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
Turtle EUR
Published inForex
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
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
days of agony
that fits!
Thank you Andrea for the time an the conversations.
Bye!
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.
i lost so much !!!! most of my savings ! i will never follow ur trading ever again !
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.
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.
hard stop loss at -30% dd. ridiculous. you failed forever, no matter how many accounts will you open.
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
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
Hi Andrea,
Is this new strategy always from the Recovery Pro expert or is it another one?
Thanks
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
Thanks for your prompt answer…mine maybe a little less 🙂
May I ask you which of the fxautomater family do you use?
Thanks as always in advance
Hello,
the engines are the forex COMBO system, Omega Trend EA, WallStreet GOLD Trader, WallStreet ASIA Evolution, Wallstreet Forex Robot Evolution.
I don’t use the default settings but my personal settings.
Furthermore, these engines operate at specific times, it took me a long time to make this strategy profitable and for the moment I prefer not to make my backtest data public.
For those who wish, they can use my signals to copy my strategy.
Best regards
Andrea Lanza
Ciao Andrea,
I can see the history of your new “Turtle Safe” but I continue to see that there are no SL for the 99% of the position you did open.
Why?
Hello,
the stoploss exists, is internal to the strategy and is managed by the expert advisor.
I prefer to use this system because I read somewhere that in some cases the visible StopLoss levels could be attacked tendentiously by algorithms that some unethical brokers could use.
However, I do not consider it a problem, the strategy runs on a VPS machine and I have never encountered any problems.
Regards
Andrea Lanza