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jonpearce1 (By jonpearce)

The user has deleted this system.

jonpearce1 Discussion

Mar 23, 2012 at 09:46
767 Views
7 Replies
JamesLee
forex_trader_63868
Member Since Jan 31, 2012   56 posts
Apr 17, 2012 at 06:26
Hi, would like to know Are you using the CNS UK server?
Member Since Sep 19, 2011   86 posts
Apr 17, 2012 at 07:58
No, I use Beeks London
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Member Since Aug 30, 2009   9 posts
Apr 28, 2012 at 17:29
Hello Jon,

Did you use default setting NO for eurusd & USDJPY ?
Member Since May 01, 2011   56 posts
Apr 28, 2012 at 18:01
This account looks really risky. Trade´s sizes are big which could eventually make you loose all your money.
Member Since Sep 19, 2011   86 posts
Apr 29, 2012 at 06:21

   Prasono posted:
   Hello Jon,

Did you use default setting NO for eurusd & USDJPY ?


Hi. Yes default settings with the exception of Spread Compensation = True.
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Member Since Sep 19, 2011   86 posts
Apr 29, 2012 at 06:22

   sim3j posted:
   This account looks really risky. Trade´s sizes are big which could eventually make you loose all your money.


NO1 has a S/L of 3 pips. With spread compensation set to True the S/L is around 4 pips or less. Worst case scenario lets say 5 pips. The account is leveraged at 500:1 so equity is not an issue. At 2 lots per trade the max loss would be $120 including the $10 commission. No1 has never had more than 2 losses in a row so max risk is $240 with 2 consecutive losing trades. I can live with that 😄
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Member Since May 02, 2010   14 posts
Dec 20, 2012 at 01:04
Hi Jon,
Are you using two platforms, one for conservative and one for aggressive? Also is your risk setting for Max. Daily Loss 2%
patience, patience & more patience
Member Since Sep 19, 2011   86 posts
Dec 20, 2012 at 01:13
Hi Roger,

Yes, one mt4 for aggressive, another mt4 for conservative and a separate mt4 for Mk2.

Cheers, Jon.

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