain).

One of the cool charts on that site is "risk of ruin." Based on the trading history it makes an estimate of the chance of losses of various sizes! Kind of a good wakeup call that there is almost a one in four chance I could lose 10%. Sounds about right.

 

[jezrp]

i'm thinking of openign an account with otsfx , any advice ? i have $10,000 to invest ?

 

[MonkeyBars]

Wow this thing is really volatile. Since Thursday the account has dropped 14% and is about even since my entry. I'm kinda concerned that the trend will continue and I'll be in the red...

 

[jezrp]

Monkeybars do you have stats on fxbook? I'm seriously considering otsfx

 

[otsfx]

OTS Fx - Update -

please see next post

 

[otsfx]

Explain of Current Drawdown

The volatility faced on the account was due to a unbalanced created on portfolio relative to changes on pair correlations. We made all efforts to sustain the recover cycle, but at certain point it was at limit margin we allowed per pair and we decide to cut the losses to sustain the all portfolio itself.This was the most wise decision we can take, because holding positions expecting a reverse of market, sooner or later will have instead of 9% impact on portfolio, can have 90% and that we not allow.

This is the reason why so high DD was noticed on the account. Although all is resolved now, and we made the correct changes to this not happen again, or at least minimized the effect of one single cross over the entire portfolio.

We explained this to our clients last week,because is our aim complete transparency to client/manager relationship.

We believe we have a very good portfolio/system, that can produce average monhtly profit above the 15%, and is our aim to always explain to clients what is happening, changes we have intention to do.

To finish, is good clients give their opinions and comments, they are always welcome and help us to improve even better the systems/portfolio.

Thanks to all.

regards,

OTS Fx Team

 

[jezrp]

i've just left a review of OTSFX , any other otsfx customers willing to post a review about Telmo Pinto

 

[otsfx]

Alpari Statement from OTS Fx

First i´d like to thank the support of our clients and very warm comments.

We have received some questions regarding the statement provided at FPA from ALPARI Account- that was a small account with high risk profile, and was to demonstrate the behavior of the system with different risk profiles - the profit was +60% and DD 35% - so profit and DD are well correlated.

If client wants to use more aggressive risk profile into account this is possible in our Premier Accounts - they are managed individually and we can adapt the client risk profile.

Important is the Risk Profile we use on the ATC PAMM account is low/medium risk - which means DD of 10/15% and monthly average gains of 15/20%

Regards,

OTS Fx

 

[otsfx]

OTS Fx Update

After several emails regarding differences between OTS Fx statistics with FPA Team that best solution for now to see the most accurate reports statistics is to visit :

http://www.myfxbook.com/members/Oceantrading/ots-fx-fund-international/100986

Best Regards,

OTS Fx Team

 

[otsfx]

Performance Update

We are now hitting all time highs on PAMM Account.

Since April : +51.39%
Month Average Profit : 8.45%

For more details please visit us at OTS Fx - Trading Easy. Delivered