Leo Trader Pro UC & UJ (by rayong1) Estadísticas rápidas
El usuario ha borrado este sistema.
Clasificación: Empty Star Empty Star Empty Star Empty Star Empty Star
Leo Trader Pro UC & UJ Discusión
Anterior 1 2 Siguiente
rayong1

Miembro desde Nov 26, 2010  126 mensajes Raymond (rayong1) Dec 28 2010 at 11:34
Looks like we're seeing some bigger drawdowns here. Lets see how it handles it.

pipsquick1957

Miembro desde Nov 15, 2010  109 mensajes pipsquick1957 Dec 28 2010 at 16:02 (editado a las Dec 28 2010 at 16:03 )
Raymond: Keep in mind that this is the best time to test an EA, so I wouldn't be jumping to any conclusions yet. I have the GU/EU version and started running it on Dec 23/2010, and is doing okay, but I have 1 open Buy on the EU thats down -75 pips.

 But its this Open Trade DD that most traders do not look at, and its just as important as the Maximal DD which is based on closed trades. Right now this UJ/UC version is at -18% OT DD, so the low .96% Maximal DD goes right out the window.

rayong1

Miembro desde Nov 26, 2010  126 mensajes Raymond (rayong1) Dec 29 2010 at 03:58
Agree, the open trade DD is the more important number. That's what triggers the margin calls.

Someone on FPA already had an account wipe out

duzyfx

Miembro desde Mar 07, 2010  257 mensajes duzyfx Dec 29 2010 at 04:03 (editado a las Dec 29 2010 at 04:03 )
rayong1 posted:
    Agree, the open trade DD is the more important number. That's what triggers the margin calls.

Someone on FPA already had an account wipe out

somebody obviously wanted to get rich quicker than everyone else ...

I would not even mention such a case ...

you do not overleverage hold&prey strategy ...

pipsquick1957

Miembro desde Nov 15, 2010  109 mensajes pipsquick1957 Dec 30 2010 at 02:10
The Open Trade DD is currently at -28% of account balance, this is where it gets fun, we will soon see if these trades hit the SL. if they do then we will see a much bigger OT DD.

 Everyone forgets about the OT DD, because MT4 along with most platforms dont show it at all, then the market (some times)turns around and everyone seems to forget about it. These open trades right now might take this up to the 35-50% OT DD area, which is a very scary and risky EA.

kavaron

Miembro desde Oct 03, 2010  12 mensajes John Sarantitis (kavaron) Dec 30 2010 at 07:18
I bet the same disaster could happen on the EURUSD leo EA as well...

rayong1

Miembro desde Nov 26, 2010  126 mensajes Raymond (rayong1) Dec 30 2010 at 20:19
30% open trade drawdown as of now.

pipsquick1957

Miembro desde Nov 15, 2010  109 mensajes pipsquick1957 Jan 01 2011 at 22:07
Raymond, I calculated that is these 4 open trades were to hit there SL, then we could see an OT DD of around 45-47%, and that is assuming that there are no more trades opened after the 2 UJ trades are closed first.

 From what I can see here, the LTP does not have more than 4 open trades at anyone time, so we know that the maximum OT DD would be 4 X 330=1320 pips X # of lots.

  But because the risk to reward ratio is terrible on this EA, its a bit of a crap shoot so far. if these 4 trades were to hit the SL then it would change to closed trade DD, and 45-47% either way is a huge DD to swallow.

rayong1

Miembro desde Nov 26, 2010  126 mensajes Raymond (rayong1) Jan 01 2011 at 22:22 (editado a las Jan 01 2011 at 22:25 )
And if you have he EU and GU version running they should hedge each other out because as EU and GU goes up UC and UJ usually goes the other way. Great if they pick the right direction but when wrong all 4 pairs will bleed. Theoretical max OT with both version of LTP running would be 2640 pips. Huge indeed.

How close to a margin call will depend on the lot size you use.

Now that I've bought it I can see they are running 1 instance of MT4 for each currency pair. ie. they are running 1 instance of MT4 for just usdchf at 0.02 lots and another instance of mt4 for usdjpy at 0.03 lots.

pipsquick1957

Miembro desde Nov 15, 2010  109 mensajes pipsquick1957 Jan 01 2011 at 22:33

rayong1 posted:
    And if you have he EU and GU version running they should hedge each other out because as EU and GU goes up UC and UJ usually goes the other way. Great if they pick the right direction but when wrong all 4 pairs will bleed. Theoretical max OT with both version of LTP running would be 2640 pips. Huge indeed.

How close to a margin call will depend on the lot size you use.

Now that I've bought it I can see they are running 1 instance of MT4 for each currency pair. ie. they are running 1 instance of MT4 for just usdchf at 0.02 lots and another instance of mt4 for usdjpy at 0.03 lots.


 In light of that info, why not run these 4 pairs for a while, then just trade 1 pair that has the best results, and you could increase the risk slightly. The other question is whether or not the SL can be modified on a client to client basis?? Probably not I am betting, but it wouldnt be a big deal for them to make the SL adjustable.

Anterior 1 2 Siguiente
Core Personal Consumption Expenditures (... (16 min)
Fitch: Insurers Would Adapt to Deflation...(16 min ago)
EURUSD 1.25786 GBPUSD 1.59811
USDJPY 109.081 USDCAD 1.11929
FxPro
Herramientas Comunidad Comentarios Plataforma Empresa Soporte
Calendario económico Comunidad Corredor Widgets Acerca de Preguntas Frecuentes
Forex Market Sistemas Sistemas Automáticos Características Blog Ayuda
Forex Volatility Most Popular Systems Proveedores de señales API Twitter Contáctenos
Forex Correlation Estrategias VPS Services Movil Facebook ¡Reportar un error!
Spread de bróquers de Forex Concursos EA Programming Traducciones    
Cotizacion del Broker de Forex Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Sentimiento de la Comunidad Rebate Programs      
Streaming Noticias Forex   Trading Platforms      
Forex Broker Volume          
COT Data          
Liquidity          
Forex Calculators New          

Download Myfxbook Android App
Mapa del sitio  |   Términos y condiciones  |   política de privacidad
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.