EZ Trader PRO (By eztraderpro)

Gain : +83.03%
Drawdown 24.93%
Pips: 896.4
Trades 118
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Unknown

EZ Trader PRO Discussion

Oct 09, 2013 at 23:06
1,853 Views
22 Replies
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Nov 20, 2013 at 16:53
Here is a great article at DailyFX of why Forex traders lose money. In short, traders lose because of the risk vs reward.
https://www.dailyfx.com/forex/fundamental/article/special_report/2013/01/03/forex_analysis_why_do_many_traders_lose_money.html
Gendam
forex_trader_65569
Member Since Feb 13, 2012   85 posts
Nov 23, 2013 at 05:18
Nice chart but where have you been during May,Jun,Jul and October ?😄
Member Since Oct 09, 2013   4 posts
Nov 24, 2013 at 07:35
May Jun Jul the system wasn't running.

For October no trade opportunities. Due to US government shutdown.
Member Since Jul 04, 2011   1 posts
Jan 05, 2014 at 07:58
Can you explain the DD of 26% when there are no registered losses? Thanks
Member Since Oct 09, 2013   4 posts
Jan 06, 2014 at 06:35
tzkennedy posted:
Can you explain the DD of 26% when there are no registered losses? Thanks

Yes, you don't have to have a lost trade in order to have DD... DD isn't what a trade closed at in loss. It was just from an open trade at some point in time.
Member Since Jul 16, 2012   55 posts
Jan 06, 2014 at 07:49
Drawdown is a registered value that an EA can produce. It can actually be higher than the advertised value due to the periodicity of mt4 updating to the MYFX servers.

However, eztraderpro is correct. You do not necessarily have to have a losing trade for drawdown. It is only the an approximated value when the system was captured and posted to myfxbook.
I do not follow the path of others, I create my own path and leave a trail behind me
Member Since Oct 12, 2010   18 posts
Jan 07, 2014 at 01:07
trade auto trade with myfxbook
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Feb 04, 2014 at 20:20
dd or foating seems a litle high compared to the monthly profit, but will keep an eye on it
Member Since Nov 18, 2013   154 posts
Feb 28, 2014 at 17:37
today opened a position for 10 seconds and then closed again. have no error message is closed by ez trader again ... someone that had today?

welcomes feedback
Member Since Oct 09, 2013   4 posts
Mar 01, 2014 at 09:28
That's right.
Member Since Nov 18, 2013   154 posts
Mar 01, 2014 at 22:09
Two hours later, another position open and close. strange that so it goes. what is the problem. so I only make loss .....
Member Since Nov 18, 2013   154 posts
Mar 01, 2014 at 22:09
Two hours later, another position open and close. strange that so it goes. what is the problem. so I only make loss .....
Member Since Sep 15, 2011   20 posts
Mar 06, 2014 at 17:07
Dear eztraderpro

Since I can see that the floating DD has reached at least 31.93% as of today-
Can you please advise what the stop loss value placed with each trade is in pips please?

What I need to know if it can reach 100% some day if the SL is not there.
This is typically what EAs with no losses do in the long run and I hope you software is not in this category where one day the dreadful MC arrives.

Is this a trade copying system controlled from your server or will it trade on it own from my computer?


eogorman@
Member Since Nov 18, 2013   154 posts
Mar 08, 2014 at 10:59
hello,
Now you can see what this is for EA. question three times now, why my positions open and then close in losses. it does not matter whether you make lose or win.their answer not. get only answer that it is true that they are closed.

read back their answer.....bad service
Member Since Oct 09, 2013   4 posts
Mar 10, 2014 at 07:35
Hi if you guys need help email support@eztraderpro.com I do not frequently check here.

If your positions closed in lost, it was because you used improper lot size or your broker caused an issue. Happy to help please e-mail me.
Member Since Jun 25, 2014   18 posts
Aug 22, 2014 at 07:56
Hi I bought this system, however it is not doing much at all and forget to get your money back either. They let you wait and wait until it perhaps does anything then it is too late and you can not get any money back. Forget it this is a waist of money!!😭

I demanded my money back and did not get a respond, besides of that it is now too late as I was waiting for it ti run. As you can see from the chart it has not been doing much at all during 2014 so far.

Frustrating
Member Since Nov 29, 2013   99 posts
Sep 19, 2014 at 13:23
it seems a hold a pray EA. 2% return and 30% DD.....
Member Since Sep 15, 2011   20 posts
Oct 12, 2014 at 12:04
yes the SL appears to be ~ 120 pips and with a recent lot size = 2.84 then my account loss could hit 120x10x2.84 ~ $3400 ?


eogorman@
Member Since Aug 16, 2011   2 posts
Jan 26, 2015 at 20:09
this could be the first losses . Another 50 pips to SL
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Mar 15, 2015 at 16:21
another ridiculously high risk system
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