Michigander's profile
Michigander

Name:
Ken Grakauskas
Bio:
Not Specified.
Trading Style:
All EA's, mainly grid and martingale.
Motto:
"Capture your profits before someone else does!"
Experience: 1-3 Years
Location:
Vouchers: 2
Registered: May 08 2012 at 23:57
Chart
Systems
Name Gain Drawdown Pips Trading Leverage Type
Forex Envy Power Long Only as of 1/27/13 76.12% 19.48% 4862.5 Automated 1:300 Real
Forex Grid Trader as of 5/19/13 0.75% 2.48% 252.3 Automated 1:300 Real
Envy Power Long Only (Managed) 99.13% 34.01% 4261.2 - 1:500 Real
Forex Envy Short Cycle Pairs 98.46% 14.03% -6127.7 - 1:500 Demo
Envy Power Short Cycles as of 4/8/13 70.73% 25.79% -6433.4 - 1:200 Real
Kangaroo w/Custom Envy Ultra as of 4/8/13 39.76% 16.26% 665.7 - 1:300 Real
Forex Envy Ultra w/ Custom Controls 55.20% 13.71% 487.1 - 1:500 Demo
Blessings 3 w/ Envy Ultra as of 5/19/13 16.69% 7.77% 33.5 Automated 1:300 Real
H-Espider -9.42% 9.72% -77.3 - 1:500 Demo
Forex Envy Ultra 2X Risk & Custom Controls 146.43% 18.01% 379.5 Automated 1:500 Demo
Envy Ultra 2X Risk W/ Custom Controls 39.51% 22.66% -22.8 - 1:200 Real
Michigander's Feed
book1yahoo
book1yahoo
Hi Ken, your trading performance is good. Are you interested to become our money manager? We're able to find investors for you. Let us know. Thanks.
Dec 31 2012 at 13:12
Michigander
Michigander Before I spend any time considering this, please pull together and document in detail what you are offering and expecting, as well as any and all pertinent details, and email me at privately at kengrakauskas@swissmail.org. I expect names, countries of origins, etc so I can consider your legitimacy.
Dec 31 2012 at 15:17
pierrepelletier1
pierrepelletier1
Can you tell us more about the way you run Toms EA Long Only & Short Only? How do you set it up? Do you make any manual intervention? Thanks for sharing your experience which looks very good.
Nov 17 2012 at 13:58
Michigander
Michigander Pierre, I’ve been bitten in the ass twice in 6 months trading Dustin’s settings that they specifically provided to me based on my portfolio size and leverage. Someone I correspond with (thanks Stephen) suggested I trade pairs in different directions that were not really correlated. The problem with Toms EA is that so many of the pairs they trade are correlated, and trading them in the same directions magnifies the gains, but really magnifies the losses. I am pleased with the results so far. There have been no interventions by me. That defeats the purpose of the tests, in my opinion. I don’t have the time to babysit these things. I am trading Toms version 1.92. They have a newer one out that adds a bunch of settings, but I think it is still a rattlesnake if you trade it bi-directionally with all their pairs. I am trading the EURUSD long, EURCAD short, USDCAD long, AUDCAD long, AUDJPY short, CADJPY long. I am running on their risk level 2. Doing a custom analysis on Toms WPFX live account shows their account doing 2.54% per month since 7/15/12 while mine has done 6% per month over the same time frame. If you do a custom analyses and examine by each pair, you will see Toms gains, as always are in two pair only, The EURUSD and GBPUSD. All 6 of my pair have a reasonable profit grouping so I am not so damn dependent on one or two pairs like Toms defaults always seems to be.
Nov 19 2012 at 00:48
pierrepelletier1
pierrepelletier1 Michigander, thanks for your quick answer. I agree with you. Dustin's recommended settings are way too risky. I like very much your approach. I have a few more questions: 1) You use 2 JPY pairs. Don't you think that JPY pairs are too risky as the Bank of Japan intervenes occasionnaly which makes sudden big moves on any JPY pairs. 2) How did you determine the direction you trade for each of the 6 pairs? How do you determine you need to change direction? 3) I look at your history statement. As you indicated you make no interventions. However, on November 15, many trades have been closed at lost. It seems they have been closed manually. What happenned? It seems that you decided to change direction for some pairs on that day. Thanks.
Nov 19 2012 at 02:48
Michigander
Michigander Pierre, what you are seeing is what happens when one shoots himself in the foot! I have 14 demo and real accounts that I trade. A couple weeks ago I migrated them all onto a dedicated trading computer installed in my server rack at the office. When I moved Toms over, I forgot to manually set the directions to the appropriate shorts and longs only. When I discovered it a couple weeks later, I immediately closed the wrong direction trades. Fortunately, the past couple weeks has been pretty quiet, so I don’t think there’s much harm done. It really is hands off, assuming you configure it correctly out of the gate.

I’m not smart enough to know if the Yen is too risky or not. The EURUSD is risky The GBPUSD is risky, then yen is risky, hell, everything is risky when you grid/martingale them. That’s why I’m trading it on a demo. I have been solidly burned so many times that I like proofing on the demo first. If it is too risky I’ll see it here. I hope.

Nov 19 2012 at 23:03
BoC Governor Mark Carney Speech (2 min)
Energy Stocks: Energy stocks stretch winning ...(9 min ago)
EURUSD 1.29114 GBPUSD 1.51652
USDJPY 102.366 USDCAD 1.02604
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Widgets About FAQ
Forex Market Systems Expert Advisors Features Blog Help
Forex Volatility Most Popular Systems Signal Providers API Twitter Contact Us
Forex Correlation Strategies VPS Services Mobile Facebook Report A Bug!
Forex Broker Spreads Contests EA Programming Translations    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Community Outlook Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data New          

Site Map  |   Terms & Conditions  |   Privacy Policy
©2012 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.