SharePosts by BigSteve
| Previous 1 2 3 4 5 Next |
|
Hi FXPapa,
Please explain why you let yourself go so deep into drawdown, which keeps us from receiving more signals until this drawdown is completed or closed.
Also you traded beyond the normal equity stop which you recomended.
Please explain why this was done this way.
We know the open trades spiked in the wrong direction because of Euro news so why did you widen your stops.
We are not able to trade FXPapa until these trades close so please explain this.
|
|
[quote]
phil posted:
Doesn't everyone not set thier own stop loss by percentage of account.
[/quote]
Yes, but not quite so when the master account becomes involved.
It is different thinking with the master account because it is used to provide us with the signal service
In theory we now need to wait for the master account to hit stop loss or a smart exit.
Until then, at least in theory as we understand this service behaves, there may be no further signals sent until these trades are closed.
THIS is why I wished FXPapa would have come to the thread and discuss this.
Papa recomended a default s......
|
|
It is unbelievable that FXPapa has not appeared on their own thread during this time.
Now it is -517.70 pips in negative float
This is what happens when you are afraid to take the loss, when the loss needs to be taken.
|
|
[quote]
richdad711 posted:
I didn't bought it. Am just merely following this thread. Cheers
[/quote]
I just hope my trader friends here are NOT getting burned with these 3 trades.
|
|
Thank God I missed these signals. There is a heaven above that's all I can say.
I hope you all missed these trades too.
Papa is going to say bye bye to 8 months of their profit.
Why did they take on such reckless practices?
Is this the way I will trust them with my live money account?
NO!!!!!!!!!!
I know how to take the loss that I know will happen sometimes but Papa NEVER warned of a -400 ppip floating LOSS
I am out until Papa proves them selves again to be trustworthy.
Papa please explain why you are permitting your account to break your own rules.
And if this is a software pr......
|
|
[quote]
therebox posted:
Now the official account shows 3 trades open:
-11,67% (-155 pips)
-7% (-93 pips)
-1,1% (-15 pips)
This is 19,77% drawdown.
It seemed the risk was set in 15%.
[/quote]The max negative pips all 3 trades should have stop loss at 200 pips.
But this morning all 3 trades were negative float -397 pips when I looked at it.
I am glad there was a glich in my copier and I did not get all 3 trades.
BUT the copier closed my only EU short from this basket, in profit, whereas Papa's own copier did not close his trade at all.
This I find most puzzling.
|
|
Whoah boy there is something really wrong here.
My MT4 was down a little yesterday and turned off when the Papa's sell was made on the EU.
As soon as I turned back on the MT4 Papa made a EU sell at 1.21352 and closed in profit at 1.21202
Why did not Papa's own server take profit on his own trade?
Is the new update part EA? It has to be part EA now to behave like this
My version is the version made for MT4 release 439
I missed the other two EU buy orders. Thank God I missed them. This is the third trade I missed this week since the update.
All open bad float is supposed to stop out ......
|
|
Hi FXPapa,
Can you give us any ideas on the money management please.
Presuming we trade long and short on both pairs which risk setting should we use?
Will there still be a max of three trades on one pair?
Will there be three trades on both pairs at the same time?
Thanks,
Bigsteve
|
|
[quote]
Yhury posted:
I monitored for several months this EA, after the initial performance, now is very much down, obviously the broker you are protecting, and i read that those who bought a full hour has not licensed brokers to use, this EA bad very, very bad, with angry clients who have no guarantees a more and disappointing as everyone.
[/quote]
I found the NO staff to be dishonest, paranoid, and argumentative
Thank God I stayed away from this waste of time and money
|
|
[quote]
sugarboy7 posted:
the sad truth is 99% of all commercial EA are rubbish and this is looking to be one of them. the last 4 months has been breakeven:
http://www.myfxbook.com/members/ragency/fxpapa-demo/256142
im just gonna stick with my private EAs.
[/quote]
Ragency what risk are you trading with? Trading 0.29 lots on a demo account with 2,800.00 is almost 20% risk per basket of 3 trades hitting this 200 pip SL. So a loss is kind of hard hitting sockeroo in the kisser when it happens. I think you might be over trading a bit.
Just imagine positions of your size taking a market......
|
