SharePosts by CanAm
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Mines really cranking it up now -
Acc1 - 48 trades open - (+)13.94% Closed Trades and (-)29% Open Trades (face value).
Acc2 (now closed as that demo shut down) - 26 Open Trades - (+)10.78% Closed Trades (-)2.6% Open Trades (face value)
Acc3 - 40 Open Trades - (+)10% Closed Trades (-)14% Open Trades (face value)
no loss of connection since 1st week Nov (thought I'd better get in there before someone else offers it as a reason)
:)
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That's great if you are having success Sean
Just be careful is all people here are saying as long term there has not been any 'real' success reported other than the fake reports they had on their sales page.
I haven't logged into the member's area in probably a year but thought at that time it was dead/no activity and there was a number of unanswered messages so assumed that the trio had gone to ground.
Good to hear there is updates - maybe they've got it working now?
What broker are you using?
Cheers
:)
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Sean - be warned - this EA is a time bomb - it will eventually destroy your account balance.
How is it you have only been trading the last six months - I thought they had shut it down?
I don't think the member's site is active anymore????? I haven't looked in eons.
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Hi Fughe
Yes, the "Swap" is adding up to be a real cost due to the length of the open trades.
Regarding VPS - having tried a few (none of which you mention though likely to be same/similar) they all shut down at various times or reboot or maintenance or blackouts or whatever you want to call it.
I think VPS with EA's is a must but ONLY as a backup to your real PC/Connection - not to be relied upon.
They are essentially a UPS just not in your own trading room.
[quote]
GlobalProfit posted:
.......but I am referring to the equity.
[/quote]
Yes, I did realise after I hit sen......
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[quote]
GlobalProfit posted:
There are three accounts being tracked on myfxbook. One is this account, one is trading all pairs with hedging and one is trading all pairs without hedging and all are well into profit.
[/quote]
Hiya GP
Well, yes, they would all (I imagine) show profit as do my accounts as they only show closed trade values.
So does my three accounts - all setup the same with hedging, 1% risk, all pairs.
But of course its the "Open Trades" that are the issue - these don't get reflected in the results until they become closed - but (if my understanding is correct)......
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Hi Fughe
Several AudNzd all from early October and EurGbp since mid Nov
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Speaking of commission.
The other thing with the trades staying open for extended periods is that the 'cost' of the trade means that it will most likely never break even.
Over three accounts whilst they have shown overall profits the open trade value on each account is equal to or more than the closed trade profit, so, I have two accounts that are essentially about break even atm and one account, the longest running, that the open trade (loss) is 1.5 times the closed trade (profit). In addition the cost (Swap) is -4% as some of the trades have been open for nearly three months.
Just another......
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I was nearly excited/relieved last night when I saw my open trade DD reducing.
Nearly got to the point where I could close all open trades and basically be at breakeven/small loss for the 3 months of trading.
Should have done it as of course those who hesitate lose - Open Trade DD is again way in excess of 3 month profit - DOH!
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Phew....
Interesting stuff overnight - now have 43 trades open - its really piling in to try and recover the losing trades.
I can't imagine this ever being "flat" - its not happened in 3 months so not sure why other people's account go 'flat'??
Open Trade DD still -20%
I think the lowest Open Trade DD I can remember seeing was about -5% and that was maybe a week or two after it started.
I still have one October trade open.
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I was thinking the same - thought I'd hold back to see if anyone woudl comment given the last couple of days events.
I was wondering if everyone had gone quiet due to heart attacks after the overnight drawdowns!
In my case -11% overnight to a total of -25%
Now clawing its way back to -20% at the moment.
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