Saturday, December 7, 2013

Signal Provider Mercury Fx

Last update: 2.01.2012

Mercury Fx is a commercial expert characterized by very high profitability rates and high risks.Mercury Fx system is managed by a group of professional traders of the financial markets. Mercury Fx promises high profits to those investors who are ready to perceive overwhelming drawdowns and follow the operating instructions of this trade system.
Expert description: "1)CONSERVATIVE settings: 0.01 micro lot ($0.1/pip) for $1,000 account. For $10,000 account, use 0.1 lot ($1/pip). For $100,000 account, use 1 lot ($10/pip) 2) AGGRESSIVE settings: 0.02 micro lot ($0.2/pip) for $1000 account. For $10,000 account, use 0.2 lot ($2/pip). For $100,000 account, use 2 lot ($20/pip) 3) DO NOT use our trading system if your account is less than $1,000 4) The maximum number of trades is 8 4) We only need 40% winning trades to break even and 50% winning trades to make a killing in the market. We makes approximately 20 trades per weeks to obtain proper statistical probability on our side. All our trades are placed with fixed stop loss and take profit. Don’t increase your trading lot size when we are winning. The best time to increase the trading lot size is when we are losing. Wait for us to go through a drawdown of 2,000 pips to double your trading lot size. Check our performance history to see how often they go through drawdown. Be patient as a drawdown period will end. If you are waiting to enter the system, also be patient as our wining streak will end sooner or later. Wait until we go from wining to losing and then start trading with our system. Practice safe money management by being able to withstand a drawdown without panicking. We want you to make money so that you continue to be our loyal subscribers."

Mercury Fx has published a relatively large amount of rules but they promise high profits to those investors who are ready to follow those instructions. We will comment some of them: 1) Maximum drawdown of your profit in this system is 2500 pips. Having 8 concurrently open deals the investor loses 4.000 dollars for each lot. After such a drawdown the capital of the investor who followed the rules Capital Management (in the format of 1 lot for each $10.000) loses 40%. Undoubtedly, the system showed excellent growth after the drawdown, so that all losses have been compensated, but resisting such losses without crossing the system out from your portfolio is extremely challenging psychologically. Trading at FOREX market with a credit leveraging is not suitable for every investor as it involves high risks for the capital. 2) The commercial expert doesn’t imply that the investor has to guess the turning point from the negative tendency to the positive one. Join the system only if you count on long-term working with Mercury Fx. The amount of concurrently open deals doesn’t change and is equal to 8.
The diagram of monthly profits demonstrates that very profitable months are interchanged by low-profitable or even lossmaking ones. The system generates income in an unstable manner.

The graph of drawdowns of Mercury Fx shows that all the lossmaking deals are closed simultaneously. Such a graph proves excellent capital management on the commercial expert behalf and observing the established rules for stop-limits. This commercial expert is trustworthy but just to be safe you need to put the stop-limit of 110 pips in the extended portfolio settings.
Judging by the slippage level the best broker for this commercial expert is AAAfx (taking into consideration that there is no additional fee for the broker).

We put this expert into the category of extremely high risks with the prospective profitability rate of 120%-230%.

This commercial expert is the most suitable for high-risk portfolios intended for long-term investments.

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