Also, maybe consider making a bit of a change to whatever programming routine figures lot size. I assume it is using the account size in some formula to calculate lot size. If that is the case, if that were to be a user input you could put 1000 in as the setting and it would figure lot sizes based on the fact that the account size was $1000. It would result in smaller lot sizes for trading and smaller winners, but it would not expose the account to such significant risk and would allow you to better protect your gains.

   gwrigh posted:
   I noticed that you reset the test - did the previous account crash? Are you running the new 3.4 version here? Do you still believe in the strategy? What changes have you made that you think will protect it now? What settings do you recommend for a 1:50 leverage account per $10K? Thanks.


The account had a big crash from mid January to early Feb. I was not running 3.4 but 3.2. The settings have been modified in 3.4 so that losses occur more frequently but with less damage to the account. I'm looking at other options (eg hedging) but this may take some time to implement. With a leverage of 1:50 and 10k the smartlot feature of GMU should trade with a lot size of 0.03 therefore the default settings of 3.4 should be safe enough.

Hello odrisb,

Any major changes to your EA so that you want to start your account all over again? Or are you going to change something on the EA?

Thanks,
SIM

Come on. Each time the EA crashes your account you will start over again?

That's not a fair behaviour. I am one of your paying customers and know about the risks of grid trading. I am trading real money and with 30.000 USD I was only trading 0.1 lots. Still I had a huge drawdown but decided to hedge my position manually as it became to risky and could trade me out of this with only a small loss. I was lucky doing this.

Anyway, you should not start over again, leaves a bad impression IMO.

Everybody who is grid trading should know that such things can happen. That's the risk. I would not consider this a problem or say that for this reason the EA is bad. You EA is good. You should not hide things or tell the people now about a new version which will be safer. That's not possible with a grid. You have to accept drawdowns. There is no way around.

   sugarboy7 posted:
   this EA has margin call or big DD too often, if the vendor was smart, he would of added a hard sl into his EA like a few other EAs.


I thought that you can define to close 30% or even 100% of your trades when the DD reaches certain value.