FFEA2 (by FFEA) Quick Stats
Gain: +188.9%
Drawdown: 93.74%
Pips: -21931.0
Trades: 12209
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Unknown

Full Report

User's Page

Message

Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
FFEA2 Discussion
ciccio

Member Since Jul 16, 2010  52 posts ciccio Aug 02 2010 at 12:03
hi can I have information of FFEA 2?

where can I have this system??

stevetrade

Member Since Oct 28, 2009  1060 posts Steve Boardman (stevetrade) Aug 02 2010 at 12:16 (edited Aug 02 2010 at 12:18 )
Try reading the description. Couldn't really be easier in my opinion.

It's a martingale system

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Aug 02 2010 at 12:21
It is martingale, watch out!!!

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
FFEA

Member Since May 31, 2010  3 posts FFEA Aug 02 2010 at 14:25
http://www.freeforexexpertadvisor.com

This is a martingale system. Demo, demo, demo. Patience, patience, patience.

Restrict total orders based upon your account balance. It is tempting to want to increase the initial bet size when you are having a bunch of small winners. Don't. The betting system is exponential, you must have the capital to do this.

Give yourself enough extra margin to manually trade back on reversions from a losing position. The goal being to make a bigger gain or take a smaller loss.

I sometimes take profit early manually. when I do this I also manually adjust the take profit of thr remaining open orders if necessary to avoid a loss.

You must take responsibility and be aware of your money management. The truth is that just about any system will be profitable if you use proper money management with it. You must know how much you are betting. How big of a point turn against you you have before a margin call. Once you know this you must accept the risk you have chosen. Even if you have a fully automated system that handles MM automatically you should make yourself aware of the risks it is taking on your behalf.

My first fully automated EA will be ready to demo soon!

Best Luck Trading,
Christopher


Please login to comment.
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Features About FAQ
Forex Broker Spreads Systems Expert Advisors API Blog Help
Streaming Forex News Strategies Signal Providers Translations Twitter Contact Us
Community Outlook Contests VPS Services Mobile Facebook Report A Bug!
Widgets EA Programming        
RSS          

Site Map  |   Terms & Conditions  |   Privacy Policy
©2011 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
*GFT is a sponsor of myfxbook.com for advertisement purposes only. GFT does not endorse any other products, services, or companies represented on myfxbook.com. The views of myfxbook.com and all other parties contained therein are not necessarily those of GFT, and GFT makes no warranty as to the accuracy of information provided.