BealBull's Posts - Page 4

Envy 2.1 - Live in Trading Systems Apr 26, 2012 at 23:34

Screen shot of my Envy Long cycle trading screenhttp://www.myfxbook.com/files/BealBull/MyScreen.jpg

Forex Envy Power Edition in Trading Systems Apr 26, 2012 at 02:04

I should add one reason I'm doing this timed BaseLotSize increment trial is to see how Envy responds to increased min open sized orders. Does it deliver a linear increase in $ /Trade profit (as expected) or are there internal algorithms which kick in as open lot sizes increase and alter / reduce the $ /Trade profit / BaseLotSize ratio? Time will tell.Of course there are the other issues:1) Concern about reducing the DD HeadRoom as the BaseLotSize increases.2) The natural desire to increase the ROI on the funds invested.Hopefully this test will help to determine the optimal Sweet Spot (Base...

Forex Envy Long Cycle in Trading Systems Apr 26, 2012 at 00:12

As the Long only cycles have shown to exhibit a much lower DD that the combined Long & Short cycles which means they need less HeadRoom / capital invested to operate), I have started a live trail of increasing the BaseLotSize from 0.01 to 0.06 in 0.01 increments every week. My analysis suggests Envy Long cycles with a BaseLotSize = 0.06 should be as safe as combined Long and Short cycles at 0.01 lots but requiring 5-6 times the capital to protect against the higher DD that have been observed. The effect will be to boost the monthly Long only cycles' ROI by 6 times (at 0.06 BaseLotSize)...

Forex Envy Long/Short Cycle in Trading Systems Apr 26, 2012 at 00:04

It is a cent account

Envy 2.1 - Live in Trading Systems Apr 25, 2012 at 23:02

Hi Joe,It is a cent account.

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 15:09

Well done Envy and TE. All my Short cycle baskets closed in profit. I'm impressed.Here for all to see:http://www.myfxbook.com/members/BealBull/envy-21-live/291863Now we start 1 week of BaseLotSize = 0.02 for all 9 Long cycle pairs.

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 15:04

Hi Will,That is why I starting out at 0.02 and increasing 0.01 every week as the account builds up to bigger than the desired 8,500 HeadRoom required for the next BaseLotSize increase. DDs biggest than the max observed so far on the Long account will cause the min HeadRoom to increase. While Envy is very smart and automatic, I'm crafting an external Macro Money Manager which also learns, adopts to the Market and helps Envy to safely deliver a higher than expected ROI. Maybe one day Robert and his team will put something like what I'm developing into Envy.

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 14:56

Once I get to opening Lots = 0.05. I plan to continue increasing the opening Lots determined from this formula.BaseLotSize = (Account Balance - StopOut %) / 2,000,000. IE $111,111 (really $1,111) with a 10% StopOut would generate a Lot size of 0.05 (if the result is more than 2 digits, only use the first 2 digits) and a HeadRoom of 8,500 based on my TradeFort account settings and a max DD of TWICE that observed so far on the Long only cycle account. If I get a DD exceeding that observed so far I will increase the HeadRoom to maintain twice the HeadRoom as necessary to survive the max DD.

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 14:30

The reason Trading is showing a better curve than Long/Short is because in the first week the min Lots was set to 0.02. I guess to get the account balance up quicker so as to show a higher ROI from the too low $50 input. Almost worked but they had to put in more money to keep it out of a StopOut event. Good try but luck was not with them.Started today my Longs at 0.02 for 1 week and then 0.03 for the next and then 0.04 for the next week and 0.05 from then on. The increasing account balance should give additional HeadRoom. Time will tell how well my plan has worked or not.I'm told Power sho...

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 13:59

Hi Will,Thanks for the information and link. Looks interesting. Will consider opening the same.I note Birt's account is Long cycles only. From my studies such an account needs a HeadRoom of around 8,500 or on a penny account $150 in Nett funding, even less if you get a Broker Bonus of say 50%. Brit funded it with $400. This means he has too much HeadRoom and as a result a reduced ROI. Had he funded it with $100 + a $50 Broker Bonus, the ROI against his funds would be 4 times higher or 27.2% monthly ROI instead of the current 6.8%.

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 12:53

Will,I opened a InstaForex penny account only to find it is a 4 digit account and has a very slow (~1.5 sec) order execution time versus the demo account at 0.4 sec. Was told that to get 5 digits I have to use their EU server but then can't use penny accounts. Are you getting good results with InstaForex and 4 digit trades?Additionally they have a 3 digit spread and a StopLevel of 3 pips. That means Envy can't place TP or SL closer than 6 pips from the current price and no placing orders inside the spread.It worries me Envy will do a good job on InstaForex.TradeFort gives me 5 digits, ...

Forex Envy Power Edition in Trading Systems Apr 25, 2012 at 03:23

Seems not all Envy accounts are the same. Some are over financed to protect large DDs and as a result of the wasted capital, run at reduced ROIs. Bottom line is to run with a HeadRoom / initial capital invested that gives you a 50% initial capital margin as against a worst case DD. Doing this optimizes the ROI on the invested capital.Looks like Envy Long can be run with a HeadRoom of around 8,500, survive well due to lower % DDs and generate over 100% ROI per month. Almost as good as Envy Power if likewise adjusted. Of course Power does not have the length of time to see DD events as does Long...

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 11:27

Hi Will,Several reasons,I'm an engineer my training and birth. I seek to understand how Envy relates to the real world and how I can use it to make serious money, which is the 2nd reason. 3rd is to do proper due diligence on the EA and part of that process is seeing it operating in the same way when placed under similar environments. 4th is to understand how scalable Envy is and how to ensure as the capital base compounds and grows, the delivered ROI stays somewhat stable.Your quoted $ / trade is of course in cents. Mine are based on the entire trade history.To me it would appear to me Env...

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 07:18

Results in real $ per Envy account:LS..........$683.32 P/L....$0.059 / TradeShort......$594.43 P/L....$0.082 / TradeTrading...$332.71 P/L....$0.046 /TradePower.....$221.23 P/L....$0.090 / TradePower achieves almost twice the $ / Trade as does the average of LS and Trading @ $0.052 / Trade.

Thor II Live Account in Trading Systems Apr 24, 2012 at 06:47

Hi Alexander,OK will do that.Good trading and a long happy life to you,Greg

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 06:42

Sorted by best $ / Trade / direction / account.Ranges from:Power.....USDJPY.....Buy.....$0.695 / TradeLongs.....USDJPY.....Sell......$0.320 / Tradedown to:Trading....GBPUSD....Buy....$0.019 / TradeTrading....USDCAD....Sell....$0.016 / Trade

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 06:32

bad post

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 06:22

I have taken the data from the 4 Envy accounts and sorted it to show the best $/trade broken down in 4 ways. Sure shows that some symbols and trade directions are making a lot of money and other are not doing as well. Enjoy.

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 04:25

Here is a study of Envy's loss recovery order size increases:Symbol Power Trading MineEURUSD 0.01 0.01 0.01EURUSD 0.01 0.01 0.01EURUSD 0.02 0.02 0.02EURUSD 0.03 0.03 0.04EURUSD 0.05 0.05 0.06EURUSD 0.08 0.08 0.12EURUSD 0.14 0.13 0.23EURUSD 0.25 0.22 0.43EURUSD 0.44 0.38 0.83EURUSD 0.77 0.66 1.57EURUSD 1.35 1.14 2.90Shows Envy Power is more aggressive when sizing Lots for loss recovery than Trading but not as aggressive as my settings. Not by a lot but maybe that is all it takes. My larger Lot increases may be due to ...

Forex Envy Power Edition in Trading Systems Apr 24, 2012 at 03:37

Excellent. Thanks. Will have a closer look at the InstaForex statements.Figured out one thing they did to Envy Trading Point to boost the ROI. BaseLotSize was altered form 0.01 to 0.02 from when the account was opened, 30 Dec 2011, until 4 Jan 2012. That was what caused the rapid initial growth you can see on the chart. From then on it was set back to the standard 0.01.Can't tell from the statement if it was just the Longs. Suspect it was across the board as ALL trades in that period started out with a 0.02 Lot size.They did an initial deposit of $90 on 12.30.2011 08:59 and a top up deposi...

All Quotes
AUDUSD	0.653	USDCHF	0.9147
EURJPY	169.15	EURCHF	0.9785
EURGBP	0.8563	GBPJPY	197.36
EURUSD	1.0699	GBPUSD	1.2487
USDJPY	158.04	USDCAD	1.3679

Posts by BealBull