Hi,
I am new here. I have followed signal providers from signaltrader on demo account in April and decided to launch a real account on May 15th.
I started with 3500USD and a mirror of 1:2 with BubeGBP. I realized very rapidly that 3500 was not enough considering the risks taken. I added 1500USD but GBPUSD went down pretty sharply at the end of May so I had to close all the opened positions manually. I had gained about +500USD at that time but ended at -31USD after that. If you look at the historic of BubeGBP, they added 10000USD not to be bankrupted. I would have been too if I had not closed them manually.
I decided to stop with BubeGBP as it puts its TP at 45 pips, which can be far to reach during a big opposite trend like in May.
I then mirrored Bubetrade, with a closest TP threshold (around 35 pips), still on GBPUSD, also on USDCAD. It is less stressing but as it also is an arranged martingale system, the risk is still huge. I added some cash on my account, I am now at around 10000USD but I chose the lowest miror ratio: 1:20.
Looking at the historical data of Bubetrade, you can see two crazy periods in November and December of 2011. At each time, summing all the opened positions, it reached 260 lots! It does not look good but these periods do not differ to the one we saw in May on this pair so we can guess they changed the strategy.
I also remarked that BubeGBP is almost completely automatized, until recently with the crazy things that happened on the EURUSD positions taken. But Bubetrade is semi automatized. Positions are often closed manually. It looks like there is more attention and careness given to this account.