GOLD 01 討論

Hello what about this EA? Do you sell it?

This is 'hold and hope' strategy. The only thing the owner relies on is the price of the gold will keep on rising. He has only buy trades, no SL and eventually someday when the price reverses.... BOOOM
He has kept a losing trade from 06.18.2010(buy @1259$) to 09.14.2010(almost 3 months) while on 07.28.2010 the price was 1156$. This is a ticking time bomb - a deeper correction or a trend reversal will wipe this account or at least wipe the profits.

Well thanks for your comment... Let see what happen later with GOLD...

wssfx posted:
    Well thanks for your comment... Let see what happen later with GOLD...

The fact that you're now in the right direction doesn't mean you will allways be. As I said given the fact that you have only buys this is 'hold and hope' strategy. A deeper correction or a trend reversal will put you in a big trouble. In this world there are allways at least two directions.

forexma posted:
    

wssfx posted:
    Well thanks for your comment... Let see what happen later with GOLD...

The fact that you're now in the right direction doesn't mean you will allways be. As I said given the fact that you have only buys this is 'hold and hope' strategy. A deeper correction or a trend reversal will put you in a big trouble. In this world there are allways at least two directions.

Thank you again. Yes i know what you mean. We only follow the gold up trend. If gold going down we dont sell it but we wait for buy trend appear again. Some of our buy positions will floated very long time (few months). As long we use free swap account it wont be a problem. Gold is a stable currency.

Do you recommend using it with alpari.uk? I wonder if they have a swap free account...

I'm very curious to know why did you last update this account exactly before the deep correction began on October 14-th.

averagejoe posted:
    Do you recommend using it with alpari.uk? I wonder if they have a swap free account...

Alpari UK Classic account has GOLD + Swap free account.

forexma posted:
    I'm very curious to know why did you last update this account exactly before the deep correction began on October 14-th.

Updated, yes we have some floating positions but our margin still healthy :)

wssfx posted:
    

averagejoe posted:
    Do you recommend using it with alpari.uk? I wonder if they have a swap free account...

Alpari UK Classic account has GOLD + Swap free account.

I don´t think so. Alpari. uk do not offer a swap free account:

https://www.alpari.co.uk/en/trading_accounts/rollover_interest_policy.html

This bot only work good on swap free accounts?

averagejoe posted:
    

wssfx posted:
    

averagejoe posted:
    Do you recommend using it with alpari.uk? I wonder if they have a swap free account...

Alpari UK Classic account has GOLD + Swap free account.

I don´t think so. Alpari. uk do not offer a swap free account:

https://www.alpari.co.uk/en/trading_accounts/rollover_interest_policy.html

This bot only work good on swap free accounts?

Hi Averagejoe,

FGT EA can works with non-swapfree accounts.

Hi.
I check again and in fact alpari.uk seems to have a swap free option, but, it charge commission. What would be a commission acceptable to this ea? FXDD charge commission?

It would be better a swap-free account + commission or a non swap-free but no commission?

Hi Averagejoe,

No, FXDD doesnt charge any commission.
Better with FXDD than Alpari for me :)

Please update your great 'no loss' system!

hi forexma, thank you for your pray... please check https://forexgoldtrader.com

wssfx posted:
    hi forexma, thank you for your pray... please check https://forexgoldtrader.com

None of the accounts shows the equity curve, could you tell why? Few account are obviously in floating losses but equity curves don't show it, some bug probably.

No matter how pretty everything looks right now it will end some day, it may be tomorrow, after 3 months, after 1 year or more but it will end with margin call because THERE'S NO SL & RISK MANAGEMENT. This system remains 'hold and hope' which means very vulnerable to trend's direction change.