ShareForex Grid Trader V 1.0 (by sheriftaher) Quick Stats
The user has deleted this system.
Forex Grid Trader V 1.0 Discussion
| Subscribe to this topic | Previous 1 2 3 4 5 Next |
|
Member Since Dec 08, 2010 131 posts
Akinwale (leverconsult)
Jul 05 2012 at 09:34
Hi Sherrif,
Do you mind sharing the settings you use here? Do you decide which direction to trade or you trade both long and short at all times? Thanks for sharing Courage is not the absence of fear,but rather the judgement that something else is more important than fear |
|
|
Member Since Feb 15, 2012 160 posts
zyrt
Jul 05 2012 at 09:38
I think he uses default settings (0,02 lots) and I think this is VERY risky, he has to withdraw regularly
About direction I think yes he has 2 charts one long only one short only |
|
|
|
Member Since Dec 08, 2010 131 posts
Akinwale (leverconsult)
Jul 05 2012 at 09:55
zyrt posted: I think he uses default settings (0,02 lots) and I think this is VERY risky, he has to withdraw regularly About direction I think yes he has 2 charts one long only one short only Thanks zyrt. Do you think he runs both charts (long & short) at the same time? Right now Gbpusd is trending down and he doesnt appear to have equity drawdown. That suggests to me that he's right now trading only short- meaning some form of intervention. Open trades are private so we cant really confirm for now. Courage is not the absence of fear,but rather the judgement that something else is more important than fear |
|
|
|
Member Since Feb 15, 2012 160 posts
zyrt
Jul 05 2012 at 10:05
I think he runs the EA as it is designed to be, so, yes, 2 charts, one long, one short
He has probably quite high DD now But he plays too big money so he can continue like this if he withdraws, because soon or later, account will blow To be safe you must have 25000usd (use cents), starting 0,01 |
|
|
|
Member Since Jul 20, 2011 20 posts
soulfire
Jul 05 2012 at 15:39
Lever, we can see current equity on each account which gives a good clue.
I just took a quick look at Sherifs, Levers and the official real FXClearing account to compare http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047 Sherif Current equity = 100.98% so currently no DD. Official real FXClearing account Current equity = 97.08% so currently very small DD. Leverconsult demo Current equity = 58.75% - we can see you have 12 Buy trades in big DD. It looks like Sherif is using default settings same as the official account just with higher risk . Do you know why yours is doing so badly Lever? |
|
|
|
Member Since Feb 15, 2012 160 posts
zyrt
Jul 05 2012 at 15:56
And why Sherif has no DD? Maybe the EA has sell GBPUSD?
I also have big DD now Not worried as I have big equity and high leverage and the more DD we have, the more winning we'll have but still Also I dont understand how FXclearing can win so much starting only 0,01 |
|
|
|
Member Since Jul 20, 2011 20 posts
soulfire
Jul 05 2012 at 16:04
Zyrt is yours similar to Levers? Because the official account has just 3% DD now.
I think 1:1000 leverage has something to do with the good results on FXclearing ;) |
|
|
|
Member Since Feb 15, 2012 160 posts
zyrt
Jul 05 2012 at 16:28
Official account has 3% DD but he has 25K balance ! So, it is normal
I also have 25K balance in one of my 3 accounts Fxclearing doesnt have 1000 but 500 leverage And leverage doesnt affect results, just it allows to open positions with less money |
|
|
|
Member Since Dec 08, 2010 131 posts
Akinwale (leverconsult)
Jul 06 2012 at 12:34
soulfire posted: Lever, we can see current equity on each account which gives a good clue. I just took a quick look at Sherifs, Levers and the official real FXClearing account to compare http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047 Sherif Current equity = 100.98% so currently no DD. Official real FXClearing account Current equity = 97.08% so currently very small DD. Leverconsult demo Current equity = 58.75% - we can see you have 12 Buy trades in big DD. It looks like Sherif is using default settings same as the official account just with higher risk . Do you know why yours is doing so badly Lever? i use default settings,0.01 lot(1 pip=10 cents), fxprimus standard account on $2500. This was FGT guys recommendation. Is this too risky-pls comment everyone. thanks Courage is not the absence of fear,but rather the judgement that something else is more important than fear |
|
|
|
Member Since Feb 15, 2012 160 posts
zyrt
Jul 06 2012 at 12:39
Sure, if you use 0,01 and you want to stay months before blowing, you need at least 10-12K balance
On last 8 months maximum DD, starting 0,01, was 9-10K Personally I have 25K balance |
| Subscribe to this topic | Previous 1 2 3 4 5 Next |
