Latest / Financial Survival Network / Puli Trading - A Transparent Forex Trading System --Reuben Mettinson #5899
Transcript
- 0:00Yeah, So it's a very very complex algorithm. And I know that term
- 0:04is thrown around a lot these days, and this automated bots and this tradeing
- 0:08bots and as all these things. Our system really really is complex and how
- 0:13it works. And in a shell, the system is made up of three
- 0:18different types of trading strategy. So you have a strategy which aims to do
- 0:23a continuation strategy of the trend in the market. You're listening to carry Lets's
- 0:28Financial Survival Network where you get valuable information. You just can't find anywhere else
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- 0:44newsletter in gift Financial Survival Network now more than ever. And welcome you are
- 0:55listening to watching the Financial Survival Network. I'm your most carry Loves. It's
- 1:00September eleventh today, so we just want to express our appreciation of the day
- 1:06and I hope that everyone is doing well. Right now, we've got Ruben
- 1:11Mattinson on with us. Rubin is a master a digital marketer. It was
- 1:19very wealthy by the time you hit thirty now involved with a company called Pully
- 1:23trading, as he calls it, an investor's best friend, an honest,
- 1:27transparent, a long term for X trading opportunity. All right, many people
- 1:34make this claim, Reuben, why is yours true? Great question? Karl,
- 1:38firstly, thank you for having me on today. So I guess what
- 1:46I believe sets us apart is what I've kind of strived for the last ten
- 1:49years, which is transparency, proof of all trades that have been executed,
- 1:57but also regulation because I think the It's market is a bit of a wild
- 2:00West out there, and I think you've got to have those things in place.
- 2:04You've got to make sure where you put your money is safe, and
- 2:07you've got to make sure that there's proof. I've ever sen that's happening.
- 2:09So, in a nutshell, I guess that's it. Okay, So what
- 2:14I'm looking at here in your master account thirty three percent gain and exactly till
- 2:21when draw down fifteen percent daily, point zero nine percent, monthly two point
- 2:27seven five. That's pretty remarkable how long you've been doing that for. So
- 2:31that system has been running for about nine months now. What we did was
- 2:37we ran our kind of initial trading algorithm for six months, and then we
- 2:43had a bit of a gap where we re established, retested, reprogrammed,
- 2:49so kind of in the first six months we did about forty percent gain in
- 2:53those six months, and then we've kind of had the system off on the
- 2:57boney really just switched it back on about update. But yeah, you can
- 3:00see all the data there in front of you, and you're right in saying
- 3:06so far around thirty percent of about sixty seven months of full trading that's been
- 3:10done. But you do have some ups and downs, so you're right,
- 3:14yeah, yeah, So obviously in the all the four acts, you've got
- 3:16to be pretty robust. You've got to be very measured in your risks.
- 3:21You've got to be ready to have draw down and kind of survive that draw
- 3:25down to kind of get the gains in the future. And I think there's
- 3:30no will being pulled over anyone's eyes and what we do like there will be
- 3:34losing months, will be losing periods even but obviously we aim to have just
- 3:38a very profitable medium to long term outlooking what we do. So what's the
- 3:45worst month you've had? So I think the worst month you can see there
- 3:49on the data, I believe is for minus four percent and our best month
- 3:55is near twenty percent, So that's month by month. As you can see
- 4:00though, that we've had a drawn down a fifteen percent, which means we've
- 4:03had a pullback of fifteen percent of a balance before it's recovered at some point.
- 4:10But obviously from month to month it's recovered within whatever month that that happened.
- 4:14And so what is the system that is? How do you achieve these
- 4:17results? Yeah, so it's a very very complex algorithm. And I know
- 4:23that term is thrown around a lot these days, and this automated bots and
- 4:27this trading bots and as all these things. Our system really really is complex
- 4:31and how it works. And in a nutshell, the system is made up
- 4:36of three different types of trading strategy. So you have a strategy which aims
- 4:42to do a continuation strategy of the trend in the market. We've got a
- 4:46pullback strategy as our number two style, which is looking for a pullback within
- 4:54a trend. And then we've also got a swing strategy as well, which
- 4:58is looking for swings in the market. And these three strategies are traded across
- 5:02eight different currency pairs, one of them being gold to the US dollar.
- 5:06So all than all, we have three strategies running on eight pairs, so
- 5:11we actually have twenty four strategies running simultaneously twenty four five of the forex market.
- 5:17And what our system is doing is it's looking for these long term opportunities,
- 5:21but the opportunities are so high quality and so select the last system,
- 5:26even though it's analyzing twenty four strategies twenty four five that only executes on average
- 5:32about eight trades a month. That's how selectib it is. So we go
- 5:36for quality over quantity, obviously, and we go for the bigger kind of
- 5:41market movements and high quality setups rather than kind of the usual rubbish you quite
- 5:46often catching the forex space which is kind of scalping things or in and out
- 5:50or kind of kind of small gains, very poor Rister award ratio. We
- 5:55aim for a very good Rister award of average of one to two point five
- 6:00on Rister award, and our biggest trades going away up to like one to
- 6:03ten on a Rister award as well. Okay, so what's your best month
- 6:10that you've heard so far? Yeah, so our best month was around twenty
- 6:14percent. I think it was just shot of twenty and I think you can
- 6:18see that on the days. If you go back to twenty twenty two,
- 6:21I think we had around a ten percent month than a twelve percent month,
- 6:27and we had a small kind of break evenish month, and we had a
- 6:31round I think eighteen to twenty percent, and that's pretty much sure it peaked,
- 6:36and then we started to rework on our algorithm at that point, so
- 6:42we started to run trades just on gold instead of all across eight currency paths,
- 6:46which you can see by the results are kind of a little bit less
- 6:49of what they were doing previously. And we've only just switched that back on
- 6:54last month as we launched out to the public, because we wanted to make
- 6:58sure it was kind of exactly how we wanted it to be before we put
- 7:01it out there. Gotcha, Okay, So how hard is this system to
- 7:08do? I would say immensely hard. It's taken personally ten years to get
- 7:15to this point where I've been able to develop something like this. I've been
- 7:18studying, learning, testing, trying for over a decade the system and the
- 7:24company itself. It's taken well over a year since we started this company since
- 7:29we've got to this point. And this latest algorithm took five months of full
- 7:34time work of developers working on it, mathematical prodigies behind it. I'm not
- 7:40going to lie and computers running twenty four seven for five months analyzing, optimizing
- 7:46testing. So it's been an immensely complex project an algorithm to create and make,
- 7:53and it's my patented technology which I own under my name. No one
- 7:56else has it in the world. No one else has anything like this algorithm,
- 8:01which I guess is what makes as very special as a company as well.
- 8:03So under what circumstances does this thing lose money? So our trades have
- 8:11a tight stop loss on every single one of them, so as a predetermined
- 8:15risk. So our worst risk you're going to see is around two percent loss.
- 8:20So if we had a trade that lost, you're going to lose two
- 8:24percent of your balance. If we had consecutive trades losing back to back at
- 8:28the maximum risk of around two percent, obviously you're going to keep losing that
- 8:31two percent. But as you can see, historically we've only ever lost fifteen
- 8:37percent before of a recovering and that is because our winning trades are much larger
- 8:41than our losing trade, so we can be functioning at a really a forty
- 8:45percent success rate and still be very profitable in our strategy because of that risk
- 8:50to reward. But of course that happens. But the good thing is if
- 8:54there was a huge market swing against us, it would hit our stop loss
- 9:00before it would go any further. But what happens when it goes past your
- 9:03stop lost? There are times where the market gaps and then your stop isn't
- 9:09any good, right, Yeah, It's very rare in the forex market due
- 9:11to just a very very high volume of liquidity and the large liquidity providers that
- 9:16and we're dealing with. It would take a catastrophic drop and a huge wipeout
- 9:22of liquidity, which would maybe happen under circumstances you know black swan events where
- 9:28like you know, we saw the Swiss Frank do that in the past,
- 9:31where it literally bombed, and that would be then down to the level of
- 9:35liquidity of the brokerage that you work in with and whether they can fulfill your
- 9:37stop loss in your price. But those events are obviously very very rare and
- 9:43very far and teer between. So so black swan happens, you're basically screwed.
- 9:52Yeah, I guess that's probably the worst thing that could happen. In
- 9:56the forex space, and again it would be down to I mean, the
- 10:00brokers that we work with have very very high liquidity, so i'd hope that
- 10:05they would still honor the stock loss price in a lot of the circumstances.
- 10:07But yeah, that is a good way to look at it, all right.
- 10:11So but you know, we know that these black swan events happen,
- 10:16So what are the odds of a black swan? Is it one in a
- 10:18thousand, is it one in ten thousand? Uh? Well, yeah,
- 10:24I would say the last black swan of any major currency was the Swiss franc.
- 10:33This was quite a long time ago now, and because we only trade
- 10:37typically major currency PAZ, it would take for an entire country's economy to crash
- 10:43beyond all measure against another currency. So you know, we're trading Australian dollar,
- 10:50US dollar, Canadian dollar, the euro, gold, and we do
- 10:54trade Swiss frank Japanese yen, so they're huge, huge economies, so it
- 11:01would take something extraordinary. So yeah, I wouldn't know that that's exactly carry
- 11:05off the top of my head, but I would say since I've traded in
- 11:09the last decade, that hasn't been a single one really that I've been involved
- 11:13in, so not in my kind of lifetime of trading, all right,
- 11:18But I guess the point is we haven't totally eliminated risk. You've reduced it
- 11:26probably to manageable levels, but you know, risk is still present in everything
- 11:33you do, right exactly, and I think that's so important to know.
- 11:37And again, as a company, we we like to be really clear with
- 11:39that as well, that we don't want people to invest more than they can
- 11:43afford to lose. You know, we don't want people to put all our
- 11:46exam on basket. You know, the usual wise proverbs that come in investing.
- 11:50So yeah, I'm very very keen for people to be aware of that.
- 11:54So for subscribers, are they just getting a feed from your algorithm basically,
- 12:03and it's they're getting buys and cells coming. How many they get a
- 12:07day? Yeah, that's right. So it is really as simple as a
- 12:11client signing up to our affiliated broker who are fully regulated globally, their money
- 12:16is deposited and start in a fully regulated online financial institution as well, and
- 12:22then our system will connect to their balance and our trades will be copied over.
- 12:26Just like you were saying, Carrious, that they'll get the buys and
- 12:30the cells coming across from our algorithm. As far as how many happened a
- 12:33day, we can only really talk monthly, as I mentioned, So we're
- 12:35looking, as I say, about eight trades a month on average, but
- 12:39you do have months where you have more than that, you know, ten
- 12:41fifteen trades. But as I say, our system is a lot more selective
- 12:48than I would say ninety nine percent of the other vox systems out there that
- 12:52I've seen or I've book up a grass all right, So if you want
- 12:56to find out more about this, how do we get in turn with you?
- 13:00How do we connect with you on the web? How do we sign
- 13:03up? Yeah, so best part of call, I would hop onto our
- 13:07website which is fully Trading, which is Puli Trading dot com. You'll be
- 13:11able to track all of our results that which you were just tooking talking about,
- 13:15which is you know, the party Verify. I'd you'll be able to
- 13:18see some really useful video clips on our YouTube channel meet the team. You're
- 13:22able to hop onto any live zoom calls in the future as well, and
- 13:26I kind of get a good gistism what we're about, So hopefully that'll have
- 13:30a good overview of what we're doing there. All right, Hey, we
- 13:33really appreciate you coming on. Always looking for new systems that have an edge,
- 13:39which yours certainly appears too. If you've got a question for Reuben or
- 13:43myself, you can shoot me an email k L at Kerry Lets dot com.
- 13:48We'll get you an answer quick. Check out the link. It's in
- 13:52the show notes this interview on Financial Survival Network dot com. You can get
- 13:56right to Reuben's site, and while you're there, sign up for your free
- 14:01newsletter by Reuben. Appreciate you coming on. We're going to take a closer
- 14:05look at your system, and we'll have you back on at some point.
- 14:07Thank you so much. Carry thanks for listening to carry Lets's Financial Survival Network,
- 14:13your solution to today's trying times. For the latest, go to Financial
- 14:18Survival Network dot com. Financial Survival Network now more than ever