LION FX TRADER (by lionfxtrader) Quick Stats
Gain: +1030.58%
Drawdown: 38.78%
Pips: 2473.9
Trades: 865
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

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LION FX TRADER Discussion
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successwill

Member Since Nov 18, 2015  209 posts successwill Jan 12 at 09:43
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account

aeronthomas

Member Since Dec 04, 2010  1544 posts Ozzie Matt (aeronthomas) Jan 12 at 10:06
successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
I would recommend installing equity sentry or similar Equity protection EA to protect the account, unless you just running a cent account like the vendor in which case doesn't matter if account blows... cheers

maarten999

Member Since Feb 11, 2016  7 posts Maarten Wilbers (maarten999) Jan 12 at 11:40
I started out last week again with this EA, after some experimenting last year I set my risk to 1% instead of 10%, which is much more common and will protect your account to some degree. Equity protectors cannot be installed on vps servers from mql5.

Small gains are always better than large losses.
TRADEFX2016

Member Since Jan 02, 2016  768 posts Tradefx Signals Representative (TRADEFX2016) Jan 12 at 11:40
successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account


did you really thought some body is selling you golden goose EA?


We are most consistent provider in entire industry!!!
successwill

Member Since Nov 18, 2015  209 posts successwill Jan 12 at 14:30
Now i have 10 open positions and max DD is %48. Current equity is %85. maybe i should close all manually?

successwill

Member Since Nov 18, 2015  209 posts successwill Jan 12 at 14:32
TRADEFX2016 posted:
successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account


did you really thought some body is selling you golden goose EA?



nope..i am a skeptical person..its been nearly a year since i bought this EA and now i decided to test on real account..but my bad luck still follows me

maarten999

Member Since Feb 11, 2016  7 posts Maarten Wilbers (maarten999) Jan 12 at 15:51
If you already have got this EA for over a year now, surely you must have seen large drawdowns already and it would be no surprise to you to see that it opens a new counter trend trade every 9 pips if getting into troubles. That's why I set the max risk per trade to 1% instead of 10%. Still a lot of money when you have 7k on your account, instead of 100 dollars.

Small gains are always better than large losses.
togr

Member Since Feb 22, 2011  3325 posts vontogr (togr) Jan 12 at 15:52
successwill posted:
TRADEFX2016 posted:
successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account


did you really thought some body is selling you golden goose EA?



nope..i am a skeptical person..its been nearly a year since i bought this EA and now i decided to test on real account..but my bad luck still follows me


Dont buy anything Russian
Dont follow any Russian
Dont do any business related to anyone using Russian broker.

Sounds too tough? Well otherwise it is very painful :)

I like what I trade, I trade what I like
TRADEFX2016

Member Since Jan 02, 2016  768 posts Tradefx Signals Representative (TRADEFX2016) Jan 12 at 15:54
no one in world will really sell you an EA which really works, specially in such small price.

do not waste more money buying EA's.

We are most consistent provider in entire industry!!!
successwill

Member Since Nov 18, 2015  209 posts successwill Jan 12 at 16:16
i am planning to hedge to save the account..i will wait and watch for some time.. Ideas needed about EURUSD behaviour.. do you think it will keep going up? USD losing against nearly all currencies in the world

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Producer Price Index Growth (YoY) (19h 35min)
Trump is delaying decision on importing ...(2h 20min ago)
EURUSD 1.17867 GBPUSD 1.3215
USDJPY 112.175 USDCAD 1.27746
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