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Turtle EUR

Dear Traders,
Turtle EUR closed in stoploss today after days of agony.
I wanted to thank all of you who believed in my system until the last moment and I’m so sorry for those who lost money.
Turtle’s account will be automatically closed in the next few hours.
I will open two new accounts, in the first I will continue to use Turtle with different settings, while in the second I intend to use a completely different strategy.
These systems will remain in the testing phase for six months, we will see at the end if they will be profitable or not.
I will keep you informed, this blog will continue to exist and sometimes I will post updates with the results of my new strategies.

Greetings to all of you
Andrea

Published inForex

12 Comments

  1. Ahmed Ahmed

    Any strategy that you will use it will need a SL on each trade. Using martingale or semi martingale will fail one day or the other

    • Andrea Lanza Andrea Lanza

      Hello,
      I intend to carry out two strategies, the first will always use the recovery system with different settings, the second will certainly use stoploss.

      Regards
      Andrea

  2. Mac Stef Mac Stef

    days of agony

    that fits!
    Thank you Andrea for the time an the conversations.
    Bye!

  3. Sergio Sergio

    Sorry Andrea, you specified that you had a manual hard Stop Loss at -30% Draw Down whenever it was reached (your words: “The 30% drawdown is a limit that I have imposed on myself, if it happens, the operations must be closed manually.”). Clearly you failed to your words and all the ones that were following you. Very difficutl to trust again on a trader that do not follow its own rules.

  4. i lost so much !!!! most of my savings ! i will never follow ur trading ever again !

  5. Vittorio Vittorio

    To all the subscribers:
    System has been profitable for almost 4 year, everyone of us who decided to follow Turtle Eur strategy knew risks and advantages.
    Last, but not least, you should have used only the amount of money that you were ready to lose; this means that no economic disaster should have happened following money management rules.
    Your money is in your hands; be ready to lose it before to be ready to make profits.

    • Sergio Sergio

      The tarder clearly stated that at a loss of 30% of the balance, he would cut the trade. There was a hard stop loss imposed by himself and the trader did not respect it. winning for 4 years and then lose everything becasue you brake your own rules values zero. The risk was know as you say and it was a maximum of 30%. That was borken by the trader and failed to all its followers.

  6. deli deli

    hard stop loss at -30% dd. ridiculous. you failed forever, no matter how many accounts will you open.

  7. James Malloch James Malloch

    Thanks Andrea,

    Although I lost heaps of money I have faith that you’ll return to the screen with an upgrade. I now understand that there are strategies that can be in place to guard against what has happened.
    Can you let me know when you are back in play so I can link in to your system again?

    Regards – Jamie

    • Andrea Lanza Andrea Lanza

      Hello,
      I’ve been testing a new strategy for almost three months now, it’s called “Turtle Safe” and it’s completely different from the previous Turtle EUR.
      This new strategy uses Stoploss, so it is safer, the risk level I use is 5%, if for those who copy me it is too high, it can be reduced by using the multiplier, for example by using a multiplier of 0.5, the risk will be cut in half.
      Currently my new strategy is present on signalstart (https://www.signalstart.com/analysis/turtle-safe/179002) and on mql5 (https://www.mql5.com/en/signals/822137).
      I hope soon to be able to get it into the myfxbook autotrade system, I will write a post when this happens.
      I’m sorry for your loss, unfortunately the same thing happened to me and so many other investors.

      Regards
      Andrea Lanza

  8. Michele DG Michele DG

    Hi Andrea,
    Is this new strategy always from the Recovery Pro expert or is it another one?

    Thanks

    • Andrea Lanza Andrea Lanza

      Hello,
      no no, this signal uses different EA of the fxAutomater family but the strategy is completely different.
      It is a portfolio with different strategies and all with stoploss, so it is definitely a safer signal than the old Turtle EUR.
      The risk level is 5% for each open trade, this level can be reduced by adjusting the multiplier in case of copying my signal.
      It is currently being tested for approval in myfxbook’s Autotrade system and I hope it will be approved soon.

      Regards
      Andrea Lanza

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