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IBFX-Real

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IBFX-Real Discussion

Nov 23, 2011 at 21:02
1,103 Views
6 Replies
roger11
forex_trader_38021
Member Since May 31, 2011   54 posts
Feb 02, 2012 at 14:30
your almost back to original deposit amount.
by next week, profit time if the market keeps this up :)
😎😎
Member Since Nov 20, 2010   87 posts
Feb 02, 2012 at 23:50
Yeah, I sure hope so! I'm tired of seeing red.... 😈 !

I already added FxPapa to my live account using a -150 pip emergency SL with a third party trade manager EA. So far the biggest loss on the vendor's account is about -32 pips (trading for over two months now), so it usually closes the trades at a reasonable level. Once my account is at least 20% in profit, I plan to increase the lot sizes I'm trading FxPapa with. I'm using half the lot size that the default risk setting uses right now... 😎

Cheers,
Roger
Member Since Jul 09, 2011   21 posts
Feb 23, 2012 at 16:51
Hello rgmann,

When you got that loss of 51.7 pips on Nov 30 you should be using SO > 1, no?

Best regards.
Member Since Nov 20, 2010   87 posts
Feb 23, 2012 at 18:54
Hi zion,

Yes, I believe I was testing MDP on this broker for the first time on Nov 30th. I was therefore using .01 test lots and using the default setting of SO=8 (if I remember correctly). Since then I have realized that MDP trades better with SO=1 with the risk setting increased in order to compensate for the lower amount of trades.

Cheers,
Roger
Member Since Jul 09, 2011   21 posts
Feb 23, 2012 at 19:43
Thanks Roger.

Cheers,

Zion
roger11
forex_trader_38021
Member Since May 31, 2011   54 posts
Mar 02, 2012 at 09:11
awesome roger, the balance finally increase. hope to see more results next week.

-Rogelio
Member Since Nov 20, 2010   87 posts
Mar 03, 2012 at 19:44
Thanks, Rogelio! I'm only running MDP 1.2.0 and FxPapa on this account now, and both performed great last week. I sure hope this keeps up for a while. So far FxPapa has been well worth the money...

Cheers,
Roger
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