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PXB - Pegasus FX

WHO WE ARE
Hello and welcome to Pegasus FX. We allow investors the opportunity to generate returns by investing in our trading strategies which operate on the Forex market. We currently have two Darwins operating on the Darwinex exchange YBE & PXB.

OUR STRATEGY
Our trading strategy combines Breakout & Volatility Analysis. Some of the oldest, simplest and most successful trading systems we believe are breakout systems. We trade breakouts on corrective wave pattern price levels within selected markets.

By focusing on these types of volatility breakouts, our aim is to get in on the side of the momentum of the market. This enables us to either trade with an established trend or catch a reversal in the market.

We use dynamic Stop Loss management on all our trades that enable us to lock in profits and minimize losses.

Both YBE & PXB Darwins incorporate our Breakout Analysis methodology. They differ in terms of the input parameters used within them i.e. profit targets, dynamic stop loss distances, time frames traded and so forth. YBE trades on average between 10 to 15 times a month while PXB trades between 3 to 5 times a month.

DARWINEX
The legal framework Darwinex provides traders like ourselves to access third-party capital is an exceptional opportunity in this day and age that we are all fortunate to benefit from.

Not only is Darwinex a great trading platform but also an excellent community. I have learned a lot myself just from reading numerous Darwinex community topics. I hope and aim to contribute to the community via this thread, by sharing the Pegasus FX trading journey.

This is a marathon, not a sprint. Drawdowns and periods of losses are inevitable. Our aim is to be consistent with our trading strategy so that our edge can play out over the long term.

FURTHER INFORMATION
We are here to provide you with more information and answer any questions you may have. We look forward to hearing from you.

www.pegasus-fx.com

4 Likes

Hello @PegasusFX4,

Wish you the best for your DARWINs !

Hello SECURIX. Thank you much appreciated

1 Like

DARWIN NAME: YBE

YBE SUMMARY
YBE APRIL 2019 TOTAL: [+6.39 %]

YBE APRIL 2019 REVIEW: YBE strategy had a good performance this month with a return of +6.39%. Strategy caught 3 good breakouts which hit full TP and offset our losses for the month by utilising positive asymmetric risk reward ratio we implement across all trades. At one stage the strategy was up +9% for the month but suffered a couple of losses towards the end of the month. Losses would have been more but our dynamic Stop Loss management minimised these potential losing trades to break even. YBE strategy is up to +10.54% for the year (*at time of writing)

YBE 2019 ANNUAL TOTAL: [+10.54 %]

YBE DARWIN GRAND TOTAL: [+14.83 %]


DARWIN NAME: PXB

PXB SUMMARY
PXB APRIL 2019 TOTAL: [-0.26 %]

PXB APRIL 2019 REVIEW: PXB strategy suffered a small loss of -0.26% this month. Although not a positive month we are satisfied with just a small loss. The use of our dynamic Stop Loss to lock in small profits for trades that broke out but didn’t reach their respective Target Profit helped offset the losses we had on this strategy for April. PXB strategy is slightly down to +6.72% for the year (*at time of writing)

PXB 2019 ANNUAL TOTAL: [+6.72 %]

PXB DARWIN GRAND TOTAL: [+6.72 %]

2 Likes

DARWIN NAME: YBE

YBE MAY 2019 TOTAL: [+0.87 %]

https://res.cloudinary.com/dsgkdgb0i/image/upload/v1559316096/YBE_-_31.05_p3cj9w.png

YBE MAY 2019 REVIEW:
YBE strategy made a small gain of +0.87% for May 2019.

There was a total of 13 trades this month. Two trades hit full TP to help offset 6 losses suffered, the strategy benefitting from our positive asymmetric risk/reward setups.

Our Dynamic Stop Loss management helped us lock in remaining 5 trades to above breakeven point, mitigating potential losses as well as generating small returns which ultimately aided YBE strategy in ending this month positively.

Two of the losses YBE strategy suffered where due down to slippage which, even though is a part of trading, is still frustrating. These two slippage losses cost the strategy -3.26%

On our EA�s, we use a slippage control function for our PXB strategy that makes the dynamic stop loss management we utilise help offset slippage by locking in trades earlier to breakeven (* done by factoring in how much price has slipped on entry). This dynamic slippage control works well on PXB strategy because PXB trades on higher timeframes & has larger profit targets, which gives the dynamic stop loss more room to manoeuvre. However, YBE strategy trades on shorter time frames with smaller Take Profit targets, which means the dynamic SL function has shorter distances to move.

If we had applied the slippage control function on YBE strategy this month, we would not have lost those two trades and ended the month +4.13% instead of +0.87%

The reason we do not utilise the slippage control function on YBE strategy is the concern that it could potentially close potential winning trades too early to break even, thus not giving them the room to move and hit full TP, which is integral to our asymmetric risk/reward trade setups. Another reason why we do not use slippage control function is that trades that are affected by slippage do not happen too often. Since September 2018 when we started, we have made 119 trades on YBE strategy and this slippage problem has occurred 4 times. (*We record all of our trades in a trading journal)

What we plan to do from June next month is trade YBE strategy on a private live account (via Darwinex) using the Slippage control function on the Dynamic Stop-Loss. We will run this until the end of the year (7 months total) and compare the results to see if this is something we should consider implementing into YBE strategy for 2020 and onwards.

YBE strategy is up slightly to +11.77% for the year. Drawdown remains at -11.99%

YBE SUMMARY
YBE MAY 2019 TOTAL: [+0.87 %]
YBE 2019 ANNUAL TOTAL: [+11.77 %]

YBE DARWIN GRAND TOTAL: [+15.83 %]

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/

LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy


DARWIN NAME: PXB

PXB MAY 2019 TOTAL: [+7.01 %]

https://res.cloudinary.com/dsgkdgb0i/image/upload/v1559316113/PXB_-_31.05_cyxets.png

PXB MAY 2019 REVIEW:
PXB strategy had a good performance this month with a return of +7.01%

4 breakout trades in total this month with 2 losses and 2 wins which generated the net +7.01% return, the PXB strategy utilising our asymmetric risk/reward framework. The last trade that hit full TP came yesterday on the last day of the month.

PXB strategy is up to +14.20% for the year. Drawdown remains at -5.39%

PXB SUMMARY
PXB MAY 2019 TOTAL: [+7.01 %]
PXB 2019 ANNUAL TOTAL: [+14.20 %]

PXB DARWIN GRAND TOTAL: [+14.20 %]

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/

LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

2 Likes

DARWIN NAME: YBE

YBE JUNE 2019 TOTAL: [+5.52 %]

YBE JUNE 2019 REVIEW:
YBE strategy had a good performance for June 2019 with a gain of +5.52%

There was a total of 10 wave formation breakout trades this month. 3 trades hit full TP, 3 where losses and the remaining 4 hit breakeven with the help of our dynamic Stop Loss management. Again we are able to benefit from the asymmetric RRR we adopt across all of our trades, cutting losses early and letting our winners run.

YBE strategy is up to +22.58% for the year 2019 and +27.03% in total. Drawdown remains at -11.99%

YBE SUMMARY
YBE JUNE 2019 TOTAL: [+5.52 %]
YBE 2019 ANNUAL TOTAL: [+22.58 %]

YBE DARWIN GRAND TOTAL: [+27.03 %]

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/

LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy


DARWIN NAME: PXB

PXB JUNE 2019 TOTAL: [+4.61 %]

PXB JUNE 2019 REVIEW:
PXB strategy had another positive month, following up from last month, with a gain of +4.61% for June 2019.

*There was only 3 trades for the strategy this month, with our tracking of specific wave formation support & resistance levels producing these 3 opportunities. 1 trade hit full TP, 1 was a loss and the remaining trade was locked in for a small gain, utilising our dynamic Stop Loss management which in turn covered the 1 loss we had. The 1 win was able to net us the +4.61% with PXB strategy utilising well our positive risk/reward framework. *

PXB strategy is up to +20.11% for the year 2019. Drawdown remains still at -5.39%

PXB SUMMARY
PXB JUNE 2019 TOTAL: [+4.61 %]
PXB 2019 ANNUAL TOTAL: [+20.11 %]

PXB DARWIN GRAND TOTAL: [+20.11 %]

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/

LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy


Finally I recently wrote a post on the Trading Topics Community page about bad trading habits and how I best manage them. I hope my experience can help other traders highlight their own bad trading habits they may have and how best to manage them. To read the post click here

Thanks for reading

2 Likes

Great job, @PegasusFX4 !

2 Likes

As always thanks for the positive words SECURIX :+1:t5:

1 Like

DARWIN NAME: YBE

YBE JULY 2019 TOTAL: [-3.85 %]

YBE JULY 2019 REVIEW :
YBE strategy suffered a losing month with a -3.85 % loss.

It was a tough July, with the markets we trade going through choppy price movements. The whipsaws in price action led to a number of false breakouts. Although our dynamic Stop Loss management helped minimize losses, we were unable to hit full TP more than once this month.

*There was a total of 17 volatility breakout trades this month. 1 trade hit full TP, 7 where losses and the remaining 9 hit breakeven which greatly limited our losses. (One of our breakeven trades was 1 pip away from hitting full TP which would have led to a positive month due to the RRR framework we use on each trade. Frustrating, but is part and parcel with trading).

UPDATES >> In my May post I highlighted that I would be monitoring my slippage control function. I have decided I will implement it from now on, as from a defensive point if view it helps limit losses better than having it switched off, my trading journal records have shown me.

*I have also implemented a multiple order function that I hope will increase YBE’s capacity. I read this post a while ago and that is what I will do now. So for example, instead of placing one order for 0.05 mini lots, it will place 5 orders for 0.01 mini lots each. *

YBE strategy is down to +12.81% for the year 2019 and +16.90% in total. Drawdown remains at -11.99%

YBE SUMMARY
YBE JULY 2019 TOTAL: [-3.85 %]
YBE 2019 ANNUAL TOTAL: [+12.81 %]

YBE DARWIN GRAND TOTAL: [+16.90 %]

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/


DARWIN NAME: PXB

PXB JULY 2019 TOTAL: [-3.11 %]

PXB JULY 2019 REVIEW :
PXB strategy had a negative month, with a loss of -3.11 % for July 2019.

*There where 5 breakout trades for the strategy this month. 1 trade locked in for BE (which for PXB is the same equivalent % as a loss) and the other 4 trades where losses. Again choppy price affected us, especially yesterday when whipsaws before the FOMC statement caused 2 of our 4 losses. *

PXB strategy is down to +15.75% for the year 2019. Drawdown remains still at -5.39%

PXB SUMMARY
PXB JULY 2019 TOTAL: [-3.11 %]
PXB 2019 ANNUAL TOTAL: [+15.75 %]

PXB DARWIN GRAND TOTAL: [+15.75 %]

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

INVEST IN PEGASUS-FX HERE: www.pegasus-fx.com/invest

2 Likes

DARWIN NAME: YBE

YBE AUGUST 2019 TOTAL [+2.17 %]

YBE strategy had a positive month with a gain of +2.17 %

Continuing on from July, the markets we trade continued to display choppy price action into August, with our dynamic Stop Loss function coming into good effect to limit losses.

We had a total of 12 volatility breakout trades this month. 2 trades hit full TP, 2 where losses and the remaining 8 hit breakeven which helped YBE strategy end month positively.

YBE Darwin has now completed first full year of trading, with a 12 month gain of +20.07%. I am very happy with this total, although it could have been better. Over the course of this year, I have made refinements to my strategy and the trading software (EA) used to improve the performance. I calculated that if I had these adjustments in place at the start of the year (Sept 2018) the Darwin would have made a further +10% return. You learn through trial and error though.

YBE strategy is up to +15.86% for the year 2019 and +20.07% in total. Drawdown remains at -11.99% (*at time of writing)

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/

​--------------------------------------------------------------------------------------------------------------------------

DARWIN NAME: PXB

PXB AUGUST 2019 TOTAL: [-0.88 %]

PXB strategy had a slightly negative August with a loss of -0.88 %

There where only 3 breakout trades for the PXB strategy this month. 1 trade locked in for BE (which for PXB is the same equivalent % as a loss) and the remaining 2 trades where losses. We have had 2 losing months in a row which is not uncommon for this strategy (partly because trade set ups are infrequent) so we just have to be patient during these periods and not deviate from PXB trade plan.

*PXB strategy is down slightly to +14.73% for the year 2019. Drawdown remains still at -5.39% (at time of writing)

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/

​--------------------------------------------------------------------------------------------------------------------------

LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

UPDATE >> I will be posting a short weekly update on both YBE & PXB Darwins. I will highlight different attributes of the Darwins, alongside the weekly performance.

1 Like

Weekly update on Darwin PXB

SUN 01.09.2019 - FRI 06.09.2019 [-0.14 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 01.09.2019 - FRI 06.09.2019 [-0.80 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

1 Like

Weekly update on Darwin PXB

SUN 08.09.2019 - FRI 13.09.2019 [+0.00 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 08.09.2019 - FRI 13.09.2019 [-0.14 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

1 Like

Weekly update on Darwin PXB

SUN 15.09.2019 - FRI 20.09.2019 [-2.07 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 15.09.2019 - FRI 20.09.2019 [-0.29 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

1 Like

Weekly update on Darwin PXB

SUN 22.09.2019 - FRI 27.09.2019 [+0.00 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 22.09.2019 - FRI 27.09.2019 [-1.31 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

2 Likes

DARWIN NAME: PXB

PXB SEPTEMBER 2019 TOTAL: [ -2.98 % ]

PXB strategy had a negative September with a loss of -2.98 %

There where 5 breakout trades for the PXB strategy this month. 4 trades where losses while the other trade was locked in for BE (which for PXB is the same equivalent % as a loss)

This is the third losing month in a row which not uncommon for this strategy based on backtesting and simulation results. However I am wary of the psychological impact for potential investors as it may be off putting to see months of losses. It is something that may require us to slightly tweak the strategy to tighten up the losses while still providing us good asymmetric returns.

PXB strategy is down to +11.31% for the year 2019. Drawdown is now at -7.33% (at time of writing)

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/

​--------------------------------------------------------------

DARWIN NAME: YBE

YBE SEPTEMBER 2019 TOTAL [ -3.15 % ]

YBE strategy had a negative month with a loss of -3.15 %

*We had a total of 17 volatility breakout trades this month. 1 trade hit full TP, 5 where losses and the remaining 11 hit breakeven. Slippage cost us a winning trade that hit breakeven which would have seen us end the month of September breakeven. Slippage needs to be factored into this strategy due down to how the dynamic Stop Loss operates, as these slipped trades do happen from time to time over the course of a year. I have also noticed that the divergence for this strategy is quite high already (*currently -0.32 %) which is a concern as this will negatively impact investors returns, and this I believe links directly to how the dynamic Stop Loss management is deployed on this strategy. We will monitor what happens in the long term.

YBE strategy is down to +12.22% for the year 2019 and +16.29% in total. Drawdown remains at -11.99% (at time of writing)

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/

1 Like

Weekly update on Darwin PXB

SUN 29.09.2019 - FRI 04.10.2019 [-1.21 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 29.09.2019 - FRI 04.10.2019 [-3.53 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

1 Like

Weekly update on Darwin PXB

SUN 06.10.2019 - FRI 11.10.2019 [+2.94 %]

PXB UNDERLYING STRATEGY


Weekly update on Darwin YBE

SUN 06.10.2019 - FRI 11.10.2019 [+5.02 %]

YBE UNDERLYING STRATEGY


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

2 Likes

Weekly update on Darwin PXB

SUN 13.10.2019 - FRI 18.10.2019 [+0.00 %]


Weekly update on Darwin YBE

SUN 13.10.2019 - FRI 18.10.2019 [-2.55 %]


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

1 Like

Weekly update on Darwin PXB

SUN 20.10.2019 - FRI 25.10.2019 [+2.77 %]


Weekly update on Darwin YBE

SUN 20.10.2019 - FRI 25.10.2019 [+1.13 %]


LEARN ABOUT OUR STRATEGY HERE: www.pegasus-fx.com/our-strategy

DARWIN NAME: PXB

PXB OCTOBER 2019 TOTAL: [ +5.13 % ]

PXB strategy had a positive October with a gain of +5.13 %

There where only 2 breakouts this month with both of them reaching full profit targets.

This is the first positive month since June, coming out of the drawdown we were suffering.
As I alluded to last month, I have slightly tweaked the profit targets which I believe will tighten up strategy and limit the drawdown periods/levels while still providing us good asymmetric returns.

PXB strategy is up to +17.02% for the year 2019. Drawdown remains at -7.33% (at time of writing)

VIEW PXB FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/PXB.4.3/


DARWIN NAME: YBE

YBE OCTOBER 2019 TOTAL [ +0.36 % ]

YBE strategy had a slightly positive month with a gain of +0.36 %

The strategy had a total of 16 volatility breakout trades this month. 3 trades hit full TP, 7 where losses and the remaining 6 hit breakeven.

YBE strategy is up slightly to +12.52% for the year 2019 and +16.58% in total. Drawdown remains at -11.99% ( at time of writing)

VIEW YBE FULL TRADE STATISTICS HERE: www.darwinex.com/darwin/YBE.4.21/

2 Likes